From DS News:
Fannie Mae: ‘Lock-in Effect’ Amplifying Housing Shortages
While the annual rate of increase in home prices slowed dramatically as a result of inflated interest rates, single-family home prices increased at a non-seasonally adjusted annual rate of 4.7% from Q1 2022 to Q1 2023, down from the previous quarter’s revised annual growth rate of 8.6%, according to Fannie Mae’s latest Home Price Index (FNM-HPI) reading, a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States — excluding condos.
On a quarterly basis, home prices rose a seasonally adjusted 1% in Q1 2023, above the 0.0% growth seen in the prior quarter. On a non-seasonally adjusted basis, home prices also increased by 1% in Q1 2023.
“As expected, the annual rate of increase in home prices has slowed dramatically in response to the rapid and significant increase in interest rates,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist. “Still, the fact that prices rose slightly in the first quarter is evidence of significant pent-up mortgage demand, despite ongoing affordability constraints. Even though mortgage rates remain elevated compared to the previous few years, the acute lack of housing supply remains supportive of home prices. Of course, the shortage of homes for sale is currently being exacerbated by the so-called ‘lock-in effect,’ which continues to disincentivize huge numbers of households with low mortgage rates from listing their homes.”
First
Rather be locked in ….than locked out
Not impressed…
New York ranked wealthiest city on the planet with 340,000 millionaires
Millionaire is such a quaint label. A million ain’t what it used to be.
New York ranked wealthiest city on the planet with 340,000 millionaires
A mere bag of shells. Peanuts, Alice. Peanuts!
BREAKING
Fox News agreed to pay Dominion Voting Systems $787.5million last night in an 11th-hour settlement, averting a defamation trial about the network’s coverage of the 2020 presidential election.
Former NJ Govenor Chris Christie may run in 2024 per NY Times article this morning..
Here is the actual interview from Yesterday. Looks like he has been eating too many Taylor Ham Egg and Cheese again. Looks tired and worn out. I dbout he could even get 2 % in an already crowded field of Desantis, Trump, Nikki Haley, Tim Scott , Asa Hutchinson, Marianne Williamson Vivek Ramaswamy, and Corey Stapleton.
Here is the interview. He knocks everyone.
https://youtu.be/H3xSnrb2h6Q
CNN any better?
Settled for $275 million in damages in the lawsuit from Nicholas Sandmann. They and their producers, anchors, and reporters falsely attacked, vilified, and bulled a minor child.
He also had several other lawsuits against media compaines too. Not sure how much more he got be he can probably by his own Gulfstream 600 by now.
Juice,
You believe that there is a valid comparison between those 2 lawsuits? Both maybe about media abusing their power, but that is where the comparison ends. The impact from falsely undermining the validity of a presidential election stretches far beyond the damage done to an individual.
Old – Valid? My point is about truth, as well they don’t do well with that regardless of what ideology or political position they choose when informing the public about current events.
I have known a producer for one of the big six media companies for decades now. I can tell you now from our conversations that most of deception when you watch ANY of the MSM news channels is intentional.
They indulge in false equivalence all the time. I follow the mainstream media, but I don’t limit myself to it, and more importantly the public should not rely on it as gospel truth as being objective and non-partisan as is not what they do it as does not sell advertising. Ever single talking head on MSM TV has built their entire career out of an understanding and promoting that reality and if they go off script they get the plug pulled immediately.
What both lawsuits have shown to the public is this fact, that the MSM cannot be trusted, and you should also look elsewhere as the real truth lies somewhere in-between.
Is that the Indian vs Kid kid?
Because if it was, the court got it all wrong. What was it, three buses of Jesus freaks vs. a mentally ill Indian with a little drum? The court fingered the wrong bully. Kid is lucky CNN decided to turn a nothingburger (still love that term) into the next Big Mac.
I agree with your MSM screed though. These are not news networks. They are conjecture content creators.
Lib – here is another story about a kid.
I am not so sure the MSM got it right. I read what was reported to the police, and why they let him go in first place and did not make a referral to the DA to prosecute. It was dark and past his bedtime 10 PM at night and the kid was ringing the doorbell and trying to open the door. This is in the police reporting. I don’t think the 84 year old man should have shot him for sure. But you cannot say he was was NOT frightened. It’s in the police report. Does that make him wacist? I am not so sure.
