Scott Jough Christie's International Real Estate, Northern NJ

10/02/2026

Gavin Newsom has approved Assembly Bill 2050, requiring HOA's to maintain a minimum 30-yr reserve fund contribution as part of a major Housing reform package. The legislation aims to prevent surprise emergency assessments for aging infrastructure, though critics warn it may increase costs for millions of residents.

Nearly one in four California households pays HOA fees.

09/29/2026

For decades, the permanent‑chassis requirement limited design flexibility, added cost, and constrained innovation in manufactured housing. HUD’s new definition changes that. With ROAD now law, factory‑built Housing can expand into modular and multi‑story formats while new financing pilots target small‑dollar mortgages. This is more than Housing reform, it’s a market‑structure shift that affects liquidity, credit, valuation, ex*****on risk, and how capital flows into the built environment.

09/29/2026

Mortgage rates may be easing and inventory may be improving, but the down payment remains the immovable obstacle for first‑time buyers. The average American now needs seven years to save and that number conceals massive variation across cities, income groups, and local economies. The down payment challenge is no longer just a Housing issue; it’s a reflection of how households save, how wages grow, and how affordability diverges across the country. Understanding this metric is essential to understanding the future of Homeownership.

Why declining mobility, rising down payments, and weaker savings rates are creating a new affordability landscape.

09/26/2026

Demarest Day is an annual community celebration featuring family activities, live music, food vendors, and evening fireworks.

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09/22/2026

A decline in mobility isn’t just a demographic trend, it’s a liquidity event. As households preserve existing financing and redirect capital toward renovation rather than relocation, the Mover Rate becomes a window into how consumers manage friction, risk, and incentives. For professionals across Capital Markets, Risk, and Market Data, this metric offers a deeper look at how capital is actually flowing through the economy not through transactions, but through what people choose not to do.

Why the Mover Rate may be one of the most important behavioral indicators for risk, liquidity, and capital allocation.

09/19/2026

The Garden State Chicken Wings and B**r Fest takes over the Teaneck National Guard Armory outdoors on Saturday, Sept. 19, 2026, for its second annual event.

09/18/2026

A large crane crashed onto two homes in neighboring River Vale, and splitting the roof of one of them on Sept. 17th. No injuries were reported.

A large crane crashed onto two homes in River Vale, New Jersey, and...

09/16/2026

A quiet generational handoff is forming in , and almost nobody is talking about it. While the industry debates rates and affordability, is entering ownership earlier, buying differently, and reshaping demand in ways that challenge long‑held assumptions. This piece breaks down the structural forces driving that shift and why it matters for the next decade of Housing.

A deeper rotation is underway beneath the price charts — driven by younger buyers, changing supply, and new ownership behaviors.

09/15/2026

When capital flows change, price discovery changes and housing may be one of the clearest examples.

A recent LendingTree analysis highlights an interesting feature of the US Housing market: some small towns now have home values that rival and in some cases exceed those of America's most expensive major metros.

Nantucket. Vineyard Haven. Jackson.

But the headline prices are only part of the story.

What caught my attention was the interaction between capital flows, wealth concentration, seasonal housing demand, limited supply and price discovery.

When more than half of a community's housing stock is used for seasonal, recreational or occasional purposes, local household income may tell only part of the story about the capital competing for those assets.

That raises a broader market question:

Who is providing the marginal capital, what is driving that capital, and how does that change the risk embedded in the price?

I explore that question and the broader parallels with capital markets, liquidity, risk and price discovery in my latest Institutional Markets View.

What small-town Housing markets reveal about capital flows, price discovery, wealth concentration and risk?

09/14/2026

Chase is offering "qualified purchase and refinance borrowers" mortgage-rate discounts of as much as 0.25 percentage points through Oct. 4. The promotion shows how a large bank can use pricing and customer relationships to compete while the broader market waits on the Fed.

Chase Home Lending will discount rates up to 0.25% from Sept. 14 to Oct. 4 for eligible purchase and refinance borrowers nationwide.