From Newsweek:
House Prices Could Fall in Three ‘Vulnerable’ States
The housing market is vulnerable to decline in parts of the country with analysis suggesting that prices are more at risk of falling in three specific areas.
Real estate experts at ATTOM, a property data firm, suggested that California, New Jersey and Illinois are home to the counties with the most at-risk housing markets.
Some areas in Florida now fall into this category, according to the Quarter 3 2024 Housing Market Impact Risk Report, which was published on Friday.
The news follows a string of warnings about the state of the U.S. housing market in recent months, although the picture is very different depending on the location of the market.
Back in July, ATTOM warned that homes were becoming ever more unaffordable with Americans being forced to spend much more of their paychecks to achieve home ownership.
And house prices had hit an all-time high that same month, according to the National Association of Realtors. But, around the same time, an ATTOM study warned that some counties in California, Illinois, and New Jersey were among the most vulnerable housing markets in the country, with owners there more likely to see the value of their homes slide during a downturn.
…
ATTOM CEO Rob Barber said the analysis showed how the U.S. market is exposed to “varying pockets of vulnerability”.
He added: “As with past reports, this one is not meant to suggest any given area is about to fall or is immune from problems. Rather, it spotlights locations that look to be more or less able to withstand significant changes in market conditions. We will continue to keep a close watch on markets throughout the country to see how things track.”
The counties with the housing markets most at risk of decline, according to ATTOM, included Cook, Kane, Kendall, McHenry and Will counties in Illinois, while the counties of Essex, Passaic and Sussex featured in New Jersey. A further 13 most at-risk counties were in California: Butte, Contra Costa, El Dorado, Humboldt, Solano, Kern, Kings, Madera, Merced, San Joaquin, Stanislaus, Riverside and San Bernardino counties.
First
Essex, Passaic and Sussex
Nobody wants to live there anyway …..
Real Estate industry is only exists in blue states:New York, New Jersey, Seattle, California, Colorado, etc.
Maga rightwing territories have no real estate demand: Alabama, Arkansas, Oklahoma, South Dakota, etc GOP run estates are most corrupt, poorest.
Sussex County is always a bit erratic because of its locale. Passaic and Essex contain major cities that are ripe for speculation and foreclosure so, there’s that. The suburban areas of all NJ counties primarily north of I-95 and west of the NJT are solid and will not dip in price. If anything, sideways for a few years but that’s highly doubtful.
Real Estate industry is only exists in blue states
Every blue state county in the nation gained red votes. NJ is now a toss-up state, there’s probably a few more. The so-called deplorable, white trash and garbage people have taken out the garbage previously known as the leftist democrat party. Dylan’s lyrics sum up the state of the liberal dem party perfectly:
How does it feel?
To be on your own
With no direction home
A complete unknown
Like a rolling stone?
Fast You are stating to sound like Candy the realtor, with your prices wont go down here line, maybe only sideways at most.
Candy, the house tour guide. lol!! It sounds like she was doing adult movies, previously.
Real Estate P0rn. Which is a real thing.
IMHO this is the best site on the internet- Stealth drones, Black helicopters, gun news, discussion of the healthcare CEO murder, politics, a bit of real estate news, and now Real Estate Porn. If marketed properly this site could be worth a fortune!
So, Luigi Mangione had back surgery that was not paid by insurance?
It checks out.
I wonder how much can be collected for a gofundme for this guy. It will be in the range of an election campaign. And a pardon can easily be bought with Trump. Afterall dept of education was sold for just $800K
Perhaps some chickie already started a gofundme since he’s a good-looking chap. Especially if he wears that new Gravite’ cologne. lol.
Aw, but let the guy go, he didn’t mean it.
Probably the funniest p0rn I’ve ever seen is Japanese news reporter p0rn. As the anchor reads the news, she is either being finger-banged, orally stimulated or simply is given a splooge facial. For the record, I am not aroused by such nonsense, though it definitely tickles my funny bone. The Japanese are the strangest culture.
Let’s make NJ look like Alabama
and the KKK great again
White Trash Eddie says:
December 10, 2024 at 8:53 am
Real Estate industry is only exists in blue states
Every blue state county in the nation gained red votes.
Gov. Greg Abbott pardons Daniel Perry, veteran who killed police brutality protester in 2020
A Travis County jury sentenced Perry to 25 years in prison last year, prompting Abbott to ask the state parole board to review his case.
