How low can inventory go?

From HousingWire:

Realtors: Majority of metros hit peak levels in 2016

The fourth quarter of 2016 saw the best quarterly sales pace of the year, but also pushed housing inventory to record lows, and many markets to home prices with record highs, according to the latest quarterly report from the National Association of Realtors.

Actually, home prices in over half of measured markets either hit or surpassed their previous peak level, according to the report. The median existing single-family home price increased in 89% of measured markets. While 158 of metro areas saw gains from the fourth quarter of 2015, the remaining 20 metros recorded lower home prices than the year before.

“Buyer interest stayed elevated in most areas thanks to mortgage rates under 4% for most of the year and the creation of 1.7 million new jobs edging the job market closer to full employment,” NAR Chief Economist Lawrence Yun said. “At the same time, the inability for supply to catch up with this demand drove prices higher and continued to put a tight affordability squeeze on those trying to reach the market.”

This is more than the third quarter, when 87% of metros reported annual price increases. Also, of the metros that saw price gains, 17% of them were in the double digits, compared to 14% in the third quarter.

“Depressed new and existing inventory conditions led to several of the largest metro areas seeing near or above double-digit appreciation, which has pushed home values to record highs in a slight majority of markets,” Yun said. “The exception for the most part is in the Northeast, where price growth is flatter because of healthier supply conditions.”

The national median existing single-family home price in the fourth quarter was $235,000, which is up 5.7% from the fourth quarter of 2015’s $222,300.

While home prices were reaching new highs, housing inventory was reaching new lows. At the end of the fourth quarter there were 1.65 million existing homes available for sale, a decrease of 6.3% from the 1.76 million homes a year before to the lowest level since NAR began tracking home supply in 1999. The average supply during the fourth quarter was 3.9 months, down from 4.6 months the year before.

This entry was posted in Demographics, Economics, National Real Estate. Bookmark the permalink.

103 Responses to How low can inventory go?

  1. The Original NJ ExPat says:

    Frist

  2. The Original NJ ExPat says:

    Who cares about inventory? Price is all that matters – the higher, the better. That way the 99% who aren’t buying and selling can feel good about themselves and won’t complains so much about their rising RE taxes. Look at recent Icelandic history to see how this method of price discovery works out in the end.

  3. Grab them by the puzzy says:

    no inventory at my price range which is higher than Fast ‘fake news’ Eddy and now have instead of upgrade have to go with builder for an addition and didn’t want to do at all, but there’s no inventory

  4. The Original NJ ExPat says:

    It’s not up to you, your programmer makes all the decisions. You just foot the bill. If your programmer wants you to trade up, you’ll trade up. Just mow the lawn and don’t think about it.

    no inventory at my price range which is higher than Fast ‘fake news’ Eddy and now have instead of upgrade have to go with builder for an addition and didn’t want to do at all, but there’s no inventory

  5. Fast Eddie says:

    Puzzy,

    If I found something, you’ll find something. Interesting that you’re price range is high yet you clamor for more restrictive government.

  6. Fast Eddie says:

    You’re = your

  7. leftwing says:

    Chi, lol from yesterday, probably passed eachother in C-Town on Saturday. Was up there with my son as well.

    I get tickets from a player. If you head back up that way and need, lmk.

  8. yome says:

    Marathon Pharmaceuticals LLC says it will charge $89,000 annually in the U.S. for a decades-old steroidal drug that was approved for U.S. sale for the first time on Thursday, a price that is as much as 70 times higher than drug’s price overseas

    http://www.msn.com/en-us/money/companies/marathon-pharmaceuticals-to-charge-dollar89000-for-muscular-dystrophy-drug/ar-AAmO5wW?ocid=spartandhp

  9. D-FENS says:

    Republicans push bill to split up ‘nutty 9th Circuit’

    https://www.youtube.com/watch?v=cAb_qvWbA24

  10. Fabius Maximus says:

    Yes Gary, those Dems are pulling themselves apart.
    Oh wait! http://www.cnn.com/2017/02/10/politics/republican-town-halls-obamacare/index.html

  11. grim says:

    Kellyanne Conway needs to be fired.

  12. The Original NJ ExPat says:

    That’s not what the alternative facts indicate;-)

    Kellyanne Conway needs to be fired.

  13. SteamTurd, reminiscing about Cankles says:

    What did she do this time?

  14. D-FENS says:

    Jason Chaffetz received 73.5% of the vote in his district. The people yelling in that town hall are a vocal minority or they bused in astroturf protesters. People elected him knowing this was his position.

