From MPA:
Inventory surge cools US home prices, but Northeast markets stay strong: Cotality
Home prices across the United States continued to lose steam in September as inventory reached its highest level since 2019, according to new data from Cotality.
The firm’s Home Price Index showed national year-over-year price growth slowing to just 1.2%, down from 2.7% in September 2024 and well below the double-digit gains seen during the pandemic boom.
The number of homes for sale jumped 15% year-over-year, marking the largest increase in six years and giving buyers more options, but also putting downward pressure on prices.
The national median home price stood at $395,000, while the income required to afford a median-priced home hit $90,100—underscoring the affordability challenge for many buyers.
“Much like the K-shaped trend seen in overall consumer spending—driven largely by higher income groups—lower-income potential homebuyers are facing challenges due to an uncertain job market, sluggish wage growth, and worsening financial conditions. This is leading to weaker demand for homes and downward pressure on prices,” said Dr. Selma Hepp, Cotality’s chief economist.
While the national picture points to cooling, the Northeast continues to stand out. Connecticut and New Jersey led the country in annual price growth, with both states posting gains in the high single digits.
“Major Northeastern metro areas such as Boston, New York, and Philadelphia remain resilient thanks to sectors like finance, biotech, healthcare, and education. Strong and diversified local job markets continue to draw high-earning professionals and give them the income stability needed to purchase expensive homes,” Hepp said.
1
ISIS in Montclair…..their teachers must be proud.
https://nypost.com/2025/11/05/us-news/alleged-yuppie-jihadis-from-montclair-nj-plotted-attack-planned-to-join-isis-feds/
The IRS is officially ending Direct File, the free, government-run tax-filing pilot program that the Biden administration started last year.
Novel idea instead of adding a few minutes between flight times why not just pay the air traffic controllers?
“DENVER (KDVR) — The Denver International Airport has asked the Federal Aviation Administration for a waiver that would allow the airport to use its funds to pay air traffic controllers during the federal government shutdown.”
https://kdvr.com/news/local/denver-international-airport-asks-faa-for-permission-to-pay-air-traffic-controllers-during-shutdown/
VSG – (AGI) below $84,000 for tax year to use it. It was used by only 300,000 people. There are other free services that replace it.
The program cost $41 million so far for a freeking website…Your govenment in action!
No One: From last night. You are so right. Romney was a good and decent man. Someone who would have got things done and compromised when necessary. Some see compromise as weakness I see it as a sign of strength.
As you noted the media vilified him at every term, painted him as evil because he was a partner at Bain Capital. And, mocked and ridiculed his religion including people on this blog who are the first to label people a racist or bigot.
Juice: I noted that ISIS story yesterday. Blow up
And shoot up LGBTQ bars on Halloween. I wonder if Feathers was on their list.
Diversity is our strength, who wouldn’t want to have some budding ISIS boys adding exotic flavor to their town. I wonder if those boys read the Howard Zinn American History book at Montclair high? Instead of “yuppie” they should have said “rich hippie”.
The best photo showed the graying hippie UN-working mom with her fat paycheck and pension so proudly bringing up such a wonderful America-hating son.
Is there a more Montclair family than this?
Jimenez-Guzel’s mother, Meral Guzel, serves as head of the United Nation’s Women’s Entrepreneurship program, and Sedarat’s father, Roger Sedarat, is an award-winning Iranian American poet and a professor at Queens College in New York City.
You can keep ur doctor and save $2500 per year. We just need 1.5 trillion dollars more. Next time will be less, we promise. its for the children. Obama said its affordable
3b,
So right, I personally was never a big Romney fan, I thought he was going to be a big compromiser, moderate Republican,etc. Sort of another Bush Senior. Better than Obama. But he was probably the most personally kind and decent man to run for president in decades, and I had no doubt that whatever he would do, he truly was driven to do the best for America. And then the leftist hacks conspired with the Media to run hit piece after hit piece on Romney, to the point of that debate “moderator” falsely fact-checking Romney mid-debate to protect their darling Obama. Or the way the media and Obama laughed and sneered at Romney as an old bumpkin for calling Russia a top geopolitical threat. (Maybe he should have said China, but whatever.)
I know several Republicans who in the next election went with Trump because they said Romney’s loss proved that being an honest forthright candidate doesn’t work, that you have to fight dirty, lie, bully, punch back, whatever it takes, when the whole media and the left are going to do that against you anyway.
