From Business Insider:
A record 550 cities now have average home values above $1 million
A record number of US cities have an average home value of more than $1 million — a sign that the housing market is becoming increasingly out-of-reach for some Americans as prices continue to soar.
The US has 550 cities where the typical home value is north of seven figures, according to a recent Zillow report. That’s the highest number of so-called “million-dollar” cities ever recorded, the real-estate-listings site said, up from 491 a year ago.
California had the highest concentration of million-dollar cities, with 210 where the average home value exceeded $1 million. New York had 66, and New Jersey — which saw the highest increase — had 49, the report found.
…
High borrowing costs have deterred homeowners from listing their properties for sale, creating a supply-demand imbalance that caused home prices to rise at a record pace in January, per the Case-Shiller Home Price Index.
“The housing market is tight with few homes available, and competition is still high for homes. That competitive pressure is pushing home values higher across the US,” Anushna Prakash, an economic analyst at Zillow, said in a note on Tuesday.
First.
California had the highest concentration of million-dollar cities, with 210 where the average home value exceeded $1 million. New York had 66, and New Jersey — which saw the highest increase — had 49, the report found.
Proportionally speaking, NJ seems to be the winner.
303,000. Fuck??!!!
Ten 437
Ten 439
$DJT at $46 and dropping
BREAKING NEWS!
BOOOOOM. 303K new jobs created. Unemployment rate falls to 3.8%. Prior months revised higher by 22K.
Economists were expecting 214K jobs and a 3.8% unemployment
And now futures are at their highs of the morning.
Good news is good news!
Please Joe Biden it’s too much winning!!!
Very Stable Genius says:
April 5, 2024 at 8:47 am
“303K new jobs created.”
Ignoring the fact that the BLS is no longer credible, as evidenced by it having revised DOWN just about every monthly number after the fact, one of the side effects of the disastrous inflation that Joe has unleashed is a massive number of people needing two (or more) jobs to make ends meet.
303,000.
Cut the rates! Cut the rates! Cut the rates!
The largest jobs increases in Friday’s report were seen in healthcare which added 72,000 jobs in March. Meanwhile, government employment added 71,000 jobs.
Bureaucracy, regulations and an aging populace; all money draining ventures.
I think we just had an earthquake in Bergen Co.
Felt that earth quake
5.5
4.8 north of Lebanon.
https://earthquake.usgs.gov/earthquakes/map/?extent=40.43284,-75.31197&extent=40.93271,-74.23737
Gotta be the biggest in NJ in the last 100 years.
Felt significant enough up here in Wayne for me to jump out of my chair in the office and run upstairs to see if a truck drove through the house.
Grim : Same here. It was intense!
Sorry guys. That was me. I was in bed with my mistress and she um… well… she reached that pinnacle with a bit more verve than I expected.
I have an earthquake exclusion in my homeowners insurance. Need to rethink it
Grim says:
April 5, 2024 at 10:41 am
Felt significant enough up here in Wayne for me to jump out of my chair in the office and run upstairs to see if a truck drove through the house.
In the car, didn’t feel anything
Fast: I guess those HIMS are working for you!
Fuck. Now what do I do for lunch?
https://finance.yahoo.com/news/p-g-recalls-8-2-150037911.html
For Fast Eddie (George Soros Edition):
https://twitter.com/brandontrusso/status/1776256726385238507
Here in Fort Lee my mind went to a 9/11 style attack. I thought it was the rumble of some distant or underground explosion. I immediately told my daughter to get away from the window. Just hot my mind works. Same if I hear a low flying plane, I’m instantly asking myself if there’s an airfield nearby.
The Empire State Building tweeting “I’m fine” was the best tweet thus far.
Omg you guys! Hilarious
Chicago,
I think I need to start a “Go Fund Me” page to deal with my stress from the earthquake.
Another nice aftershock around 6
Did we check that Clot emptied his bunker before he moved.
The NYAG just rejected the subprime Car loan Donnie posted for his appeal.
https://x.com/jerseygirlmary/status/1776365144613834944?s=46&t=4KXo8HT2eRAd0lzS7O0Y6A
Fab – Keep you panties on. Trump Org had to move 175 million in cash to an IB account to be able to get the bond from Don Hankey. There is also an independent monitor installed by the lower court Judge Engoron to keep an eye on the Trump Organization’s business dealings.
