From CoreLogic:
US Home Price Insights – December 2024
Home prices nationwide, including distressed sales, increased year over year by 3.4% in October 2024 compared with October 2023. On a month-over-month basis, home prices increased by 0.02% in October 2024 compared with September 2024 (revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results).
The CoreLogic HPI Forecast indicates that home prices will drop by -0.03% from October 2024 to November 2024 and increase by 2.4% on a year-over-year basis from October 2024 to October 2025.
U.S. home price growth has remained relatively flat since this summer, only eking out gains in certain pockets of the country. The Northeast has proved particularly resilient to current economic conditions despite slower job growth, elevated interest rates, and ongoing affordability concerns.
New Jersey, Rhode Island, and New Hampshire claimed three out of the top five spots for year-over-year price gains, rising 8.1%, 7.5%, and 6.3%, respectively. Rhode Island and New Jersey prices reached new highs in October.
Meanwhile Washington D.C., Idaho, and Montana top the list this month for the states that are furthest from their price peaks. Each location was down from its former high point by -3.5%, -2.5%, -2.1%, respectively. However, on a year-over-year basis, Washington D.C. prices are still up 4.7%.
Despite the price declines seen in certain areas of the country, overall national price growth is expected to continue at a muted pace. Still, forecasts suggest that national single-family home prices will reach a new peak level in April 2025. Currently, the median sales price for all single-family homes in the U.S. is $385,000.
Fiiiirst
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From CNN:
An experienced shooter: Police recovered three live 9mm rounds and three discharged 9mm shell casings from the scene. The words “deny,” “defend” and “depose” were found on the casings, ABC News reported, citing police sources. Detectives believe the gunman operated in a way that suggested he was an experienced marksman, police officials told CNN. The shooter also used what appeared to be a silencer on the gun.
Some speculation that sub-sonic (low-power) rounds were use to further suppress gunshot noise, which can significantly increase the chance of the gun jamming as there isn’t enough energy to effectively eject the shell and reload the next round. Another tip towards being a very skilled or well equipped shooter. However, 3 jams and 3 fired rounds doesn’t exactly sound like that setup was tested, practiced with.
Pardons for everyone!
https://archive.is/2024.12.04-214230/https://www.politico.com/news/magazine/2024/12/04/biden-white-house-pardons-00192610#selection-1161.0-1161.15
New Jersey, Rhode Island, and New Hampshire claimed three out of the top five spots for year-over-year price gains, rising 8.1%, 7.5%, and 6.3%, respectively. Rhode Island and New Jersey prices reached new highs in October.
I predicted at worst, we’d have a sideways or flat price point for a few years in NJ. I’m altering that prediction; after the covid increases in the Northern NJ sphere, we can expect a steady 3% to 4% rise for the next few years. For once, the rhetoric spewed by the house tour guides is correct: Buy now or be priced out forever. In our lifetimes, houses may become property of the government. Your responsibility will be to pay the property taxes which will be out of reach for most. Either way, “owning” a house will be a status symbol for the “haves” while assorted levels of riff raff and rabble will dwell in pods constructed with Chinese made particle board.
Higher taxes are coming…
https://www.roi-nj.com/2024/11/25/politics/roi-nj-exclusive-governor-orders-departments-to-freeze-hiring-salary-increases-and-reduce-budgets-by-5/
In the latest acknowledgement that the long anticipated ‘fiscal cliff’ is coming, the Murphy administration, in an email sent last week, notified the heads of all the cabinet departments that the state will pause approvals for discretionary salary increases and that each department should limit new hire requests to those that are “mission critical” to the functioning of the department, ROI-NJ has exclusively learned.
ROI-NJ also has learned the email, sent last Thursday afternoon, comes approximately seven weeks after the administration told all the department heads, in an email sent Oct. 1, that they should be prepared to cut their operating budgets by 5% for the Fiscal Year 2026 budget.
Both emails were seen by ROI-NJ.
The governor’s office acknowledged the emails but declined a request to comment.
Here’s what I’m tracking for 2025 tax increases.
Gas – Increases by 2.6 cents on Jan 1
EV Sales – Full sales tax 6.625% on July 1
EV Registrations – New $250 annual road tax fee on EVs (highest in the country)
NJ Turnpike – 3% increase in tolls on Jan 1
GSP – 3% increase in tolls on Jan 1
AC Express Way – 3% increase in tolls on Jan 1
Discussions taking place to push sales tax from 6.625% to 7% and eliminate sales tax “holidays” (like back to school, etc) going forward – this was cancelled in 2024.
Corporate Transit Fee Tax (WTF?) – 2.5% surcharge on top of the 9% corporate tax rate for businesses with a net taxable income over $10m (will now be the highest in the country)
Indirectly, minimum wage moves up $0.36 to $15.49 – This is actually a smaller jump than in previous years on a percentage basis, but still meaningful in increasing costs and resulting pass-thru to prices.
