From HousingWire:
Case-Shiller: Home prices rising three times the rate of inflation
The S&P CoreLogic Case-Shiller U.S. National Home Prices NSA Index, which covers all nine U.S. census divisions, reported an increase of 6.2% in November. This is up from the annual increase of 6.1% the previous month.
The 10-City Composite held an annual increase of 6.1%, up from 5.9% the previous month. The 20-City Composite increased 6.4% year-over-year, up from the annual increase of 6.3% in October.
“Home prices continue to rise three times faster than the rate of inflation,” said David Blitzer, S&P Dow Jones Indices managing director and chairman of the index committee. “The S&P CoreLogic Case-Shiller National Index year-over-year increases have been 5% or more for 16 months; the 20-City index has climbed at this pace for 28 months.”
…
Some cities saw higher increases than others. Seattle, Las Vegas and San Francisco reported the highest annual gains among the nation’s top 20 cities with increases of 12.7%, 10.6% and 9.1% respectively.And one factor stands above the rest as being the main factor to the continually rising home prices.
“Given slow population and income growth since the financial crisis, demand is not the primary factor in rising home prices,” Blitzer said. “Construction costs, as measured by national income and product accounts, recovered after the financial crisis, increasing between 2% and 4% annually, but do not explain all of the home price gains.”
Good Morning New Jersey
My understanding of the economy is legendary, but my calls will go unheard. I’m just a nobody, so my calls will be ignored. Instead we listen to idiots on a daily basis who tell us the stock market is overpriced in the midst of the greatest economic boom of our lifetime.
Legendary? Post your picks in real time instead of babbling. If your so good, you should be making money hand over fist.
Cnn poll of the speech 50% approval? 29% disapprove?
Building wealth is a marathon, not a sprint. I’m more than on my way to building the base needed to create long term passive wealth accumulation.
Building wealth quickly, takes enormous risk and luck. No thanks. Usually doesn’t end well.
Did Pelosi have a stroke? What’s with her cud chewing, she looked like an idiot on camera. Maybe dip? I didn’t see her spitting in a solo cup though.
You post on these threads…here lies the problem!
The Great Pumpkin says:
January 30, 2018 at 10:49 pm
Career politicians…here lies the problem!
@paulkrugman
Drug prices are much higher in the US than in other countries. Why?
Other countries have some kind of national bargaining; the US lets drug companies exploit their monopoly power to the fullest.
Trump is going to fix this?
Will continue to post sparingly like I have been. Your happy place is safe and sound from the Pumpkin troll.
Pumpkin – timestamp all your buys/sells on here to prove it.
I think they still have those old brass spittoons down there, maybe she was using those.
More likely the look was complete demoralization. She’s totally obsolete and has presided over the loss of power for the party. And Trump has them backed into a corner with nowhere to go..
She might confuse a spittoon and the flag.
Pretty sure that Menendez was asleep for the whole thing.
Why did they put Joe Kennedy in front of an old car for the Democratic response? Do they not know the story of Ted Kennedy?
@pattonoswalt
Stormy Daniels has to listen to this man orgasm.
Where’s her Purple Heart? #SOTU
Lol!
https://nypost.com/2018/01/31/joe-kennedys-drool-mouth-outshines-his-state-of-the-union-response/
@paulkrugman
Trumpfrastructure Is a Scam
Unhinged.
I didn’t watch the SOTU address. I stopped watching them after RR. Since then, the same speeches offered at the national conventions during the primary are pretty much repeated to the same ignorant standing ovations. All talk, no action.
Were Dem woman wearing white dresses again?
How’s everyone liking Murphy? I saw yesterday where he appointed a crony to run NJ Transit. This is exactly why it’s where it is now. Whoever gives the most to the PAC wins. Check out the AECOM PAC. This dude is a staunch environmentalist who spent 17 years in the patronage mill known as the Port Authority. He cut his teeth in the maritime industry. This will really help NJT.
How’s everyone liking Murphy? I saw yesterday where he appointed a crony to run NJ Transit.
