From Prudential Fox and Roach:
Low inventory fuels real estate market
Buyers and sellers in the New Jersey-Pennsylvania region will enter a highly competitive housing market in 2016 as the economy continues to get stronger, according to a survey of Berkshire Hathaway HomeServices Fox & Roach Realtors agents.
Forty-one percent of agents reported that both buyers and sellers will have equal power in 2016, an increase from 37 percent last year, while buyers’ power decreased from 44 percent to 34 percent in the survey. The online survey of 347 BHHS Fox & Roach agents was conducted from Nov. 3 to 20, 2015.
Agents feel positive about current regional market conditions for both buyers and sellers, but the sellers position is strengthening, as 53 percent of agents feel it is a good time to sell (up from 48 percent in 2015), while the percentage of agents that feel it’s a good time to buy remained the same as last year (77 percent).
Data from the BHHS HomExpert First Nine Months report shows monthly average inventory has remained relatively stagnant since 2012. Limited housing options will continue to fuel competition, with 30 percent of agents reporting that limited supply/inventory will be the biggest hurdle homebuyers will face in 2016.
In spite of the competitive atmosphere, agents are still seeing 67 percent of buyers submitting an offer below asking price, hoping the seller sees they overpriced the home, and 11 percent are willing to walk away if they need to increase their offer that will increase their mortgage from their current home.
Good Morning New Jersey
I bought my house in the last week of 2011. My zillow estimate(not that it’s the most accurate tool) has gone up a 100,000 since I bought it.
From yesterday’s thread, yes many liberals are social evolution deniers. They don’t think there is any link between genetics and behavior. If you read between the lines anon believes that if Congo simply had the social welfare state of northern Europe, the people there would be as productive and wealthy. Pass the Marxist Kool-Aid.
Subject of stereotypes at the end of the day yesterday. Thought people would find this interesting. Always laughed at the naive belief by some people that polish people were indeed stupid. Did they ever learn about the first human being to realize that the earth revolved around the sun? That has to be one of the most intelligent discoveries in the history of mankind. It was no accident, he was applying math to the stars, challenging the common beliefs of his time.
“Polish “jokes” came from Nazi German propaganda that was then pushed ironically by Soviet communist sympathizers in Hollywood.
The racist stereotype that Poles are intellectually inferior or have subhuman intelligence, originated from Nazi German propaganda and Soviet propaganda.
For example, the myth that Polish horses were used to attack German tanks in World War II was total Nazi German propaganda that the Nazi Germans repeated over and over until it took a life of its own using the “Big Lie” technique. (Click on link for more on the Nazi propaganda on Polish Calvary attacks). The Big Lie is defined as “the intentional distortion of the truth, especially for political or official purposes.” This tactic of trying to deceive a country’s citizens was written about by Adolph Hitler. [“The great mass of people will more easily fall victim to a big lie than to a small one.” Adolf Hitler (1889-1945), Mein Kampf, Vol. 1, Chapter 10, 1925].”
http://www.polamjournal.com/Library/Fighting_Defamation/The_Origin_of_the_Polish_Joke/the_origin_of_the_polish_joke.html
Agree. How could the smallest continent on earth have so much influence on the rest? They came up with technology faster than the rest. Does it mean they are smarter? I don’t know. Luck could have played a role, but there is no denying the rate of progress in Europe from 1400-1900 as compared to the rest of the world. They started the industrial revolution, which some parts of the world still have not even started. You had a tiny little Island control most of the world. They controlled India, which was much larger in size and population. America basically became great by importing all the best Europeans. So American progress really is European progress. I know not so much today, but 1800’s and most of the 1900’s, American progress was built by European culture and beliefs. NO DENYING THAT.
nwnj says:
January 30, 2016 at 9:43 am
From yesterday’s thread, yes many liberals are social evolution deniers. They don’t think there is any link between genetics and behavior. If you read between the lines anon believes that if Congo simply had the social welfare state of northern Europe, the people there would be as productive and wealthy. Pass the Marxist Kool-Aid.
Buy Now or get locked out of the market … forever….!
Personally I like the fact that there are fewer homes.
Yet somehow I do not see the price pop in my little town.
I grew up believing that JJ keeps his eye on us all…..
