From NJ.com: Regulators close Republic First Bank, regional lender with 15 N.J. locations Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and N...
https://njrereport.com/index.php/2024/04/27/this-pattern-seems-familiar/
From Bloomberg: Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. ...
https://njrereport.com/index.php/2024/04/26/oh-hey-austin-you-too/
From the NY Post: Once the West Coast’s crown jewel, San Francisco’s real estate market is crashing San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of col...
https://njrereport.com/index.php/2024/04/25/the-first-to-fall/
From Zillow: Zillow Home Value and Home Sales Forecast (March 2024) Zillow’s home value forecast calls for 1.9% growth over 2024 – slower than long-term norms but a welcome slowdown for first...
https://njrereport.com/index.php/2024/04/24/zillow-home-price-forecast/
From CNBC: Luxury real estate prices just hit an all-time record Real estate is increasingly a tale of two markets — a luxury sector that is booming, and the rest of the market that continue...
https://njrereport.com/index.php/2024/04/23/sorry-about-the-affording-thing/
From the Star Ledger: Homes in New Jersey sold the fastest in the nation. As the weather heats up so is New Jersey housing market, according to the latest data. Homes in New Jersey sold within a ...
https://njrereport.com/index.php/2024/04/22/second-fastest-in-the-nation/
From CNBC: March homes sales dropped despite a surge in supply. Here’s why. Sales of previously owned homes dropped 4.3% in March compared with February, to a seasonally adjusted annualized rat...
https://njrereport.com/index.php/2024/04/19/has-the-slowdown-begun/
From the Real Deal: Mortgage applications jump as buyers worry about rising rates Mortgage activity increased anyways, suggesting homebuyers and homeowners are concerned rates aren’t done risin...
https://njrereport.com/index.php/2024/04/18/mortgage-rates-hit-4-month-high/
Hat Tip VSG & Chi – From the WSJ: Boomers Bought Up the Big Homes. Now They’re Not Budging. Baby boomers bought up many of the big homes across the U.S. when they were raising their families....
https://njrereport.com/index.php/2024/04/17/the-boomers-wont-go/
From Marketplace: Home prices have risen 423% in 40 years, fueling economic discontent We’ve been dealing with high inflation in this economy over the last several years, with everything fr...
https://njrereport.com/index.php/2024/04/15/single-family-as-a-luxury-good/
From Patch: Home Prices Jumped 10 Percent This Year In These NJ Counties Atlantic Bergen Burlington Camden Cape May Cumberland Essex Gloucester Hudson Hunterdon Mercer Middlesex Monmouth Morris O...
https://njrereport.com/index.php/2024/04/12/where-does-it-stop/
From the Record: The Great Falls are essential to Paterson’s economic and cultural future There aren’t many urban centers in America that have a waterfall a stone’s throw away from their do...
https://njrereport.com/index.php/2024/04/10/paterson-renaissance/
From Patch: NJ Town’s Real Estate Market Named One Of The Hottest In U.S.: Report Montclair is not only the hottest town in New Jersey for real estate, but the fourth hottest in the entire coun...
https://njrereport.com/index.php/2024/04/08/montclair-4-in-the-country/
From Business Insider: A record 550 cities now have average home values above $1 million A record number of US cities have an average home value of more than $1 million — a sign that the housin...
https://njrereport.com/index.php/2024/04/05/you-cant-afford-it/
From Yahoo Finance: The ‘growing crisis of the young American male’ could send home prices falling for years or even decades, says the ‘Oracle of Wall Street’ Meredith Whitney, deemed the...
https://njrereport.com/index.php/2024/04/04/lazy-men-will-destroy-the-housing-market/