I don’t agree with that, but there are plenty of people who feel that way.
No One…… American Jihad Central in NYC Metro?
Tomas Kaan Jimenez-Guzel went to expensive and all Boys Catholic Xavier High School in Manhattan and then to Rowan College in NJ.
The other man Milo Sedarat went to Montclair High and was enrolled at Baruch College in Manhattan.
wasn’t Romney‘s family was hiding in Mexico so that men kept multiple wifes?
At Boston Consulting Group he developed private equity, get rid of all workers benefits, destroy the middle class and pay ceos up.
3b -Feathers? What time do they open?
Feathers story for ya. Back some 40 years ago my Uncle and friends were in town for a visit from Ireland, so they all went out for the night and somehow they ended up on the doorstep of Feathers. Bouncer told them more than once this is not the place for you lads..They kept insisting that they were going in for only one drink, so the bouncer let them in. Well they had only one drink and well then decided the place wasn’t for them. We aren’t Disco fans is what they told the bouncer when leaving…
the circular stupidity. Reagan/Romney destroyed middle class. republicans vote maga because middle class is gone. maga doubles down
Juice: That’s a great story! I can only imagine their faces. A friend of mine retired cop now, started his police career on night shift, and part of it was patrolling the area around Feathers and the train parking lot where patrons parked at night. He said quite a few cars had child seats in the back, so I guess some men were leading double lives. The place still seems to be going strong.
Cry harder!!!
Juice: My wife’s cousins best friend is a teacher at Xavier, I will have to ask him if he knew the kid when I see him.
3B – I first heard the whole story about 30 years ago when told by my Uncle in our family owned pub in Ireland….the lads had a roar that is for sure.
Romneycare.
I think that is what they called it.
Show up with a voucher at the medical facility.
Kind of like those silly coupons your doctor gives you when he hands you some trial expensive new medication.
Of course, Romneycare was to be “Phased in.”
That means one thing. Gift to the boomer, not to instill fear in them as they vote in higher numbers, and a screwing to the youth who don’t show up.
Well, the youth showed for Obama. The youth showed up for Mamdani. The women showed up for all three.
And where did this robot Scott Bessent come from? Very strange affect- he has to concentrate while lying so hard his face stops functioning.
No One: a Romney was the most qualified Republican at the time , certainly not perfect, only Democrat candidates are perfect as we have learned here. He was certainly more qualified and accomplished than that empty suit Obama, who I did vote for first time around. I fell for that whole hope and change crap. I agree he was along the lines of Bush senior. He did a good job in getting Massachusetts fiscal house in order and putting it on the right path. Massachusetts the most liberal of states elected him twice.
rOmNeY wAs tHe lAsT vOtE iEvEr cAst
Juice: I am sure they still get alot of laughs out of it. We took Cousins of ours from rural Ireland back in the day to Times Square before it was cleaned up. The young lads were besides themselves, even more when we jokingly asked them if they wished to engage. We still have to tell the story when we are over there.
I’d actually vote for a Presidential candidate that would certify they would reveal the names of every investor/owner etc of every private venture capital organization.
Charlie Kirk said sunlight is the best disenfectant. Let those photons do their jobs.
And release the Epstein files.
Whatcha hiding, boys?
At what point back in 2012 did Romney give people any reason to vote for him? I cannot think of one thing. He simply was not a good liar like most other politicians.
BTW that was probably the last time the presidential debates were civil, they implemented the debate mute buttons later on.
It’s been more than 24 hours.
Still waiting for our savior to tell the Russians and Ukrainians to stop fighing.
Maybe tomorrow, perhaps?
Oh, and the potential reversal of the tariffs by a judge, well, if that goes through, some printing of money will be needed to pay the Chinese back. Taxpayers are going to get some “phase in” treatment.
This is what an attempt at buying a vote looks like. This is “socialism” for the seniors, as kids working at McDonalds are now supporting the guy who owns 3 houses.
Seniors love socialism, or they would abhor this:
Jack Ciattarelli has proposed multiple tax breaks for seniors in New Jersey, including freezing property taxes for those aged 70 and older and making retirement income tax-free. He also supports a 100% property tax deduction for seniors on their state tax returns and has criticized the state’s ANCHOR program, which he views as an insufficient relief measure.
VSG
AI confirms your statement to be correct. Who am I to dispute AI?
Basically the Romney family weren’t Patriots and didn’t like American laws, and didn’t want to pay for the crimes they committed. They were “above the law” and ran, comically, to the place ICE is deporting people to.
