From the Star Ledger:
Real estate update: These NJ counties saw home inventory increase in April
Across New Jersey, 13 counties saw an increase in new home listings compared with April 2023. And, the number of new listings also increased in 18 New Jersey counties compared with March.
In North Jersey, the counties of Passaic, Essex and Hudson all saw inventory increases from last year. Passaic County saw 302 new listings in April — a 14.39% increase from 2023 and a 19.84% increase from last month — while Hudson County saw a 11.21% increase from 2023 and a 37.23% increase from last month with 516 new listings. And, Essex County had 490 new listings in April, a 4.7% increase from 2023 and a 7.46% increase from last month.
While Bergen and Morris counties saw 900 and 542 new listings in April — a 19.05% and 15.81% increase from last month, respectively — both counties had fewer homes for sale than this time last year.
With 214 new listings in April, Sussex County was the only county to see inventory decrease from both last year (2.73%) and last month (.93%).
…
In April, a majority of New Jersey counties saw active listings stay on the market for a shorter period of time.
Homes in Morris and Bergen counties are staying on the market for the shortest period of time in North Jersey, at 21 and 24 days, respectively. Listings are staying on the market for 26 days in both Passaic and Essex counties, while homes stayed on the market for about 35 and 38 days, respectively, in Sussex and Hudson counties.
…
Overall, median home prices continued to increase in just about every New Jersey county compared to April 2023. And, 15 New Jersey counties saw median home prices increase from last month.
With a median home price of $582,250, Essex County saw the great increase in median home prices from last year at 16.47%. In Bergen and Passaic counties, home prices increased by 8.02% and 8.35%, with median listing prices of $787,495 and $487,500.
The median home prices in Sussex and Hudson counties are $399,900 and $656,750 — 6.64% and 6.36% increases from last year — while Morris County had a price increase of 1.18% and a median home price of $698,750.
First.
Happy Friday to all.
Hehe.
Teacher Madison Bergmann, who was set to be married in two months, is arrested for sexually assaulting and ‘making out’ with an ELEMENTARY SCHOOL student
Madison Bergmann, 24, was arrested for alleged inappropriate conduct
She allegedly sent multiple texts and talked on the phone with a fifth grader
Bergmann allegedly told the child that she enjoyed ‘making out’ with them
The article states YOY increases but doesn’t say why? I guess it’s obvious that people on the fence aren’t going to wait forever or simply can’t any longer. Prices? We’ve had an epic run-up so even if there’s a decline, what’s the median in five years from now? Where’s the price if 30-year rates dip below 6%? Does past history reflect future results?
Eddie,
Don’t worry. It will all be fine.
Now go spread some Chex Mix in the lawn. The sun is coming up and the kiddies are hungry.
And go watch the movie Civil War this weekend. Some critics are saying it might actually ignite a real one.
Hehe.
And, I’ll wait for the job reports number but I’m certain it’ll be within forecast ranges which makes me wonder how and why the FED even thought about rate cuts. There’s so much monopoly money out there that they should be talking about raising instead of dropping. That 2% inflation rate is a year away even at current rates.
Was down in Dallas the last couple of days.
Did not look booming. They trying to give San Fran a run for their money?
Waffle stomp. I prefer Waffle House
https://www.dailymail.co.uk/health/article-13376995/waffle-stomping-internet-revolted.html
240/3.8 is the number?
Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.
Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.
I’ve said this for the past few years; put anyone on this forum in the CEO chair at Apple and at the very least, we’d see the same quarterly results. Their “smart” car is dead, those $3,500 space glasses are dead and muppets are only going to be fleeced by the same $1,000 iphones up to a point. They’re behind on AI and this Tim Cook dude is meek and unimaginative. Guys like Jobs and Musk are maniacs and make wild visions become reality. You can’t keep pushing out the same core products and expect to exceed expectations.
Grim, sounds about right.
Apple wants on-device AI because it means more expensive devices. Privacy is just the marketing.
Apple had one advantage, it WAS more secure. Still is to some extent, but Pegasus has proved otherwise. Now they have found more issues in M1, 2, and 3.
Plus now having to open up the system a bit because of “unfair competition” it will end up leaking like a sieve, the way Android does.
Just use the one you like.
