From NJ1015:
This county had the sharpest increase in foreclosures in NJ
If you’ve been following the housing market in New Jersey, you already know it’s been a bit of a rollercoaster. Between rising interest rates, high home prices, and economic uncertainty, it’s been tough out there for both buyers and homeowners.
But it’s been a long time since we’ve heard about rising foreclosures. It’s almost as though foreclosures disappeared when interest rates were low. After all, those monthly payments with three or four percent interest were very affordable!
But foreclosures are back, and one county, in particular, is really feeling the pinch right now. And the latest numbers prove it.
According to a new report from PropertyShark, Monmouth County just saw the sharpest increase in foreclosures in the entire state. Foreclosures in Monmouth more than doubled compared to this time last year (a 105% year-over-year spike), making it the most active foreclosure spot in New Jersey so far this year.
Now, not all the news is bad. Sussex County had the biggest drop in foreclosures (down 56%), and counties like Morris and Middlesex also saw a pretty big decline. Hudson and Hunterdon counties didn’t budge much at all and stayed flat.
Eat me
Monmouth County is one of the most desirable in the state – exclusive beachfront to equestrian competition to fabulous restaurants. I won’t assume the reasons for an uptick in foreclosures, I’ll let you experts pine in.
In Denver today. Athens was a nice trip, though only being in Greece for one full day is for sure a challenge. We did manage spend a few hours in the city center and walk up to the acropolis in the evening. Think I’ve spent more time in planes in the last two weeks than off them.
Monmouth is so wealthy and fabulous they can’t be bothered wasting the time to make mortgage payments. Who cares, they’ll just buy something bigger and better.
Stax X9000 update – these headphones sound great!
Grim what headphones do you use on flights?
I use Etymotic hf5 or similar. Ultralight, take no space, physically noise reducing, and double as earplugs.
Karoline Leavitt gets trolled as she is wearing a Chinese made dress during a press conference.
So many women today have no class. Either they are freaks like her, wear no clothing and look like tramps, have wardrobe malfunctions, or bang Elon Musk for money.
I just smear Grey Poupon on my AirPod 2’s. Creates a seal which increases the bass response by over 4 dB, and the THD also improves.
The ladies always ask what cologne I am wearing. They love it.
No One says:
April 17, 2025 at 8:15 am
Stax X9000 update – these headphones sound great!
Grim what headphones do you use on flights?
I use Etymotic hf5 or similar. Ultralight, take no space, physically noise reducing, and double as earplugs.
Sounds like a great offer. You will make some guy a very lucky fella.
NorX says:
April 17, 2025 at 6:57 am
Eat me
I’ve lived in various towns Bergen, Middlesex, Ocean, Monmouth, Mercer County. Worked in Morris, Somerset. I think Morris County and Monmouth County are the two most desirable areas. Monmouth has nicer weather and less traffic (although that’s changing).
I have a feeling Monmouth is overbought. I swear, everyone in my neighborhood owns a beach house.
I thought all homes in Monmouth County were bought with laundered cash.
BRT,
Kudos on the teaching accolades mentioned yesterday! You’re to be commended for your skill and effort!
Is this all you get for your money? ;)
https://www.trulia.com/home/221-howell-ave-spring-lake-nj-07762-39371824
Oofa!
https://www.trulia.com/home/1805-ocean-ave-spring-lake-nj-07762-39371321?mid=25#lil-mediaTab
Eddie,
Those look like Saltburn houses that have drinking fountains with piped in bathwater.
Calgon. Ancient Chinese secret. Shhhhhh.
NJCoast says:
April 17, 2025 at 8:35 am
I thought all homes in Monmouth County were bought with laundered cash.
Well, at least we now know where Tish James got the inspiration from to prosecute Trump for mortgage fraud by falsifying records to get favorable property loans. On the bright side at least she agrees no one is above the law. Seems Tish might be in line for a federal criminal prosecution. That is some serious business right there.
Is Billy Boy related to “Pulte homes?” Now that would be interesting, but expected.
New York Attorney General Letitia James has been referred for federal criminal prosecution for alleged mortgage fraud related to a Virginia home and a New York property.
William Pulte, director of the Federal Housing Finance Agency (FHFA), wrote a letter obtained by CBS News New York to U.S. Attorney General Pam Bondi alleging that James “has, in multiple instances, falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms.”
Did the legwork. Isn’t this cute.
On January 16, 2025, President-elect Donald Trump announced that he intended to nominate Pulte’s grandson, Bill Pulte, to serve as the next director of the Federal Housing Finance Agency.[9][10]
True dat
NJCoast says:
April 17, 2025 at 8:35 am
I thought all homes in Monmouth County were bought with laundered cash.
Tish James… Lolololol!
Drive-by curb p0rn:
https://www.trulia.com/home/17-queen-ann-dr-deal-nj-07723-92366789
Money turns him on.
A Rockland man was caught masturbating twice at the Upper Saddle River Public Library in the past three weeks, said authorities who suspect he’s also done so at similar locations elsewhere.
