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We Are Actually Seeing Price Reductions On Homes That Haven’t Sold

A report from Spectrum News on Massachusetts. “While a monthly payment for the typical home is still more than $100 higher this week than a year ago, George Bosnakis, executive vice president at Drew Mortgage in Shrewsbury, says low interest rates give people more wiggle room. ‘You can actually afford to bid and to overbid on houses because rates are so low and these are fixed rates,’ Bosnakis said.”

From Fox 5 Vegas in Nevada. “Brian Bonnenfant of UNR’s Center for Regional Studies has been analyzing data to help Northern Nevadans figure out what is affordable and what they can purchase. ‘The millennials that now reached that age to buy a house basically need six figures to get a detached product, either a new or an existing home,’ Bonnenfant said.”

“John Restrepo of RCG Economics came up with similar data for Southern Nevada. ‘It is a growing concern, in terms of, there’s a mismatch between housing prices, rents and incomes,’ Restrepo said, stating that the effects of Southern Nevada’s lack of economic diversity is now hurting affordability. ‘The only answer is greater income and greater wealth,’ he said, stating that many Southern Nevadans may need to retrain in new jobs or new careers with higher wages to afford living here.”

The Estes Park Trail Gazette in Colorado. “Denver metro new listings rose 24% to a little more than 7,000 single-family units, while statewide the increase was 20% to just over 12,000 homes. ‘We are starting to see a slowdown in terms of showings, offers received, and we are actually seeing price reductions on homes that haven’t sold,’ said Boulder/Broomfield-area REALTOR® Kelly Moye. ‘This is typical for July and into August so the real question of whether the market is changing will be determined in the fall. Buyers have an opportunity now to take advantage of the price reductions and slower pace and still get into the market.'”

From Westword in Colorado. “For the second consecutive year, the number-one spot of best places to live in this country went to Boulder. But Boulder’s second win of the top slot is plenty controversial, as evidenced by more than a thousand comments. Explains Gary: ‘Boulder is beautiful. It ends there. It’s full of rich pretentious college kids, with no respect for anyone or anything. On the other hand, you have the true Boulderites who don’t wash their hair or shower, and look down on you for eating anything that came from an animal.'”

“Notes Melanie: ‘I smell the peanut butter and patchouli from here.’ Suggests Emily: ‘Boulder is the most miserable white elite establishment Dem hellhole imaginable. Couldn’t get out of there fast enough. If you put Richard Branson, Elon Musk, and Jeff Bezos on the same spaceship along with the makings for a kombucha taproom,and told them to colonize the moon, they would build Boulder.'”

“But then there’s this from Craig: ‘Everyone saying Boulder sucks won’t have a problem, then, staying out of Boulder. This might be a newsflash, but there is a diverse population in Boulder from a wide variety of backgrounds. Not everyone in Boulder is white, leftist, ‘liberal,’ Democrat, or ‘rich.’ Some of us have been here a pretty long time and have seen Boulder change, almost purely from out-of-state transplants. Some of us bought our homes way before the economy and housing market became overinflated.'”

The Epoch Times. “The housing market in Orange County, Calif., is finally starting to normalize. According to Steven Thomas, author of The Orange County Housing Report, demand to purchase a home ‘has been dropping, shedding 10 percent in the past four weeks.’ The law of supply is also at work. According to Thomas, ‘The active listing inventory … now sits at 2,528 homes [in Orange County], its highest level since January. In the past four weeks, it has grown by 14 percent.'”

From NBC San Diego in California. “‘Walking through America’s Finest City shouldn’t feel like you’re in the Walking Dead,’ says Aislinn Fava. The sidewalk outside her building is as far as the 31-year-old has made it outside her apartment alone since she was attacked three weeks ago. Fava was walking along Broadway in the middle of the afternoon when a homeless man ran up from behind her and punched her in the back of the head, slamming her into the ground. She said he punched her a second time and tried to steal her purse before police arrested him. Giovanni Moore, 31, is now in jail and facing criminal charges for battery and robbery.”

“‘The thing that really freaks me out the most is that there really wasn’t anything I could do to prevent it,’ Fava said. ‘I couldn’t have seen in coming. I didn’t exchange words with this guy. Nothing. It was so bizarre, so random, that’s kind of the freakiest part.'”

“Fava shared her experience on social media and the comments came flooding in. Below are just a few examples: ‘…East village is a war zone for women. I had an incident near Albertsons last year. I pepper sprayed him to get him off of me…’ ‘…I work on India St and I have seen so much aggressive behavior from them such as dancing with a knife and wielding it at people…’ ‘…I had a homeless woman charge at me, screaming obscenities…'”

“The same week of Fava’s attack, a City Heights surveillance camera captured the moment a homeless man struck another man from behind with a skateboard. Police say the suspect did it again to another random victim just minutes later. Fava just hopes to see changes soon – saying for many living downtown, dodging human feces while walking your dog or constantly fearing an attack from a stranger is now a daily routine. ‘This dysfunction has become the norm and it’s really unacceptable,’ Fava said.”

