AC – Foreclosure Capital of the US

From Philly.com:

New Jersey and Atlantic City area top U.S. foreclosures: report

New Jersey and two of its distressed cities had the highest rates of U.S. foreclosure activity in the first half of 2016, according to RealtyTrac data released on Thursday.

New Jersey’s foreclosure rate was 0.98 percent of housing units, or one in every 102 homes, the data showed. That was more than any other state and more than double the national rate of 0.40 percent, or one in 249 homes.

Atlantic County, home to New Jersey’s cash-strapped gambling hub Atlantic City, again had the highest foreclosure rate of any major U.S. metropolitan area at 1.8 percent.

Four of Atlantic City’s casinos closed in 2014 and remain shuttered, mostly because of gambling competition in neighboring states, though one, the Showboat, reopened this month as a hotel only.

Atlantic City has topped the national list of metro area foreclosures for at least a year.

Trenton, the state capital, was second with 1.31 percent during the first half of 2016.

Still, New Jersey was mostly in line with the national downward trend, which saw a 20 percent drop in foreclosure filings compared with the prior six months and an 11 percent decline over the first half of 2015 overall.

There were outliers, with 19 states posting year-over-year increases in the first half, including Massachusetts, Connecticut and Virginia.

Five big cities, all in the East, also had higher rates: Boston, Philadelphia, New York, Washington and Baltimore.

“Although there are some local outliers, the downward foreclosure trend continued in the first half of 2016 in most markets nationwide,” Daren Blomquist, RealtyTrac senior vice president, said in a statement.

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59 Responses to AC – Foreclosure Capital of the US

  1. Comrade Nom Deplume, the Deplumiest. says:

    Segundo

  2. grim says:

    Can someone check Hillary’s email and see if the US was behind this Turkey thing?

  3. Juice Box says:

    Gulen lives in the Poconos, how many FBI are there now protecting him?

  4. I guess JJ isn’t dead. He very recently spiffed up his LinkedIn page and changed his profile picture.

  5. Jamesky Bondisky says:

    Here is my take on this flying Turkey with gravy mess.

    Post WW1 – Ataturk made it secular with loyalty to the state, not tribes or religious affiliation, etc. The military were the enforcers of the deal.

    Erdogan uses this Gullen guy to get elected. They work together at first, but break apart later – they both feel Islam should be the guiding force – not the State and both feel that Ataturk was too pro western.

    Think of Gullen as wanting to do an Ayatollah Khomeini (Iranian thoecratic revolution)version of events in Turkey – theocratic/autocratic but democratic at the top/elite/leadership level. Think of Erdogan as Turkey’s version of Venenzuela’s Chavez – building “his” “new Ottoman Empire” “his way” and no room for anyone else.

    What this means for the US & Europe is some tough decisions need to be made. Erdogan is an anathema to Western values and more.

    What to expect next. Either someway is found to attenuate him/ force him to retire (Chavez’s cancer) or expect a BIG push to kick Turkey out of NATO/ EU. If not removed, Erdogan needs to be contained.

    The little coup d’etat yesterday, was either Gullen trying to assert himself or a false flag by Erdogan himself to give himself life/breathing room like one of the coup d’etat against Chavez.

    So get popcorn , take a seat and enjoy the show.

  6. 3b says:

    I didn’t see him rebuilding the ottoman empire. He is fighting the Kurds. Syria Iraq? I don’t think he wants those back! Turkey is just another backward Muslim country like all Muslim countries.

  7. Fabius Maximus says:

    Too funny not to share.
    http://uploads.disquscdn.com/images/0246c5f6940a356fdef4b9ce1e488a91517e08e4c8df50f72c3fd29d329e66d5.gif?w=600&h=309

    Trump really messed up the VP declaration. There was a lot of momentum to be had and he blew it.
    http://www.vox.com/2016/7/15/12199676/trump-vp-pence-rollout

  8. Anon E. Moose, Second Coming of JJ says:

    Plumpy [5];

    The “Barbell Effect” (hollowing out of the middle class with growth at the top and the bottom) illustrated by the data cited in that article has been discussed at length in these pages since their inception. It’s exactly why Grim says you can’t find a “median” house in NJ — sure it exists as a statistical point, but desirable housing costs much more and undesirable housing much less.

