Movin’ on up

From National Mortgage Professional:

Sellers Get Real About Prices

Lowering the listing price is becoming the norm for sellers, as the market doldrums linger. But sellers in the lower price ranges are the most aggressive, according to a new report from Realtor.com.

Overall, nearly one in five U.S. home sellers reduced their asking prices in September, the site reports in its latest monthly market report. But 21% of those listing at $350,000 or less are cutting their expectations more often than sellers in higher-priced brackets. The least expensive houses accounted for 40% of all listings for the month, the most of any bracket.

From there, the number of sellers lowering their prices falls as price ranges rise. For example, in the $350,000 to $599,000, which accounted for 22% of the listings, 20% of sellers cut their asking price.

In the $500,000 to $750,000 range, accounting for 18% of the listings, 21% had price reductions. In the $750,000-$1 million bracket, 8% of all listings, 18% saw their prices cut. And 13% of the houses listed above $1 million, accounting for 12% of all houses for sale, experienced price drops.

The trend, the report said, “is consistent with more motivated sellers at the bottom of the housing ladder, who need to sell in order to buy their next home, compared to patient and/or price-anchored sellers at the top.”

This entry was posted in Demographics, Economics, Housing Bubble, National Real Estate. Bookmark the permalink.

84 Responses to Movin’ on up

  1. Chad Powers says:

    1

  2. Fabius Maximus says:

    Had posted on an old thread yesterday.
    Lib,

    I spent 14 months and probably 150 applications before I landed this gig. I looked at it as a dry run on retirement. At least I had some enjoyment as you never know if you actually going to make it to retirement. Find an hobby and monetize it. I used AI to write books and Amazon sends me a few bucks every month. I have another 10-15 in the hopper that I need to find time to edit.

    There jobs out there, but you have to work to find them.

    LinkedIN is the best place I found, but even there, there is a lot of fake postings. But the Easy Apply makes it worth it.

    The fake postings seem to break down as follows.
    The company HR depot trawling to see what’s in available in the market.
    The company HR dept posting to make the company seem relevant.
    Recruiters posting Company jobs to try and get a foot in the door.
    Recruiters posting Company jobs to try and get talent on the books.

    So who has the real jobs.
    First is the HR dept looking for a unicorn. I had a few of these as I have some unique skills. When I get calls these days, I farm it out to my network.
    Next HR with a general requirement.
    The best is a recruiter on the firms approved list with a specific request. That’s how I got this role. The recruiter found me on LinkedIN and reached out to me.

    My advice is pick a firm you want to work for, use AI to craft a pitch, find some recent hires, and ask them how they got the job. Try and find someone in the firm to put you up as an internal referral.

    Make sure your CV and profile are clean and relevant. You get 50 key skills to list that will flag you in searches. Get your profile to a point where it will pass any ATS scan and you can just hit Easy Apply. That will load your profile into the company system and fill out most of the 10 page application, most places use. For a more specific job application, upload your CV and the job description into ChatGPT and get it to tailor your CV and generate a cover letter specific to the role. Make sure you edit this well. You don’t want to send a letter with [Insert Company Here]

    Good luck and remember if its meant for you, it will find you. Life happens for a reason.

  3. Fast Eddie says:

    Lowering the listing price is becoming the norm for sellers…

    Not in North Jersey.

  4. 3b says:

    Fast: I have seen a couple of price reductions on asking prices, also on rents too. It’s not different here, it just takes longer.

  5. 3b says:

    According to Price Waterhouse survey, Americans gift giving budget for this years holiday is expected to decline 5 percent. Among young people it’s expected to decline about 11 percent due to high living costs and slow job market.

  6. VSG says:

    Not surprised.
    Maga is horrible at managing the economy. BRT, a measured investor, made drastic changes to his portfolio because he expects further economic deterioration. Even Zohran denounced the $40 billion bailout to Argentina. Budget deficit is out of control, inflation up, and Maga shut down the government.
    Sad.

    3b says:
    October 16, 2025 at 8:15 am
    According to Price Waterhouse survey, Americans gift giving budget for this years holiday is expected to decline 5 percent. Among young people it’s expected to decline about 11 percent due to high living costs and slow job market.