The Federal Way Mirror in Washington. “Passions boiled over at Thursday night’s town hall as the discussion focused on some attendees’ opposition to the potential of King County’s Health Through Housing program coming to Federal Way. Federal Way Police Chief Andy Hwang said homicide rates in King County are sparking with a 36% increase in the first three months of the year. The department has nine officer vacancies. ‘It’s been a really challenging year for us in law enforcement,’ he said. ‘It’s also been a very violent year for us in 2020.'”

“Federal Way is averaging about 50 reported burglaries a month, he said. Later this month, new police reform laws go into effect and will change operations. Going forward, Hwang said, there will be a decline in police pursuits unless probable cause of a particular violent crime is developed. Physical force will no longer be used on shoplifting suspects without probable cause, he said for example.”

“In terms of felony drug possessions, a person caught with drugs will be given two warnings before action is taken, Hwang said. There is no statewide warning database, he said, so an individual could receive two warnings in several different cities without getting a third strike for drug use or possession. Leo Flor, King County Director Department of Community and Human Services, said prior to the pandemic, there were an estimated 12,000 homeless individuals with 6,000 of them living outside. ‘We have every reason to believe that number has increased dramatically over the last year,’ Flor said.”

“Flor listed the contributing factors found to cause homelessness, such as housing that is too expensive or people don’t make enough money. But crowd members cut him off with murmurs of ‘drugs.’ Another speaker, Marita Rosales, said she lives four houses away from the Extended Stay hotel and often walks to work. In recent months, her children have warned against her walking alone in Federal Way, she said. One speaker said they see the Health Through Housing hotels as re-branded safe injection sites.”

From CBC News. “Canadian real estate prices have started to come down from the record highs seen in March. The Canadian Real Estate Association said home sales have now fallen for three months in a row after setting an all-time high in March 2021. ‘While there is still a lot of activity in many housing markets across Canada, things have noticeably calmed down in the last few months,’ CREA chair Cliff Stevenson said. ‘There remains a shortage of supply in many parts of the country, but at least there isn’t the same level of competition among buyers we were seeing a few months ago.'”

“Dawn Granley said she loves the Cochrane area and would like to buy something similar to her existing bungalow, but with a bit more garage space. She’s thinking of selling but is worried about what might happen if she does. She has friends who sold and weren’t able to buy back in. She’s heard other stories of houses selling sight unseen, so she’s reluctant to dive in until things calm down.”

“‘It’s a double-edged sword,’ she said. ‘Yes we’ll get more money for our house but at the same time … it’s like we’re gambling to sell this house. We may not be able to find anything comparable to live in for even the same price, which makes no sense to my brain.'”

The Globe and Mail. “Lumber prices have crashed in a short time span, taking only eight weeks to tumble 70 per cent from record highs as the party ends for forestry companies. ‘The deep slide from record-shattering levels extended to an eighth week, with triple-digit price drops common across all framing lumber species,’ Random Lengths said in its newsletter. ‘Despite the growing threat from wildfires in Western Canada and the Pacific Northwest, any sight of a bottom remained elusive for many producers.'”

“On the Chicago Mercantile Exchange, prices for lumber futures for September delivery have fallen by two-thirds since reaching a record high on May 10. The lumber craze has quickly dissipated since mid-May. Instead of wood shortages, the scene has changed to one of ample supply amid softening demand. ‘Western Canadian sawmills slashed their prices again this week as apathetic buyers continued to generate tepid demand at best,’ said Madison’s Lumber Reporter, a Vancouver-based industry newsletter.”

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This Post Has 110 Comments

  1. ‘I smell the peanut butter and patchouli from here’

    ‘Walking through America’s Finest City shouldn’t feel like you’re in the Walking Dead’

    San Diego is a socialist sh$thole Aislinn.

    1. Unknown Fact.
      Old Town San Diego is home to two (2) homeless-Hotels. Chock full of violent homeless who regularly attack business people in the area, light fire to surrounding buildings, and fill licorice containers with poop.

    2. The news video clip in this San Diego piece depicts someone getting struck from behind by a vibrant with a skateboard is unreal, a full on horizontal swing striking with the narrow edge!

        1. Calling these monsters “vibrants” is too charitable. They are Orcs, plain and simple.

          1. I’ve got to see that movie, never did. I know I read The Hobbit on a trip. When I was a kid I did a nine week backpacking tour of Europe and the British Isles. We were on a ferry from Ireland to France and the weather was bad, so bad that if you took a step the ferry’s floor rose to meet your foot. Everyone was throwing up everywhere. It was a nightmare. I was eating french fries (don’t know why I escaped) and having a conversation with an Irish guy who asked where I was from, told him NYC and he went on and on about crime, Central Park, bang bang. I asked where he was from – Belfast 🙄

      2. So riddle me this, MSM editors: If a vibrant uses a gun to attack someone, then it’s reported as “gun violence,” but if the same vibrant whacks a “random” victim [per the MSM] with a skateboard, how come the MSM doesn’t call that “skateboard violence”?

        One of these things is not like the other….

        1. how come the MSM

          They have a huge advantage over you. Your adherence to logic is a weakness in the game they play.

  2. ‘for many living downtown, dodging human feces while walking your dog or constantly fearing an attack from a stranger is now a daily routine’

    The only place I’ve ever seen this myself was in a Mexico border town. And it was just one. This is all over the country now.

