Second fastest in the nation

From the Star Ledger:

Homes in New Jersey sold the fastest in the nation.

As the weather heats up so is New Jersey housing market, according to the latest data.

Homes in New Jersey sold within a median of 36 days in March – three days faster than they sold in February. New Jersey tied with Maryland for second fastest selling homes in the nation, and Massachusetts was the only state that had homes that sold faster than in the Garden State.

Homes selling faster could be because of two things: the season and low inventory, according to real estate experts.

“It shows that properties are moving faster in the winter months than in past years, but overall keeps to similar trends of a longer time on the market in late fall and winter, with a ramp up beginning in spring,” Gloria Monks, president of New Jersey Realtors, said in an email to NJ Advance Media. “Inventory, of course, also affects this number — the lower the supply, the higher the demand,”

This entry was posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate. Bookmark the permalink.

66 Responses to Second fastest in the nation

  1. Fast Eddie says:

    Frist.

  2. Fast Eddie says:

    Homes in New Jersey sold within a median of 36 days in March – three days faster than they sold in February.

    What are the inventory numbers compared to the same time last year? Regardless, nobody’s going to sell and buy the same or lesser house for the same price they sold WITH a higher interest rate unless warranted.

  3. SomeOne says:

    HMB,

    I think Fast Eddie and no one’s tax money went to Tom Brady’s yacht. Brady got $960,000 forgiven, even though he bought a yacht in 2021 with about $6 million. They can try going on the yacht.

  4. Libturd says:

    And people are up in arms about college loan forgiveness.

    Does anyone know anyone with a net worth over ten million who didn’t take hundreds of thousands in Covid assistance?

    This country is really one big joke. The rich get all the bread and we are left to fight each other over the crumbs.

    https://photos.app.goo.gl/X4zwKhW7jRKbduMK8

  5. Very Stable Genius says:

    Most republicans took government socialist money. Republican congressmen, ChiFi, Grim, etc

    Libturd says:
    April 22, 2024 at 8:54 am
    And people are up in arms about college loan forgiveness.

    Does anyone know anyone with a net worth over ten million who didn’t take hundreds of thousands in Covid assistance?

    This country is really one big joke. The rich get all the bread and we are left to fight each other over the crumbs.

  6. Juice Box says:

    Nearly run off the Parkway yesterday by a Cybertruck. Damm that thing is ugly, and even with the cameras the rear visibility looks awful, there are about 3,800 of them on the road so any sighting is rare.

    I also saw a nice red Lambo headed up 287 North, probably cost as much as my house….

  7. Juice Box says:

    VSG – PPP loan fraud arrests and convictions seem the be overwhelming Democrats. One enterprising Democrat in new Jersey made off with $71 Million. Estimates are as high as $200 Billion stolen. The Feds have a massive massive backlog of investigations and prosecutions we will be hearing about it for years to come.

    That guy would made off with $71 million? He now claims Joe Biden’s DOJ is wacist, even though he submitted false financial statements to steal nearly a billion dollars in loans. There are something like 37,000 fake loans from this one perp alone.

    https://www.northjersey.com/story/opinion/2024/02/14/ppp-had-fraud-women-minorities-in-business-need-level-playing-field/72542155007/

  8. SmallGovConservative says:

    Libturd says:
    April 22, 2024 at 8:54 am
    “Does anyone know anyone with a net worth over ten million who didn’t take hundreds of thousands in Covid assistance? This country is really one big joke…”

    Very Stable Genius says:
    April 22, 2024 at 9:09 am
    “…took government socialist money…”

    Juice Box says:
    April 22, 2024 at 9:33 am
    “PPP loan fraud arrests and convictions seem the be overwhelming Democrats. Estimates are as high as $200 Billion stolen.”

    And yet blue-state stooges like Unstable, ExLax, etc continue to vote for BigGov borrow-and-spend or tax-and-spend Dems. We know that politicians can’t resist spending other people’s money so the only ‘solution’ is to keep government as small as possible. SmallGov > BigGov

  9. Hold my beer says:

    Someone

    I should have put my cats and kids on payroll, gotten 10 million and moved to belize or Vietnam as soon as the money hit my account.

  10. 3b says:

    Lib: We can fight over the crumbs as long as all of us get the crumbs. Why some crumbs for some and not for others?

  11. 1987 Condo says:

    Stop, $71 million, peanuts…how about $3 BILLION!

    NEWARK, N.J. – Three individuals were charged today for falsely seeking more than $2.9 billion from the IRS by filing 131 false tax forms claiming COVID-19 related employment tax credits, U.S. Attorney Philip R. Sellinger announced.

