The study draws on home sale price data in the Detroit tri-county area from 2008–2013. Results indicate REOs owned by HUD and private entities are associated with substantial discounts.
Topic
home prices
New Jersey Policy Lab: A Primer on Housing Markets with a Bird’s Eye View on New Jersey
Expect telecommuting and surge of millennials forming families to push housing demands in NJ, especially in “good” school districts. Lahr notes a widening gap between housing starts and completions–due to supply chain challenges–and considers pandemic impacts on low-income households.