Regarding Europe, I defer to Niall Fergusson – 6 Killer Apps of the West. From the PBS series – The West & The Rest.
http://www.pbs.org/wnet/civilization-west-and-rest/killer-apps/
http://www.ted.com/talks/niall_ferguson_the_6_killer_apps_of_prosperity
Ya think?
The New York Times’ editorial board on Saturday endorsed Hillary Clinton and John Kasich for the Democratic and Republican presidential nominations.
I bought in 2010, Zillow says my home value is up 250k since buying. I’ll believe it when I see it when actually selling years from now.
NYT’s young commies must feel betrayed by the Clinton endorsement. Bernie is where their heart is. Kasich is the ideal “caretaker of the welfare state” republican.
I like Niall, but think that his 6 are slightly off the mark. Reason, rights-including property rights, incorporated into rule of law, and the work ethic that naturally follows when worldly people are allowed to keep the product of their effort.
“Why Nations Fail” is a good book about prerequisites for successful economies.
Ragner your analysis is insipid.
Essex, Ragnar is a self admitted resident/grew up in a poor white area (I don’t like to say trash) in the south. Ragnar is desperately trying to compensate for it and his perceived misgiving.
Hannibal Lecter said a few things about his upbringing.
https://youtu.be/EMVqIISyp60
Blump,
Funny, I bought from sellers last year who bought in 2011. They thought their house went up $175k between 2011 – 2015 and priced it accordingly. They had their a$$es handed to them by the market, then by me. By my estimates, they lost $40K when you factor in closing costs, appliances, fixes to the house. I paid them only $20k than 2011 more but they had at least $40K into place. Nice house though.
7
Consumerism is a by-product.
Joyce, recommend you see the 20 minutes TED talk video I linked above. It explains a lot.
In short, consumerism is the reason of the industrial revolution. Buying cr@p is the fuel of it. He makes a point, the opposite side was Mahatma Gandhi and standardize poverty where only needs are fulfilled. Check the video link.
Joyce, recommend you see the 20 minutes TED talk video I linked above. It explains a lot.
In short, consumerism is the reason of the industrial revolution. Buying cr@p is the fuel of it. He makes a point, the opposite side was Mahatma Gandhi and standardize poverty where only needs are fulfilled. Check the video link.
“Consumerism” is reversing cause and effect in economics.
Still just need a really good pandemic to clean out a fifth of the population.
Solves most of the nation’s issues.
G0d damn big pharma. Scale back that R&D.
How’s that punkin’ filter coming along?
A-none/Gourd, Fabu, inter alia various soci@list denizens;
Here’s what happens when you try to implement soci@lism in real life, absent force of a tyrannical government:
‘Anti-capitalist’ campus co-op faces shutdown because renters refuse to pay rent
Imagine that — true believer soci@lists are just deadbeats at heart. Who could have seen that coming?
I can’t imagine this will be good for Florida vacations or RE.
http://unitedmediapublishing.com/zika-virus-spreading/
16,17
I watched the video, which is what I was responding to
18
Yes
The real fun in the possibility of a guy like Bernie winning is to see the productive among us find out who gets to foot the bill for single-payer and all the other collectivist stuff that could come our way.
I actually like the guy. He is an honest man amongst thieves, and he does represent individual Americans. However, in the end, soci@lism always runs out of other people’s money.
BTW, I have a niece in Montreal who nearly died while waiting on a surgery list for an 15-minute outpatient procedure to remove a small bump in her hairline.
She ever look into taking advantage of Latin American doctors? If the situation gets this bad?
If we keep our current healthcare system, how can we control costs? Pretty much all worker productivity has gone to a rise in healthcare costs as opposed to increased purchasing power to help the rest of the economy grow. How can one aspect of our economy take so much of the productivity gains? It can’t last. Something has to be done.
“BTW, I have a niece in Montreal who nearly died while waiting on a surgery list for an 15-minute outpatient procedure to remove a small bump in her hairline.”
Exactly, you are picking an honest man. Let an honest man have a chance. Maybe he doesn’t change anything for the better, but let’s give an honest man a chance for once. I’m sick of voting for thieves that are acting against your own best interest. Should I hate Bernie for wanting to invest in our population by providing a college education that doesn’t put them in debt? That’s good for the country, more educated individuals increases our chances of being world leaders, hence increasing production (more tax payments), which leads to lower taxes for the general population and a much stronger economy.
