Another month, another jump in prices

From MarketWatch:

Home prices are still on a tear, Case-Shiller says

The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.5% compared to a year ago in March. The 20-city index rose a seasonally adjusted 0.5% and was 6.8% higher than a year ago.

What happened: Home-price growth showed no sign of slowing down. Demand is strong, supply is short and favorable economic conditions are making it possible for many people to bid prices up.

In fact, yearly price gains in the closely-watched 20-city index have accelerated every month since last June. The annual gain in the March report, which actually covers the three-month period ending in March, was the strongest since mid-2014.

Big picture: Many economists have expected headwinds like the recent tax law changes that changed home-ownership itemization, not to mention the sheer lack of inventory, to stifle the housing market, but that hasn’t showed up in pricing yet.

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

129 Responses to Another month, another jump in prices

  1. The Original NJ ExPat says:

    fristy baby!

  2. grim says:

    6 years of continued price appreciation for the NY Metro SFH Market. March over March comparisons, 1 year to 6 years.

    Low Tier
    (Under $305105)
    1yr 8.8%
    2yr 16.8%
    3yr 21.8%
    4yr 27.4%
    5yr 33.5%
    6yr 38.8%
    From Peak (March 2007) – Down 13.1%

    Mid Tier
    ($305105 – $481266)
    1yr 6.3%
    2yr 12.6%
    3yr 19.1%
    4yr 21.1%
    5yr 27.6%
    6yr 30.7%
    From Peak (March 2007) – Down 6.2%

    High Tier
    (Over $481266)
    1yr 3.5%
    2yr 6.4%
    3yr 8.0%
    4yr 10.3%
    5yr 16.7%
    6yr 19.9%
    From Peak (March 2007) – Down 2.9%

    Aggregate
    (Overall Market)
    1yr 5.2%
    2yr 9.8%
    3yr 13.0%
    4yr 15.5%
    5yr 22.0%
    6yr 25.1%
    From Peak (March 2007) – Down 7.3%

  3. grim says:

    Interesting that the Mid and High Tiers will likely be back to peak values by this time next year, low tier still has a bit to go, given that it fell significantly more than the mid/high tiers did.

    Worth mentioning, the NY Metro Condo Index is well above peak, having completely recovered, skyrocketing upwards, and setting new peak pricing every month. The obvious top performing segment, with the high-tier homes following second.

  4. leftwing says:

    CS tiering not really relevant for most of NNJ….high tier is a very big and diverse bucket here…any further breakdown?

  5. leftwing says:

    Good day for the Left…G + B

  6. grim says:

    The real name of the index is the “NY Commuter Tier”, not the NY Metro that I usually call it.

    It’s absolutely relevant for NNJ. NNJ makes up a huge portion of the index. The index is SFH only, thus excludes a significant portion of the NYC housing stock. It basically tracks the donut around NYC. Mssrs Case and Shiller couldn’t have made us a more perfect index.

    Why on earth would you say that?

  7. leftwing says:

    ^^^^^Either the h0rny gov or fat rasc1st name was blacklisted

  8. grim says:

    Yeah not in mod, straight to blacklist.

  9. leftwing says:

    Not disagreeing with conclusion….just noting the bucket is very large for NNJ since most homes are greater than $481k in a large bandwith…..a lot of room between that and $2m…..stat therefore tells me less than I want to know.

    Like giving prostate cancer stats for everyone over 35……trend is valid, but seeing 45+, 55+, 65+ would be more useful…

  10. grim says:

    NY Commuter HPI based on:

    Fairfield CT, New Haven CT, Bergen NJ, Essex NJ, Hudson NJ, Hunterdon NJ, Mercer NJ, Middlesex NJ, Monmouth NJ, Morris NJ, Ocean NJ, Passaic NJ, Somerset NJ, Sussex NJ, Union NJ, Warren NJ, Bronx NY, Dutchess NY, Kings NY, Nassau NY, New York NY, Orange NY, Putnam NY, Queens NY, Richmond NY, Rockland NY, Suffolk NY, Westchester NY, Pike PA

  11. grim says:

    Also keep in mind that the index is being sandbagged by Connecticut, Sussex, Hunterdon, Pike, etc.

  12. grim says:

    Not disagreeing with conclusion….just noting the bucket is very large for NNJ since most homes are greater than $481k in a large bandwith…..a lot of room between that and $2m…..stat therefore tells me less than I want to know.

    The tiers values are adjusted monthly with each release such that 1/3rd of the housing stock falls into the category. This is a repeat sales measure, so given that $1m+ and higher homes are fewer in number, and sell less frequently, they have a smaller overall impact on the movement of the index.

    In some markets where the high tier is too broad, they’ve introduced the “Super High” tier, but I don’t think this is available in the public dataset, and I don’t think this applies to the NY Commuter Index.