    ‘‘Boulder is beautiful. It ends there. It’s full of rich pretentious college kids, with no respect for anyone or anything. On the other hand, you have the true Boulderites who don’t wash their hair or shower’

    “I hate this part of Austin.”

      1. In the NYC Death Wish 70’s, even navigating the streets was a real adventure, especially as a young girl. From friends and relatives’ reports, it seems much worse this time.

  3. ‘Denver metro new listings rose 24% to a little more than 7,000 single-family units, while statewide the increase was 20% to just over 12,000 homes’

    Wa?

    ‘We are starting to see a slowdown in terms of showings, offers received, and we are actually seeing price reductions on homes that haven’t sold’

    Always happens at the same time. Why? Because most people are gambling with borrowed money, waiting to hit the jackpot on that sweet equity.

    1. Absolutely! There are even price reductions happening in the SF Bay Area in Northern California. They started at the higher end and are now trickling down. THANK GOD I went on a buyers strike; it brings me pure joy watching these greedy homeowners and real estate agents start to scramble.

      Real Estate Agents are culpable. They advised clients to over bid by hundreds of thousands, and to waive everything including inspections and appraisals. How can they even pretend to be working for the buyer and then set them up for potential financial disaster. They are jokes and liars.

  4. ‘The only the only answer is greater income and greater wealth’

    Why didn’t I think of that John?

    ‘many Southern Nevadans may need to retrain in new jobs or new careers with higher wages to afford living here’

    That’s right, we’ll all upgrade our skillz so we can live in that gotforsaken desert!

    1. The full quote is for affordable housing.

      The only answer is higher interest rates, get government completely out of the mortgage business, 20% down, enforce GAAP/Fraud laws and make banks eat their bad loans.

      Presto…affordable housing.

      And a FYI to the author. Giving out free government debt doesn’t equal WEALTH.

      “Nevada’s lack of economic diversity is now hurting affordability. ‘The only answer is greater income and greater wealth,’

      1. The only answer is higher interest rates

        If sensible people were in charge, this would have already happened. Unfortunately, sensible people are not in charge.

        And the bigger sovereign debt grows worldwide, the less likely lower interest rates will be.

    2. gotforsaken desert!
      Even my husband, who I’ve always said would prefer to die and be buried in the backyard rather than move, wants to leave here. It’s changed so much in 15 years.

  5. ‘there will be a decline in police pursuits unless probable cause of a particular violent crime is developed. Physical force will no longer be used on shoplifting suspects without probable cause, he said for example’

    ‘In terms of felony drug possessions, a person caught with drugs will be given two warnings before action is taken, Hwang said. There is no statewide warning database, he said, so an individual could receive two warnings in several different cities without getting a third strike for drug use or possession’

    I wonder what will happen next?

    1. “‘In terms of felony drug possessions, a person caught with drugs will be given two warnings before action is taken …'”

      From the net …

      “Felony: a crime, typically one involving violence, regarded as more serious than a misdemeanor, and usually punishable by imprisonment for more than one year or by death.”

      Lol.

    2. I can’t forsee any problems.

      In fact, this could reduce crime because criminals will be talking more with social workers and see better ways to spend their time…

        1. violence interrupters

          Isn’t that what vibrant on vibrant violence is? One gang banger shoots another gang banger, and then the shooting stops.

          1. Citizen! The scenario you described is “gun violence.” Referring to the race of the gunman is heresy that is an implicit challenge to The Narrative which maintains that guns are of their own volition going forth and killing random people. Go and sin no more!

    3. The attitude in many places now is to avoid arresting people for low level crimes. However, high level criminals also routinely engage in low level crimes. Disrupting low level criminals gets high level criminals looking over their shoulder or in jail, where it’s harder to offend, and encourages low level criminals to avoid progressing further in crime. This is not a new concept.

      The cognitive underclass, both black and white – commits an excessive number of low level crimes. That underclass is in control of some metropolitan areas and so you see what we have today. And for a variety of reasons, they feel law and law enforcement are a greater burden than the crime which results from a lack of law and enforcement. “Ghetto-ization” is one term for it.

    4. I wonder what will happen next?

      I’m gonna go way out on a limb and say that all categories of crime are going to skyrocket.

  6. ‘She’s heard other stories of houses selling sight unseen, so she’s reluctant to dive in until things calm down’

    ‘Yes we’ll get more money for our house but at the same time … it’s like we’re gambling to sell this house. We may not be able to find anything comparable to live in for even the same price, which makes no sense to my brain’

    Somebody is a lion Dawn.

  7. My daughter came over to our small apartment last Thanksgiving and an hour after she left called us, crying, and said “I just tested positive for Covid.” I posted about it here at the time. My wife and I self quarantined for 14 days, took loads of vitamins, and never got sick or tested positive for Covid ourselves. My daughter decided against getting the “jab” as she’d already had Covid and felt like she was either immune or that it would be mild if she got it again. Yesterday she told us she just got an antibody test done and it was negative, which according to her, means she never had Covid. I haven’t bothered to research it.

    We are in the process of looking for a SFH for rent – we need more space as our Covid-yes-well-maybe-not daughter is moving back in with us as she can’t afford to rent anything on her own. The combination of sky high rents and past poor financial decisions are an insurmountable double whammy even though income wise, she’s better off than most her age and works her butt off. Always has.

