Category Archives: Where’s the Beef?

What’s next year got in store?

From Bankrate: 2024 first-quarter housing trends: Rates begin to thaw “We typically see housing inventory remaining low until February and then ramping up from March onward,” says Lawrence Yun, chief economist for the National Association of Realtors. “Homebuying and open … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, Mortgages, National Real Estate, Where's the Beef? | 40 Comments

Sorry kids, the boomers aren’t leaving what you thought they were.

Great piece from Insider: The myth of the Great Boomer Wealth Transfer When my husband’s grandmother turned 87, our family realized it was time for us to take over her affairs. Grandma Sue was ailing and recently widowed, so we decided that … Continue reading

Posted in Demographics, Economics, National Real Estate, Where's the Beef? | 17 Comments

Sorry stagers, physical home staging is dead

Hard to believe these staging companies ever really existed. Warehouses full of furniture? Using humans to temporarily move in and out furniture, just to get photographs of a home? It’s gotten a whole lot cheaper to put lipstick on the … Continue reading

Posted in National Real Estate, Where's the Beef? | 137 Comments

Because Garden State Plaza Needs 1400 Housing Units

From Costar: Unibail Seeks To Add Roughly 1,400 Housing Units to New Jersey Flagship Mall Unibail-Rodamco-Westfield said it plans to build up to nearly 1,400 residential units as part of the major redevelopment and diversification of its large mall in North Jersey, … Continue reading

Posted in Economics, Housing Bubble, New Development, New Jersey Real Estate, Where's the Beef? | 150 Comments

Tipping Point

From MSN: The shrinking American home: As demand rises, builders go smaller “It’s pretty consistent nationally,” said Mikaela Arroyo, director of the New Home Trends Institute at John Burns Real Estate Consulting.  In an April report, JBREC surveyed 290 residential … Continue reading

Posted in Demographics, National Real Estate, New Development, Where's the Beef? | 37 Comments

Prices Up, Inventory Down, Sales Cratering

From NJ Business: NJ Home Prices Rise but Inventory Falls Residential housing data released this week from New Jersey Realtors, the state trade association representing more than 61,000 Realtors, continues to point to a slower-than-usual summer market, with low inventory … Continue reading

Posted in Housing Bubble, New Jersey Real Estate, Where's the Beef? | 85 Comments

Where you shouldn’t buy

From Yahoo Finance: These Are the 10 Most Overpriced Housing Markets in the U.S. — 5 Are in Florida 10. Nashville, Tennessee 9. Tampa, Florida 8. Deltona, Florida 7. Detroit 6. Palm Bay, Florida 5. Lakeland, Florida 4. Memphis, Tennessee … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, Where's the Beef? | 22 Comments

Not a good time to buy a home…

From CNBC: Consumer confidence in the housing market hits a new low, according to Fannie Mae Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market. … Continue reading

Posted in Economics, Housing Bubble, National Real Estate, Where's the Beef? | 129 Comments

No, they are going to spend like drunken sailors

From MarketWatch: ‘We’re likely to see one of the greatest transfers of intergenerational wealth,’ as $68 trillion set to ‘reshape economy,’ says head of TIAA What big issues will we be reading about in MarketWatch when it comes to retirement? … Continue reading

Posted in Economics, Where's the Beef? | 239 Comments

Upgrade your house … on Joe

From CBS News: Biden’s inflation law offers up to $14,000 for home upgrades. Here’s how to qualify. President Biden’s Inflation Reduction Act takes on climate change by helping Americansreduce their carbon footprint. A key element in that push is offering up … Continue reading

Posted in Economics, National Real Estate, Where's the Beef? | 206 Comments

Remember these guys from Bloomberg?

From Barrons: This Fund Promised Market-Beating Returns. Now It Has Filed for Bankruptcy. Brian Casey, who was appointed NRIA’s independent manager in late April, said in a first-day motion Wednesday that the Chapter 11 petition aimed to buy the Secaucus … Continue reading

Posted in Lowball, Where's the Beef? | 108 Comments

Up Up Up

From the APP: NJ inflation: Energy, furniture, food soar, and retirees may need jobs to pay for it As Valentine’s Day approached, Lou Smith, the owner of Blend on Main in Manasquan, last week found the wholesale price of a 2-pound … Continue reading

Posted in Economics, New Jersey Real Estate, Where's the Beef? | 90 Comments

What could possibly go wrong?

From the Star Ledger: Murphy pushes taxpayer-funded bank for N.J. No state has done that in a century.  Gov. Phil Murphy on Wednesday took the first steps to make New Jersey the first state in a century to open a state-owned bank. … Continue reading

Posted in New Jersey Real Estate, Politics, Where's the Beef? | 120 Comments

NJ Transit will do a great job

From NJ Spotlight: NEW NJ TRANSIT DIVISION TO TAKE ADVANTAGE OF HEFTY REAL ESTATE PORTFOLIO New Jersey Transit is among the mass-transit agencies that rely the most on fare revenues, according to a recent audit, which suggested a hefty real-estate … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Where's the Beef? | 76 Comments

NJ Democrats face existential crisis

From the Star Ledger: Democrats take control … of empty treasury | Moran After Gov. Chris Christie hands off to Phil Murphy in two days, liberals in New Jersey will be unleashed to do as they please, with unchecked power … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics, Unrest, Where's the Beef? | 59 Comments