    Or in very expensive markets, the high tier represents a significantly higher price, for example San Fran, high tier starts at $1.1 million.

  13. leftwing says:

    My only point grim is limited utility beyond confirmation of the broad trend….you show a similar limitation at 732a.

    Most towns I track have less than 10% of their homes listed at less than $481k (in one town there is currently one out 110 SFH listings).

    Would be interested in a further parsing of data…by amount and location

  14. Yo! says:

    Agree Cash-Schiller is good index. It is same house repeat sales index, so it isn’t skewed by shift in sales mix. Wall Street doesn’t like it because it isn’t real time and doesn’t track many large Sunbelt markets that matter for publicly traded home builders, like Houston.

  15. grim says:

    Sure, but keep in mind as you get more specific, the relevance of the data declines, it doesn’t improve. Counterintuitive, I know, but when you start reducing the transaction set, or moving to simple aggregate statistics, you reintroduce mix shift, sample size issues and other error into the dataset. Sure, the stats accurately describe the recent sales, but they are not representative of the broader market, they are usually so volatile they are useless as indicators.

    The next level down is county-level data.

    But, in Bergen, you are then mixing together Dumont and Saddle River and Hackensack and Alpine.

    Even if you could hone in on price ranges, you risk mixing towns like Franklin Lakes and Ridgewood together, which might not be appropriate. In addition, you’d likely still foul up the top bracket when a $10m house sells in Alpine.

    Go down to the town level, and there are simply not enough transactions to be representative of the broader housing stock.

    You are damned any way you look at it.

    But, for me personally, CS NY Commuter is the absolutely perfect index to track for this area. I’m talking macro level, not market specific.

  16. Very Stable Genius says:

    @tonyschwartz

    The arrest of Harvey Weinstein,
    the resignation today of Eric Greitens,
    the wide ranging impact of #Metoo 
    and the firing of Roseanne following her racist tweet —
    these are all inspiring counterpoints and reactions to Trump.

    Express your outrage every day.
    It helps.

  17. Very Stable Genius says:

    @AP

    BREAKING:

    Missouri Gov. Eric Greitens, ex-Navy SEAL once seen as rising Republican star, resigns amid extramarital affair scandal.

  18. Very Stable Genius says:

    chicken littles the sky ain’t falling after all

    grim says:
    May 30, 2018 at 6:41 am
    Interesting that the Mid and High Tiers will likely be back to peak values by this time next year, low tier still has a bit to go, given that it fell significantly more than the mid/high tiers did.

  19. grim says:

    CNN reported on Roseanne, exclusively, for nearly 16 hours straight yesterday. The main focus of at least a half a dozen “reporters”.

    Why is this news, who f*cking cares? How is there even 16 hours worth of discussion on this.

    I just put CNN back on this morning, they are STILL TALKING ABOUT THIS.

    Holy f*ck.

  20. Very Stable Genius says:

    @matthewamiller
    You just can’t expect to say blatantly racist stuff and expect to keep your job unless you’re the president of the United States.

    grim says:
    May 30, 2018 at 7:59 am
    CNN reported on Roseanne, exclusively, for nearly 16 hours straight yesterday. The main focus of at least a half a dozen “reporters”.

    Why is this news, who f*cking cares? How is there even 16 hours worth of discussion on this.

  21. nwnj says:

    Grim, it’s more fake news and an effort to deflect. We all know roseann is a progressive democrat. They built a party on identity. It’s obsession with them.

  22. Bagholder says:

    U.S. GDP Growth Revised Down to 2.2% Rate in First Quarter-WSJ.

  23. grim says:

    Grim, it’s more fake news and an effort to deflect.

    Great, racist pigheaded idiot fired for saying something on social media, one of hundreds of examples.

    However, that has nothing to do with the coverage. CNN is obsessed with it because the success of the show was widely touted as evidence of broad-based support and approval for Trump. So it has absolutely nothing to do with newsworthiness and absolutely everything to do with their own schadenfreude over her being fired. So we get 18 hours straight of CNN wallowing in their own self-satisfaction.

  24. Very Stable Genius says:

    @MuslimIQ

    The Right Yesterday:
    •How dare athletes use their platform to protest police brutality. This isn’t about free speech. Shut up and play.

    The Right Today:
    •How dare anyone stop Roseanne from using her platform to express herself. What happened to free speech?

  25. Ottoman says:

    When you support capitalism, you support decisions based on profit potential, not what is true, or makes the most sense, or is best for society as a whole to focus on. That goes for corporate owned capitalist media too. Not surprised you don’t understand this.

    grim says:
    May 30, 2018 at 7:59 am
    CNN reported on Roseanne, exclusively, for nearly 16 hours straight yesterday. The main focus of at least a half a dozen “reporters”.

  26. grim says:

    Fairly sad, because I watched CNN for years, I loved CNN, it was a fixture, it represented the pinnacle in news. When I wanted to know what was going on in the world, I put on CNN, for hours at a stretch. The best reporters, the best coverage.