    That feeling of constantly treading water so to speak, with your nose occasionally submerging, to me is the worst part of being in a bad way financially. High debt and prices that constantly move higher faster than your income does, is a constant presence that has a negative impact in your daily life and future plans.

    A lot of it is due to bad personal decisions. Some of it isn’t. My wife and I have been debt free for 15 years or so. We haven’t had a car payment in longer than that. By choice, not necessity. I would never willingly go back to being in crushing debt. I’ve tried to convince my daughter to avoid debt every chance I get but it’s a losing battle when your one voice against a constant barrage of advertising, easy debt, and friends with brand new cars.

    Zero point to this post, just felt like typing it out. Happy Sunday.

    2. “My daughter came over to our small apartment last Thanksgiving and an hour after she left called us, crying, and said ‘I just tested positive for Covid.’”

      Covid: A disease so serious that people need to be tested in order to find out if they have it.

    3. “I’ve tried to convince my daughter to avoid debt every chance I get but it’s a losing battle when your one voice against a constant barrage of advertising, easy debt, and friends with brand new cars.”

      Youth: A human quality that is generally wasted on the young.

    4. “Zero point to this post, just felt like typing it out.”

      Not at all a zero post. I, for one, am glad you posted.

    5. Sorry about your daughter, she may still learn about $$$ , with time …..The one thing I have noticed over the years, is that those who manage to save a little, keep a rainy day fund ,etc, almost never seem to need to use it, while those who live paycheck to paycheck, every last dollar ,are in constant emergency mode, seemingly one crises after another, they are the ones we call the ‘Poor” ,but may have high incomes…………

      1. “Sorry about your daughter, she may still learn about $$$ , with time …..”

        In the meantime I will try to exploit her to the max.

        “The one thing I have noticed over the years, is that those who manage to save a little, keep a rainy day fund ,etc, almost never seem to need to use it …”

        I hate these people.

        “… while those who live paycheck to paycheck, every last dollar ,are in constant emergency mode, seemingly one crises after another, they are the ones we call the ‘Poor” ,but may have high incomes…………”

        Yep, another group I try to exploit to the max.

        Pukes work, bankers reap. God’s Plan.

    6. “she’s better off than most her age and works her butt off. Always has.”

      Sounds to me like she had good parents.

    7. Sod, this may turn out to be a blessing in disguise. Your daughter will be able to save up some money (though she could help with rent and utilities), and your family can remain closer for awhile. There is nothing wrong with living in a multi-generational home. That’s been the norm for most of human history. I think that the habit of shoving kids out the door when they turn 18 was started for capitalism. Think of all the new housing units, appliances, furniture, even cars, etc. that needs to be purchased as a result.

      You are right about the depressing situation that young people find themselves in these days. It’s always been hard when you’re young and starting out in life, but it’s unreal to see what young people are dealing with these days, especially when you add the virus lockdowns, vaccines, etc., to the mix.

      Best of luck to you and your family, and may you all enjoy your time together.

    8. I like personal commentaries. Where else do we have to go? Most have not had bad housing luck, and will blast us with their vast wisdom on other sites.

      My two sisters did a call with me yesterday, the wealthy one finally wants to help out the unlucky one now she is in her 60’s…and help her buy a small home. I told them I was not a good person to talk to, I have most of my prospective down payment money in an inverse real estate fund that can only go up if housing tanks. And worse, its lost 25% of its value so I’m neither an expert or lucky. But this is the sword I’ve chosen to fall on.

      Kind of looking forward to being dead in around 25 years. No housing issues are being reported in NDE accounts. I realized I’ve spent most of my adult life dealing with being on the wrong side of housing waves…starting even with how my parents and sold/split the house at the bottom of the crash of 1990/1991.

    9. 🙂👍 My daughter would prefer living on her own. We wouldn’t stop her but we’ve both told her it will cost more than she thinks and she can kiss her savings goodbye.

    10. “…daughter is moving back in with us as she can’t afford to rent anything on her own. The combination of sky high rents and past poor financial decisions are an insurmountable double whammy even though income wise, she’s better off than most her age…”

      This right here is why many in the younger crowd have decided to forgo employment; it’s simply not worth it. Eventually the fed’s board of governors will catch on.

      1. it’s simply not worth it

        Especially if you’re getting $700-800 a week in free money.

  8. Happy Sunday to you to.
    Your story proves PCR test was a false positive for your daughter. How often did people lock themselves up for days in fear thinking they had Covid over this bogus test.
    These goons pulling a scam like this on the World.

  9. “including by extending the foreclosure moratorium for federally-backed mortgages by a final month, until July 31st.”