Shooter called someone on a burner phone just before the shoot, seems to be an organized hit, trained killer paid to murder this guy. NYPD has the casings, a water bottle purchased at Starbucks and the burner phone too.
Indirectly, minimum wage moves up $0.36 to $15.49…
NJ minimum wage was at a somewhat stagnant level for years, right? Regardless of the inflation rate, the average increase YOY was relatively fixed. In 2019, a law was passed to up the min. rate aggressively. Then Covid hit and the price of everything skyrocketed. Does a wage of $15.49/hr. today accurately reflect the wage over time graph or should that min. wage now be much higher because of runaway inflation over the last four years?
The “getaway” bike was pre-positioned as well – but not by the shooter, at least not that morning.
The bigger question is why the fuck am I diving into a math question at 7:49 AM?
NJ minimum wage was at a somewhat stagnant level for years, right?
2020 – $11.00
2021 – $12.00 (9% Increase)
2022 – $13.00 (8% Increase)
2023 – $14.13 (9% Increase)
2024 – $15.13 (7% Increase)
2025 – $15.49 (2% Increase)
2020 to 2025 – (41% Increase)
2015 – 2025 – (85% Increase)
Or visually:
https://fred.stlouisfed.org/series/STTMINWGNJ
Also, COLA adjustments are now mandated, so we should see annual indexing vs. the historic trends of longer periods of stagnant wages and occasional jumps.
The shooter bought coffee and water at a nearby Starbucks and left them in a garbage can at the scene along with DNA. Also possibly left a phone behind and wore a very distinct backpack. Lots of mistake for a professional criminal. More likely someone who knows guns. Since the casing were engraved possibly into hand loading.
The other part that’s odd to me is, that video is too good. Did the shooter know that camera was there? Plan for it? Maybe that’s a stretch.
Re “stretch”
Public killing in NYC, knew he would be there for an investor conference. they could have easily shot him in the leafy suburbs in Minnesota. They are sending a message…with this public killing and the message on the shell casings.
Grim,
I was referring to my younger years in the min. wage growth. It was stagnant as the visual indicates and we used to mock it. The last ten years have shown significant change. So, with COLA adjustments, you’re saying 2025 and beyond will be reflected in the inflation increases of the last four years? I need more coffee. lol.
It’s weird how it was well planned yet he made multiple easily avoidable mistakes.
Maybe he wants to get caught and use the trial as a platform for his cause?
If he lost a child due to denial of coverage of a treatable or curable condition or disease would 12 people Agree to find him guilty of 1st degree murder?
From 1968 to 2005, that chart is painful to look at. And saying it increased 3 or 4 fold means nothing when you’re making nothing. Even 2005 to 2015 is hard to look at. It’s only the last ten years that the min. wage push was substantial.
This murder has all the hallmarks of an episode of Law & Order.
Public killing in NYC, knew he would be there for an investor conference. they could have easily shot him in the leafy suburbs in Minnesota. They are sending a message…with this public killing and the message on the shell casings.
Or maybe that message is there to throw the police off the track?
Most “white collar” type murders are over personal stuff- love triangle, divorce dispute, custody battles, inheritance…
Juice
It probably will become a law and order episode next seeason.
You talk as if getting a Ph. D is a walk in the park. And the long drawn academic life of a post doc working for pittance, then the struggle to get an offer, much less tenure ship.
Actually earning a PhD is not a walk in the park. Getting a grant from a high profile federal program, screwing up, and getting pushed through in 5 years to save money is a walk in the park…and that what happens in the universities now. 50% earn it. 50% get pushed through. That’s why employers are very wary of PhDs in science these days. I posted about all of this on this forum in real time in grad school 15-20 years ago. Not all Drs. are equivalent bro.
Most “white collar” type murders are over personal stuff- love triangle, divorce dispute, custody battles, inheritance…
That’s what I was thinking.
I noticed from the images, the shooter has a long, slender looking nose and it seems a slender shape of the face. Eastern European?
Internet sleuths have identified the backpack. Peak design cost around $300 used mainly by photographers. It’s know as the cybertruck of camera bags….
https://www.dailymail.co.uk/news/article-14159801/CEO-backpack-assassin-Manhattan.html
This CEO murder is like something out of a Jack Reacher novel. I read the gun may be a Welrod suppressed pistol. It is a single shot bolt action, therefore the gun did not jam as some people said. An interesting piece of kit that the casual shooter would not have access to.
Expensive backpack bolt action WWII Pistol that was made in England?
Sneakers look to be Adidas…Seems like the hitter might be a Brit perhaps some 007?
FYI – United Health is actually run by the Holding Co….UnitedHealth Group CEO Andrew Witty also British….Witty was knighted by the Queen.
Company is under investigation too.
Sherlock Holmes has entered the chat.
Hehe
Sorry to disturb the regular programming on the CEO killer…
9:43
>> 50% earn it. 50% get pushed through.
Where did you pull these stats from?!
It is more like 50% drop out of their field and become influencers because of the pressur, lack of funding or just frustrating that their family doesn’tvqlue what they do.