    Now, it’s unwatchable, it’s the Trump News Network. Fine, I get it, but nonsensical over coverage of barely newsworthy topics at the expense of reporting on anything else? It’s a bunch of celebrities, not journalists, babbling on for hours about the same shit, because they don’t report news, they host shows, and they are on every night for an hour, so they need to find an hours worth of shit to babble about.

  27. Ottoman says:

    Thank goodness the few banking regulations reinstated after the last financial collapse are being dismantled. Smooth sailing ahead.

    grim says:
    May 30, 2018 at 6:41 am
    Interesting that the Mid and High Tiers will likely be back to peak values by this time next year, low tier still has a bit to go, given that it fell significantly more than the mid/high tiers did.

  28. nwnj says:

    The Roseanne reboot is a creation of the left. A caricature of a trump voter dreamed by by some bama voter, the same people writing the fake news for cnn. It’s a big circle jerk of self reinforcement between fake news, Hollywood and their believers.

  29. nwnj says:

    See. We told you so.

  30. grim says:

    Not surprised you don’t understand this.

    I understand it completely, and I’ve said it 100 times before.

    The day that journalists became celebrities, was the day that factual, objective, reporting of the news died. News became Media became Entertainment. Now, it has nothing to do with journalism, and certainly nothing to do with reporting of the truth.

  31. grim says:

    Not for nothing, but when Cronkite died in 2009, he had a net worth of $20 million.

    The most trusted man in America. Yes, he was astounding wealthy, but he was arguably the most successful news anchor of all time.

    Anderson Cooper is already worth $100 million, and none of that is from his mom, multimillionaire Gloria Vanderbilt.

  32. D-FENS says:

    Roseanne was number one in ratings. I don’t ever remember the number one rated show being cancelled at the peak of it’s success.

  33. leftwing says:

    And, worse, they keep finding ways to ‘showcase’ Cooper even on ‘serious’ news shows.

    I knew 60 Minutes jumped the Media/Entertainment threshold when they did a segment where Cooper (quite unnecessarily) went scuba diving with some alligators. Lots of prep shots, in wetsuit, perfect hair…..

    Maybe taking the cake is the Times. Really sad. Paper of record….?

    Under the radar on Memorial Day…two items…they re-tweeted the ‘separated children’ photo that was 2014 as current….then they went on TV to defend a twisted headline as the fault of the process….following Trump calling them out saying the summit was dead they justify it by referencing a specifically unattributed comment of the ‘summit being 10 minutes away’. That comment obviously conveys the tight timeline, on their own from that they derived “Summit Dead’ and ran with it. When called out they had the chutzpah to publicly defend the the bad headline…Zero desire even to accurately report (headlines!) by the former paper of record…..

    It’s amazing….media so hate Trump any fact checking has gone out the window.

  34. leftwing says:

    Would be interesting to me to see if some indie picks up Roseanne…..Netflix, etc.

    Problem may be rest of the cast, at least Goodman and Gilbert would get otherwise blacklisted…

    May be doable for them under the guise of preserving all the staff jobs with another huge helping of mea culpa from Barr……

  35. grim says:

    Ideal location for redevelopment in Wayne is the old Wayne “downtown” with the train station and express bus stop.

    Lots of vacant property, poor use.

    Some flood remediation and it would be ideal.

  36. grim says:

    The toys campus is not ideally located for anything but high end homes.

    It’s literally at the intersection of the furthest possible points from 287, 202, 208, and 23, and 80.

    It is completely surrounded by residential, and requires driving through at least 15 minutes of residential to get to.

    It is not likely that the local residents would approve anything.

  37. leftwing says:

    Trying to post link and commentary on zillow moving into reno business. Fukcing blacklist killing me today. No time to figure out.

    Here’s the listing. First one of 20 in pipeline. Scratching my head on this move.

    https://www.zillow.com/homes/6630-S-Nash-Way,-Chandler,-AZ-85249_rb/

  38. chicagofinance says:

    Unknown what eventual impact this Rosanne thing will have, if any. However, if I were the left, I would not be dancing on her grave. I would turn the page as quickly as possible. This situation will only cost them votes in November. There is no upside for them.

    grim says:
    May 30, 2018 at 9:58 am
    Grim, it’s more fake news and an effort to deflect.

    Great, racist pigheaded idiot fired for saying something on social media, one of hundreds of examples.

    However, that has nothing to do with the coverage. CNN is obsessed with it because the success of the show was widely touted as evidence of broad-based support and approval for Trump. So it has absolutely nothing to do with newsworthiness and absolutely everything to do with their own schadenfreude over her being fired. So we get 18 hours straight of CNN wallowing in their own self-satisfaction.

  39. grim says:

    And I’m sure there will be cries of turning the Toys campus into a park.

