From CNBC:
Home sales rose in July for the first time in five months
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. That was the first gain in five months.
Sales were 2.5% lower compared with the same time last year.
Sales saw the biggest gains in the Northeast and were flat in the Midwest. Prices also rose the most in the Northeast.
“Despite the modest gain, home sales are still sluggish,” said Lawrence Yun, the NAR’s chief economist, in a release. “But consumers are definitely seeing more choices, and affordability is improving due to lower interest rates.”
These sales are based on contracts that were likely signed in May and June, when mortgage rates were well over 7% on the popular 30-year fixed loan. Rates began dropping in July and are now hovering around 6.5%.
All-cash offers made up 27% of July sales, up from 26% the year before and far higher than the historical norm.
The supply of homes for sale continued to move higher in July. At the end of the month, there were 1.33 million houses on the market, an increase of 0.8% from June and 19.8% higher than in July 2023. At the current sales pace, that represents a four-month supply, slightly lower than it was in June.
The increase in supply did not, however, help to cool home prices. The median price of an existing home sold in July was $442,600, an increase of 4.2% year over year.
First-time buyers made up 29% of sales in July, unchanged from June but down from 30% in July 2023. Historically, these buyers make up closer to 40% of home sales, but affordability has been hit hard in the last two years due to fast-rising home prices and higher mortgage rates.
With rates now slightly lower, demand is starting to pick up. A separate report from Redfin, a real estate brokerage, found requests for tours and other buying services from Redfin agents rose 4% over the last week to their highest level in two months.
First.
Second, but worth the wait:
https://shorturl.at/iUX56
Third
Douchebag Central, that’s actually a pretty good handle
Prices also rose the most in the Northeast.
Best and final by EOD. We’ll call you, don’t call us. And the squirrels have names when you feed them. Their names are in the contract.
Eddie,
A little something to prepare you for for your upcoming purchase in the Poconos.
NSFW. Enjoy
https://youtu.be/pcwlsVBPe-M?t=11
Phoenix,
I’ll check that one out a bit later.
Speaking of getaways… the area around Hunter, Windham and to the west in Upstate NY is absolutely picturesque. Property there is just so expensive. I think I posted a link of a property somewhere around Worcester, NY that currently has multiple bids on it. It was a nicely-kept double wide with a gorgeous view listed at 115K. I’d prefer this area than the Poconos. We used to go up to Cobelskill years ago and the views were amazing.
Many of them Maga are here.
Among America’s “Low-Information Voters”
Donald Trump has dominated in polling of people who pay little attention to political news. What do they have to say?
Although they make up just a small percentage of the voting population, so-called “low-information voters” could be the deciding factor this year. So who are they? And do they understand the stakes of the election? Reporting on the friction between knowledge and power in American democracy, Charles Bethea seeks out voters whose opinions are shaped by formerly unorthodox sources, and those who study their political behavior. He learns that members of this group get their information from social media, YouTube, friends, family, neighbors; that they are more likely to embrace stereotypes and less likely to fact-check; and, mostly, that they are deeply skeptical of traditional news sources (as evidenced by a bumper sticker he sees in a Walmart parking lot in Calhoun, Georgia: “HOW ABOUT WE WATERBOARD THE MEDIA TIL THEY TELL THE TRUTH?”).
Now that is one tough sentence.
Marylue Wigglesworth, 53, was sentenced on Tuesday, Aug. 20 to six years in state prison, the Atlantic County Prosecutor’s Office said in a news release on Thursday, Aug. 22. She pleaded guilty on Tuesday, June 4 to second-degree manslaughter in the shooting death of 57-year-old David Wigglesworth.
The defense argued Marylue acted in self-defense but prosecutors said David was watching TV while naked in bed when he was shot, the New York Post reported. The defense also reportedly said Marylue admitted to police at least six times that she killed her husband during a fight.
Ten 379
“low-information voters” ?
Impossible today with smartphones and social media.
