From Yahoo Finance:
Real estate market update: What happened with listings in North Jersey in December
December is a traditionally slow month for real estate in New Jersey and across the nation. So it’s no surprise that North Jersey experienced a decrease in new home listings and an increase in the number of days properties stayed on the market.
Still, more than half of New Jersey’s 21 counties saw more new home listings compared to December 2022. While this time of year remains slow for homebuyers, this could indicate an increasingly active market compared to that of recent years. Mortgage rates fluctuating between recent lows of 6% and 7% may also play a role in this increased activity.
According to housing data from Realtor.com for December, nine of New Jersey’s 21 counties experienced a decrease in new home listings compared with December 2022.
The North Jersey counties of Bergen, Passaic, Morris and Essex all continued to see a decline in new home listings. With the largest new listing decreases in December at 28.3% and 19.15%, Morris County and Passaic County both saw 152 new listings. Bergen County saw a decline of 6.9%, with 364 new listings, and Essex County saw a decline of 2.08% with 188 new listings.
In contrast, Sussex and Hudson counties both saw an increase in new home listings compared with 2022. Hudson County saw a significant increase, at 71.93%, and Sussex County saw an increase of 21.74% with 112 new listings.
Active home listings spent more time on the market in December than in previous months. In Sussex County, active listings stayed on the market for 58 days — the longest period of time in North Jersey. Hudson County was a close second, with listings staying on the market for about 57 days.
In Passaic, Morris and Essex counties, listings typically stayed on the market for 51 days, while listings typically stayed on the market for 50 days in Bergen County.
Median listing prices have increased for 20 of New Jersey’s 21 counties from 2022, but nine counties saw a decrease in median listing prices from November to December.
In North Jersey, Hudson and Bergen County had the highest listing increases from November to December — 3.94% and 3.36% — with median listing prices of $679,000 and $779,990, respectively. In Morris County, listing prices increased by .87%, with a median listing price of $695,000.
Passaic County actually saw listing prices decrease from November to December by 2%, with a median listing price of $479,450. Then, in Essex and Sussex counties, median listing prices did not experience a change from November to December, with median listing prices of $499,000 and $399,999, respectively.
Frist
I believe it is significant that 9 of 21 counties saw a decrease in listing prices for December and 2 were flat. For months we have been hearing about increasing foreclosure rates in our area and the likelihood of it resulting in the market softening. What goes up eventually comes down. Nothing moves upwards in a continuous straight line.
I’m going to buy an old short yellow bus and convert it into a chex mix jitney. I’ll park in front of various open houses and offer assorted recipe mixtures to the muppets waiting in open house lines.
“May I suggest our Artisan Bacon Bourbon Fig and Mulberry mix? It’s a bargain at $12 for our 4-ounce package!”
Poland about to to go hell?
Former Polish PM Dominik Tarczyńsk yesterday… Poland to become a banana republic..
https://twitter.com/pisorgpl_EN/status/1745103900347191633
Shutting down a high school to warehouse foreign insists is absolutely a travesty. Mayorkas and the rest are traitors to our country.
How sad is the failed leaderships on these cities. They stick with the same party and failed policies election after election. They slow their cities to be overrun to confirm with the party Their constituents are sold out to further the party open borders plan.
CPI: YOY: 3.4% vs 3.2 estimate
Core drops to 3.9%
When removing the volatile food and energy categories…
We believe we got all the brain cancer when we cut off his head!”
Lol.
All political BS aside, there are real problems underneath this economy. Out of the three brothers in my family, I am officially only one employed. My brother (financial analyst) was let go from his medical company after 20 years. This is not normal, whatever the f* is happening. I think Fed must have had conversations with businesses about monster amount of layoffs coming for white collar in Q4/Q1 and got scared thus the rate cut language. Craziness.
Juice,
I don’t understand the context. This guy is upset that state-run media got shut down by the state?
I would love for the US state-subsidized media (NPR, PBS) to get defunded and privatized.
I remember 30 years ago I’d occasionally watch “PBS Newshour” for a kind of bland, pseudo non-partisan, somewhat more intellectual take on the news.