Polygamy motivated the move: Miles Park Romney was a polygamist with multiple wives (he had a total of four wives and 30 children). To continue practicing plural marriage without facing imprisonment or the seizure of assets by the U.S. government, he and other Mormons established colonies in the state of Chihuahua, Mexico.
Could you imagine a Romney divorce in America?
4 wives, 30 kids, 100 lawyers.
They would have sued Mitt’s family so hard that Mitt would have looked like a skeleton on Halloween.
No wonder he ran over the border with the “so called” illegals, as he was one.
Bessent Panics As U.S. Bonds Near Major Collapse Over $1 TRILLION In Reversal Payments.
Math majors, is this true?
U.S. Consumer Sentiment as per Univ Mich survey sinks to a record low. That’s not surprising, considering the ass holes on both sides governing the country.
The moment a person “retires” in New Jersey they usually leave.
Maybe it’s the huge property tax bill?
Gotta pay those massive pensions.
This was the opposing plan, the one that actually triumphed, a stark contrast from the Republican socialist giveaway to certain “special interests.”
Politicians tell you what you want to hear. That is how to win, correct? So this is what NJ wanted to hear.
No tax breaks for boomers might actually be the nudge to get them to move out of this state, getting houses put up for sale, and finally getting the whole real estate process moving again.
Sherrill has said she wants to ease property-tax pressure on middle-income homeowners by expanding rebates and credits. According to Sherrill’s “Affordability Agenda,” her tax proposals include:
Child Tax Credit: Expand New Jersey’s Child Tax Credit to cover more families and increase the benefit amount.
Earned Income Tax Credit: Broaden eligibility and raise the value for working-class residents.
Caregiver Tax Credit: Create a new state credit for people who care for aging or disabled family members.
Sales Tax Holiday: Reinstate the back-to-school sales-tax holiday to reduce seasonal costs for families.
Sherrill has framed her plan as a way to keep families in the state and help local economies grow, positioning affordability as the defining issue for New Jersey’s next governor.
Dark: Are we to blame Mitt Romney personally because he had family members who were polygamous? Who cares! If we don’t care about men marrying women’s, or men marrying men or women marrying women, then who care if someone wants multiple spouses? We could have bisexual polygamous relationships too. I don’t know why people would want more than one spouse, but if they do, why do we care. Just saying.
Ex says:
November 7, 2025 at 10:40 am
The moment a person “retires” in New Jersey they usually leave.
Maybe it’s the huge property tax bill?
Boomer created the “huge property tax bill” by spending for years and not balancing the budget
It’s over 200 Billion that boomer charged to the NJ Credit Card.
Prove me wrong.
Now they cry and want more tax breaks? They have been getting them since they were 18 years old.
Yep.
He ran times and cost him his marriage.
Boomers love socialism for the old. screw the young
Dark Phoenix says:
November 7, 2025 at 10:20 am
This is what an attempt at buying a vote looks like. This is “socialism” for the seniors, as kids working at McDonalds are now supporting the guy who owns 3 houses.
Seniors love socialism, or they would abhor this:
Jack Ciattarelli has proposed multiple tax breaks for seniors in New Jersey, including freezing property taxes for those aged 70 and older and making retirement income tax-free. He also supports a 100% property tax deduction for seniors on their state tax returns and has criticized the state’s ANCHOR program, which he views as an insufficient relief measure.
Dark: Good for Sherrill if she can actually do some of these things, why didn’t her fellow Democrat Murph do those things ? He told people to leave if taxes are an issue, Sherrill
says no, stay. We shall see .
3b
The family broke the law to avoid prosecution and paying their fair share.
If you are American, you abide by American laws. Or you are a criminal.
And if you don’t, you have no right to tell anyone else they should, nor should you ever be able to “create” your own when you didn’t adhere to the one’s that others made for you.
Anything less is ANTI-AMERICAN.
as AI about romney and Boston Consulting Group. AI won’t shy away from it.
there’s a very good historical account on New York magazine.
they speeded up the collapse of Americas middle class
Dark Phoenix says:
November 7, 2025 at 10:26 am
VSG
AI confirms your statement to be correct. Who am I to dispute AI?
Dark: In a lot of towns in Bergen County, it was local Democracy craft politicians who advocated spend, spend, spend, and Republicans who in many cases not all urged caution. The rational was it will make increase your property values. Then they retire and leave. Now , none of the young people can afford these houses, not that it matters as they are not getting married or having children.
