Onslaught

From HousingWire:

Experts: Homebuyers should prepare for onslaught of competition this spring season

The latest Case-Shiller report showed home prices are continuing to rise, but now experts say not only are those high prices here to stay, but homebuyers could be pummeled this spring by an increase in competition.

One expert explained that homebuyers will face not only the typical spring competition, but also the pent-up demand from would-be buyers looking for, but unable to find, a home over the past several months.

“The spring home shopping season will soon be in full swing, and with it we can expect the usual seasonal bump of would-be home buyers to come out of the woodwork to compete over a shrinking pool of homes to choose from,” Zillow Senior Economist Aaron Terrazas said. “But in a twist, this year’s buyers may be competing against some of those buyers who have been unsuccessful during the past few months.”

“Increasingly, the traditional seasonal boundaries around home shopping season – which generally heats up in early spring and cools off by late summer in time for back-to-school season – are becoming less pronounced,” Terrazas said. “Limited supply, fierce competition and rising prices are forcing many buyers to stay on the market longer in hopes of finding the right home at the right price. More inventory is really the only cure for those pressures right now, especially for those at the entry-level end of the market, but it has proven frustratingly slow in coming.”

And one expert explained this increased competition is also increasing home prices, which means high home prices are here to stay.

“Our first glimpse into Case-Shiller home price data in 2018 confirms high prices are here to stay,” realtor.com Chief Economist Danielle Hale said. “In fact, if we continue to see a steady stream of buyers and owners remain largely uninterested in selling, we can expect prices to continue to rise.”

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

144 Responses to Onslaught

  1. grim says:

    He could hold a contest, on a TV show…

  2. 3b says:

    High prices are here to stay. Until they are not. But now or be priced out forever!

  3. 3b says:

    Congrats on your nomination Grim!!

  4. nwnj says:

    Cnn? Lol. What did national Enquirer have to say on the matter?

  5. D-FENS says:

    Finally some good news. Thanks for sharing.

    Fabius Maximus says:
    March 27, 2018 at 11:28 pm
    “What did Trump say today?”

    After the budget would only put up 1.6B for 36 miles of fence, the military will now pay for the wall.

  6. grim says:

    According to CNN, having an affair with a porn star years ago is worse than a president raping an intern while, literally, in office.

  7. chicagofinance says:

    The Pause That Refreshens:

    Good luck getting a G rating.

    “We need a disney princess who’s had an abortion,” began the now-deleted tweet sent out by Planned Parenthood Keystone. “We need a disney princess who’s pro-choice. We need a disney princess who’s an undocumented immigrant. We need a disney princess who’s actually a union worker. We need a disney princess who’s trans.”

    The account was parodying a meme where people point out ways to make Disney movies more inclusive, the origin of which is a September 2017 tweet that repeated “We need a fat disney princess,” according to website knowyourmeme.com

  8. chicagofinance says:

    Good stuff…… who said ADHD is a curse?

    grim says:
    March 27, 2018 at 8:24 pm
    Honored to be nominated for the Garden State Culinary Arts award for Best Spirits Professional.

    https://www.courierpostonline.com/story/life/2018/03/27/garden-state-culinary-arts-awards-nominees-2018/461601002/

  9. The Great Pumpkin says:

    This is the equivalent of digging a ditch to provide jobs. He has 25 billion for a wall, but doesn’t have money for tunnels and other infrastructure investment? Unreal. Hell, take that 25 billion and put it towards pensions. Anything, but a wall.

    Fabius Maximus says:
    March 27, 2018 at 11:28 pm
    “What did Trump say today?”

    After the budget would only put up 1.6B for 36 miles of fence, the military will now pay for the wall.

  10. The Great Pumpkin says:

    Congrats, grim.

  11. grim says:

    I wonder if we’re witnessing the beginning of the end of social media.

  12. The Great Pumpkin says:

    What’s the return on investment for this wall?

    Just shows you how society works. They claim they are broke and don’t have money for this when in reality they just pick and choose who gets what based on ideological preferences. Richest society in human history constantly crying broke when it comes to paying for something that goes against ideological beliefs.

  13. 3b says:

    I know a few people who have totally disconnected from a Facebook.

  14. D-FENS says:

    BTW, Trump didn’t just float the idea to his advisers this week…it seems it may have been the plan all along. Note the date on the below article.

    https://www.usnews.com/opinion/economic-intelligence/articles/2017-07-19/congress-slyly-diverts-pentagon-money-to-fund-donald-trumps-border-wall

    The Great Pumpkin says:
    March 28, 2018 at 8:19 am
    This is the equivalent of digging a ditch to provide jobs. He has 25 billion for a wall, but doesn’t have money for tunnels and other infrastructure investment? Unreal. Hell, take that 25 billion and put it towards pensions. Anything, but a wall.

    Fabius Maximus says:
    March 27, 2018 at 11:28 pm
    “What did Trump say today?”

    After the budget would only put up 1.6B for 36 miles of fence, the military will now pay for the wall.

  15. Blue Ribbon Teacher says:

    that list from yesterday has some great spots on it. In particular,

    Edwidge Fils-Aime, The Little Chef Pastry Shop; Princeton

    As far as I’m concerned, this guy is the master of all pastries and makes the most amazing croissant you can ever have.

