From National Mortgage News:
Thank Landlords for the Home Price Recovery: Attom
Small investors, not first-time homebuyers, are driving home prices to unaffordable highs, according to a new report from Attom Data Solutions and Clear Capital.
Real estate investors drove the home price recovery, but a different segment of this market is poised to continue to shape the housing markets.
At first, it was the institutional investors that took advantage of the housing downturn, buying properties as home prices hit their bottom. But as prices rose, these investors cashed out and were replaced by smaller investors.
Rather than flip these properties, many of these investors turned to the rental market for money making opportunities.
The report shows though that over time the smaller investors became the main driving force behind home price appreciation, particularly as the homeownership rate remained low and the buyer share comprising Federal Housing Administration borrowers flattened out.
“Because the driving force behind this housing recovery has been real estate investors, home prices have risen higher and more quickly than if the recovery had been driven more heavily by first time homebuyers,” Attom and Clear Capital wrote in the report.
Good Morning New Jersey
Buy now or forever be priced out!
I think this is the magic line that’s a great tell. When you start hearing this talk, you will know we are in a bubble again.
Stupid move. Makes absolutely no sense. He states that he wants to get rid of Mexican gangs in America, but then he wants to make this illegal? You make this illegal, and all you are doing is feeding organized crime while increasing the amount of tax money needed to enforce these rules. Cut off the head, and just legalize it. Don’t be stupid.
https://www.bloomberg.com/news/articles/2017-02-24/marijuana-industry-angered-by-white-house-reversal
Buy now or we priced out forever first heard that line back in 1987! The more things change the more they stay the same at least as far as real estate.
I’ve watched people rush into real estate purchases because they were driven by fear of never affording anything. That single impulse is largely the decision most responsible for the quality of life they are living. I know some people that were set back nearly 10 years from their silly purchase.
Blue agreed.
Bull Spit….at 4% for 30 yrs is free dough
how you got that 10 yr number? you right wingers make all sort of shiit up to back your jealousy
Blue Ribbon Teacher says:
February 25, 2017 at 10:22 am
I’ve watched people rush into real estate purchases because they were driven by fear of never affording anything. That single impulse is largely the decision most responsible for the quality of life they are living. I know some people that were set back nearly 10 years from their silly purchase.
@ericgarland
Them: “Hey, new DNC chair.”
Me: “Is he/she a fascist under influence of a foreign power?”
Them: “Nope!”
Me: “Well then that’s awesome.”
Grab so now an innocent observation about real estate is a sign of a right winger. You so called liberals have become unhinged and might I add an angry unhappy bunch too.
Bull Spit….at 4% for 30 yrs is free dough
how you got that 10 yr number? you right wingers make all sort of shiit up to back your jealousy
Lets see, how did I get that 10 year number? 26 year old buys Townhome at 350k in 2006. 2 years later, 28 year old then gets married and would like an actual house. 28 year old can’t sell $350k townhome so moves out and rents out 350k townhome at a loss while 28 year old now rents actual house. The now 36 year old finally sells townhome for $300k in 2016. So their downpayment vanished after 10 years and then they finally move into their desired home. If they had just waited until they were 30, they woulda bought the home they truly wanted and not be out that $50k.
I’ve seen this happen to at least three people in the past 10 years. All were cases in which the person was made prior to them getting engaged/married. All purchases were based on some fictitious belief that they were “building equity” and renting is just “throwing money away”.
I love how think this is a right/left issue. I also love how you think I’m a right winger.
Do any of these protests actually do anything whatsoever?
Nordstrom protest has made Ivanka shoes the number one shoe on Amazon.
Lots of immigrants fired for walking off job on protest day.
Now women are supposed to take the day off on March 8th?
So lets see. Trump wins election due to people sick of the pussification of America. How does the Left respond? By acting like even bigger puss1es. And the DNC just put another DC insider at the head of their party. Enjoy two terms morons. You simply don’t get it. And how has your life been affected so far? Progressives are the biggest sore losers in the history of the world. I never expected this. They truly are unhinged.
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Who to blame? | New Jersey Real Estate Report
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Blue Ribbon [10:13];
I love how [you] think this is a left/right issue.
To a TDS-addled leftists like Pu$$y, every issue is a left/right issue.
Now bake that cake, Pu$$y!
When the Civil War comes, Eddie and I can hunt down the puzzy and put him out of his misery. He has to come out for food sometime.
Eddie, I have an extra AR for you to use.
FlabMax History Lesson (clot Edition):
http://nypost.com/2017/02/25/hitler-was-high-out-of-his-mind-on-cocaine-meth-and-opiates/
from Kyle Smith:
Here’s the left’s next great idea for bringing down President Trump: another women’s march. Which means another public instance of Trump haters shouting slogans to one another and mistaking it for constructive politics. What progressives need to defeat Trump is outreach, but all they have is outrage.
On March 8, organizers seem to be aiming for a different vibe than the librarians-in-pu$$y-hats element that made the first women’s march after Trump’s inauguration so adorable.
