Category Archives: New Jersey Real Estate

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

How not to do NJ real estate

Posted on April 24, 2022 by grim

From the NY Post: Alicia Keys and Swizz Beatz lose more than $6M on NJ mansion sale What a hit! Grammy Award winners Alicia Keys and her producer husband Kasseem “Swizz Beatz” Dean have finally sold their 5-acre New Jersey … Continue reading →

Posted in Lowball, New Jersey Real Estate | 15 Comments

What does 3000 new units look like

Posted on April 18, 2022 by grim

From TAP Wayne: Mapping the New Housing Developments in Wayne  This article is to help Wayne residents visualize where each of the proposed new residential developments will be built in Wayne over the next several years. Below, you will find … Continue reading →

Posted in Demographics, New Development, New Jersey Real Estate | 63 Comments

Donuts anyone?

Posted on April 7, 2022 by grim

From Bloomberg: New Yorkers Plan to Cut Time Spent in the Office by Half, Survey Finds Most New Yorkers who worked from home during the pandemic plan to cut their time in the office by nearly half and spend less … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 233 Comments

NJ Unemployment down to 4.6%

Posted on March 26, 2022 by grim

From the APP: NJ has regained nearly 90% of jobs lost to pandemic, and pay is rising too New Jersey employers added 25,900 jobs in February, the state Department of Labor and Workforce Development reported Thursday, continuing the job market’s … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 40 Comments

Should I stay or should I go?

Posted on March 24, 2022 by grim

From the Star Ledger: Most residents say N.J. is a good place to live, but a third want to leave, poll shows The majority of New Jerseyans like living here, but more than a third say they’d like to move … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 187 Comments