The Great Migration Continues

From Redfin:

Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers

A record share of homebuyers are relocating because high mortgage rates have made housing more expensive than ever, making relatively affordable areas more attractive. Phoenix, Las Vegas and Miami–where the typical home is much less expensive than coastal cities like San Francisco and New York–are the most popular metros for homebuyers moving to a different part of the country. That’s in spite of those places facing ever-worsening climate risks like heat, drought and flooding. 

But that doesn’t mean more homebuyers are looking to relocate. In fact, the number of homebuyers looking to relocate to a new metro is down 7% from a year ago, the biggest decline on record, as elevated mortgage rates push many Americans out of the homebuying game altogether. Still,  out-of-town moves are holding up better than in-town moves: The number of homebuyers looking to move within their current hometown is down a record 18%. 

In other words,  the overall homebuying pie has shrunk, but buyers moving to a new metro make up the biggest piece of that pie on record. 

This entry was posted in Demographics, Economics, National Real Estate. Bookmark the permalink.

80 Responses to The Great Migration Continues

  1. grim says:

    From CNBC:

    House hunting is already tough. Guess what? It’s about to get harder

    Anyone out shopping for a home on the resale market knows the pickings are slim. They’re about to get slimmer.

    The number of homes for sale this month was actually 7% higher than June of last year, according to But, in just the last week, that comparison went negative, with the number of homes for sale falling below year-ago levels for the first time in 59 weeks.

    New listings in the last week of June were down 29% from the same week a year ago. That’s a wider drop than previous weeks.

    With mortgage rates surging ever higher, crossing over 7% again on the 30-year fixed Thursday, according to Mortgage News Daily, homeowners have very little incentive to sell their homes. The vast majority of homeowners with mortgages have rates below 4%, with some even below 3%.

    An even tighter housing market ahead means home prices are unlikely to cool. Prices peaked last June, after rising over 45% from pre-pandemic levels. They began to fall because mortgage rates had doubled in a matter of months. But prices bottomed in January, according to the latest S&P Case-Shiller home price index, despite still higher interest rates and slower sales.

    “The ongoing recovery in home prices is broadly based,” Craig Lazzara, managing director at S&P DJI, said in a release.

  2. Jim says:

    First after thin Grim

  3. Fast Eddie says:

    “The ongoing recovery in home prices is broadly based,” Craig Lazzara, managing director at S&P DJI, said in a release.

    Donuts are round, the sky is blue and if my aunt had balls, she’d be my uncle. What a nothing statement. What recovery? Recovery from what? Taking smelling salts as they revive you from signing a contract on some dump? That’s the only recovery I can see. If you didn’t buy a house prior to covid, you’re a fucking daredevil if you buy now. A 40% plus increase in 2 to 3 years? What horror. Best and final by EOD, no negotiation. This is my price. Don’t like it? Take exit 21 on the NYS Thruway and drive 40 miles west, you may find something in your price range.

  4. Fast Eddie says:

    $40,000 down, $1,350 per month in PITI, welcome home, kids!–2011474420

  5. Fast Eddie says:

    $781 per month… for those working remotely… hmmm…–2011305178

  6. Fast Eddie says:

    Stuyvesant, NY; median household income, $169,000/yr. Well?

  7. Old realtor says:

    Not only should you expect no negotiation, you should expect to pay at least $100,000 over ask!

    Just did a search of closed sales in Glen Rock in the last 60 days. Of the 22 closed sales, 21 sold above asking price.

  8. Fast Eddie says:

    Old Realtor,

    Insanity. But, a big plus for you if you can close sales. I assume the competition is creating mega wars within the industry. Too little to sell, too many representing. If I’m selling, I can’t see buying something else around here in these current conditions. It’s madness.

  9. Very Stable Genius says:

    “There is no formula for gaining admission to Harvard. Academic accomplishment in high school is important, but the Admissions Committee also considers many other criteria, such as community involvement, leadership and distinction in extracurricular activities, and personal qualities and character. We rely on teachers, counselors, and alumni to share information with us about an applicant’s strength of character, his or her ability to overcome adversity, and other personal qualities.”