Instead of milling around Washington, organizers have in mind a “general strike” called the Day without a Woman. In a manifesto published in The Guardian on Feb. 6, the brains behind the movement are calling for a “new wave of militant feminist struggle.” That’s right: militant, not peaceful.
The document was co-authored by, among others, Rasmea Yousef Odeh, a convicted terrorist. Odeh, a Palestinian, was convicted in Israel in 1970 for her part in two terrorist bombings, one of which killed two students while they were shopping for groceries. She spent 10 years in prison for her crimes. She then managed to become a US citizen in 2004 by lying about her past (great detective work, INS: Next time, use Google) but was subsequently convicted, in 2014, of immigration fraud for the falsehoods. However, she won the right to a new trial (set for this spring) by claiming she had been suffering from PTSD at the time she lied on her application. Oh, and in her time as a citizen, she worked for a while as an ObamaCare navigator.
You can see why she’s a hero to the left. Another co-author, Angela Davis, is a Stalinist professor and longtime supporter of the Black Panthers. Davis is best known for being acquitted in a 1972 trial after three guns she bought were used in a courtroom shootout that resulted in the death of a judge. She celebrated by going to Cuba.
A third co-author, Tithi Bhattacharya, praised Maoism in an essay for the International Soc!alist Review, noting that Maoists are “on the terrorist list of the US State Department, Canada, and the European Union,” which she called an indication that “Maoists are back in the news and by all accounts they are fighting against all the right people.” You know you’re dealing with extremism when someone admits to hating Canada.
The International Women’s Strike is meant to be a grass-roots affair, with womensmarch.com promising more information about how to participate in local protests across the US. Women around the country are being urged to walk off their jobs and join a demonstration near them.
According to The Guardian piece, women should spend their day “blocking roads, bridges, and squares, abstaining from domestic, care and sex work” and “boycotting” pro-Trump businesses. Also every woman is supposed to wear red in solidarity.
The bristling tone of the manifesto and its call for a “militant” uprising are yet another indicator that liberals are increasingly willing to justify violence in the name of opposing Trump. After the Berkeley campus erupted in flames and violence to protest the planned appearance of Milo Yiannopoulos, many progressive activists took to Twitter to cheer them on. Hollywood stars Debra Messing and Sarah Silverman both tweeted their support, with Messing saying, “RESISTANCE WORKS” and Silverman ranting: “WAKE UP & JOIN THE RESISTANCE. ONCE THE MILITARY IS W US FASCISTS GET OVERTHROWN. MAD KING & HIS HANDLERS GO BYE BYE.”
Progs are equally enthusiastic about the idea that it’s OK to punch people as long as you hate them: “Stranger Things” star David Harbour said at the Screen Actors Guild awards, “We will, as per Chief Jim Hopper [the character he played on the show], punch some people in the face when they seek to destroy the weak and the disenfranchised and the marginalized.” Nice liberal Democrats should be aware that this newer, angrier cohort is just as hostile to their own party. “I have problems with the Democratic Party that is just as linked to the corporate capitalist structure as the Republican party,” Davis said at a rally last year.
Anti-Trump activism seems to have little to do with the political arts required to win elections — finding common ground, forging alliances, making friends. Instead all of these demonstrations are about denouncing enemies, and making yourself feel better about the November defeat by gathering publicly with those who share your rage. This sort of thinking leads to such self-defeating acts as interrupting traffic in places like New York City (where Trump got 18 percent of the vote) or San Francisco (9 percent).
If you want to persuade working-class Trump voters in Wisconsin to join your cause, annoying rich liberal Democrats trying to get to work a thousand miles away is a strange way to go about it.
best line:
You know you’re dealing with extremism when someone admits to hating Canada.
It’s remarkable to go to see this site and reading the views of all colleagues on the topic of this piece of writing, while I am also eager of getting knowledge.
https://www.yahoo.com/news/swedish-politician-wants-workers-paid-002159561.html
“A Swedish politician wants workers to take paid sex breaks”
I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz answer back as I’m looking to create my own blog and would like to know where u got this from. appreciate it
@religiousjaw
Clinton picks Kaine – loses election.
Dems pick Perez – disbands party.#DemExit
Dems wander in the desert for (4) years.
Karma’s a B1tch
http://www.foxnews.com/us/2017/02/26/rachel-dolezal-white-woman-who-identifies-as-black-now-jobless-may-soon-be-homeless.html
I think Elizabeth Warren should offer her a job
http://www.foxnews.com/us/2015/06/16/ousted-spokane-naacp-head-sued-howard-u-for-discrimination-claiming-was-white.html
I wonder what they’ll do with Willowbrook mall after it closes? Wayne is the new Paterson.
http://newyork.cbslocal.com/2017/02/26/large-brawl-sparks-panic-at-willowbrook-mall/
I hope the media reports that the Academy of Motion Pictures is in chaos tomorrow.
I can’t believe the Russians interfered with the Oscars. We need a special prosecutor. Karma’s a b1tch, ain’t it?
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