BY WILLIAM MELHADO
MAY 16, 2024
Rent lord: And a pardon can be bought with Trump?? Seriously, you need to stop viewing everything through the lense of Trump. You make yourself look silly, to say the least. Your man Biden pardoned his son after he said he would not. And what an extensive pardon it is. You seem to be pretty quiet on that, but now blabbering about Trump pardoning the UHC executives killer.
I bet the Adjuster is found not guilty by reason of insanity or it’s a hung jury. He might get found guilty of gun charges in New York. Most likely he will be in more trouble in Pennsylvania for having a ghost gun and fake id. But if the go fund me is successful he could get a dream team to represent him and beat those charges too.
Being screwed by a health insurance company crosses all race, gender, religious and socio economic classes. You just need 1 person on a jury who either they or a loved one got screwed by the system to think eff that ceo.
How modern companies meet work-life balance
https://imgur.com/gallery/sCrf4ml
VSG
Austin is in Travis county. Good luck getting a fair trial there for defending yourself or your property.
3b, calm down. Why are you so mad? Did it bother you that your cult leader was insulted? If so, you need to ask yourself why or see a shrink.
And bringing biden into every conversation is SILLY – the distraction trick worked for the elections. We are past it now.
3b is a loser. I can smell it on em.
Rent: He is not my cult leader as you say. And, I did not vote for him in any of the elections. As for calming down, you should consider that for yourself, due to your constant hysteria with Trump, and bringing him into every topic or discussion. It’s an observation on my part , and I think others would agree. Of course, you are certainly free to continue on as you have been. Peace.
Ex: Loser?? That’s rich coming from the old pot head pushing 60, who has not worked in years, and his supported by his wife. The only thing you smell is the weed you spend most of your days indulging in.
I stated a fact. Someone totally unqualified gave $800,000 towards campaign finances and garnered the dept of education seat. There are legitimate reports of people starting to buy favors from the new admin.
Here’s the money tracker.
https://www.opensecrets.org/trump/trump-properties
If I am obsessed – rightfully so. Everyone should be alarmed.
Rent: I was talking specifically about Trump and the pardon, comment, and yet you don’t seem to have much to say about Biden pardoning his son. Like I said an observation. As for the campaign contribution and the job, well I find it hard that believe the Democrats have not engaged in this same type of activity. As for everyone being alarmed, they should also be alarmed with Nancy Pelosi and her husband’s insider trading. Of course that gets a pass. The Democrats are holy and virtuous, and only do good.
There you go again with the distraction.
Trump and his corruption is next level. I just don’t understand why you defend him so much.
Rent: No distraction, although perhaps you mean deflection. And, I have never defended Trump, so I don’t know where you got that from. You, on the other hand don’t appear able to criticize the Democratic, which is fine. I will leave it at that. You did prove my point though.
3b – you seem confused. Per the usual.
I’ve got a great job and I’ve never been happier.
I think your narrative is off. Much like you.
Ex: Yeah, Ok. You did finally get a job, after years of farting around. Good for you. Finally. No knock off the weed, and stop with the name calling. It makes you childish. As for narratives make sure yours is not in a cloud of pot smoke. Behave yourself.
Tesla near record highs, I’m sure Musk is approaching the half trillion mark in net worth. Amen to him and the right wing funding that comes with it. Guitars, bourbon, race cars. cigars and the American Flag! Toss in apple pie and a black & chrome Silverado 2500 HD and you’re pretty much set.
Essex has some boom/bust urban market areas. Passaic has both urban and suburban boom/bust areas. Sussex 100% boom/bust market. When Bergen loses 15% these areas lose 40% or more.
Rentlord
If you’re going to debate 3b, you’re gonna need a new Strategy
https://youtu.be/LcV0eAgCSgw?si=jBk_EXv9sk6g_IEy
5:32 eat one. Thx
Eddie: you are missing a piece…….
SpaceX has discussed selling shares in a secondary offering that would value the Elon Musk-led company at about $350 billion, with shares priced at $185 each, according to people familiar with the matter. That would be up from the $210 billion valuation SpaceX reached over the summer.
Fast Eddie says:
December 10, 2024 at 5:48 pm
Tesla near record highs, I’m sure Musk is approaching the half trillion mark in net worth. Amen to him and the right wing funding that comes with it. Guitars, bourbon, race cars. cigars and the American Flag! Toss in apple pie and a black & chrome Silverado 2500 HD and you’re pretty much set.
Ex: Typical. Point proven.
