Njrereport.com [2021]

New Jersey Real Estate Report Real Estate, Economics

Welcome to the post-pandemic North Jersey real estate market, where price appreciation is the brutal reality even with vaccines spreading, interest rates climbing and more homes going on sale. With demand still high, last year’s “COVID premium” isn’t fading away.

Actived: 2 days ago

URL: http://njrereport.com/

National Real Estate New Jersey Real Estate Report

(3 days ago) From Forbes: The Real Estate Landscape In 2020: An Expert’s Predictions Sellers will expand on home improvements before selling These will go far beyond staging as buyers become less inclined to buy homes that need work “They wish to know …

Category:  Real estate Go Now

New Jersey Real Estate New Jersey Real Estate Report

(5 days ago) Seems I picked a fine time to stop blogging. Markets in turmoil, global pandemic, potential real estate catastrophe looming. Couple of folks reached out to me over the past few days about opening the blog back up again.

Category:  Real estate Go Now

New Jersey Real Estate New Jersey Real Estate Report

(7 days ago) From the Record: N.J. real estate prices headed up New Jersey home prices have bottomed out and will rise about 2 percent this year, real estate appraiser Jeffrey Otteau predicted Monday. “While things will get better from here, they’re going … Continue reading →

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Shore Real Estate New Jersey Real Estate Report

(Just Now) From the APP: NJ Airbnb users now must pay tax, unless they use a real estate agent Visitors to the Shore who want to avoid paying a new … Continue reading → Posted in New Jersey Real Estate , Shore Real Estate , Unrest | 38 Comments

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North Jersey Real Estate New Jersey Real Estate Report

(7 days ago) Posted in Demographics, Economics, Employment, New Development, North Jersey Real Estate, Property Taxes | 147 Comments Just let Atlantic …

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South Jersey Real Estate New Jersey Real Estate Report

(7 days ago) From the Philly Inquirer: Region – especially Phila. – had a good spring for home sales Spring’s real estate market was the Philadelphia area’s best since the housing bubble burst in mid-2007, with significant increases in prices and sales volume …

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New Jersey Real Estate Report Real Estate, Economics

(Just Now) From Property Shark: COVID-19 was a complete game-changer in many areas, including the real estate market. Many New Yorkers sought alternatives to city life and, although prices for homes in New York City remained steady, the number of transactions dropped by 28% in NYC between March 2020 and February 2021.. Residents found the things that made city life unique and exciting were …

Category:  Real estate,  New york Go Now

So, here we are again… New Jersey Real Estate Report

(4 days ago) Welcome to the post-pandemic North Jersey real estate market, where price appreciation is the brutal reality even with vaccines spreading, interest rates climbing and more homes going on sale. With demand still high, last year’s “COVID premium” isn’t fading away.

Category:  Real estate Go Now

Housing Bubble New Jersey Real Estate Report

(7 days ago) Posted on October 2, 2019 by grim. From the very rarely cited Fox News: NYC housing prices in near ‘free fall,’ conditions mirror recession era following tax hikes The Manhattan real estate market stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing …. Continue reading →.

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New Jersey Real Estate Report Real Estate, Economics

(1 days ago) Real-estate prices in 20 U.S. cities probably rose in September at the slowest pace in eight months, showing the latest slump in sales is destabilizing housing, economists said before a report today. The S&P/Case-Shiller index of property values climbed 1 percent from September 2009, the smallest year-over-year gain since February, when the

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New Jersey Real Estate Report Real Estate, Economics

(9 days ago) Knowing the real estate market was hot early this year, the couple figured looking in the million-dollar range would give them a cushion. But the market was just too tough. They lost out in bidding wars for homes in Chatham and Basking Ridge before snaring a Basking Ridge 4,300-square-foot colonial revival built in the 1980s. The purchase price

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New Development New Jersey Real Estate Report

(7 days ago) Industrial is hot in NJ. Posted on July 14, 2019 by grim. From GlobeSt: NJ’s Industrial Market Continues to be a Record-Breaker The industrial real estate market in New Jersey continues to see strong demand, higher rents and low availabilities. Commercial brokerage firm CBRE in its latest market report on the industrial ….