    Wayne can’t afford it.

    However, Passaic County might try to take a stab at it, they can’t afford it either. State park might be an interesting compromise.

    Cue Jeff Tittel of the Sierra Club.

  40. The Original NJ ExPat says:

    grim – do you download the CS data from spindices.com?

  41. grim says:

    $425k for a tract house in Chandler? Right.

  42. Juice Box says:

    re: “toys campus”

    From the aerial Maps on Zillow the adjacent neighborhoods aren’t exactly high end, Lot’s of older homes and above ground pools in the 300-400s range, mixed in with Whiskey Tango properties…

    A developer would get more bang for the buck doing higher density, the town will want their rateable period….

    https://www.zillow.com/homes/for_sale/41.008435,-74.233203,40.95446,-74.288135_rect/13_zm/1_fr/

  43. grim says:

    Pines Lake is the home price driver in the area – it’s the highest priced area in Wayne.

    Lions head is an older development, small capes, small lot sizes.

    Most of the Toys lot, proper, borders Pines, not Lions head. The Geoffrey way exit leads into Lions head – and is not the primary in/out for the property.

  44. 1987 Condo says:

    No need to hold your breath on the Toys R Us redevelopment, Essex sold the Hilltop property in 1995, although the Verona and North Caldwell sections have been developed, the Cedar Grove section is just being worked on, some 23 years later…..

  45. grim says:

    New construction in a new planned community priced at $999-$1.2 would very easily move.

  46. Juice Box says:

    Speaking of Roseanne, Am*bien has made people do some wild things.

    Ambien tweeted out something today about their drug not making people wacist. They should really keep their head down before people start telling their “when I was on amb*ien” stories.

  47. grim says:

    Sanofi tweet made me piss my pants. I don’t know if their legal or marketing teams reviewed that prior to it going out, I’m suspecting they did not, but it’s hilarious.

  48. The Original NJ ExPat says:

    I consulted at that location for a while back in the late ’90’s. The funny thing was that United Water (before being acquired by SUEZ) had this beautiful, pristine, water front property…yet they allowed smoking everywhere around the building. While I was there they just recently changed the rules that said you could no longer smoke in cubes, only in offices. There were many common areas, including the cafeteria where you could still smoke if you were a cube dweller.

    The other thing was it seemed like the vast majority of the white collar crowd all had company cars, even if you didn’t leave the building ever on business. All Ford products. The parking lot would be near empty at 8AM and completely full at 8:30AM, then empty again by 4:30PM. Utilities are very relaxed places to work, generally.

  49. The Original NJ ExPat says:

    Hackensack Water became United Water which bought up little, almost Mom & Pop, water utilities all across the country and then packaged the whole shebang up to sell to SUEZ.

  50. Juice Box says:

    Grim Passaic Valley water Commission owns Point View reservoir. Pines Lake is an unincorporated community on a lake in Wayne, so big difference… Pines Lake has several community beaches on the lake and an active community life, centered on swimming, tennis, and sail boating, and that figures into the price. That won’t be the case with Point View reservoir where there will be a fence and if you are lucky a permit to fish once in a while. Wayne supposedly has 50% vacant commercial now and apparently and the zoning board refuses a new, master redevelopment plan.

    This is so last century and is going to make local property taxes go way-way up as commercial rateables continue to vanish.

    Just read this crap.

    “The comprehensive Master Plan is the Planning Board’s most important tool in guiding the physical environment. The Township of Wayne prepared its last comprehensive Master Plan revision in 1978 and adopted reexamination reports in 1982 and 1988. Also in 1988, a Master Plan Policy Report was prepared which recommended significant changes to the Master Plan and Zoning Ordinance. The 1988 Master Plan Reexamination Report confirmed the need for a revised Master Plan to reflect the recommendations set forth in the Master Plan Policy Report. These past planning documents have been reviewed in the preparation of the 1994 Wayne Township Master Plan.”

    http://www.waynetownship.com/planning-masterplan.html

    You better run for Mayor or perhaps GULP Pumps…..

  51. grim says:

    It was American Cyanamid, not United Water.

  52. chicagofinance says:

    8. CONCENTRATED AT THE TOP – Prior to the 2007 global real estate
    crisis, 24% of the “housing wealth” in the United States (i.e., real
    estate equity) was owned by American seniors at least age 60.
    Today, 41% of the “housing wealth” in the United States is owned
    by American seniors (source: Federal Reserve Bank of New York).

  53. grim says:

    Craziest company I ever had a meeting at was Phillip Morris in the late 90s.

    Sitting in the board room, basically as a kid, every seating position had a note book, a pen, a glass of water, and an ash tray. There were a pile of packs of Marlboros on the credenza. Everyone smoked, everywhere. For the work we did with them, we allowed smoking indoors as well.