  7. 3b says:

    VSG: BRT addressed your comment on his market strategy yesterday. You however, did not respond when he asked about yours. As for the cost of living, I don’t deny it, things are getting more expensive not less, and tariffs are at least partly to blame. Away from the tariffs the economy would be no better under Harris, perhaps worse.

    As for the government shutdown the Democrats did that. Repeating the a Democrat propaganda that the Republicans did does not change that fact.

  8. grim says:

    We’re going to be draining the new swamp for decades. I can’t imagine the levels of grift that will be discovered in the next few years.

  9. grim says:

    The Argentina bailout isn’t a loan, it’s a downpayment for non-extradition.

  10. grim says:

    You know, if it was good enough for the Nazis and all..

  11. Juice Box says:

    Argentina cannot be bailed out. Their total internal and external debt is approaching a trillion and the currency has been devalued 2000% over the last five years.

    Trump might be able to help Milei get reelected but he won’t be able to save their economy they are headed for default again sooner than later.

    For example for all of their current Austerity measures, they no longer run a budget deficit and generated a small surplus of about 1140 dollars…. Yes you read that right one thousand one hundred and forty dollar surplus. GDP per person is lower than Mexico nobody is going to get paid back if they buy their debt…Our Treasury Secretary is out there now pitching their debt to the private sector including sovereign wealth funds..Unless the Saudis wish to burn their money they won’t invest in Argentina.

  12. hughesrep says:

    Unless they get something else in return?

    I wouldnt put anything past this administration, they are shady af.

  13. Juice Box says:

    something else? Other than cows?

    Significant reserves of oil and natural gas, particularly shale gas and oil..

  14. BRT says:

    The fiscal position of the US didn’t magically change the past year…it’s in the same spot it was for the past 5…no wait…worse. This is the trajectory we’ve been on since around 2008.

    The debasement trade is running it’s course. I’ve been a gold bug for 20 years, but when people like you start buying it, I gotta rethink this price runup as not so much a debasement trade and more of a herd following price action. Besides, BTC has been stagnant here for a while now..so I dumped that as well.

    Stocks are way overpriced. Stocks are not the underlying economy. You seem to projecting a lot of thoughts onto me that I’ve never expressed here.

    In 2008, the US expanded the money supply, printed to death, kept interest rates at zero, yet all asset classes simultaneously dropped and the short play was actually treasuries. I don’t plan on holding my position for all that long. Don’t be surprised if I’m buying the fallout while you guys are screaming about market drops…just like I did in April to the exact day of the bottom.

  15. Fast Eddie says:

    I wouldnt put anything past this administration, they are shady af.

    And if they had a “D” after their title, they’d be stewards of sound governance.

    Right?

  16. Fast Eddie says:

    The Argentina bailout isn’t a loan, it’s a downpayment for non-extradition.

    Who’s going to Argentina?

  17. BRT says:

    Credit cycles don’t care who’s in office. You’re at the end of a cycle.

  18. Juice Box says:

    Eddie – erection

  19. Fast Eddie says:

    We’re going to be draining the new swamp for decades. I can’t imagine the levels of grift that will be discovered in the next few years.

    You mean due to the hostage payment of $1.5 TRILLION to reopen the government?

  20. 3b says:

    I was talking to a friend of mine who was looking to lease a small SUV. The lease offer was 5k miles a year! 15 cents a mile for anything over. I have never seen that before, who would want to lease a car with only 5K miles a year. I don’t know if this was a one off, or if all the dealers are doing this now.

  21. Ex says:

    10:09 no, because of inept & destructive leadership.

  22. Boomer Remover says:

    The more expensive the car the lower the miles. MB, Audi will do 7.5/10k leases. I’ve not seen 5K. I probably do 7K a year?

    The best way to lease a car is still lease hackr. For example, Chevy Equinox EV $220 $0 down, $800 tax title fees at pickup. 2 years 24K lease. Have to be a Costco member, otherwise $241 per month

  23. 3b says:

    Boomer: The lease he was looking at was for a Nissan Rogue, so no one of the more expensive vehicles, although they are all expensive today.