Hold my beer says:
May 3, 2024 at 7:00 am
Waffle stomp. I prefer Waffle House
https://www.dailymail.co.uk/health/article-13376995/waffle-stomping-internet-revolted.html
All the kids talking about Saltburn.
I wonder how many have drank jism laden bathwater.
Latest kink for the youth is controlled strangulation. Supposed to be a turn on.
What ever happened to plain old Muff Diving?
My home AI rig:
Lenovo P920
Dual Xeon 6242 (48 cores total)
384g ram
2x Nvidia a6000 (96gb vram)
1x Nvidia rtx 4000 ada (20gb vram)
I can run 70b models at 8 bit quantization with decent speed and context – but it still pales in comparison to ChatGPT. I didn’t pay anywhere near this, but we’re talking a rig that had would have carried a (conservative) $20k price tag new.
Anyone thinking you are going to be running any kind of comparable AI on a phone, have fun with that, we are a decade away from having the kind of horsepower to even begin to replicate chatgpt locally. Not to mention the power … and cooling … at full speed the machine pulls 1400 watts.
Granted, a quantized 8b (that apple can run on a phone) isn’t crap, but there is still some serious processor overhead required. iPhone has not ever been known for being generous with ram, which is a whole other issue.
Siri
Sucks.
Hehe.
Hot garbage
https://www.macrumors.com/2024/05/02/homepod-siri-time-bug/#
At some point in the last 24 hours, Siri on the HomePod and the HomePod mini seems to have forgotten how to relay the time. When asking Siri “what time is it?” Siri is unable to answer and directs users to the iPhone.
And anyone following their OpenELM release, their new small models are hardly revolutionary, in fact they are miserable. Microsoft is kicking their butt with the small Phi models.
I guess it’s a matter of waiting to see what a few billion dollars invested changes?
As it stands now, they replace shitty Siri with slightly less shitty Siri, and an iPhone 18 AI Pro Max costs $3,500.
Fast: The Fed never should have indicated rate cuts were coming. I don’t know how they could possibly say that , but they did. Rate cuts would of course help commercial real estate loans, and maybe that’s what they were hoping for , to be be able to lowers rates.
Home listings creeping up in my town, but they appear to be sitting, not surprised with a 700k asking price and a 7.20 mortgage rate. A few houses with asking prices of 1.2 million and up as well they appear to be sitting too.
At some point we will have a recession, perhaps an ugly one. Debt does matter.
I’m going to replace my MacBook air with a pc this summer. If you’re not editing videos or music I don’t think a MacBook is worth it.
175,000 light
3.9%
Ten 446
Cut those rates! Cut those rates!
3b,
I think the FED is famous for utilizing two options. There is FEDspeak, which is when everyone on Wall Street has to guess what the FED is saying and they often translate it incorrectly. Then there is FEDlies, which they utilize to move the market without actually doing what they say they’ll do. For instance, when Powell tried to slow the market doing his best Mr. T impression (my prediction is for pain).
Maybe this is your recession? Market futures up large after job number hit the tape. If you think the market is going to price in those eventual cuts, just wait until they actually make them. Housing might go event horizon.
Also, crude is dropping, which is large component of inflation. So jobs down, inflation down (oil prices), now how do we make homes more affordable? By lowering borrowing rates (maybe)!
https://m.youtube.com/watch?v=pJAFuEuBqsE&pp=ygUbbGliZXJhdGUgdHV0ZSBtZSBleCBpbmZlcmlz
You can smoke the baloney pony, but not a fuckin’ Marlboro? What’s wrong with people?
https://thebasie.org/events/andrew-dice-clay-2/
I’ve had a great run with macbooks, and they’ve always lasted far longer than my PC equivalents. While a little bit more expensive up-front, the longevity always made up for it.
I have a MS Surface that is 10 years old and still runs fine. That being said, all the software I run on it is from 2003 at the latest.
No f*ckn way I pay subscription fees to Microsoft.
Same shit, we hit Peak Word sometime in the mid/late 2010s.
I can not stand the web versions of Office currently, slow, sandbagged, not made for productivity users. What was the difference between Word 2018, 19, 20, 21? Was there any at all? Feel like in some respects, we lost features over that time period.
Word 21 adds the word “literally” into every sentence so you don’t have to type it.
Hehe.