    In any case, like always you see the data but draw the wrong conclusion. The difference I see between 1970 and 2012 in that graph is a move from a normal distribution with a bulging middle to a flatter distribution. Short of a fascist, communist crushing of everyone’s standard of living to bare subsistence, isn’t a flatter income distribution exactly the kind of reduction in income inequality that you are always bleating about?

  9. 3b says:

    #9 not that I care but you have remained silent on Hillary and the FBI. And Sanders selling out. And now you are back to criticise trump and his VP pick. Just saying.

  10. grim says:

    Liberal technologists can’t get past the cognitive dissonance so they just block it.

  11. Fabius Maximus says:

    #11 3b

    I have been quiet since this place turned into “Captain Grim and his Toxic Trump Land”

    For the record I said months back (and surprisingly myself and Eddie Ray were in agreement), the FBI investigation would be quick and done before the conventions and the findings would be no case to answer. Shock Horror, that’s what we got.

    As for Hillary, not my ideal candidate, but I also said that I would take her over any of the GOP field (although Kasich would have been a tough choice).

    Here is an interesting piece in defense of Hillary. Puts some of the attacks on Her in perspective.

    http://www.dailykos.com/story/2016/6/11/1537582/-The-most-thorough-profound-and-moving-defense-of-Hillary-Clinton-I-have-ever-seen

    Gary, give me a big Bengazi, for old times sake.

    My focus at this point is my upcoming bag holder closing. I think I’m in the running for a NJReReport record. Grim, you know the address and the history, work out your number and I’ll post the actual when we close.

  12. Fabius Maximus says:

    13 Redux,

    I said with Sanders, that he was the Ron Paul of the Left. Great campaign, engage the young, but no matter how much Love, Unelectable!

  13. [9] I’ll go with Occam’s razor and assume that the Trump campaign is a mish-mosh of not too many pros, lots of amateurs, under-funded and under-staffed. If I wanted to go way out on a limb, I’d say it is highly professional, highly calculated team casting intended nuance down to each of the flaws and faux-pas and all of it is done to align Trump and endear Trump to the common fcuk-ups who are registered voters. Fore example, I don’t think they actually had primaries back in the Eisenhower era, so to say today that he got more votes than Eisenhower today…I won’t go there, because…well, Occam’s razor.

    Now…what I think the Trump campaign is smart enough to know is that necessity is the mother of invention. Clinton’s war chest of money earmarked for attack ads is all but worthless for the intended effect because, I think, it just doesn’t play well with no counter attack. I think the Trump campaign figured this out and won’t run any ads until very, very, late in the game. It’s kind of like if the Yankees were playing the Cubs in the World Series and the Yankees ran tons of highly produced national attack ads stating how worthless, incompetent, the Cubs are and how unworthy, and unconscionable it would be to have the Cubs win World Series. Clinton can only stop the attacks or pivot to change the ads to highlight her accomplishments, and that is a very shallow pool of dubious water quality to draw from.

  14. Since I live in Boston, I never see any Trump attack ads. Clinton doesn’t need to spend any money here. Clinton even has branded the attack ads “The Briefing.” I *think* this is the best place to find them (some in Spanish!!):

    https://www.youtube.com/channel/UCRyE0W-DFgBlfd111fts6tQ/videos

  15. LOL. They should probably delete this one from last August, where Hillary’s press secretary “fact checks” the tweets on her use of a private email server:

    https://www.youtube.com/watch?v=Qot5RRGlOI0

  16. Einstein of the retards?

    I said with Sanders, that he was the Ron Paul of the Left. Great campaign, engage the young, but no matter how much Love, Unelectable!

