From the NY Post:
Florida’s crumbling home prices haven’t been this bad since 2011
Florida’s sun-soaked southwestern coast, known for its wealthy enclaves and retirement appeal, is grappling with the steepest home price drops in more than a decade.
From Sarasota’s luxury listings to Punta Gorda’s booming developments, property values have fallen at rates not seen since the post-recession days of 2011.
Despite rising home prices across most of the US, certain Southeast metros, especially in Florida, are bucking the trend.
Data from the National Association of Realtors (NAR) paints a grim picture. The Punta Gorda area witnessed a 6.5% price drop this past quarter, pulling the median down to $350,000. North Port-Sarasota-Bradenton wasn’t far behind with a 5.8% fall, pushing median prices to $485,000.
Cape Coral-Fort Myers also recorded a 3.7% dip, adding to earlier declines this year. Economist Lawrence Yun from NAR highlighted a cocktail of challenges pressuring the market, including increased housing supply, skyrocketing insurance premiums and accelerated construction in recent years.
…
Florida isn’t alone in this reversal. San Antonio, Texas, and Durham, North Carolina — cities that saw their real estate boom with over 20% gains two years ago — are now facing price corrections.
And while national home prices inched up by 3.1% in the third quarter, with the median hitting $418,700, the pace of growth is slowing, indicating that affordability is still a major concern in many places.
First. And uh….
I’ll be sooooo happy when Trump is in office and all of the folks who voted for him have to find “someone other than Biden..,Obama….(LMAO) to blame for their pathetic lives.
You first? Cheater
If it was just Florida experiencing price drops, it would make sense with the insurance cost and the worry of being in hurricane alley. But with price corrections in Texas and North Carolina, it appears a correction is occurring across the board. I’ll assume Las Vegas and Phoenix are facing the same as they were culprits the last time? I’ve even noticed some drops in the Northern Jersey though, when your ‘ask’ is at sublime levels, a drop is still a 50% profit if you bought pre-covid. If you bought a few decades ago, you can sleep on a mattress of money. Money for nothing and chicks for free.
Yeah I’m hearing Austin is on the limp side these days.
NSFW. Trump voter gets pranked
https://www.reddit.com/r/ActualPublicFreakouts/s/Vd7YgPBwNq
A flip. Originally asking $1.3 mil, down to 999K and shittily done. You can smell ‘cheap’ through your screen:
https://www.trulia.com/home/514-mark-rd-allendale-nj-07401-37847698
Sold for 819K a year ago, asking 929K now. Personally, a flat screen TV over a fireplace makes me cringe. Unacceptable. As is the price for this one. Sorry, don’t care if it’s Ridgewood, this place has nothing:
https://www.trulia.com/home/955-barnes-dr-ridgewood-nj-07450-38009058
Ideally like to time a sale here before the bottom falls out of the economy.
You know it’ll happen.
7:23 in the right setting a flat screen over a fireplace is nice.
Fast Eddie,
Fast Eddie says:
November 12, 2024 at 9:18 pm
Corruption, cronies, bureaucracy, anti-American lawfare hawks and forever appointees… gone.
Is just getting started baby. Is like that time that the priest got you the 2nd Big Mac to keep your mouth shut after that escapade after hours. After that 2nd Big Mac, you just kept eating them and transfer the anger of your abuse to other people making you into a MAGA republican.
Just dial your clock back to 1924 and how government behaved then. Corruption at all level and the Great Gatsby got taken care of. The self-righteous religious nutjobs got Prohibition into law and gave steroid to organized crime.
The Gatsby’s of the world want small government so they can get away with abusing you, just like that priest. They use the small fringe fools Libertarians that cry Freedom to do the job for them. What the Gatsby want is Feudalism lite. What we are going to get is Techno-Feudalism. The whole point of Crypto is to take away the power of control over money from any government creating total capital freedom and be able to purchase anything, anywhere, anytime.
The strongest and most capable nemesis right now in the planet, able to curtail the upcoming Techno-Feudalism is the chinese communist party as bad as it is. Watch what they do. Jack Ma learned a lesson. The original post Yeltsin 5 oligarchs in russia learned a lesson.