Best word processor ever for productivity was actually Wordstar followed by the Mormon owned WordPerfect. If I am not mistaken Mister Softee bought both of them to eliminate Office Suite competition. Heck, I still miss Lotus 123 and VisiCalc.
BidenTaxation. Hey at least we didn’t get first place. Hehe
All states save seven have additional taxes on capital gains and a few would see their total top rate exceed 50 percent when selling off investments and assets.
California would by far have their residents paying the highest top rate with a combined 57.9 percent.
New York and New Jersey are tied for second with 55.5 percent combined capital gains tax rate.
“Hehe” f’ing Michael Jackson here.
Looked it up. I’m wrong. Wordperfect died when they sold the company to Novell and the infamous Mormon Customer Service was not included. WordStar died from version 2000, which I remember was a flaming turd that was famous for deleting documents, for which you would have to reveal invisible files destined for the trash can to get them back.
Word? Never heard of it.
Spend my time these days in Confluence. We have MS Copilot and whenever you use MS Edge browser it offers to re-write every paragraph you type.
Same for the other Office products.. If you are using MS Copilot have it create a Personal Style Template for you.
https://www.linkedin.com/pulse/creating-personal-style-guide-copilot-microsoft-365-peter-lurie-uesbc/
Apple 4ever
Life ain’t easy, why would I make it more difficult by using windows
America bankrupting it’s allies. Hehe.
https://www.nytimes.com/2024/04/29/business/a-strong-us-dollar-weighs-on-the-world.html
I use both. I have an early Apple laptop that still boots up. It weighs like 15 pounds. It’s running OS 7 or something like that. I have never had anything on a PowerBook break ever. My PC laptops are usually good for about two years. Then everything starts breaking. I’ve had better look with Lenovo and especially their ThinkPad line which they bought from IBM. Every Dell, HP, Toshiba, etc., has been a terrible POS. Best of all, you can get clearance Lenovo’s at incredibly low prices.
Phoenix,
There is a reason we fight everyone else’s wars. Go ask Dick Cheney why?
Rumor has it that it became a wee bit more expensive to buy earthquake insurance in the People’s Republic of NJ.
Info for those paranoid enough to purchase it.
“To the Moon, Alice”
Hehe.
Allstate seeking 36.9% rate increase in home insurance
But will they lower prices when they realize last year was a weather anomaly. Were you aware, the wealthy are not carrying home insurance because it’s way cheaper to just replace, especially off the book.
Even Suzy Orman is recommending it if you have the beans to cover it.
No. Some companies want out of certain states and/or lines of business. Instead of the negative headlines of dropping, they slap a silly price on the renewal. It’s a win/win. They either get rid of coverage they don’t want to offer, or else make a fuckload of revenue.
Libturd says:
May 3, 2024 at 12:34 pm
But will they lower prices when they realize last year was a weather anomaly.
https://www.theinsurer.com/news/allstate-writing-again-in-ca-but-expects-to-shrink-in-nj/
“Also, crude is dropping, which is large component of inflation. So jobs down, inflation down (oil prices), now how do we make homes more affordable? By lowering borrowing rates (maybe)!”
The only ways to make homes more affordable is to either 1) increase the supply, or 2) decrease the demand.
In the short run, housing prices are somewhat sticky, but in the long run housing prices adjust to interest rates.
For most people it’s the monthly mortgage payment that determines whether they can afford to buy. High mortgage rate and low house price vs low mortgage rate and high house price- home prices will adjust to interest rates so your monthly nut will be the same.
BREAKING!
Hope Hicks Testifies About ‘Access Hollywood’ Tape
Hope Hicks, Donald J. Trump’s former press secretary and White House communications director, testified on Friday at his criminal trial in Manhattan about the deep anxiety that gripped Mr. Trump’s campaign after the revelation of the so-called “Access Hollywood” tape in October 2016, in which he bragged about indiscriminately grabbing women’s genitals.
“I was concerned, very concerned,” Ms. Hicks said, of her reaction, adding she knew it was “going to be a massive story.”
If marriage rates and birth rates are declining, shouldn’t the demand for single family housing be dropping?
Bad bad PoPo.
https://www.reddit.com/r/PublicFreakout/comments/1cj9k6q/officer_caused_his_injury_felony_charge_against/
“If marriage rates and birth rates are declining, shouldn’t the demand for single family housing be dropping?”