    I remember by 2002, we were doing work for them in Delaware, where the Clean Indoor Air act was in the process of being passed.

    They threatened to pull the business from us, and out of Delaware entirely if the law passed.

    It did, they didn’t, but it was clearly the end of an era.

  54. grim says:

    Pretty sure the credenza was full of whiskey too.

  55. chicagofinance says:

    I’ve had reason to be at HQ for NJNG in Wall several times. A complete throwback to the 1980’s……. kind of nostalgic in a way…… just a simple meeting starting at 8:15AM, and we had a full hot breakfast with many choices……. equivalent of a solid buffet at any decent business hotel.

    The Original NJ ExPat says:
    May 30, 2018 at 12:31 pm
    I consulted at that location for a while back in the late ’90’s. The funny thing was that United Water (before being acquired by SUEZ) had this beautiful, pristine, water front property…yet they allowed smoking everywhere around the building. While I was there they just recently changed the rules that said you could no longer smoke in cubes, only in offices. There were many common areas, including the cafeteria where you could still smoke if you were a cube dweller.

    The other thing was it seemed like the vast majority of the white collar crowd all had company cars, even if you didn’t leave the building ever on business. All Ford products. The parking lot would be near empty at 8AM and completely full at 8:30AM, then empty again by 4:30PM. Utilities are very relaxed places to work, generally.

  56. The Original NJ ExPat says:

    I’m getting burned bad in mod today.

  57. The Original NJ ExPat says:

    This is the place I worked, I’m in mod all over the place:

    https://goo.gl/SCrMNQ

  58. chicagofinance says:

    We won defined contribution business from RJR Nabisco in early 1990’s because we covered up all the No Smoking signs in the building and they noticed.

    grim says:
    May 30, 2018 at 12:45 pm
    Craziest company I ever had a meeting at was Phillip Morris in the late 90s.

    Sitting in the board room, basically as a kid, every seating position had a note book, a pen, a glass of water, and an ash tray. There were a pile of packs of Marlboros on the credenza. Everyone smoked, everywhere. For the work we did with them, we allowed smoking indoors as well.

    I remember by 2002, we were doing work for them in Delaware, where the Clean Indoor Air act was in the process of being passed.

    They threatened to pull the business from us, and out of Delaware entirely if the law passed.

    It did, they didn’t, but it was clearly the end of an era.

  59. grim says:

    Yeah I know that property too, it’s scenic too.

    Nothing beats the Kraft campus on the River in Tarrytown though, god damn that’s some beautiful real estate, nestled in between a bunch of old Rockefeller homes.

  60. The Original NJ ExPat says:

    I had an interview at Philip Morris in the early ’90’s, Manhattan. It was the weirdest interview and the whole office had a very off-putting vibe. It felt like a criminal operation. The guy who interviewed me, and this is for a tech job, literally said this:

    “We’re looking for guys who can talk the talk, I don’t much care whether you can walk the walk or not. What you say is more important than anything else.”

  61. chicagofinance says:

    FUTURE TAXPAYERS – There were 3.853 million births in the
    United States in 2017, the smallest number of births since 1987 or
    30 years ago. The nation’s “general fertility rate,” defined as the
    number of births per 1,000 women between the ages of 15-44,
    was just 60.2 births, a record low rate for birth data that has been
    tracked nationally since 1909 or for the last 109 years (source:
    National Center for Health Statistics).

  62. The Original NJ ExPat says:

    They need to change their methodology if they aren’t counting births for girls under age 15.

  63. chicagofinance says:

    THE REALLY RICH – The top 0.1% of US taxpayers (i.e., top 1 out of
    every 1,000 taxpayers) paid 19.5% of all federal income tax that
    was collected nationwide for the 2015 tax year (source: Internal
    Revenue Service)

  64. Fast Eddie says:

    There were 3.853 million births in the
    United States in 2017, the smallest number of births since 1987 or
    30 years ago.

    Men are turning into p.ussies. They can’t perform or have no libido. Vegan soy boys.

  65. Yo! says:

    Best bet for Toys site is active adult paradise, with a mix of townhouses, rental apartments, detached single family houses, and activity center. There is shortage of these communities in the New York City and Northeast NJ area.

    This is a feasible project financially and politically. The mayor should get on the project pronto and get the land rezoned quick. Toll Brothers could finance, build, and sell the whole thing, but probably won’t buy it out of the bankruptcy process unless they know what unappealable building rights they have.

  66. Fast Eddie says:

    Best bet for Toys site is active adult paradise

    Plato’s Retreat West?

  67. chicagofinance says:

    1989 Fan Promotion – LUIS POLONIA NIGHT AT YANKEE STADIUM

    Every girl under 16 gets a free hot dog.

  68. leftwing says:

    Always loved doing offerings for noobs back in the day. Either wondrous eyes over the food, travel, hotels, etc. or they ‘demanded’ it.

