Market strong, but what about prices?

From the Otteau Group:

MarketNEWS October 31, 2016 Edition

NJ Purchase Contracts in September Strongest in over 11 Years

In September, the number of contract purchases by homebuyers exceeded the same month in the prior year for the 25th consecutive month, reflecting a 12% increase over September 2015. Considering the 15% increase (y-o-y) in September of 2015, home sales have increased by 28% over the past 2 years. This latest gain was the highest number of purchase contracts recorded in the month of September of the past 11 years.

On a year-to-date basis (January-September) home purchase demand in New Jersey increased by 14%. This increase has however been largely concentrated in lower priced homes as first-time ‘Millennial’ buyers begin to transition from rentership to homeownership. By comparison, the number of luxury home sales priced at $2,500,000 and above declined by 4% this year. Reasons for this trend include a greater number of younger-age first home buyers, trade-down purchases by older-age empty-nesters, and relaxed mortgage lending standards which have reduced minimum down-payment amounts.

Shifting to the supply side of the equation, the supply of homes being offered for sale remains constricted, which is limiting choices for home buyers. The number of homes being offered for sale today in New Jersey has declined by nearly 6,000 (-11%) compared to one year ago. This is also about 25,000 (-34%) fewer homes on the market compared to the cyclical high in 2011. Today’s unsold inventory equates to 5.4 months of sales (non-seasonally adjusted), which is lower than one year ago when it was 6.7 months.

Currently, the majority (81%) of New Jersey’s 21 counties have less than 8.0 months of supply, which is a balance point for home prices. Hudson County is presently experiencing the strongest market conditions in the state with just 3.2 months of supply, followed by Union, Essex, Morris, Middlesex and Somerset Counties, which all have fewer than 4.5 months of supply. None of the counties have an unsold inventory level equivalent to a supply of 12 months or greater, however those with the largest amount of unsold inventory are concentrated in the southern portion of the state including Cape May (9.2), Salem (10.1), Cumberland (10.3) and Atlantic (10.5).

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125 Responses to Market strong, but what about prices?

  1. Mike says:

    Good Morning New Jersey

  2. grim says:

    From the Record:

    Uber raises prices because of higher N.J. gas tax

    Ride-sharing company Uber will increase its fares by 2 cents a mile to ease the burden of New Jersey’s gas tax hike on its drivers, the company said Monday.

    It means a customer taking uberX – a car along the lines of a Toyota Prius or Honda Accord – from Asbury Park to Belmar would pay $12.45 compared with $12.37, or 8 cents more.

    “We’re making this change to support our driver-partners in the face of New Jersey’s historic gasoline tax hike,” said Ana Mahony, general manager of Uber New Jersey. “This per-mile price increase will help drivers’ bottom lines, without impacting affordability for riders.”

    San Francisco-based Uber said it will increase prices instead of asking its drivers to pay more. The company has 13,000 drivers in New Jersey. It considers them independent contractors, which means the drivers pay for their own gasoline.

  3. Grab them by the puzzy (the good one) says:

    @chrislhayes
    It’s amazing how much of a rhetorical departure he represents
    from rhetoric of small gov conservatism:
    “we’re going to give you something…”

    @ChadLivengood
    Trump doesn’t detail what he will replace #Obamacare with.
    “We’re going to give you something so cool,” he says.

  4. D-FENS says:

    What’s everyone’s take on question 2 on the ballot? Voting yes or no?

    Personally I’m irritated that a huge chunk of the TTF will go to debt service and light rail projects in Hudson and Bergen counties and considering voting no.

  5. Grab them by the puzzy (the good one) says:

    @chrislhayes
    Trump’s true innovation
    was showing how few voters actually crave the small government/let the market decide rhetoric, including GOP base

    @zpleat
    @chrislhayes or how few GOP voters care about any kind of policy at all.

  6. McBox says:

    And that’s horsesh@it Trump wants to make the Healthcare pools National, break down the barriers between the states allowing more competition and less regulation? Will it work should be the question it’s never been tried before.

  7. McBox says:

    Went trick-or-treating last night with the neighbor who is an ambulance chaser and his practice is workplace discrimination and sexual harassment lawsuits. He really wants to vote for Hillary but then again really really wants to vote for Trump cuz he thinks his practice will grow with a president Trump

  8. grim says:

    What’s everyone’s take on question 2 on the ballot? Voting yes or no?

    Yes to both casinos and constitutionally dedicating additional gas tax revenue.

  9. Brazilian Butt Lift says:

    Dirty South Jersey continues to fall behind while Hudson County leads. Proximity to New York City is all this state has going for it now. State officials were fools to invest in Atlantic City while ignoring public transit into Manhattan.

    Notice how Dirty South Jersey (defined as the counties in Otteau piece) blames its economic failure on Sandy while Hoboken and Jersey City have recovered from the storm.

  10. grim says:

    Whoever gave him the idea of national healthcare pools, smart move.

  11. grim says:

    From the AP:

    New Jersey residents will only be able to choose between two companies this year in the federal health insurance marketplace created by the Affordable Care Act.

    Open enrollment for 2017 begins on Tuesday and lasts through January. New Jersey residents can choose between plans from Horizon Blue Cross Blue Shield of New Jersey or AmeriHealth New Jersey.

    A review by The Associated Press found that Americans in the health insurance markets will have less choice next year than any time since the program started.

    Insurance plans from Oscar, UnitedHealthcare and Health Republic of New Jersey will no longer be offered for 2017.

  12. McBox says:

    I have to choose new healthcare plan it’s four different plans with higher and higher deductibles it’s one big s*** sandwich. I would switch to my wife’s plan but the company will not give me an incentive.