Phoenix,
Interesting video. ;)
So everyone who goes to CUNY or an HBCU is ignorant? Or maybe I am exaggerating what Chicago meant. Clearly this is a broad sweeping generalization and makes Chicago sound like an elitist racist. Chicago, do you just want to stay with this as stated? Do you want to issue a retraction? Do you want to double down? Or are you just going to tell everyone you were joking?
Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying “the time has come” for the central bank to begin lowering interest rates.
I may have missed the part where inflation is under 2%.
Old: you better reread what I wrote, because you obviously came with an agenda and fit my words to your easily accessed third rail.
And also, if you want to divorce yourself from reality, so be it.
We’re taking about preparedness for being a sitting President.
We’re also talking about HBCU’s circa 1985-1990, not prior to 1975.
That is right in my bailiwick.
For the record, check out where Maya Harris went to school.
Speaks volumes and refutes you reflexive and ill placed umbrage.
Another thing. There are plenty of people who attend the top flight universities that are complete morons (knowing you, I assume you include me in that group). George W. Bush would be case in point. However, given what was open to her, her track record looks suspiciously weak. Mind you, we are talking about being a President.
She offered a good speech last night until she started riffing on a bunch of Trump nonsense. She is positioned well now. It is hers to lose.
The debates are going to make or break her.
She really described Trump well until she needlessly went overboard.
Bear in mind she has been completely scripted to this point.
You would be so annoyed unless you knew I knew I was right.
Maybe restated, I am not downplaying CUNY. I think you take for granted how good a good school is. I grew up in NYC. Give me some credit that I know what I am talking about, as hurtful as it might seem to you.
Eddie,
It goes good with a double wide. Hehe.
Just cause ya ain’t got no money don’t mean ya don’t wanna have fun.
Wouldn’t be
Phoenix,
Guitars, race cars, bourbon and cigars! And one of those pretty ladies! ;) Stock my mountain house with all of the above! I’ll chop the firewood and she can stir the stew. Oh wait, is that too sex1st?
11:05 you simply don’t understand human beings.
Send all the MBAs to jail and unplug the AI because the rent is too damm high!
CNN
—
The Justice Department has filed a civil lawsuit against the real estate company RealPage, alleging the company’s software uses landlord data to artificially inflate the price of rent across the United States by quelling competition in the market.
According to the complaint, the Texas-based company uses nonpublic data from landlords to train RealPage’s algorithm for pricing recommendations, creating a “vast scheme to subvert the competitive process,” one Justice Department official said.
“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said in a statement Friday. “We allege that RealPage’s pricing algorithm enables landlords to share confidential, competitively sensitive information and align their rents.”
Funny thing is rightwingers hate liberal arts elite northeast colleges and desperately want to send their kids there. Marxist liberal colleges are the dream of hypocrites Maga.
You don’t hear anybody here of dreaming southern Christian maga colleagues. ChiFi as hell ain’t sending his kid to a southern Christian maga school
Chico is sending his kid anywhere they can get a partial track scholarship, provided it has a pedigree. (I.e. enough wasps )
Agreed.
Very Stable Genius says:
August 23, 2024 at 1:03 pm
Funny thing is rightwingers hate liberal arts elite northeast colleges and desperately want to send their kids there. Marxist liberal colleges are the dream of hypocrites Maga.
You don’t hear anybody here of dreaming southern Christian maga colleagues. ChiFi as hell ain’t sending his kid to a southern Christian maga school
Eddie,
Just stir the stew and let her chop the firewood.
It’s all about equality. Go with what works.
Southern Christian Mega schools.
Where you find those ladies in the video posted earlier.
Dang!
He’s not getting any scholarships.
LAX says:
August 23, 2024 at 1:27 pm
Chico is sending his kid anywhere they can get a partial track scholarship, provided it has a pedigree. (I.e. enough wasps )
Very Stable Genius says:
August 23, 2024 at 9:45 am
“Among America’s “Low-Information Voters”…”
Guy that votes for SlowJoe and Carmella, the two lowest-info presidential candidates in history, talking about low info voters; talk about a lack of self awareness…What a dope!