I laughed out loud when I saw it.
Even one herpes blister is unwelcome.
Will continue to post sparingly like I have been. Your happy place is safe and sound from the Pumpkin troll.
The S&P CoreLogic Case-Shiller U.S. National Home Prices NSA Index, which covers all nine U.S. census divisions, reported an increase of 6.2% in November. This is up from the annual increase of 6.1% the previous month.
Houses that go up for sale in my area and surrounding towns are going in a flash. It’s beginning to remind me of the early 2000s. Or was it always this way here and I’m now able to see it firsthand. God knows it took me forever to time it just right.
https://www.youtube.com/watch?v=zS8cN-atyt8
I can’t stand it when YouTube videos are posted here, but this one could be relevant. Anybody participating in Flipping NJ.
Houses that go up for sale in my area and surrounding towns are going in a flash. flood?
Sorry, couldn’t resist.
The mailings from realtors urging me to list is increasing. I am waiting for the door knock then it will be time to sell.
Lol – TDS is real…
“My name is Luis Gutierrez, I was elected to represent the 4th District of Illinois.
Last night our President Donald J Trump honored our veterans and said that the capitol is a monument to the people. A USA chant broke out in the chamber. I became so triggered that I stormed out of the chamber to find a safe space.
http://www.washingtonexaminer.com/rep-luis-gutierrez-walks-out-of-trumps-state-of-the-union-as-progressives-write-off-bipartisanship-permanently/article/2647638
A nice home around the corner from me took 8 months to move and got something like 70k under original asking. The asking was a little high but a comp across the street went for 50k more. I saw both homes inside and out. The nicer home went for 50k less a year later after 8 months of dragging their feet. The other home went in 5 days. It’s just one data point but an alarming one to me.
@kylegriffin1
LPGA legend Suzann Pettersen on Trump:
“He cheats like hell. So I don’t quite know how he is in business.
They say that if you cheat at golf, you cheat at business.”
Cheating in golf is not restricted to Republican presidents, however. Bill Clinton was famed for taking “mulligans” or uncounted strokes if he was displeased with his initial effort. “Playing partners don’t just give [Clinton] gimme putts,” wrote Don Van Natta Jr in a book about golfing presidents. “They give him gimme fairway shots, and gimme drives, and gimme chip shots. If someone makes a par, Clinton gets a par, too. If everyone makes a triple-bogey, Clinton gets a double-bogey.”
Golf is dull
The End Is Nigh (puzzy Edition):
http://www.nydailynews.com/new-york/artist-cries-fowl-airline-snubs-emotional-support-peacock-article-1.3788879
I just started playing golf a couple years ago. I was in a tennis slump and decided I needed a backup sport as I aged, requiring less in the reaction time department. Golf can be more frustrating than tennis. I’m a strong 3.5 USTA tennis player, but struggle to break 100 in golf. Golf is also way more expensive and less exercise.
Melania was wearing a white outfit….
@michael_ahrens
The DNC tried to bury their latest FEC #s tonight…
Dec. Raise
RNC 11.1M
DNC 5.2M
2017
RNC 132.5M
DNC 65.9M
COH
RNC 38.8M
DNC 6.3M
Debt
RNC 0
DNC 6.1M (!!)
Heading into 2018, the DNC is less than $200K away from insolvency.
From Melania’s diary, Day 1432
He’s never ever coming near this cooch again.
Censorship. Cool.
I knew Polish home was over the line. It won’t happen again.
Real estate talk? Blumpkin on ice? Wow, maybe this blog has a chance after all. My Indian neighbors just listed their house two days ago. She got a great offer from AMZ to move out west. Husband able to work remotely. Talk about a sweet arrangement. Their house is same sq ft, same BDs, BRs and lot size as mine but not as nice. Sort of strange entry and odd detached garage. They listed for 70k more than 2012 purchase price. If they get it, I will feel good. If not and it sits then cements my belief that CT is sucking wind. Several people through this past weekend though.
