New Jersey
HOUSING MARKETS FACING GREATER RISK OF DECLINE CONCENTRATED IN CALIFORNIA, NEW JERSEY, ILLINOIS AND FLORIDA
New York City and Chicago Areas More Vulnerable to Drop-offs Along with Inland California; South Still Faces Relatively Small Exposure;
IRVINE, Calif., Dec. 5, 2024 /PRNewswire/ — ATTOM, a leading curator of land, property data, and real estate analytics, today released its latest Special Housing Market Impact Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, equity and other measures in the third quarter of 2024. The report shows that California, New Jersey and Illinois once again had high concentrations of the most-at-risk markets in the country, with parts of Florida also joining that mix. Less-vulnerable markets continued to be clustered in the South region of the nation.
The third-quarter patterns – derived from gaps in affordability, underwater mortgages, foreclosures and unemployment – revealed that two-thirds of the 50 counties around the U.S. considered most exposed to potential fallbacks were in California, Florida, Illinois and New Jersey. Florida was a new addition to that group in the third quarter after earlier periods when it had fewer markets making the list of areas at elevated risk of downturns.
County-level housing markets on the latest list included six in and around Chicago, IL, five in or near New York City and four in southern New Jersey. Another 13 were in California, mostly inland from the Pacific coast. The rest were scattered largely around the Northeast, South and Midwest.
At the other end of the risk spectrum, more than half the markets considered least likely to decline fell in Virginia, Wisconsin, Tennessee, Montana and New Hampshire. They included four in the Washington, DC, area.
The latest gaps come as the nation’s 13-year housing-market boom, along with the broader economy, continue to affect different parts of the country in different ways.
An almost unrelenting increase in home prices has surpassed most wage gains around the country to varying degrees. That has led to home ownership costs consuming more than triple the portion of average wages in some parts of the country compared to others. Similar disparities can be found in several other measures: unemployment rates, the level of homeowners facing foreclosure and the portion owing more on their mortgages than their homes are worth.
“The recent market risk patterns changed a bit in the third quarter, with some new areas making the list of places more or less exposed to downfalls. But the big picture remained pretty much the same around the country as differences in important metrics helped produce varying pockets of vulnerability,” said Rob Barber, CEO at ATTOM. “As with past reports, this one is not meant to suggest any given area is about to fall or is immune from problems. Rather, it spotlights locations that look to be more or less able to withstand significant changes in market conditions. We will continue to keep a close watch on markets throughout the country to see how things track.”
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In New Jersey, Mercer County officials have enacted new policies limiting the ability of federal immigration agents to access and use county property to conduct immigration enforcement operations.
Mercer County Executive Dan Benson issued an executive order and the Board of County Commissioners passed a resolution Friday that bans U.S. Immigration and Customs Enforcement and Customs and Border Patrol from using any nonpublic area on county property to enforce immigration law, unless they have obtained a judicial warrant or judicial order.
“From Minneapolis to Delaney Hall, ICE has repeatedly shown a total disregard for the law and for the constitutional rights of citizens and non-citizens alike,” Benson said in a statement. “We respect the Federal Government’s authority to enforce immigration law, but we will not allow them to use County properties to harass our families.”
“With this resolution, we’re sending a clear message that everyone in our community can safely interact with County government, and access County services, without fear,” said Board of Commissioners Chair Terrance Stokes in a statement. “ICE’s actions threaten the fabric of our community, and we will take whatever steps we can, within the bounds of the law, to protect our residents.”
New Jersey and New York City commuters are facing extensive delays in and out of New York Penn Station Friday, with intensifying ripple effects, after an Amtrak work train car on one of the hub’s tracks caught fire.
The FDNY says it was called to the Midtown scene on 31st Street, between Seventh and Eighth avenues, around 1:30 a.m. Nearly 100 personnel responded. Five civilians were evaluated at the scene by EMS, officials say.
It’s not clear what sparked the fire involving Amtrak’s contractor maintenance vehicles in one of the Hudson River Tunnels. It was knocked down well before 6 a.m., but service on New Jersey Transit, Amtrak, Long Island Rail Road and more was expected to see heavy impacts well into the morning rush, with Hudson River trains operating at reduced capacity. Amtrak said it didn’t expect to lift its suspension until at least noon.