  13. grim says:

    Will be interesting to see how BCBS’s plan impacts the lower tier hospitals now that they are going to be the primary ACA provider in NJ. Suspect we’ll see a number go bankrupt.

  14. Mike says:

    If the vote is yes will the money be strictly for the TTF ?
    If the vote is no can that money be used for funding pensions?

  15. Anecdotal Halloween RE observation:

    From 2004-2010 or so we used to take our kids to this very nice SFH family neighborhood in Brookline for Trick-or-Treating that was just teeming with neighborhood kids. For the last 5 years we used to take our kids to a nice SFH neighborhood where we have friends here in the Western fringes of Boston, same scene. This year our kids went in different directions by themselves, but our younger daughter wanted us to take her and two friends to the Brookline neighborhood we used to frequent. Almost no kids there anymore. My theory is that those houses are now worth $1.7 – $2.7 million, the kids are in college, and the empty nesters are still the owners. I saw this in Rockaway Township in the early 1980’s. $25K mid-1960’s houses inflated to $150K in less than 20 years and the kids vanished for 10-15 years. My regional HS, pulling from 3 towns, dropped to about 1/3 it’s previous student population before rebounding in the late 90’s, and that was mostly due to condo construction. Similarly, the neighborhood in Brookline directly adjacent(same elementary school) to the kid ghost town neighborhood, which is mostly well-kept 3 deckers (3 family with 3 identical 1000 square foot floor plans), some converted to condos, was an absolute street party with streets closed to traffic, little kids running everywhere, some houses handing out beers and hot ciders to parents. These one-time apartments, now mostly converted to condos only have a $1 million price tag. Even the high end is accepting a lower cost of living, I guess?

  16. ^^^^lower standard of living

  17. Fabius Maximus says:

    Found a nice little piece on GWHB from 92. Fright and Terror people!

    “Bush was on a campaign train in Wisconsin the next day. His daily tracking poll was a shock. Clinton was still at 39 percent, but Bush had dropped 7 percentage points to 32 percent with those 7 points going straight to Perot, putting the Texas billionaire at 19. It happened to be Halloween. When Bush stopped in Chippewa Falls, a single-engine plane circled overhead with a fluttering banner streaking behind: “Iran-Contra Haunts You.”

    The president nearly flew off his hinges. “Today is Halloween, our opponents’ favorite holiday,” Bush declared to the crowd. “They’re trying to scare America.” If Clinton was elected, Bush said, “every day is going to be Halloween. Fright and terror!”

    In Oshkosh, the president shouted, “Fright and terror! Witches and devils everywhere!”

    A radio reporter asked Bush what he thought about the large and enthusiastic crowds. “Great!” Bush said, “I’ve only been mooned once!”

    The next day, Sunday, November 1, Bush told CNN, “I think most people concede that the media has been very unfair.” The president returned to the news coverage later. “I think the press has been the worst it’s ever been, ever!””

  18. grim says:

    Other factor is the “trunk or treat” trend that seems to be common in the haughtier suburbs.

    Our friends in Clifton said it was absolutely insane. Up here in Wayne it was pretty quiet.

    Everybody handing out full size candybars here in moneyville.

  19. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    What the heck is trunk or treat? I can only guess it’s another symptom of the great pussification.

  20. joyce says:

    I know what you mean by incentive, but is joining your wife’s plan (and not paying for two plans) still better?

    McBox says:
    November 1, 2016 at 8:39 am
    I have to choose new healthcare plan it’s four different plans with higher and higher deductibles it’s one big s*** sandwich. I would switch to my wife’s plan but the company will not give me an incentive.

  21. Fast Eddie says:

    And that’s horsesh@it Trump wants to make the Healthcare pools National, break down the barriers between the states allowing more competition and less regulation? Will it work should be the question it’s never been tried before.

    Why wasn’t this tried before? I can choose endless 529 plans, so why can’t we shop for a competitive health plan nationally? I mean, I know why the dem0crats wanted it – votes from the layabouts, paid for by tax payers. I can’t wait until Obamacare dies!

  22. grim – No trunk-or-treat in Brookline. There were still some kids in the haughty section and the houses were giving out full-size treats, just no takers. Meanwhile the adjacent neighborhood (directly adjacent, no distance between the two), was a giant block party with predominantly very little kids. In Haughtyville there used to be a lot of traffic in and out of the houses, with parents leaving a bowl of treats out to take young kids out, teenagers meeting up with friends at each other’s houses, etc. No more. What was mostly missing, it seemed, were 8-14 year olds in both places. BTW, a $2 million house means a 1/4 acre lot in Brookline.

  23. Juice Box says:

    First year there was no Toilet Paper hanging from the trees. I gather mischief/goosey/cabbage night was canceled do to the heavy rain Sunday night.

    When I was a kid we had literally hundreds of kids roaming our town. We egged the cop cars, we trampled through yards and over fences. One year we rigged up a dummy with old clothes, stuffed it with newspaper and magazines and then proceeded to toss the dummy into moving traffic to scare the motorists.

    Got so bad one year most of the kids in town that were out on mischief night were gathered at the town park for a battle. The cops had to call in the fire department as backup. They actually turned on the firehose from their pumper truck and sprayed us down to disperse the crowd. It made the local paper that we caused $$ in damages. Some High School kids in an A-Team painted van were driving around, they opened the side door of the van and proceeded to spray unsuspecting kids with a mixture of eggs and water and shaving creme out of one of those old-fashioned fire extinguishers that you could manually pump up the pressure on.

    Good times…

  24. D-FENS says:

    My kids circled the block only once and had buckets of candy.

    Our house had trick or treat-ers relentlessly until 8PM…when we ran out of candy and turned the lights out.