  16. The Great Pumpkin says:

    What ruined Facebook was this past election. Politics should be banned from Facebook, it ruined it. Stick to the platform of friends and family posting pics of their life. That’s what made Facebook great.

    3b says:
    March 28, 2018 at 8:28 am
    I know a few people who have totally disconnected from a Facebook

  17. Libturd questioning the gender of Hillary's Cankle fluid. says:

    “the most amazing croissant you can ever have.”

    I would put it up against the Almond Croissant at Payard.

  18. Blue Ribbon Teacher says:

    I’ll have to try it. My favorite at the Little Chef shop is actually his almond croissant.

  19. The Original NJ ExPat says:

    If CNN says so, it has to be…

  20. The Original NJ ExPat says:

    My Pumpkin’s back and you’re gonna be in trouble.
    (Hey, la-di-la, my Pumpkin’s back.)
    When you see him comin’, better cut on the double.
    (Hey, la-di-la, my Pumpkin’s back.)
    You’ve been spreading lies that I was untrue.
    (Hey, la-di-la, my Pumpkin’s back.)
    So look out now ’cause he’s comin’ after you.
    (Hey, la-di-la, my Pumpkin’s back.)
    And he knows that you’ve been tryin’,
    And he knows that you’ve been lyin’.
    He’s been gone for such a long time.
    (Hey, la-di-la, my Pumpkin’s back.)
    Now he’s back and things will be fine.
    (Hey, la-di-la, my Pumpkin’s back.)
    You’re gonna be sorry you were ever born.
    (Hey, la-di-la, my Pumpkin’s back.)
    ‘Cause he’s kinda big and he’s awful strong.
    (Hey, la-di-la, my Pumpkin’s back.)

  21. The Original NJ ExPat says:

    Does anybody else see the massive double-top forming in the 10 year treasury? We have to get down close to 0%, just like Japan, because it serves everyone…except savers.

  22. Fast Eddie says:

    Sold for 799K less than a year ago, asking 859K… sold as is. It looks like a flip that flopped real fast:

    http://www.njmls.com/listings/index.cfm?action=dsp.info&mlsnum=1810319&openhouse=true&dayssince=15&countysearch=false

  23. The Original NJ ExPat says:

    ^^^interesting commentary…

  24. The Original NJ ExPat says:

    You certainly can’t say that Pumpkin doesn’t show you a little bit more about his true self every day.

  25. Libturd questioning the gender of Hillary's Cankle fluid. says:

    I hate fundamentalist Jews just as much as I hate fundamentalist Chrisitans and Muslims. But the absolute truth about the amnesty program is that those who committed this fraud need to pay it back PLUS fines to gain any leniency. It’s a relatively fair trade off. You can forgive the revenue and throw a bunch of Jews in jail in for a few weeks. But you won’t get the money back and it will cost you a lot more. As for those claiming racism? Make the same offer to a convicted group of latinos or blacks and not a single one of them will take it.

    Think before you spew your hatred Pumps.

  26. 3b says:

    Fast there are a few houses listed in my town that are asking at or below or slightly higher than they paid 12 or more years ago. I am not seeing any sort of frenzy even with a supposed shortage of inventory. Just observations on my part.

  27. Libturd questioning the gender of Hillary's Cankle fluid. says:

    It’ll be interesting to see how my property does. I’ll keep you all posted. Remember. For 700K, you too can have a great tax write-off, pay for two kids college educations, experience dealing with bearded hipsters firsthand and support the Che-lead revolution in Montclair. I do not discriminate. Let the truth be told. If I sold my place to a traditional white male-female couple, the neighbors would probably say, “There goes the neighborhood.”

  28. The Original NJ ExPat says:

    Time to buy Anglo American again (NGLOY) – btw, coincidental, not racist.

  29. leftwing says:

    “We need a disney princess who’s had an abortion,” began the now-deleted tweet sent out by Planned Parenthood Keystone. “We need a disney princess who’s pro-choice. We need a disney princess who’s an undocumented immigrant. We need a disney princess who’s actually a union worker. We need a disney princess who’s trans.”

    Roll her all in one, center around the theme of becoming Queen, and have her compete (successfully) to become queen/grand marshal of the Village Halloween parade. And then get into Harvard, full ride.

    Will that satisfy the freak show?

  30. The Great Pumpkin says:

    That one individual hit the nail on the head….two party system not working, we need more competition in politics.

    Blue Ribbon Teacher says:
    March 28, 2018 at 10:12 am
    Americans in debt

    https://www.politico.com/magazine/gallery/2018/03/06/american-personal-debt-photos-000774?slide=0

  31. The Original NJ ExPat says:

    Pumps – maybe take the rest of the day off?

  32. leftwing says:

    “Let the truth be told. If I sold my place to a traditional white male-female couple, the neighbors would probably say, “There goes the neighborhood.””

    Funniest post in a while. Thx.

  33. The Original NJ ExPat says:

    ^^^ watch me wind up my toy.

  34. The Original NJ ExPat says:

    Pumps, not leftwing, of course.

  35. The Great Pumpkin says:

    I don’t know, these fundamentalists play the system well, and the Jews are the best at it.