    Rudolph Johnson, Frantz Pasteur, and Frederick Anderson, all of Irvington, New Jersey, are each charged by complaint with one count of conspiracy to file false claims against the government and one count of conspiracy to commit wire and mail fraud. Additionally, Johnson is charged with three counts of money laundering, Pasteur with two counts of money laundering, and Anderson with three counts of money laundering. Johnson and Pasteur appeared today before U.S. Magistrate Judge Michael A. Hammer in Newark federal court and were released on bail. Anderson will appear at a later date.

    https://www.justice.gov/usao-nj/pr/three-charged-fraudulently-seeking-29-billion-covid-19-tax-credits

  12. Boomer Remover says:

    Above is true. I received a fat @ss tax bill and $375 in aggregate from all covid bonanza giveaway.

  13. Very Stable Genius says:

    Trump Officials Awarded $700 Million Pandemic Grant Despite Objections.

    A congressional report raises new questions about a pandemic relief grant to a troubled trucking company with close ties to the Trump administration.

    The firm had lost more than $100 million in 2019 and was being sued by the Justice Department over claims that it had defrauded the federal government for a seven-year period.

    It also suggests that senior officials such as Steven Mnuchin, the former Treasury secretary, and Mark T. Esper, the former defense secretary, intervened to ensure that the trucking company, Yellow Corporation, received special treatment despite concerns about its eligibility to receive relief funds.

  14. Phoenix says:

    VSG,

    The small gifts to the middle class were to help distract the real robbery that the wealthy were going to commit. Both sides, R and D.

    It’s okay. Just keep working and filling the coffers every 4/15. Just think, you are paying 10 grand or so for an artillery round the Chinese can make for 5 hundred bucks.

    You are all doing God’s work.

    Hehe.

  15. Phoenix says:

    Steven Mnuchin,

    The little otter faced troll who wants to buy TikTok after he and his buddies try to use the legal system to force them to sell.

    Guy is so repulsive looking.

  16. Hold my beer says:

    Phoenix

    And Israel makes an air to surface missile for a few hundred grand. Similar US one is 3 million. The UK is thinking of buying the Israeli ones to replace what they’ve donated to Ukraine.

  17. Phoenix says:

    How to scare young women in a campaign ad. Not surprised. Honestly I would’t put it past our government to do this:

    https://x.com/JackPosobiec/status/1782376594964664617

  18. Phoenix says:

    You aren’t the type. And if you did, you are exactly the type they would throw not just the book, but the entire library at.
    At the same time allowing their friends to escape.

    Hold my beer says:
    April 22, 2024 at 10:00 am
    Someone

    I should have put my cats and kids on payroll, gotten 10 million and moved to belize or Vietnam as soon as the money hit my account.

  19. Fast Eddie says:

    Phoenix,

    That’s an interesting link above. The Republicans are nowhere near as devious as the dems are in stirring anger and resentment. They have every calculated scheme down to a science.

  20. Phoenix says:

    Eddie, which one?
    The one with the hot chick or the people in the car?

  21. OC1 says:

    “And yet blue-state stooges like Unstable, ExLax, etc continue to vote for BigGov borrow-and-spend or tax-and-spend Dems.”

    SmallGov-

    You do understand that the PPP was signed into law by Trump, right?

  22. LAX says:

    Narrator: the ten-year cost of the legislation and executive actions President Trump signed into law was about $8.4 trillion, with interest.

  23. Juice Box says:

    OC1- You do understand the Cares Act was sponsored by Democrats? It became law only seven days after California locked down their state starting on March 19th 2020, and that State’s lockdown lasted the longest for over 453 days. If it weren’t for the free money many more people would have been back to work much earlier.

    Next time they say two weeks to flatten the curve, stock up on supplies as you won’t find a roll of TP anywhere for miles.

  24. Juice Box says:

    Fact check… $7.902 trillion estimated will be Biden’s four-year national debt total.

    Federal debt rose by about $7.8 trillion on Trump 4 years in office.

    https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

  25. OC1 says:

    Juice-

    And the CARES act was approved nearly unanimously by both parties in the house and senate.

  26. Fast Eddie says:

    Phoenix,

    The political advertisement is the one I’m referring to, pulling the car over a mile from the state line. Very slick and devious, very dystopian in nature. The dems are very persuasive and have media to steer the narrative… control over what you eat and drink, bootstrapping felonies onto misdemeanors, control over what you drive, how to heat and cool your house, which bathrooms to use, terms and actions they deem offensive, the number of genders that exist, redistribution of wealth… a forever list that seeks to destroy traditional and authentic America to replaced by a manipulated wasteland.