    Through no fault of my own
    By jeff

    I was given the Loan
    Through no fault of my own
    But when I couldn’t pay
    They said I couldn’t stay
    I had no where to go
    But then what do you know
    You see it wasn’t just me
    We can all live for free
    The pandemic passed?
    Well you can just kiss my @ss
    Cause I was given the Loan
    Through no fault of my own

    FACT SHEET: Biden-Harris Administration Announces Initiatives to Promote Housing Stability By Supporting Vulnerable Tenants and Preventing Foreclosures

    JUNE 24, 2021
    •
    Today, the Biden-Harris Administration is announcing a number of steps to keep people in their homes by protecting renters and homeowners who are still experiencing shocks from the pandemic and its economic fallout. Following the CDC’s decision to extend the eviction moratorium for one final month through July 31, 2021, the Administration is announcing a series of actions to help state and local governments prevent evictions. The Administration is also taking action to stabilize homeowners and support a return to a more stable housing market, including by extending the foreclosure moratorium for federally-backed mortgages by a final month, until July 31st.

    https://www.whitehouse.gov/briefing-room/statements-releases/2021/06/24/fact-sheet-biden-harris-administration-announces-initiatives-to-promote-housing-stability-by-supporting-vulnerable-tenants-and-preventing-foreclosures/

    1. That Salem house is gorgeous. They don’t build them like that anymore. It’s expensive, and it needs a lot of work, but it’s a magnificent house.

      1. That place just screams Air B&B, or small event venue. You could put a lot of brides down that staircase. The owner could live in the in-law suite while renting out the house.

      2. “That Salem house is gorgeous.”

        Indeed. Too bad that’s so close to the sidewalk. I prefer being setback at least 30-ft.

  12. My apologies if this was already discussed here, but I think it’s vital to pay attention to what the Great Reset (WEF/Davos) crowd has in store for us.

    It looks like the next phase will see two trends. They will use the “climate crisis” to justify more authoritarian control over our daily lives, and they will use the “cyber crisis” to push for more and more invasive technology to surveil and control all of our activities.

    Welcome to the Cyber Polygon.

    https://sociable.co/government-and-policy/cyber-polygon-great-reset-centralized-power-surveillance/

    1. Hi CA renter,

      The Great Reset crowd are definitely advancing their Agenda with their Puppets in the World Governments.
      Every times I see that nut Klaus Schwab talk its like watching the reincarnation of Hitler, Stalin or Mao.

      Klaus Schwab is just a big figurehead for these Entities trying to take over the World , but he’s a wacko no question . You will eat bugs, have nothing and like it.

      1. yea water I believe in CA they will have to pipe it from farther North.

        At first it wont fly but eventually … as the world starves.

        I imagine the Chinese will build it after they buy CA

        1. “I believe in CA they will have to pipe it from farther North.”

          Desalination. There are several coastal desalination plants that have been mothballed for future use. Municipal and industrial water users can afford it, but not agriculture.

    3. They don’t even need Climate Lockdowns: Australia is under house arrest again, for trivial infection numbers. As long as people are willing to put up with this, it will never end.

      I do expect gas prices in the US to reach unprecedented levels, which of course will hurt the poor. The EU wants ICE car sales to end by 2035, which mean carmakers will start ramping down production long before then. Can’t afford an electric car? Gee, that’s too bad.

      The EU also wants to heavily tax jet fuel. Bottom line, they don’t want you to travel: sorry Ryanair and Easyjet, it was nice knowing you. If the UK has half a brain, they won’t increase the fuel tax.

    1. I find it amazing there are still people out there who believe all the lies. If America has one industry left that is still the envy of the world, it is Hollywood. BTW, the alleged ISIS atrocity videos from back in the Obama years were also done in front of a green screen. The folks in charge of all the hoaxes must believe a little white lie is done for the “greater good”, whatever that may be.

        1. John McCain was only 8 years old then, so unless he was a prodigal child, the green screens came later. More seriously though, a journalist found clips from the ISIS green screen filming hoaxes on the laptop of a McCain staffer. You can find it on YT of all places. Strangely enough, the ISIS atrocity videos ceased once Johnny Mac fell ill. Was he the mastermind behind ISIS?

  14. Did you vote and support for democrat marxists and the defund the police movement and their Soros DAs?

    So, yeah, ya did.

    “‘The thing that really freaks me out the most is that there really wasn’t anything I could do to prevent it,’ Fava said. ‘I couldn’t have seen in coming. I didn’t exchange words with this guy. Nothing. It was so bizarre, so random, that’s kind of the freakiest part.’”

    1. Did you vote and support for democrat marxists and the defund the police movement and their Soros DAs?

      They just don’t see the connection, do they?

  15. But it is so woke and diverse with democrat marxists in complete power.

    It should be a paradise!!!

    At least no whites holding doors open for you…

    ” …East village is a war zone for women.”

      1. Sliwa
        Agree, he’s would be the only one who would actually do something.
        I used to listen to him all the time when he was on with Kuby. Lynn Samuels used to drive me up a wall.

          1. This article is from 1972. Think of the advances made in technology since then …

            https://cryptome.org/jya/nsa-elint.htm

            (snip)

            “The following interview tells us a great deal about both sides of the NSA mission — everything from how Agency people feel about themselves and the communist ‘enemy’ to the NSA electronic breakthroughs that threaten the Soviet-American balance of terror. We learn for example that NSA knows the call signs for every Soviet airplane, the numbers on the side of each plane, the name of the pilot in command; the precise longitude and latitude of every nuclear submarine; the whereabouts of nearly every Soviet VIP; the location of every Soviet missile base; every army division, battalion and company — its weaponry, commander and deployment. Routinely the NSA monitors all Soviet military, diplomatic and commercial radio traffic, including Soviet Air Defense, Tactical Air and KGB forces. (It was the NSA that found Che Guevara in Bolivia through radio communications intercept and analysis.) NSA cryptologic experts seek to break every Soviet code and do so with remarkable success, Soviet scrambler and computer-generated signals being nearly as vulnerable as ordinary voice and manual morse radio transmissions. Interception of Soviet radar signals enables NSA to gauge quite precisely the effectiveness of Soviet Air Defense units. Methods have even been devised to ‘fingerprint’ every human voice used in radio transmissions and distinguish them from the voice of every other operator. The Agency’s Electronic Intelligence Teams (ELINT) are capable of intercepting any electronic signal transmitted anywhere in the world and, from an analysis of the intercepted signal, identify the transmitter and physically reconstruct it. Finally, after having shown the size and sensitivity of the Agency’s big ears, it is almost superfluous to point out that NSA monitors and records every trans-Atlantic telephone call.”