    I have nothing personally against Jews, since I’m friends with many, but certain Jews give the entire religion a very bad name.

    Libturd questioning the gender of Hillary’s Cankle fluid. says:
    March 28, 2018 at 11:07 am
    I hate fundamentalist Jews just as much as I hate fundamentalist Chrisitans and Muslims. But the absolute truth about the amnesty program is that those who committed this fraud need to pay it back PLUS fines to gain any leniency. It’s a relatively fair trade off. You can forgive the revenue and throw a bunch of Jews in jail in for a few weeks. But you won’t get the money back and it will cost you a lot more. As for those claiming racism? Make the same offer to a convicted group of latinos or blacks and not a single one of them will take it.

    Think before you spew your hatred Pumps.

  36. Hold my beer says:

    Fast Eddie

    Those houses look haunted.

    Shocking how expensive ugly houses in jersey are. Makes my area seem cheap even after the price run up.

  37. Hold my beer says:

    If y’all keep praisimg croissants ex-jersey will post about your oral fixations.

  38. leftwing says:

    Ex, whew, thought you were getting frisky there….

    Hey, you mentioned a while back you have a group (or a group you communicate with) regarding the market and stocks. Room for one more on the DL?

    LMK here, I’ll find a way to connect.

  39. The Great Pumpkin says:

    They are clearly undesirable homes that have not been maintained.

    3b says:
    March 28, 2018 at 11:09 am
    Fast there are a few houses listed in my town that are asking at or below or slightly higher than they paid 12 or more years ago. I am not seeing any sort of frenzy even with a supposed shortage of inventory. Just observations on my part.

  40. The Original NJ ExPat says:

    My landlords are a May-December gay couple. Traditional Irish college prof, married with kids, who didn’t admit he was gay until he met his buff, Brazilian student, now his husband. I just sent them a picture of all of the crocuses in out back yard. They’ve already said they won’t be raising our rent on our third lease. I send them stuff like that to keep the rent down for the next lease.

  41. 3b says:

    Ah no they are not. Back to ignoring you.

  42. Libturd questioning the gender of Hillary's Cankle fluid. says:

    “I don’t know, these fundamentalists play the system well, and the Jews are the best at it.”

    In most cases, you and your type continue to support the opportunities that these fundamentalist continue to take advantage of. You are always crying how it’s cheaper to pay to house and treat “these types” then to deal with them shooting up the neighborhood or in incarceration. You can’t have it both ways.

  43. The Original NJ ExPat says:

    I just saw a big rat, or a squirrel with a really long and nearly bald tail, climbing a tree in our neighbor’s yard, next to my office. It’s Boston, so I’d call it 50-50.

  44. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Expat,

    Periodically, send them a gift card for Broadway Tickets. You’ll be tenants for life.

  45. The Original NJ ExPat says:

    Our across-the-street neighbors live in house, family owned and occupied, but it is just a ridiculous mess. All of the other houses on the block are in good repair, but this neighbor probably inherited the house decades ago from his parents. They have two really nice kids, both Boston Latin graduates in their early 20’s. Over the Summer a divorce factored into the equation. Nobody lives there except the husband anymore. He’s a really smart guy, but has a serious physical affliction. It’s like physical Turret’s syndrome, he’s a constant dance machine.

    Last Summer they had workers sealing up all of the squirrel holes in their three storey house, which is in bad repair. Just from our side of the street I observed 3 squirrel front and back doors. Once the squirrel ingress/egress issues were sealed (complete with cages catching some offenders), I noticed a lot of squirrel RE fights going on, some in our back yard.

    It’s a little bit like figuring out what’s going on in the Middle East.

  46. The Original NJ ExPat says:

    I like your thinking Lib! They have a place in Miami, where they live, so I might have to think about something regional (and cheaper!).

    Expat,

    Periodically, send them a gift card for Broadway Tickets. You’ll be tenants for life.

  47. The Original NJ ExPat says:

    I also send my landlords reports of small things I’ve fixed around the house for free. Most recently the pull start that I fixed on our(their!) snow blower. I’m amazed at tenants who don’t know on which side their bread is buttered.

  48. The Original NJ ExPat says:

    My family lived in our own place for 15 years, but before that we had the most distinguished renter’s résumé ever. I would hand it to prospective landlords/RE agents complete with previous landlord’s contact information. The last place we rented before I owning I hear the realtor say to the prospective landlords “It doesn’t get any better than this.”

    I think the most important column was the one that said “deposit returned in full”. It was a little bit of a scramble renting this place because we hadn’t been renters since 2002. Some of our previous landlords were presumably dead. Luckily, I have been renting a two car garage for over 18 years now, and that was the only phone call that our current landlords needed to be convinced.

  49. The Great Pumpkin says:

    Then what is the problem? Why aren’t they selling?

    3b says:
    March 28, 2018 at 11:31 am
    Ah no they are not. Back to ignoring you.

  50. The Original NJ ExPat says:

    Go to bed Pumps.

  51. Libturd questioning the gender of Hillary's Cankle fluid. says:

    The market is moving like a roller coaster.

  52. The Original NJ ExPat says:

    Did anyone watch RoseAnne last night? I haven’t laughed out loud that much at network TV in a Coon’s age.

