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It’s Almost Like Buyers Are Not Jumping In With Both Feet Because They Have A Lot To Look At

It’s Friday desk clearing time for this blogger. “While the two houses of the Florida Legislature passed a bill that buys some condo associations a little more time to meet new inspection and funding mandates, industry insiders say little has been done to avert what many predict will be a crisis in the market. Condo associations dragged their feet on reserves studies — only about 44% of condo owners in Miami-Dade County, 41% in Broward County and 28% in Palm Beach completed the requirements, according to the Miami Association of Realtors. Even if condo associations complete the required work, it doesn’t guarantee value in a saturated market where others are offloading to avoid repairs. ‘There’s virtually no good news for anybody in a condo in the state of Florida,’ said Peter Zalewski, founder of Miami-based real estate consultancy firm Condo Vultures.”

“In Miami, second-home mortgage originations dropped 32.2% year over year in 2024, more than any other major U.S. metro. It’s followed by four other Florida metros: Orlando (-28.4%), Fort Lauderdale (-28%), West Palm Beach (-23.7%) and Tampa (-20.9%). ‘Most people aren’t buying vacation homes at all because mortgage rates and insurance costs–especially for waterfront homes and condos–have skyrocketed. Plus, people know they’re unlikely to earn much revenue from listing on Airbnb now that occupancy rates are down,’ said Lindsay Garcia, a Redfin Premier agent in Fort Lauderdale, FL. ‘While some wealthy cash buyers are still purchasing second homes, they are much more likely to make a low-ball offer or request concessions than they used to be.'”

“Snohomish County’s active inventory jumped 84.8% from a year ago and King County’s rose 71.3%. NWMLS noted that inventory levels are high across the 26 counties, but the pace of sales is relatively slow with spring underway. The number of active listings showed double-digit year-over-year increases in most counties, demonstrating that homeowners are primed and ready to sell, according to a NWMLS news release. ‘As the number of sellers continues to outpace buyers, it is not surprising that price growth has slowed,’ Steven Bourassa, director of the Washington Center for Real Estate Research, said in a statement.”

“A surge in available listings across Flagstaff, the Verde Valley and Prescott is reshaping the residential real estate conversation in Northern Arizona. Flagstaff is usually a seller’s market, but this year it is getting closer to a balanced market, said Gary Nelson, managing broker of Realty Executives of Northern Arizona. With inventory up, buyers have more choices now than they’ve had for the last five years. In Prescott Valley, single-family home listings are up 20% year over year, explained Kayla Stazenski, realtor and president of the Prescott Area Association of Realtors. ‘Naturally, you would see as inventory and days on market go up, it would push toward a buyer’s market, but it’s almost like buyers are not jumping in with both feet because they have a lot to look at,’ said Carissa Maxwell, designated broker of Glow Realty in the Quad Cities and Verde Valley. Maxwell predicts in the next three months appraisals are going to start coming in lower because there isn’t support for inflated prices.”

“Utahns, both local and new, said prices need to change before they start looking for their next home. ‘It’s true in Utah,’ said realtor Sam Brinton. ‘It’s expensive to buy a home here.’ He said more people are selling lately. ‘We’ve seen a little of that, the market has softened. Sellers are still keeping their prices where they are,’ Brinton said. Brinton added that while seller activity is up, sometimes those homes stay on the market longer, or they might not end up selling in the long run.”

“Jennifer Lopez and Ben Affleck’s Beverly Hills mansion has received a sizable price cut. The former couple publicly listed the sprawling 38,000-square-foot estate for $68 million in July 2024. On Tuesday, May 6, the asking price was slashed by $8 million after ten months on the market, bringing the price down to $59,950,000, real estate listings show. Lopez, 55, and Affleck, 52, purchased the property for $60,805,000 in May 2023, almost a year after they wed in July 2022. To sell at the current price would mean a relatively modest $855,000 loss for the pair.”

“Josh Schuster, who rose to prominence as a young New York City development hotshot, now faces decades in prison for allegedly defrauding investors in his projects out of more than $10M. Schuster was arrested Wednesday and charged with one count of wire fraud and one count of securities fraud, each of which carries a maximum sentence of 20 years in prison, the DOJ announced. According to the federal government’s legal filings, Schuster used investor money to fund a lavish lifestyle, including to cover more than $1M in personal credit card payments, tuition at a New York City private school and hundreds of thousands of dollars in gambling losses. Additionally, the funds went toward repaying earlier investors in a ‘Ponzi-like fashion’ and to cover unrelated business expenses and payroll, according to the DOJ indictment.”