What the hell with today’s thread?
6:08
Sorry, I don’t lipsync
Weiner figures there is strength in numbers
https://apnews.com/article/anthony-weiner-nyc-city-council-893bb904e4a82e8aff53fd396805bc88
Chi,
Who invests in SpaceX? Can they actually ever turn a profit? It’s cool stuff and the private sector will always outperform the government, but it seems awfully speculative.
I watched the Schwab forecast today. They agree with me that the tariffs will be a net negative as will exporting immigrants. Of course, they looked at Trump’s promises from last term and think again, he’ll speak loudly and do nearly nothing leaving his economic policies only doing minor damage even with today’s currently stretched valuations. Plus the impact of shutting down immigration will take at least a year to show up in the numbers. Just thought I’d share.
Lib – wtf? It will be a huge IPO. Somewhere around $30 billion revenue in 2025…
Nobody is even close in their sector not even China..
Kind of funny…No ads…
Search Copilot “please list the space x launch schedules for 2025”
https://copilot.microsoft.com/chats/Mqg9k6RQ6EdSw9ksVjqJZ
NO ADS? Won’t last long….
I knoe nothing about it whatsoever. Revenue, though, is not earnings. I’ll take a llok.
“And what an extensive pardon it is.”
3b still with your Hunter Hard On. The extensiveness is simple. Come January, there will be a witch hunt on him. Joe is basically saying, Anything you throw at him from Date X a judge will toss.
“As for the campaign contribution and the job, ”
How about Kim G, Paid by Donnie to babysit Junior, now that he has found a new beau is shipped off to be Ambassador to Greece.
” And, I have never defended Trump”
you haven’t really criticized either, you seem to inhabit that space that leftwing inhabited, that you just hate the Dems more.
“Trump and his corruption is next level.”
Here is the latest, we need a Crypto Strategic Reserve. WTF
https://www.bloomberg.com/opinion/articles/2024-12-09/donald-trump-s-bitcoin-reserve-would-rip-off-taxpayers?embedded-checkout=true
“Who invests in SpaceX? Can they actually ever turn a profit?”
The whole point of DOGE, is that Elon can point to NASA and say it is so inefficient and bad, It needs to change. The funding stays the same, but it gets channeled into Public/ Private partnerships with companies like say SpaceX.
Assets get sold off, who would want to buy Swampland in Florida. We’ll have to sell it cheap.
“Tesla near record highs”
I am never setting foot in one again. Nothing to do with Musk, I just dont feel safe. The Battery Chain Fire on the Palisades was bad enough. Now we have driving off a roof.
https://jalopnik.com/rogue-tesla-hits-other-cars-before-driving-off-rooftop-1851713320
Pink bathrooms, walnut paneling, vintage house but if you want a Wyckoff neighborhood with Hawthorne prices, here it is:
https://www.trulia.com/home/174-emeline-dr-hawthorne-nj-07506-39740664
As a parting gift to the neocons Syria was just partitioned. Nary a word was said. Of course we’ll have to fund the waves of America hating refugees who will inevitably come.
Add more to the drone mystery…..
China spy arrested…
Drones that can fly for over an hour?
https://www.yahoo.com/news/chinese-national-arrested-drone-flown-211337661.html
Thousands of Chinese spies walked right over the border and Biden and mayorkas welcomed them with open arms.
Thousands of Chinese spies walked right over the border and Biden and mayorkas welcomed them with open arms.
It’s shocking. Why did they do this? Why did they let criminals, spies, terr0rists and other nefarious beings enter with ease looking to do damage in many forms. The security of our country was cast aside. The president took an oath to protect and defend. Really? Crimes at the federal level were many by many. The O’Biden administration will go down as one of the worst in modern times and will directly affect all of us.
Seems the legacy automakers are tossing in the towel and cancelling their self driving programs. GM Cruise Robotai cancelled.
Satire?
Juice Box says:
December 10, 2024 at 7:15 am
Essex, Passaic and Sussex
Nobody wants to live there anyway …..
It’s 2024…..most people smoke weed. It is nothing these days….people are quitting alcohol and smoking instead….that’s how normal it is for the generations taking over society.
3b says:
December 10, 2024 at 3:40 pm
Ex: Loser?? That’s rich coming from the old pot head pushing 60, who has not worked in years, and his supported by his wife. The only thing you smell is the weed you spend most of your days indulging in.
My best year of investing to date…..hoping next year is even better!