    Diane Black, the other representative mentioned in that article received 71.1% of the vote in her district.

    They will do what they were elected to do. Not what disgruntled Democrats demand.

    Fabius Maximus says:
    February 10, 2017 at 12:01 pm
    Yes Gary, those Dems are pulling themselves apart.
    Oh wait! http://www.cnn.com/2017/02/10/politics/republican-town-halls-obamacare/index.html

  15. The Original NJ ExPat says:

    Re:Kellyanne – Someone should check her DC pharmacist to see if the DNC bought him off and he is substituting placebos for her normal lithium meds.

  16. The Great Pumpkin says:

    Flat tax. Will never happen, because then people can’t pull off the heist that you are defending. Get rid of mortgage deduction. Get rid of it all. But then how many jobs will be loss? How many lawyers and accountants that feed off this corrupt system will let that happen?

    I don’t know why I even get upset about this. Why would we have a fair tax system in place? I’m convinced that the system is exactly the way it is because it was created by certain people to take full advantage of their hardworking citizens. How can you account for corporate welfare? In theory, it’s completely insane, but here it is, deductions for nonsense, or money for growing their business at the expense of everyone else. It’s absolutely crazy. All the welfare programs for the poor are just making certain individuals money. The free food provided, who benefits? Who made off with the profit for that crap food no one wants prob paid at market price? The free healthcare in the emergency room, who benefits? Who profits off that? I can go on and on, but I’ll stop making myself angry on a Friday, and accept that a certain group of individuals will always make their money off scamming the rest.

    Any tax dodge is legal, but let’s be serious, they are morally corrupt. Let’s give 100 million in tax breaks if you move your company to my town. What a joke.

    Comrade Nom Deplume, The GOAT says:
    February 9, 2017 at 11:12 pm
    Rory,

    Paradoxically, you actually support my point (and contradict yourself) when you state that my business will not fail if I don’t empty the trash. That’s accurate. And it’s true of others. Yet their deductions are allowed. Care to take a stab at why?

    Forget what I said above. You should follow your instincts on taxes. And if it worked for you in the past, it must be tight. Keep doing it.

  17. chicagofinance says:

    The Food Network – Chopped (clot Edition):

    A woman in Texas was allegedly so dissatisfied with her taco meal that she reportedly shot her boyfriend during a dispute over the food.

    According to KTRK TV, investigators say the woman and a male companion were at a taco truck in north Houston early Monday when the incident occurred.

    According to police, the woman became infuriated after she reportedly asked the taco truck worker to reheat her taco and was told no.

    Her boyfriend then tried to calm her down but the hungry woman then pulled out a gun and wound up shooting her partner. The man was shot once but investigators have not confirmed whether the woman shot him on purpose or if the gun fired accidentally.

    Police were unable to determine how the incident unfolded due to a lack of surveillance video. It remains unclear if charges will be filed in the case.

    The boyfriend was rushed to the hospital and is expected to survive his injury. There was no word on what happened to the taco.

  18. chicagofinance says:

    I tried to buy for the Harvard game, but you have to do it through the alumni donation office…..extortion…..

    Anyway, we were sitting by this guy who had half Dartmouth & Cornell jerseys sewn together…….turns out he is the older brother of Gillam who is Cornell’s goalie. He graduated Dartmouth several years ago and was routing for both teams…..

    leftwing says:
    February 10, 2017 at 10:29 am
    Chi, lol from yesterday, probably passed eachother in C-Town on Saturday. Was up there with my son as well.

    I get tickets from a player. If you head back up that way and need, lmk.

  19. chicagofinance says:

    Also, the Starbucks down by the Commons had a hotel key card for the bathroom…….too many people were shooting up in there so they had to restrict access.

  20. Fast Eddie says:

    Fabius,

    I detest what the left is and what the democrats have become. Nothing the so-called Republicans or conservatives can do come even come close to the disdain I have for the whining, mousey, compunctious, muddled, stammering, stuttering quitters that is the left. I would die in a fox hole alone than have a dozen progressives with me attempting to put up a fight. You lost senate, the house, the presidency and now the judicial branch. Your side is a f.ucking wasteland of f.ucking cucks and losers.

  21. grim says:

    What did she do this time?

    More of an “is” issue than a “do” issue.

  22. The Original NJ ExPat says:

    Repbublicans know democrats are wrong.
    Democrats know Republicans are evil.