So who is lying here? Trump, the investment bank or the independent monitor? Don’t think for a second the the subprime car loan and repo king won’t back up a tow truck to Trump’s 757 airplane if the $175 million in cash posted by Trump as collateral is all some kind of scam.
The appeals court was right in their ruling, they smelled the hit job and well it’s now back down in Engoron’s court room on April 22nd where he will probably rule Don Hankey’s Insurance company cannot issue a bond for some technical reason and it will be back to an appeals court to slap them down again.
Dangerous waters the AG and the poor attorney who wrote that motion now tread, the higher courts aren’t going to like them very much if this all goes south in Engoron’s court room again.
Juice, moving 175 million in cash to an IB account is a very simple process, providing you have 175 million in cash.
The monitor has also said that there is ineffective governance at the firm and they are still putting out misleading or false information. There is talk of he NYAG expanding the role of the monitor.
The jet is worthless. Trump listed it as a $5mil asset one month and then $25 mil three months later. No bank will lend on a plane where the age of the plane and the term of the loan exceeds 20 years.
As for Hankey, there is talk that there is no license to operate in NY. If Donnie was on the up, Travelers would be writing the bond, yet here we have a Subprime Car loan company. It reminds me of this. https://www.youtube.com/watch?v=ZPtjyqgZAUk Donnie loses the appeal and they bust the joint out.
Fab – I do find it very funny and fitting Trump is getting bailed out by the repo man and his insurance company.
Again who is wrong or lying here?
Surety bond underwriters want to be 100% sure there is no loss when they underwrite these bonds they obtain the collateral up front in case it was said to be 100% in cash.
Again who is lying here? The insurance company? Trump is paying a premium on the bond probably a higher rates than normal.
Now this company Knight Insurance is not taking a real risk. They collected 100% of the collateral in cash up front to underwrite it.
Carrol case was Chubb insurance they got the cash up front too incase you were wondering.
Yes Trump is not as rich as he claims to be even with the billions in stock he just received.
NY AG James is trying to disqualify them from underwriting the bond. They have the cash..There is no risk, and they are now wasting the courts time, as I said before. We shall see another appeal and they will fail here.
Juice,
If both sureties are fully collateralized then why did Chubb pass on the second one. If he’s good for the first surly he’s good for the second.
Again, we will see how it plays out.
Fab – NY Times fact checkers? 100% collateralized.
Write a letter to the editor if they lied.
Juice, good luck man…
Fabs has now left the gravitational pull of his normal orbit around Pluto and is tumbling through open space out of our solar system.
At least he’s enjoying the ride though lol.
Question for you is whether you want to be a passenger on his Magical Mystery Tour….
The prosecution on many counts was bullshit to start…DJT if he were any normal human could have behaved properly and had it nearly quashed…he isn’t, it wasn’t, but as you note once one gets out of the realm of incompetent local political hacks with an agenda and to prudent jurists up the appeals food chain we’ll start reverting to some mean of actual jurisprudence.
Good luck to you if you want to keep debating Fabs on this (or any political) topic…he’s a big black hole that consumes any reason or logic with no escape….
Left,
Ad Hominem with a deflection, its so you. I still don’t get that for some reason you seem to defend him to the end over and over. You have your little hedges, but at the end of the day your supporting the political version of Pancake in a Can. When the lawsuits fly on Truth Social will that be another Caveat Emptor?
Note that his appeals are not that he is not guilty, with EJC its the amount of the settlement and in the NYAG case its that the judge didn’t give him a fair shake despite the fact his representation was incompetent. He complained that he didn’t get a jury. That’s because Habba messed up the paperwork. Whos fault is that!
He’s going to lose both.
BREAKING:
Trump campaign raises more than $50 million at Florida fundraiser: ‘historic’ haul. Former President Trump’s campaign team says it raised more than $50 million at a Saturday evening’s GOP fundraiser in Palm Beach, Florida, smashing records for a Republican or Democratic candidate.
“It took three Democrat presidents to raise $25 million and one president to raise over $50 million, Donald J. Trump,” campaign spokesperson Danielle Alvarez boasted.