  27. Libturd says:

    Remember Biden’s disastrous military extrication from Afghanistan? That was planned by Trump too. And the wonderfully costly American Tax Act that only further enriched the rich? That was Trump too.

  28. Phoenix says:

    Eddie,
    I know.

    But did you look at the one with the hot chick?

    Do you see how it works. You know, playing the “victim.”

    There is a lesson in there.

    And the political one. Yeah, that shite is done by both sides. I bipartasanly hate both of them. Control by fear. Everything changes when you no longer fear anything.

    I’m ready. Bring it on.

  29. 3b says:

    Lib: So you are saying since Trump planned the withdrawal from Afghanistan, Biden could do nothing to prevent the disastrous withdrawal, and loss of all those young American servicemen/ women? That is certainly a stretch.

  30. SmallGovConservative says:

    Libturd says:
    April 22, 2024 at 1:08 pm
    “Remember Biden’s disastrous military extrication from Afghanistan? That was planned by Trump too”

    It’s this type of moronic excuse-making and deflection that marks otherwise intelligent people as Dem stooges.

  31. SmallGovConservative says:

    Juice Box says:
    April 22, 2024 at 12:52 pm
    “Fact check… $7.902 trillion estimated will be Biden’s four-year national debt total. Federal debt rose by about $7.8 trillion on Trump 4 years in office.”

    Fact, yes. But still misleading because it lacks some context. By my count, debt had risen by 3+ trillion by the end of T’s third year, and then exploded only because of covid. So absent covid, he would have been at 4ish. Nothing to brag about, but also nothing compared to SlowJoe’s reckless vote-buying.

  32. Juice Box says:

    Trump also caused inflation, and he also caused the war in Ukraine and the War in Gaza too…Nothing to see here Biden’s diaper is squeaky clean.

    Let be clear here I don’t want either geriatric near the nuclear football come January 2025. Maybe that new Avian flu strain will do gods work?

  33. Fast Eddie says:

    Phoenix,

    I saw the hot chick one, too. Attractive women do have a good hand to play more often than not. That goes for the tall, handsome chaps, too. Still, they can’t top a hot female when it comes to calling the shots. For us average dudes (generically speaking, of course) we’ll soldier on and keep earning our stripes. To paraphrase Ray Liotta as Henry Hill, “Every once in a while I’d have to take a beating. The way I saw it everybody takes a beating sometime.” lol.

  34. Fast Eddie says:

    I cracked an axe handle yesterday working on a tree stump.

    That was planned by Trump too, I believe.

  35. Libturd says:

    I’m just playin’ the same stupid games. No doubt, Biden’s been spending like a drunken sailor. They all do. Well, Obama and Clinton actually not so much if I recall correctly. But all of the others since Reagan have pretty kept the same trajectory in place.

  36. LAX says:

    Trump was the one that brokered negotiations with the Taliban and did not include the Afghan government back in 2020. this demoralized the Afghan government president & military. The Afghans wouldn’t have a chance & they chose to leave their country & posts. Afghanistan is known as the graveyard of conquers.

  37. Phoenix says:

    Eddie,
    You missed it. Things like this go right over your head.

    The calling of the police. The lie to them he was destroying the place. Her insistence that HE leaves HIS place. Who do you think the PoPo is going to ask to leave?

    This is why you need to record everything.

  38. Libturd says:

    Actually. I forgot about the shithole Obama was left to cleanup. Still, in 8 years, it could have been worse.

    Reagan is still waiting for some of it to trickle down.

  39. Phoenix says:

    Reagan was to America like the Enola Gay was to the Japanese.

  40. Juice Box says:

    Lib Barry is in the top 5… Both Bushes and Clinton in top Ten.

    Again I have said it here before there are no constraints on charging it to future generations, they vote time and time again across the isle to suspend any constraints. They are banking on not living long enough to see the collapse, debt service is about to cost more than we spend on the DoD…That is really saying something….

  41. Phoenix says:

    Friend of the family? Hmm. Just a theory, could Mommy be jealous of her cause her husband thinks she is hot? Hell hath no fury like a woman scorned….

    Sciabica’s attorney, Mitchell Ansell, who famously defended Bruce Springsteen in a DWI case, said that Sciabica and the student have known each other for three years. In fact, Sciabica has a “very close” relationship with the student’s family, having been invited to their home on numerous occasions.

    https://dailyvoice.com/new-jersey/monmouth/marlboro-mother-claims-middle-school-teacher-sexually-abused-daughter-prompting-investigation/

  42. Phoenix says:

    Old Goats don’t care. Especially narcissistic ones.
    We just gave Billions to Ukraine. But Social Security is going bankrupt, Medicare as well.