  25. Fast Eddie says:

    unmod me

  26. Juice Box says:

    Joyce – I have been telling our VP of HR benefits for years that they can reduce costs by paying out a 10K bonus to employees for switching to their spouse’s plan and then gradually reducing the bonus each year. This is what the school systems are doing to encourage the teachers to go on the spouse’s plan.

    What we have now is a management consulting company that is going to manage our benefits through several different insurance providers with 4 differently levels of deductibles. We have people in every state. It is a mess and costly to manage. There is some saving to be had if the insurers can eliminate the state lines.

  27. Flee? says:

    Eddie,

    Why wasn’t this tried before? I can choose endless 529 plans, so why can’t we shop for a competitive health plan nationally? I mean, I know why the dem0crats wanted it – votes from the layabouts, paid for by tax payers. I can’t wait until Obamacare dies!

    On the contrary, it may benefit the progressive agenda towards universal health coverage if there are no obstacles from states (the ones that refused medicaid expansion).

    http://www.nytimes.com/2015/09/01/upshot/the-problem-with-gop-plans-to-sell-health-insurance-across-state-lines.html

    It’s such a perennial suggestion that when Len Nichols, a health policy professor at George Mason University and the author of a 2009 paper on the subject, was asked for comment, he said: “Are you kidding me? We’ve been through this about 30 decades ago.”

    In 2012, Ms. Corlette and co-authors completed a study of a number of states that passed laws to allow out-of-state insurance sales. Not a single out-of-state insurer had taken them up on the offer. As Ms. Corlette’s paper highlighted, there is no federal impediment to across-state-lines arrangements. The main difficulty is that most states want to regulate local products themselves. The Affordable Care Act actually has a few provisions to encourage more regional and national sales of insurance, but they have not proved popular.

    Beyond regulations and doctors, demographics help explain why insurance is cheaper in some places than others. Insurance tends to be less expensive in states like Utah and Colorado, where more people are young and healthy. If customers in New York wanted to start buying Utah plans, they might face two surprises: fewer local doctors and higher costs related to the health of the local population.

  28. Juice Box says:

    Nobody listens. The reason for the failure of Obamacare is not the Doctors.

    The No. 1 problem is specialty-drug costs. HIV and hep C drugs.

    http://www.marketwatch.com/story/how-gilead-broke-obamacare-2016-08-31

  29. chicagofinance says:

    Hospital patient seriously burnt after ‘farting’ during cervix surgery and causing laser to burst into flames

    BY RACHEL BISHOP

    Woman in her 30s was left screaming in agony after the fire burnt most of her body, waist and legs and hospital that uses robots to carry out surgery.

    A patient has been left badly burnt after she farted during surgery and caused a laser to burst into flames.

    The unnamed woman, in her 30s, was undergoing surgery at Tokyo Medical University Hospital which involved a laser being applied to her cervix.

    But as the operation was being carried out in the Shinjuku Ward she passed wind – sparking a fire, according to Japanese newspaper The Ashai Shimbun.

    She was left screaming in agony after the fire burnt most of her body, waist and legs, according to a report into the incident.

    The horrifying event happened on April 15 this year at the hospital in the Japanese capital.

    The committee released a report on Saturday that stated no flammable materials were in the operation room during the surgery and that equipment was functioning normally.

    It concluded: “When the patient’s intestinal gas leaked into the space of the operation (room), it ignited with the irradiation of the laser, and the burning spread, eventually reaching the surgical drape and causing the fire.”

    The Tokyo Medical University Hospital is an acute care facility that claims to be the only facility in Japan to carry out surgery using robots.

  30. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    “The No. 1 problem is specialty-drug costs. HIV and hep C drugs.”

    I’m listening. Having been in hospital hell for the past 7 months, at an excellent facility, I can see lots of billing and tests and services that I question the need for. But since I’m max out of pocket, what’s a couple extra MRIs or Catscans. A few times, I was told that there were alternative drugs that were much cheaper and theoretically as effective, but since we are insured, go for the gusto.

  31. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    Chi…that’s just crazy. Nearly the blue flame of death right there.

  32. Ottoman says:

    You claim you support capitalism but then b!tch when capitalists manipulate the system, even legally, to maximize profits. But only, of course, when it affects you.

    A national system, even without single payer or public option will decimate your corporate overlords ability to gouge you as profits race to the bottom. Republicans are the party of state’s rights and less federal overreach. They also have a vested and well documented interest in maximizing corporate profits. so you vote against this nationalization of health insurance pools every time you pull the lever for a republican.

    Oh and nice try pretending obamacare wasn’t 100% crafted by the right wing heritage group as a way to pull more people into the for profit health care system.

    Right wingers are truly as stupid as they appear.

    Fast Eddie says:
    November 1, 2016 at 9:52 am
    And that’s horsesh@it Trump wants to make the Healthcare pools National, break down the barriers between the states allowing more competition and less regulation? Will it work should be the question it’s never been tried before.

    Why wasn’t this tried before? I can choose endless 529 plans, so why can’t we shop for a competitive health plan nationally? I mean, I know why the dem0crats wanted it – votes from the layabouts, paid for by tax payers. I can’t wait until Obamacare dies!

  33. joyce says:

    I understand the savings to the company.
    Do you save anything now if you’re on your spouses plan?

    Juice Box says:
    November 1, 2016 at 10:12 am
    Joyce – I have been telling our VP of HR benefits for years that they can reduce costs by paying out a 10K bonus to employees for switching to their spouse’s plan and then gradually reducing the bonus each year. This is what the school systems are doing to encourage the teachers to go on the spouse’s plan.

    What we have now is a management consulting company that is going to manage our benefits through several different insurance providers with 4 differently levels of deductibles. We have people in every state. It is a mess and costly to manage. There is some saving to be had if the insurers can eliminate the state lines.