Travel Advisory: Due to unforeseen track and signal maintenance resulting from a now extinguished fire in the New York area, all services traveling south of New York (NYP) are temporarily suspended. This suspension is anticipated to be in place until noon at a minimum. Services…
— Amtrak Northeast (@AmtrakNECAlerts) May 29, 2026
New Jersey Transit and LIRR also announced delays and cancellations. Cross-honoring and diversion programs were in effect as the situation developed. Complete LIRR service at NY Penn had resumed by around 7 a.m., Friday said, though equipment issues were causing cancellations. Get the latest transit information here.
Video from outside Penn Station showed smoke billowing in the pre-dawn hours, as emergency personnel stood by with stretchers awaiting any potential victims.
Amtrak is investigating the cause of the fire.
“We sincerely apologize for the inconvenience this may cause,” the agency’s latest announcement said, pledging to provide updates as new information becomes available.
How are detainees at Delaney Hall being treated?
A statement issued by DHS said detainees receive comprehensive medical care and all are treated well.
“They are provided with 3 meals a day, clean water, clothing, bedding, showers, soap, and toiletries. Illegal aliens also have access to phones to communicate with their family members and lawyers. Certified dieticians evaluate meals,” the department wrote.
The release accused Sherrill, Booker and U.S. Sen Andy Kim, as well as U.S. Reps. Rob Menendez, Nellie Pou, LaMonica McIver, Frank Pallone and Analilia Majia, of continuing “to peddle falsehoods about ICE facilities,” and “spreading smears about ICE law enforcement and the Delaney Hall ICE facility in New Jersey.”
Sinha said the assertion that individuals being arrested and taken to Delaney Hall are dangerous criminals is false.
“This is an administration that has repeatedly lied to us about what’s going on in immigration enforcement and immigration detention facilities,” Sinha said.
He added while Sherrill does not have the legal authority to enter Delaney Hall unannounced, that fact that she was denied entry is concerning.
“The federal government has denied her repeatedly, and it makes you question, ‘What is the federal government trying to hide?’” he asked. “They have no allegiance to any rule of law or semblance of democracy; they’re trying to rewrite the Constitution for people who are noncitizens.”
On Thursday, Sherrill issued a statement saying the New Jersey Department of Health attempted to conduct a inspection of Delaney Hall, but officials were only allowed to inspect only a limited part of the facility.
“We will review and share the department’s findings from the limited portion it was allowed to inspect, and we will continue to pursue all appropriate avenues for demanding transparency and ensuring humane conditions for the individuals being held at the facility,” she said in the statement. “As I’ve said repeatedly, refusing to provide full access raises serious questions about what ICE is trying to hide from public view.”
Sinha said a hunger strike among those inside the facility is continuing because they are being given spoiled food and inadequate medical care in deplorable conditions.
“People shouldn’t have to starve themselves to make their dignity known; people shouldn’t have to starve themselves to have their rights protected, but that’s what’s happening here,” he said.
Reports of escalating violence
Late Thursday afternoon there were reports of violence escalating within Delaney Hall.
Nedia Morsy, the director of Make the Road New Jersey, an immigration advocacy group, issued a statement saying multiple sources within the facility reported ICE agents attacking detainees and causing serious injuries.
“Right now there are ICE agents inside of Delaney Hall violently beating the hunger strikers,” Morsy said in the statement. “Someone will be killed if no one intervenes and shuts this down. These masked agents are acting as if they’re above the law. This is a modern-day concentration camp, and history will not forgive silence in this moment. We need to shut down Delaney Hall and free everyone inside.”
Resistencia en Accion, another immigrant rights group, also released a statement, calling for violence against detainees to end.
“We express our utmost disgust with the violence perpetrated by Immigration and Customs Enforcement (ICE) agents today, May 28. Reports at approximately 1:40 p.m. reveal that ICE agents attacked the hunger strikers inside with batons and tear gas. Family members outside received calls from inside, confirming that there were people screaming, and according to their loved ones inside, unconscious detainees and blood on surfaces. ICE is the sole responsible actor for the escalation that has led to several wounded people inside and outside this week,” the statement reads.
WHYY News reached out to DHS late Thursday seeking comment about the reports of violence at Delaney Hall. A written statement was emailed to WHYY that said ICE agents had responded to a physical altercation involving detainees.
“In accordance with established ICE policies and their training, staff used the minimum amount of force to safely deescalate the situation,” DHS wrote. “Following the incident, all affected detainees were promptly evaluated by on-site medical personnel and were cleared with no serious injuries.”
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