Who invests in SpaceX? Can they actually ever turn a profit?
I don’t know but what I do know is we can hype it up to a 10 trillion dollar valuation. So there’s a reason to buy it just based off of greater fool theory. If you look at that market, there is an ETF, $DXYZ, invests in a lot of silicon valley startups/scams. It’s like 30% SpaceX on paper. It’s been a juggernaut of a mover in price.
Fab: You are wrong, I have criticized Trump as far back as 2016. Just not obsessed with it. And yes I do dislike the Democrats because of their hypocritical whether it be Trump or anything else. As for criticizing I don’t ever recall you criticizing the Democrats.
Ar best you ignore., like Biden s broad pardon of his son.
I don’t understand TraitorJoe. Fixated on the homeless guy stealing from the garbage can, while there’s a heist going on.
50Cents wants to make a documentary on Luigi.
https://imgur.com/gallery/cdzpzxF
How many seasons can we make off of this story?
Interesting.
https://www.dailymail.co.uk/health/article-14177541/cooking-oils-colon-cancer-young-people-study.html
We use mostly olive and avocado oil. Now have the urge to get some duck fat. An egg or dice potatoes fried in duck fat is pure bliss.
Future headline in paper:
Duck fat, eggs and diced potatoes cause cancer.
😂
MSNBC said Luigi’s actions are Trump’s fault. Hey, don’t ask me for details, they get so convoluted over there it sounds like they’re speaking Cornish.
“If taxes are your problem, New Jersey is not your state.”
“Governor, who is operating those drones?”
“Don’t have a fucking clue.”
What I’ve learned lately is that A LOT of people in the public sector are really bad at their jobs. From teachers to transportation to border security to presidential security detail to the FBI to the current President and VP, horrible. In the private sector, when a division or employee is adding zero value, you’re gone. And yesterday, Murphy didn’t show up to a meeting on this drone stuff because he knew optics would be bad.
Changes are coming overall on January 20th. We need to straighten out the joint.
Be more specific, do you mean Biden pardoning his kid for TEN YEARS of criminality.
Eddie, I just hope the DOGE doesn’t affect you in some unforeseen way. We’ll see I guess.
Eddie, I just hope the DOGE doesn’t affect you in some unforeseen way.
White males are protected. ;)
Ivy leaguer doesn’t mean common sense. Look no further than the latest weaponized psycho. Goes into a McDonald’s wearing the same disguise he used for the hit. Had he been wearing a penn state t shirt and flips flops they wouldn’t have b batted an eye. Left a trail of evidences mile long.
Iranian drones over Jersey?
https://nypost.com/2024/12/11/us-news/mystery-nj-drones-are-coming-from-iranian-mothership-offshore-congressman-claims-these-drones-should-be-shot-down/
Exactly. Wharton doesn’t mean the guy has any common sense. I’m talking about Traitor Trump.
12:31 Trumps appointments are a clown car of incompetence.
The mouth breathing are so stupid. That said, we should shoot one of these down, as the justification is there. They claim they’re super low, can’t you point a shotgun at one of these and spray?
NBC News Reports:
The incoming Trump administration intends to rescind a long-standing policy that has prevented Immigration and Customs Enforcement agents from arresting immigrants at or near so-called sensitive locations, such as houses of worship, schools and hospitals or events like funerals, weddings and public demonstrations without approval from supervisors, according to three sources familiar with the plan.
President-elect Donald Trump plans to rescind the policy as soon as the first day he is in office, the sources — who spoke on the condition of anonymity because they are not authorized to discuss the change publicly — said.
The move would be intended to boost ICE’s authority to arrest migrants across the country, and its speed in doing so, as part of Trump’s plan to carry out what he has said he wants to be the “largest deportation operation in American history.”
The policy preventing agents from making arrests in sensitive locations without approval started in 2011 with a memo sent by then-ICE director John Morton, and continued through the first Trump and Biden administrations. It was meant to allow undocumented immigrants to operate freely in certain public areas with the idea that doing so will ultimately benefit not just them but the larger community.
“Immigration enforcement has always required a balance. In the past, Presidents of both parties have recognized that merely because it may be lawful to make arrests at hospitals and schools doesn’t mean it’s humane or wise public policy,” Lee Gelernt, an attorney with the American Civil Liberties Union, said.
“We don’t want people with contagious diseases too scared to go to the hospital or children going uneducated because of poorly considered deportation policies.”
