From Newsweek:
Phoenix Housing Market Faces ‘Mass Sell-off’ as Home Values Plunge
After the dust settled on the pandemic buying frenzy, which massively inflated home prices in the city, property values in Phoenix are collapsing.
Real estate analyst Nick Gerli, the CEO of Reventure App, warned of a potential incoming crash, as home prices are down 6.9 percent from their peak in June 2022.
“This market is trending down, and trending down fast,” Gerli said in a recent YouTube video.
Newsweek contacted Phoenix Realtors for comment by email on Thursday outside standard office hours.
…
According to Reventure data, home values in the Phoenix metropolitan area were down 1.3 percent in March compared to a year earlier and 0.46 percent from February. They were also down 7.4 percent from their June 2022 peak ($452,466 versus $491,960).
“Phoenix is already starting to experience a housing market correction,” Gerli said in the YouTube video. “However, this correction is going to accelerate over the next 12 months due to a massive pileup of inventory and supply on the market that is now causing sellers to freak out.”
There are 18,701 homes for sale in the Phoenix-Mesa-Chandler metro area, Reventure data shows—the highest inventory since 2017. This massive growth in supply means there is a sell-off of homes in the city, Gerli said.
“The data is clear. The market in Phoenix is declining, and it’s actually going to get a lot more affordable for you as a buyer, which is the good news here. A declining housing market is going to be bad for some people,” Gerli said, adding, “But it’s going to be good for other people, particularly homebuyers who have been saving up over the last five years.”
1
BREAKING:
Labor wins government in Australia. Conservatives are losing everywhere. People around the world have seen what Trump and MAGA are doing to America and want nothing to do with right wing bullshit.
Same in Canada
Phoenix and Las Vegas always seem to be the bellwethers for things to come. The NJ/NY/CT area hardly dips through the cycle. Townhouses and condos perhaps but otherwise, not much. If I had a horse in the Kentucky Derby, I’d name it “Million Dollar Cape.”
“President Trump’s tariffs became very real for importers last month as the government collected more than $17.4 billion in “Customs and Certain Excise Taxes” during April.
All told, the duties have deposited more than $70 billion into government coffers since Jan. 20th.
“As Billions of Dollars pour in from Tariffs … we’re only in a transition stage,” Trump said on Truth Social Friday.
He could be right. April’s data will perhaps provide only a glimpse of what’s coming. The biggest tariffs — 10% duties on nearly every country in the world — took effect on April 5, with plenty of additional tariffs promised for the months ahead.”
VSG,
I’m happy for you. Finding solace, even from strangers, is better than nothing. I have a little extra Chex Mix if you need some.
Marco Rubio threw a temper tantrum after a German intelligence agency classified a far-right organization as “extremist.”
Germany’s domestic intelligence agency labeled the Alternative for Germany (AfD) party as a “proven right-wing extremist organization.” The party’s platform is based on anti-immigrant ideology. Several AfD leaders have repeated Nazi slogans and threatened to deport German citizens of non-ethnic-German heritage.
far-right Alternative for Germany AfD party as an “extremist entity that threatens democracy”.
This is the pro-Russian party that many Americans and foreign influencers on the right were pushing this last election.
Imagine no covid pandemic or trade war….roaring 20’s 2.0 indeed.
“America’s economy is showing remarkable resilience in the face of enormous pressure, but trade turmoil is threatening that strong foundation.”
BREAKING!
Warren Buffett moments ago at the 2025 Berkshire Hathaway annual shareholder meeting just came out against Trump’s Tariffs in a major way:
“There is no question that trade can be an act of war. It has led to bad things — the attitudes that it has brought out. In the United States, we should be looking to trade with the rest of the world. And we should do what we do best and they should do what they do best. That’s what we did originally. We were good at producing tobacco and cotton 250 years ago and we traded it. We want a prosperous world but eight countries with nuclear weapons, including a few that I would call quite unstable, I do not think it’s a great idea where a few countries say ‘hahaha we won,” and other countries are envious.”
“Once you get the house’s money, you pinch every penny”
Eddie 8:44, I know you wouldn’t go with the favorite Journalism!
“Real estate is so much harder than securities” – Warren Buffet
https://www.youtube.com/watch?v=5LivratmGKA
It’s probably obvious, but when the oracle of Omaha says it, it makes so much more sense.
To add to VSG’s comment, and I have said this before as well, perhaps not so eloquently –
“ the United States, we’ve won. We’ve become an incredibly important country, starting from nothing 250 years ago. There’s nothing that’s anything like it. And it’s a big mistake, in my view, when you have 7.5 billion people that don’t like you very well and 300 million that are crowing in some way about how well they’ve done. I don’t think it’s right, and I don’t think it’s wise.” – Warren Buffet
This has just proven itself in Australia and Canada.
MAGA is too stupid to understand economics 101
Mmm, how much he payed her for the entertainment?