I think Gutierrez is pondering leaving Congress for a manual labor job.
https://www.realclearpolitics.com/video/2018/01/21/luis_gutierrez_ill_build_the_wall_myself_if_it_helps_dreamers.html
Lol – TDS is real…
“My name is Luis Gutierrez, I was elected to represent the 4th District of Illinois.
Last night our President Donald J Trump honored our veterans and said that the capitol is a monument to the people. A USA chant broke out in the chamber. I became so triggered that I stormed out of the chamber to find a safe space.
every place is safe vato…..everyplace is safe
Democrats look really stupid after last night. This whole daca debacle is going to be a big problem for them. They haven’t made a good argument yet and are using it as a political bargaining chip, they need to compromise to do and if they are unwilling they might as well sign the deportation orders themselves. The dems are acting like petulant children and it shows, I think the midterms might not be so kind to them.
12:16 let’s bet on this one….I will bet Trump lose’s his majority in the mid terms. Simply because as dumb as most American’s are they will realize that this is best…..
What’s with the African robes? I just saw a picture. I know the SOTU has become a pep rally for the party in power in recent decades. But when did it become the college quad?
Unhinged much?
Ex…I’m not so sure about this one. I think it’s status quo. The market is booming. This is USUALLY what matters. Well, unless your party runs a candidate that reminds everyone of their mom.
Trump is proving why politicians are vapid and empty but even more, he’s proving that democrats use the lesser masses for their personal gain and that makes them go absolutely out of their minds.
Justice Department asks to drop Menendez indictment, ending case launched in 2015.
Another politician walks. What a surprise.
How he could accept 650K in contributions from one person is what disgusts me more than the fact the person was convicted of medicare fraud. The free trips, the green cards, the forgot to put them down as gifts stuff is minor when compared. As usual, anything goes in our highly corrupt banana republic.
That’s usually what happens to a first term prez, but like Lib, I doubt that that is a given. The Dems really have zero platform aside from, “We hate him.” War or a good economy usually keeps the majority of voters siding with the prez. Maybe we’ll have both?
12:16 let’s bet on this one….I will bet Trump lose’s his majority in the mid terms. Simply because as dumb as most American’s are they will realize that this is best…..
McCabe’s wife took that much from Clinton…for a state race.
How he could accept 650K in contributions from one person is what disgusts me
Maybe in the House….but not likely in the Senate.
Ex-Jersey says:
January 31, 2018 at 12:19 pm
12:16 let’s bet on this one….I will bet Trump lose’s his majority in the mid terms. Simply because as dumb as most American’s are they will realize that this is best…..
re:”robes? I just saw a picture”
cultural appropriation!
As much as it annoys me to see Gary lavishing this moment of Republican majority joy, especially when he utters the shallow stuff. It pains me more to see how absolutely clueless the Dem platform continues to be. I am beginning to see a few minor players start to get it, but unfortunately, the big mouths, like the Pelosis and the Schumers, who bleed the liberal playbook, are ensuring continued Republican majority rule with it’s complete disregard for the poor, the environment, individual rights (except when it comes to guns), etc. And I hate to say this too, but Trump’s success with the economy has everything to do with Trump’s crackhead ideas and nothing to do with Republican agenda. Time will tell if any of it works. If it doesn’t, this whole kissing of Trump’s ass like he’s a savior, could backfire terribly for the Republican Party. The question is…is Trump playing the red team, or does he really want to join them? I’m leaning towards the former. This doofus plays everyone for his personal benefit.
“American’s are dreamers, too.”
President Triumph teaching the GOP how to fight and the p.ussy left is throwing a tantrum. The fems… er… I mean dems last night looked defeated, clueless, dejected and lost. Enjoy your resistance party.
To be honest, that comment in the SOTU was a knockout……..fcuking smoked the Dems big time……really effective……
Fast Eddie says:
January 31, 2018 at 1:58 pm
“American’s are dreamers, too.”