    No middle ground there, but it explains why the right fights with logic and math and the left huff and puff, cry and moan, sh!t and p!ss, trying to give a full birth abortion to everyone who doesn’t agree with them.

  23. Fabius Maximus says:

    Eddie Ray,

    ” You’re assuming facts not in evidence, jumping to unsupported conclusions”

    Pretty much sums up most of your postings.
    http://njrereport.com/index.php/2017/02/01/what-bubble-what-bust/#comment-750254

  24. SteamTurd, reminiscing about Cankles says:

    Gary,

    I respect you and your position. But I would argue that by not being at least a little sensitive to the desires of the left, this current Republican reign will end up as short-lived as a Trump owned casin0.

  25. The Great Pumpkin says:

    “It’s not clear whether these plans will succeed, but why should we care? Lobbyists are individuals hired to represent others with business before government. We might lament the existence of this profession, but blaming lobbyists for lobbying is like blaming lawyers for lawsuits. Everyone seems to complain about them right up until the moment that they want one.

    The same goes for complaints about the clients of lobbyists — the hated “special interests.” Presidents since at least Teddy Roosevelt have vowed to run them out of Washington yet, today, interest groups abound. Some lobby for higher taxes, some for lower taxes. Some lobby for more entitlements, some for fewer or for more fiscal responsibility in entitlement programs. Some lobby for business, some for labor, some for more regulations on both. Some lobby for freer trade, some for trade restrictions. The list goes on and on. Are they all bad?

    The question we should ask is, Why do people organize into interest groups and lobby government in the first place?

    The popular answer among free-market advocates is that government has too much to offer, which creates an incentive for people to tap their “cronies” in government to ensure that government offers it to them. Shrink government, the argument goes, and we will solve the problem.

    Veronique de Rugy, senior fellow at the Mercatus Center, describes cronyism in these terms:

    “This is how cronyism works: A company wants a special privilege from the government in exchange for political support in future elections. If the company is wealthy enough or is backed by powerful-enough interest groups, the company will get its way and politicians will get another private-sector ally. The few cronies “win” at the expense of everyone else.”

    (Another term for this is “rent seeking,” and many other people define it roughly the same way.)”

    https://fee.org/articles/why-ayn-rand-would-have-cast-trump-as-a-villain/?utm_medium=push&utm_source=push_notification

  26. The Great Pumpkin says:

    “Still, we need to be more precise. “Favors,” “benefits,” and “privileges” are too vague a way to describe what government has to offer. Among other things, these terms just raise another question: Which benefits, favors, or privileges should government offer? Indeed, many people have asked that question of cronyism’s critics. Here’s how the Los Angeles Times put it in an editorial responding to the effort by some Republicans to shut down the Export-Import Bank:

    “Governments regularly intervene in markets in the name of public safety, economic growth or consumer protection, drawing squawks of protest whenever one interest is advanced at the expense of others. But a policy that’s outrageous to one faction — for example, the government subsidies for wind, solar and battery power that have drawn fire on the right — may in fact be a welcome effort to achieve an important societal objective.”

    It’s a valid point. Without a way to tell what government should and should not do, whose interests it should or should not serve, complaints about cronyism look like little more than partisan politics. When government favors the groups or policies you like, that’s good government in action. When it doesn’t, that’s cronyism.”

  27. SteamTurd, reminiscing about Cankles says:

    Lobbyists exist to ensure the government does not legislate for what is best for its constituents. It’s really as simple as this. All politicians (yes, I’m being a bit generous here) know what’s best for the electorate. It is the catering to their base and the currying of favor by lobbyist dollars that result in the corrupt and corporate profit first mantras that guide both parties. A revolution would be great. A quiet coup would be even better.

  28. SteamTurd, reminiscing about Cankles says:

    “But a policy that’s outrageous to one faction — for example, the government subsidies for wind, solar and battery power that have drawn fire on the right — may in fact be a welcome effort to achieve an important societal objective.” If you actually believe the bullsh1t. If wind, solar and battery power had a chance of being economically viable, an entrepreneur would have explored it already. If you think it’s about pollution, then I invite you to explore the rest of the world.

  29. Fast Eddie says:

    …sensitive to the desires of the left

    Gimme a break. Should we give them a pillow, a blanket and a puppy? Hey, the left can have anything they want as long as they reach into their own pockets and pay for it. Deal?

  30. Fast Eddie says:

    Just like Obama was sensitive to the desires of the right.