            IMO the article merits a full read.

          2. IMO the article merits a full read.
            Sounds interesting, will have a squint 👀.

            I’ve stopped worrying about privacy anymore. I figure that ship has long since sailed. That said, I’m glad I never joined Facebook, though I hear they gather info on you anyway.

          4. “The end of the Cold War has not, apparently, brought an end to the [NSA’s] Echelon eavesdropping system,” a state-funded Russian daily, the Rossiyskaya Gazeta, complained last month. “This system has become a weapon of ‘economic warfare.‘”

            Everything is fair in love and war.

  16. ‘You can actually afford to bid and to overbid on houses because rates are so low and these are fixed rates,’ Bosnakis said.”

    There’s a special place in hell for these lying, mendacious realtor scum who prey on the stupid and gullible.

  17. ‘The only answer is greater income and greater wealth,’ he said, stating that many Southern Nevadans may need to retrain in new jobs or new careers with higher wages to afford living here.”

    No, John. The answer is to end the Fed and replace fake Yellen Bux with real money backed by gold & silver. That would put a quick end to these insane asset bubbles and speculative manias.

  18. Buyers have an opportunity now to take advantage of the price reductions and slower pace and still get into the market.’”

    Hey realtor scum, why is “now” ALWAYS the right time to buy, no matter how many red flags are popping up?

  19. Never have they produced the so called Utopia promised under Communism. Its just a excuse for a Dictorship .
    A Hitler type of fascist dictorship is just as bad. In both cases your giving up your freedom for the collective , under a dictorship.

    That is why the rights of the individual ,that was the basis of this Constitutional Republic , was such a advancement from the World History of Dictorships .
    Unelected Entities that stole the Election, and put that treasonous Puppet Biden in the WH, are advancing their agenda of a Dictorship by Private Party One World Order Monopolies and Rich Families.
    No doubt that Big Pharmacy and Bill Gates want a dictorship of forced vaccines every 6 months or so and you can’t even question this outrageous Medical fraud being used as a weapon of control and mass destruction.
    Delta is a total fraud and will be used to bring on more lockdowns within 2 months . You didn’t think they were going to let Society get back to normal did you? All data other than their fraudulent narratives they are going to censor .
    The entire Medical establishment of Drs and nurses and front line workers must rebel in big numbers. Do you want to use the excuse that you were just following orders when you know this is one big fraud that has already killed a bunch of innocent people? How do you like your job now that its carrying out the orders of a Nazi like harm to innocent humanity.?
    Rebellion taking place in UK and France by protectors they aren’t even reporting.
    Biden Administration is willing to harm US Citizens for the murderous agenda of a One World Order of psychopaths . So obvious now, can’t be denied.

    1. Wiz, you are 100% spot on. See my comment about the Cyber Polygon, above. The Great Reset crowd are clamping down on our internet communications under the guise of “cyber security.”

      It also looks like they are preparing to transition to their digital currency; they are now going after cryptocurrencies as being part of the cyber threat infrastructure. But I’ll bet some will say that “nobody saw this coming.”

      We should go (nearly) full Luddite. Disconnect all surveillance (what they call “smart”) devices and be rid of them forever. Those of us who are old enough can remember what life was like before the digitization of everything. With very few exceptions, things were better and more resilient then. We need analog, redundant systems, and every electronic device and component should have mechanical on/off switches, too.

      1. CA renter,

        The Big Reset Spokespeople already are talking like they rule all these Countries, including the US. Gates, Soros and Klaus Schwab are truly psychopaths and that is evident by what they say, which is outrageous. Truly dangerous Villains with a agenda of mass destruction and murder.
        They are the biggest threat to the Globe at this point . Seriously, billions have to rebel .

        1. I’m not too worried about them. Most of these folks are 80+. The problem is brainwashed youngsters like Madam Circle Back. They will be around for a long time.

    2. A Hitler type of fascist dictorship is just as bad.

      FWIW, before he started the war, Germany was very prosperous. So while you also had no rights, at least there were no breadlines.

      1. In Colorado,
        Believe me I have noticed the point your making about no bread lines and more prosperity under Hitler at first. Under Stalin, about 2o million deaths by starvation alone.
        But in the final analysis fascist and Communist are both a collective ideology where the individual gives up for the State under a dictorship.
        But did more people die under Communist? Yes.