What you see building within the MAGA crowd is a dividing line already. One side the Techno-Feudalist (Musk) want to be lords and the State Corporatist using religious moralism and populism (Bannon). Both self-interest weanies that will sell humanity to the highest performing AI.
The hot transplant real estate markets are like fomo stocks. They rise fast and fall hard. The Northeast is more like your Mag 7. Really expensive, goes up, when it goes down, not by much.
8:13,
Holy breakdown, Batman! What’s the frequency, Kenneth!
I think some Remeron may help you.
Ten 436
Glad I sold my place in FL in 2022. Buyers were skittish then. Two buyers backed out after being under contract for nonsensical reasons. I doubt I could get what I sold it for today.
8:23 actually if you read the post it’s more coherent and on point than anything you’ve ever posted.
BTC 90k
Just waiting on Las Vegas to bust. Inventory is increasing and there are signs of problems, but the Californians keep moving in propping up prices.
…but the Californians keep moving in propping up prices.
Who’s shocked that people are leaving California?
Bitcoin is fine, for gamblers. I hope they win. I’ll watch from the sidelines.
In other news, our club doubled our position in ASML. It took a beat down from a shortcoming in orders last quarter that were likely caused by two customers who were simply delaying their orders (Intel and Samsung). Most analysts value them in the mid 900s conservatively. It is currently sitting at 658 and it may drop to closer to 600. Now is not a bad time to start scaling in. Last quarter reported a day early (by accident), about a month ago. Or just buy some Bitcoin and wonder why the fuck it has value.
Cali is a mess of homeless people. But the pendulum swang to far and now even the Dem leadership in places like San Fran and Los Angeles are realizing it. Heck San Fran is locking up shoplifters now. Bail reform be damned.
Heck San Fran is locking up shoplifters now.
Next thing you know, cats and dogs will be living together… when they’re not eating them of course.
Re: homeless people in Cali
I have covered this in detail before. We don’t have as many homeless here in NY Metro area because of all of the public housing units that have been built over the decades.
NIMBYism plain and simple in Cali as Prop 5 just failed on the ballot. You cannot build it in my backyard because we won’t fund it!
https://sfstandard.com/2024/11/12/affordable-housing-and-infrastructure-reform-rejected/
I recall about ten years ago reporting that Golden Gate Park was no longer useable after a trip out there. Even back then, the Mission District was scary. We drove from San Diego up to Santa Barbara during my son’s college search for three days almost three years ago and it was clearly a different place from when I lived there in the early 2000s. Drug use is a huge problem in our country that our leaders continue to ignore along with gun deaths. And you wonder why the kids are fed up with current leadership.
Thought I would stop by to say…..Roaring 20’s 2.0 PUMPS with another banger 10 years out.
Also, lesson from the election….never bet against ELON.
Ten 441
And crypto is a beautiful thing. KILLING IT. You know I started my position in bonk a year ago and built it up all year. Now I sit back, enjoy the ride, and get ready to exit when that time comes.
I was thinking about how Pumps and Leftwing abandoned us. One down.
Where’s ‘Very Stable Genius’?
Experiences have a lasting impression
But words once spoken don’t mean a lot now
Belief is the way, the way of the innocent
And when I say innocent, I should say naive
So lie to me, but do it with sincerity
Make me listen, just for a minute
Make me think there’s some truth in it
Promises made for convenience
Aren’t necessarily
What we need
Truth is a word
That’s lost its meaning
The truth has become
Merely half-truth (half-truth)
So lie to me, like they do it in the factory
Make me think that at the end of the day
Some great reward will be coming my way
M. L. Gore
What 800k gets you in Tenafly.
https://www.njmls.com/listings/index.cfm?action=dsp.info&mlsnum=24029195
Tear down?
Jon Stewart
https://m.youtube.com/watch?v=TKBJoj4XyFc
@Chicago, yep gas lines are already marked.
Fast Eddie says:
November 13, 2024 at 11:53 am
“Where’s ‘Very Stable Genius’?”