  24. Juice Box says:

    3b – Isn’t that just a way to make you buy the car at the end of a lease?

    I only leased a car once. Did a two year and out. Been driving my current car for 13 years now. I am cheap….no new car for me unless it’s free.

  25. Juice Box says:

    re: Chevy Equinox EV

    Don’t I have heard bad things about them, breaking down and not charging. No dealer wants to fix them etc.

    Get a Tesla Elon is no longer inbed with Trump so it’s safe to buy his cars again.

  26. Libturd says:

    3b,

    Those are the low-mileage leases they always hawk on television ads. I sometimes pause the screen to read the fine print for shits and giggles, when I see you can purchase a $100K car for $550 a month. Of course, the downpayment is like 20K and the mileage limit is 5K a year with an insane charge for overages. Plus, you need to be what they call “well qualified.” Oh, and look out for the 30-month in the lease term.

  27. No One says:

    It’s sad to see how far South Park has fallen in recent seasons, but this season is a new low. It’s as if they shipped the writers from the Daily Show and the Daily Kos over to South Park suddenly. Now it takes them 2 to 3 weeks to come up with an episode that mostly appeal to hyper-online leftists like VSG. I don’t like Trump and I’m an atheist, but their angle of attack is so narrow, it’s only funny for the trained seals clapping in the John Oliver show audience who think only cracking on Republican politics = funny. Most people have no idea who Peter Theil is. He’s the equivalent bogeyman for leftists that George Soros is on the right. But they based half of last night’s episode on the assumption you know and hate him. Ever since Trey Parker married a topless dancer, then divorced her, the show’s been increasingly sucked dry of ideas.
    The funniest invention of the season has been JD Vance as Tattoo from Fantasy Island, but again, you have to be pretty old to even get that reference.

  28. No One says:

    Libturd,
    Basically “teaser” lease prices to serve as sales lead generators.
    I haven’t owed money on a car in about 20 years. Sometimes I wonder if I’d get a better deal by leasing rather than buying outright. Sometimes to get the best deal I’ve had to take out the car loan, then paid the whole loan off in one month at no cost. The sales guy doesn’t care, but sounds like sometimes that extra discount is tied to the salesman generating a loan and a bonus of his own.

  29. Boomer Remover says:

    Prior to my BEV ownership I have leased several cars, seven in fact. I took over leases from owners desperate to get out from their contracts. The Chevy products were not bad and never gave me any trouble. GM has a broad offering of EV products that drive, and I bet you’re just hearing disgruntled voices. Besides, Tesla has its own share of issues. I am not surprised to see you simping for Elon.

    It doesn’t matter as I own the BEV I’ve been driving for five years now. Has not been inside of a mechanic’s bay with the exception of a recall. No brake pads, no fluids, nothing. I buy wipers. I cringe when I think back to all the sht that used to go wrong, or needed care, on ICE cars on a regular basis. Yes, yes, I know your car is reliable but push-button BEV for me from now on.

  30. 3b says:

    Lib: My friend went to the dealer direct, not as a result of any TV ads. He of course said no, and is looking at other dealers. He is not especially interested in one brand vs another. I don’t know who would want a lease with only 5k a year, but I guess they are out there. I don’t know how people are paying these prices for new cars either, 700 to 800 a month car payments. No wonder delinquencies are rising.

  31. 3b says:

    Juice: A 13 year old car in prestigious Monmouth Co, and you are living on a cul de sac too! The neighbors must be talking about you.

  32. Libturd says:

    Juice,

    We drive our cars until they don’t make sense to repair any longer. The amount of money you save is phenomenal. The cost to insure an old car is the first big savings, but when you look at what a new vehicle costs today (hard to buy anything but a compact for under 30K), plus the title, tax and delivery and you are closer to 35K. My Mazdas, are pretty much maintenance free, besides standard maintenance for the first ten years at around 15K miles a year. It appears that around 160K, is when you’ll have to spend around 2K a year to keep them running like new. They should last, according to my mechanic to between 220 to 300K based on frequency of maintenance and highway vs. local miles. So compare 2K a year and <$1,000 auto insurance, verses the cost to own a new car currently, which is around 10K a year. It really does cost that much when you factor in depreciation.

