Category Archives: Where’s the Beef?

That’s all you got?

From Jersey Digs: Just Sold Alpine Mansion Sets New Jersey’s 2024 Price Record A leafy suburb that regularly ranks as one of the most expensive zip codes in the country is unsurprisingly home to the year’s priciest home sale in … Continue reading

Posted in New Jersey Real Estate, Where's the Beef? | 147 Comments

Buyers walking?

From Newsweek: Florida Housing Market Faces ‘Nightmare Scenarios’ as Deals Collapse Florida homebuyers are backed out of deals to purchase properties at a record rate, according to a new report from real estate brokerage Redfin, as prices continue rising and mortgage … Continue reading

Posted in Housing Bubble, National Real Estate, Where's the Beef? | 70 Comments

Dining rooms and jello molds

From The Atlantic: Why Dining Rooms Are Disappearing From American Homes The dining room is the closest thing the American home has to an appendix—a dispensable feature that served some more important function at an earlier stage of architectural evolution. … Continue reading

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

How does this nonsense even make the news?

From the Bergen Record: Thinking about a staycation? Avoid these 2 NJ cities and travel to these instead We all need a getaway every once in a while, but you don’t always need to travel far to have a good … Continue reading

Posted in Humor, Where's the Beef? | 87 Comments

This is the top 20?

From NJ1015: The top 10 hottest towns in New Jersey to buy a home

Posted in Economics, Housing Bubble, New Jersey Real Estate, Where's the Beef? | 33 Comments

Huh?

From the LA Times: Forget California exodus. New Jersey residents lead an influx back into the Golden State  After a half decade of Californians moving to places like Texas and Florida, an unlikely state has been supplying California with new … Continue reading

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Where's the Beef? | 16 Comments

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