Now its one leftist topic after another, with a parade of one freakish leftist DEI/ESG professor “expert” after another telling their little PBS audience what they are supposed to think. Then that’s over and “Antiques Roadshow” comes on – it’s so bizarre, jumping from clownshow academic freaks to people talking about hundred year old antiques from an age when most American people weren’t freaks. Seems like PBS should be setting fire to the antiques, to protest racism, inequality, prejudices of the past, like Mao’s Red Guards getting rid of the “olds”.
Let’s Fucking Go
https://results.armorytrack.com/meets/26684/relays/175347/results
The 2024 presidential election reminds me of this sentiment:
“More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.”
-Woody Allen, 1979
I was rather shocked to learn that a one day lift pass to Hunter Mountain is now $136. Mountain Creek is $119. This is just the lift, no equipment. Consolidation in the ski space compressed the ratio of day pass to season pass from 10:1 to 5:1 in a just a few years. Am I the only one who is bitter over the business model now brute forcing season passes on customers? How is the next generation of broke college kids getting into the sport?
Makes the tree-hour $199 Burton snowboard camp at Big Snow cheap in comparison.
Bob’s post reminded me of my favorite Woody quote:
“I can’t with any conscience argue for New York with anyone. It’s like Calcutta. But I love the city in an emotional, irrational way, like loving your mother or your father even though they’re a drunk or a thief. I’ve loved the city my whole life – to me, it’s like a great woman.”
CPI up, and jobless claims lower than expected, some strong numbers to temper rate cuts hopes at least by March.
No One – There is going to be a large protest this weekend in Poland.
Here is a decent summary of the issues.
https://apnews.com/article/poland-protest-opposition-media-election-4f5c111097f785becdf897931dc6c7e7
3B,
That’s how I read those tea leaves.
But don’t forget the Trump effect. At his town meeting in Iowa last night, he specifically said the market is up 25% due primarily to his being ahead in the polls. Would love to see his data and measurements.
Chi,
It’s good those Colt Neck boys know how to run. It’s a useful skill when getting from the parking lot to the Armory for Millrose.
Seems like PBS should be setting fire to the antiques, to protest racism, inequality, prejudices of the past…
Certainly! 99% of the people getting appraisals on their items are white folk that have established family net worth and assets. If they’re not going to share their wealth with the less fortunate, then they need to destroy it to show their compassion for the nether classes of society.
Yup, totally agree, but it keep simple….you need a higher unemployment rate to see anything. Simple as that.
Old realtor says:
January 11, 2024 at 7:15 am
I believe it is significant that 9 of 21 counties saw a decrease in listing prices for December and 2 were flat. For months we have been hearing about increasing foreclosure rates in our area and the likelihood of it resulting in the market softening. What goes up eventually comes down. Nothing moves upwards in a continuous straight line.
Fuck you Ms. Rapinoe:
https://m.youtube.com/watch?v=rWlYFGz0JHU
It’s a joke….commercialized it. Ski bums are dead.
Boomer Remover says:
January 11, 2024 at 10:28 am
I was rather shocked to learn that a one day lift pass to Hunter Mountain is now $136. Mountain Creek is $119. This is just the lift, no equipment. Consolidation in the ski space compressed the ratio of day pass to season pass from 10:1 to 5:1 in a just a few years. Am I the only one who is bitter over the business model now brute forcing season passes on customers? How is the next generation of broke college kids getting into the sport?
Makes the tree-hour $199 Burton snowboard camp at Big Snow cheap in comparison.
Now imagine how on point my roaring 20s 2.o is….look at this economy ….it ate up enormous rate hikes and spit them out. All it did was cool the high end growth.
Again, until this labor market experiences real pain….soft landing.
3b says:
January 11, 2024 at 10:47 am
CPI up, and jobless claims lower than expected, some strong numbers to temper rate cuts hopes at least by March.
Just thinking about how they don’t make comedians like they used to.
Gilbert Gottfried and Norm MacDonald really hit their stride at the 22 minute mark here:
https://archive.org/details/Norm_Macdonald_Live/Norm+Macdonald+Live+-+S01E11+-+Norm+Macdonald+with+Guest+Gilbert+Gottfried+(Pt+1).mp4
BREAKING NEWS!
The End of the Bill Belichick Hoodie Era
The Patriots coach is out. And so is his trademark sweatshirt.