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Gold Coast New Jersey Real Estate Report

(2 days ago) Bayonne joins the Gold Coast. Posted on June 2, 2017 by grim. From the NY Post: When Jason Tsay and Michael Suchocki left artsy Chelsea for sleepy Bayonne, they thought the New Jersey city was on the cusp of a real estate renaissance. Turns out they were a decade early. The couple ….

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Real Estate HowTo: Searching Tax Records New Jersey Real

(3 days ago) The Real Estate industry has worked hard to keep information private, within their realm, thus depriving consumers of the information they need. This gives the real estate industry and sellers an advantage over buyers. I am trying my hardest to eliminate that advantage by providing readers as much information as I can.

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New Jersey Real Estate Report Real Estate, Economics

(Just Now) Research from the real estate data company found the inventory of homes for sale is the lowest in four years. Gudell said a contributing factor to fewer homes on the market is more baby boomers are staying put in their “home sweet home,” rather than downsizing.

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June 2020 New Jersey Real Estate Report

(Just Now) Real Estate, Economics, and Politics. Skip to content. Home; blacklist; Monthly Archives: June 2020. C19 Open Discussion Week 16b. Posted on June 30, 2020 by grim. From CNBC: Pending home sales spike a record 44.3% in May, as homebuyers rush back into the market Pending home sales spiked a stunning 44.3% in May compared with April, according to

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Humor New Jersey Real Estate Report

(8 days ago) From the Star Ledger: When it’s time to sell your home, words matter So you’re selling your house. You could keep the listing short and simple: “3BR, 1BA, eat-in kitchen.” Or you could do what real estate agent Maryanne Elsaesser … Continue reading →

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Housing Recovery New Jersey Real Estate Report

(8 days ago) Posted in Economics, Housing Recovery, National Real Estate, New Jersey Real Estate | 26 Comments. Mortgage company CEO wants tax break so he can write more mortgages. Posted on October 14, 2019 by grim.

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Sorry, sold out. New Jersey Real Estate Report

(8 days ago) In Long Island, contracts to buy single-family homes were up 14% in June from a year earlier, according to a report Friday by Miller Samuel and Douglas Elliman Real Estate. That’s down from May and April, when deals soared 160% from the corresponding months in 2020. Westchester County saw 20% more contracts last month than in June 2020.

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New Jersey Real Estate Report Real Estate, Economics

(1 days ago) Meanwhile, several real estate trade groups and economists have said that the market is in a normal, cyclical decline and predict a “soft landing” rather than a free fall — and economic slowing rather than a recession. Most will agree that the real estate boom was a boost to the economy and the real estate downturn is now an economic drag.

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April 2021 New Jersey Real Estate Report

(1 days ago) How hot is NJ’s spring real estate market? Cash offers, bidding wars, forgone inspections With two children and a third on the way, Heather and Patrick Healy decided their 1,900-square-foot home in New Providence was just too small.

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July 2021 New Jersey Real Estate Report

(1 days ago) Real Estate, Economics, and Politics. Skip to content. Home; blacklist; Monthly Archives: July 2021. Race to the 4th. Posted on July 1, 2021 by grim. Updated Vaccination by Age Range for NJ:6/22 vs 6/30 At Least 1 DoseTotal Pop: 9.2mTotal 1st Doses: 5.4m – 59% of total pop (Up from 58%) – Bloomberg reporting 62.8% 12-15 – 450k population

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February 2021 New Jersey Real Estate Report

(Just Now) Real Estate, Liquor, and the Grim Reaper … Damn I’m good. Pandemic Tax Windfall for NJ: Receipts from House Sales and Liquor Boost State Revenues At first the coronavirus pandemic slowed New Jersey’s real estate market, but a huge rebound … Continue reading →