While we are talking about bad CEOs getting killed, anyone follow the 12 year Mjke Lynch saga?
Just fascinating.
The guy wh0 offed the CEO should run for President.
He has already managed to unite the entire country.
Hehe.
Lib – you need to change your name again. Hawk Tuah got rich off a crypto token rug pull it seems.
https://x.com/SolanaFloor/status/1864446878492053597
Juice: Law & Order is terrible these days. I can’t believe it is still on TV
Phoenix,
Not only has he united everyone, they are all talking about guns as well. Is that progress or what?
Shooter unmasked.
https://x.com/NYPDnews/status/1864706407985221974
Juice Box,
Those are good photos of the guy. Someone is going to recognize him.
I see nothing. I know nothing.
Juice: We need commentary from Phoenix about the legion of women who now want to bed the healthcare assassin hottie
It’s gonna be an interesting four years.
We just voted to make our healthcare worse, so maybe we should all calm down with hating the CEO who would have benefited the most?
I mean Project 2025 clearly calls out how the likes of UHC will be given more control.
Am I missing something?
Trump speaks loudly and carries a small stick. Let’s just wait and see. I think he’s in it for the grift, so all of this Project 2025 stuff may not come to fruition. Remember, wanting to feel liked is all that matters to him. When his popularity ebbs from all of his swamp draining and the loss of services that came with it, he’ll likely do an about face. Or, he’ll just wreck the country and the corrupt Dems will have to put it back together again.
Lib: If the Dems are corrupt, and they are, than they certainly won’t be able to put it back together again, whatever that means. The fact is both parties broke it in the first place.
Biden /Harris, Trump/ Vance, this is what the fine Democrats and Republicans offer to the American people. Both parties blow, period.
Biden fell asleep again into the middle of a televised meeting.
Better closeup of the shooter…
https://x.com/Drinkin_Bros/status/1864748875061563614/photo/2
Rentlord
I don’t think he has the votes in the house to overturn Obamacare. He just needs 3-5 republicans in a purple district to vote present or not show up for a vote and it won’t get overturned. Most likely the funds Biden added to it for people to get cheaper insurance will simply expire next year and not get funded.
Traitor Joe
If he was listening to Harris spew more word salad it’s understandable.
1:24 Wake me up when it’s over.
7.0 quake in Humbolt Co.
That is fucking awesome lol….
Juice Box says:
December 5, 2024 at 2:45 pm
Better closeup of the shooter…
https://x.com/Drinkin_Bros/status/1864748875061563614/photo/2
You deplorables!
Biden was not asleep! I‘m sure the great White House press secretary (the Bagdad Bob of D.C.) will say Joe was in deep thought about world affairs.
Chad: I saw the clip, he was most certainly asleep.
2:48,
So you voted for Trump but don’t want his promises to be kept? What does that say about you?
Gentle reminder: Sleeping at work is not treasonous. Selling out the country is.
Trump didn’t wake up until 11 most days.
Nasty internet twitter rumors VP Harris and hubby are splitsville…allegedly over cheating with a campaign aide.
The bigger news should be why Trump and his hoe are together.
RentL0rd says:
December 5, 2024 at 6:30 pm
Gentle reminder: Sleeping at work is not treasonous. Selling out the country is.
_________________________________________________________
I assume you are talking about Joe and the borders, or his taking money and laundering it through 25 bank accounts. I really feel our country just wants Joe gone, not worth going after him because he misled the country for his own gain.
EX says:
December 5, 2024 at 6:42 pm
Trump didn’t wake up until 11 most days.
Trump during his first term was up at 5 and working, I am sure he will do the same with his next term. Where do you dream up these stories???
Juice Box says:
December 5, 2024 at 7:33 pm
“rumors VP Harris and hubby are splitsville…”
I mean this much winning isn’t even fun anymore. Not only does T survive Dem lawfare, as well as their assassination attempts, he gets the world’s richest guy to become a Rep and scares Dem weasels like Jack Smith and Pencil Neck Schiff so much that they beg for pre-emptive pardons, all in addition to terminating both SlowJoe and Carmella, sending her into a drunken stupor while her hubby, the epitome of modern Dem masculinity, bangs a campaign aide. Even here on this site, most of the stooges are so broken that they don’t even show up anymore, leaving only a few duds like LACKS and Rent with their feeble attempts at humor and dreams of AOC in 28.
Rent. Gentle reminder, Presidents whether Dem or Repubs , Biden or Trump , or anyone else, do not fall asleep at an international conference that is televised. It’s not like he was taking a nap in the Oval Office. The optics are bad, surely you can at least admit that.
More FAFO
https://bsky.app/profile/steverattner.bsky.social/post/3lckuo5wbp22f
Steve Rattner @steverattner.bsky.social
Musk and Ramaswamy have already identified $516B dollars in government savings — it includes cutting all of Veteran’s Affairs health care, eliminating the NIH, and ending funding for federal prisons.
lol wtf…if you fell asleep at a meeting, you’d be in trouble.