I suspect he’s having a mental health episode like so many other leftists, including RentLord who I saw admitted to drunk-posting yesterday. I think Unstable was at Columbia the other day protesting our veterans.
WickedOrange,
Why are they tearing it down?
SmallGov, you are missing out on life. Try a few drunk posts.
Also try being efficient… like a robot. Because you know that’s what Amerika needs right now apparently.
CA is a little different in terms of costs. Our money went a lot further on a $750k purchase and the taxes and interest rate were low. LA itself is a strange and apparently moribund economy that’s been hammered by mergers, streaming, strikes and the like.
Out in more rural Ventura Co you have a flat to negative growth cycle going on five years now. Clearly a weird place to try to find a job. No, California as most of you know is a place people do when they have a lot of money. If you can put up with the occasional wild fire and earthquake you are golden. I find the beaches too rocky and the water too cold for this former “Florida” boy and lover of the Cape May experience for a years on end. Good times!
In terms of Economic engines I still see NorCal as superior right now even in the midst of the layoffs that have been occurring. There is just more innovation there. If I had to choose between NorCal and SoCal, I might be tempted to say NorCal.
I think they should eliminate the electoral college and go with the popular vote. Wadda y’all think?
A nation of bots – hired, controlled and fired by the technokrats to serve the oligarchs and cheered on by the same people who are gonna be hired, controlled and fired. Hunger Games and some.
Vote? Hahahahahahahaha
Today is the anniversary of the day Felix Unger was asked to remove himself from his place of residence.
Gary,
Absolutely. But it would open the field for a third party candidate, so they will never let it happen. The gravy train must keep rolling as is. And if Musk can cut 2 trillion out of the budget, I’ll convert to MAGA. But the result can’t be temporary like Trump’s Tax Act was. Do you all recall Trump threatening to fire the FED chief if he didn’t cut the interest rate because once the short-term gains from his tax act wore off, corporate America was staring down the face of a massive recession. This was all lost on Covid of course.
Pump’s,
How’s your DNA doing?
1:56 It might be time! You realize history isn’t on the GOP’s side there.
I just retrieved my snailmail and low and behold, I received a really nice letter from Fabius (Maximus) with his end of the bet. He’s an upstanding guy, even if he continues to drink thed Kool-Aid.
Fab. Thanks man. I knew you were good for it. And thanks for the letter. I showed it to Gator and she got a great laugh out of it. She also wants to kill me for making that bet in the first place. So you win some and you lose some I guess.
I really think it’s high time for a Silk City GTG. Would be great to see many of you again in the flesh. And all the newcomers, for the first time. Come on Grim. Make it so. Us old-timers need to get out.
First drink’s on me.
Never bet against the Libtard……
I don’t think anyone remembers me (or that I want you to), but I was there for Grim’s first ever GTG… forget how many elections ago that was.
Matt Goetz? WTF?
The ONLY upside is that it gets (no pun intended) him out of Congress.
Wow! This is the biggest shithole country now, morally speaking.
Libturd,
I’m up for the GTG. When?
Ten 445
Can we do a GTG in the driveway of the old multi?
Would the owner mind?
Stu. Could you bring your smoker?
OMG Matt Gaetz as AG and Tulsi Gabbard DNI? Greatest show on earth…
If Grim and folks, want to make a retreat out of the GTG, let me know.
I could arrange a 20 acre retreat center with multiple rooms (for overnight if needed) at the shore potentially available. Grim, you know how to get hold of me.
Gaetz as AG. LOL.
He will bury all of the tapes and the info they have him on with the underage girls. Both of them.
Jim Jordan must be feeling left out.
Just wow.
Tulsi just flat out being able to give the intelligence info away instead of back dooring it.
This must be what Elon is talking about with efficiency.
MTG for NASA head? She knows all about the space lasers.
Might be time to move to Canada and apply for asylum.
