From the WSJ:
This 4-Bedroom Ranch in N.J. Tells You Everything About the Lopsided Housing Market
Two houses went on the market for similar prices at about the same time earlier this year. One got 25 offers. The other got none.
There are many variables that determine demand, from the condition of the house to the price set by the seller. But one factor is having a major impact right now: geography.
The Northeast and Midwest markets have far more prospective buyers than available homes. But parts of the Sunbelt are seeing a flood of houses for sale.
The divergence is playing out in places like Wyckoff, N.J., where a four-bedroom ranch was on the market for just over a week in early February. With dozens of offers, the winning buyers contracted to buy for about $200,000 above the roughly $1.1 million asking price.
But in Miami, a six-bedroom with a grand staircase and pool has sat on the market for nearly two months without a firm offer. The sellers cut the price by $9,000 to $990,000.
“There are very different realities for sellers depending on location,” said Cara Lavender, research manager at John Burns Research and Consulting.
For the past few years, nearly every market was hot and there were few deals to be found. Now, many of the markets that rose the fastest are the ones cooling the most. If that weakness spreads more broadly across the housing market, it could drag on a U.S. economy that has lately been slowing.
…
Liz Ruckdeschel, an agent at Coldwell Banker Realty, figured 539 Covington Place in Wyckoff, N.J., would be a hot property.
Bidding wars in the Northern New Jersey suburb of New York, known for its good schools, are still common, she said. Ranch-style homes like the one she is selling are popular with young families and retirees looking to downsize to a single story.
Selling points included the kitchen island featuring a chunky marble countertop, the decor’s neutral tones and a custom garden. However, the roof is aging and the front steps could use repair.
Seller Kate Fishbein knew she would find a buyer but was surprised by the high level of demand.
“It was overwhelming,” said Fishbein, who expected to get about 10 offers. She and her husband, Jordan Fishbein, bought the home for about $630,000 around 13 years ago. They remodeled and updated the house over the years.
They are under contract for a larger home in the same neighborhood where their bid was chosen over multiple offers.
Trump betrayals of America First so far:
-threatening to primary Thomas Massie (the fiercest critic of nonsense govt spending)
-bombing Yemen
-commiting war crime in Yemen (air strike on civilian apartment building)
-restoring Ukraine funding so quickly after pulling it
-not ordering unredacted jfk files released
-not ordering Epstein files released
First to finger the blog
Playing monopoly with real money
https://apnews.com/article/x-musk-sale-xai-b245f463076ac9b72c41f92160dc77eb
And people like Gary love it.
Elon wants to be Zuck
Hehe. It appears Ukraine would be better off giving itself to Russia than surrendering to the USA.
The entire contract is even worse for Ukraine than what is below. Even Europe might want to buddy buddy up with Russia after it reads that contract.
America has turned feral and rabid.
The new draft deal, one senior official said, looks like “Ukraine was in the war with U.S., lost, [was] captured and now has to pay lifetime reparations.” The official spoke on the condition of anonymity because of the sensitivity of the issue.
The new document does not include any security guarantees and considers all U.S. support to Ukraine during the war thus far as debt to be paid back with interest from the proceeds of the deal. It also gives the U.S. the “right of first offer” on all investments related to energy and minerals, effectively allowing U.S. control.
The senior official said the draft raises major concerns for Ukraine, since it reclassifies past U.S. grants as loans to be repaid. Washington is also requesting “50 percent from all new and existing revenue sources without U.S. contribution at all.”
America offers Myanmar rescue and medical help due to the earthquake.
In return, it wants all mineral rights and 100 percent of it’s GDP for the next century.
Haha, no, i’m kidding, but it does sound like something America would do now.
More accurate would be to offer help first, with no strings attached. THEN to go back at a later date and demand that egregious repayment. You know what, f*ck them, they didn’t even say thank you.
8:40, thisnis by design. Exactly what Putin wanted Trump to accomplish. Employee of the year award goes to Trump.
The “sale” of Twitter to xAI is more strategic than one can imagine.
Lutnick just told Chamat and co that he wants new software to run the govt and ditch all the existing contracts. And the way to do it is get “free” (wink wink) software from xAI.
All our govt information – social security, business info, etc. now belongs xAI to pillage with AI. Fuck governance.
Facebook = Llama
X = Grok
Google Search = Gemini
The move was to structure identically to two other major competitors, consolidating a user base build on top of massive database alongside the AI capabilities that can tap into BOTH.
Though I’d argue it’s use base at this point, and not data. The data required for any of these models far exceeds (magnitudes greater) what are available in these networks.