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May 2011 New Jersey Real Estate Report

(Just Now) From the APP: Real estate rebound will require jobs, time New Jersey real estate pros are reading tea leaves, searching for positive signs — anything remotely positive, really — that point to a rebound in the state’s tortured housing market. … Continue reading →

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April 2014 New Jersey Real Estate Report

(1 days ago) Commercial investors positive on Jersey market. Posted on April 14, 2014 by grim. From the Record: Investors return for North Jersey real estate A few months ago, a Hoboken multifamily building, The Artisan, sold for a record $569,000 per “door,” or apartment. The acquirer, a real estate investment management company, forked over $33.6 ….

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March 2011 New Jersey Real Estate Report

(Just Now) Posted in Economics, Employment, New Jersey Real Estate | 182 Comments New home sales post record low (if you trust the numbers, or if it even matters) Posted on March 24, 2011 by grim

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grim New Jersey Real Estate Report

(3 days ago) Posted on July 1, 2021 by grim. Updated Vaccination by Age Range for NJ:6/22 vs 6/30 At Least 1 DoseTotal Pop: 9.2mTotal 1st Doses: 5.4m – 59% of total pop (Up from 58%) – Bloomberg reporting 62.8% 12-15 – 450k population – 162k dosed – 36% 1 …. Continue reading →. Posted in General | 52 Comments.

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December 2011 New Jersey Real Estate Report

(1 days ago) Jersey’s got the highest down payments in the nation. Posted on December 13, 2011 by grim. From New Jersey Newsroom: N.J. tops housing market with highest average mortgage down payment Out of all 50 states, New Jersey has the highest average down payment on real estate purchases, according to a new report published by LendingTree.com, an ….

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Foreclosures New Jersey Real Estate Report

(4 days ago) Posted on July 16, 2018 by grim. From NJ101.5: NJ still the worst state for foreclosures As we move further away from last decade’s housing crisis, its lingering impacts on the real estate market are dwindling. But the Garden State still can’t escape its role as the ….

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March 2016 New Jersey Real Estate Report

(1 days ago) From News 12: Toms River ordinance bans aggressive real estate solicitation Door-to-door real estate solicitation is now forbidden in areas of Toms River. The “cease and desist” ordinance went into effect Friday. The ordinance comes after many complaints by Toms … Continue reading →

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March 2021 New Jersey Real Estate Report

(Just Now) C19 Open Discussion Week 53b. Posted on March 10, 2021 by grim. From Politico: Soaring home prices are starting to alarm policymakers The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers, who fear the market could lock a generation of would-be buyers ….

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October 2011 New Jersey Real Estate Report

(1 days ago) NJ/NY Metro prices down 3.4% in August. Posted on October 26, 2011 by grim. From the Record: Home prices dropped 3.4 percent in August What’s new: Home prices in the New York metropolitan area, which includes North Jersey, dropped 3.4 percent in August, compared with August 2010, the Standard & Poor’s/Case-Shiller index reported on ….

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August 2011 New Jersey Real Estate Report

(1 days ago) Posted on August 25, 2011 by grim. From the Record: A third of homes sold in second quarter were in foreclosure Almost one in three homes sold in the U.S. in the second quarter were owned by banks or in some stage of foreclosure, RealtyTrac reported today. …. Continue reading →. Posted in Employment, Housing Bubble, New Jersey Real Estate

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January 2019 New Jersey Real Estate Report

(Just Now) From CNBC: The unusually large drop in home sales has real estate agents baffled Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 6.4 percent monthly move was unusually large, regardless of … Continue reading →

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May 2015 New Jersey Real Estate Report

(1 days ago) NJ gains 4,300 jobs in April, Unemployment unch. 6.5%. Posted on May 22, 2015 by grim. From the Record: NJ added 4,300 jobs, mainly government, in April New Jersey had its 10th consecutive month of job growth in April, with the addition of 4,300 jobs and a revision of the March figures. The state added 300 ….

