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New Jersey Real Estate Report title: New Jersey Real Estate Report | Real Estate, Economics, and Politics
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From the FT:
Grim retail sales data fuels concerns about health of US economyA series of grim official data released just ahead of Thanksgiving has deepened concerns about the health of the world’s largest economy, ratcheting up pressure on President Donald Trump.
Signs of we...
From Newsweek:
Price Correction ‘Worse Than 2008’ Coming To US Housing Market—AnalystThe only transactions that continued happening in the U.S. market at volume this spring and summer, she said, were for higher-priced homes. “You have this bifurcated housing market...
From NJ1015:
New Jersey’s film industry revival is changing the real estate gameWith all three film studio partners in place — Lionsgate, Netflix and Paramount — and three separate production facilities being built, New Jersey has cemented its return to film-making roots.
For West Coast-base...
From Redfin:
U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury HomesU.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October. Luxury home prices are growing roughly three times faster than non-...
From CNBC:
Existing home sales see small October gain, but supply is now droppingImprovement in mortgage rates at the end of the summer boosted home sales, but that gain may be short-lived.
Sales of previously owned homes in October rose 1.2% from September to 4.1 mil...