    Remember one guy in particular who ‘insisted’ a few legs of the roadshow have a private jet. NP. Call ECM, let them know client is on speaker and ‘insists’ on ‘our’ jet. They lick his ba11s – of course we can do that – lease the legs, and throw it on our expenses. Of which we are 100% reimbursed by the client. LOL. Fcuking guy nearly had a heart attack when the final numbers were in.

    Like cognac? Great, ever have Louis XIII? Oh, and if we finish the bottle we get to keep the decanter, it’s Baccarat! Tee ’em up. Sure!

    LA, oh nowhere but the Peninsula….

  69. 3b says:

    Fast I think you should ease up on these young people many are loaded down with student loan debt plus high cost of housing and day care. I am very grateful I did not have to put my kids in day care from 7 to 7 like so many people do today. It was not easy I’m the beginning but certainly doable. A little compassion and understanding for these parents today would not hurt. Your own kids may face the same hurdles when it’s their turn.

  70. LurksMcGee says:

    Grim,

    In regards to Phillip Morris. Last year, I had an extensive project with Altria down in Richmond, Va.

    They still smoke indoors, but its a lot more tame. There’s just a general designated area to smoke and all of the conference rooms are generally smoke free. Made me think their offices were like MadMen times back in the day.

  71. grim says:

    Best bet for Toys site is active adult paradise

    All you need to bring, is your love of everything

  72. The Original NJ ExPat says:

    LOL. Roseanne is blaming Ambien. Sanofi stated that racism is not a side effect of their drug.

    I think this Roseanne kerfuffle has more effect than might be realized. Nobody can dare say a thing about her show being cancelled without being branded a racist themselves. The left has the right on this, hands down. Dare you offer a contrary opinion on what DIS did or, horrors, compare it to what a culture god like Colbert does every night, you may lose your own job. Just like in the Obama years, people will do what they are told, STFU…and then vote against their silencers.

  73. The Original NJ ExPat says:

    The marketing is built in. All you have to do is mention the phrase Adult Paradise…you just can’t help but have Passaic County jump, uninvited, into your mind next.

    Best bet for Toys site is active adult paradise

    All you need to bring, is your love of everything

  74. Fast Eddie says:

    3b,

    That’s not where I was going with that remark but I do feel their pain. They have a tougher road for sure. What I was alluding to is the increasing number of young men who are way too weepy and pampered. I pulled out a picture of my Dad on Memorial Day of him on a tank. I told myself that that was the day when men were men. It happened to be his birthday, too.

  75. The Original NJ ExPat says:
  76. The Original NJ ExPat says:

    Read Halsey’s Typhoon if you are interested in what 20 year old men used to be capable of.

    https://www.amazon.com/Halseys-Typhoon-Fighting-Admiral-Untold/dp/0802143377

  77. No One says:

    Rebuild ToysRUs site as SoDoSoPa
    https://www.youtube.com/watch?v=miXMWJyOdgw

  78. 3b says:

    Fast on that I would agree with you. My Dad an immigrant was drafted for Korea after being in the country less than 1 year! Two choices go or go home but good luck trying to come back. And so he went and he was so proud of his service to this country. That of course could never happen today.

  79. Mike S says:

    Now that there is this big push towards urban areas, is this a NET positive for more ‘country homes’ such as catskills, greenwood lake, warwick, other hudson valley towns, etc?

    A place where people can get some peace and quiet?

  80. The Original NJ ExPat says:

    Fox News Steamrolls Cable News Competition With Big Win In May Ratings

    In ratings data released Wednesday by Nielsen Media Research, FNC extended its run of consecutive months at number one to a staggering 197, while building hitting another impressive milestone: Fox News Channel has now beaten every other network in basic cable for 23 months straight, based on total day ratings, with an average total day audience in May of 1.4 million viewers.

    In prime time, Fox News destroyed its competition, with an average total audience of 2.381 million viewers, compared to MSNBC’s 1.384 million and CNN’s 835,000. Among viewers 25-54, the group most coveted by advertisers, FNC shook off a challenge in recent months from MSNBC to claim a clear victory: 461,000 viewers, well ahead of MSNBC (329,000) and CNN (265,000).

    https://www.forbes.com/sites/markjoyella/2018/05/30/fox-news-steamrolls-cable-news-competition-with-big-win-in-may-ratings

  81. Yo! says:

    Mike S, the trend is away from buying rental homes in rural areas toward renting them for short periods. Demand for renting rural homes could be rising though, as people don’t want the cost and headaches and expenses of buying and maintaining them, but still enjoy the getaways and use Airbnb and similar services.

  82. Californicator says:

    12:02 it’s all bullshjt – Once the economy ranks nobody in I’ll give two shits about Trump. He’s going to tank it. He has no choice. It’s his destiny to FAIL and lose people’s money. Watch.