  31. SteamTurd, reminiscing about Cankles says:

    Obama didn’t have to be. This was more about HRC and the DNC than it was about Obama. I guarantee you, if Obama was allowed to run for a third term, he would have beaten Trump in a landslide.

  32. SteamTurd, reminiscing about Cankles says:

    With that said…forget knitting puss-y hats. It’s time to start knitting DOW 21,000 hats.

  33. No One says:

    Good article, are you sure you read it?
    “Are Rand’s warnings that our government increasingly resembles an authoritarian regime — one that issues dictates and commands to individuals and businesses, who then have to pay homage to the government like courtiers in a king’s court — really overblown? Read Atlas Shrugged and her other writings and decide for yourself.”

  34. No One says:

    Steamy,
    I disagree with you on politicians knowing how to decide “the public interest”. Unless it’s to get out of the business of deciding, and limit government to protecting individual rights. See the following explanation in the article:

    It’s tempting to blame politicians for pull-peddling, and certainly there are many who willingly participate and advocate laws that plunder others. But, as Rand argues, politicians as such are not to blame, as even the most honest of government officials could not follow a standard like “the public interest”:


    The worst aspect of it is not that such a power can be used dishonestly, but that it cannot be used honestly. The wisest man in the world, with the purest integrity cannot find a criterion for the just, equitable, rational application of an unjust, inequitable, irrational principle. The best that an honest official can do is to accept no material bribe for his arbitrary decision; but this does not make his decision and its consequences more just or less calamitous.

    To make the point more concrete, Which is in the public interest, the jobs and products produced by, say, logging and mining companies — or preserving the land they use for public parks? For that matter, why are public parks supposedly in “the public interest”? As Peter Schwartz points out in his book In Defense of Selfishness, more people attend private amusement parks like Disneyland each year than national parks. Should government subsidize Disney?

    To pick another example, Why is raising the minimum wage in “the public interest” but not cheap goods or the rights of business owners and their employees to negotiate their wages freely? It seems easy to argue that a ca$1no parking lot in Atlantic City is not “in the public interest,” but would most citizens of Atlantic City agree, especially when more ca$1nos likely mean more jobs and economic growth in the city?

    There are no rational answers to any of these questions, because “the public interest” is an inherently irrational standard to guide government action. The only approach when a standard like that governs is to put the question to the political process, which naturally leads people to pump millions into political campaigns and lobbying to ensure that their interests prevail.

    Rand’s answer is to limit government strictly to protecting rights and nothing more. The principle of rights, for Rand, keeps government connected to its purpose of protecting our ability to live by protecting our freedom to think and produce, cooperate and trade with others, and pursue our own happiness.

  35. The Great Pumpkin says:

    Know we need govts, but really wish we didn’t. “The Walking Dead” is a great example. Just roam around moving from corrupt leadership to corrupt leadership. How is reality any different?

    SteamTurd, reminiscing about Cankles says:
    February 10, 2017 at 2:02 pm
    Lobbyists exist to ensure the government does not legislate for what is best for its constituents. It’s really as simple as this. All politicians (yes, I’m being a bit generous here) know what’s best for the electorate. It is the catering to their base and the currying of favor by lobbyist dollars that result in the corrupt and corporate profit first mantras that guide both parties. A revolution would be great. A quiet coup would be even better.

  36. SteamTurd, reminiscing about Cankles says:

    I don’t fear Trump Gary. Though, I would argue that his appointments, regardless of their political positions, have been underwhelming. He’s essentially assigned every last person who stood up for him during the election a very high level position. Which really wouldn’t be so bad if those who stood up for him were somewhat qualified. Yes the left has pretty much been a bunch of unrelenting crybabies, but the truth is, Devos doesn’t have a friggin’ clue. Conway’s great achievement was winning a blueberry pageant. Based on his staff, I’m really, really surprised that Scott Baio and Dennis Rodman weren’t assigned some cabinet positions. And Nordstrom’s? Come on now. It’s early. I’m willing to give Trump some time. But so far, outside of Wall Street’s performance (which many would question whether the government has any influence over), the experiment of allowing someone with zero government experience perform in one of the most powerful positions in the world has revealed a lot of embarrassing blunders.

  37. yome says:

    The U.S. posted a budget surplus in January, helping narrow the federal government’s spending deficit through the opening third of the fiscal year.

    The U.S. budget deficit totaled $156.94 billion from October, the first month of the fiscal year, through the end of January, the Treasury said Friday. That was down 2% from the same period a year earlier.