But population keeps rising. And real incomes keep rising (so buying becomes an option for more people). So demand stays high.
Oc1 : It does not make sense.
Trump Diapers now that is how you Troll.
https://twitter.com/ProjectLincoln/status/1786416970641915972
3b-
What doesn’t make sense?
I think you are assuming that families with kids are the the only people that buy single family homes.
I know quite a few singles and childless couples (a dozen off the top of my head) who own single family homes.
Many single professionals can afford to (and do) buy single family homes- that adds to demand. Two single homebuyers vs one couple = twice the demand!
“If marriage rates and birth rates are declining, shouldn’t the demand for single family housing be dropping?”
Sure the rate can be dropping but it’s still ahead of the boomer death rate. Since Boomer doesn’t croak, even a low birth rate is enough. Especially since Boomer is flush with cash so can afford multiple houses and Depends at the same time. Just look at your sitting President.
Phoenix watch…
https://nypost.com/2024/05/03/us-news/wisconsin-elementary-school-teacher-madison-bergmann-arrested-for-making-out-with-student/
24-year-old Wisconsin elementary school teacher was arrested Wednesday for allegedly “making out” with her fifth-grade student — less than three months before her wedding.
Madison Bergmann’s alleged abuse of the 11-year-old boy came to light when the student’s mother overheard her son talking to the teacher on the phone, CBS News Minnesota reported.
The victim’s parents allegedly found texts between the pair, and the boy’s father then stormed into River Crest Elementary School with printouts of the conversations.
Smashing Pumpkins new guitar player.
Why does God torture us men? lol!!
https://www.youtube.com/shorts/69zIGYR1_L4
Guess women don’t like doing work after all. What happened to feminism? hehe.
Women on Bumble No Longer Have to Make the First Move
As dissatisfaction with online dating grows, the app that put women in control is shifting course.
But over the years, Bumble received feedback from women who found that making the first move was “a lot of work” or “a burden,”
Fast
Who’s the creepy guy sticking his head into the shot lower left corner?
Beer,
I had no idea there was anyone else in the shot. Lol. I was um… distracted by other things. :)
Fast
https://youtu.be/wg36w5gdsL0?si=LDM_u4ftPzBSirMs
Fast
I saw motion in the left corner and thought it was a dog or cat photo bombing. And then I watched it again. lol
BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud and accused of operating a “sham audit mill.”
Alex Karp CEO of Palantir
https://www.youtube.com/live/RqxE3ub7wWA?si=Cyqi3NkzyJl-Vzyj&t=7865
LAX: good day for AMGN
If your redirect causes the video to reset, then forward to hour 2, minute 11.
chicagofinance says:
May 3, 2024 at 3:30 pm
Alex Karp CEO of Palantir
https://www.youtube.com/live/RqxE3ub7wWA?si=Cyqi3NkzyJl-Vzyj&t=7865
FREE DOM
FTC Announces Rule Banning Noncompetes
FTC’s final rule will generate over 8,500 new businesses each year, raise worker wages, lower health care costs, and boost innovation
Can’t buy more big pharma am all in NVO
chicagofinance says:
May 3, 2024 at 3:30 pm
LAX: good day for AMGN
Maga might try to reverse it to weaken workers rights
Phoenix says:
May 3, 2024 at 3:39 pm
FREE DOM
FTC Announces Rule Banning Noncompetes
FTC’s final rule will generate over 8,500 new businesses each year, raise worker wages, lower health care costs, and boost innovation
same video at 2:21.50
https://www.youtube.com/live/RqxE3ub7wWA?si=YrkCiLQTjQRZPAWe&t=8511
The ban won’t see the light of day..
Biden says India and Japan are Xenophobic as they don’t take immigrants in, but he means no offense.
3:39 Amen my brutha.
Moment of zen
https://www.dailymail.co.uk/news/article-13382749/ATV-driver-loses-control-smashes-cop-car.html
Jerzey Boyz at Fernandez Steak House in Newark. Makin’ us proud. Hehe.
https://www.reddit.com/r/PublicFreakout/comments/1cka0fg/group_of_restaurant_servers_fight_off_mob_of/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button