    How people do leases (except taking over another fools lease), is completely beyond me.

  33. Juice Box says:

    3b – My son will be driving at the end of this month. I am not getting a new car for him to wreck..He can total my truck and then maybe I will get something newer.

  34. Juice Box says:

    Also wanted to mention my wife is driving a 12 year old car as well, low miles too like 45k since she commutes to NYC. All of the car payments we saved are plowed into the 529 plans which are doing really well too…

  35. Libturd says:

    “I’ve had to take out the car loan, then paid the whole loan off in one month at no cost. The sales guy doesn’t care, but sounds like sometimes that extra discount is tied to the salesman generating a loan and a bonus of his own.”

    I’ve had to take 0% loans to get a discount. Figure that one out? The salesperson was ecstatic when he asked how much I would borrow and I told him the whole thing for the longest term they could offer. Gator looked at me and winked. I asked if he would give me cash for the trade (our old Exterra) so the loan would be bigger. He started laughing at that. I always ask if we can skip the part where the finance guy tries to sell you useless warranties and services. This guy actually told the warranty guy to not to bother with me. Surprisingly, when we bought our expensive CX-90 and asked for the same thing, the finance dude said if I would sign a quick thing that said he skipped the schpeel, he would indeed skip it. We were out the door in ten minutes. It helped that I paid cash. Bastards would only let me spend 4K on the credit card. I’ve heard some will let you spend up to 10K.

  36. Libturd says:

    Juice,

    I laugh when parents buy their kids new cars. I warned my son, who is a very careful driver, that he is likely to crash a car within his first couple of years of driving. In a span of 6 months, he got rear-ended twice. Both, technically not his fault, but I’m sure he had to slam on the breaks to avoid hitting the car slowing rapidly in front of him that he was either not paying close to attention or did not keep a large enough distance from.

    I’ve driven about 700K miles in my life. I have only been involved in two, unavoidable thumper bumpers. One dude backed into me in a Dunkin’ parking lot. The second one, some kid rolled into me at a stop signal from behind as he looked at his phone. This damaged a sensor only. Was a 2K repair! So I’ve never been in an accident while my car was moving. When I tell this to insurers when I am getting quotes, they say, “I’m due.”

  37. Juice Box says:

    Lib _ I wrecked 4 used beaters by the time I was 22…. Last one I was driving an old 1991 Hyundai Excel hatchback. I flipped that one on the roof in a heavy snowstorm on RT 80 while trying to avoid hitting a jackknifed tractor-trailer at 50 mph…I slid into the frozen snowbank went up on two wheels and then over onto the roof, car spun on the ice and ended up facing the wrong direction too but at least it was on the shoulder and not underneath a tractor trailer.

    Haven’t had an accident since.

  38. Juice Box says:

    That’s more than a Billion dollars a mile to construct.

    “Construction is officially underway on Newark Liberty International Airport’s long-awaited new AirTrain—a sleek, $3.5 billion replacement for the clunky 1996 original that’s ferried millions of travelers (sometimes begrudgingly) across terminals for nearly three decades.

    The Port Authority of New York and New Jersey broke ground this week on the 2.5-mile automated people mover, which will serve as the backbone of Newark’s ongoing airport transformation. When it debuts in 2030, the new AirTrain will move up to 50,000 passengers per day (up from about 33,000 currently), connecting all three terminals, parking lots, rental car facilities and NJ Transit and Amtrak’s Northeast Corridor rail lines.”

    https://tinyurl.com/4cm9ny7r

  39. Juice Box says:

    Speaking of expensive. Took the train into NYC yesterday to meet up with some old friends for dinner. Fares are up what another 20% now? It was $18 each way.. The train car was ok but it probably could use a good cleaning… The old portal bridge is still being used. The new one not slated until next year….supposedly costs have increased quite a bit…. up to 2.3 billion.

