Category Archives: General

You aren’t successful enough to afford Bergen County

From the Record: First-time NJ home buyer? What today’s low inventory and high mortgage rates mean to you As if being a first-time home buyer in New Jersey weren’t difficult enough, we can now add low market inventory and high … Continue reading

Posted in General | 190 Comments

Line ’em up

From the Star Ledger (Hat Tip JB): This 2-family home on the market for $590K got 88 offers in less than a week It was a quick sell for a home in Bergen County that hit the market for just … Continue reading

Posted in General | 80 Comments

Housing market takes a beat down in April

Hat Tip ChiFi! (No, not this post, but the last two). From CNN: US home prices fall by most in 11 years but sales are down US home sales fell in April for the second month in a row and … Continue reading

Posted in General | 84 Comments

Fed to take a breather?

From the Hill: Goldman Sachs expects pause in Fed’s interest rate hikes Analysts at Goldman Sachs expect the Federal Reserve to pause its interest rate hikes this week, citing concerns about uncertainty in the global financial system spurred by a … Continue reading

Posted in General | 109 Comments

Predictions 2023!

Break out your crystal ball and let’s hear ’em! Recession / Economic Real Estate Stocks/Securities Commodities Inflation

Posted in General | 66 Comments

Clot was right

From the Star Ledger: You will soon be able to live at this N.J. mall The owners of Westfield Garden State Plaza are poised to make every shopaholic’s dream come true — you can literally live at the mall. A … Continue reading

Posted in General | 114 Comments

About your wage increase…

From Bloomberg: Rents in US Rise at Fastest Pace Since 1986, Buoying Inflation An index measuring rent of a primary residence was 0.8% higher in June than the month before, an acceleration from the 0.6% increase recorded in May, according … Continue reading

Posted in General | 81 Comments

Barry says no recession

From the Big Picture: Are We in a Recession? (No) Are we heading into a recession? According to quite a few observers, this is almost no longer a question, but rather seems to be a fait accompli. I am skeptical, but … Continue reading

Posted in General | 214 Comments

Some go up, some go down

From the Record: Bergen County home prices up 5.3% in April, while Hudson and Passaic County rise as well A typical Bergen County home listed for $679,000 in April, up 5.3% from a month earlier, an analysis of data from … Continue reading

Posted in General | 247 Comments

Ukraine Day 7

Another message from Alex in Kyiv (who is a friend from the international distilling community btw): Some news for today, the 7th day of the war. We have our pilot heroes. One of them was nicknamed “The Ghost of Kyiv”. … Continue reading

Posted in General | 105 Comments

From a friend in Kyiv

God Speed Alex! ————– Thanks for your support! We now have air raid sirens, but we are already used to this sound 🙂 Bucha, Kyiv Oblast last night This is a “wild horde” … like Batu Khan in 1200 in Ukrainian … Continue reading

Posted in General | 171 Comments

Lowball! $68 million dollar edition

From ROINJ: State’s highest-price house, a mansion in Alpine, finally sells (for $27.5 million) – Slideshow Imagine buying a house for $27.5 million – the highest price paid for a house in New Jersey in years, if not decades – … Continue reading

Posted in General | 210 Comments

Electrify the USPS? Might be the dumbest option.

If we want to reduce the carbon footprint and resource consumption of the USPS, ban junk mail instead. It’s that simple. We could probably cut the USPS fossil fuel consumption in half, at NO cost to the taxpayer. Why bother … Continue reading

Posted in General | 141 Comments

Who? Why?

From the LA Times: Joe Pesci sells extremely 1980s New Jersey mansion for $5 million  On the coast of New Jersey, an Art Deco-style mansion that screams Joe Pesci has been sold by the man himself for $5 million. The … Continue reading

Posted in General | 115 Comments

Welcome to post-covid

From NJ1015: Many NJ residents believe it’s time to move on from COVID Even as the omicron surge continues to drop, a new poll finds Garden State residents are still concerned about COVID but only to a certain point. Patrick … Continue reading

Posted in General | 122 Comments