    More broadly, federal government spending has outpaced revenue each of the past 15 fiscal years, a trend expected to continue as an aging population drives spending on programs such as Social Security and Medicare.

    The Congressional Budget Office last month forecast a federal budget deficit of $559 billion in the fiscal year ending Sept. 30, or 2.9% of gross domestic product, down from $587 billion, or 3.2%, in 2016. If current laws governing spending remain unchanged, the deficit is expected to fall again in 2018 before rising steadily into the next decade, pushing the nation deeper into debt.

    For the month of January, the surplus was $51.26 billion, compared with $55.16 billion during the same month a year earlier. Receipts totaled $344.07 billion and outlays $292.81 billion in the most recent month.

    An expanded version of this story is available at WSJ.com.

  38. The Great Pumpkin says:

    Yes, I did. Not a fan of Rand, but this def describes what is happening.

    Remember, empathy causes me to pick up lefty positions, but the older I get, the less empathetic I become due to reality smacking me in the head on a daily basis. Just protect personal freedoms, the rest is on the individual. That’s as fair as it is going to get.

    No One says:
    February 10, 2017 at 2:14 pm
    Good article, are you sure you read it?
    “Are Rand’s warnings that our government increasingly resembles an authoritarian regime — one that issues dictates and commands to individuals and businesses, who then have to pay homage to the government like courtiers in a king’s court — really overblown? Read Atlas Shrugged and her other writings and decide for yourself.”

  39. Fast Eddie says:

    Can you imagine our fathers and grandfathers being forced to support a group that endorses a genderless society and stands in solidarity sporting a p.ussy hat? How do you call yourself a man and stand behind such a collective bunch of oddballs?

  40. SteamTurd, reminiscing about Cankles says:

    No one. Very interesting. But the real premise there is that everyone is corrupt so better off not allow anyone to try to do what is best for the larger group. I’m more of an optimist. When I look at what the founding fathers created, it was really quite inclusive, especially considering the time period. No one is more a fan of the libertarian view than I am, but I am a realist too. Small measured steps are much better to adjust to than sweeping changes. It’s kind of what I was trying to say to Gary. Getting back to Trump, I think he’s shown some smarts in adopting a lot of the traditional Republican agenda. It will serve him well when he needs buy-in for his changes. I didn’t think he’d be smart about this. But all of the lying, and tweeting and warning shots are quite embarrassing to watch and may be his undoing regardless of his political support in DC.

  41. The Original NJ ExPat says:

    Wouldn’t this make a clever political cartoon? A leftist and a Trump supporter are staring down each other at a protest. They are both carrying almost the exact same sign:

    Sign 1: LOVE TRUMPS HATE!
    Sign 2: LOVE TRUMP’S HATE!

  42. Comrade Nom Deplume, The GOAT says:

    Rory Martin,

    Ha. Good one. Do you work or spend all your time trying to think of ways to troll me? Perhaps you should quit; you could use the extra time.

    And as for the town halls, those were Dems adopting tea party tactics. It’s been reported that this would happen so I’m surprised those reps didn’t see it coming.

  43. Comrade Nom Deplume, The GOAT says:

    News today is that another US multinational is being acquired by a foreign one. That’s one way to get overseas earnings out of the offshore jail.

    And restaurants are seeing a secular slowdown.

    As usual, readers of this blog discussed these issues last year.

  44. Comrade Nom Deplume, The GOAT says:

    Pumpkin at 12:50

    WFT are you talking about?

  45. D-FENS says:

    He is. Not that it matters. They would still protest and hate him. The only way he can make them happy is to become Hillary Clinton.

    SteamTurd, reminiscing about Cankles says:
    February 10, 2017 at 1:50 pm
    Gary,

    I respect you and your position. But I would argue that by not being at least a little sensitive to the desires of the left, this current Republican reign will end up as short-lived as a Trump owned casin0.

  46. D-FENS says:

    President Trump Is Already Doing More For Black College Students Than Obama Ever Did

    http://menrec.com/president-trump-already-black-college-students-obama-ever/

  47. 3b says:

    Steam not disagreeing but you can argue Obama had zero or almost zero government experience too. Or for that matter any experience. Just saying.

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

    At least he was a (community leader (don’t kill me)). I give him credit for draining the swamp. But he’s refilling it with hardly seems like an improvement. Still, it’s early.

  49. 3b says:

    Steam true. It’s all too early to say at this point. But from a selfish stand point my 401k is loving trump!

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

    Mine too. We might not have jobs, but it won’t matter cause we’ll all be rich off our savings.