    Feds cut $375 million plan for the old bridge. They were going to repair the 90-year-old bridge replacing some structural steel and fixing the part that goes up and down… Supposedly all marine traffic has stopped using that part of the river. What happened to the shit barge from bergen county? Are they trucking the stuff now? That has to be allot of trucks. That sewage treatment plant serves most of bergen county..

  40. No One says:

    I knew a guy who worked on AirTrain maintenance. I think it was a Bombardier design. He said it was never designed for the operating conditions of NJ. This is why government-associated enterprises should never run airports. Probably led by the NJ/NY equivalents of Hunter Biden.

  41. Juice Box says:

    No One. – They chose a new cable system rather than on-board motors. The company makes ski lifts….. This is a new system never been used before and we bought it and are paying for it’s complete custom design. You can bet this sucker will break down…too bad we cannot short the port authority…

  42. BRT says:

    I need to get a new car in the next few weeks. My 2012 Civic has VSA, Power steering, exhaust lights all on. Needs a new catalytic converter. 305k miles and still running like a beast but this is the last hurrah.

  43. Libturd says:

    Yup,

    300K is the max for nearly all Japanese cars. Nice job. That’s a lot of miles. I’m betting most weren’t yours?

  44. Juice Box says:

    I saw a piece about Honda using more sealed CVT transmissions….So the days of 305k miles are probably over.

  45. Libturd says:

    And I would just buy another Civic hatchback.

  46. VSG says:

    So you blame Harris for MAGA’s economic disaster the same way you blame Biden for Magas coverup of the E pstein file.

    Are you clinically insane or just an average FoxNews addict?

    3b says:
    October 16, 2025 at 8:35 am
    VSG: BRT addressed your comment on his market strategy yesterday. You however, did not respond when he asked about yours. As for the cost of living, I don’t deny it, things are getting more expensive not less, and tariffs are at least partly to blame. Away from the tariffs the economy would be no better under Harris, perhaps worse.

  47. Juice Box says:

    Panic trade off?

    Trump still expected to meet Xi in South Korea.

    A senior South Korean government official says US President Donald Trump is expected to visit the country for two days from October 29.

    National Security Adviser Wi Sung-lac was speaking at a news conference on Thursday.

    Arrangements are being made for Trump to travel to South Korea after visiting Japan.

    Wi’s comment indicates that the US president will not take part in an Asia-Pacific Economic Cooperation summit to be held in South Korea from October 31.

    South Korean Foreign Minister Cho Hyun said on Monday that a summit between Trump and Chinese President Xi Jinping will likely be held in Gyeongju, the site of the APEC meetings.

    The US reacted sharply after China announced it will strengthen controls on rare earth related exports.

  48. Fast Eddie says:

    So you blame Harris for MAGA’s economic disaster the same way you blame Biden for Magas coverup of the E pstein file.

    MAGA’s economic disaster? The nation has never been wealthier, inflation is in the 2% to 3% range and the stock market is at record high. Coupled with the fact that the world is kissing American ass because we have legitimate leadership, not the vegetable O’Biden or the ‘all talk, no action’ Obammy. It fucking kills you to think about it. It hurts, doesn’t it? LOL.

  49. BRT says:

    Lib, 100% me and me only. It’s a manual transmission and I never had to replace the clutch either! That’s why I want to go with the SI, I gotta drive stick shift. And it’s probably the best anti-theft feature at this point.

  50. Juice Box says:

    best anti-theft feature… yeah pretty true here in the USA..

  51. BRT says:

    Juice, I talked to the mechanic about it. He said certain models of civics/accords are coming in with major issues now early on, so he listed out the models for me. But when I told him I was going to get the SI, he said basically, there haven’t been any major issues with it because it’s manual.

  52. Juice Box says:

    Here is that report on defective Honda CVTs.

    https://www.youtube.com/watch?v=g7gAvxy8RAY

  53. Libturd says:

    I love driving stick too. My civic went nearly 200K on the original clutch, but I drove it way too fast, so the engine block cracked. A valuable lesson was learned. Don’t drive an old car near it’s peak speed. I definitely went over 90 for a short period of time, but I was driving >80 for 90 minutes when it happened. Just as I slowed down to exit the GSP. Oh the black cloud of smoke was incredible. I couldn’t even see behind me. Made it the mile to my mechanic who screamed at me to shut it off. He bought the old Civic from me for $500 to replace the engine, but it got stolen from his lot before he ever performed the repair.