President Triumph teaching the GOP how to fight and the p.ussy left is throwing a tantrum. The fems… er… I mean dems last night looked defeated, clueless, dejected and lost. Enjoy your resistance party.
As ex-pat said, par for the course for there to be a voter reaction to a Presidential election with a sweeping in of the opposing party………..withstanding Trump is a s3umbag….
Ex-Jersey says:
January 31, 2018 at 12:19 pm
12:16 let’s bet on this one….I will bet Trump lose’s his majority in the mid terms. Simply because as dumb as most American’s are they will realize that this is best…..
Everyone saying the high end will fall ..if it does and the homeowners appeal the middle and lower end will see higher taxes with rising rates …I saw the exact thing happen after Sandy where waterfront homes assessed values got dropped 10 -20% while the rest of the towns stayed the same but taxes rose 10% easy ….people were not happy .
To be honest, that comment in the SOTU was a knockout……..fcuking smoked the Dems big time……really effective……
I had it on TV, wasn’t fully engaged, did a double take when I heard that.
That Dreamer comment smoked on so many levels….lol, maybe Trump can appropriate that terms as well, same way he took ‘fake news’ away from the Dems.
Lib, Trump has zero desire of joining the Red team, or any team for that matter.
Censorship. Cool.
?
12:26 that’s a very strange way to look at things especially in the light of just about measure of reality.
1:22 well put.
‘The fems… er… I mean dems’
Umm….ok. Kinda scrapping the bottom of the barrel here.
I never realized how much of a joke the general populace is. Are we really clapping and cheering on a president that has been in office for one year for getting the economy going? Really can’t make this stuff up and yet I’m the village idiot. Aristotle was right, democracies don’t work, too many ignorant folk for it to ever work.
That’s one post too many. Back to the well boy!
Are we really clapping and cheering on a president that has been in office for one year for getting the economy going?
Yes, and the fact that he’s schooling the phonies and frauds on the left. He talks but the f.ucking guy wins.
I think only those that cheer for laundry really want to trade in a government that accomplishes something for one that accomplishes nothing. People on the coasts just don’t get it all. Hillary had a 6 million vote lead in just NY and CA combined. She lost the popular vote by 3 million in the other 48 states combined, including the really blue ones.
12:16 let’s bet on this one….I will bet Trump lose’s his majority in the mid terms. Simply because as dumb as most American’s are they will realize that this is best…..
Retirements! Everywhere. Like Rats on a sinking ship. GOP leaders are exiting in droves. People can love this PoTus for all I care….
Ex-Edward Jones FA Settles Over Alleged Fake S5x Ads
January 31, 2018
Watchdog Finra has suspended a former Edward Jones advisor and fined him $7,500 for allegedly impersonating a competing registered representative in online s5x ads, according to a letter of acceptance, waiver and consent posted by the industry’s self-regulator.
Paul Martin Betenbaugh allegedly posted ads soliciting s5xual encounters with men on three separate occasions in September and October 2015, Finra says.
The ads included the competing rep’s business cell phone number, and the rep allegedly received texts and phone calls responding to the ads, according to the letter.
Betenbaugh, his fellow advisor Lisa Rodriguez and Edward Jones were sued last summer by Dalas Gundersen, who accused them of perpetrating a smear campaign that included bogus Cra!gslist s3ex ads. Edward Jones had fired Gundersen in December 2014 for alleged violations of company policy on trade confirmations. Rodriguez has denied any role in the Cra!gslist affair.
I listened to the SOTU and wow that was depressing. The first though was yes, he is reading the speech and sticking to the script. Another be it rare flash of Donnie with the demeanor that I would like to see in a CinC. Some self control and focus on the task. But that soon changed when I started hearing the message the speech conveyed and oh boy that was bad.
He might as well have done a live remote from Charlotsville. I’m sure every Wh1te Supremisist was jacking off as hard as Gary.
The couples from Long Island were particuarly sicking, Using their grief for political grand standing was a new low. Yes MS-13 is a problem. So are the He11s Angels, Bloods, Cripss, Ar yan Brotherhood and every other gang runnning drugs. Solve the drug problem and the gangs go away.