  83. Californicator says:

    Ranks=Tanks

  84. Very Stable Genius says:

    @robreiner

    ABC has done the right thing.
    They’ve stood up against racism. It is our country’s original sin.
    But this is 2018 and it has no place in the hearts of decent people.
    Unfortunately our president has stoked these evil fires.
    If he doesn’t applaud ABC, he will continue to stoke evil

  85. The Original NJ ExPat says:

    Californibator is now a card-carrying liberal lemming with the same shared dream. Failure.

  86. Very Stable Genius says:

    @laurenduca

    Eric Greitens is accused of horrifying sexual misconduct, including physical assault and blackmail.
    Referring to that behavior as an “extramarital affair” is like calling murder a “life annulment.”

  87. Yo! says:

    New York City metro area condo prices are 20% higher than 2006 peak.

  88. The Original NJ ExPat says:

    A steaming load of sh1t and a meatball sub had a baby=rob reiner

  89. Very Stable Genius says:

    @RVAwonk

    Just a reminder that Eric Greitens allegedly forced a woman to perform sexual acts while she cried “uncontrollably,” spit in her mouth when she refused to kiss him, hit her on multiple occasions, and blackmailed her by threatening to show everyone “what a little whore you are.”

  90. The Original NJ ExPat says:

    In Missouri they just call that foreplay.

  91. The Original NJ ExPat says:

    Why do you think it’s called the “show me” state?

  92. grim says:

    I’m not sure who Mr. Greitens is, but he sure sounds like a hollywood democrat.

  93. No One says:

    Sounds like Eric Schneiderman
    Did RVAwonk, whoever the heck that is, tweet his activities as well?
    I want him to detail next what Bob Mendendez said to all those young Dominican ladies.
    Politicians are generally the sleaziest liars and hypocrites.
    If only Greitens had been romancing a 17 year old boy in Italy, he could have received a standing ovation and an academy award for bravely exploring their forbidden love.

  94. Mike S says:

    Yo! – I definitely agree, there is money to be made there.

  95. LurksMcGee says:

    Very Stable Genius,

    He’s already pivoted away from applauding ABC to simply making it about himself………again.

  96. Fast Eddie says:

    And yet, Keith Olberman works for the same company as Roseanne.

  97. Fast Eddie says:

    As does Joy Baher and Whoopty Goldberg.

  98. D-FENS says:

    Wow just looked that up. Can’t believe a corporation said that! Not smart. Now everyone is going to be talking about all of their ambien sleepwalking trips. Not a good PR move.

    grim says:
    May 30, 2018 at 12:24 pm
    Sanofi tweet made me piss my pants. I don’t know if their legal or marketing teams reviewed that prior to it going out, I’m suspecting they did not, but it’s hilarious.

  99. The Original NJ ExPat says:

    According to this, the Sanofi tweet was agreed upon by committee and approved by legal. I told you young people are dopes these days.

    https://www.fiercepharma.com/marketing/sanofi-s-forthrightly-clever-tweet-responding-to-actress-charge-ambien-fueled-her-racist

  100. The Original NJ ExPat says:

    So more Dems will be eating more Ambien and more regular people will be voting “R” in the midterms.

  101. The Original NJ ExPat says:

    @DRUDGE

    AMBIEN SIDE EFFECTS @SanofiUS
    Rapid heartbeat
    Vomiting
    Diarrhea
    Impaired vision
    Slow breathing
    Memory loss
    Disorientation
    Depression, suicidal thoughts
    Anxiety
    Insomnia
    Nightmares
    Confusion
    Dizziness
    Aggression
    Addiction
    Withdrawal, which can be life-threatening

  102. 1987 Condo says:

    Any recommendation for AC repair in north jersey?
    Thanks!

  103. chicagofinance says:

    Had a closing dinner for a mega bond deal about 20 years ago at La Grenouille with teams from Merrill and Salomon. It was stunning how the SMD’s tried to out douche bag each other…..it was a hotly contested race. The Salomon guy took the prize by giving the CFO of AT&T a bottle of JWBlue and chastised him for drinking shItty Red in front of the entire room. The CFO had steam coming out of his ears and tossed the bottle back at Solly guy saying I drink Red in honor of my father.

    Fcuking Priceless.

    leftwing says:
    May 30, 2018 at 1:17 pm
    Always loved doing offerings for noobs back in the day. Either wondrous eyes over the food, travel, hotels, etc. or they ‘demanded’ it.

    Remember one guy in particular who ‘insisted’ a few legs of the roadshow have a private jet. NP. Call ECM, let them know client is on speaker and ‘insists’ on ‘our’ jet. They lick his ba11s – of course we can do that – lease the legs, and throw it on our expenses. Of which we are 100% reimbursed by the client. LOL. Fcuking guy nearly had a heart attack when the final numbers were in.