  10. BRT says:

    Actually, there is a very straightforward formula. Spend $70k a year sending your kid to Lawrenceville prep, make a 5 figure donation, and your kid is in.

  11. The Great Pumpkin says:

    It never fails. It really does not pay to be a bear. You just get f’ed even when it seems inevitable.

    “Markets’ Monster 2023 Rally Defied All Expectations

    Any number of things could have derailed markets in the first half of the year. Investors kept buying risky assets anyway.

    Stocks burst out of a bear market, with the Nasdaq Composite up 30% and on course for its best first half of a year since the 1980s. Bitcoin surged more than 80%, despite the U.S. Securities and Exchange Commission suing the world’s biggest cryptocurrency exchanges. Bonds enjoyed some reprieve, too. Indexes tracking everything from Treasurys to junk bonds have posted modest gains following their historic selloff last year.

    Why did markets keep rising, despite a banking crisis, the threat of a U.S. default and more interest-rate increases from the Federal Reserve? The simplest answer: Time and time again, investors’ worst-case scenarios failed to materialize.”

  12. The Great Pumpkin says:

    Ark is such a good barometer too. Knew it. When huge inflows starting going in, that was the bottom. That was the smart money piling in.

  13. The Great Pumpkin says:

    $DNA If Ginkgo Bioworks finishes up about .42% today/or other holdings fall more, it will be the #1 holding in $IDNA . This is kind of a milestone because it’s the first time a major ETF issuer has said:

    “This is our best Idea”.

    It will be the stamp of approval from BlackRock.

  14. grim says:

    First after thin Grim

    Looking good, Billy-Ray.
    Feeling good, Lewis.

    208 this morning, new low.

  15. Very Stable Genius says:

    “ New Jersey real estate developer Charles Kushner had pledged $2.5 million to Harvard University in 1998, not long before his son Jared was admitted ”

    BRT says:
    June 30, 2023 at 8:39 am
    Actually, there is a very straightforward formula. Spend $70k a year sending your kid to Lawrenceville prep, make a 5 figure donation, and your kid is in.

  16. The Great Pumpkin says:

    How Scared Should You Be About Commercial Real Estate?
    A crash in office values could start a doom loop with banks, with falling prices leading to less finance and thus lower prices. Gloomsters think that could spread across the multitrillion-dollar commercial real-estate sector, sucking money out of the economy as banks and institutional investors turn more cautious, James Mackintosh reports.

    Mori Trust bought half an office block next to Grand Central Terminal from real-estate investment trust SL Green. The building turned out to be worth more than many thought. Bulls think that the worst might be priced in and that this deal marks a turning point at least for high-quality offices.

    The Federal Reserve’s bank stress test released this week assumed a worst-case scenario where commercial real-estate prices drop 40%, with falls concentrated in office and retail. REIT investors think that for offices, and to a lesser extent retail, the stress is already here.

    The rest of commercial real estate is doing OK, with real strength in some parts such as data centers and cold storage. But all types of property—even apartment complexes—face a single overriding problem: rising interest rates.

  17. 3b says:

    Fast: It’s all good, nothing to worry about; it’s the way it should be, and reflective of the massive wealth in this area.

    Just wait until rates go down again, and there will be another massive increase in house prices. That 70 year old cape in any town in this area will have a seven figure price tag.

  18. Phoenix says:

    Guess the author:

    Here are my rules of thumb:

    1. Roof and flashing will always be near the end of life
    1a. If not, there is a 25% chance there is a second layer.
    1b. If there are 3 layers, find the framing damage in the attic, if there isn’t any, keep looking until you find it.
    1c. If the gutters are full of leaves in the spring, chances are they’ve never touched them, expect damage to rafter tails, facia and soffits, and roof underlayment due to ice damming.
    2. Avoid slate roof homes at all costs, run away screaming if you see a cedar roof.
    2a. No, you can’t afford to put a new one on, and fixing it will cost 10x the estimate.
    3. Natural siding will always have problems (Either requiring paint or replacement)
    3a. If the cedar shakes are cupping, with the edges coming towards you, water is running down the wall behind the siding, read: budget for new siding).
    3b. Aluminum siding probably has shingles or shakes behind it.
    3c. Natural materials outside look beautiful, but require maintenance and repainting regularly.
    4. Water heater is always past it’s useful life, if it isn’t, it’s probably undersized.
    5. If the house has original windows, at least half will be painted shut
    5a. Avoid remodels that use mismatched window styles, they probably got them on clearance somewhere, and they probably cheaped out everywhere else.
    6. If there is an old car in the garage in pieces, clearly not running and covered in dust, look for lots of bad DIY repairs.
    7. If the driveway is cracked and in poor shape, look for water issues around the foundation and other signs of neglect.
    7a. If you see signs of neglect, they’ve probably neglected everything.
    8. Downspouts open to the foundation will almost always have foundation damage, and the basement will have mold.
    8a. Old PT deck in bad shape? Water is probably coming in behind the ledger too.
    8b. Better to not have a deck than an old deck past it’s life. Why? You’ll need to remove the deck before you can rebuilt it from scratch when you find out all the timber is rotted.
    9. Every basement finished 20+ years ago with wood paneling and carpet over slab will have mold issues.
    10. Avoid any remodels done during the bubble, the construction quality should be assumed as shit unless it’s clearly quality work (not judged by the quality of finishes, but by the work. Look at cabinet alignment, look at the inside drywall corners, look at tile spacing on the walls and lippage on the floors, look at switch/outlet heights, etc). Look at long runs of tile, look at the end tile at each end, they should be identically sized, this is the mark of a good contractor, they measured first. DIY’ers and hack-jobs will leave slivers of tile at one end.
    11. Assume any heating and cooling system older than 15 years old will break the day after you buy the house.
    12. Assume the inspector is going to miss more than 2 dozen real problems.
    13. Chimney will always need repointing, relining, flue cleaning (pick 2).
    14. Avoid sellers that put granite on 30 year old hickory cabinets they painted white unless you clearly recognize and accept that they’ve probably polished every turd in the house.
    15. Insulation will always be inadequate.
    16. An untouched older house will generally have fewer issues than something remodeled recently.
    17. 70s or earlier house with wrought iron railings inside? They have lead paint on them. Take a knife and scratch them, look for a thin line of gray between paint coats, that’s the lead.
    18. And yes, it’s asbestos.
    19. Look for copper oil tank lines or filler caps, curous patches to the foundations where they would typically be located, find out where the tank is.
    20. New construction is not superior to older construction.
    21. Read the disclosure, but don’t bother trusting it, since the seller is not a builder, engineer, inspector, or otherwise.
    22. Cheap french doors (not anderson or pella), are generally garbage, expect to pay upwards of $2500 to replace them.
    23. Grass and landscaping are very expensive if they don’t already exist. Yes, grass can cost $10k when all you have are rocks.
    24. Do not discount the value of a flat dry lot. Flat, green, dry, sunny? Easily worth 30, 40, 50 thousand, maybe more. You don’t think so? Try to turn a rocky, wet, sloped, shady dirt lot into a green flat and dry one and let me know how you make out.
    25. Expect to replace any old timber retaining walls, and it won’t be cheap.
    26. All the appliances are broken, even if they appear to be working at inspection time.
    27. Do not be wowed by finishes, or judge overall quality of the house based on the finishes/fixtures.
    28. Avoid remodels that used bargain priced Home Depot vanities and Plumbing fixtures.
    29. A damp basement will probably always be damp, fixing it right costs 5 figures. In many cases “fixing it” just makes it “less damp”, see #24 about the flat dry lot above.
    30. If there is a bead of caulk running up the corner of the tile on the wall in the bath or shower, it’s shot. Go downstairs, you’ll see the ceiling was patched as well. Look harder, it’s there. Time to gut.
    31. Replacing that rotten wood privacy with vinyl will cost more than you think. You will give up after replacing the 19th picket and you realize you aren’t getting anywhere.
    32. Look closely at the masonry on the front and rear stairs, shake the railings, look for broken concrete or signs of “repairs” that really do nothing but conceal the damage. Good masonry work is expensive.
    33. Be extremely wary of cheap chinese cabinetry in new kitchen remodels, it’s trash and will not last. It is everywhere today. Dovetails are no longer a sign of quality, ignore them. All reputable brands will mark the inside of their drawers, note the brand, look it up. I am not a fan of Ikea cabinetry either, sorry ikea lovers.
    34. New tile floors? Look for cracks across the face of the tiles, especially if they are larger format tiles or natural stone (and especially so if both). If you see one crack, expect the entire floor to be cracked in a few years, the subfloor was not sufficiently rigid. Putting down big tiles is easy, reinforcing the floor joists and building up the necessary subfloor to support large format natural tile is signifincatly more expensive and time consuming.
    35. I will always take older wooden double hungs especially if they are divided lights in good condition with storm windows, over a hack job vinyl window redo.
    35a. If the windows were replaced with vinyls, look at every window, if you see even one window with signs of penetration/infiltration (condensation or haze inside the window pane), assume them all to be junk.
    36. Run away from any home with knob and tube, I don’t care if it is in Glen Ridge.
    37. Old plaster walls are a nightmare and generally impossible to repair without leaving obvious patches.
    38. If the home was old enough to have lath and plaster, but has since been drywalled, look closely at the bottoms of the walls, do they bulge out any? Flippers have been covering over deteriorated plaster with paper thin drywall instead of removing it. The plaster continues to deteriorate (and the screws just cause it to disintegrate), and the plaster piles up at the bottom of the wall cavity causing it to bulge. Have fun gutting all those rooms.
    39. Don’t for one second think the house next door without a Radon mitigation system is more safe than the house with one. If one house in the neighborhood has radon, they probably all do.
    40. Replace the sump pump the day after you move in.