  51. 3b says:

    Steam if we believe some of the hysterics we might not have a world!! Trump is going to blow it up!!

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

    Even Pumpkin’s lowly PLUG got back 38% today simply because they announced they were going to make an announcement.

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

    Yeah. The left is on anti-depressants right now, but the right needs to adjust their blinders.

  54. Grab them by the puzzy says:

    @JohnCassidy

    James Dolan puts in determined bid to displace Donald Trump as most unpopular man in NY.

  55. Grim says:

    Make pancakes great again?

    Oh wait I’m mixing my companies

  56. 3b says:

    Question. May need a new furnace. Should I go with my local guy I trust or p s e g? Thoughts appreciated.

  57. chicagofinance says:

    Depeche Mode (Benny Hill Edition):
    https://www.youtube.com/watch?v=diiIafs-vDs

  58. chicagofinance says:

    sorry meant to queue it up here….
    https://youtu.be/–IS0XiNdpk?t=5m34s

  59. Essex says:

    2:40 — i call myself a man because i respect a woman’s right to choose Gary.

  60. Essex says:

    …and all the ‘cuck’ comments are pure comedy.

  61. yome says:

    Russia considers returning Snowden as a gift to Trump

  62. D-FENS says:

    Ugh

    Essex says:
    February 10, 2017 at 7:08 pm
    2:40 — i call myself a man because i respect a woman’s right to choose Gary.

  63. D-FENS says:

    This seems unusual.

    https://theconservativetreehouse.com/2017/02/10/ninth-circuit-court-now-demands-it-be-protected-from-itself/

    Oh, the winning… it’s often too funny. The Ninth Circuit Court of Appeals is now independently, on its own impetus, requesting an internal vote on a full panel en blanc hearing to review its own decision.

    Additionally, the full ninth are asking the Trump administration to file an additional brief telling the court why the three member original appeals ruling authority was wrong. In essence, the smart judges know what wasn’t considered, and are now looking for an out.

    You just can’t make this stuff up.

  64. D-FENS says:

    http://lawnewz.com/high-profile/breaking-9th-circuit-judge-wants-another-vote-on-trump-travel-ban-decision/

    In a rare move, one of the judges on the Ninth Circuit of Appeals has made a request that a vote be taken as to whether the order issued by the three judges Thursday night should be reconsidered en banc, which means before at least 11 federal judges of the Ninth Circuit. It’s not clear if this means that this judge (who was not named in the order) believes that there are enough votes to overturn the lower court’s decision which put a temporary halt on Trump’s controversial travel ban or if the judge simply wasn’t satisfied with the panel’s decision. Regardless, it is an interesting move that could bode well for President Trump, and throws yet another legal twist into the ongoing court battle between Trump and those trying to prevent his controversial immigration ban from being enforced.

    On Thursday night, in a big blow to the Trump administration, a panel of three Ninth Circuit federal judges refused to lift a stay which was issued by Seattle federal Judge James Robart.

    Earlier today, Trump indicated that he did not plan to appeal the Ninth Circuit’s decision to the U.S. Supreme Court or request an en banc review by the full Ninth Circuit panel. Instead, his attorneys said they planned to fight the case on the merits in the lower federal court. But then minutes after one White House official said the Trump administration would not appeal to SCOTUS, White House Chief of Staff Reince Priebus told The Washington Post that they are actually still “reviewing all of our options in the court system.” Regardless, federal judges are allowed to call for an en banc vote themselves even if neither party petitions for a rehearing.

    Chief Judge Sidney Thomas of the 9th Circuit Court has instructed both Trump’s DOJ team and lawyers for the State of Washington and Minnesota to file briefs due by Thursday February 16th, stating whether they believe the motion should be considered en banc. To get a rehearing, a majority of the 29 active judges on the court would need to vote in favor. Some legal experts contend however that it is unlikely that a majority of judges (most of whom were appointed by Democrats) would agree to this.

  65. The Great Pumpkin says:

    Wow, they really want to destroy the foundations of our country. If this isn’t proof that judges are full of shi! and play to partisan politics, I don’t know what is. Both sides are wrong and are playing a dangerous game. This just sets a precedent of getting “your guy” in to sway laws and policy in your favor. Law has become a mirage of being fair, there is nothing fair about it if one doesn’t accept the results. It’s one side hijacking it to push their stupid beliefs on everyone else. So under one regime, abortion will be illegal; under another, legal. Here in lies the problem with our ideological driven govt. Going nowhere quick, just back and forth over the same old nonsense, while ignoring what really matters……….how the economy works for all.