Truth about Bill Belichick and Jordon Hudson’s mile-high meet-up that she doesn’t want you to know
AirForceVetPoPo gets shot down with a hard on. Hehe.
Baby at home. Wait till that kid grows up and reads about daddy’s accomplishments.
Wife put out at least once. Quick do a DNA test on that kid.
Air Force Vet, NJ Cop Had Erection While Following Girls Around In Stores: Prosecutor
A New Jersey police officer with military service and academic honors has been arrested for allegedly following young girls around stores in while visibly aroused, authorities said.
Piscataway Officer Wesley Kliwinski, 37, of Hamilton, was taken into custody on May 1, 2025, and charged with third-degree endangering the welfare of a child by engaging in sexual conduct, fourth-degree criminal sexual contact, and harassment, according to Middlesex County Prosecutor Yolanda Ciccone and South Plainfield Police Chief Peter Papa.
The investigation began a day earlier, on Tuesday, April 30, when officials were alerted to reports of a man “following young females, including a child, around a store in South Plainfield, with a clearly visible erection.” Prosecutors said some of the behavior was caught on surveillance footage and later linked Kliwinski to a second incident at another store.
Kliwinski’s Facebook profile shows he has a new baby at home.
Dark Phoenix,
This one is for you:
https://www.youtube.com/watch?v=kgFV9nRUQ60
Eddie
That’s awesome.
For phoenix
https://youtube.com/shorts/jqsMt0JRxKQ?si=j3F6aep7qXqCDU-g
HMB,
Love it. Haha.
I’m not a smart man, but I have learned.
TY for the humor.
Oh, and this headline is off, they don’t have a soul. Happy Sunday
Before a new pope, a tug-of-war for the soul of the Catholic Church
As cardinals prepare for the largest papal conclave in history, battle lines are being drawn over the direction of the church.
A different view, and a comment from one of the posters that is pure gold:
100%. That day America lost and Al-Qaeda won and accomplished it’s objectives 10x over. America may have inflicted a lot of damage in the Middle East but it completely changed the trajectory of our society as well and created an atmosphere of constant fear and tension.
And here we are today in 2025 and it’s a fucking mess.
https://www.reddit.com/r/CrazyFuckingVideos/comments/1ke77tn/911_as_flight_11_the_first_plane_hits_the_north/
Best documentary on the day the United States of America was dealt a fatal blow.
https://www.youtube.com/watch?v=_Iw-1bOQNIA
Pope Donald I? Trump’s AI Image As Holy Father Sparks Catholic Outrage
Pope Donald The First?
Weren’t they outraged by the diddling going on there?
I guess an Orange Popesicle is just as revolting.
Khalid Sheikh Mohammed. Gave America a ramming with his Syphilis Dick right up the ol’ keester. It’s brain is now infected with the spirochete and is foaming at the mouth like a rabid dog.
Give the greaser some credit, he socially engineered the end of the USA.
It will never be the same.
The best part of waking up is Folger’s in your butt. Kinky or krazy?
https://www.reddit.com/r/interestingasfuck/comments/1ke8r5f/woman_is_addicted_to_coffee_enema/
No inflation on mulch…. Just ordered 125 bags on sale @ $2 a bag on sale from Lowes.
Juice,
Delivered to you?
Juice Box says:
May 4, 2025 at 9:22 am
No inflation on mulch…. Just ordered 125 bags on sale @ $2 a bag on sale from Lowes.
But before you could get the Lowe’s out front Mexican for a low price.
Inflation is on the labor.
Love those guys, they work so hard. If they only got paid enough to be able to afford an American princess.
It’s all about popular
It’s not about aptitude
It’s the way you’re viewed
So it’s very shrewd to be
Very very popular
Like me!
Whenever I see someone less fortunate than I
And let’s face it, who isn’t less fortunate than I?
My tender heart tends to start to bleed
And when someone needs a makeover
I simply have to take over!
I know, I know exactly what they need!
And even in your case
Though it’s the toughest case I’ve yet to face
Don’t worry, I’m determined to succeed!
Follow my lead
And yes indeed, you will be
Popular!
You’re gonna be popular!
I’ll teach you the proper ploys
When you talk to boys
Little ways to flirt and flounce
Ooh!
I’ll show you what shoes to wear!
How to fix your hair!
Everything that really counts to be
NJReReport needs a new city. What should we name it? DarkStar?
After all, we have the same rights, right?
RentL0rd says:
May 4, 2025 at 9:47 am
NJReReport needs a new city. What should we name it? DarkStar?
After all, we have the same rights, right?
Trump says, ‘I don’t know,’ when asked if he’s required to uphold Constitution
Do you have any rights any more in Amerikkka? Trump doesn’t know, and he is the big Kahuna, the big cheese, the top dog, the fearless leader, the one who knows everything, everything!!
And elon is also floating another city – similar to the compound where he keeps his harem of women.
And I thought orange man was the cult leader.