  54. Ex says:

    Stick is awesome. I have an SMG which is a crazy clutchless shifter that some people find cumbersome but others like me. Love it. Paddle shifter for the canyons and auto mode for when you wanna sip your shake. My sweet ol’ gal hitting $155k miles. ANalog

  55. Ex says:

    I’m now in the mode where I am rebalancing my gear. Do I need the 9 ft surfboard? Prolly not. Just seems fun to have, you know? Life is short fellas. You gotta take the time off with whatever recreational opportunities might arise.

    Whenever I am “on the beach” I try and do creative stuff and sit here with a 14.5 year old hounds head on your hip. Him getting 3 meals a day and many trips outside. A Jersey rescue found with his siblings off rt 78 all is well today, The old guy is a survivor.

  56. Libturd says:

    Juice,

    That’s crazy. Conversely, I’m seeing more and more reports about the reliability of the Mazda SkyActive engine. So far, I can attest to the truth of that. I can’t believe I haven’t had to replace a starter, or an AC or coolant system part yet in any of our cars. Honestly, before the tie rods and sway bars, on both the SUV and 6, we had to replace the struts on the SUV, which was a known issue. Besides new mufflers on the SUV, brakes and batteries on both, everything is original. Even the wires. I can’t believe the muffler on my 6 is original. But again, it hasn’t snowed much, so less road salt.

  57. 3b says:

    VSG: You need to stop making shit up. It’s getting old. I never said I blame Harris. What I said was with the exception of the tariffs . Harris would not have done anything to address the high cost of living. I will break it down further for you in bite pieces. Trump owns the tariffs. Had Harris been elected she would not have instituted tariffs, or I should say the people that were actually governing behind her would not have instituted tariffs. However, prior to the tariffs the cost of living was still high, and had Harris won, her or her handlers behind the scenes would not have done anything to bring down the high cost of living.

  58. Libturd says:

    Nearly forgot. Had to do the Waterpump/timing chains on the CX-9 at 166K. Manual said to replace them at 150K. I waited for the engine light to make me do it.

  59. Ex says:

    I’m happy with our vehicles. Paid off two of the three some time ago. Obvious costs associated with a Euro Sports car, but the Japanese Outback 3.6 is a beast. Love that vehicle in the varied terrain of the area and any potential issues like rain or even snow. It handles uneven pavement with amazing resiliency. easily the best post-apocalypse car of my ownership tally.

  60. Ex says:

    A seal was replaced in the Subaru CVT but otherwise its been drama free. I don’t use the “gears” much as I don’t think that I need to. Motor is a flat six 250hp. Nice and spunky in traffic. Handles like a European sports sedan with 8.5″ clearance. never felt fatigued by the seats. Lovely machine

  61. 3b says:

    Juice: Understand. When my Son learned to drive, he used my old late 90’s Jeep Grand Cherokee,(they were still Jeeps back then in my view). That thing was a tank, and great in the snow!

  62. Juice Box says:

    Lib – People are putting in aftermarket oil coolers for the transmission to prevent this issue. Honda and Subaru etc should just add one to the car.

  63. Juice Box says:

    Chi – where are ya?

    10 year 3.98%

  64. Juice Box says:

    Quick get Neel Kaskari on the phone we need another Tarp!

    Shares of regional banks and investment bank Jefferies
    tumbled on Thursday as fears mounted around some bad loans lurking on Wall Street.

    Zions Bancorporation dropped more than 10% midday, while Western Alliance Bancorp
    fell more than 9% The SPDR S&P Regional Banking ETF (KRE) lost more than 4%, with all but one member of the popular fund on track to end Thursday’s session in the red.

    The bankruptcies of two auto industry-related companies this year have raised concerns about loose lending practices, especially in the opaque private credit market. That’s left both the banking industry and investors concerned about whether instances of loans gone wrong indicate a burgeoning crisis.