The worst line of the speech “I call on Congress to empower every Cabinet Secretary with the authority to reward good workers and to remove federal employees who undermine the public trust or fail the American people.” Looking at what is happening in the EPA, State Dept, DOJ and all down the chain. There will be a 40yr walk back from the damage this presidency is causing.
With Black unemployment at record lows (Donnie did it in a year, what BS), you throw out all the illegals and eliminate unskilled immigration, “Who shovels Sh1t in the Gulch?”
“continued Republican majority rule with it’s complete disregard for the poor, the environment, ”
The majority will try to be maintained with the district redrawing and the voter ID laws ALEC are pushing.
Do you see the irony here where you say that the GOP have disregard for the poor, yet it is the Dems that you claim are disenfranchising them.
Its stunts like this that make you wonder what this Russia probe will end up unearthing. You have to wonder what they are trying to hide or protect?
https://twitter.com/RepAdamSchiff/status/958897790469464064
“American’s are dreamers, too.”
There is a very simple response to this.
The American Dream was the envy of the world, this Administration has choked and killed the Dream.
The Dream is not for you, if you are not Rich.
If you don’t have money, the Dream is not for you if you don’t have the required Skills.
If you don’t have the required Skills, the Dream is not for you if you don’t have the required Religion.
If you don’t have the required Religion, the Dream is not for you if you were not born in the required country.
The Dream is Dead.
Looking forward to the Superbowl. Hopefully it will be a good one. some fun stats in here
https://fivethirtyeight.com/features/who-hates-the-patriots-the-most/
For example, the fan groups who hate Dallas the most — Philadelphia and Washington — really, really hate them:
Personally I don’t have a problem with the Pats. I always have the memory of the 85 Bears beatdown to keep them in check. https://www.youtube.com/watch?v=ahFya9H06rA
Go Niners. This time next year!
From my News Feed. “Hope Hicks, Sinks Ships”
http://q13fox.com/2018/01/31/new-york-times-witness-will-tell-special-counsel-about-alleged-hope-hicks-vow-that-emails-will-never-get-out/
Nothing to see here, move on!
Fab feeling really butthurt, all emotional and stuff……
Need one amplification…
“Using their grief for political grand standing was a new low. ”
See Obama in in Sandy Hook. The bodies weren’t even cold and he was up there at a podium grandstanding his political viewpoint on guns.
Oooops, I forgot. Obama wasn’t grandstanding because the Left’s opinions are…well…just…the truth and indisputably RIGHT.
Trump was grandstanding because anyone holding an opposing view is just holding an opinion, and that’s flat out WRONG.
Apologies, forgot to engage my liberal hypocrisy and double standard decoder ring.
This sums it up. I recall Eddie Ray making the Judeo- Christian founders argument back in the day.
http://www.nj.com/opinion/index.ssf/2018/01/nj_senator_a_white_man_just_wants_to_feel_comforta.html
“The basic culture of this country is European and Christian and I think that if we lose that, we lost America…I don’t think we should suppress other races, but I think if we lose that white — what’s the word for it — that white dominance in America, with it we lose America.”
Left,
Sandy Hook, is tied to the Gun Control debate.
Those kids died not because of Immigration (chain or whatever), but of gang violence, the two are not tied.
No Butt-hurt here, just sadness.
And I get partisan politics. For all the noise on Nancy et al, sitting through Donnies speech, it is perfectly balanced by all the GOP asses glued to seats when O was delivering.
You O haters can dream what could have been.
https://www.youtube.com/watch?v=SQFxj15IrIw
11:48 dumb
The callousness of the conservative is well documented. It is an easy group to join just get a partial labotomy and a bible.
In an unusual public statement Wednesday, the bureau objected that it had only “a limited opportunity to review” the memo the day before the House voted Monday to release it. The statement added that the FBI had “grave concerns about material omissions of fact that fundamentally impact the memo’s accuracy.”