  34. chicagofinance says:

    ever use Nair? We had teenagers the next morning walking around with bald patches on their heads…..
    Juice Box says:
    November 1, 2016 at 10:06 am
    First year there was no Toilet Paper hanging from the trees. I gather mischief/goosey/cabbage night was canceled do to the heavy rain Sunday night.

    When I was a kid we had literally hundreds of kids roaming our town. We egged the cop cars, we trampled through yards and over fences. One year we rigged up a dummy with old clothes, stuffed it with newspaper and magazines and then proceeded to toss the dummy into moving traffic to scare the motorists.

    Got so bad one year most of the kids in town that were out on mischief night were gathered at the town park for a battle. The cops had to call in the fire department as backup. They actually turned on the firehose from their pumper truck and sprayed us down to disperse the crowd. It made the local paper that we caused $$ in damages. Some High School kids in an A-Team painted van were driving around, they opened the side door of the van and proceeded to spray unsuspecting kids with a mixture of eggs and water and shaving creme out of one of those old-fashioned fire extinguishers that you could manually pump up the pressure on.

    Good times…

  35. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    Otto.

    What do you think of the DNC these days?

    What do you think of Hillary getting the debate questions ahead of time?

    The whole Wasserman/Brazile thing reeks of complete unethical behavior. What do you think?

  36. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    Mischief night. There were three things we would do. We would either egg houses. Crack a few eggs in the mailbox which would ruin the mail the next day. Or protect our homes with a garden house from other eggers. Sure, some soap scrawlings on windshields occasional dog poo in flaming bags and toilet papering on occasion. But it was much more fun freezing our friends asses off with the hose and high pressure nozzle.

    In the Ridge, it seems like toilet papering is the in thing. I’ll take it. It’s harmless and pretty funny.

    Gator was telling me that in a Montclair Mommies groups on Facebook that she joined back when we lived in town, someone was complaining about kids egging cars at a corner near my rental yesterday (on Halloween). That same corner was where I caught a black kid trying to steal my car when I ran into Ruthie’s to pick up dinner one night. When I caught him, I told him he better haul ass since I called the cops (which I didn’t). As he was running, he was nice enough to apologize and say, “My bad.” Well getting back to the eggs story, some mother out trick or treating with her little kids confronted these teens and told them to stop. They proceeded to egg her kids. Best part of the story, the other moms claimed the kids must have been from out of town since so many kids from East Orange and Bloomfield come to Montclair for the better candy. I’m sure they also come to Montclair to egg cars and kids. Oy vey!

  37. Fast Eddie says:

    Ottoman,

    Are you hungry? Do you need an umbrella or a warm coat for the winter? Let me know, I’ll gladly give you something to help. You know, since things appear to be a little rough for you lately.

  38. D-FENS says:

    It’s hard to tell the difference between a corporate overlord and a government overlord these days. Both gouge us. Maybe we just need to get rid of overlords.

    Ottoman says:
    November 1, 2016 at 10:29 am
    You claim you support capitalism but then b!tch when capitalists manipulate the system, even legally, to maximize profits. But only, of course, when it affects you.

    A national system, even without single payer or public option will decimate your corporate overlords ability to gouge you as profits race to the bottom

  39. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    Waiting for Otto to respond on Hillary’s treatment of Wasserman and Brazile.

  40. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    I won’t hold my breath. Die-hard fundamentalists always ignore the facts when they don’t suit them.

  41. Fast Eddie says:

    Ottoman,

    What’s your take on the underage girls Bill Clinton ‘enjoyed’ on Jeffrey Epstein’s island retreat?

  42. Fast Eddie says:

    And why are Dems claiming that Trump is somehow tied to Russia when it was Hillary selling plutonium to the Russians?

  43. D-FENS says:

    I think Ottoman is politically further left than the Clintons. I don’t think he’s a fan. He just “politely disagrees” with anyone further to the right than him.

  44. lost says:

    I used to do the same. If this happened today, the older generations would be up in arms acting like it’s the end of America and the world. True story.

    Juice Box says:
    November 1, 2016 at 10:06 am
    First year there was no Toilet Paper hanging from the trees. I gather mischief/goosey/cabbage night was canceled do to the heavy rain Sunday night.

    When I was a kid we had literally hundreds of kids roaming our town. We egged the cop cars, we trampled through yards and over fences. One year we rigged up a dummy with old clothes, stuffed it with newspaper and magazines and then proceeded to toss the dummy into moving traffic to scare the motorists.

    Got so bad one year most of the kids in town that were out on mischief night were gathered at the town park for a battle. The cops had to call in the fire department as backup. They actually turned on the firehose from their pumper truck and sprayed us down to disperse the crowd. It made the local paper that we caused $$ in damages. Some High School kids in an A-Team painted van were driving around, they opened the side door of the van and proceeded to spray unsuspecting kids with a mixture of eggs and water and shaving creme out of one of those old-fashioned fire extinguishers that you could manually pump up the pressure on.

    Good times…

  45. Email to Cheryl Mills, released today by wikileaks:

    On Mon, Mar 2, 2015 at 10:57 PM, John Podesta wrote:
    On another matter….and not to sound like Lanny, but we are going to have to dump all those emails so better to do so sooner than later

  46. Juice Box says:

    Otto – Crony Capitalism

    Have you heard of it? Or are we as they say just a bunch of deplorables because we don’t wear Che T-Shirts on the weekend as we sip our $8 lattes?

  47. D-FENS says:

    So glad we’re finally going to “fix the roads” and not waste any more money.

    @NJSenatePres Oct 25
    Making the Hudson/Bergen Light Rail a reality under NJ’s TTF plan is going to ease commutes, grow the economy and benefit the entire region.