    The latest signs of trouble came when Zions said Wednesday evening it faced a sizable charge because of bad loans to a couple of borrowers. Western Alliance then alleged Thursday a borrower had committed fraud.

    The worries about the health of the banking industry originate with the bankruptcies of companies related to the auto sector: First Brands and Tricolor Holdings.

    Shares of Jefferies, which has exposure to First Brands, fell more than 7% on Thursday. The investment bank’s stock has lost around 23% in October, making it poised to record its worst month since the Covid pandemic took hold in March 2020.

    Jefferies said that hedge funds it runs are owed $715 million from companies tied to First Brands, while UBS said that it has about $500 million in exposure.

    “When you see one cockroach, there are probably more,” JPMorgan CEO Jamie Dimon said on the company’s earnings conference call earlier this week in relation to First Brands and Tricolor Holdings fallout.

  65. 3b says:

    Juice: I guess some folks can only handle 700 to 800 a month car payments for so long

  66. Libturd says:

    Markets turning fugly again.

  67. Juice Box says:

    Chi – Lutnick might be involved.

    UBS —> O’Connor hedge-fund —> First brands bankrucy —>. Cantor Group V LLC (possible fraud in Commercial Real Estate?) —> Cantor Fitzgerald tries to buy O’Connor Hedge fund from UBS…

  68. Walking says:

    Regarding gm products
    I had a 2001 Saturn that got me to 240k with original timing chain and transmission. I pretty much stopped maint at 180k . Though at 220k I did replace a computer part under the dash and had dealer install. Dealer was more concerned about where I bought the part (eBay) then actually programming it. When the board would overheat from the car being in the sun she wouldn’t start. Not a problem driving to work , but going home was always problematic.

    I now have a 23 Chevy bolt and that is a nice car and has required zero maintenance. It will need a coolant vacuum flush at 50k for $600 but otherwise it’s been trouble free. There a video somewhere on YouTube showing the reliability of these small Chevy electric motors. Simple design, direct drive and the HS mechanic teacher was impressed with the design.

    I’m now looking at an Audi bev, but have read some nightmares about over designed German engineering where critical parts are made from plastic.

  69. BRT says:

    The AI Bubble is popping…and yes it’s a bubble. There’s a laundry list of “quantum” stocks that have had ridiculous runups and their corporate offices are in beat up strip malls/industrial parks. Sorry boys…when Cathie Wood looks profitable, you should have seen the writing on the wall…it’s not too late to get out of dodge.

  70. Walking says:

    Juice
    Thanks for the market update. Just a little spark is all that’s needed for a stampede to the doors. We shall see if this one is enough to get some attention

  71. BRT says:

    btw, if you don’t want to short BTC, I get why. But shorting Ethereum is a no brainer here IMO. It’s sitting near all time highs somehow and I haven’t seen a single person promote it on my feed in years. The ETFs are out there to do so.

  72. Chad Powers says:

    Turned in a few counterfeit gold coins today to sell. I have to get together some scrap gold as well to unload. I can‘t imagine gold going any higher, but who knows?

    I picked up my German passport this morning. Paid a little extra for the express service so I could have a valid ID. I‘ve been carrying around a copy of my naturalization certificate in case I was stopped by the police.

  73. 3b says:

    The Polish President has signed into law, introducing a zero personal income tax for parents raising two or more children.This was down to support families, by increasing disposable income and stimulating economic activity.The average Polish family will save about 1000 PLN per month. The zero income tax will apply to parents, legal guardians (if the child lives with them), foster parents, and individuals supporting adult children still studying. The new law will take effect in 2027.

    This is a very progressive incentive for Polish families especially for a country that is accused of being very conservative.

  74. Juice Box says:

    1000 PLN per month or 275 dollars per month…Sounds like a new car payment for Polish families.

  75. chicagofinance says:

    Ten 397; went down there and held

  76. ProudHeathanAtheist RightStillRight says:

    No One, your 10:29am South Park post is hitting home. I think you are upset about how they explained that God punished Satan and gave it a very small butthole that only the KingOrange’s small wee wee could fit and impregnate him. While Satan is trying his best to birth the butt baby.

