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housing market

House on pile of money
Creatas, ThinkStock
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Seriously underwater: Nearly 15% of NJ homes drowning in debt

While the nation as a whole saw seriously underwater properties decrease by more than 37,000 from the first quarter of 2016, New Jersey experienced a jump of more than 8,800.

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Home Construction
In this Tuesday, Jan. 26, 2016, photo, a "For Sale" sign hangs in front of a home under construction in Atlanta. (AP Photo/John Bazemore)
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US housing starts fall in notably cold and snowy January

A sharp 12.8 percent decline in construction in the Midwest and a 3.7 dip in the Northeast propelled the broader decrease, with construction also falling in the South. It was nearly unchanged in the West.

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GLENDALE, CA - SEPTEMBER 15: A for sale sign is posted in front of house on September 15, 2011 in Glendale, California. Foreclosures spiked as mortgage default notices filed by banks climbed 33 percent between July and August, the biggest single-month increase in four years. (Photo by Kevork Djansezian/Getty Images)
Kevork Djansezian, Getty Images
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Why is the New Jersey housing market still sagging?

Despite an improving economy, low unemployment and cheap energy prices, the housing market continues to sputter in New Jersey.

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Gas Price
Ronira, ThinkStock
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Oil slump weighing on housing markets in Texas, North Dakota

There's a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom.

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for sale
Tim Boyle, Getty Images
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US housing recovery divided on age, race and place

It's the most profitable time to sell a house since the Great Recession started in late 2007. But first-time buyers are increasingly scarce.

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Homebuyers
Couple in new home (Catherine Yeulet, ThinkStock)
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Millennials want to buy homes soon, but NJ supply ‘constrained’

They've been scared off by stagnant wages and a lackluster housing market, but a good share of potential first-time homebuyers seem ready to take that plunge in the near future.

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House for Sale
Tim Boyle, Getty Images
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US pending home sales climb to 9-year high

More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years.

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A home for sale in Charlotte, N.C.
A home for sale in Charlotte, N.C. (AP Photo/Chuck Burton)
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Why are home sales finally surging?

Real estate has gotten hot again.

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(Ryan McVay, ThinkStock)
(Ryan McVay, ThinkStock)
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Selling a home in New Jersey? Learn the 4 steps that are essential

In New Jersey and many other states, more homes are hitting the market this time of year to meet the blooms of spring and rising temperatures. However, it's hardly ever safe to present your home "as is."

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Homebuyers
Catherine Yeulet, ThinkStock
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Millennials holding off on first home

The economy is improving, hiring is gaining strength and average hourly wages are moving upward, which means potential homebuyers are beginning to feel better about taking on a mortgage. However, it's a different story for millennials who are not quite ready to pull the trigger.

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