    Watch this one, if you have the stomach for it:

    https://www.reddit.com/r/LandlordLove/comments/1bunypn/elderly_man_selfimmolates_during_eviction_by/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

    Juice Box says:
    April 22, 2024 at 1:53 pm
    Lib Barry is in the top 5… Both Bushes and Clinton in top Ten.

    Again I have said it here before there are no constraints on charging it to future generations, they vote time and time again across the isle to suspend any constraints. They are banking on not living long enough to see the collapse, debt service is about to cost more than we spend on the DoD…That is really saying something….

  43. Phoenix says:

    “We were just trying to throw an elderly man out into the street to die. How could he be so cruel as to reflect our insane cruelty and indifference back at us?! He should have just accepted his death as necessary.”

    They saved the elderly woman with Parkinson’s, and now they’ll evict her to die on the street.

    Well know most landlords he probably try rent the place out again before even removing the body or burn damage

    You know he would paint right over it.

    At the morgue: “Why is the victim covered in white paint?”

    The new tenant: “Why does that dark unpainted spot look like a body?”

  44. LAX says:

    Meanwhile, Trump sleeps and shits himself during his trial in NYC.
    A living vegetable.

  45. No One says:

    Libturd,
    Maybe next time government won’t act like a tyranny and make normal life illegal, so then they won’t have to dump trillions into everyone’s pockets to paper over their own destructiveness?
    I don’t know if my net worth was exactly over 10mn in 2020, but I didn’t get any govt money. People whose worth was in financial assets didn’t get compensation. They did get their interest income cut to about nothing for a few years, as the Fed tried to force them into more speculative assets.
    A big percentage of the population are receiving more than they are contributing to government as a structural lifestyle. Does that bother you?
    People who have net worth of over 10m have almost assuredly over their lives paid much more to government than they’ve ever received.
    There are plenty of people who lied and cheated to get COVID money, shouldn’t that be a more significant point of concern?

  46. No One says:

    Smoke show teacher?
    Something suspicious about that article saying the teacher was “very close to the family”.
    https://getyarn.io/yarn-clip/0891b2a3-177b-4379-a5f2-92682a2b9b69/gif

  47. OC1 says:

    Life can be very tough for people with net worths over 10 million.

    Won’t somebody think of the multimillionaires?

  48. No One says:

    Self immolation is an overrated way to kill yourself. Really unoriginal, and unpleasant for all involved.
    Surprised nobody has picked suicide via Trump attack, given all the Hitler comparisons one sees.

  49. Libturd says:

    We can be hopeful.

    Good Pesach.

  50. Fast Eddie says:

    “I’ll take the ‘Progressive Male’ for $500, Alex.”

    https://tinyurl.com/3vfjy9rx

  51. No One says:

    OC1,
    If you think mistreatment of the most productive and wealthy is something to snark at, try living in a country like Venezuela or Cuba where they practically aren’t allowed to exist (except in government). Then you might suddenly realize that individual rights including property rights, and just treatment of everyone, is a cornerstone of advancing prosperity for all. And that businesspeople and entrepreneurs and investors in enterprises, and their treatment in the legal and tax system, is a key foundation of a country’s wealth and material progress. There’s a bunch of people in Ethiopia who if they had the imagination would wish they could be “exploited” by multimillionaires willing to build factories where they could get “underpaid” for long hours working in them.

  52. LAX says:

    3:12 i’m pretty sure you’re a closet case, Gary.

  53. OC1 says:

    No one-

    Really? Are you and other rich people treated so badly here?

  54. Hold my beer says:

    3:50

    Project much?

  55. phoenix says:

    Plenty who think they are the most productive are just really full of themselves.

  56. LAX says:

    4:27 there’s only two things from Texas: steers and queers

  57. SmallGovConservative says:

    Couple of good posts by No One. You know they’re good because they got a rise out of that leftist nut OC1, who will no doubt keep voting for the D team that wrecked Detroit and other once-vibrant cities, is driving human and financial capital out of blue states so fast that they’re looking to expropriate the wealth of those that are leaving, and are importing the third world so that they can ultimately wreck the country as well.

  58. The Great Pumpkin says:

    Inflation anyone?

    1987 Condo says:
    April 22, 2024 at 10:18 am
    Stop, $71 million, peanuts…how about $3 BILLION!

    NEWARK, N.J. – Three individuals were charged today for falsely seeking more than $2.9 billion from the IRS by filing 131 false tax forms claiming COVID-19 related employment tax credits, U.S. Attorney Philip R. Sellinger announced

  59. LAX says:

    6:10 never watched it. GenX not gooofy ass gen whatever you are.