  17. Fabius Maximus says:

    #15 Expat,

    That post is naive in the extreme. First, you have to understand Occam’s Razor and its limitations. When it hits the empirical, it falls apart. There is a Big downside to it as well. Lets look at the Trump campaign and where it really falls down. Do you remember the complaints from Trump that the delegate process was rigged? Here is what he missed.
    Cruz had a ground game that identified low fruit delegates, so when Trump won the state, Cruz picked up a large chunk. Now Cruz was unelectable, but that strategy got him competitive. Remember the NY primary when Cruz and Kasich came to town and worked specific districts, that’s a ground game!
    http://fivethirtyeight.com/features/new-york-citys-jewish-vote-might-win-cruz-or-kasich-key-delegates/

    Now we are in the general and Trump is facing a different ground game. Hillary is ready for Ground and Pound and Trump is going to get crushed. Today’s numbers are Dems raised 82Mil vs GOP 32mil and little of that going to Trump.

    I honestly think the GOP have given up the top ticket and are fighting for dignity at this point. Money raised at this point will flow to the down ticket to limit the damage.

    Trump can run the news cycles with his personality. Its a cheap and effective strategy, but he’s not winning.

  18. Joyce says:

    1) Your best friend who posts almost as much as anybody, Comrade, hates Trump… as do others.
    2) The investigation was quick? What was your expectation… a decade?
    3) Predicting a powerful and politically connected person wouldn’t be prosecuted is hardly noteworthy. Do you predict the sun will rise in the east or west tomorrow?
    4) Lastly, someone not being indicted or prosecuted (especially when political) is hardly a barometer of their guilt or innocence.

    Fabius Maximus says:
    July 16, 2016 at 10:21 pm
    #11 3b

    I have been quiet since this place turned into “Captain Grim and his Toxic Trump Land”

    For the record I said months back (and surprisingly myself and Eddie Ray were in agreement), the FBI investigation would be quick and done before the conventions and the findings would be no case to answer. Shock Horror, that’s what we got.

  19. libturd still chopping says:

    I would tend to agree with your analysis Flabby, but I am truly scared that HER is going to play right into Trump’s strategy as everyone already knows Trump is pretty much an egoist failure who exploited bankruptcy, is a chauvinist and is truly a representative of the 1%. This speaks volumes of how terrible a candidate she is, though even I would pull for her over that moron simply because he is truly dangerous. She will continue to bow to her corporate puppeteers, which annoys the crap outta me. But he might start a world war over xenophobic issues. Oy!

  20. Fabius Maximus says:

    #18 ExPat

    What a response! Takes the debate to a new level.

  21. Fabius Maximus says:

    #20 Joyce

    Whatever

  22. Fabius Maximus says:

    Stu,

    Again the most important part of an election comes down to who your opponent is.
    Hillary is beatable by the right candidate. Clinton Romney 2016 would be an awesome match-up. 2012, Hillary beats Mitt in a landslide.

    But we are in 2016 and Hillary for all her flaws is streets ahead of Trump and it will take an awesome campaign or a enormous F&*^Up for that to change.

    Everyone has to vote in this election. You have to walk into the booth and vote, even if you hate both candidates. Even if you Hate Hillary, you have to come to terms with your self in pulling the leaver for Trump or Johnson/Stein. And on the other side. If you hate Trump, you have to reconcile your vote for Hilary or again, Johnson/Stein.

    You cant sit out on this one. Everyone has to take a stand somewhere!

  23. libturd still chopping says:

    Will Hill get enough of the center to pull the lever. I think she can lose if Trump keeps exciting the asshats and the left think making a dick out of a logo is a campaign strategy. Trump is playing the I’m not a politician card and HER is trying to point that out. She really is clueless!

  24. Juice Box says:

    Coldplay was an awesome show tonight, and not a drop of rain. I payed it forward and gave my two extra tickets to two high school kids who drove down from upstate NY without a pot to piss in, it is amazing what Craig Newmark’s Craigslist and the internet can do. I sold old cabinets last week on the site and this week an old Courian sink, and gave away some tickets. It cost me $0.

  25. Juice Box says:

    Ground game? Seriously? Hillary waltzed in the Senate in 2000 against an impotent Rick Lazio, and was schlonged by the pearly whites of Obama in 2008. You think she can buy everyone with so-so promises in a ground game that nobody plays anymore. Pokemon anyone? The Republican freeze dried chosen candidates spent a ton on ground game and the lost. It is a internet media centric world we now live in. Less followers on twitter, then you are done. That is the new poll, how many people follow you on twitter, Instagram et., Go pound sand in church rectories and you won’t win for sure, since God won’t tweet you to tell you who to vote for.