2:21 and yet no one on the GOP side could come close to delivering speeches like the democrats did this week.
smalldickconservative
You seem confused these are not sycophants to a failed “billionaire” business loser, convicted felon, and serial cheat.
LAX says:
August 23, 2024 at 2:30 pm
“delivering speeches like the democrats…”
Speaking of dopes…Here comes the breadwinner’s husband, the guy for whom everyday is Saturday…
As for speeches, how did Tampon Tim do? Did he mention his DWI, or cowardly retiring from the National Guard, or lying about his rank?
BOMBSHELL:
RFK Jr. just shoved it up the democrat’s ass. He’s backing Trump, explained the law-fare tactics and the leftists’ threat to democracy.
Hahahahaha yeah that’ll do it….
Fast Soon to Be Meth Eddie of the Mountains trailer park.
You got to give RFK jr a break. When he was in Area 51, they screwed up the instructions and the aliens shoved intestinal worms in his brain and the Babbel fisn in his rear end.
https://youtu.be/fmpP73-SHPQ?si=nX4yiS6QpvkQynsd
2:39 seek help weirdo
SGC,
Got the feeling he is going to have a “Howard Dean” moment.
In the meantime, this one is for you:
https://youtu.be/BZwuTo7zKM8?t=18
Fast Eddie says:
August 23, 2024 at 3:26 pm
“BOMBSHELL: RFK Jr. just shoved it up the democrat’s…”
Wow! Good job breaking that news, Ed. That’s a true bombshell, unlike all of those duds posted by Unstable and the rest of the Dem slouches. Could be a game-changer in the swing states, and also explains why Lacks is hyperventilating.
Chicago,
You and others are unable to recognize your own bias. Pointless to argue with you about your view of Harris and her intelligence.
Regarding HBCUs, who appointed you and how are you qualified to decide if integration rendered HBCUs obsolete? Clearly you are not a fan of these institutions. You see no value to their culture, traditions or institutions? You believe that Black students were getting a fair shake at previously all White institutions like flipping a switch?
I think you need to revisit what you wrote.
Chicago says:
August 22, 2024 at 9:35 pm
Once mainstream schools integrated, HBCU’s were rendered obsolete. They are empty institutions of graft, willfully inculcating racist ideology for those willfully looking to segregate themselves.
Chicago,
I could just imagine someone saying similar things about Jewish institutions and you would be justifiably outraged.
Hard to imagine your inability to understand a persecuted group wanting to maintain their institutions.
3:47 keep dreaming that weirdo has zero support.
Old Realtor. Keyword Tracey Meares, she was valedictorian at a little high school in my midwestern hometown, she was in my friend group and happens to be black. An administrator at the local high school made sure she did not get that award.
“happens to be black.”
https://youtu.be/ttUvsrcxKmI?t=9
This one is good, real good. Enjoy!
LAX – you in the movie?
https://www.theguardian.com/us-news/2022/apr/20/high-school-valedictorian-tracey-meares-illinois-snub
7:33 No sir.
Absolutely not. Hebrew Universities and colleges in the U.S. are tripe.
Old realtor says:
August 23, 2024 at 4:01 pm
Chicago,
I could just imagine someone saying similar things about Jewish institutions and you would be justifiably outraged.
Hard to imagine your inability to understand a persecuted group wanting to maintain their institutions.
There is nothing in her background that suggests she is a leading candidate to be President. The primary season, with the need to debate and resonate, is a proving ground. She has circumvented that process. Regardless, I hope she displays her abilities across the next 75 or so days sufficiently for us to make a fair assessment.
Old realtor says:
August 23, 2024 at 3:56 pm
Chicago,
You and others are unable to recognize your own bias. Pointless to argue with you about your view of Harris and her intelligence.
The GOP runs old meshuggeneh, The Dems gotta counter
with a fighter.
