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Category Archives: Where’s the Beef?
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
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
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
This makes my head hurt
From the Real Deal: This is the salary you need to earn to buy a home right now in New York, Miami and LA Using the National Association of Realtors’ data on housing affordability, Business Insider gathered a list of … Continue reading
Not the best in a decade?
From HousingWire: Here’s why the housing market continues to struggle with low inventory Tight housing inventory supply could put a strain on this year’s spring home-buying season, according to the monthly Outlook released Tuesday by Freddie Mac. The low supply … Continue reading