    D-FENS says:
    February 10, 2017 at 7:59 pm
    This seems unusual.

    https://theconservativetreehouse.com/2017/02/10/ninth-circuit-court-now-demands-it-be-protected-from-itself/

    Oh, the winning… it’s often too funny. The Ninth Circuit Court of Appeals is now independently, on its own impetus, requesting an internal vote on a full panel en blanc hearing to review its own decision.

    Additionally, the full ninth are asking the Trump administration to file an additional brief telling the court why the three member original appeals ruling authority was wrong. In essence, the smart judges know what wasn’t considered, and are now looking for an out.

    You just can’t make this stuff up.

  66. The Great Pumpkin says:

    So basically, judges have become politicians who don’t get voted in by the people, but by the politicians for their ideological driven fantasies. NO HONOR IN THIS

  67. 3b says:

    Pumps 9 50. It’s been that way for quite some time now.

  68. The Great Pumpkin says:

    People like you who defend immoral practices are just as much as the problem as the people with no ethics using loop holes they bribed(lobbied) to be put in place. There are so many people surviving (profiting) off this corruption that I have given up hope of it having any chance of becoming a system that doesn’t feed off the innocent and hardworking.

    Thank you for defending nonsense like putting your child on the books to offset your tax base. You should feel proud for defending nonsense like this.

    Comrade Nom Deplume, The GOAT says:
    February 10, 2017 at 3:16 pm
    Pumpkin at 12:50

    WFT are you talking about?

  69. The Great Pumpkin says:

    What happened to working hard, doing the right thing, and helping your fellow neighbor. That’s what made America great for a small window of time. That time is gone, and I pray it can one day return.

  70. The Great Pumpkin says:

    Like a scene out of a movie or book, snowden has become nothing more than a piece of living leverage. Should have just enjoyed his 200k job in Hawaii, closed his eyes, and shut his mouth. Now he must realize there is no value in honor in this country/world anymore.

    yome says:
    February 10, 2017 at 7:20 pm
    Russia considers returning Snowden as a gift to Trump

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

    Chumpkin. Weren’t you around for the hanging chads? If ever there was a case of partisan courts, there it was in all its glory.

  72. Fabius Maximus says:

    Eddie Ray

    “Do you work or spend all your time trying to think of ways to troll me? ”

    No, but when you serve up curve-balls, its just so easy to hit them over the fences.

  73. The Original NJ ExPat says:

    Flab-Max – LOL. Obviously you’ve never played, nor watched, baseball.

    No, but when you serve up curve-balls, its just so easy to hit them over the fences.

  74. The Original NJ ExPat says:

    Dungeons and Dragons perhaps? Hahahahahahaha

  75. Fabius Maximus says:

    Expat,

    When I came here I got a copy of Tim McCarvers “Baseball for Brain Surgeons”. I also had a FULL season ticket to the Yankees.

    So yes, I understand what I mean when I say “He throws curve-balls, I crush them over the fence”

  76. Fabius Maximus says:

    ExPat Redux,

    My favorite these days is “Dungeons and Donald”

    https://twitter.com/DungeonsDonald/status/740733675092869120/photo/1

    “Ah, look at my Gary over here, look at him. Are you the greatest? You know what I’m talking about! #LookAtMyGary “

  77. Fabius Maximus says:

    Nice to see som adults still left in the room.
    http://www.politico.com/story/2017/02/mike-flynn-nsa-aide-trump-234923

  78. grim says:

    Problem with Snowden is that he’s divisive among Trump supporters, with a significant portion siding with Snowden (the anti-big-government, anti-overreach, etc etc). Perhaps what Putin knows is it will actually create unrest among Trump supporters, as he’s damned if he prosecutes him, or damned if he don’t. Putin is pretty savvy, he knows half the country hates Trump already – why not take the opportunity to split his supporters? Not only that, by appearing to cooperate with Trump, he creates even more outrage among the anti-Trump groups.

    Winner Winner Borscht Dinner

  79. 3b says:

    Any thoughts on my new furnace question from yesterday?

  80. Ben says:

    3b, I went with the top of the line Lennox. Great investment. Lower bills and dead silent. You don’t even know it’s on. I went with private guys. My experience with pseg is that the people are only good with specific models and are clueless on others so it’s hit or miss.

  81. 3b says:

    Thanks Ben. It looks like it should cost about 5k depending on model I choose at least from my Google searches.