Glad to finally see lifelong democrats finally coming out against the current state of the democrat party, not holding back and outright calling them commun1sts. It’s getting bad on that side. They’re to the point of not even hiding it any longer. As long as the media continues to throw cover, they’ll keep pushing the boundary.
And, to see a Kennedy on stage next to a Republican is bombshell historic! JFK Jr’s uncle and father would approve his message and this move. JFK would be a Republican today. We need to get back to a foundational democracy. This deep state manipulation pushed by the left is dangerous and once we cross the Rubicon, there’s no turning back.
LOL. Saw one of these in the wild last night.
https://www.reddit.com/r/Bumperstickers/comments/1ez13aw/saw_this_one_today/
Eddie,
RFK was a Trump plant to try and siphon away Dem Voters. His campaign was run by ex-Trump staffers, and funded by the same MAGA billionaires.
He had a few problems outside of the worm in the brain. His own family and the rest of the Kennedy clan disowned him. Everyone saw through the sham of a campaign.
But his biggest problem was that he was pulling voters from Trump so he had to go. A lot of people who vote red, but could not stand Trump, were moving over to him, so he had to go,
Fabius,
We’ll discuss at that steak and brew get-together.
Arrange it!
Eddie,
Still at the beach. Will look at the calendar when I get back.
If you can’t vote for Trump or Kamala, is there anyone in the back of the pack worth waking up and going to pull a lever for?
Or should I just enjoy a late breakfast?
Jerk yourself a soda.
Massachusetts health officials are advising residents to stay indoors and imposing a 6 p.m. curfew on outdoor activities until at least October after detecting a human case of eastern equine encephalitis (EEE) spread by mosquitoes.
https://nypost.com/2024/08/23/lifestyle/rare-deadly-equine-virus-spreads-in-new-york-and-can-jump-to-humans-via-mosquitos/
A wild turkey in Maine was also recently diagnosed with EEE, and a deer in Connecticut died from it as well on Aug. 12.
Surely this is major cause for concern! Mosquitos only bite after 6 pm!
Actually, his biggest problem was Democrats playing legal games to try to remove him from the ballot. It’s for democracy bro.
Fauci was in the Hospital with West Nile Virus for 6 days. Says a mosquito bit him in the backyard.
https://people.com/anthony-fauci-recovering-at-home-after-hospitalization-west-nile-virus-8700989
Space X has 4 operational dragon crew capsules and plenty of rockets.
Why make those astronauts wait until February? They don’t even have a change of underwear as they were sent up with no change of clothing. Just before liftoff, NASA unloaded their luggage that contained some personal items, like their changes of clothing, because the space agency needed the space for a new pump to help recycle liquid waste into drinkable water. Think about that over your morning coffee.
Eddie – Thought of you when i saw this one..,General Lee a the Mopar 2024 event.
https://www.youtube.com/watch?v=hGfrgYJyRmk
Kennedy is batshit crazy.
For someone like Trump having a Kennedy on the ticket is too good to pass up. I’m thinking there is a 1 in 3 chance he ends up in the VP slot.
I knew Tim Walz stole his entrance from somebody
https://x.com/DefiantLs/status/1827355247192248528
Rich Boomer Fight. Hehe
Dispute at NJ Restaurant Escalates to Attempted Murder with Steak Knife
Restaurant is Red Horse in Rumson, NJ. Owned by renowned chef David Burke. The lady with the highlights who is trying to de-escalate the situation is the general manager.
https://www.reddit.com/r/WTF/comments/1ezt320/dispute_at_nj_restaurant_escalates_to_attempted/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button
Phoenix: Top shelf. This is so good. Just sent it to about 50M locals around here. The loudmouth guy is pure gold.
Poor F’n cows.
Leave the creatures alone:
Why scientists are trying to reengineer the cow’s stomach
Scientists in California are working to genetically engineer the cow microbiome — and in the process, eliminate methane emissions.