    Like cognac? Great, ever have Louis XIII? Oh, and if we finish the bottle we get to keep the decanter, it’s Baccarat! Tee ’em up. Sure!

    LA, oh nowhere but the Peninsula….

  104. Californicator says:

    3:03 no but I like trolling you for fun.

  105. Californicator says:

    At least I realize how completely f’ed everyone is…regardless.

  106. Californicator says:

    My Trust of Trump’s vision? Nonexistent

  107. leftwing says:

    lol, yeah always bet the former solly guy for winning d-bag

  108. Californicator says:

    Wildwood is absolute shit. Like a parking lot with sand. Hideous .

  109. leftwing says:

    yeah, the chick in wildwood is an idiot.

    but police can’t force a breathalyzer, only in the case of a dwi with personal injury and even then i believe only with a warrant.

  110. Californicator says:

    by 2022 $80b of legal cannibus projected to be sold in the US.

  111. grim says:

    n 2015, 189,000 New Jerseyans collectively paid $93 million, or roughly $500 in fees, rather than comply with the individual mandate, according to IRS data collected by the research institute, New Jersey Policy Perspective.

    The fees collected under the new state law would be deposited into the New Jersey Health Insurance Premium Security Fund, which is created by the second law Murphy signed, (S1878).

  112. Hold my beer says:

    Does NJ have a tax on disposable plastic and paper bags yet?

  113. grim says:

    Alredy been floated by Murphy, only problem is N.J. hates the idea, Democrats included.

  114. Libturd says:

    Did anyone here catch the Roseanne interview on Stern that she did to promote the new show? She was definitely off her rocker, so much so that I nearly reported it here. She might be on more than Ambien. I thought she might had been drunk.

  115. Comrade Nom Deplume, surfacing briefly for air says:

    Holy fcuk, nothing changes around here.

    After 8 weeks of preparation hell, first settlement conference done today. My hearing for tomorrow in Brooklyn (different matter) got converted to a telephonic one. I suppose that’s good because I am trying to finish off this mountain of work on these that I’ve been moving for the past six weeks and that saves me six hours of driving.

    Going to Playa del Carmen on Saturday for a week of diving with a stacked Polish OB/GYN (and rescue diver) 13 years my junior. I will absolutely be out of cell range.

  116. Libturd says:

    Nice. Have fun!

  117. The Original NJ ExPat says:

    Picture of Nom’s Polish diving partner:

    http://www.wreggie.com/2012/07/

  118. The Original NJ ExPat says:

    ^^^ find the text I dove with on that page.

  119. Libturd, AKA Dr. Howie Feltersnatch says:

    He is stacked!

  120. leftwing says:

    Nom, thought you were married?

  121. leftwing says:

    Statements like below from insurance article are as blatantly false and insulting as many of Trumps lies.

    “State Sen. Joseph Vitale, D-Middlesex, one of the prime sponsors of the law, said keeping the mandate “was needed to maintain a foundation for the insurance market and to allow the success of the ACA to continue.”

    Trump’s actions “will usher in an era of higher health insurance costs for everyone and lower health coverage rates. We want to protect New Jersey from the negative impact,” said state Sen. Troy Singleton, D-Burlington, also a sponsor.”

  122. NJdepartment says:

    NEW YORK (CNN/Money) � Anyone looking for signs of weakness in the real estate market will be disappointed, according to the National Association of Realtors.
    A record number of metropolitan areas � 62 out of 129 � experienced double-digit home-price gains between the first quarter of 2017 and 2018. The previous record was set during the second quarter when 49 metros were up 10 percent or more. (Table: See all the markets.)
    “With more buyers than sellers nationally, what we’re seeing is a natural pressure on home prices as buyers compete to bid on available properties,” said NAR chief economist David Lereah. “Fortunately, the historically low cost of debt service on a home purchase means that we have a comfortable buffer in most of the country because the typical family can afford to buy a home well above the median price.”
    Lereah’s new book, “Are You Missing the Real Estate Boom?” (Currency/Doubleday), is scheduled to be released in March and predicts that real estate investments will climb through the end of the decade.
    Las Vegas topped the list as the market with the greatest appreciation over the past 12 months, with a 47.3 percent gain. In San Bernardino and Riverside counties in California, prices were up 34.7 percent.
    But Florida is stealing some of the limelight from California. Six of the top 10 markets for the fourth quarter were in the Sunshine State. Prices in West Palm Beach and Boca Raton increased 34 percent over the past year, while in Bradenton they were up 32 percent.
    “The Boomers are in their peak earning years, buying second homes and retiring to Florida,” said Lereah. “We’re seeing a lot of development and a lot of building but demand is greater than supply.”
    As for California, “appreciation there is still healthy,” said Lereah. “Realtors there say that there is still very little supply of homes for sale.”

  123. NJdepartment says:

    This is not for 2018.. but from 2004. Looks like its happening again

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