More than anyone except perhaps Mark Zuckerberg, Boston’s famous football coach has become synonymous with that particular garment. It is “an inseparable part of his legacy,” according to Bleacher Report. His “trademark,” wrote Sports Illustrated. “Iconic,” crowed Buzzfeed. For decades the hoodie helped burnish the Belichick legend, but recently it has begun to seem part of the problem: less a symbol of his coaching genius than, perhaps, a sign of his obsolescence.
They love you on top, and hate you when you fall. Human nature is a biatch.
Do not ever live to please others. Never. They will not appreciate it.
Very Stable Genius says:
January 11, 2024 at 1:07 pm
BREAKING NEWS!
The End of the Bill Belichick Hoodie Era
The Patriots coach is out. And so is his trademark sweatshirt.
Somewhere Gisele Bundchen is smiling knowing it was her that brought down that whole empire.
Very Stable Genius says:
January 11, 2024 at 1:07 pm
BREAKING NEWS!
The End of the Bill Belichick Hoodie Era
The Patriots coach is out. And so is his trademark sweatshirt.
Libturd says:
January 11, 2024 at 11:00 am
But don’t forget the Trump effect. At his town meeting in Iowa last night, he specifically said the market is up 25% due primarily to his being ahead in the polls. Would love to see his data and measurements.
Worked for Gamestop
VSG,
LOL! Is the news cycle 24 hours later than everybody else where you live?
All that cheating catches up to you.
Look at trump
The Great Pumpkin says:
January 11, 2024 at 1:32 pm
They love you on top, and hate you when you fall. Human nature is a biatch.
Do not ever live to please others. Never. They will not appreciate it.
Very Stable Genius says:
January 11, 2024 at 1:07 pm
BREAKING NEWS!
The End of the Bill Belichick Hoodie Era
The Patriots coach is out. And so is his trademark sweatshirt.
Gisele Bundchen = Yoko Ono
“I was rather shocked to learn that a one day lift pass to Hunter Mountain is now $136. Mountain Creek is $119.”
I gave up downhill skiing 30 years ago when I cracked a ski in half while skiing the bumps at some mountain in Lake Tahoe (Heavenly, I think). Been strictly a free heel/cross country skier ever since.
Cheaper equipment, cheaper skiing (free in the backcountry), better exercise, no crowds, no lift lines…
A couple times a decade I’ll spend a day doing lift served skiing with my tele skis (even though I am the worlds worst telemark skier) and every time I ask myself -why do people spend all this money just to wait in lines and dodge other skiers?
All that cheating catches up to you.
Look at
trumpthe 2020 elections.Fixed it.
Bill Belichick seems to be trending here.
I don’t know who he is, or why I should care.
Law and Justice leader Jaroslaw Kaczynski, who was Poland’s most powerful politician during the party’s term in power, used his usual rhetoric to speak against the new pro-European Union government of Prime Minister Donald Tusk.
“We must stop this power and, at the right moment (and) using the election ballot, change it in a way that will prevent it from ever coming back again, because it is not a proper Polish power,” Kaczynski said. “Polish power should defend Polish interests.”
That last line is it. Too bad America puts other’s interests before it’s own “middle class” people and their interests.
Hehe. Like Wile E Coyote
https://youtu.be/yD68-FX74MI?t=42
OC1,
I’m surprised you haven’t at least associated that name to sports or heard it in passing but, to each his own, I get it. It reminds me of an interview I had years ago where the discussion was teamwork and I mentioned Michael Jordan and the Bulls. The interviewer, who would have been my future boss said he’s not familiar with that person. I knew right there that no price would make me say yes to that gig. I guess it’s sort of like mentioning Stephen Hawking or Luciano Pavarotti; one doesn’t necessarily know the details of their craft or life but have heard of them and generally know who they are.
Eddie-
I have heard the name, and knew he had something to do with professional sports, but as to what sport, or what he did ???
I actually had a vague idea that he was involved with basketball!
I was joking about him being a cheater. Bill is in fact a great American.
On January 10, 2021, Politico reported then-President Donald Trump planned to award Belichick the Presidential Medal of Freedom.[200] Belichick indicated that he was flattered to be considered for the honor, but declined the award in a statement issued the next day.[201] His statement referenced the January 6 United States Capitol attack, which had occurred a few days earlier, and cited his “great reverence for our nation’s values, freedom and democracy” in light of that event
In addition to the apartments being built near the Paramus Park Mall , and along with the project in Garden State/ Westfield Mall of which the first residential stage has been approved, Paramus has approved another apartment complex. This one is at the Bergen Town Mall on Rt 4. 450 apartments along with more stores has been approved to be built where the REI store, Red Robin restaurant and closed Kirkland furniture place are located. The traffic is going to be absolutely insane!