  53. The Great Pumpkin says:

    Fair enough. All I’m saying, if I committed the fraud that these Jews in Lakewood committed, I would go to jail on top of paying all the money back and getting fined.

    I don’t care what their religious beliefs are, they just happen to be Jewish….so I’m calling them out.

    Libturd questioning the gender of Hillary’s Cankle fluid. says:
    March 28, 2018 at 11:32 am
    “I don’t know, these fundamentalists play the system well, and the Jews are the best at it.”

    In most cases, you and your type continue to support the opportunities that these fundamentalist continue to take advantage of. You are always crying how it’s cheaper to pay to house and treat “these types” then to deal with them shooting up the neighborhood or in incarceration. You can’t have it both ways.

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

    I knew it was going to be good after the Stern interview yesterday morning but went to the Devils game last night. Looking forward to watching it on demand.

  55. No One says:

    Grim,
    Thanks for keeping me in outstanding spirits, professionally!

  56. 3b says:

    Ex I thought it was funny. A little refreshing.

  57. No One says:

    Chifi,
    Some folks want a LGBTQI Disney princess. They keep on adding more letters I notice. “Intersex” is the I. Is there a gender-neutral word for the offspring of royalty? “Princess” may offend. Does anyone know what’s the difference between G and Q? Do I get special privileges for dunking my weenie in mustard vs ketchup?

    Also Chifi – ready to invest in Tesla bonds? b minus is the lowest in the whole industry, and where you start to see meaningful odds of default over the ensuing years.

  58. The Original NJ ExPat says:

    Pumps – bedtime.

  59. 3b says:

    There is another identification now called homo flexible. It’s different than bi apparently. Who knew!

  60. Libturd questioning the gender of Hillary's Cankle fluid. says:

    You guys ain’t seen anything yet. Recently, I had to watch 4 hours of diversity, privilege, harassment and tolerance videos. These were clearly created by a law firm. Not so much because it’s important for my company to be in the forefront when it comes to progressive human resource practices. But I’m pretty sure it was our companies first line of defense against frivolous lawsuits. The tests were easy. All you had to do was place your c0ck between your legs and answer the questions from Greg Louganis’ point of view. The privilege stuff was incredibly painful to watch. Have fun everyone. Your videos are coming too.

    My company is now up to 11 to 12 annual hours of these for all managers. 11 hours for our underlings.

  61. Blue Ribbon Teacher says:

    We’ve had those videos forever. And worse, you have to click through them. Murgee Autoclick saved me countless hours of my life.

  62. Blue Ribbon Teacher says:

    Wait, can’t Tesla just talk those bonds up to the sky as well?

  63. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Tesla can just put those bonds into orbit and hope the rocket explodes.

  64. Blue Ribbon Teacher says:

    About 6 years back, I was talking with my new landlord at the time about how I was going through the process of documenting my entire apartment with hundreds of pictures so that they couldn’t try to take any of my deposit. My leases overlapped at that time but I subtlety made him aware that if they do, I will take them to court.

    A year later, he tries to keep half despite my passive aggressive warning and my college roommate who is a lawyer gives him a courtesy call to give him a quick out. His response was “I’m not going to give you money just because you called me, you’ll have to sue me”. So…we did. And then, he offers to settle. Still never sends the settlement over so we go back to court. We bring 200 pictures to the judge and he asks if we were preparing for a murder trial. Go through the motions, basically, the judge had his clerk to take him aside and convince him to settle out for full deposit plus legal fees or he was going to get destroyed. He was liable for 2x the deposit and legal fees.

    Was an incredibly easy process in hindsight and an awesome feeling to destroy someone in court.

  65. Blue Ribbon Teacher says:

    That would give a whole new meaning to revolving debt.

  66. D-FENS says:

    @PollackHunter
    Follow Follow @PollackHunter
    More
    The Broward County Schools have been sitting on $100m allocated for school safety since 2014. So many people failed my sister and the 16 other students that were killed. The school, the police, the FBI all could’ve prevented this! No one is blaming them!

    https://dmlnews.com/report-broward-county-schools-sitting-100m-allocated-school-safety-since-2014/

  67. The Original NJ ExPat says:

    Here is my stock market forecast: Chop & Slop

  68. Blue Ribbon Teacher says:

    My plan was to short Tesla sometime this summer. Looks like that will be too late.

  69. The Great Pumpkin says:

    Sell off in tech is unwarranted. Short term-market is completely driven by psychology.

  70. The Original NJ ExPat says:

    Says the incredibly educated anti-semite.

    Sell off in tech is unwarranted. Short term-market is completely driven by psychology.

  71. Libturd questioning the gender of Hillary's Cankle fluid. says:

    I guess the Jews don’t control the market.

  72. The Original NJ ExPat says:

    BTW, for any of you long term investors…..

    NHMD trading right now at 0.002

    Buy a house on a highway and wait.

  73. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Well it’s up from .0013.

  74. joyce says:

    Libturd,

    But the absolute truth about the amnesty program is that those who committed this fraud need to pay it back PLUS fines to gain any leniency. It’s a relatively fair trade off. You can forgive the revenue and throw a bunch of Jews in jail in for a few weeks. But you won’t get the money back and it will cost you a lot more. As for those claiming racism? Make the same offer to a convicted group of latinos or blacks and not a single one of them will take it.