March 28, 2025
Federal judges dealt twin blows to President Trump’s retaliation campaign on Friday by issuing temporary restraining orders blocking much of his executive orders targeting two major law firms that participated in investigations of him, Jenner & Block and WilmerHale.
The rulings barred the administration from carrying out punishments described in the executive orders, like banning their lawyers from government buildings, meetings, or jobs.
Mr. Trump went after Jenner & Block because the firm once employed a lawyer who became part of the special counsel team that investigated Mr. Trump in his first term. But Judge John Bates of Federal District Court in the District of Columbia took issue with Mr. Trump’s order because it also punished the firm for its pro bono work, a common feature of many large law firms to provide legal representation to unpopular or poor clients.
Judge Bates said he found that action “disturbing” and “troubling.”
Boomer you did this ^^^^^^^^^^^
Also why Perplexity wants to buy TikTok.
Git repos are getting overwhelmed with ai crawlers. One guy try to block them with little success, as these ai based crawlers are now masquerading more than just user agents – on the fly, and even masking ip addresses.
https://arstechnica.com/ai/2025/03/devs-say-ai-crawlers-dominate-traffic-forcing-blocks-on-entire-countries/
Coup in progress. Hard hats only.
Musk to rewrite Social Security codebase. Nothing wrong with it… right? RiGhT?
https://www.wired.com/story/doge-rebuild-social-security-administration-cobol-benefits/
The thing to watch out vis a vis northern NJ real estate’s fading strength vs other boom/bust areas gone strength is the performance in the next few months of what makes NJ’s real estate stronger and that is the very large based of ethnic/immigrant driven small business entrepreneurs.
My daily observation is that changes caused by Amazon and other tech retail and delivery apps have killed off a large area of retail that many ethnic/immigrant entrepreneurs went into. Leaving only a few safe spaces for entrepreneurs to attempt a business opportunity. Those areas are now over served. I always joke about Fort Lee and the Korean chicken joints and massage parlors.
The thing to watch for in those over served areas is failing businesses that previously were making money but can’t survive in the Trumpression. And how soon that damaged shows up in residential high/middle end real estate.
My hunch is by late summer is damn will have burst and is circa 2009 again.
Agreed Actually – Every economist is waiting for data to gather on the 100 day mark of Trumpression.
I thought Zuck wanted to be Elon?
https://www.theatlantic.com/technology/archive/2025/01/mark-zuckerberg-wants-be-elon-musk/681248/
Protestors in NYC Today outside Manhattan Tesla Showroom are holding up a large sign.
“”Burn a Tesla, Save Democracy”
Off to Jail I say, this isn’t free speech.
Joke of the Day (FabMax Edition):
https://www.tiktok.com/@simoniiik/video/7486975022439992598C
https://www.tiktok.com/@simoniiik/video/7486975022439992598
An enforced disappearance (or forced disappearance) is the secret abduction or imprisonment of a person with the support or acquiescence of a state followed by a refusal to acknowledge the person’s fate or whereabouts with the intent of placing the victim outside the protection of the law.
Enforced disappearance was first recognized as a human rights issue in the 1970s as a result of its use by military dictatorships in Latin America during the Dirty War. However, it has occurred all over the world.
According to the Rome Statute of the International Criminal Court, which came into force on July 1, 2002, when committed as part of a widespread or systematic attack directed at any civilian population, enforced disappearance qualifies as a crime against humanity, not subject to a statute of limitations, in international criminal law. On December 20, 2006, the United Nations General Assembly adopted the International Convention for the Protection of All Persons from Enforced Disappearance.
2:27, I agree we should hold incendiary remarks liable. Let’s just start with the top.
Zuck wants to be Bezos the way he’s pumping steroids and HGH into his body
Flip done and closed. We didn’t do a damn thing.
8 months, 43% return.
Was not comfortable holding past spring.
If I call you a pedo is that free speech?
Just need to know where the boundaries are.
Or if I say you might be one, is that okay? Cause then it’s just my opinion, not necessarily a fact.
Laws are funny things….
Juice Box says:
March 29, 2025 at 2:27 pm
Protestors in NYC Today outside Manhattan Tesla Showroom are holding up a large sign.
“”Burn a Tesla, Save Democracy”
Off to Jail I say, this isn’t free speech.
Grim says:
March 29, 2025 at 4:41 pm
Flip done and closed. We didn’t do a damn thing.
Sure you did.
Took money from someone else’s pocket and put it in yours.