    In last nite’s SP episode, Jesus gives up his believes after being constantly harassed and bullied because he might be gay and goes in the date with Prince Orange old girlfriend Kimberly Guilfoyleand becomes a MAGA “Power Christian” just like the principal, giving up his internal believes.

    Peter Thiel’s appearance is linked to his lately frequent media appearances about the Anti-Christ, because he’s concerned that AI will become the anti-christ. Instead of looking at his closest friends that are behaving mightily anti-christian. With a crowd like those around an Evil AI is the least of humanities’ problem.

    What if “right” is WRONG and “wrong” is RIGHT. What if the MAGA christian is as Christian as Ozzy Osbourne was a Satanist. Meaning is all a ticket selling act.

    In today’s NY Times, Evangelist David French had an opinion article. I copy/pasted the highlights below.

    But that is hardly the universal experience people are having with America’s religious surge. There is darkness right alongside the light. Christians stormed the Capitol on Jan. 6, 2021. Christians have believed and applauded dark prophecies that compare Donald Trump to Jehu, a murderous Old Testament king who commanded the slaughter of the previous queen, Jezebel, and had the severed heads of the previous king’s sons brought to him in baskets.

    Incredibly, Christians are attacking what they call the “sin of empathy,” warning fellow believers against identifying too much with, say, illegal immigrants, gay people or women who seek abortions. Empathy, in this formulation, can block moral and theological clarity. What’s wrong is wrong, and too much empathy will cloud your soul.

    There was the ReAwaken America tour that crisscrossed America during Joe Biden’s presidency, during which angry Christians called for vengeance at sold-out venues from coast to coast. And, as I wrote last month, the Kirk memorial itself mixed calls for love (most notably Erika Kirk’s decision to forgive her husband’s killer) with the Trump administration’s explicit hate.

    Trump — to the laughter and cheers of the crowd — said that he hated his opponents. Stephen Miller, the president’s top domestic policy adviser, declared that his perceived political enemies were “nothing.”

    “You are nothing,” he said, “You are wickedness. You are jealousy. You are envy. You are hatred.”

    Is that what a revival looks like? And if our nation isn’t yet experiencing a genuine national revival — something like the Second Great Awakening, which swept through the United States in the early 19th century — then what is actually going on?

    As a lifelong evangelical, I’ve been taught to hope, pray and work for revival. I’ve even experienced small-scale revivals — in my law school Christian fellowship and at a small church in Georgetown, Ky., where my wife and I served as volunteer youth pastors for a short period.

    I love the succinct description of revivals by my friend Russell Moore, an editor at large and columnist for Christianity Today magazine. “Revival,” he wrote in The Atlantic, “is a concept with a long history in American evangelicalism, rooted in the Bible, that says a people who have grown cold and lifeless can be renewed in their faith. It is a kind of resurrection from the dead.”

  77. chicagofinance says:

    sorry…. didn’t read before posting…..

  78. chicagofinance says:

    nice…. thank you..

    Juice Box says:
    October 16, 2025 at 2:10 pm
    Chi – Lutnick might be involved.

    UBS —> O’Connor hedge-fund —> First brands bankrucy —>. Cantor Group V LLC (possible fraud in Commercial Real Estate?) —> Cantor Fitzgerald tries to buy O’Connor Hedge fund from UBS…

  79. VSG says:

    Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says.

    PUBLISHED THU, OCT 16 2025
    1:51 PM EDTUPDATED 4 HOURS AGO
    thumbnail
    Jeff Cox

  80. 3b says:

    Sandy (AOC) embarrassed herself on a CNN Town Hall yesterday, she was outraged that Deloitte and 3M have been dumping chemicals into rivers in poor rural areas.

    Maybe, if Sandy had actually had a job in the real world, she might have at least heard along the way that Deloitte is an accounting firm, or even when she was in Boston University. But no , not Sandy, and this ding dong is mulling a run for US senator from NY in 2026, or President in 2028.

  81. Ex says:

    “….wE hAvE a LoT of tomahawks….”

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