“34 Ramblewood Dr., Toronto. Asking price: $1,595,000 (March, 2025). Selling price: $1.46-million (March, 2025). In a buyer’s market and facing stiff competition from other sellers, the owner of this four-bedroom house decided to work with the two underwhelming offers tendered after two weeks testing the waters. The home near Colonel Danforth Park sold for $135,000 below asking. ‘We did have competition with more inventory, which obviously affected our negotiations,’ said agent Dino Capocci. ‘But I did have two offers. Our concern – and why we worked with these offers – is we noticed in that pocket, a lot of houses would go up on the market for sale, don’t sell, get cancelled and relist. When you do that, then the property tends to sit. You can’t trick a buyer.'”

“With the average price of a home in the Greater Toronto Area topping $1 million, the thought of owning a tiny home may be appealing to some buyers instead. One Pickering woman liked the idea of buying a tiny home and saw one advertised on Instagram in the fall of 2023. ‘My dream was to live in the country, enjoy the quiet life. That is what I wanted to do,’ Janice Smith told CTV News. There were several locations to choose from when purchasing the tiny cottage and Smith said she chose to relocate to Ancaster, a community in Hamilton. The tiny cottage Smith purchased was being sold by Resort HQ for $257,000. The company told her she needed to put down a deposit of $54,750.”

“Smith said she was supposed to move in last summer, but in the spring of 2024, she got a call with some bad news. ‘The deal didn’t go through and there were conflicts with the municipality,’ Smith said. ‘They just dropped the deal and didn’t go ahead with it.’ Smith was told she would get a full refund of her $54,750 deposit. She received 22 postdated cheques, but they all bounced. ‘They are all [non-sufficient funds] cheques, every single one,’ said Smith.”

“The Bank of Albania has limited the loan that citizens can take to buy a house. This was announced by the Governor of the Bank of Albania, Gent Sejko, at a press conference today, who said that a ceiling was set for the loan that citizens will take to buy a house. The Bank of Albania seems concerned that the housing market may be ‘overheating’ with very high prices and large loans. If this continues, a ‘bubble’ could be created, when prices artificially increase and then suddenly fall, as has happened in other countries.”

“Realestate.co.nz said the supply of rental properties across New Zealand was at the highest level of any April in almost a decade, last month. There were 5868 new listings on the site in the month, up 24.1 percent year-on-year. The last time the number listed was that high was in April 2016. Auckland had the largest number of new listings followed by Canterbury and Wellington. Spokesperson Vanessa Wiliams said there were a few reasons for the increase in listings. Some were short-term rentals now being offered for longer terms. ‘New Zealanders weren’t travelling as much, they didn’t have as much disposable income, the Airbnbs of the world weren’t being used as much so the income of those had declined.'”

“A slower sales market also meant that investors were holding on to their properties. ‘When a big in flood of properties happened was about May last year and the reason we put it down to was – the stories around the bright-line test changing and interest deductibility changing, that started happening in January and February last year. What happened was a large portion of investors took their properties out of the rental supply to get them ready for sale and then quite quickly worked out that if they did the maths on it, if they had bought in the last couple of years they had not realised the capital gains they wanted. You saw a bit of a flood coming back into the market as rental stock when it had come off for two to four months.'”

This Post Has 74 Comments
  1. ‘While some wealthy cash buyers are still purchasing second homes, they are much more likely to make a low-ball offer or request concessions than they used to be’

    That’s the spirit!

  2. ‘Lopez, 55, and Affleck, 52, purchased the property for $60,805,000 in May 2023, almost a year after they wed in July 2022. To sell at the current price would mean a relatively modest $855,000 loss for the pair’

    Just like that Jenben, yer giving it away.

    1. I guess they forgot to include carrying costs, or opportunity cost of $5MM, and I’m sure there are no stealator fees of 2 or 3MM

  3. ‘We’ve seen a little of that, the market has softened. Sellers are still keeping their prices where they are,’ Brinton said. Brinton added that while seller activity is up, sometimes those homes stay on the market longer, or they might not end up selling in the long run’

    They are doing the right thing Sam, hold the line!

  4. ‘Condo associations dragged their feet on reserves studies — only about 44% of condo owners in Miami-Dade County, 41% in Broward County and 28% in Palm Beach completed the requirements’

    And they’ll wonder why the airbox isn’t selling. If you snapped up a unit you could get a whopping assessment any day.