  82. Grab them by the puzzy says:

    never heard Lennox name before but will check it out as rhe extension will require a new furnace and don’t plan to buy any cheap stuff.
    But will have pseg do it as i only employ unionized labor

  83. The Great Pumpkin says:

    My brother owns his own plumbing business. He is solo. He works with another guy who also owns his own business. They work together feeding each other jobs and helping each other on jobs. He’s not the cheapest, but he is as reliable as they come and a great value based on the honesty and good work he will provide. If you want the number, let me know. If you are the type that wants something done for nothing, then def don’t waste his time.

    3b says:
    February 11, 2017 at 10:15 am
    Thanks Ben. It looks like it should cost about 5k depending on model I choose at least from my Google searches.

  84. The Original NJ ExPat says:

    gay slang?

    My brother owns his own plumbing business. He is solo. He works with another guy who also owns his own business. They work together feeding each other jobs

  85. The Original NJ ExPat says:

    I’ve had exactly this thought going ’round my noggin for over a year. If it was up to me Assange and Snowden would be free men, but for Trump right now it would be lose-lose. I’ll go a step further and posit that Obama pardoning Manning was political bait for Trump to do something ill-advised for either Assange or Snowden.

    Problem with Snowden is that he’s divisive among Trump supporters, with a significant portion siding with Snowden (the anti-big-government, anti-overreach, etc etc). Perhaps what Putin knows is it will actually create unrest among Trump supporters, as he’s damned if he prosecutes him, or damned if he don’t. Putin is pretty savvy, he knows half the country hates Trump already – why not take the opportunity to split his supporters? Not only that, by appearing to cooperate with Trump, he creates even more outrage among the anti-Trump groups.

  86. The Original NJ ExPat says:

    Trump should say “thank you very much”, accept Snowden and then stash him away where no one will find him. Have his lawyers STFU about everything and let the media run years of stories about where he is and whether he is alive or dead. He can then brag about how it was a great “deal” have Snowden away from Russian hands where he could future damage. Then pardon him in 8 years (or right before a pivotal election), alluding to all the intel he has been able to help acquire while hidden away.

  87. The Original NJ ExPat says:

    Heh-heh. In for a dollar, in for a pound. Take whatever diplomatic or tactical steps necessary to spirit Assange away at the same time, preferably quietly while Snowden is on the front pages.

  88. The Original NJ ExPat says:

    Now on to immigration reform. Have every illegal that ICE rounds up sent to our new illegal Alien deportation center in Afghanistan. From there we can charge each country that wants to take their illegals back a “room,board, processing, and transfer fee” and the countries that don’t want their illegals back can have their aliens released in Afghanistan to fend for theselves. Let’s see how many Guatamalans enter the US illegally 6 times when they have to start from Kandahar.

  89. The Original NJ ExPat says:

    I wonder how much the new TAC business will charge on average for each customer?

    TAC – Trans-Atlantic Coyote – Human traffickers specializing in smuggling people from Afghanistan to Mexico.

  90. Blue Ribbon Teacher says:

    3b, that’s about right. I had some new duct work done on a finished attic, new furnace. It was $6.5k total. I also got the digital programmable touch/screen and wifi thermostat. A lot of good options on there to prevent wasteful consumption.

  91. Grab them by the puzzy says:

    gonna ask lenox if they have an app for iphone
    that would b a game changer

    @LennoxAir

    Compare AFUE rating if you’re considering a furnace for your home.
    Also, account for heating needs as other options may be better.

  92. yome says:

    3b
    how long did the old furnace last you? Mine is 10 years old. Am i nearing its end?

  93. 3b says:

    The old furnace was installed in 1983!!

  94. 3b says:

    Thanks blue ribbon.

  95. 3b says:

    Pumps I appreciate the information. I don’t expect something for nothing but I don’t over pay. From what I can see it’s a straight forward job . No duct work etc take the old one out but the new one in. I will let you know on the phone number. Thanks again.

  96. 3b says:

    Grab I understand p s e.g. is hit or miss and much for expensive.

  97. yome says:

    1:43 WOW!!!

  98. 3b says:

    Yo me Yep!!

  99. Raymond Reddington says:

    Yome, why so hard to believe? Only runs 1/2 a year.
    USA is a funny place. We put on roofs every 20 years. Switzerland puts on one that lasts generations. Then when we do make something that lasts like a good tile floor, kitchen cabinets, pink toilet or appliances, we tear them out because we don’t like the color…

Comments are closed.