Category Archives: Politics

Who is better for housing?

Posted on November 5, 2024 by grim

From Mansion Global: Housing Was a Factor for About 40% of Early Voters in the U.S. Presidential Election For U.S. adults who voted in the presidential election by Nov. 1, about two in five said the housing market was a … Continue reading →

Posted in National Real Estate, Politics | 167 Comments

Wait and see

Posted on November 1, 2024 by grim

From NorthJersey.com: Do presidential elections affect the housing market? Here’s what experts had to say The time surrounding a presidential election is often said to see a slowdown in real estate activity in some markets. Though not by a significant … Continue reading →

Posted in Housing Bubble, National Real Estate, Politics | 89 Comments

So much for NJ’s economy

Posted on September 30, 2024 by grim

From Reuters: US East Coast port strike looms Tuesday with no talks scheduled U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks currently scheduled to head off a stoppage … Continue reading →

Posted in Crisis, Economics, New Jersey Real Estate, Politics, Unrest | 195 Comments

New rules, nothing really changes

Posted on August 8, 2024 by grim

From NJ1015: NJ changes home-buying rules: what this means for you Some big changes to the process of buying or selling a home in New Jersey are now in effect. The aim of the new rules, created through legislation that … Continue reading →

Posted in New Jersey Real Estate, Politics | 82 Comments

Biden Out

Posted on July 22, 2024 by grim

From CNN: Harris seeks to rally Democrats after Biden drops out of race

Posted in Crisis, National Real Estate, Politics | 242 Comments

Why not just lower taxes?

Posted on July 19, 2024 by grim

From NJ.com: The property tax overhaul New Jersey’s property tax breaks, including the popular Senior Freeze and ANCHOR benefits, could soon undergo dramatic changes as the state tries to keep its promise to further cut taxes for senior citizens under the Stay NJ law, according to recommendations released … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics | 131 Comments

Just another day in NJ politics

Posted on June 18, 2024 by grim

Hat Tip Gator. From NJ101.5: NJ Democratic boss stares down officials at corruption-case news conferenceLike a boss, Democratic power broker George Norcross sat defiantly in the front row on Monday as the state Attorney General’s Office outlined a blockbuster corruption … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 92 Comments

Don’t leave just yet

Posted on June 2, 2024 by grim

From InsiderNJ: Stay NJ Task Force Releases Report Recommending Changes to Simplify and Improve New Jersey’s Property Tax Relief Programs Today, the Stay NJ Task Force released its report providing recommendations for the State to implement the new Stay NJ program while simplifying and … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics | 37 Comments

A new era in NJ politics? Thanks Murphy!

Posted on April 2, 2024 by grim

From CNN: Federal court scraps New Jersey’s controversial ‘county line’ ballot design Voting rights advocates scored a major victory Friday in New Jersey when a federal judge struck down the use of a controversial primary ballot design that favored party-backed candidates. The … Continue reading →

Posted in New Jersey Real Estate, Politics | 35 Comments

Building 200,000 Affordable Homes

Posted on March 19, 2024 by grim

From the Record: Senate passes bill to overhaul how NJ towns will meet affordable housing mandate How much affordable housing will New Jersey towns be required to zone for, build, convert or renovate over the next decade?  Gov. Phil Murphy … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Politics | 92 Comments

Yeah, but will it really change?

Posted on March 16, 2024 by grim

From CNN: The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to dramatically reduce the cost … Continue reading →

Posted in National Real Estate, Politics, Unrest | 24 Comments

Transit-based redevelopment

Posted on March 14, 2024 by grim

From Newsweek: Housing Market Solution Could Help New Jersey New Jersey might have just found a solution to its affordable housing crisis, and it involves the undeveloped land outside of its transit system. The Regional Plan Association found 74,000 acres of land … Continue reading →

Posted in Demographics, Housing Bubble, New Development, New Jersey Real Estate, Politics | 95 Comments

Taxes Up!

Posted on February 28, 2024 by grim

From News12: Gov. Murphy seek $55.9B New Jersey budget, increasing education aid, boosting biz taxes to fund transit Gov. Phil Murphy on Tuesday unveiled a $55.9 billion budget, up about 5% over his previous year’s proposal, calling for nearly $1 … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 97 Comments

Flooding kicks off new wave of Blue Acres buyouts

Posted on February 13, 2024 by grim

From ABC News: Flood-stricken New Jersey residents look into government-funded home buyout program The flooding in parts of New Jersey over the past few months left mounts of headaches for residents. Countless residents from those affected areas came out to … Continue reading →

Posted in Crisis, New Jersey Real Estate, Politics, Unrest | 77 Comments

NYC’s rent controlled time bomb

Posted on February 11, 2024 by grim

From Bloomberg: Why NYC Apartment Buildings Are on Sale Now for 50% Off Even in the crisp afternoon sunlight, the two-bedroom Manhattan apartment has a ghostly pallor, its cracked walls yellowing like an ancient black-and-white photograph. Paint chips are falling from … Continue reading →

Posted in Crisis, Demographics, Economics, NYC, Politics, Price Reduced | 55 Comments