You’re five houses from the beach with a “3” handle:
https://www.trulia.com/home/21-pineview-ave-keansburg-nj-07734-39277775
BRT is based. Anyone who has followed his posts over the years would know that.
Old school teacher who values intelligence and merit.
And farmer/canner/foodie.
I need to treat him to lunch this summer at a destination of his choice and finally meet him.
Phoenix can have the $11 airpod clones from Temu dipped in soy sauce not Grey Poupon.
“after I finally connected them to my iPhone, they sounded muffled. The song Us by Gracie Abrams and Taylor Swift sound like the singers are underwater or on another planet.”
https://www.cnet.com/tech/features/i-saved-1260-buying-tech-dupes-on-temu-the-shoddy-gear-wasnt-worth-the-discount/
(BTW, none of the people driving Bentleys/Rolls around my town seem to favor Grey Poupon over Gulden’s as a direct condiment. I’d only use a dijon for cooking or in a vinaigrette dressing personally, not on a sandwich or hot dog).
Fast Eddie,
That place sold for $31,000 12 years ago! Ten-bagger?
Wonder how much people had to spend on fixing it up.
It’s a basic place to sleep and survive between trips to the beach I guess.
Do people like that kind of thing?
No One
That influencer’s vocal fry is like nails on a chalkboard. And her 600 dollar Dyson hair thingy ain’t doing her no favors. Wonder which guy bought that for her hoping he would get some.
Everything is new so you don’t see the watermarks. It is not even the slightest bit off the ground. Completely flush. I wonder if it was to the studs after Sandy. The reason it was bought for $31K
Fast Eddie says:
April 17, 2025 at 9:19 am
You’re five houses from the beach with a “3” handle:
https://www.trulia.com/home/21-pineview-ave-keansburg-nj-07734-39277775
Unfortunately, monmouth will be destroyed with overdevelopment. SMH.
F the affordable housing law. It’s a joke.
The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!
I dunno. Donnie seems to be determined.
The father of my cousins recently passed away. But he was a carpenter. In his retirement, he bought a destroyed home in LBI and built a nice one for himself from scratch. He also bought another destroyed tiny home around the corner and built a 2 family out of it. He rented one out and the other he used as a home that his kids could bring the grandkids over for the week in the summer.
Zillow Turns “bearish” on the RE market in 2025
Ah Yes! So May 7th our manse hits the market…..replaced the pool heater…$5k….new Dishwasher $900 …..and $5600 worth of paint work to refresh the walls in neutral tones after 8 years. We’ll recoup it with the sale and some is an allowance from the reloc package. Decluttering….donating some furniture. Sold an old dining room table and chairs on FB marketplace. Yessssir
Eggs at $3 per dozen and gas under $2.60 per gallon now.
https://tradingeconomics.com/commodity/eggs-us
Trump was right again.
Libturd,
Trump Media up 13% today!
Did you buy at the dip?
Pffffft ur the dip, bro
Powell: I intend to serve the full term that President Trump appointmented me to.
damn. FSU……
Trump playing with fire.
Trump is right about China. China is run by gangsters. Nothing more, nothing less. That’s why they rely on schemes like counterfeiting and IP theft to grow their economy….gangster mindset.
Point is, trump is in a tough spot. Tariffs are the only way to get the world to cut off china, but if economy implodes, they will want to impeach trump. China gets off the hook then….and i really do believe this is what it’s all about. Stopping China before it’s too late.
Tariffs are the only way to get the world to cut off china
Tariffs might have worked if it was US+EU+Japan+S. Korea+Canada+Australia+ …
But now that Trump has given all our allies a big “FU”, they will be probably be looking to make their own deals- without us.
Trump’s capacity to screw things up is limitless.
OC1: Agreed, that would have been the correct strategy to pursue.
“Found Phoenix”
Florida State University suspect identified as cop’s son Phoenix Ikner, 20, after two dead & 5 hurt in campus rampage
Eddie, regarding 5 house from the beach in Keansburg. No one thinks raritan bay is the beach. At best its like 1981 Coney Island with a little less glass and needles.
Nor X Wow, I wonder what the back story on that is?
April 17, 2025
Updated 6:55 p.m. ET
Senator Lisa Murkowski, the moderate Alaska Republican who has routinely broken with her party to criticize President Trump, has made a startling admission about the reality of serving in public office at a time when an unbound leader in the Oval Office is bent on retribution against his political foes.
“We are all afraid,” Ms. Murkowski said, speaking at a conference in Anchorage on Monday. After pausing for about five seconds, she acknowledged: “It’s quite a statement. But we are in a time and a place where I certainly have not been here before. I’ll tell you, I’m oftentimes very anxious myself about using my voice, because retaliation is real. And that’s not right.”
Trump is considering Jim Cramer to replace Jerome Powell as Fed Chair
For sure: https://youtu.be/gu31VyXlTzo?si=YH0u4cc8lFwGbR6G
Can someone please tell the asshat in chief that everyone on TV is acting, including himself.
Gary, I guarantee you, someone purchased a lot of for through DJT the last two days.