Category Archives: Philly

Lonely at the top

Posted on September 14, 2023 by grim

From ATTOM: New Jersey And Illinois Have Highest Concentrations Of Housing Markets At Risk Of Declines ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Impact Report spotlighting county-level housing markets around the United … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Jersey Real Estate, NYC, Philly | 74 Comments

Could be worse, we could be the UK

Posted on June 19, 2023 by grim

From the Guardian: Millions are facing soaring mortgage rates. How did we leave them so vulnerable? There is a cross-party consensus that Britain as a property-owning democracy should promote home ownership. To that end, 7.5 million people hold a record £1.7tn … Continue reading →

Posted in Crisis, Demographics, Economics, Mortgages, Philly | 76 Comments

Buying a home in La La Land

Posted on June 9, 2023 by grim

From the Philly Inquirer: The Philly area doesn’t have enough homes available for low- and middle-income buyers More than one million homes nationwide were available for sale in late April. But high prices mean that what’s out there doesn’t match … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate, Philly | 69 Comments

Work from home, in the city.

Posted on May 8, 2023 by grim

From the Real Deal: Philadelphia’s “beat up” office market struggles to recover The City of Brotherly Love has no love for commercial real estate. Office occupancy in Greater Philadelphia has contracted by nearly 10 million square feet since 2019, the Philadelphia … Continue reading →

Posted in Demographics, Economics, Employment, Philly | 67 Comments

Can’t even afford the trailer park

Posted on February 26, 2023 by grim

From the NY Post: Inside the Hamptons trailer park that’s become a playground for millionaires In the summer of 1998, Ken Hilderbrandt was contemplating buying a bigger boat — or a beachfront trailer on a wave-swept bluff in Montauk overlooking … Continue reading →

Posted in Demographics, Economics, National Real Estate, Philly | 17 Comments

Whatcha waiting for PA?

Posted on December 29, 2021 by grim

From CBS Pittsburgh: Pennsylvania Stands Still As Neighbors Hike Minimum Wage, But Some Lawmakers See Action In 2022 What do Ohio, West Virginia, Maryland, New York, New Jersey and Delaware all share in common besides a border with Pennsylvania? They … Continue reading →

Posted in Economics, Employment, Philly | 121 Comments

Publicity stunt worked, but will it sell?

Posted on February 10, 2019 by grim

In case you’ve been living in a cave, or basement… From the Star Ledger: Big uproar erupts over house with sex basement, just 30 minutes outside of N.J. We’re not recommending you leave the Garden State, but if you’re looking … Continue reading →

Posted in Lowball, Philly | 65 Comments

On the bright side, it’ll be so affordable nobody will want to leave

Posted on December 11, 2017 by grim

From the Philly Inquirer: ‘It’s going to make it more expensive to live here’: Why N.J., Pa. might face housing blow under GOP tax bill Usually, Tom Bracken said, he would do cartwheels over a plan to cut corporate taxes. … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Philly, Politics | 95 Comments

Does anyone really want Amazon?

Posted on September 20, 2017 by grim

From the Philly Inquirer: Beware, Philadelphia: Amazon could drive up housing prices When Amazon announced its search for a second North American headquarters, government officials, developers, and residents in cities nationwide embraced the prospect as decidedly good news. Including many … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Philly | 68 Comments

Philly burbs on the verge of recovery?

Posted on August 7, 2017 by grim

From the Philly Inquirer: Suburbs boast best real estate market since recession, but don’t get too excited yet In a suburban real estate market described for years as sluggish, it might seem as if, finally, the region is experiencing the … Continue reading →

Posted in Housing Recovery, Philly, South Jersey Real Estate | 32 Comments