  19. Phoenix says:

    And do these same rules apply, or do you just purchase anything you can?

    Judging by the rules, looks like boomer could be pretty picky when buying a home.

  20. BananaJoe says:

    Just saw Phil’s response to the affirmative action ruling, it couldn’t be more Orwellian if he tried. To reward merit, we have to devalue it. And what does his little troll platkin care. I guess anything that usurps power from leftist control freaks is going to trigger them.

  21. Bystander says:

    I’d rather live in Cairo Egypt, Ed. This house a few blocks away was offered at 495k and sold for 647k!. A deveopler will knock it down and build 1.6m mansion given bigger lot. Still, pure lunacy.

  22. 3b says:

    Bystander; Harvester Rd, it sounds very prestigious, bucolic country charm, with an air of sophistication. That commands a premium.

  23. Bystander says:

    Today, dufus, I will demand 100k raise and that my IB lifts year long hiring freeze. I am hearing that is how it works. You just demand things and get it. Will it work? Should I have another job waiting to pay 100k more? Oh, I don’t. There is your answer on why this economy is not sustainable.

  24. Bystander says:


    I am in the ‘nothing special, historically poor’ part of town. What we do have is 1/3- 1/2 acre lots with shit ranches. My neighbor worked as garbage-man and nicest guy on earth. These people are gone from area in future. It will be like my other neighbor across street. A 39 yo pot-smoking state education worker, with wife that runs marathons but apparently works too. I never see that part. Won’t ever have kids. I do know that her mother had a home in Miami then bought 2BD in Columbus circle. They have millions waiting on inheritance. Life is fine. In Europe now on mommy paid trip.

  25. 3b says:

    PCE increases 0.3 in May, Univ of Mich consumer sentiment highest level since January, consumer spending slows in May.

  26. The Great Pumpkin says:

    BREAKING: PCE inflation, the Fed’s preferred inflation metric, FALLS to 3.8%, below expectations of 4.6%.

    Core PCE inflation is now at 4.6%, also below expectations of 4.7%.

    This is the largest monthly drop this year.

    The Fed may finally be winning the fight against inflation.

  27. 3b says:

    Bystander: Those are nice sized lots, wasted on poor people like yourself. Push all you out and build massive houses, for 2 or 3 people per house. And do it in the new black and white style. My wife and I comment on how much they remind us of the old resort places we used to go to in the Catskills in the summer.