I am glad to hear he is ok and home and now wealthy and will be going to the White House. Not that same outcome for the girl in NY state. You can thank the MSM reporting for the difference.
https://www.gofundme.com/f/nf36y-cover-medical-expenses
“ Months before Dominion filed its defamation claim, Smartmatic, another voting machine company, filed its own, demanding $2.7 billion in damages. Fox denied wrongdoing, saying it had simply reported on newsworthy allegations coming from Mr. Trump.
A day after the Smartmatic suit was filed, Fox Business canceled the show of Lou Dobbs, who was named as a defendant. A New York appeals court denied Fox’s request to dismiss the case in February. A New York judge last month agreed the case could proceed.
In March, Abby Grossberg, a Fox News producer who had worked with Ms. Bartiromo and Mr. Carlson, filed two lawsuits, in Delaware and in New York. She accused Fox of coercing her into giving misleading testimony in the Dominion case and of creating a hostile, discriminatory work environment.”
Abby Grossberg and her attorney are no better. She wants money not the truth. She allowed ABC news to review her two recordings between Senator Ted Cruz and Maria Bartiromo and some other recordings made a few days after the 2020 election of purported discussions on purported Dominion interference . Both recordings are probably stolen, and she and her Attorney used them to coerce money from FOX and Rupert Murdoch to settle her lawsuits. But she did not allow ABC to air the recordings or write what they contained as she would lose any leverage in her own lawsuits. How is that any different than extortion? Oh wait it’s all legal…
The (good) movie “How to Marry a Millionaire” was released in 1953. Adjusted for inflation, $1m in 1953 equals $11.3m now. To be safe, gold-diggers should now seek prospects with at least $10m of liquid assets beyond valuable homes and other less liquid assets.
NoOne…..
How many single men would that be in the entire country? Less than 10,000 perhaps…How many of those are even under 50 years old? A few thousand at best?
Juice,
Do you take everything that is in a police report as fact? Just yesterday I posted a true story about my own life with lies my ex had done.
I have read my own police reports- some had errors that were beyond stupid. No reason for me to lie. Weren’t even things that would affect an outcome. It was just written wrong-no malintent.
We, and the courts, take that paper as gospel. In the legal system it is. But in the real world many of those documents should be recycled to wipe the feces off your anus in the morning.
I’ve seen it. I’ve lived it. I know how it works.
Abby Grossberg wants money. Where is the surprise? It’s America, where being rich is the only thing that matters.
Life has no value here, just look at what the corporations do to individuals.
Just remember you are an expendable collection of cells and that is all that you are-and somewhere an actuary has already put a price on you.
To be safe, gold-diggers should now seek prospects with at least $10m of liquid assets beyond valuable homes and other less liquid assets.
Today’s females are lucky to find a young guy that isn’t living in his mommies basement. And the guys that aren’t don’t want to be tied to a woman that may or may not bankrupt them when they get annoyed that you left a sock on the floor.
Same type of fella that committed the driveway shooting.
https://en.wikipedia.org/wiki/Murders_of_Haile_Kifer_and_Nicholas_Brady
Phoenix – There is apparently video cameras installed at the home. Will have to wait until video comes out, if ever. The old man is out on bail now, hopefully he is in hiding as the mob has already tried to wreck his house and I would not be surprised if it burns down this weekend.
https://www.newsnetmedia.com/story/48740752/kansas-city-man-charged-in-frontdoor-shooting-of-teen
Police report also says the kid says he did not pull the door handle.
Everything in the police report is the truth, so which story are we to believe.
Anyone wanna take a guess on how many times we hear “AI” on the Tesla earnings?
Don’t bother coming to the office.
“Meta told its North America-based employees to work from home Wednesday as it geared up for a second round of layoffs that will immediately cut 4,000 jobs — part of a plan to eventually cull 10,000 jobs.”
The biggest fake news story today is the one that’s not being told. No, not the massive human smuggling and fentanyl enterprise that the left is facilitating, not the Bidens worldwide kickback racket, not faucis covid lab leak, it’s this country’s free fall.
The country is in a free fall across the board and it goes without saying in the propaganda networks. The world knows it and is acting accordingly.
Pulling the handle? Did the kid hear a doorbell? I have opened a screen door many a time to knock if no one answered.
Damn, no one killed me, so I guess I still have to go to work this week.
Meanwhile the old man who shot the Black kid wasn’t arrested until there was a public uproar and the old man who shot the White girl was arrested before the story ever hit the news. This is exactly why people are in an uproar.
It isn’t the old man’s fault the cops didn’t arrest him when they should have. There should be no extra outrage toward the old man for this, just the outrage for shooting an innocent kid.