    @NJSenatePres Oct 25
    Glad to join @SenatorLorettaW @PaulASarlo @BobGordon38 & @Tri_State for press conference on mass transit & the Bergen-Hudson Light Rail

    https://twitter.com/NJSenatePres/status/790991694183432192

  48. Juice Box says:

    Was the same insurance provider Joyce, there is no $ savings to me. The only difference is the wellness discount if I let the Doc do a reach around every year and get the blood work done every year.

  49. joyce says:

    Ottoman can go fly a kite until he’s willing to admit that people will abuse govt power so therefore we DO NOT want to increase its scope.

  50. Fast Eddie says:

    Ottoman,

    What’s your take on the fact that Oblammy mislead the public when he said he didn’t know Hillary was using a private email server?

  51. Juice Box says:

    Chi: Re: ever use Nair?

    Yes when I used to wrestle and again later in life right before I would put on my Gorilla Wear to walk the boards down the shore.

  52. Fabius Maximus says:

    This 92 stuff is fascinating. Stu, heres what I think of the DNC. Mostly the same as the RNC, but held together better.

    “Scandals continued to plague the Bush administration during the fall election campaign. On Sunday, October 4, 1992, Newsweek disclosed that the FBI was investigating whether someone at the State Department had tampered with the passport files of Bill Clinton, the Democratic nominee. “For weeks news organizations have been chasing an unsubstantiated rumor that Clinton, as an anguished young Rhodes scholar, faced with the draft, considered applying for citizenship in some other country.” Three news organizations had filed Freedom of Information Act requests seeking the file. “When State officials pulled Clinton’s file late last week, they discovered that it had apparently been tampered with – that several pages seemed to have been ripped out.”

    Bush dictated in his diary the next day that he was following stories about Clinton’s anti-Vietnam protests. “According to the press,” Bush dictated bitterly, “the debate on the draft, the lying and all of that have no bearing on the character issue.”

    Three days later, he dictated, “We cannot get this smoking gun on Clinton and his demonstrations, demonstrating against his country. There are all these rumors of him carrying a coffin. There are rumors that there was something in his State Department files that now apparently has been tampered with. All kinds of rumors as to who his hosts were in Russia, something he can’t remember anything at all about. He hasn’t come forward with his draft records and the press doesn’t hone in on it. The press let up and they’re not focusing on it, but I just can’t help believe that the American people don’t care about this.””

  53. joyce says:

    Health insurance is expensive because healthcare is expense. Go to the source of the problem, not the symptoms.

  54. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    “Making the Hudson/Bergen Light Rail a reality under NJ’s TTF plan is going to ease commutes, grow the economy and benefit the entire region.”

    More crumbs to keep those Dem voters sated.

    Time to just blow the whole thing up and start over.

  55. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    “Stu, heres what I think of the DNC. Mostly the same as the RNC, but held together better.”

    You really think so? I agree that both sides are unethical. How well each side hides it makes little difference to me. So how much did you send in this year to HER?

  56. Comrade Nom Deplume, still fcuking around at work says:

    Ottoman still being a bitter cunt and Rory still deflecting and projecting,

    Nothing changes.

    In other news, tank up your car at lunch today. I know you did before the tax hike but do it again.

    Except you otto, Rory, yome. You don’t believe a thing I say so don’t start now.

  57. Juice Box says:

    Here is a tweet for ya…

    Steven Greenhouse (@greenhousenyt)
    1 hour ago – View on Twitter
    4,700 workers go on strike, shutting down Philadelphia’s transit system. Clinton camp fears it’ll hurt voter turnout…

  58. I’m not shocked that Trump has no connection to Russia, it smelled like Dem poop propaganda right from the start. I am shocked that the NY Times wrote an article about it though.

    http://www.nytimes.com/2016/11/01/us/politics/fbi-russia-election-donald-trump.html?_r=2

  59. D-FENS says:

    Rumors that @POTUS and @FLOTUS has quietly deleted every tweet ever made about Hillary Clinton….

  60. Fabius Maximus says:

    Stu,

    Zero. Closest we got to a political donation this year, was Mrs Fab bought a few of these. And yes she is voting Hillary.

    http://tinyurl.com/z9dg5xu

    I would be surprised if anyone in here made a donation to either side.

  61. Flee? says:

    Lib, Brazile’s public career is more or less up in flames. She won’t be DNC chair, and will end up retiring or taking a major demotion. All for one email that is not even a scoop (who would have guessed that there will be a question about lead levels at a debate in Flint, MI?).

    That said, we shouldn’t create false equivalency…

  62. Flee? says:

    Fab, I sent in some money to HRC campaign when 538 showed a close race — haven’t sent anything after she started hitting 85% on 538. I personally know at least two people I like and respect that have either donated to HRC campaign or volunteered for HRC campaign events by going all the way to PA.

    Sample of three: white citizen, brown GC holder, and white GC holder. All are corporate wage slaves and are not politically connected.

  63. Fast Eddie says:

    …volunteered for HRC campaign events

    Can you imagine such a thing? lol! Every day Americans trying to win the affections of the Queen b1tch! lol! Maybe she’ll spit to give her constituents a drink if she wins.

  64. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    And making Wasserman Hillary Campaign Chair after getting caught in bed with Hillary while in the DNC? Brazile also said other questions would be coming. It does not take a leap of faith to guess that those other emails were permanently and irrecoverably deleted. Or should we just continue to ignore all of the smoke and only find the Clintons (and I am referring to the entire family) guilty when a leak proves it.

  65. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    I have more friends down in Philly both canvassing and verifying the election than I care to admit I know. One of them, a rich guy I know who actually pays for Dem favor said he feared for his life. You know, with all of those Trump gun nuts running around. At least I got him to admit that on November 10th, regardless of who gets in to office, nothing really changes for the anyone except the connected. I also told him that the registered gun owners in Philly were not the ones shooting people. He didn’t like that very much. This is the guy who hosted one of those $2,000/plate affairs at his home in Montclair. If you can’t afford it, well then your access to Hillary is limited to her rallies.