Any questions?
8:19 yeah, why throw money at a complete imbecile?
Oh and Gary,
The GOP and Trump, meanwhile, have $93.1 million in cash on hand, according to CNN, trailing the Democratic Party by nearly $100 million for the presidential race.
Fabs, neither ad hominem nor a deflection, just calling it as I see it…I have enough self awareness to place my positions on the political bell curve, realize those that are at either far end, and still acknowledge I own them as is. You? [rhetorical]
Regarding the situations you describe above the damages and penalties ARE the case…I never said he was ‘innocent’, I don’t care…the charges of which he is guilty are the equivalent of parking violations that every single person on this forum has received, yet he is being prosecuted as if they were vehicular manslaughter.
My points/issues are the weaponization of the judicial system…the NYAG case is so far outside the bounds of normalcy on so many counts it would be laughable if it weren’t so frightening…using a law that hadn’t been invoked in nearly a century on normal business practices in a civil case where the ‘damages’ are counterfactual and no victim has come forward. Seriously, wrap your mind around the State prosecuting for damages where the supposed ‘victims’ themselves do not allege any damages and never even bother to make a claim or show up…
So, if you want something approaching an ad hominem…check your reading comprehension, yet again. I do not defend Trump, I criticize the legal system…
As someone who has been on the receiving end of our ‘justice’ system I can assure that much more frightening than some immature spray-tanned petulant man-child is the State wantonly unleashing its full power, especially wrapped as virtue, against its citizens and winning…and winning against a citizen with standing (former President) and resources that few others possess…..
There’s a reason that DJT gains support and fundraising on the back of ‘if they can do it to me, they can do it to you.’ It’s real and it resonates.
yeah, why throw money at a complete imbecile?
Why? Because joe is a vegetable and is easily manipulated by his handlers. And it also covers the ‘Visiting Angels’ tab.
What i find truly hilarious is that if Trump had the kind of numbers Employment & Market numbers, he’d never shut up about it. Neither would his followers.
But no. You have to settle for watching your candidate bleed out on a public stage.
Yup
So, if you want something approaching an ad hominem…check your reading comprehension, yet again. I do not defend Trump, I criticize the legal system…
As someone who has been on the receiving end of our ‘justice’ system I can assure that much more frightening than some immature spray-tanned petulant man-child is the State wantonly unleashing its full power, especially wrapped as virtue, against its citizens and winning…and winning against a citizen with standing (former President) and resources that few others possess…..
There’s a reason that DJT gains support and fundraising on the back of ‘if they can do it to me, they can do it to you.’ It’s real and it resonates.
ad hominem – attacking the person rather than the argument.
When you say I am circulating Pluto on my Magical Mystery Tour…. are you implying I’m high or just crazy.
“so far outside the bounds of normalcy ” Is it really, look back at Dewey & LeBoeuf, they went down for the same.
As for you on the “receiving end of our ‘justice’ system”. I let you explain that!
Hey Gary, 3 more of those Fundraisers, he can post bond! (NB. Can we check the receipts?)
Side Note, anyone heading North for the Totality.
I’m pulling the kids from school and heading to Burlington VT. I think an early start should allow a straight shot and I can keep detouring right if traffic is bad.
You better leave now, unless you plan to see the totality of the Sloatsburg rest area on the Northway.
Fabs, no personal attack intended. My references to you ‘orbiting Pluto’ are with respect to certain of your political views…the inference being that the political spectrum would have to extend so far Left as to Pluto to accommodate them…also therefore my reference (and acknowledgement) in the opening of the post that certain of mine stretch the rubber band in the opposite direction. No foul intended.
On totality viewing listen to Lib…anyone I know – and every NYS authority advised – got to their locations over the weekend. The NYS Thruway hasn’t changed much since Woodstock. Hell, before I left I used to avoid being on it during a sunny late September Sunday (leaf season) as a good portion of that trip was snail’s pace…
Today is going to be chaos…wouldn’t surprise me if those local state roads in Vermont become impassible. Be prepared to be watching from the roadside. Wishing you the best but either way, it will be an adventure to remember with your kids. Enjoy it.
Wish Bernie well ;)