“Trump has nominated Rep. Matt Gaetz as Attorney General”
Everyone’s reaction makes it look dark. I know that it looks bad and everyone here will be like these folks. Think a year for every 10-15 seconds of video.
https://youtu.be/LtwutlbJQqI?si=Rphs9LD0cz9GsNOU
Here is RFK Jr as head of HHS talking to the Public Health Service Uniform staff.
https://youtu.be/J67wKhddWu4?si=ob5OemraYBDpFXcR
Hehe.
Teacher ‘left husband for boy, 13, she was raping and called youngster her “crystal meth”‘
I would like to hear what the MAGA folks here think about all these appointments. I’m trying to find a way to rationalize the insanity.
And a follow up question, at what point would you consider that this to be America’s Brexit moment.
Please explain without insults and without using the word “libs”.
Spend two minutes on this, it’s comical:
https://www.youtube.com/watch?v=CuRSVUWXA0s
Hahahahaha Holy Crap. talk about Banana Republic shit
See folks that is how the stupid become even dumber. You just witnessed an inflection point in American politics.
Rentlor re: “retreat center with multiple rooms”
Does one room have a swing? You know a kink room and all?
Or is this more like a time share place where they lock you in until you sign on the dotted line?
Should pardon Diddy and put him in charge of Title IX.
Juice, if you are into outdoors kink, there’s plenty of trees and wilderness for it. Bring your own rope, swing, whip, etc. Yet, close to some major traffic if you are into public display.
Trumps appointments?
America has turned into a reality show.
It’s like a rip current. Don’t try to fight it. Relax and see where life takes you.
Teach your sons about this:
https://www.reddit.com/r/CrazyFuckingVideos/comments/1gokfwv/she_is_freely_walking_around_the_apartment_while/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button
RentLord,
Not MAGA, but voted for OrangeTurd in 16. Laughed for all 4 yrs. I’m just finished laughing after the Inspector Clouseau AG and Maxwell Smart DNI nominations.
I think it goes like this…..
It goes back to the death of RFK, LBJ not pursuing re-election and Nixon. Nixon’s resignation slowed it down a lot. Reagan loosened the bolts of social infrastructure created by the New Deal/Great Society that expects the Great Gatsby of the world to pay their share and behave like everyone else. Reagan got a pass, because everyone expected his old GOP behavior and it was still the Cold War.
Clinton took out the bolts screws with neo-liberal economics. Clinton by far was the most dangerous because he came from poverty, self-made thru the meritocracy which gave him a certain disregard for people because in his mind, if he made it so can everyone else. The meritocratic way is the best but has to be tempered with a lot of Noblesse Oblige, otherwise you get assenine behavior like the present corporate democratic party, which as the election results showed it gets you the guillotine.
Then came W Bush with neo-conservative ideas and all the morbidity and mortality created along with all the economic and foreign relations blow back of the Iraq 2 fiasco. This did heavy damaged to working class families’ kids that join the military out of duty. As Bannon says, the meritocrats’ kids never do military service. A tid bit to this side is the amount of kids that joined the military during the late 90’s because they were wards of the State because of parental problems related to AIDS (remember that) or were abandoned because of finance after Clinton killed off the old welfare system.
Then it was Hopium Obama. Everyone expected Shaft and they got nerdy Urkle that sold out to the banks. Any hope and trust were broken. Remember the anger of Occupy Wall Street from the left and Tea Party from the right.
To make worse than you got Cankle Queen Clinton rigging the deck and booting out the only truth sayer Bernie Sander to be Cankle Queen of America. Here is where the Orange Turd fool comes in.
The anger is palbable from many sides and as the election showed, a slight majority really does not care after 40yrs of drubbing horse do-do from all sides.
RentL0rd says:
November 13, 2024 at 6:39 pm
“I would like to hear what the MAGA folks here think about all these appointments.”
Delighted. You guys are just hysterical because you only want elections to have consequences when Dems win. As to specifics…
Hegseth is a huge improvement at SecDef over the useless chump, ‘AWOL’ Austin. I mean not only did the guy literally go AWOL, he oversaw a catastrophic decline in recruiting to the point where the military is now tens of thousands of recruits short of targets.
Tulsi as DNI after the corrupt Dems placed her on a domestic terrorist list — awesome!