He also wants to keep healthcare costs down. I say give him a try. It can’t be worse than the current situation with out of control healthcare costs that rise like 10% a year. Soon, my entire paycheck will go to rising healthcare costs if we keep this up. What do we have to lose by giving this guy a chance?
“I actually like the guy. He is an honest man amongst thieves, and he does represent individual Americans. However, in the end, soci@lism always runs out of other people’s money.”
Yes, that’s why I have been trying to get you to look at the economics in a new way. What if 1800’s economic theory was looking at economics as too black and white. What if economics was a supposed to be a shape-shifter? Shifting shape and principles to attack whatever the problem may be. I truly think this is the future of economics. It’s too naive of a approach to stick with one fundamental model and only allow economics to be viewed through these lens.
Not an attack on you or your way of thinking. I’m just trying to have a serious discussion with a smart individual that has different views and opinions of economics from my own. Meaning, we both won’t learn from discussions with people that think the same, we grow by talking to individuals with different views. That’s how different angles are realized, you don’t gain a different angle from talking to someone that thinks just like you.
Ragnar says:
January 30, 2016 at 5:40 pm
“Consumerism” is reversing cause and effect in economics.
Fast eddie, where are your sunday morning rants on real estate? You happy?
Miss reading those, it was pure comedy watching you rag on the biggest pos in the area asking way too much.
If you wanted to know if you were selling an overpriced pos in the bergen area, come on here during the weekend and if you see fast eddie talking about your house, you are in trouble.
Punkin’ filter?
Watched a kid from suburban Toronto play a whole season of NCAA lacrosse last year on two knees that appeared to have been repaired by Paul Bunyan.
Both knee procedures were simple arthroscopes: one for meniscus, one for a partially-torn MCL. One year after the surgery, the kid couldn’t walk, much less run. The team doctor wouldn’t clear her to play, so she went to her doctor in Canada, who did.
Not only were the surgeries obviously botched…the kid was on a waiting list for six months before even getting them, and her doctor didn’t even bother to shut her down during the wait.
Had the surgeries re-done at Univ. of Rochester after the season & regained full range of motion and strength within six months. Worked out all summer, lost 25 lbs, back in shape now. Hmmm…
Soci@lized medicine is simply choosing the devil you know. We’ll have medical care for all, but it will just be incredibly, consistently shitty.
Sanders will win the vote is the unemployable and disenfranchised.
Trump will win the elderly and affluent.
Guess it’s better in theory than applied to real life. Guess I’m better off voting for Trump. I don’t want to be left with that kind of a “hacking” surgery.
Splat What Was He Thinking says:
January 31, 2016 at 9:25 am
Watched a kid from suburban Toronto play a whole season of NCAA lacrosse last year on two knees that appeared to have been repaired by Paul Bunyan.
Both knee procedures were simple arthroscopes: one for meniscus, one for a partially-torn MCL. One year after the surgery, the kid couldn’t walk, much less run. The team doctor wouldn’t clear her to play, so she went to her doctor in Canada, who did.
Not only were the surgeries obviously botched…the kid was on a waiting list for six months before even getting them, and her doctor didn’t even bother to shut her down during the wait.
Had the surgeries re-done at Univ. of Rochester after the season & regained full range of motion and strength within six months. Worked out all summer, lost 25 lbs, back in shape now. Hmmm…
Soci@lized medicine is simply choosing the devil you know. We’ll have medical care for all, but it will just be incredibly, consistently shitty.
I bought my house in the last week of 2011. My zillow estimate(not that it’s the most accurate tool) has gone up a 100,000 since I bought it.
I bought my house in Oct 2013. The Zillow estimate is $130k over my purchase price. Must have been new top of the line heater.
You are a churlish coot with lactating man-breasts and a frightening obsession with poutine.
Splat What Was He Thinking says:
January 31, 2016 at 9:25 am
Watched a kid from suburban Toronto play a whole season of NCAA lacrosse last year on two knees that appeared to have been repaired by Paul Bunyan.
Both knee procedures were simple arthroscopes: one for meniscus, one for a partially-torn MCL. One year after the surgery, the kid couldn’t walk, much less run. The team doctor wouldn’t clear her to play, so she went to her doctor in Canada, who did.