  20. I won’t clog up the comments with individual replies, but I appreciate the response to my post above. Thanks. We’ll try to make the best choice we can and move on, and it very well may be a blessing in disguise, I hope that’s the case. My wife is excited about living with our daughter again so early indications are it may work out just fine. It’s my daughter’s cats and our dogs that I’m worried about 🙂

    Saw this comment on YT earlier, I don’t live in ATL so I can’t tell if this is meant to be funny or serious, or both. Not sure what’s left after you eliminate all that:

    When renting in atlanta area
    Picture a clock… avoid 1 o clock to 8 o clock. Outside the perimeter. Avoid all that. Inside the perimeter… avoid everything south of the 20

  21. Posting from the summit of a 14,000+ foot mountain in the Sawatch Range, no matter how high you hike, Realtors are still liars.

      1. If you shout “Realtors are liars” from the summit of some 14ers, the echo will come back as “And every closing is a crime scene.” Fact!

  22. John McAfee may or may not have been suicided, but he was most definitely lied to by realtors. I don’t understand these high-flying FBs like Nicolas Cage and Johnny Depp. Don’t you clowns have accountants?

    EXCLUSIVE: John McAfee was BROKE when he died behind bars in Spain after blowing his $100 MILLION fortune on ‘bizarre’ mansions, says author who collaborated with him

    https://www.dailymail.co.uk/news/article-9796559/Once-worth-100M-John-McAfee-broke-died-bars-Spain-friend-says.html

  23. ‘You can actually afford to bid and to overbid on houses because rates are so low and these are fixed rates,’

    Bloomberg
    The Real Lender on Your Mortgage Could Be the Federal Reserve
    The Fed is scarfing up a large share of all newly issued mortgage-backed securities.
    By Peter Coy
    July 1, 2021, 2:00 AM PDT

    Why, again, is the Federal Reserve adding $40 billion a month to its holdings of mortgage-backed securities when the mortgage market doesn’t seem to need any federal assistance?

    After all, the national average for a 30-year fixed-rate mortgage loan is 3.02%, according to the latest survey by mortgage buyer Freddie Mac Corp. That’s up only a bit from the less than 2.7% in January and February, the lowest in records going back to 1971. Cheap loans are fueling a historic rise in home prices that’s making homeowners rich on paper but crushing would-be first-time buyers: The S&P CoreLogic Case-Shiller index of U.S. property values climbed 14.6% in April from a year ago, the biggest gain in data going back to 1988.

    When you get a loan from a bank or a nonbank lender, there’s a good chance it will be packaged into a mortgage-backed security and sold to investors, and there’s a good chance the ultimate holder will be the Federal Reserve. Which means the Fed could be financing your mortgage. In the week ended June 23, the Federal Reserve owned $2.35 trillion in MBS, according to the Fed’s H.4.1 statistical release. The Securities Industry and Financial Markets Association (Sifma) reports there were $8.44 trillion in the securities guaranteed by Fannie Mae, Freddie Mac, or Ginnie Mae at the end of 2020, meaning the Fed owns more than a quarter of the MBS market.

    The Fed bought 47% of the net issuance of MBS in the fourth quarter, if you go by its $120 billion quarterly increase in holdings and Sifma figures showing that the total of outstanding MBS grew by $257 billion. True, not all mortgages are packaged into agency securities the Fed buys. The government-sponsored enterprises’ share of first-lien mortgage originations in the third quarter of 2020 was 61.9%. That share fluctuates, as does total issuance. Back of the napkin, though, multiplying 47% by 62% gives you about 30% of the overall U.S. mortgage market being financed by the Federal Reserve.

    On June 29, Federal Reserve Governor Christopher Waller said it might be time to start cutting back on the Fed’s support for housing. “I think it’s an easy sell to the public,” he told Bloomberg Television. “The housing market is on fire. We should think carefully about doing MBS purchases, and if we were to taper those first that wouldn’t necessarily be a big issue.”

    Fed Chair Jerome Powell is trying to keep the Federal Open Market Committee united behind continuing to buy MBS and Treasuries as a way to hold down interest rates and promote economic growth. The recovery, he says, is incomplete. The U.S. still had 7 million fewer people employed this May than in February 2020, before the pandemic struck. But he hasn’t done a wonderful job of articulating why buying MBS is the right medicine for the economy. It is not, he says—not—a way to support the housing market. Read this somewhat confusing excerpt from the Fed’s official transcript of the FOMC press conference in April, where Powell responds to a question from Greg Robb of MarketWatch:

    CHAIR POWELL: Yes. I, I mean, we’re—we started buying MBS because the mortgage-backed security market was, was really experiencing severe dysfunction, and we’ve sort of, sort of articulated, you know, what our exit path is from that. It’s not meant to provide direct assistance to, to the housing market. That was never the intent. It was really just to keep that as—it’s a very close relation to the Treasury market and a very important market on its own. And so that’s, that’s why we, we bought as we did during the Global Financial Crisis. We bought MBS, too. Again, not, not an intention to send help to the housing market, which was, which was really not, not a problem this time at all. So—and, you know, it’s, it’s a situation where we will, we will taper asset purchases when the time comes to do that, and those, those purchases will come to zero over time. And that time is not yet.

    A better argument might have been, “Look, we’re a big player, so we try to spread our money around. Yields on Treasuries and MBS are linked, because investors choose between them. Buying MBS helps hold down interest rates on Treasuries and vice versa. All kinds of other interest rates consumers and businesses pay are pushed down when we buy Treasuries and MBS.”