Phoenix – In NJ the laws states a doctor is supposed to report you if you are medically unqualified to drive and you will get a suspension notice from DMV. The AMA has said for 25 years that all physicians are ethically responsible for notifying their state motor vehicle department of medically unqualified people.
These are the conditions.
• Confusion
• Disorientation
• Memory loss or lapses
• Impaired/altered consciousness
• Alzheimer’s or dementia
• Neurological conditions, such as seizure
or blackout disorders
• Sleep disorders, such as sleep apnea
• Visual impairment
Yet you can still own a gun in your house? The laws need to be updated. NJ should lead the way. No license to drive and NO GUNS..
Old Realtor -Turn off the MSM. The old man was taken into custody Thursday the night of the shooting, he was not free to sleep in his bed as the kid’s lawyer said The Mayor also is a liar. Watch the Police Chief and Prosecutors statements on it.
Again Missouri has it’s own laws including the Missouri sunshine law, the Police Chief and Prosecutors have been making statements all along, the MSM is fanning the flames of discord and protests.
You want another summer of cities burning? This is how you get it.
Phoenix – As I said maybe, maybe not the video if it exists will be released. From what I can see of the latest news video of the home there are no bullet holes in the front door or screen door glass. MSM reported he shot through the door initially anyway. The door was open when the shots were fired. Who opened it?
JB,
I wasn’t there, I don’t know.
But I can tell you for a fact that I personally had plenty of police reports filed that were inaccurate, biased, or lies. Others were spot on.
Take them with a grain of salt, and hope someone actually recorded something. I have no doubt that for years these documents were filled with lies and falsehoods until body cameras and cell phones started documenting what has actually occured.
Phoenix – the kid reported to police and his family spoke the the MSM which reported there were no words exchanged. I am not saying there should have been gunfire for any reason. The old man was wrong, but was it BLM and burn down the whole city? We shall see.
Juice,
Easy to blame the media. Not that they are never at fault for turning up the heat, but they aren’t responsible for the inflammatory incident they are reporting on.
Rage about racism and other forms of hate woven into the fabric of this society is a ticking time bomb. Even if media only reported facts and truth, from time to time something will cause the bomb to go off. Tick…tick…tick…
Dominion today hailed its record-breaking $787.5million Fox News defamation settlement as a ‘big step forward in democracy’.
Now Dominion marches on with lawsuits against right-wing network Newsmax as well as Trump allies Rudy Giuliani, Sidney Powell and Mike Lindell.
Meanwhile Fox is staring down the barrel of a $2.7billion lawsuit from another voting technology company, Smartmatic, over its coverage of debunked election-rigging claims. Legal experts suggested the settlement with Dominion handed Smartmatic a ‘bargaining chip.
The police report states Lester said both the interior and exterior doors were locked. It also states that Lester said he opened the interior door, saw a black male pulling on the exterior door handle … and shot him.
Do you now doubt the police report?
Juice Box says:
April 19, 2023 at 11:01 am
Phoenix – As I said maybe, maybe not the video if it exists will be released. From what I can see of the latest news video of the home there are no bullet holes in the front door or screen door glass. MSM reported he shot through the door initially anyway. The door was open when the shots were fired. Who opened it?
And of course this question must be asked. Juice, if you aren’t getting your information from the media, where are you getting it from?
Here’s some news straight from the horses mouth. We had our first cat converter that’s in the neighborhood last week. Everyone on the street where it happened are buying camera systems. My guess is a few FIDs as well. No suspects or arrests at this time.
Joyce – “doubt the police report’
In court police reports are usually hearsay and not admissible.
No holes in doors. Here is a closeup.
https://tinyurl.com/3ymveyms
He does have the no solicitors sticker. I think that’s equivocal to knock and I’ll shoot.
Sons school was in lockdown this am because of another local school. https://newjersey.news12.com/mount-olive-high-school-lockdown-reports-stolen-vehicle-intent-harm-students
Maybe that old guy just watched Gran Turismo (which is a really good movie btw).
Maybe he’s been robbed or threatened.
Maybe he’s crazy and senile.
Maybe he’s an ultra-racist who has been wanting to shoot black teens all his life, but for unknown reasons waited until he was 84 to get started.
Who picks up a gun to answer the door? Only someone expecting trouble or trying to make trouble.
Old Realtor – re: “where are you getting it from”
That is classified.
You said you didn’t think the MSM got it right by referencing details in the police report. Now you are further questioning things by contradicting details in the police report. I’m just trying to understand.
It’s a nice day, please try and donate some blood. It appears that those in my business should expect an uptick, Plenty of OT and job security for me.