    Come on. There was no reason for this amnesty program other than the fraudulent behavior was so widespread and the government wanting to appease a large voting block. Forget religion. Forget race. It’s more akin to only fining rather than jailing large corporations. They met with the local counsel the way they would meet with corp exec’s to “work out a deal” … the government needs to prosecute violent criminal behavior with jail/prison. Make no mistake theft by fraud/deception is violent behavior. White collar crime needs to be more harshly punished than any other until the pendulum swings back.

  75. Libturd questioning the gender of Hillary's Cankle fluid. says:

    I knew you were going to say that Joyce.

    I think there are two issues working here. First, are governments concerned about prosecuting crime? Or are governments in it to make as much as revenue as is possible to protect their cushy jobs. Do you think the prosecutor gets more out of locking up Joe Schmo than clawing back the money Joe Schmo stole (plus fine)? Of course not.

    You know. I agree with you here. In the ideal situation, our government wouldn’t be sold out to the highest bidder and white collar criminals would be housed with the anal plunging cryps. But just as Countrywide, BOA and even members of congress are busted regularly for white collar crime, nothing ever happens. It will be our countries undoing. Isn’t it every countries eventual undoing? Government greed.

  76. The Great Pumpkin says:

    Joyce,

    Exactly. Has nothing to do with anti-semitism, and everything to do with individuals committing a crime and getting away with it.

    It’s sad, can’t say anything about the wrongs of the Jewish community because you will be accused of anti-semitism.

    Lib,

    I understand your need to defend some of the members of your religion, but I’m sorry, they are experts at working the system.

  77. Hold my beer says:

    Question for the board

    If you were to relocate to the nyc area for a Manhattan based job, where would you live? North jersey, Long Island, westchester area, or Connecticut and why? Factoring in housing affordability, state and local taxes, schools, and commute to midtown door to door of about an hour.

    Thanks

  78. Juice Box says:

    Down in Miami for a few days for work, they are building like crazy in the swamps out here. Nothing but construction equipment, cement mixers and construction equpiment flying by all day , the massive Titan cement plant looked really busy, it generates a giant dust cloud during the day.

    Swamps becoming walkable communities

    LENNAR

    http://new-homes.lennar.com/promo/florida/floridadeals/v3/lp/?p=hialeah-general&utm_source=google&utm_medium=cpc&utm_campaign=DAHLEN_SEM_Google_MD_Brand&gclid=EAIaIQobChMIw_-GptiP2gIVhrjACh21YAvVEAAYASAFEgJutvD_BwE

  79. Juice Box says:

    Down here the builders want Doral to annex a few blocks from Medley to make their planned new developments contiguous.

  80. 3b says:

    Anybody familiar with nice hotels in key west? It’s back on the agenda!

  81. Blue Ribbon Teacher says:

    It’s never a good sign when real estate is booming in Florida

  82. 3b says:

    Blue stop being so negative!! It’s all good!!

  83. Bystander says:

    Lib,

    I think you meant Joe Shlomo..here all week, tip your waiters.

  84. The Great Pumpkin says:

    Juice,

    Building in those swamps is complete idiocracy. They will be underwater in time. You are literally building in a flood zone that will be underwater as the polar caps melt away.

  85. The Great Pumpkin says:

    But isn’t that what Florida housing is about? Cheap crap that will be taken out by a hurricane eventually. Developers get their money, while sad souls buy their housing in Florida.

  86. The Great Pumpkin says:

    Hold,

    Believe it or not, nj is the cheapest out of the locations listed.

  87. Bystander says:

    Blumpkin’s racist ‘only blacks smoke weed’ rant was slightly better than his anti-semetic remarks

  88. Juice Box says:

    3b – Casa Maria Walforf in Key West is one of the few hotels on the beach. I have stayed there it is very nice if you want a beachside resort, everything else is inland.

  89. Juice Box says:

    Pumps, the local uber drivers I used so far were raving apparently they build water parks to attract people with yound kids to buy in the swamps. I did see one old trailer home retirement community in the swamps that was looked something out of a horror movie. I will have to see if I can google earth it and post it.

  90. Nomad says:

    Long read from Bain. Interesting and unnerving. Robot paybacks soon to be under a year. Grim, maybe a robot for your enterprise. Boozebot.

    http://www.bain.com/publications/articles/labor-2030-the-collision-of-demographics-automation-and-inequality.aspx

  91. To hold my beer says:

    Fastest are trains.

    If mid-town – Grand Central walkable anywhere the MTA Trains runs – Westchester/Hudson Valley/Connecticut. If Penn Station walkable anywhere the LIRR runs.

    Forget about trains from NJ Transit – this board is full of complainers that can teach lessons – apart from politics -it goes back to MTA/LIRR where old NY Central and Pennsylvania RR (considered the 2 best RR in the country that competed head to head for over 100 yrs). NJ Transit is made up of 6 crappy smaller railroads- so nothing makes sense)

    Other alternative buses to NYC & subway or bus/drive to ferry,

  92. 3b says:

    Thanks Juice. Checking prices now.