  66. Juice Box says:

    Nothing to see here move along..

    “Pennsylvania state police have raided a Delaware County political field office seeking evidence of possible voter-registration fraud, according to court records.

    In a warrant filed late last week in County Court, investigators said they were seeking documents, financial information, and lists of employees at the Norwood office of FieldWorks LLC, a national organization that often does street work for Democrats, records show.”

    http://www.philly.com/philly/news/politics/20161101_State_raids_Delco_offices__seeking_evidence_of_voter_registration_fraud.html

  67. Fast Eddie says:

    @KimDotcom

    “There’s unpublished material, yet to come out. Clinton is in serious trouble.”

  68. nwnj3 says:

    The Brazille question leaks are a MASSIVE story in any other election year. As was the primary rigging, and all of the other collusion needed to prop Hillary up under the weight of her corrupt nature.

    The big story now isn’t just the Clinton criminality it’s also the fact that not only did Comey and his deputy(whose wife took large campaign contributions from DNC big wigs) deep six an investigation but the ongoing investigation is being conducted by Podesta’s crony.

    Any guesses what their findings will be? That’s the story of this election, from Bill meeting with the AG on the runway to the DOJ blocking everything possible it was a complete sham election.

  69. Anon E. Moose, saying 'Come back, JJ' says:

    Grim [09:27];

    “Trunk of Treat”

    In my hilly (and haughty?) suburb we tried rick-or-treating with our kids the old-fashioned way our first year here (happened to be 2012; Sandy postponed Halloween a week by order of CC). After climbing and repelling steep switchback driveways, we found 2 of 5 houses had anyone home, and he cold was getting to the kids. By the 5th house, even the prospect of free candy couldn’t motivate them to do one more.

    Been doing townwide “trunk or treat” at the local park since. Adults get into the act too; costumes and dressing up their SUV tailgates (some go all out). Town also provides a tractor for hayrides; blow-up screen for kids’ movie; and hot chocolate. Vol. FD provides the manpower and collects $15 per car at the gate; guides everyone in and out. I wouldn’t do it any other way.

  70. Ben says:

    Juice, who are you kidding. People get criticized for letting their 10 year old go to the park alone these days. Mischief night would require parental supervision at this point.

  71. Grab them by the puzzy (the good one) says:

    @NickTimiraos

    A new letter against Trump from 370 economists,
    including eight Nobel laureates (Deaton, Arrow, Hart)

  72. grim says:

    So what if the Democrats want to run the debates like the 1958 season of Twenty One.

  73. joyce says:

    Ben,
    Regarding your comment from yesterday and the solar lease, glad you’ve been very happy thus far. What are the implications if the house changes ownership mid-lease? You said the price per kwh raises annually at a fixed percentgage; is that in line with historical trends? What if the local prices stay flat or decrease (unlikely)? Do you still get to sell excess power back to the grid? What are the end of lease options for the panels, inverter, whole system etc?

    My electric bill is so small 8-10 months of the year I know solar doesn’t make any sense for me… and I assume they’ll stay low for the foreseeable future (no heated in ground pool or hot tub coming my way).

    But still curious, thanks.

  74. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    Steamturd,

    “One of them, a rich guy I know who actually pays for Dem favor said he feared for his life. You know, with all of those Trump gun nuts running around.”

    As long as he stays on his side of the Delaware, no problem.

    Lots of Trump signage in SE Chester County. I’m hoping it dissuades your typical urban self help redistributionist who may similarly fear epidermal and cranial ventilation.

  75. flee? says:

    Eddie, you are saying something nasty about a a very nice person, and friend of a few people here. Don’t go there.

    You have been wrong even on real estate trends, so you get a pass because of your poor judgment and ignorance.

    If you want Cat Grabber as CIC, volunteer or donate money. It is a free country. If you are just lazy and/or can’t afford to put money where your mouth is, don’t question others…

  76. Juice Box says:

    Nom – There is probably more epidermal and cranial ventilation going on in and around Montclair than your neck of the woods.

  77. D-FENS says:

    After Airbnb setback, Jersey tech group urges NY companies to cross the river
    By Dana Rubinstein
    11/01/16 05:27 AM EDT

    http://www.politico.com/states/new-jersey/story/2016/10/after-airbnb-setback-nj-urges-ny-tech-to-cross-the-river-106919

    Given the cool reception Airbnb has received in New York State, tech companies might want to consider relocating across the river.
    That’s the argument advanced by the New Jersey Tech Council, a 20-year old industry group that will on Tuesday release an open letter to the “New York tech community” urging it to consider the Garden State.
    Story Continued Below

    “I would like to formally invite you to start, grow, and build your business in the Garden State,” writes NJ Tech Council president and CEO James Barrood in a letter that cites Mayor Bill de Blasio’s failed effort to temporarily cap Uber’s growth and Airbnb’s troubles in Albany as evidence of a tendency on the part of New York officials to “shield legacy industries from the disruptive forces of technology.”

  78. Grim says:

    Mischief night gets expensive in Montclair because of all the free range organic backyard hen eggs.

    Costs a small fortune to egg a house.

    Don’t get me started on sustainable unbleached toilet paper.

    Is it any wonder those kids stay home?

  79. Fast Eddie says:

    You have been wrong even on real estate trends…

    I don’t think so.

  80. D-FENS says:

    Libertarian 2016 Campaign slogan:

    There’s a nut on the left, a nut on the right…why not go for the Johnson?

  81. Fast Eddie says:

    If you want Cat Grabber as CIC, volunteer or donate money.

    I did.