Either way we could use your blood, possibly for one of your loved ones. Some of these bullet holes cause nasty leaks in humans, consider donating more than one pint.
George Carlin warned you about this, you chose not to listen. He said it was a form of entertainment.
Hell, that 20 year old girl got blasted by a 12G shotgun shell.
Yeah, that makes for a bad day. Bet they never figured that was going to happen. One itchy trigger fingered old goat takes out someone who has lived 1/4 of the life that he has.
What a dopey way to end your life old man. I could see if he had a real reason, but nope, it was all for nothing.
Wonder if he was a God fearing church member. My guess is that he was. Well, if that lazy good for nothing guy in the sky was doing his job maybe this wouldn’t have happened. Enjoy hell if you believe there is one Old Goat.
Phoenix
Here’s a little song to brighten your day
https://youtu.be/ou0Q_aUKUp4
Carlin was right:
Two All-Star high school cheerleaders were shot after one of them accidentally got into the wrong car in a parking lot in Elgin, Texas.
Payton Washington, 18, and Heather Roth were shot multiple times by a man sitting in a vehicle Roth mistakenly got into as they tried to carpool home from practice.
Washington was hit in the leg and back, and was airlifted to hospital on April 17 after she started ‘throwing up blood’ at the parking lot of an H-E-B supermarket.
12:52 Perhaps the old goat was senile, or mentally ill? Either way, he’s in big trouble. He’s now the latest poster child for stand your ground gone bad. Very bad.
HMB,
She is a good performer. No doubt about that.
On a funny note I cut and pasted your cheat sheet into a Google Doc and showed it to my young coworker yesterday.
Her response “OMG I love this, can I send a screenshot to my dad?”
I guess you should have copyrighted it.
Phoenix
Is the cheat sheet too wordy for a t shirt?
And dahyun was the one in front when the video starts.
Actually, probably not. That is actually a good idea.
I have an Iphone 13 pro. Not Pro Max.
Your entire document took up the full screen in vertical format.
Her young eyes scanned and decoded the entire message in under 20 seconds.
I couldn’t even focus on it.
So, for the age cohort it would be directed at, you could hit the bullseye. She was that excited.
So many cars in Texas are silver or white it’s very easy to make that mistake. I look through the window before I grab for the car’s door handle to make sure it’s the right car.
And because of the castle doctrine I doubt that guy gets charged. In Texas it extends to your car.
Also if you are in a stand your ground state and you get into an argument with someone sitting in a car do not approach them, even if they ask you to or wave you over. They can legally shoot you from their car claiming they feared for their safety.
Phoenix
You need one of these for the concert. I guarantee you will see people wearing shirts like this.
https://www.fairshirt.online/products/twice-jihyo-97-t-shirt/
I suggest you wear these.
https://shorturl.at/chpuM
Libturd,
My daughter is with me. I will let her read this post and see how she takes it.
Always good to get an opinion from a child and let them know how people feel when they ask their parents to take them to something they want to see.
I’m not going to repeat what she said.
The sh ite us single fathers have to deal with.
I’m just bustin’ on ya.
Times have certainly changed.
No friend of mine is getting away with a Kpop fetish without a little nagging.
My friend got stuck in the mud avoiding a deer in Wall in 97. Knocked on a door to ask them to call police or towing. Guy answered the door with his gun pointed at him. Some people are just unhinged.
I get the whole taking your kid to the show thing.
Years ago we all went to a Hannah Montana show.
“…there’s a band called Greta van fleet…”
Second time in two days I’m hearing their name from someone. Look good. Not in NJ but I’ll pop in to a show when they’re around.
“My kid dragging me to a kpop concert this summer. I don’t do concerts. Kids I work with tell me I will have a blast. Are they correct?”
You’re going to have a *great* time because you’re invited into your child’s world to do something with them that they like. That she will share with you. Learn some back story on the group, use those crazy chick co-workers to help, and go there with the best, happiest, and would-not-want-to-be-anywhere-else attitude you have. Even if they suck and sound like cats being strangled. It’s not about the show. About you and your daughter. And, btw, even if they are absolutely horrid if your kid is smiling after the show you offer up they are the best ever. Best. Fucking. Band. Ever.
Sorry if I come across preachy to you, but I made so many mistakes…from which I recovered, yes, but which I did not have to generate. Coincidentally, I’ll be going to a show with my adult kid for a band he really likes soon…I think you are the one who’ll post about the coffin corner occasionally. I hit the coffin corner with my kids, and survived…don’t wish that on anyone….