Question is could they have afforded to lose it as much as you needed to gain it?
Young couple starting out? Broke as fucc, now in even more debt?
Boomer does that all the time, takes a Viagra, and rubs one off on the deck of the cruise ship under a towel.
Always wondered how a used car dealer could sell an overpriced unsafe piece of junk they know is bad to some single mom who had a man that dipped on her and the kid leaving her broke.
I guess it’s capitalism. I guess if people can put humans in concentration camps, car dealers ripping people off is minor in comparison.
Just a lower level of immorality.
Very Dark Phoenix….very dark
4:54, If Grim did not disclose something he should have, then maybe what you say holds water. But otherwise, it’s just business.
Congrats Grim. Good timing I would say.
Phoenix – Asked the AI…
• The First Amendment does not protect violent or unlawful conduct, even if the person engaging in it intends to express an idea. United States v. O’Brien, 391 U.S. 367, 376 (1968).
• The First Amendment does not protect speech that incites imminent violence or lawlessness. Brandenburg v. Ohio, 395 U.S. 444, 447 (1969).
It is a felony under federal law to intentionally “solicit, command, induce, or otherwise endeavor to persuade” another person to engage in a crime of violence against a person or property. 18 U.S.C. § 373.
Many states have their own laws as well.
RL,
I was always thinking it was just business. I don’t think Grim is evil.
But even “just business” isn’t the greatest thing.
On the low end, I get it. People are just trying to survive.
But for the ultra wealthy, way over Grim’s income, it starts being real dirty.
Juice,
But if I call you that, you have to prove harm and financial loss. No one fired you, no money gone, it’s a civil crime, not a criminal one.
At least that was told to me by attorneys.
I guess it matters who you are, what money you have, what you have lost. One has to prove damages.
Free speech is a legal nightmare.
Phoenix -name calling is fine….violence is not…inciting violence isn’t either…
Either way free speech is expensive for sure?
Why did they not nail Trump for Jan 6th anyway? Same reason why some lawyers are kissing the ring today and bending the knee. Lawfare is expensive, Trump has executive power and is now using it..
Trump tried to implode one or two law firms this week with Executive orders..
Jenner & Block and WilmerHale.
Others like Skadden Arps decided to bend the knee, the hourly billing down in Washingon DC is just not worth the fight for “free speech”…
https://www.npr.org/2025/03/28/g-s1-56890/law-firms-sue-trump
Could have sold it for more, I sold it private party to a family member of the neighbor. No agent so we both saved on the deal, above and beyond the price.
Honestly, it was a win-win all around.
Cancel Culture. This time by the guardians of free speech the reporters……White House correspondents dinner. Amber Ruffin a comedian cancelled by the board..
left money on the table and sold to a family member of the neighbor and no realtor? What are you doing you communist!
Congrats Grim. Just lets don’t go all crazy now and sign a deal with HGTV for a show..”Dream homes of Passaic County New Jersey”….. You might have to shave your chest, do Botox and drive an Escalade.
Grim – Yup Silicon Valley is back with insane valuations.
Perplexity $18 Billion valuation and still not 100 million in revenue?
How are they going to buy TikTok?
New Florida Child Labor Laws. You ain’t got no Mexicans to beat so shackle up a few of the poor kiddies, don’t edumakate them, you need to keep them dumb and working for you down in Flo-Rida’s Villages where the old goats have money and syphilis.
While there are minor wording differences in the two bills, both SB 918 and HB 1225 would allow employers to schedule all 16- and 17-year-olds, along with 14- and 15-year-olds who graduated high school or are home- or virtual-schooled, for unlimited hours, any time day or night, seven days per week, and without breaks.
Juice,
Oracle already has a deal to buy Tiktok. Ellison dined with Trump and threw a few bucks at his cheap face. The “Family” was gonna buy it, but Ellison negotiated a deal.
https://www.politico.com/news/2025/03/21/trumps-tiktok-oracle-deal-could-break-the-law-but-nobody-can-stop-him-00242107
Rent…..Try to keep up, it’s all about where the Advertising revenue goes… TikTok after the failed sale five years ago to a Walmart/Oracle co-ownership moved all of it’s data to Oracle Cloud in 2022 away from Google. Google’s biggest customer, now became Oracle’s biggest customer. This was to try and stave off the legislation forcing TikTok to divest from Chinese ownership or face a ban in the USA. TikTok is not even available in mainland China.
TikTok is routing 100% of USA user traffic to Oracle Cloud Infrastructure in Texas. It’s already Americans, in America running this TikTok…The data does not leave Oracle.