    Or something like that. A market intervention as big and enduring as the Fed’s in housing finance requires a strong and understandable justification.
    …

    1. Dumb question of the day:

      How does pumping money into the mortgage market create jobs? The homeowners I know whose circumstances are not forcing them to move are happy to HODL indefinitely, so long as home prices are rising at double-digit rates of appreciation. And at least some families we know who have sold and left the state are REIC workers whose work has dried up due to high prices snd low inventory.

      2. How does pumping money into the mortgage market create jobs?

        Powell’s answer to this in a press conference was that the Treasury and MBS markets were somehow linked, that “smooth functioning” in one led to smooth functioning in the other, and thus the MBS market support.

        The central bank is first and foremost, designed to guarantee the government has funding. Today one means to that end is a large and extractive financial sector.

        1. The central bank is first and foremost, designed to guarantee the government has funding. Today one means to that end is a large and extractive financial sector.

          And today, it seems to me, it is the personal piggy bank of both entities, to allow them to seize national wealth quietly and without any political interference.

          1. Certainly true when the interest rates of sovereign debt, aka Treasurys, fail to keep up with inflation.

  24. In summary , the evidence is coming out now that the most vaccinated Countries are getting the biggest surge in Covid cases. Dr. Malone is bringing this up. On a Military ship where they gave them all Covid vaccines and isolated them, they had the highest case count of getting Covid after vaccination , being 1 in 16.
    Great vaccine, NOT.

    1. Places with high Covid-19 vaccinated populations also have the most restrictive lockdown and closure measures. What’s happening, IMO, is that the “treatment” is making the Covid-19 infection situation WORSE! All treatments or interventions have at least three possible outcomes:
      1. The patient (or population) gets better/lives longer/ect.
      2. The treatment has no effect on the patient (i.e., it doesn’t work).
      3. The patient gets WORSE.

      It seems more and more obvious that the Covid-19 lockdowns and other draconian measures are failing miserably in those places where these harsh measures have been used the most. The idiots who are mandating them have no scientific evidence or rationale justifying their ridiculous decisions.

      1. People think the sinister plan is that they are of course using the inaccurate PCR test again to fake surges, claiming they are Delta, , and blame the unvaccinated , get more lockdowns , and more effort to go after younger and younger for the jab.
        The more they can get people to invest in this medical scam ,the more likely they can continue the scam and lock down and mask. New looting to be done, and destruction of business.and freedoms.
        People in good faith took the jab in part thinking they would bring Society back to normal again if they complied. The Delta fear campaign coming to a neighborhood near you.
        Every month they up the censorship as they up their ridiculous crimes and assaults against humanity and the laws .
        They are rebelling on the streets in big numbers in other Countries, but your not getting coverage.

        1. New looting to be done

          Consider for a moment that the profits from the so-called vaccines are chicken feed. What if the objective is to tear down society so that it can be “built back better”?

  25. I recently met some new friends that seemed nice – until the TDS started leaking out. They were hiding it well for a little while, then slowly but surely it started. I’m going to cut them out. It’s a shame. They seemed normal at first.

    2. I recently met some new friends that seemed nice

      Those were not friends, they were acquaintances.

  27. Maricopa County Refuses To Comply With Lawful Subpoenas After AZ Audit Finds Major Ballot Discrepancies

    by Jamie White
    July 18th 2021, 12:11 pm

    The Maricopa County Board of Supervisors responded to the bombshell results of the Arizona forensic audit with petulant tweets rather than refuting the findings with evidence.

    The results of the audit shared in a hearing Thursday found 74,243 mail-in ballots without clear record of delivery, 168,000 ballots were incorrectly printed, 11,000 voters were added to the voter rolls AFTER the election, and much more.

    https://www.infowars.com/

    Senator Kelly Townsend
    @AZKellyT
    Upon seeing this, it is very clear they have no intention in cooperating with the Senate. Therefore, I am asking @GeneralBrnovich to open an investigation immediately to look at the adjudicated ballots and missing serial numbers, among many other things.

    https://twitter.com/AZKellyT/status/1415810517868838913?s=20

  28. If I get a terminal disease I plan on my contribution to society to be taking at least one douchebag with me. I can’t decide between journalist, politician, banker or realtor.

    2. If I get a terminal disease

      In the meantime, living in Mom’s basement doing nothing to help anyone.

      1. There will be people who get pissed off that they were deceived and harmed . Look at the suicide rate already. The damage these psychopaths are causing comes out in so many ways.

        That being said, you can’t come down to their level and justify homicide unless your directly attacked and in defense of your life. If it comes down to a Civil War type rebellion than I guess the rules change if something like that happens.

  30. Dr Malone who was one of the original inventors of gene therapy, has been told he better get security because of his recent statements against the mass vaccination program and the lack of safety of the jabs.
    Dr. Malone in summary commented that he was just a middle class person and seemed dumbfounded about being advised he needs Security.Dr. Malone was on Tucker and gave many interviews in the last month or so speaking in a very candid manner about the dangers of the vaccines.
    Dr. McCullough is another one that needs 24/7 security IMHO .
    I’m just saying that these criminals can kill you by heart attack that’s not detectable.

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