  26. Juice Box says:

    Bernie bots are going the F this up for Hillary.The dissonance theory says they will eliminate the conflict and in the real world they will simply not show up to vote, they were never partly loyalists to begin with and deciding that it does not matter is the best choice. It will take more than Hillary’s got, like better jobs not just minimum wage increases.

  27. grim says:

    I’m long popcorn and recliners, I don’t give a crap who wins. Either way we’re f*cked.

    I would appreciate if you would stop guessing at my political ideologies and the candidates I’d support.

    In what universe did you think that Donald Trump running for president wouldn’t be a major topic of discussion, here or anywhere else? As was Bernie. What exactly did Hillary offer that was worthy of discussion until the details of her criminal email scandal was revealed?

  28. Fabius Maximus says:

    #25 Lib,

    Look at it another way. These races usually go 35% GOP, 35%Dem and the fight is for the 30% in the middle. Trumps issue is that the GOP is split. The list of the party leaders and donors not showing up is stunning. Trump is playing catch up with the base. Maybe they rally round him. Maybe twitter will work for him. I just don’t see it.

    Hillary does not have that issue. The party is behind her and Bernie is in Lockstep. Maybe the vote does not get out for her. It could happen, but thats what the ground game is for. Getting out those voters that will pull the lever for you if you can get them into the polls.

  29. Fabius Maximus says:

    #27 Juice,

    I remember the race. I think Lazio was ahead in the polls on election day. I was watching one of the network shows. They had Guliani, on live as the result was called. The look on his face was priceless as they announced Hillary won by I think 12 points.

  30. Fabius Maximus says:

    #29 Grim,

    I have no idea who you will pull the lever for or if you will pull a lever. But I’m sure I can rule out “Liberal technologist” as part of your political ideology. The point I can make, and have made, is what you have let this place become. There is no real discussion here, its a toxic and hostile place. If you want a discussion on the email server I can give you that, but honestly I don’t think its worth it. You think is “criminal”, I think it was stupid, but not illegal. It was the right trying to make another Bengaszi issue.

    I posted the Trump logo as its funny, it also shows how bad the Trump campaign is running things. If the left can come up with that, in a few hours it shows the PR teams messed up. I can say that the numbers point to Hillary running the board. And I get jumped. We haven’t heard from the Trifecta of Hate, but I’m sure their insults will fly at me later.

    Talking of numbers, if this gets to 50/50 then there will be a race.
    http://projects.fivethirtyeight.com/2016-election-forecast/

    Yes, it’s your ballpark and you can run it however you want. But remember you own both the good and the bad.

  31. Comrade Nom Deplume, the Deplumiest. says:

    Rory,

    I’d be pleased if you included me in your Trifecta. Or did you mean to say Triumvirate? I do surely hate you and being insulted by you is like being called a “Masshole” by a Noo Yawker.

    I find it amusing that you complain about the toxicity of the “debate” here. I seem to recall you slinging the insults quite liberally.

    As for Benghazi, emails, etc., I agree that there isn’t much, if any, crime there unless you include lying to Congress. And since this admin won’t prosecute it, we have only a political issue. On that front, I don’t see how anyone can reasonably argue that Clinton and the Obama admin didn’t lie to the American people. But that isn’t a crime and to your side, the end justifies the means.

  32. Juice Box says:

    re: ground game.

    “Campaign organisers for Clinton have started campaigning at PokéStops and gyms to register Pokémon Go players to vote.”

    So they are paying people to level up and battle mostly male nerds 18 to 40 years old at who may not vote? Seems like allot of wasted time in their ground game.

    Pokemon Go – Vaporeon stampede Central Park, NYC

    https://www.youtube.com/watch?v=MLdWbwQJWI0

  33. Comrade Nom Deplume, the Deplumiest. says:

    Cops shot, killed in Baton Rouge, likely by BLM acolyte.

    Why can’t it be anon or Otto?

  34. Joyce says:

    Eloquent in its brevity. Really missed your insight lately. Quick tip: if you’re trying to go for the ‘posted without comment’ you actually have to not comment. Try it sometime.