    1. Procrastination is a natural human trait. Look at all the states who dragged their feet for 20 years on RealID. They asked 47 for an extension and he said No. That’s why everyone is so mad at 47, for everything. Most of this country was willing to hang out and live off the fat of printed money while other countries slowly bled us dry.

    2. They’ve had 3 years and still under 50% even did the studies??????????

      Imagine how far under they are in reserves and backlogged maintenance. These condos are worth like $10 and I don’t wanna hear any more sob stories about how they were paying $100 a month and now ti’s $3000 cuz they kicked the can down the road for 20 years.

    1. Mortgage rates are falling. Is it a good time to buy a home?
      Lower borrowing costs offer relief but economic uncertainty looms, experts say.
      By Max Zahn
      May 8, 2025, 5:13 AM ET
      • 6 min read

      Mortgage rates are falling. Is it a good time to buy a home? The current level of mortgage rates is roughly a percentage point lower than a recent peak attained in the fall of 2023.Adobe Stock

      Mortgage rates have dropped over the early months of 2025, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase.

      The housing market remains sluggish and wider economic uncertainty looms, however. President Donald Trump’s tariffs threaten to upend global trade and tip the U.S. into a downturn, experts said. Federal Reserve Chair Jerome Powell warned on Wednesday of a possible resurgence of inflation, which could trigger higher interest rates.

      https://abcnews.go.com/US/mortgage-rates-falling-good-time-buy-home/story?id=121570943

  5. Clutch those pearls harder.

    Washington Post — D.C.-area economy starts to show deep impacts of federal spending cuts (5/9/2025):

    “The D.C. region’s economy is teetering on the edge of a painful slump, experts warn, as the Trump administration’s spending cuts, including the elimination of thousands of federal jobs, take their toll on an area that was already struggling to recover from the impacts of the pandemic.”

    ^ A phony virus, with phony PCR tests, phony masks, phony vaccines, you voted for ALL of that.

    “In the city, the number of unemployed residents was up by 12.2 percent in February compared with a year ago, reaching 24,558, even before many of the Trump administration’s actions had taken effect, according to the most recent analysis by the D.C. Office of the Chief Financial Officer. New unemployment claims were up 167 percent, to 4,885.

    Last month, the bond ratings agency Moody’s downgraded the District’s rating, stripping it of its coveted triple-A bond rating and probably raising its borrowing costs. The agency cited the Trump administration’s “substantial cuts to the federal workforce” and revised D.C.’s outlook to “negative.”

    In Fairfax County, Virginia, unemployment jumped from 2.2 percent in December to 3.2 percent in March. “And we haven’t seen the worst of it yet,” said Jeff McKay, chairman of the Fairfax County Board of Supervisors, noting the lagging data.

    McKay said this economic crisis is probably the worst he has seen in 18 years on the board. “It’s neck and neck with covid,” he said. “I think it’s worse than covid because we’re not going to get any help.”

    https://archive.ph/86KyD

    That’s right, Jeff. Nobody is coming to help you, and more importantly, nobody cares.

    When seven of the ten wealthiest counties in the country comprise the DC metro (the other three are Silicon Valley), a region that, in fact, produces nothing of actual value, this confirms what you are: the Parasite Class.

    You are parasites. All of you. You will be fired from your “dream job” and your best case scenario is OnlyFans, worst case is s*ing **** on your knees in an alley to pay for rent and groceries.

    1. Are articles like this supposed to make us feel sorry for these people? Because I sure don’t.

      Washington Post — Amid DOGE cuts, families struggle with bills, consider leaving D.C. (5/9/2025):

      “More than 4 in 10 D.C. area residents who live in households that experienced a federal worker or contractor layoff, firing or being put on leave say they could not pay all their bills on time as a result, according to a poll conducted by The Washington Post and George Mason University’s Schar School of Policy and Government over the past two weeks.

      More than 1 in 5 D.C.-area residents overall say they are seriously considering moving away in the next 12 months, according to the poll. That rises to 45 percent among those who say a household member has been laid off from the federal government or a federal contractor. The poll was conducted among 1,667 D.C.-area residents from April 22 through May 4; the margin of sampling error is plus or minus 3.1 percentage points.

      More than 17 percent of the D.C. region’s employed residents work for the federal government, according to the Metropolitan Washington Council of Governments. Many more work for companies and nonprofits dependent on federal spending. The District’s chief financial officer has warned that the city could lose as many as 40,000 jobs over the next few years, which he estimates would cost the city more than $1 billion in revenue.”

      https://archive.ph/04w5i

      The article continues with a bunch of sob stories, but obviously fails to ask: How did you vote?