Noem/Homan replacing the evil midget Mayorkas at Homeland Sec/Border; is this even worth discussing?
Gaetz at DoJ is proof that not only does T want to drain the swamp, he wants to go scorched earth after it’s drained. Seems like the RINO’s may not approve him, but if he is, huge improvement over ‘lawfare’ Garland, the weak-kneed patsy who allowed Dem lackey’s like Wacko Jacko, Fat Fani and Fatter Alvin turn the rule of law into third-world lawlessness that would make any South American tinpot dictator blush.
Hopefully this group of strong-willed, clear-eyed people that T is surrounding himself with, will be able to make progress in restoring some normalcy to a country that’s been ripped apart by the Oblama score-settlers that hijacked the Dem party.
Finally that anger and cynicism is being taken advantage by our foreign enemies, by the Gatsbys that want to be High Lords of Technofeudalism and by self appointed leaders of old/new ideologies and viewpoints of old/new religions that makes them kings/prophets and all round big boss man pubbas.
I am down for a get together. Afterall, I owe Lib $10. Happy to buy a round.
>> … this group of strong-willed, clear-eyed people that T is surrounding himself …
Seriously?!!!
The history may be the same, but our memories of history seem to be quite different. We need to come back here 4 years from now and see which point in time was worse. I hope you are right and I am wrong in the hope for our common future.
Old realtor says:
November 13, 2024 at 7:30 pm
I am down for a get together. Afterall, I owe Lib $10. Happy to buy a round.
https://youtu.be/ps0Ad5hFw4w?t=24
Just saying..Canada sounds nice….
https://www.reddit.com/r/BeavisAndButthead/comments/1e6sde7/matt_gaetz_looks_like_butthead/
BTW folks.
Crazy congressional UFO hearing to boot today…..
WSJ report.
https://www.wsj.com/politics/national-security/house-ufo-hearing-pentagon-b3631f71
I just don’t understand how a Nazi keeps appointing women of color to power.
https://www.cnn.com/2024/11/13/politics/trump-picks-tulsi-gabbard-director-of-national-intelligence/index.html
Maybe scorched earth is what this country needs. Playing the same game doesn’t seem to be working any more. We’ll see.
When soybean farmers who voted for Trump were getting $10 a bushel wonder why after tariffs they get $2 – then they’ll realize where they went wrong. Trump’s economy is designed for billionaires.
I think they should eliminate the electoral college and go with the popular vote. Wadda y’all think?
Yes! Now is the time to do it.
But it’s been tried before (coupla times): https://radiolab.org/podcast/the-unpopular-vote
Very interesting episode of “Radiolab”,
Maybe scorched earth is what this country needs.
“Burn the MFer down” always sounds pretty cool, until you realize that you live inside the “MFer”.
“Democracy is the theory that the common people know what they want, and deserve to get it good and hard.”
– HL Mencken
Go long on Mencken.
I also think it’s a great time to get rid of the filibuster.
But it’s always a great time to get rid of the filibuster.
Burn the MFer down!!
Let it ride!!
>> Maybe scorched earth is what this country needs. Playing the same game doesn’t seem to be working any more. We’ll see.
We are now in FAFO mode
FAFO for the uninitiated https://youtu.be/1c9R8MGQWFk
Ok what day of the week/time do we want to do this? Thursday night probably best if we want to do something during the week, a little bit quieter.
Lib, I think the funniest part is how small the world is.
If I am drinking Kool Aid, I should have put rose lenses on those sunglasses. I’m just calling the game as I see it.
Russia Russia Russia was right right right. Not one thing in that Steele dossier was disproven and only one item (who had Donnie Jrs Burner phone in the Seychelles, called into question. Now we see the full effect of Project 2025. For you, if the Dept of Ed goes, so does IDEA and Special Ed.
I asked the question how bad the nominees would have to be for Donnie to need recess appointments and he didn’t disappoint. Tulsui was on that no-fly list for a reason. And as for Hegseth for DOD, https://x.com/TaylorMatthewD/status/1856785877403361524
There is something in the air, I just cant put my finger on it.
Thursdays work for me.