    Now Fallout on Amazon, that’s a crazy series.

  60. chicagofinance says:

    WSJ Op-Ed

    If You Give a College Student a Cookie . . .
    The children’s book series helps explain the dangers of indulging unreasonable requests around the world.

    By Allysia Finley
    April 21, 2024 5:03 pm ET

    How did our world, culture and politics become such a mess? A simple explanation can be found in the best-selling children’s picture-book series “If You Give . . .” by Laura Joffe Numeroff. In each story, indulging a creature’s unreasonable requests—be it for a cookie, muffin or pancake—stimulates an appetite for more. So it goes in real life:

    • If college students ask for safe spaces, you might give affinity groups their own centers. Then they’ll want to feel safe in classrooms and will ask for trigger warnings to protect them from ideas they don’t like. When you agree that certain ideas can be dangerous, students will occupy buildings and demand that speakers be canceled.

    When you apologize and disinvite speakers, students ask you to excuse tardy and incomplete assignments because they were busy protesting. When you give them an A for no effort, they will graduate with honors and think they don’t have to work hard to succeed.

    Then, when you give them a job, they’ll ask to work only 30 hours a week. If you say yes, they’ll use their extra time to organize a union. If you recognize their union, they’ll ask for extra paid days off and eight weeks’ vacation.

    When they max out their credit cards, they’ll ask for their student loans to be forgiven. When you cancel their debt, they’ll quit their jobs to get graduate degrees in community organizing. When they can’t repay their graduate loans, they’ll ask for more debt forgiveness.

    • If a hungry migrant shows up at your border, he will ask for asylum. When you let him into the country, he will ask for a place to stay. When you give him free room and board at a Manhattan hotel, he will invite his family and friends, too. When you let them in, they’ll ask for a bus to New York.

    • If an electric-vehicle startup asks for government support, you might agree to fund the construction of its first factory. Then it will want tax credits for people to buy its cars. Since drivers need to charge their EVs, the company will ask you to finance charging stations. When it keeps losing money, it’ll ask you to subsidize its battery manufacturing.

    When it produces more EVs than people want to buy, it’ll ask you to ban gasoline-powered cars so consumers have no other choice. Then it’ll ask for more money to build factories to make more EVs that people are forced to buy.

    • If you create a child-tax credit, liberals will demand that it be made more generous. When you increase the credit, they’ll ask to make it refundable so people who don’t owe taxes can claim it. When some stop working, they’ll ask to increase the earned-income tax credit as an incentive to work. Then they’ll ask for paid family leave to make it easier for parents to take time off work. When inflation increases because of government spending, liberals will ask for a bigger child-tax credit.

    • If Iranian mullahs ask for relief from economic sanctions, you may go along because you want them to agree to a new deal to limit their nuclear-weapons program. When you give them sanctions relief, they’ll spend their bounty on manufacturing weapons, which they will give to terrorist proxies to attack Israel.

    Then the mullahs will ask for more sanctions relief, which you’ll grant because you believe it will encourage them to be less belligerent. Then they’ll manufacture more weapons, which their proxies will use to launch more attacks.

    When you ask Israel to stand down, the mullahs will continue manufacturing weapons and enriching uranium. Then they’ll ask for the abolition of Israel in return for not launching a nuclear weapon.

    • If Israel removes its citizens from Gaza, Hamas will take over and ask for humanitarian assistance. When you send aid, Hamas will use it for military purposes while impoverishing its people. Then it’ll use Gazans as human shields after launching attacks on Israel. When Israel tries to defend itself, innocent Gazans will accidentally get killed.

    The United Nations will lambaste Israel as the aggressor. Hamas will smile and ask for more humanitarian relief. When you give Hamas more aid, it will launch yet more attacks on Israel and take civilians hostage. When you seek to negotiate their release, Hamas will ask for more aid and a temporary cease-fire.

    When you agree, it will regroup. Then when Israel accidentally kills Gazans while trying to eradicate Hamas terrorists, radical leftists will block traffic on U.S. bridges and demand a permanent cease-fire. When you agree, Hamas will escalate its attacks. When Israel fights back, college protesters will ask for safe spaces for Hamas.

    The list goes on . . .

  61. Phoenix says:

    If you give Ukrainians American hard earned tax dollars, they demand more. If you offer them weapons, they scream and demand they get them immediately.

    If you take this money from American taxpayers, they drive on roads covered potholes and have to replace their rims and tires due to the damage.

  62. Libturd says:

    Now for something completely unrelated.

    Crude seems to be coming down in price and housing is starting to show some signs of slowing. These are the two components driving inflation. Surprise rate cut coming?

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