Dark: People break the law every day and get away with it, especially the rich and powerful. I really don’t care. My points are why is Mitt Romney responsible for that number one, and number two if people want multiple spouses then let them.
3B
I don’t care what she says. The woman, or if it was Jack, the man, cannot side step the fact that NJ is in debt 200 BILLION dollars thanks to the boomers.
No matter what you do, no matter how much you cry, NJ cannot file for bankruptcy like Trump. It HAS to pay that debt, and that will come from the taxes.
Now how did NJ get 200 BILLION in debt? The same way it is going now, the taxpayer not wanting to pay taxes but wanting the services.
Boomer would say ” get rid of the schools, that will pay down the debt”. But the same boomer, transported into a time machine, worked at that school, had kids in that school, and is collecting a pension from that school, and at the same time back in 1970 was demanding a tax break and a raise. Politicans gave them what they wanted in order to be elected, and the NJ deficit began to climb. Dollar after dollar, plus interest.
The chickens are coming home to roost. You are paying Grandma’s debt.
Get used to it, unless your government defaults.
3b says:
November 7, 2025 at 10:54 am
People break the law every day and get away with it, especially the rich and powerful. I really don’t care.
Ok, so you believe in lawlesness.
You cannot pick and choose that, it’s a YES/NO, or as in my business, it’s a hard stop.
Hope you feel the same way when someone steals your car and throws you out on the side of the road. You might just change your tune.
Dark: I didn’t say that, I said people pick and choose which law breaking they are outraged by, and which they turn a blind eye to.
Off to lunch now at Pete’s Tavern , 18th Street and Union Square one of the oldest bar/ restaurants in Manhattan. I have not been there in some time but my friends tell me the food has much improved. Behave yourselves.
you took a good beating from Dark Phoenix again
3b says:
November 7, 2025 at 11:03 am
Off to lunch now at Pete’s Tavern , 18th Street and Union Square one of the oldest bar/ restaurants in Manhattan. I have not been there in some time but my friends tell me the food has much improved. Behave yourselves.
Peloton is recalling its original Bike+ after receiving reports that the seat post broke and detached from the equipment during use, leading to two injuries, the Consumer Product Safety Commission said in a news release Thursday
https://m.youtube.com/watch?v=w6Yjd08qewM&pp=ygUSYmVubnkgaGlsbCBiaWN5Y2xl
I was of the same thinking. Murphy was pretty obstinate. You don’t like it? Leave. Then Sherrill comes out so incredulous as if her standard bearers haven’t been running the state for decades, and Drumthwacket on the Navesink River has been chortling at us for 8 years. The public has spoken decisively, but it tastes like day old quinoa flakes.
3b says:
November 7, 2025 at 10:46 am
Dark: Good for Sherrill if she can actually do some of these things, why didn’t her fellow Democrat Murph do those things ? He told people to leave if taxes are an issue, Sherrill
says no, stay. We shall see .
Ten 406
Lame Duck Gov Phil Murphy on his way out the door wants a law that NJ has to go to 100 percent clean green energy by 2035.
Expect your utility bills to go up. We don’t have enough land to build solar farms to power New Jersey and buying green clean energy from the interconnect to out of state producers is going to be prohibitively expensive.
Wind? It’s a complete failure as well. Orstead cancelled the two wind farms they won bids to build and the other player Leading Light Wind may lose their chance as well as GE stopped making the wind turbines due to failures.
Maybe Phil can cut a deal with China to ship some turbines our way before he is out of office?
Time is running out to buy the crypto dip. Enjoy! I know i will.
Grim,
What I was talking about with crypto the other day. $bnkr made forbes.
https://www.forbes.com/sites/digital-assets/2025/11/07/the-next-paypal-how-ai-and-blockchain-are-rewriting-digital-payments/
Horrible earnings season for Crypto….. We need the SEC to investigate this they are cooking the cooking the books there is no way crypto earnings can be this bad…
$bnkr making good revenue already. Good tech.
Pumps – another rent taker trying to be a middleman in every transaction.
Don’t need to want it.
Juice,
Go buy some $useless. It’s a parody meme that you can buy into. It’s also going to run hard.
Pumps – if you were shorting bitcoin, you would be down about -50% YoY and down -22% YTD..
Etherium is -43.38% You and -60.11% YTD…
Tell us how that is going? Let me guess you wife gave you the change from the couch cushions to load into your playtime accounts….