  82. Juice Box says:

    Comey dropping a hint? FBI released docs today on the 2001 Clinton investigation of the Marc Rich pardon.

    FBI Records VaultVerified account
    ‏@FBIRecordsVault
    William J. Clinton Foundation: This initial release consists of material from the FBI’s files related to the

    https://vault.fbi.gov/william-j.-clinton-foundation/william-j.-clinton-foundation.pdf/view

  83. Juice Box says:

    Intent? Obstruction?

    https://www.yahoo.com/tv/hillary-clinton-smoking-gun-campaign-chairman-said-dump-171502476.html

    “Not to sound like Lanny, but we are going to have to dump all those emails so better to do so sooner than later,” Podesta wrote to Mills in an email first reported by the New York Post.

  84. They’re both puss-y grabbers, btw.

  85. Both.


    Intent? Obstruction?

    https://www.yahoo.com/tv/hillary-clinton-smoking-gun-campaign-chairman-said-dump-171502476.html

    “Not to sound like Lanny, but we are going to have to dump all those emails so better to do so sooner than later,” Podesta wrote to Mills in an email first reported by the New York Post.

  86. Juice Box says:

    Peter J. Kadzik who was just put in charge of the NEW FBI/DOJ probe into Huma Abedin’s emails, was an attorney for Marc Rich when he was pardoned by Bill Clinton.

    Here’s a video found on C-Span of Kadzik testifying before Congress about the pardon of an absconder from justice who fled the U.S. during his prosecution. Marc Rich, who Bill Clinton accepted money from for his Library ( from Marc Rich’s ex-wife), and then pardoned Marc Rich on his last day in office.

    Peter J. Kadzik
    Partner
    Dickstein, Shapiro and Morin (now closed lawfirm Feb 2016)

    https://www.c-span.org/video/?162914-2/presidential-pardons-part-2

  87. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    “Don’t get me started on sustainable unbleached toilet paper.”

    Whole Foods sells a recycled toilet paper named 7th Generation. Every time I see that, I giggle a little.

  88. flee? says:

    Nom, the GOP has been pushing the notions that defaulting on national debt is OK. They have been stupid enough to over-ride a veto of the 9/11 sovereign immunity revocation (by not killing the bill before it became a populist issue). In the unlikely scenario of a loose-cannon CIC and a rabid congress, US can find itself in a bad situation.

    You have been supportive of people leaving the US because of tax rates. Wouldn’t you be supportive of people leaving the US because of major political and economic changes? To name a few precedents, Idi Amin ordered expulsion of Asians in Uganda in 1971 (when Asians were economically dominant group). “Liberal hero” FDR oversaw Japanese internment (and his treatment of Jesse Owens was worse than Hitler’s), and Japanese men’s representation in movies went from sex symbols such as Sessue Hayakawa to predominantly feminized versions. I know one German-origin person whose parents changed their last name (not Drumpf).

    My approach is to trust (that US is the best country ever, despite some warts) but verify (at least occasionally).

  89. Fabius Maximus says:

    Fast Eddie,

    What you accuse Bill Clinton of, Trump actually has a Trial Date for.
    Money well spent on your part.
    http://tinyurl.com/j3lbmtz

  90. flee? says:

    Eddie, you donated or volunteered to help a candidate you like, but yet shamelessly insult someone for doing the same for a candidate they like. You sound like some of the fake pro-life hacks that have had abortions, but believe that their abortion was the only morally acceptable one, whereas everyone else does it for the fun of it.

    But, all of that pales in comparison to your track record on NJ Real Estate. Your outrageous political rants are way less unhinged than your rants about NJ Real Estate!

  91. Joyce says:

    ” and then pardoned Marc Rich on his last day in office.”

    The way I see it is GHWB opened the door and Bill Clinton walked through it, right Fabius?

  92. Fast Eddie says:

    flee?,

    Why are you posting under a different handle? Post under your original handle.

  93. Fast Eddie says:

    Fabius,

    Ok, you win. Good luck with President Hillary.

  94. Fast Eddie says:

    But, all of that pales in comparison to your track record on NJ Real Estate.

    Multiple offers above asking price on my house in two days. It was sold, out of AR and inspection in under 10 days.

  95. 3b says:

    Flee who are these pro life hacks who have had abortions that you speak of? Just asking?

  96. HEHEHE says:

    Sounds like the FBI has decided they’ve had enough.

  97. No One says:

    Japanese men were once sex symbols? Like these guys?
    https://www.youtube.com/watch?v=BnP_mZAv8gE

  98. Flee? says:

    3b, there’s an article I read a while ago by Joyce Arthur highlighting the hypocrisy (women that have had an abortion going next day to protest at abortion clinics). Such stuff is in many places (tax hypocrisy: Kerry parking his yacht in RI to save taxes; Fox News hypocrisy: talking against money from a Saudi Prince publicly when they had the same guy as a major share holder). Eddie’s criticism of some guy that volunteered at HRC campaign events reeks of such hypocrisy.

  99. HEHEHE says:

    “Nom, the GOP has been pushing the notions that defaulting on national debt is OK.”

    It’s going to happen at some point. Doesn’t matter if it is ok. Probably happen in Japan before it happens here. At some point there’ll likely be a worldwide debt jubilee.

  100. joyce says:

    damn 5 straight to the mod or blacklist

  101. 3b says:

    Flee can’t say I read that article does not mean it’s not true. Seems odd a woman would get an abortion one day than turn around the next day and go to an anti abortion protest. Perhaps guilt? As for Kerry and his yacht that is true. So what’s the point? The democrats and republicans are all the same is how I would view that.

  102. Flee? says:

    Multiple offers above asking price on my house in two days. It was sold, out of AR and inspection in under 10 days.