Under the policy, ICE agents have been allowed to go into the sensitive locations to make arrests under certain conditions including a national security or terror issue, the arrest of a felon considered dangerous, or if there was imminent risk of death or physical harm to a person or property or concern that evidence in a criminal investigation would be destroyed.
Even when those circumstances existed, though, agents had to get approval from superiors in order to plan an arrest in a sensitive location. They could also go in to make an arrest in exigent circumstances when they felt immediate action was required, but needed to consult with superiors after the fact.
During the first Trump administration, there were at least 63 planned and five exigent ICE arrests at or near a sensitive location, according to ICE data covering the period from October 1, 2017, through October 31, 2020.
The idea that Trump might allow ICE agents to arrest anywhere, even inside schools and houses of worship, without the current limitations began circulating in Project 2025, a list of policy proposals distributed by the Heritage Foundation prior to the election.
People seem to be forgetting that DOGE will have no power to actually do anything- they can only make recomendations.
The president has some limited power to change spending, but most of the spending power lies with congress.
And with a razor thin majority in the house, R’s are unlikely to get the major spending cuts that DOGE will likely propose.
Ultimately it will take a mix of spending cuts and tax increases to bring the deficit under control.
Anyone who thinks it can be accomplished only by spending cuts is just not living in the real world.
Re: “bring the deficit under control.”
That ship has long sailed…. Last time we came close was over 20 years ago. Deficit is projeted to only grow as the unfunded liabilities continue to swell.
The only solution is to deport all of the seniors……kick grandpa and grandma out.
Or just let them die. Get rid of SS and Medicare.
Something like 8% of all federal spending is on civilian salaries. Slashing the federal government staff wont even be a rounding error.
https://en.wikipedia.org/wiki/Boomsday_(novel)
Juice Box says:
December 11, 2024 at 2:10 pm
The only solution is to deport all of the seniors……kick grandpa and grandma out.
Covid tried it’s best.
Or you could sell off some of those 800 military bases- and 10 out of those 12 aircraft carriers.
You know, drain the swamp.
If I could be a superhero
I’d be immigration dude
I’d send the foreigners back to their homes
For eating up all of our food
And taking our welfare and best jobs to boot
Like landscaping, dishwashing, picking our fruit
I’d pass a lot of laws to get rid of their brood
‘Cause I’d be immigration dude
HMB
This guy is a cunt.
“very possibly could be?” WTF. Mudslinging while protecting himself legally. Just flush that turd already.
A New Jersey congressman claimed Wednesday that the mystery drones over the Garden State are from Iran, and they’re being launched by a mothership parked off the East Coast.
Rep. Jeff Van Drew, a Republican, said the drones “very possibly could be” from Iran, citing confidential sources during an appearance on Fox News Wednesday morning.
Get rid of SS and Medicare.
DIE BOOMER, DIE!!
Phoenix
I know Iran did build a carrier ship for drones. They converted a cargo ship.
https://www.businessinsider.com/iran-new-drone-carrier-left-home-port-images-2024-12
Donald Trump rode a powerful wave of discontent over the cost of living back to the White House.
Voters, fed up with high prices on everything from groceries to car insurance, have ousted Democrats from power in Washington.
Trump reminded voters often that inflation wasn’t a problem when he was calling the shots. And he has promised to attack high prices by shaking things up.
But if he’s not careful, Trump could have an inflation problem of his own.
Some of the very same campaign promises that appealed to voters – mass deportations and sky-high tariffs – would be inflationary if enacted, perhaps very inflationary.
Not only that, but the bond market is already getting nervous about Trump’s plans to add trillions to the national debt. Bond yields have climbed sharply, a situation that will make it more expensive to get a mortgage or home equity loan and finance the purchase of a car.
“The lesson of this election shouldn’t go unnoticed by Republicans – inflation doesn’t sit well with voters, and they won’t forget,” Ryan Sweet, chief US economist at Oxford Economics, told CNN.
Back to some mundane problems –
Is anyone here familiar with the Boom car law in NJ? I’m not finding conclusive reports on the scope of this law and if it went into effect.
I have a neighbor – actually a 28year old son of a neighbor – who lives with his parents. This guy has a really loud, modified exhausts, lowered, car – a 2 door toyota solara. He revs up the car at 6 am every day. I’m a few houses away – but the noise pierces through my anderson windows and is a nuisance
Any ideas on dealing with this nuisance? I tried writing a letter already. Reporting to the township would be the last resort.