      Because we already know. 90+ percent of you voted for people to get FIRED FROM THEIR JOBS for not getting injected with deadly mRNA poison.

      Turnabout is fair play. You lost the 2024 election, and now you will lose everything, and deservedly so, because you are parasites.

      1. 40,000 jobs over the next few years, which he estimates would cost the city more than $1 billion in revenue.”

        Seriously? The city rakes in $25,000 per employed resident? What a crazy place. No worries though, we’ll all save about $10 billion as a result. It’s a start.

        1. Probably a “chain reaction” guestimate. They are assuming that many other people will either lose their jobs or at least have reduced incomes if the FedGov workers are let go.

          Still, $25K per fed gov worker sounds like a lot of municipal tax revenue to lose.

          1. Put up a chain link fence around the District and hang a Sorry! We’re Closed sign on it.

        2. If you factor in state income taxes, property taxes, power lunches, theatre tix, work-related incidentals like parking or dry cleaning suits, and a ton of nearby recreation vacation, that figure is not hard to believe.

          The effect of “job security” cannot be underestimated. If you know that your income is near-guaranteed, with stable increases for the next 20 years, and if you got in early on a fixed-rate mortgage with near-constant PITI, you’re good to go and live life. You know you can save a little out of your paycheck for TSP and a 529, and then blow the rest. You know you’re going to have two weeks in Bethany or Fenwick Island every summer, you know you can ski in West Virginia during Christmas week, you know all the Civil War battlefields. You can donate to your church, you can take days off for a protest. There’s very little need to plan for a rainy day if you don’t have any rainy days. Fat and happy.

          Just the act of requiring people to come back to the office 5 day/wk has thrown workers into a tizzy. They built their lives around telework, and the unions were only too happy to collect dues to fight for even more “flexibilities.” Well now they’re scrambling. My coworkers and I wonder how these teleworkers survived back in the Dark Ages of 2018.

          1. Tolstoy — Anna Karenina:

            “In the country we try to bring our hands into a condition so that we can work with them easily; so we cut our nails and sometimes roll up our sleeves. But here people deliberately grow their nails as long as possible and put on cuff-links as big as saucers, so you definitely can’t do anything with your hands.”

          2. If you factor in state income taxes, property taxes

            Property taxes are not optional. You have to pay them, job or no job.

      2. Turnabout is fair play. You lost the 2024 election, and now you will lose everything, and deservedly so, because you are parasites.

        Karma karma karma karma karma chameleon….

  6. Colorado’s Biotech Rise Comes With Growing Pains As National Headwinds Mount

    Colorado’s life sciences sector is trying to regain its footing and hold onto momentum gained at the back end of 2024 — progress threatened by federal policies and international disillusionment with doing business with American companies.

    That’s according to real estate and innovation leaders who spoke at Bisnow’s May 1 Denver-Boulder Life Sciences Summit held at the Four Seasons Denver.

    “Two weeks ago, we were ready to receive a $12M check from a Canadian venture firm,” said Afshin Safavi, CEO of Colorado Health & Tech Centers. “They called us and they said the government of Canada has told the investor not to invest in the U.S.”

    https://www.bisnow.com/denver/news/life-sciences/denver-boulder-life-sciences-federal-cuts-impact-129299

    Afshin or the investor could be a lion. But if true we need to bomb these bashtards back into the stone age.

  7. U.S. tariffs begin to squeeze Canada’s labour market, jobless rate rises to 6.9%

    Canada lost more than 30,000 manufacturing jobs last month while Windsor, Ont., saw a jump in its unemployment rate as U.S. tariffs take aim at the automotive sector and feed into economic uncertainty.

    Statistics Canada’s Labour Force Survey on Friday said employment increased by 7,400 nationally, though that figure was padded by an increase in election-related hiring. The overall unemployment rate rose to 6.9 per cent, up from 6.7 per cent in April.

    The latest jobs figures illustrate how tariffs are beginning to squeeze the Canadian economy, affecting regions and industries most exposed to trade with the United States.

    “It doesn’t take an archeological dig to realize this is a weak report,” BMO chief economist Douglas Porter wrote in a client note. “This is the first major data reading for April, and it shows that tariffs are already taking a material bite out of the economy.”