Very Stable Genius says:
January 11, 2024 at 2:11 pm
Bill is in fact a great American.
What exactly has he done that makes him so great?
You are right, he is a great American. Nothing embodies the American spirit like doing whatever it takes to win no matter how corrupt it is.
After an investigation, the NFL fined Patriots head coach Bill Belichick $500,000 (the maximum allowed by the league and the largest fine ever imposed on a coach in the league’s 103-year history) for his role in the incident, fined the Patriots $250,000, and docked the team their original first-round selection in the 2008 NFL Draft which would have been the 31st pick of the draft.[5]
Chicago says:
January 11, 2024 at 12:38 pm
Fuck you Ms. Rapinoe:
https://m.youtube.com/watch?v=rWlYFGz0JHU
Well, they got to sing, but she got this:
President Biden Announces Recipients of the Presidential Medal of Freedom
Megan Rapinoe
Megan Rapinoe is an Olympic gold medalist and two-time Women’s World Cup champion. She also captains OL Reign in the National Women’s Soccer League. She is a prominent advocate for gender pay equality, racial justice, and LGBTQI+ rights.
‘merica. Hehe.
It just sucks that all these apartments are stick built thin hear through walls garbage. If they could be concrete rebar pours with taller ceilings and nicer finishings it wouldn’t be half bad… but they’re all meant for median income folks.
MFers build mid-lux apartment buildings in NJ!
Megan Rapinoe – I cheered when she choked in the Woman’s World Cup or whatever that was. She’s a cunt that hates America and is too important to acknowledge a kid: https://www.tiktok.com/@kayosports/video/7265131946446032130?lang=en
Fast
Hank Aaron looked every kid in the eye and said something to them when I saw him at Monmouth mall when I was a little kid. But he had class
Fast Eddie.
Stumpy?
Hehe.
The only thing the US Government can seem to track is people who have a w-2.
Totally astronomical losses and no one is looking? Texas woman steals 100M from the ARMY–yeah, the ARMY and it takes the IRS to catch her?
No wonder the wealthy want to defund the IRS, they have been stealing more than this lady, and if you eliminate them, only working class people will be paying any taxes at all.
More than $1 billion worth of shoulder-fired missiles, kamikaze drones and night-vision goggles that the United States has sent to Ukraine have not been properly tracked by American officials, a new Pentagon report concluded, raising concerns that they could be stolen or smuggled at a time when Congress is debating whether to send more military aid to Kyiv.
A Texas woman may face a nearly 150-year jail sentence for allegedly defrauding the U.S. Army out of more than $100 million, which she is accused of spending on lavish personal items.
Well, the police are no longer like Adam 12, the doctors aren’t like Marcus Welby, and your attorneys are more like Giuliani than less like Perry Mason.
It’s over.
Hold my beer says:
January 11, 2024 at 4:35 pm
Fast
Hank Aaron looked every kid in the eye and said something to them when I saw him at Monmouth mall when I was a little kid. But he had class
Looks like this Mom took the “liberty” to loot. Hehe.
Moms for Liberty school board member Keri Blair resigns after being arrested for stealing $728 worth of goods from Tennessee Target
Keri Blair resigned her school board post which she won in 2022 with the backing of Moms for Liberty.
Records indicate that she arrived in the same car – a gray Infiniti SUV – and used the same debit card in her name each time she stole from the retail giant. According to authorities, Target has video footage of Blair allegedly stealing the items.
Reports say the value of the goods stolen on each occasion range from $63.38-$140.49.
The theft investigation into Blair began on December 27, a week after her final alleged theft at Target.
Hank Aaron’s highest recorded salary was a stellar $240 thousand, and considering inflation, the amount today is an estimated $1.35 million per year.
Stellar? Not by today’s standards. Americans have no problem spending money on what they want vs what they need. That’s how these salaries have been able to skyrocket.
https://theanalyst.com/na/2023/12/the-highest-paid-major-league-baseball-players-and-largest-contracts-in-mlb-history/
Yemen shock and awe boys.