    Fabius Maximus says:
    July 17, 2016 at 12:01 am
    #20 Joyce

    Whatever

  35. [35] The Clinton campaign has hired away the Nintendo app designers to develop a herding app internally named Lemming Go.

    Pokemon Go – Vaporeon stampede Central Park, NYC

    https://www.youtube.com/watch?v=MLdWbwQJWI0

  36. Throw your Lemmingballs at HumaLem to see if you can her to stop eating out HillaLem. Capture WienerLem and see if you can make him mate with HumaLem.

  37. libturd still chopping says:

    What a complete poopfest of an election. The only bright light is that the near future may include the end of the two party system and the sheep who sheepishly shill for them.

  38. [40] Lib – You say that now, but I think you’ll be surprised how classy things turn out.

    What a complete poopfest of an election. The only bright light is that the near future may include the end of the two party system and the sheep who sheepishly shill for them.

  39. The Whitehouse will be holding a press conference this afternoon to announce an executive order mandating that all states provide early absentee ballots to any residents who have reason to believe they may be involved in the murder of cops between now and election day.

  40. The Clinton News Network (CNN) has reported that one martyr is dead, two others may have their civil rights violated soon.

  41. Grim says:

    I hear Obama is thrilled that the community is getting justice.

  42. libturd still chopping says:

    All of these cops should have just just robbed a convenience store and knocked down the Asian owner who would have tried to stop them. Then their deaths would not have been justified. Perhaps they should have lit up a joint and donned a hoody. Then those guilty white people might show some sympathy. Can’t wait for the native Americans to begin their attack too. #NALM

  43. 3b says:

    13 perhaps you did. I don’t remember. My point is you criticise trump but not Clinton. You say Clinton is not ideal candidate is that your idea of criticism? Clinton is just as repugnant as trump and in fact in some respects more repugnant. You have been gone for a while you come back and your first post is critical of trump. That’s the only point I was trying to make. I of course don’t post much anymore either but for different reasons than the one you note. And on another note I believe I predicted the UK would vote to leave the e u. You were skeptical.

  44. Comrade Nom Deplume, the Deplumiest. says:

    [46] 3b

    To be fair, most of us were skeptical

  45. Grim says:

    45 – what we need is a conversation

  46. Grim says:

    Boy this coup seems awfully convenient.

    How many judges were arrested? 3000?

    Ok, makes sense now.

  47. libturd still chopping says:

    I have more friends that are cops than probably all of us here combined. The truth is that much like the black lives matter movement, one should not judge the entire profession by the actions of a few bad cops. Much the same with the teachers, Muslims or really any identifiable group. Are there systemic issues that need improvement? Absolutely. Same with our immigration policy and really, anything our government touches.

  48. 3b says:

    47 true but he brushed me off as not really being familiar with the issue or the country when in fact I have been there multiple times and have family there and had witnessed the anger and resentment growing over the last 10years or so. The mistaken belief that it was only racist soccer hooligans who supported it was simply that a mistake. The left in western Europe feel that they are more than entitled and qualified to comment on what happens there and in the USA. We on the other hand could not possibly understand or comment on what is happening there.

  49. Juice Box says:

    re # 49 – not nearly that many, 2700 were dismissed from their jobs. A dictator does not need a 3rd branch of government over ruling him, which has been an issue of late apparently. Lets see what happens when their Parliament reconvenes.

  50. How many virgins are they promising to cop killers these days?

  51. Hillary's Cankles are ground zero for Zika virus says:

    It depends. Are they white women?

  52. Juice Box says:

    And History Rhymes.

    3rd party candidate getting traction.

    Washington (CNN)Activist and professor Cornel West endorsed Green Party presidential candidate Jill Stein on Thursday, calling her the “only progressive woman in the race” in a jab at Hillary Clinton.

  53. libturd still chopping says:

    This is an actual headline from the Washington Post:

    “Donald Trump’s answer on Mike Pence’s Iraq vote is really something”

    I wonder when they start printing alien abduction photos?

  54. Grim says:

    Wait, all this time I thought the virgins were male?!?!

  55. With intact behymens.

    http://www.urbandictionary.com/define.php?defid=95959&term=behymen

    Wait, all this time I thought the virgins were male?!?!

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