This is about social media control and advertising dollars. There is no security risk here…Tiktok US Revenue estimated to be about 18.5 billion last year with 135 million users in the USA. Facebook? Their reach is much larger..Don’t have the USA stats but it 2 Billion users globally and 164 Billion in revenue.
Maybe they can take a bigger chunk of Facebook’s advertising revenue or maybe not. It’s a gamble players with deep pockets don’t seem willing to take. That would be Microsoft Elon or Walmart. Even 80 year old Larry Ellison does not necessarily have the big money backers to pay for it. The deadline to sell or shutdown is approaching again Trump will probably punt it again even without legislation to do so.
This Oracle?
March 28 (Reuters) – The Federal Bureau of Investigation (FBI) is probing the cyberattack at Oracle (ORCL.N), opens new tab that has led to the theft of patient data, Bloomberg News reported on Friday, citing a person familiar with the matter.
Earlier this month, Oracle alerted some healthcare customers that sometime after January 22, hackers accessed its servers and copied patient data to an outside location, the report said, adding that the hack was aimed at extorting multiple medical providers in the United States.
Wife thief, father cop, son MAGA
https://www.dailymail.co.uk/news/article-14550203/Cops-wife-accused-stealing-150K-Pittsburgh-youth-softball-league-spending-money-Sephora.html
Juice, thanks for putting the effort to generate an ai generated response. Totally useless!
What you said has nothing to do what I said, which is Trumps threat to Tiktok to either dismantle or sell – to his favorites. His favorite right now is Ellison.
Now this is funny
https://www.youtube.com/watch?v=hLtI9mvgSro
So who is shorting the market on Wednesday? I may put on an triple short.
Everyone ready to drive an unreliable POS?
This is MAGA!
Hahaha “unreliable” POS! That’s my M O ~
Rent- No AI used…. Ellison can’t pull of the deal hence the need for another deadline extension.
Here is why….
Zhang Yiming says he is worth 57 Billion based upon he 21% stake in TikTok, that makes it something like a 300 Billion valuation mainly due to their own ByteDance’s stock repurchase program @ 180 a share…Way overpaying ofcourse. This is more silicon valley nonsense…way way overvalued because those on the other side of the table? Sequoia, General Atlantic and Tiger Management etc.
Perplexity AI only proposed a Merger…There is no way Mr. Beast can raise that kind of money either. Microsoft is disinterested. Walmart? No idea…News says offers are of much much lower.. supposedly only $20 Billion…Again valuations for US Operations are anywhere from $20 Billion to $40 Billion to $60 Billion to $225 Billion. Some others even say the US company is worth Zero..
Again how much is this thing really worth? How are you going to borrow money from investors when it seems impossible to put a price on it?
Yeah Jersey was very good to me.
For you Jersey: https://youtu.be/EXuK9zEtgG4?si=AM_hp6TGviYYQ9kk
Well, valuation (of the US market) is nothing if TT is banned from all app stores.
Meanwhile Reddit lost over 50% market value this year. While overvalued to begin with, the drop is unfair.
Purchased some metal garden bed stuff two weeks ago. The wood beds would have totally blown my allocated budget.
Same product today from the same store is 30% more.
I wonder what it would be after “Liberation Day”.
Liberation from choice day.
Are we Great yet?
Seems awfully shitty.
Gave in to my craving and had a burger, small drink and liberation fries a couple of days ago: $19.50
Will check again on my next craving.
At Five Guys
Boomer getting sued.
https://abcnews.go.com/US/man-strikes-tesla-counter-protester-vehicle-idaho-police/story?id=120308032
Pay some Chinese Kid 50 bucks to hack it. If it’s like any other commercially produced software it will be easily hacked by a Chinese or Russian teenager. Or just trick Hegseth into a chat session.
https://phys.org/news/2025-03-power-uk-nuclear-subs-posing.html
4:35, the tesla driver will get pardoned. Heck, he may get a medal of honor.
Didn’t you know republikans love property over human life.
UPDATED SUN, MAR 30 2025
6:24 PM EDT
Stock futures slip as a jittery Wall Street awaits ‘Liberation Day’: Live updates
Lisa Kailai Han
I don’t understand… does the street not know what’s coming on April 2nd? They think we may announce more tariffs than what has been forecast?
NASDAQ-100 futures down 1.25%
8:06 – nobody knows what Liberation looks like apparently. Gawd, if I was MAGA, I would die of embarrassment!
April 2 is when you will be liberated from your money.