  93. 3b says:

    NJ transit is horrible! Better off in LI or Westchester commuting wise by mass transit. Plus new York is in far better fiscal shape than NJ.

  94. Juice Box says:

    Imagine retiring here in Florida, google does not do it justice the row hedge is missing now, crazy lakefront retirement trailet park community, the lake is some kind of tailing pond too..

    9744 NW 107th Ave

    https://goo.gl/maps/ZWxKKf5bdb92

  95. The Great Pumpkin says:

    Cry me a river.

    So let me get this straight, you see nothing wrong with that article providing amnesty to an entire group of criminals from the same community? You must be Jewish too to come throwing that anti-Semitic remarks at me.

    So if I robbed you of 40,000 dollars, and got caught, it’s all good as long as I pay you back?

    Better yet, how long will I go to prison if I rob 5,000 from a bank?

    So what kind of message is being sent when you provide amnesty to a community of criminals who were caught stealing lots of money for god knows how long? Yes, just do the crime and have enough money set aside to pay back what you stole if you get caught. That’s the lesson learned here.

    Bystander says:
    March 28, 2018 at 3:19 pm
    Blumpkin’s racist ‘only blacks smoke weed’ rant was slightly better than his anti-semetic remarks

  96. The Great Pumpkin says:

    Good lord! Thank you to Florida and all these other low cost locations for taking legions of losers away from productive states like jersey.

    Juice Box says:
    March 28, 2018 at 3:36 pm
    Imagine retiring here in Florida, google does not do it justice the row hedge is missing now, crazy lakefront retirement trailet park community, the lake is some kind of tailing pond too..

    9744 NW 107th Ave

    https://goo.gl/maps/ZWxKKf5bdb92

  97. The Great Pumpkin says:

    Universal income is inevitable! Anyone that doesn’t see this coming is blind. Society will turn into one giant welfare state. This technology is signaling the beginning of the end of capitalism, as human labor becomes almost non existent in creation of machines that can do it better and cheaper. The rich will be the owners of said technology, and the rest will mostly exist to consume. I don’t know how the rich will stop people from rising up as people no longer have the opportunity to become rich themselves.

    Nomad says:
    March 28, 2018 at 3:33 pm
    Long read from Bain. Interesting and unnerving. Robot paybacks soon to be under a year. Grim, maybe a robot for your enterprise. Boozebot.

    http://www.bain.com/publications/articles/labor-2030-the-collision-of-demographics-automation-and-inequality.aspx

  98. The Great Pumpkin says:

    You complain about jersey prices and taxes, but claim better off in LI or Westchester. Are you insane?

    3b says:
    March 28, 2018 at 3:36 pm
    NJ transit is horrible! Better off in LI or Westchester commuting wise by mass transit. Plus new York is in far better fiscal shape than NJ.

  99. Juice Box says:

    Speaking of Robots, I did step infront of the Ford self driving car in South Beach, it did stop. Not sure if it was the driver or the car that did the breaking, did not get a chance to ask.

  100. The Great Pumpkin says:

    I stayed there last summer. Location is great as well as the pool and beach area. Just don’t expect the room to reflect the norms for this brand of hotel. It’s key west, and it’s a very expensive location. When I go back, will def stay here again.

    Juice Box says:
    March 28, 2018 at 3:23 pm
    3b – Casa Maria Walforf in Key West is one of the few hotels on the beach. I have stayed there it is very nice if you want a beachside resort, everything else is inland.

  101. The Great Pumpkin says:

    Did I really say this? I think everyone knows all groups have members that smoke weed. What I think was implied (if I said this) was that almost all blacks have or are smoking weed. I know a lot of blacks, and almost all smoked weed like it was a cigarette. I have no problem with smoking weed, so why this turns into racism is beyond me.

    ‘only blacks smoke weed’

  102. Hold my beer says:

    Amazing how ugly and tired looking a 600k House is in north jersey or Long Island.

  103. Bystander says:

    Beer,

    Toss out affordability. There is nothing within hour of NY that is affordable with good schools. That is holy grail everyone wants. I would never live in LI. Too expensive and claustrophobic. NJ transit is horrendous compared to others. I live in CT and it is much quieter up here. MTA New Haven line is good for GCT midtown but Greenwich is only town that meets 1 hr commute. Very expensive housing though taxes are lowest in CT. Westchester offers best commute options but taxes put NJ to shame. I like Greenwich bc nice town, great area in Todd’s point but can’t afford it. Not many can.

  104. Blue Ribbon Teacher says:

    Pumps, it’s the left that throws around the “you are racist card”. You need to learn how to pick your words more carefully because when non-leftists refer to your remarks as racist, they likely are.

  105. Mike S says:

    It is better to be a great student in an average school than an average student in a great school.

    You don’t want to put on the college app you were 100th out of 200 in your class. 30 out of 200 is much better..

  106. Hold my beer says:

    Bystander

    Any particular towns in Connecticut? I would prefer Connecticut. We used to go to New England for vacations when we lived in nj. I think Long Island is very crowded and I have only been there for funerals.