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New Jersey Real Estate New Jersey Real Estate Report

(1 days ago) From GlobeSt: NJ’s Industrial Market Continues to be a Record-Breaker The industrial real estate market in New Jersey continues to see strong demand, higher rents and low availabilities. Commercial brokerage firm CBRE in its latest market report on the industrial …

Category:  Real estate Go Now

July 2017 New Jersey Real Estate Report

(Just Now) From the Philly Business Journal: Philadelphia posts solid, post-recession gain in home values Since the real estate bubble burst during the Great Recession of 2007-2009, housing markets across the country have struggled to regain their footing.

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New Jersey Real Estate Report Real Estate, Economics

(3 days ago) Real estate market not out of woods yet. VINELAND — Residential real estate still struggles in communities in Cumberland County and western Atlantic County, especially in the high-value end of the market. Federal tax credit incentives for new and existing homebuyers were some help over the past 12 months, local real estate professional say.

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Property Taxes New Jersey Real Estate Report Page 4

(3 days ago) From NJTV: Tax reform throws NJ real estate market into period of uncertainty The president gathered a crowd outside the White House to celebrate the new tax plan last week. Republicans cheered the new order, but across New Jersey homeowners …

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October 2006 New Jersey Real Estate Report

(1 days ago) From Rismedia: Home Sale Slowdown Forces Painful Price Reductions As a real estate broker, Joanne English Rollieson knows how to price houses. But the cooling real estate market forced her to cut $30,000 off the $525,000 asking price for her … Continue reading →

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September 2013 New Jersey Real Estate Report

(1 days ago) Posted on September 23, 2013 by grim. From the Star Ledger: Property tax burden up 13 percent under Christie, AP analysis shows The net household property tax burden in New Jersey rose 13 percent during Gov. Chris Christie’s first three years in office — a number that …. Continue reading →.

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Economics New Jersey Real Estate Report

(1 days ago) Seems I picked a fine time to stop blogging. Markets in turmoil, global pandemic, potential real estate catastrophe looming. Couple of folks reached out to me over the past few days about opening the blog back up again.

Category:  Real estate Go Now

November 2009 New Jersey Real Estate Report

(1 days ago) From the NY Times: Industrial Real Estate, a New Jersey Bulwark, Shows Some Cracks Over the years, as the real estate markets for offices, residences and stores in New Jersey have gone through peaks and valleys, the market for industrial … Continue reading →

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Lowball New Jersey Real Estate Report

(9 days ago) From CNBC: NYC has moved into a buyer’s market, and is experiencing a housing trend last seen in 2009 New York City’s pricey real estate has become a “buyers market,” new data suggests, characterized by lowball offers and a rise …

Category:  Real estate,  New york Go Now

March 2009 New Jersey Real Estate Report

(Just Now) Otteau: NJ prices to fall 9% in 2009, no bottom this spring. Posted on March 18, 2009 by grim. From the Record: N.J. homes prices still falling New Jersey home prices are dropping by an average of about 1 percent a month, and will likely not stabilize before the fourth quarter, appraiser Jeffrey Otteau said today.

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February 2009 New Jersey Real Estate Report

(1 days ago) North Jersey Home Prices Fall 12%. Posted on February 13, 2009 by grim. From the Record: Home prices down nearly 12 percent Home prices in the New York metropolitan area, including North Jersey, were at a median of $458,600 in the fourth quarter of 2008, down 11.7 percent from a year earlier, the …. Continue reading →.

Category:  New york Go Now

March 2017 New Jersey Real Estate Report

(1 days ago) From the NYT: Home Sales Brisk in New York City’s Suburbs Real estate market temperatures in the commuter suburbs around New York City range from warm to sizzling, having never really cooled down for the winter. As 2016 ended, prices … Continue reading →

Category:  Real estate,  New york Go Now

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