Are we the baddies?
Check out this chart…WFH is on fumes. Wait till labor market corrects.
https://x.com/scottdaviscre/status/1745428595479060864?s=46
I got Yogi Berra’s autograph at the mall one time. Tossed the ball somewhere after I replaced it in the case with a foul ball I caught with my son in my arms. Just meeting Yogi was more important in hindsight. Great guy.
Why so variable? Exempt some, convict others? Plenty of other laws are mandatory, DWI for instance.
Get caught with gun on plane, do a year in prison. No exceptions, no excuses, no my daddy is a cop, no I am special let me off kinda crap.
Gun Seizures Surge At NYC Airports.
Travelers who bring guns to a checkpoint at any of the Gotham airports will be arrested by Port Authority police, with possible criminal charges to follow. It makes no difference whether or not you have a concealed carry permit.
And that’s not all: The TSA can fine you up to $15,000.
Juice Box says:
January 11, 2024 at 6:59 pm
Yemen shock and awe boys.
Are we the baddies?
Yeah, bomb them back to the stone age.
Where are they currently? The stone age.
Look at the bright side, the corporations and the tax dodgers won’t be paying the bill.
Phoenix says:
January 11, 2024 at 1:54 pm
“We must stop this power and, at the right moment (and) using the election ballot, change it in a way that will prevent it from ever coming back again, because it is not a proper Polish power,” Kaczynski said. “Polish power should defend Polish interests.”
Phx: this is proper Polish Power
https://www.youtube.com/watch?v=c534877T7dA
Follow the science. And shut down all dissent
https://www.yahoo.com/news/fauci-congress-6-foot-social-174529265.html
That was just the tip of the iceberg with respect to Fauci, the NIH, CDC, and FDA making crap up the past 3 years.
A redditor on r/planespotting posted a picture of a B2 bomber some six hours ago. I believe the title read something like “I spotted a B2 bomber flying overhead! I’m located in the Middle East”
I spotted a B2! (yeah!)
I’m located in the Middle East (uh-oh…)
This post came three hours before the official news hit the net. what an interconnected world we live in!
MTA’s new $700K subway gates to keep out fare-beaters defeated by simple hack
https://twitter.com/JoshuaPHilll/status/1745304015737631077
lol, I can see this was tested extensively. Seriously, the world is not working properly at any level anymore.
Here’s the post, it was r/aviation
h**ps://www.reddit.com/r/aviation/comments/1949u15/spotted_a_b2_over_our_skies_today_middle_east/
The golden age of remote work may be coming to an end, per CNBC.
Job postings for software development roles experienced the steepest decline over the past year, plummeting by 58% from August 2022—an about-face from the peak levels that surpassed pre-pandemic figures by 130% as recently as March 2022.
https://x.com/unusual_whales/status/1745487483230642654?s=46
While CPI inflation is at 3.4%, inflation is much higher in many basic necessities:
1. Car Insurance Inflation: 20.3%
2. Transportation Inflation: 10.1%
3. Car Repair Inflation: 7.1%
4. Rent Inflation: 6.5%
5. Homeowner Inflation: 6.3%
6. Hospital Services Inflation: 5.5%
7. Food Away From Home Inflation: 5.2%
Both Core CPI and headline CPI came in hotter than expectations.
This is the first time since February 2023 that both readings were higher than expected.
For the first time since September 2023, CPI inflation is back on the RISE.
Affordability is still getting worse.
chicagofinance says:
January 11, 2024 at 8:06 pm
Phx: this is proper Polish Power
https://www.youtube.com/watch?v=c534877T7dA
Chi:
That’s f’n awesome.
Pumps,
You never mentioned the price of a wife. What is the inflation rate on keeping your wife happy in America? Look at this statistic-so one affects the other:
Women long held primary purchasing responsibility for everyday household items, but today, they control or influence 85% of consumer spending.
Women now drive the world economy.
Globally, they control about $20 trillion in annual consumer spending, and that figure could climb as high as $28 trillion in the next five years. Their $13 trillion in total yearly earnings could reach $18 trillion in the same period. In aggregate, women represent a growth market bigger than China and India combined—more than twice as big, in fact. Given those numbers, it would be foolish to ignore or underestimate the female consumer. And yet many companies do just that, even ones that are confident they have a winning strategy when it comes to women.