  28. Very Stable Genius says:

    “Supreme Court allows military academies to continue race-based admissions”

    Someone has to fight wars.

  29. Phoenix says:


    Saw plenty of those types of houses in Atlanta.

  30. Phoenix says:


    It’s all about supply, demand, and the abilty to move.

    Plenty where I work, when they don’t get what they want, just quit and move.

    What used to be lifetime jobs has now become a transient workforce.

    I guess it depends on the career and the amount of workers available.

  31. 3b says:

    Phoenix: And yet nearly half of baby boomers have no retirement savings.

  32. Phoenix says:


    That is the division in America, those with money, those without.

    You either own the plantation, or work on it.

    That is how America started, isn’t it?

  33. 3b says:

    Student loan forgiveness struck down by the Supreme Court.

  34. Juice Box says:

    At Newark Airport last night at 2:30 AM due to a delayed arrival of relatives. There had to be thousands perhaps ten thousand unclaimed bags piled up everywhere in terminal C from all of the cancellations and delays this week.

  35. ExEx says:

    “We Buy Ugly Houses” CEO steps down following ProPublica investigation.

    Shine a light and watch the cockroaches run.

  36. Fast Eddie says:

    Phoenix @ 9:52 AM:

    Summed up properly and accurately.

  37. Bystander says:

    2023 version of the used house salesman..’You buy this f-in house or I will choke you’

  38. The Great Pumpkin says:

    Heard all last decade that real estate was overpriced…and the decade before that….yet here we are in 2023 and i wish I bought more overpriced housing the past 2 decades.

  39. Fast Eddie says:


    Lol. It’s been a while since I heard that. Good stuff.

  40. Fabius Maximus says:

    Just finished my first interview. Applied for one role and told I would be a great fit for a different role they are just about to post. Upside is same money bigger bonus, downside is its in Florida with three days a week in the office.

    Going to have to think hard on this one.

  41. No One says:

    Even with the cash, I thought accept rate at Lawrenceville is low.
    And even with Lawrenceville in resume, I don’t think a five figure donation gets you into Harvard. Unless they are a legacy. Maybe 7 figures gets you into Harvard. If it took $2.5million to get Kushner in 25 years ago, it’s got to be $5m now adjusting for inflation.

    Harvard is overrated anyway. I wonder what the highest rated non-left-leaning university is. Southern Methodist University? (slightly right of center I hear). Wake Forest U (basically centrist). Not many within the top 100 that aren’t left-leaning. Vanderbilt isn’t as much in their face as some of the higher-rated schools. Student polls suggest the political tone there is balanced:
    So way more diverse and balanced politically than U Cal Berkeley, Yale, or U Chicago.

  42. No One says:

    Don’t forget to adjust income for zero state income taxes in FL.
    Which part of FL? Huge differences between various cities, I think.

  43. Very Stable Genius says:

    Meanwhile ChiFi and Grim don’t have to repay $1.2 trillion disbursed by SBA through the Economic Injury Disaster Loan program and the Paycheck Protection Program.

  44. Bystander says:


    Where do you live? I take it closer to FL? That would seem a no-go unless you want to be ruled by flight delays and stuck in airports. I could never do it. My Dad was stuck three hours coming to Tampa to Newark. Not as bad as people stuck for day or more earlier this week with storms

  45. Fabius Maximus says:

    No One,
    Jacksonville so I can get rent a nice condo near the beach. There is a lot of Fintech there, so lots of other Job opportunities if it doesn’t work out.

  46. Fabius Maximus says:

    By, I’m up in the North East corner of Jersey 15mins from the TappenZee Bridge so Westchester and Stewart are open to me as well as all the NY/NJ options.

    If the weather is bad I just stay down there or I can always drive.

  47. Very Stable Genius says:

    “Kagan in a scorching dissent argued that the court itself overstepped its bounds and by doing so is barreling to a future where it is the “maker of national policy” by failing to defer to President Joe Biden and Congress to set the national agenda.

    “That is no proper role for a court,” Kagan wrote. “And it is a danger to a democratic order.”