The republicans control the presidency, the house and the senate. And the supreme court.
Shutdown must end.
VSG – what does that really mean? Should they nuke the filibuster like Harry Reid did?
Removing the 60-vote threshold? Is this the path we should go down? Seems to me that is something fascists would do.
It means swear in the chick from AZ, hold a vote, release the Epstein Files ….
Ex -Congress is not in session. There can be no votes until Congress is open.
You do understand that right? There is a sign in the window that says “Closed”.
things like this are the reason why your electric bill is so high
Two executives of a New Jersey based energy company have been indicted in a $3 million fraud scheme, in which they allegedly used investor money to rent a mansion and lease luxury cars.
Ari Goldstein, 55, of North Caldwell, and Abbie Mandell, 51, of Bethpage, New York, are each charged in the indictment with second-degree securities fraud, second-degree misconduct by a corporate official and three second-degree counts and one third-degree count of theft by deception
Look for their pardon tomorrow.
Pardons being handed out based on payoffs would be my guess.
The cash window is open. $10m? Diddy and Sean Kingston next!
Removing the 60-vote threshold? Is this the path we should go down? Seems to me that is something fascists would do.
I assume this is sarcasm, but I’m not smart enough to know for sure. You’ve said before many times that Congress sets it’s own rules.
Congress is not in session. There can be no votes until Congress is open.
You do understand that right? There is a sign in the window that says “Closed”.
So, why are they even negotiating? What’s the point if there can be no votes?
RIP James Watson, a real scientist
For you elites that rarely if ever get into NYC I recommend Pete’s Tavern, 18th and Union Square. The food was very good, and much improved from the last time I was there which was some years ago. It’s also decorative for the holidays; it’s very festive.
RE: “What’s the point if there can be no votes?”
Hold up is the Senate, they need to be in session every day until there is a vote. Without only 7 Democratic senators voting to move to cloture, there can be no continuing resolution.
53 Republicans vs 47 Democrats.
Again a simple vote to keep the government open and pay bills. No other changes.
Chuck Schumer is holding the country hostage.
Honestly I wish these old fogies like Trump and Schumer weren’t in government. Old people are just too set in their ways they don’t believe in compromise.
But they are not in session.
You think consumer sentiment is bad now(worst in 3 years)? Just wait until people see their new premiums in the healthcare marketplace now that the subsidies are not renewing. Lot’s of people about to pay double of what they were. This especially impacts the low-income crowd.
One of the city’s top office leasing brokers was reportedly fired for comparing socialist, Muslim Mayor-elect Zohran Mamdani to Adolf Hitler and complaining about the prospect of hearing Islamic prayers coming from City Hall.
JLL Real Estate Services axed Scott Panzer after he emailed the outrageous comments to coworkers on Wednesday
8:18 I’m sure he’ll land on his feet.
I think senators will have trouble leaving Washington by plane right now given staffing shortages. Let it inspire them to reach a deal
Have you guys seen the 3D maps of where Tuesdays votes came from. I knew a lot of the vote came from NE NJ but looking at that graph..,,it’s insurmountable
d fENS, UnionCity should be your bell weather. 80% Hispanic and Trump did well there. Jack did not do so well this time. We had the Hispanic side of my family over for Halloween. I can tell you there is fear from many of them like I heard from my parents during WWII. My dad would tell me stories of the Nazis snatching you from the streets. Heard the same stories this time. Legal workers stuck in camps for months until they finally are at the end and sign anything just to get out. Kinda sucks but you aint getting those votes when you are taking legal citizens off the street.
ChiFi will dig this:
https://youtu.be/xjCgSSepzrA?si=Ne9P5Vw-6RwHUdtn
Lib-
Wait a month or so when it’s FAFSA season. Trump budget took a hammer to the student loans and grants. There will be some serious eye opening for middle class parents of college aged kids.
Daughter has been accepted at Pitt and Delaware so far, out of state tuition is insane. Waiting on a bunch of others and the financial stuff to come rolling in.
Sharp kid with excellent grades in an IB program with some AP on top of it, probably finish top 1-2% of her class, but middle of the road SAT (1350). IB program may transfer a fair number of credits depending on the school, some as much as a full year depending upon the test grades.
We will likely fall right into that donut hole of getting nothing. Fuck you, pay me.
They could make the FAFSA easier by just saying how much money can you access? Great, send it to us.