  107. 30 year realtor says:

    Sold for 799K less than a year ago, asking 859K… sold as is. It looks like a flip that flopped real fast:

    This house was purchased at the Bergen County Sheriff sale for $654,000 on 1/16/17. It was a 2nd mortgage foreclosing and it was subject to a small first. The sale reported for $799,000 was not an arms length transaction. I know these partners are fighting and one bought out the other.

    In addition they had to remove a leaking oil tank that already had an open NJDEP case number before it ever went to sheriff sale. The joke is that the buyers are experienced bidders. A simple call to the building department would have been enough to find out about this particular tank issue.

    Needless to say nobody is making a profit on this flip!

  108. Yo! says:

    Hold,

    More similarities between NJ, CT, Long Island, and Westchester.

    New York’s pension funding status is among the most positive in the country. CT and NJ, along with Illinois are the word. So New York outlook for tax increases and services is the best in the region.

    CT’s advantage is lower property tax.

    NJ is huge risk for Manhattan commuters because the Hudson tunnel repairs will shrink NT Transit’s train counts for a couple of years. That will make the commute from bad to worse. More worrying is a shutdown of most of the NJ Transit rail system by Amtrak. The odds of this are low but more than zero and increasing.

    LIRR has more redundancies in its system.

  109. The Great Pumpkin says:

    Stereotyping….yes. Racist….no way. If stereotyping makes me a racist, so be it.

    Here is another stereotype for you. Asian women are the worst drivers ever!

    Blue Ribbon Teacher says:
    March 28, 2018 at 5:08 pm
    Pumps, it’s the left that throws around the “you are racist card”. You need to learn how to pick your words more carefully because when non-leftists refer to your remarks as racist, they likely are.

  110. The Great Pumpkin says:

    Oh come on, watch how fast they fix this. Everyone and their mother knows how important this is to get fixed quickly. Screw the political showmanship, at the end of the day, this is getting done.

    “NJ is huge risk for Manhattan commuters because the Hudson tunnel repairs will shrink NT Transit’s train counts for a couple of years. That will make the commute from bad to worse. More worrying is a shutdown of most of the NJ Transit rail system by Amtrak. The odds of this are low but more than zero and increasing.”

  111. The Great Pumpkin says:

    Why? Because the national economy is at stake. No one wants that.

  112. The Great Pumpkin says:

    If you are into saving money and want a 1 hr commute or less, go to jersey. Don’t overthink this. Go to Rutherford. It’s a nice town and will be very close to the city. If schools aren’t a problem, go Clifton. Montclair heights section gives you everything Montclair has to offer, but at a much cheaper price….and that will surely change as more people realize this as the prices in Montclair go even higher.

    Hold my beer says:
    March 28, 2018 at 5:42 pm
    Bystander

    Any particular towns in Connecticut? I would prefer Connecticut. We used to go to New England for vacations when we lived in nj. I think Long Island is very crowded and I have only been there for funerals.

  113. The Great Pumpkin says:

    And just think, as soon as they improve the transportation infrastructure shortening the commute to the city….how much will your property go up because of this? You will make good money on this improvement.

  114. Libturd questioning the gender of Hillary's Cankle fluid. says:

    “I think Long Island is very crowded and I have only been there for funerals.”

    That’s how most NJ Jews view Long Island. The Pole’s were the smart one’s. They bought up all the cemeteries in Queens.

    As for NJ Transit getting done? Forget about it. It took NJ Transit 70 years to complete the Montclair Connection. You really think they can build a tunnel in less than a decade? They can’t even replace a mile of the the cement median on the GSP in under a year. How long has the elevated section over Bloomfield Avenue (148) been under construction? Three years? I just looked up some info on this project, it was slated to be completed in 2017. Another nice job performed by public workers. I bet it’s not done in 2018. And they are going to build a new rail tunnel under the Hudson quickly? You are cracking me up!

  115. 3b says:

    There was a tragic train accident in Hoboken terminal in October of 2016 and tragically a young woman was killed. The motorway fell asleep. It damage to three bays in the terminal and part of the roof. But the terminal is fully operational. The repairs will be completed in the summer of 2019!!!! And they are going to build a tunnel under the Hudson in less than a decade!!! It’s just not happening!!

  116. Yo! says:

    If you care about home price appreciation, Long Island is way to go. Brooklyn and Queens added 900,000 residents since 1980. These are future Long Island homebuyers. In LI, Supply and demand dynamics in super duper shape. No single family home homes getting built,, massive demand for single family homes. Only one direction for home prices: up! Stats confirm Nassau rising fasten in New York metro.

  117. Yo! says:

    Nassau rising fastest. 10% pace with zero job growth and it is sustainable due to supply-demand math.

  118. Hold my beer says:

    I wouldn’t trust nj transit or Congress to do the right thing.

    I think nj spent over 10 years working on rt 1 in the menlo park mall area for storm runoff I believe.

    The train commute got worse every year when I was doing it in the 90’s. I hear it is much worse now.

  119. The Great Pumpkin says:

    Again, this project doesn’t get done and you just cut off nyc from most of its workforce. Aka you just killed nyc, ny state, and nyc’s status as financial capital of the world. Hence, you killed our national economy. Putin could only dream of such a shot in the foot for his adversary. This is a national security threat, I don’t think you guys realize this. On ny state income tax, they lose 3 billion on nj workers. How the hell do you overcome that?