  48. Bystander says:


    You are in a great spot if can move around locations. It certainly improves chances not being locked down to NYC area. I turn those roles down immediately. I have young kids so just not possible. If not flexible on work arrangement then I move on. Certainly the on-site mandate is becoming a battle ground.

  49. Boomer Remover says:

    Stewart is an amazing airport! PLAY airlines to Europe via Iceland is such a chill vibe compared to the crazy trek to JFK/EWR and the insane crowds out there. I will take the short connection in Iceland to have an empty airport, $3 parking, empty lots, and no crowds.

  50. SmallGovConservative says:

    Fabius Maximus says:
    June 30, 2023 at 11:50 am
    “Applied for one role…downside is its in Florida…There is a lot of Fintech there, so lots of other Job opportunities…”

    Crickets from the Florida/red state haters, but not surprising that Fab is finding opportunities in FL that no longer exist here. His experience is indicative of the seismic shift that’s happening in this country — the blue states literally dying (kept afloat by a combination of fed bailouts and the shrinking pool of ultra-wealthy that are willing to stay put and shoulder ever-growing tax burdens). Bloomberg did a good article yesterday that starts to quantify this shift. Just hope Fab commutes to Jax and doesn’t move there.

  51. ExEx says:

    Nascars historic race this weekend through the streets of Chicago.

  52. chicagofinance says:

    VSG: Not me. I am 1099. Although in retrospect, I think I could have taken about $125K-$150K. Given some opportunities, I wish I had done that…… sucks to have integrity. Pain in the ass.

    Very Stable Genius says:
    June 30, 2023 at 12:09 pm
    Meanwhile ChiFi and Grim don’t have to repay $1.2 trillion disbursed by SBA through the Economic Injury Disaster Loan program and the Paycheck Protection Program.

  53. Fast Eddie says:

    Nascars historic race this weekend through the streets of Chicago.

    1st time ever. Should be interesting. It’ll be very difficult to pass as most road courses are but this is a 1st so no one can predict. Look for AJ Allmendinger to be in the top 5 upfront. Chase Elliot and Tyler Riddick are two other names that could be favorites. Bubba Wallace is not a road course guy, he’s better on super speedways. Martin Truex Jr. is a Jersey guy from the Manahawkin area and he has done well on road courses in the past. Ross Chastain is another name we could see up front on the final lap.

  54. Juice Box says:

    Neighbor next door is listing his house next week. We shall see what they get, they recently bought a condo in a nearby beach town to downsize and have a place to stay when they are in New Jersey but reality is they are now full time Florida residents with a house on a golf course in an Atlantic Ocean beach town. Their four children are married now and have families cannot afford to buy the home they grew up in that is for sure. If it sells for 900,000 + with 180,000 down the new owner need to cough up $6,300 a month for mortgage, taxes and insurance. I suspect it may go even higher. There was a gaggle of realtors there yesterday taking photos etc.

  55. 3b says:

    Juice: It’s perfectly fine the 4 kids can’t afford to buy the house they grow up in, that’s the way it is now, and should be.

    It’s ironic that your neighbors were able to buy the house and raise 4 kids, and perhaps with a stay at home Mom. But, enough of that nostalgic drivel, it’s a new special better world today.

  56. Juice Box says:

    Yes 3B stay at home mom with kids etc, they paid 205,000 back in 1991.

  57. 3b says:

    Juice: I figured as much. And people will see why the younger generations are angry. You can’t blame them. They are going backwards instead of forwards, and Socialism is going to sound more and more attractive to many of them.

  58. The Great Pumpkin says:


    Honest question. What is superior about living in any Florida location over a town like Wayne? You people take for granted how great nj really is.

  59. The Great Pumpkin says:

    And I used Wayne specifically…because it’s a great town and it’s not a short hills price tag like most of those desirable Florida locations. Find me a location in Florida that has all that Wayne has to offer at the same price point as Wayne.

  60. ExEx says:

    You live where you can make a living. Period.

  61. The Great Pumpkin says:

    That’s my point. Go chase lower wage jobs down south? For the same price housing that’s built like chit?

  62. The Great Pumpkin says:

    And is a hurricane away from being destroyed?