Matthew 28:5–6
“And the angel answered and said unto the women, Fear not ye: for I know that ye seek Jesus, which was crucified. He is not here: for he is risen, as he said. Come, see the place where the Lord lay. A coffee enema is the simple man’s cocaine.”
RL
With the money Elon has got he can repopulate the earth singlehandedly.
Women will hit that just for the bucks. He has a very green penis.
Green is wavelength of color that is most senstive to the eye. Lock on and hook up.
Won’t be no jealousy amongst these women either.
In a few years you will see where they get together and swap stories about how much they gained financially by hooking up with Senior Musk.
Might even have a talk show called Musk’s women where they sit around driking mimosas and wine, discussing xLmez adn vDxlz’s accomplishments in grade school.
Ed delivery of the bagged mulch is $79.00. I normally would make four or five trips with my SUV and hump it myself into the SUV and out of the SUV into the beds but this year I am behind on my outdoor work so I figured I would save myself some trouble. 125 bags is around 9.25 yds. I can get it delivered unbagged a dumped in my driveway but the quality is not as good, bagged is usually cedar which lasts longer than the mish mosh of trees used by the local landscape supply.
Dark, Don’t give him ideas he does not already have. Having as many offspring as possible is the ultimate egomaniac orgasm.
Starbase is a new town…not nearly a city.
https://www.nbcnews.com/science/space/welcome-starbase-population-283-rcna204214
DP, you got to watch BigLove to understand the “PG” version of Elon’s compound. Although that wouldn’t be fair to Bill Henrickson’s character.
Juice – sorry town not city. I think Grim has more readership than the population of starbase. Do we get to choose the name or is that only up to our leader Grim?
New cities, new towns, new technologies, ground-breaking policy… as I’ve said, conservatism is progressivism with applied logic and common sense.
White, Promiscuity is as old the cave man. Just because an unstable rich guy from a broken family discovered it does not make it “progressivism”
A number of chores to do today. I’ll leave you with a list of ideas and policies the new democrats are proposing going forward:
Fast Eddie says:
May 4, 2025 at 10:44 am
A number of chores to do today.
Start your day off with that refreshing coffee enema. Lady is kinda nice looking and wealthy so maybe she is on to something.
Could start a chain for these women. Dunkin’ for the proletariat, StarButts for the upper class snooty ones.
Enjoy your version of rained out progresivitism. I would have thought you would say church.
‘Elon musk announced that he will step back from his role with DOGE,’ the co-host said. ‘But as always Elon pulled out a little too late.’
Trump to bring back rickets.
Says it’s a natural thing. Says it will help in future indusries where shorter people are needed to pick things off the ground.
Is it always a “DEI” pilot? Or are all these guys just f’n Jerk Offs?
Three months after the deadliest aviation disaster in more than two decades, two passengers planes were forced to abort their landings at Reagan National Airport after an Army Black Hawk helicopter veered off course.
The two commercial airliners were both forced into last-second go-arounds on Thursday afternoon when the Army aircraft deviated from its approved flight path flying dangerously close to the arriving passenger jets.
Measles and rickets and three headed crickets.
Brown men arrested and tied up with strings
These are a few of my favorite things
DT
To be honest it will be mostly watching FOX NEWS all day
just like every single day
Fast Eddie says:
May 4, 2025 at 10:44 am
A number of chores to do today
Gas is 1.98 now!!!
DJT
The lowest statewide price during the week President Donald Trump made this remark was $2.66 per gallon, and the national average was about $3.14.
Lorax
It’s $2.99 in my area, and we are little walking in top of the stuff.
Phoenix,
That’s a great documentary. I think it being unplanned makes it even more powerful. They wanted to record a probationary firefighters growth from first day until he completes 9 months and wound up having the only footage like it for 9/11.
To be honest it will be mostly watching FOX NEWS all day
Actually NASCAR and the Mets. Speaking of FOX, Gutfeld at night during the week is wild, though. It gets a bit x-rated and out of control. The comedian guests are pretty wild. Kennedy (ex MTV vee jay) is really nuts at times. Last week, there was some discussion about what women want from men and Dagan McDowell said women want to put a bag over men’s heads, get boned and then tell them to get the fuck out. That’s normal antics on that show. The only other time I watch FOX is sometimes when “The Five” is on.
Whenever I put on CNN or MSNBC, it’s dire… always. It’s like someone died or some national tragic event happens every day. There’s never off the cuff stuff, laughter, none of it. The hosts all sound and look miserable.
If you love NASCAR, you will love this guy:
https://www.youtube.com/watch?v=vxxFtACZvQY
1:55, Sounds a lot like 1930s Volksempfänger in english.
That 4b movement is really messing things up.
NJ Teacher, 26, Offered To Pay Child For Sex, Feds Say
A Union County teacher was arrested for possessing child sex abuse images and paying or offering to pay a minor for sex, federal officials announced.
Reopening Alcatraz. It’s not a show now, right Maggots?
https://www.tiktok.com/@spacemann11/video/7494355352562306350