Category Archives: New Jersey Real Estate

Back to Work

Posted on September 19, 2022 by grim

From CNBC: New York City is getting closer to the tipping point in return to office work Jamie Dimon may have been off by a year, but New York City’s offices are finally starting to fill up. In May 2021, … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, NYC | 102 Comments

Recovery

Posted on September 16, 2022 by grim

From NJ1015: Jobs in NJ erase pandemic losses — but here’s how economy changed Employment in New Jersey has finally fully recovered from the losses suffered during the economic shutdowns imposed in the first months of the pandemic, according to … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 124 Comments

Reinventing Jersey

Posted on August 15, 2022 by grim

From CoStar: As Former Toys R Us Campus Awaits New Use, New Jersey Embarks on Transforming the American Office Park The future of the former Toys R Us corporate headquarters is still to be determined in New Jersey, a state that’s … Continue reading →

Posted in New Development, New Jersey Real Estate | 31 Comments

NJ: Want your tax break? Get back to the office.

Posted on July 29, 2022 by grim

Disregard the source, was trying to find a non-paywalled version of this article yesterday. From Florida Realtors: N.J. to Companies: Make Workers Return While companies continue to wrestle with the employee question – Should they be allowed to work remotely … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Politics | 152 Comments

Welcome Back to … Normal?

Posted on July 22, 2022 by grim

From the APP: NJ private-sector jobs back to pre-COVID levels. But will hiring spree last? New Jersey added 9,800 jobs and its unemployment remained a low 3.9% in June, the state Department of Labor and Workforce Development said Thursday in … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 98 Comments

Relief?

Posted on July 21, 2022 by grim

From the Record: New Jersey taxpayers won’t find relief in Phil Murphy’s budget Gov. Phil Murphy and Democrats in the state legislature are lauding themselves for providing relief and improving New Jersey’s economy with their recently passed state budget. Neither … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics, Property Taxes | 68 Comments

Where the money is

Posted on July 18, 2022 by grim

From NJ94.3: 3 New Jersey Counties Are Among The Richest In America We all know there is a lot of money to be found in New Jersey. As a matter of fact, the Garden State is home to three of … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 124 Comments

Sorry, you missed the top

Posted on May 29, 2022 by grim

From Fortune: The housing market just slid into a full-blown correction, says top economist Mark Zandi Moody’s Analytics chief economist Mark Zandi is ready to call it. He tells Fortune that we’ve officially moved from a housing boom into a “housing correction.” The … Continue reading →

Posted in Economics, Housing Bubble, New Jersey Real Estate | 21 Comments

Yeah Right

Posted on May 25, 2022 by grim

From NJ1015: GOP plan for ‘once-in-a-lifetime opportunity’ to cut NJ taxes Assembly Republicans want to cut income taxes as part of the new state budget, part of a four-pronged plan for responding to an unprecedented surge in state revenues and … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Politics | 302 Comments

NJ UE Falls to 4.1%

Posted on May 21, 2022 by grim

From InsiderNJ: NJDOL: New Jersey Job Growth Continues in April  New Jersey’s employment growth continued for the 17th consecutive month in April, as non-farm employment increased by 14,800 jobs to reach a seasonally adjusted level of 4,191,500, while NJ’s unemployment rate … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 27 Comments

Aaannnddd… They’re Off!

Posted on May 16, 2022 by grim

From the Star Ledger: New home listings up 40%. What the market is like in all 21 N.J. counties. Anyone who has shopped for a house in this red-hot market can tell you, there aren’t many to choose from. The … Continue reading →

Posted in New Jersey Real Estate | 307 Comments

NJ’s new tax rebate

Posted on May 13, 2022 by grim

From Patch: $900M In Tax Relief Could Be Coming To 1.8M NJ Homeowners, Renters Nearly 1.8 million New Jersey homeowners and renters could get some money back from the state under Gov. Phil Murphy’s new property tax relief program proposed … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 127 Comments

Back to work?

Posted on May 9, 2022 by grim

From NJ1015: Extended unemployment insurance to expire for 80,000 NJ workers Eighty-eight weeks of unemployment benefits triggered by the coronavirus pandemic are coming to a close. The New Jersey Department of Labor and Workforce Development announced Thursday that approximately 80,000 New Jersey … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 384 Comments

Nothing to worry about here

Posted on May 1, 2022 by grim

From Forbes: The odds of a home price decline hitting your local housing market, as told by one interactive chart While the swift move up in mortgage rates is undoubtedly putting downward pressure on the housing market, it doesn’t mean home … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate | 124 Comments

Almost Number 1

Posted on April 26, 2022 by grim

From NJ1015: NJ foreclosure rate 2nd-highest in U.S. for March, and all of Q1 New Jersey trailed only Illinois for the highest foreclosure rate in the United States over the first quarter of 2022 as backlogs from pandemic moratoriums continued … Continue reading →

Posted in Economics, Foreclosures, New Jersey Real Estate | 343 Comments