    But but but no income tax and my property taxes are cheaper. Meanwhile, the risk of your home being destroyed is dramatically hire in Florida. Of course all the wall st gamblers are moving to miami…except anything less from these greedy short-term minded f’ks?!

  63. Hold my beer says:

    Homeowners insurance has gotten very expensive in Florida. A lot of expats will be shocked by that. Could wipe out their savings on income tax and cheaper purchase price for a house.

  64. Hold my beer says:

    Getting our sprinkler system fixed on Thursday. Currently going old school and dragging a hose with a lawn sprinkler attached around the yard every 15-30 minutes.

    Got a quote for $150 plus parts to do the backflow. I thought that was suspicious so I emailed a picture of the valve asking how much is this part. Suddenly the price was $1,200 plus more for any additional work that might need to be done. ef that guy.

    Went to Angie’s list and got a local business for $525 for labor and part, inspecting and resetting the system and replacing a few sprinkler heads.

  65. chicagofinance says:
  66. PumpkinTaughtMe GermansInvadedPearlHarbor says:


    Go back to eating the poisoned apples your students gifted you.

    I’m not a fan of Florida or Small Con. Small con is more self aware than you are. He at least admits his limitations and that why he’s small and conservative, probably has been eating his sunny side up eggs and toast the same way since 1974 when Nixon resigned.

    Look up “American Pain” in MAX or “Florida Man” in Netflix. It shows Florida at its best , is about the hustle with criminal intent built in, is about get mines now, and get out before the Feds catch me. It’s JP Morgan Chase but the CEO is Jamie Dimon’s dumb cousin Billy Bob Dimon Perez. Frankly that is DeSantis weak point. In Florida he’s a genius. Out of Florida he’s out of his league.

  67. ExEx says:

    SF vacancy rate

    The vacancy rate hit 31.8% in the second quarter of 2023, according to recently released preliminary data from CBRE, a new record high for the city. The rate was at 29.4% in the first quarter of the year, up from 27.6% in the fourth quarter of 2022 — and far surpassing the previous pre-pandemic high of 19.1% during the dot-com bust in 2003.

  68. ExEx says:

    Florida is a humidified collection of angry elderly Republicans.
    It’s all yours.

  69. Phoenix says:


    Just imagine how many people get ripped off like that.

  70. Phoenix says:

    Homeowners insurance has gotten very expensive in Florida. A lot of expats will be shocked by that.

    I guess if you own the place free and clear boomer could just skip the insurance altogether and roll the dice like a trip to Atlantic City.

  71. Hold my beer says:


    I frigging laughed and thought what a crook. I had messaged him through yelp stating I needed the backflow replaced and he quoted $150 plus parts. I bet his business is built on lowball quotes and then claiming it’s not what the homeowner said it was and jacking up the price. Someone else on yelp had claimed he quoted $150 and then charged over $400 for a job.

  72. Bystander says:


    Was talking to my Dad about Homestead tax situation being the biggest hit. Millions paying almost nothing in prop taxes if owning for 40-50 years. Taxes only go up 3% from time you bought based valuation at that time. People buying now, getting reval and paying NJ like taxes while your homestead neighbor pays zippo. Big windfall for the state but what the hell are you saving?

  73. Phoenix says:

    HMB, Bystander.

    America is like a game of f-ing 3 card monte.

    Too bad I can’t discuss my career due to the law.

    America is corrupt and corroded as a Ford Fiesta.

  74. 3b says:

    Beautiful day on the beach in Asbury Park tidy. Not crowded.

  75. BRT says:

    Dunno what’s the deal with Asbury. They are changing Cubacan and whatever is above it. Wasn’t a big fan of their food anyway. But I figure, they’d be up and running by memorial day. I don’t even think they will be ready for the 4th. Same goes for the coffee place there, still not open. I was there on Thursday.

  76. 3b says:

    BRT:Cubacan is gone, and the one on the corner below Watermark is gone. New ones are Swimwave, and Cousins Maine Lobster.

  77. No One says:

    “Find me a location in Florida that has all that Wayne has to offer at the same price point as Wayne.”
    Hilarious provincialism!

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