“Wondering why kind of outflows other banks are seeing.”
Regionals reporting so far seem to be down 3-4% of total deposit base, during a quarter when outflows of 1% are normal. So, not bad. Will likely adjust or close my VLY shorts, green, tomorrow on the back of those stats which is what pushed the stock today…VNO, lol, I’m a kid with a Playboy magazine on a bed with a chick flying through the window…thank you god! Shorted some VIX through futes and puts starting late last week, seriously printing, feeling good on those…First time in a while every position is green, even my COIN shorts now…time to trim a bit.
VNO….
Lefty, wasn’t kidding when I said I would trade in north jersey real estate by selling my rental and buying VNO in the 14s….like taking candy from a baby. Just couldn’t do it, but really should have. Market is irrational on the way up and down…up to individual investors to put emotion aside and take advantage. Most can’t. Nice “blood in the street” play…well played.
When everyone and their mother is bashing commercial real estate…you buy that chit up. Esp NYC best property in the world type chit with VNO. That market cap at 14 dollars was a complete joke.
If you followed the lemmings, you thought offices and in person work is dead…along with cities. Know who always laughed at that short-term trend…pumps. Just like i laughed when they said the burbs were dead before that. Lol
If you are smart…buy the DNA shares now. AI increases by the week. AI is the biggest reason to be in DNA. It’s going to be a game changer and you are going to wish you bought in the 1’s when you could. Hold your nose and buy.
“Quiet night at work, had a 30 minute conversation with the 20 somethings…Made for a nice day connecting with the younger ones where I work.”
I need introductions here….especially to the ones with daddy issues.
“I was asked who my bias was when the twenty something periop were having our conversation. I gave her the name. Her response ” you have good taste, my father chose the same one.”
“You believe that there is a valid comparison between those 2 lawsuits? Both maybe about media abusing their power, but that is where the comparison ends. The impact from falsely undermining the validity of a presidential election stretches far beyond the damage done to an individual.”
IIINNNSUUURRRRECTTTTION!
Uhhhhmmmmm…the Dominion settlement (not verdict) was not about an undermined election….it was a corporation (which many seem so fond of arguing is not a person) suing for specific damages to their person…..
Both lawsuits were damage claims. Both involving persons. One a human, one a corporate….
“Rage about racism and other forms of hate woven into the fabric of this society is a ticking time bomb”
Yes, but as with many liberals, I believe you have the directionality of future events incorrect….
“We’re putting our money where our mouth is.” – @jrkelly
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Think of it like this…AI is the key/tool to finally unlocking the synbio or bio sector in general. Biggest gains with ai will be made in this new and growing sector of the economy that is a future juggernaut.
Leftwing,
A legal entity such as a corporation can have a reputation or brand which can be damaged via defamation. Alluding to the debate about corporate personhood is n/a.
I think corporate personhood comes in to play when we are talking about super PACs.
Ahh, the right moral equivalency police out in force. There is nothing similar about Sandmann vs. Faux News democracy attacking, multi-year lie campaign. I disagreed with treatment of the young man and CNN attacked racism angle early without showing full picture. All groups had rights to be there. All groups had improper behavior towards one another, including Nick’s HS classmates mocking Indian with war chants. Not even close to Orange mook concocting an entire lie against Dominion, paying Ghoul-iani and Sydney Powell to promote it. Faux News network spent over a year platforming this conspiracy to their dumb masses who end up attacking capitol and killing people, injuring hundreds of police. Millions spent on BS recounts. His own AG and daughter admitting it was BS and Tucker/Hannity scumbags admitting they never believed lies they were spewing. Pathetic attempt at comparison as usual.
To get an FID and Pistol permit, you already have to give two references in NJ and we have the strictest red flag laws in the nation. Red flag laws will likely be overturned by the courts though because they take them without due process.
Juice Box says:
April 19, 2023 at 10:45 am
Phoenix – In NJ the laws states a doctor is supposed to report you if you are medically unqualified to drive and you will get a suspension notice from DMV. The AMA has said for 25 years that all physicians are ethically responsible for notifying their state motor vehicle department of medically unqualified people.
These are the conditions.
• Confusion
• Disorientation
• Memory loss or lapses
• Impaired/altered consciousness
• Alzheimer’s or dementia
• Neurological conditions, such as seizure
or blackout disorders
• Sleep disorders, such as sleep apnea
• Visual impairment
Yet you can still own a gun in your house? The laws need to be updated. NJ should lead the way. No license to drive and NO GUNS..