    Do you realize it is not necessarily a positive thing, let alone something to brag about? Have you ever thought that may be you under-priced and sold in a rush (also, would you prefer 1.0x in 10 days over 1.05x in 30 days)?

    Even discounting that, one great sale/purchase doesn’t compensate for your unhinged posts. If I recall correctly, you spent months to years visiting house after house to buy, and mostly trash-talked individual listings.

  103. Flee? says:

    3b,
    The democrats and republicans are all the same is how I would view that.

    No, that’s a completely wrong thing to take away. The point is there are hypocritical things people do, and the sensible thing is for people to call out… No point in everyone drinking the red-team vs blue-team kool-aid. If you see me defending Kerry on his yacht or bad-mouthing him on his military service, you can be sure I drank the kool-aid from one team or the other.

  104. Steamturd, obsessed with Cankles way more than Wieners. says:

    “If I recall correctly, you spent months to years visiting house after house to buy, and mostly trash-talked individual listings.”

    For what it’s worth. We did too.

  105. 3b says:

    Flee no it’s exactly the point to take away both parties are chock full with hypocrites. And both suck!

  106. 3b says:

    Flee first offer is your best offer Gary did his homework

  107. joyce says:

    6 years and counting, still not resolved… can’t fire a public employee

    http://www.nj.com/politics/index.ssf/2016/11/court_reverses_firing_of_trooper_who_went_to_law_s.html#incart_river_home_pop

    (and this isn’t even one of the crazier cases)

  108. essex says:

    Nate Silver…”the possibility of an Electoral College-popular vote split keeps widening in our forecast. While there’s an outside chance that such a split could benefit Clinton if she wins the exact set of states that form her “firewall,” it’s far more likely to benefit Donald Trump, according to our forecast. Thus, as of early Monday evening, our polls-only model gave Hillary Clinton an 85 percent chance of winning the popular vote but just a 75 percent chance of winning the Electoral College. There’s roughly a 10 percent chance of Trump’s winning the White House while losing the popular vote.”

  109. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    Rory,

    Innuendo and deflection again.

    What was reported is pointless. I could sue you for being a cunt and get a hearing. Call me after the court denies a 12(b)(6) motion.

  110. Juice Box says:

    Ouch says Josh Huff from jail.

    Philadelphia Eagles wide receiver Josh Huff was arrested early Tuesday morning and charged with possession of a 9 mm handgun without a permit and having a small amount of marijuana after he was pulled over for speeding.

    Huff was stopped on the Walt Whitman Bridge, which connects Philadelphia with Camden County, N.J, at around 11 a.m. ET, according to a court complaint.

    “We are aware of the incident today involving Josh Huff,” Eagles spokesperson Derek Boyko said in a statement provided to USA TODAY Sports. “At this point, we are gathering more information.”

    In addition charges for possessing the gun without a permit and for the magazine with six hollow-point bullets, he also faces a disorderly persons offense for having less than 50 grams of marijuana, police told the Associated Press.

    Was his car on the philly side of the river?

    http://www.usatoday.com/story/sports/nfl/eagles/2016/11/01/josh-huff-arrest-philadelphia/93117710/

  111. Fabius Maximus says:

    Eddie Ray

    Call me after you finish with DR 7-102

  112. Flee? says:

    3b Flee first offer is your best offer

    Absent a lot of qualifiers and context, this seems very odd logic. Edge case, what if a hobo walks in and makes an offer for ten cents?

  113. Juice Box says:

    Just getting good, FBI publishes Hillary’s investigative file from July 2016.

    H ITS IN FRONT OF US REDACTION CODES ON HRC FILES 1.4 (c) Intelligence activities (including covert action), intelligence sources or methods, or cryptology 1.4 (d) Foreign relations or foreign activities of the United States, including confidential sources

    https://vault.fbi.gov/hillary-r.-clinton/hillary-r.-clinton-part-01-of-04/view

  114. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    Rory

    Weak. Stick to coding. Or tax preparation.

  115. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    Juice,

    No permit so he’s busted on both sides. Unless you have a CCP, you cannot carry in a car in PA.

    Besides, unless he was pulled over on the PA side getting onto the bridge, it doesn’t matter. DRPA police can charge in Jersey if he came from there

  116. Steamturd thinking about the remains of Hillary's umbilical stump says:

    At least he was smart enough to take the Whitman. The Betsy Ross is a mess with construction and the Ben Franklin leads to Central City which is always a traffic mess.

  117. 3b says:

    Flee what if a hobo walks in blah blah. Now you are just being a moron. Like I said first offer is best offer unless it’s a hobo as you say!

  118. D-FENS says:

    Word up

    https://m.youtube.com/watch?v=WIARMMtUdZQ

    Hillary Clinton’s use of a personal email server while serving as Secretary of State is not only an enduring political scandal, it’s also a new hit song.

  119. Flee? says:

    3b, say you get the first offer 10% below asking price, do you take it? What if it 15% below? What about 1% above? This is, after you solve the problem of pricing the house perfectly. You have a time-aspect and price-aspect, along with some idea of how strong the buyers are (contingencies; ability to get the loan; amount of downpayment; lawyer may end up over-doing things, etc.)

    You are giving a five word solution to a complex problem. A few people I know have taken houses off market, waited a while to re-list, etc. In some cases the first offers fell through. Some have even rented out their homes. This is the first time I am hearing this rule of “first offer is the best offer” (equivalent of “take the first offer”?)

    What do the realtors and RE experts think? I have no experience in selling a house, so I can’t make a strong case… But, this approach of optimizing for speed of sale seems to be very counter-intuitive.

  120. flea – you are a dimwit when it comes to RE. Price it even 4% too high and your property will go stale fast and all your price decreases won’t draw in offers over the coming months as high as you could have gotten in two weeks by pricing it -1% to -2% low.

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