Not only were the surgeries obviously botched…the kid was on a waiting list for six months before even getting them, and her doctor didn’t even bother to shut her down during the wait.
Had the surgeries re-done at Univ. of Rochester after the season & regained full range of motion and strength within six months. Worked out all summer, lost 25 lbs, back in shape now. Hmmm…
Soci@lized medicine is simply choosing the devil you know. We’ll have medical care for all, but it will just be incredibly, consistently shitty.
36. He’s complicated. You’re latent. See the difference?
In “The Rise and Fall of American Growth,” Gordon doubles down on that theme, declaring that the kind of rapid economic growth we still consider our due, and expect to continue forever, was in fact a one-time-only event. First came the Great Inventions, almost all dating from the late 19th century. Then came refinement and exploitation of those inventions — a process that took time, and exerted its peak effect on economic growth between 1920 and 1970. Everything since has at best been a faint echo of that great wave, and Gordon doesn’t expect us ever to see anything similar.
38 – so sys the guy who posted that on his iPhone.
38 – over the Internet.
yeah the internet made me riiiiiich….
Hillary is toast! The Classified Email problem is not going away.If she gets indicted,she can kiss the campaign goodbye. Sanders, Trump for President
It’s way worse than that for her….she is shrill and annoying. Not especially who most people who like to represent them. Unless you are the NYTimes……then you are fucing Ridiculous…
Bernie Sanders is 74 years old. Yikes! Is he up to the job??
Better senile and in diapers (Bernie is in better shape than St.Reagan) than a Clinton!
Better the egocentric Bronx Zoo chimpmunks’ manchurian candidate than a Clinton!
Hell yes, both are up to the job.
Better senile and in diapers (Bernie is in better shape than St.Reagan) than a Clinton!
Better the egocentric Bronx Zoo chimpmunks’ manchurian candidate than a Clinton!
Hell yes, both are up to the job.
Drinking beer outside the Pru center for the Bruce Show tonight, grey haired crowd for sure.
47. Priced the young fans out of live music for realz. You gotta be affluent to go see Bruce or care enough (which I do) to buck up. River is a great great album. Heard him play most of it in 1981….
F’ Sanders. For once I think I will vote my pocket book, Big Pharma 4Eva……TRUMP 2016
Gonna be a long night, here is the set list they are on price you pay, his mom and sister are in the audience as well so he is at the top so his game. I for ine wonder what kind of scripts he is on, he sounds better then when I last saw him a few years back.
Meet Me in the City
The Ties that Bind
Sherry Darling
Jackson Cage
Two Hearts
Independence Day
Hungry Heart
Out in the Street
Crush on You
You Can Look (But You Better Not Touch)
This Little Girl
I Wanna Marry You
The River
Point Blank
Cadillac Ranch
I’m A Rocker
Fade Away
Stolen Car
Ramrod
The Price You Pay
Drive All Night
Wreck on the Highway
Darlington County
Prove It All Night
The Promised Land,
Tougher than the Rest
Wrecking Ball
The Rising
Thunder Road
No Surrender
Born to Run
Dancing in the Dark
Rosalita
Shou
[36] chifi,
For every action there is an equal and opposite reaction. In countries with socialized anything, that is a recipe for petty graft.
http://www.theglobeandmail.com/news/politics/queue-jumping-common-in-alberta-health-care-system-inquiry-finds/article13900015/
And concierge medicine is making a big inroad in Canada. Physicians are prohibited from taking private payment for care, but you can join what is effectively a co-op that gets you into a private network (and actual care is billed to the province as with any other doctor). So you cannot pay privately for care but you can for access.
[51] redux,
Oh, and anything (and I mean anything) that isn’t within the Canadian health care system gets billed up the wazoo. Even getting a note from a doctor commands an extra fee from what I understand.
http://www.bloomberg.com/news/articles/2016-02-01/bofa-the-oil-crash-is-kicking-off-one-of-the-largest-wealth-transfers-in-human-history
I seen a wordpress template on http://www.nuttythemes.com which will look a lot better on your site. At the moment this theme does not make your blog look that great in my opinion. Please correct me if I’m wrong.. what do you think?