    Ny has just as much skin in the game as nj.

    The entire country has just as much skin riding on this as ny/nj.

    Failure is not an option. If they don’t get these tunnels in before these old tunnels break, it’s all over. Get it fixed ASAP!

  120. 3b says:

    NJ rancid transit!!

  121. Blue Ribbon Teacher says:

    Unreal. It’s a Jew world and we are just living in it!

    This is what you said. That’s not saying a stereotype. It’s just flat out bigotry and it’s offensive.

  122. Blue Ribbon Teacher says:

    It is better to be a great student in an average school than an average student in a great school.

    You don’t want to put on the college app you were 100th out of 200 in your class. 30 out of 200 is much better..

    Your first statement is true. But if you are 30 out of 200 in an average school, you are not a great student.

  123. Hold my beer says:

    Pumps

    It will take at least a decade from when construction starts to a new tunnel is ready. I doubt the current tunnels will last that long before they need major repairs. They seem to need more patching up every year. Not a single bridge lane or tunnel has been added from nj-nyc since Eisenhower was president.

  124. 3b says:

    Oh and NJ is headed for another ratings downgrade! Yes heading into junk category. Used to be Aaa by both as we used to say in the municipal world.

  125. 3b says:

    Hold and what will the quality of the construction be?

  126. Hold my beer says:

    3b

    Since the cost overruns will be double the estimated budget I am going to go with shoddy.

  127. Hold my beer says:

    The big dig in Boston had massive cost overruns

  128. 3b says:

    Hold Exactly!! And in 10 years time will commuting to NYC or to an office in general be so important?

  129. The Great Pumpkin says:

    So when some of my Jewish friends make sterotypical jokes about Jews running the world….they are bigots towards themselves? I didn’t know it was so offensive to claim Jews run the world. Talk about a need for a safe space, it was supposed to be funny.

    Blue Ribbon Teacher says:
    March 28, 2018 at 8:44 pm
    Unreal. It’s a Jew world and we are just living in it!

    This is what you said. That’s not saying a stereotype. It’s just flat out bigotry and it’s offensive.

  130. Blue Ribbon Teacher says:

    So when some of my Jewish friends make sterotypical jokes about Jews running the world….they are bigots towards themselves? I didn’t know it was so offensive to claim Jews run the world. Talk about a need for a safe space, it was supposed to be funny.

    See that’s the problem. You can get away with it when you are funny. It’s the entire basis of the best stand up comedy. You unfortunately, aren’t funny at all, so you shouldn’t be saying it. That’s the way the world works.

  131. The Original NJ ExPat says:

    The Great Pumpkin should change his handle to “The Great Jew-Hating Pollock”.

  132. The Original NJ ExPat says:

    Not Pumpkin stupid, right?

    The Original NJ ExPat says:
    March 27, 2018 at 9:53 am
    FYI, took profits on big tech again at the open. Sold ADBE, NVDA, V. Not big tech, but also sold a nice position in FISV.

  133. Bystander says:

    Beer,

    Like I said, Greenwich is only town within hour of midtown, door to door. You are talking 900k for modest home but only 10k prop taxes. In Westchester, it is 800k home with 20k tax bill. Kind of pick your poison. I prefer lower taxes. Stamford schools are not good and Darien is about as bad as Greenwich cost wise, maybe worse. Next would be Westport. Great town, rich but chill. You have to go 65m on Metro North, so door to door closer to 80m. I am in Fairfield which is first great affordable town with top schools along New Haven line. Love it here but brutal at 75m to GCT. That keeps lots of buyers away. CT job market is terrible so little hope that high paying job to support a family. Know plenty people who have miserable commute to NYC.

  134. The Original NJ ExPat says:

    My best friend lives in Mamaroneck. He bought a giant, drafty, Victorian at the top of the market. I think his taxes are pushing $16K now, and they were only around $10K when he bought in 2006.

  135. Ex-Jersey says:

    Good ol’ Darien. My Uncle’s lived there since the 60’s.

  136. Yo! says:

    Bystander, how is Greenwich within hour door to door? Quickest trains are 44 to 57 minutes depending on the station in Greenwich. That assumes they are on time and they’re not. More like 90 minutes for most Greenwich commuters.

  137. Ex-Jersey says:

    Cheryl Sanders puts out on the first date….spread the word…

  138. Libturd questioning the gender of Hillary's Cankle fluid. says:

    HMB,

    Smartest option in NJ is along the Northeast corridor. This line has 4 tracks and is Amtrak’s ONLY profitable route. This keeps the delays to a minimum, though they are still there. Smart towns include Metuchen, Edison and Rahway and Linden price wise. None of them are paradise, but all of them offer a quick ride and reasonably (relative) priced housing. If you have school age kids, Metuchen and Rahway would be your best bets. You should also not be a desiphobe.

  139. Jay says:

    I don’t get this article. These .25% increases by the Fed surely will push some marginal buyers to the sidelines. But the article doesn’t address rising interest rates at all.

    Oh, and I’m starting to see why The Great Pumpkin doesn’t want to to quit his “great job” to try “entrepreneurial” house flipping. All he does all day is apparently comment on this blog. I wouldn’t quit a job that let me do that either!

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