    Ontario saw the largest decline in employment, falling by 35,000, with most of those jobs in the manufacturing sector. In Windsor, a major hub for the automotive industry, the unemployment rate jumped by 1.4 percentage points, reaching 10.7 per cent.

    Stellantis temporarily laid off 3,800 workers after closing its Windsor plant for a week beginning May 5. This followed a two- week closure in April, a move the company said it made to assess the impact of the U.S. tariffs on imported vehicles.

    Since April 3, cars imported into the United States have faced a 25-per-cent tariff based on their non-U.S. content.

    https://www.theglobeandmail.com/business/article-canada-jobs-unemployment-rate-april-tariffs/

  8. Small Nova Scotian businesses halt shipping to U.S. amid tariff concerns

    When an American customer called Scott Bowers to balk about an extra $104 US charge on his $180 US purchase, the owner of the Curling Store said he wasn’t sure what to do.

    “He ended up rejecting that package,” Bowers said in an interview with CBC News.

    That left the Dartmouth businessman in a pickle because he had to issue a refund to his customer but wasn’t able to get the product returned due to the prohibitive cost.

    He said getting the delivery back into Canada would have required him to pay a shipping fee of $235 US, which he decided not to do.

    After a few more similar incidents, Bowers halted shipments to the United States.

    This comes after U.S. President Donald Trump signed an executive order last month to end an exemption that allowed small packages of goods that originated in China and Hong Kong and were worth less than $800 US to enter the U.S. tax-free. That went into effect last week.

    Bowers said an estimated 95 per cent of his products, from duffel bags to brooms, are made in China and most of his shipments to the U.S. came in below the $800 US benchmark. That meant that until recently, most of his American customers weren’t faced with extra taxes when picking up their deliveries.

    “I’m going to get customers that are not going to be aware of those charges until the product shows up at the door and they’re going to be unwilling, or unable, to pay more than double what the product is worth,” he said.

    Classy Cards Creative, based in Windsor, N.S., has also decided to stop shipping products to the U.S. Like the Curling Store, many of the stationery company’s products are manufactured in China, according to owner Cassy Collins.

    About 70 per cent of Classy Cards’ customers are based in the U.S.

    “If tariffs can come back down to a reasonable price, then we can just adjust our prices a little bit to make up that difference and ship everything over,” she said. “Either [that or] we have to put those costs onto our buyers, but no one realistically is going to pay $300 for a $100 order.”

    Collins said until the exemption is reinstated, she is thinking of setting up a drop shipping company in the U.S., so the product would be shipped directly from manufacturers to customers. She said she’s also looked into finding other manufacturers, a process that can take up to a couple of months.

    “Just the beginning of this year, our first quarter has been amazing. It just sucks that all of a sudden, everything stops, because we know people want our products, but we just can’t get them out there,” she said.

    https://www.cbc.ca/news/canada/nova-scotia/nova-scotian-businesses-halt-shipping-to-us-1.7530069

    1. So made in China, Canadian business owners are crying. So these brooms, cards etc. are better than Chinese goods sold on Amazon?
      Almost all engineering products for the industrial market has anywhere from 20 to 80% content (parts) that is made in China. Anecdotal information says, the margins are over 50% even after accounting for the administrative costs in the US.

  9. Grandmother in U.S. without documentation faces deportation after wrong turn in San Diego

    A 64-year-old grandmother in the U.S. without documentation is facing deportation after she mistakenly took the wrong exit on her way home from work.

    Ana Camero’s family says she’s currently being held at Otay Mesa Detention Center more than a month after she made the unexpected detour and ended up at the entrance to a U.S. Marines facility in San Diego.

    Camero was driving home from her job as a dishwasher at a La Jolla restaurant on April 7 when she stopped to get gas. She then drove into the Marine Corps Recruit Depot in San Diego by mistake. There, she was asked for proper identification and when she could not provide one, immigration enforcement was called, officials said.

    “It was just a wrong turn,” her daughter, Melissa Hernández, told news station Telemundo 20.

    Camero has lived in the United States for more than 20 years. Born in Mexico, she does not have a California driver’s license or any other form of identification, according to her family. A spokesperson for U.S. Immigration and Customs Enforcement confirmed Camero is in custody and currently being processed for deportation back to Mexico.

    https://www.yahoo.com/news/undocumented-grandmother-faces-deportation-wrong-190840026.html

    1. No driver’s license, no papers of any kind? for 20 years? That sounds like a lot more than “just a wrong turn.”

        1. How does her La Jolla restaurant employer pay her payroll taxes such as Social Security and Medicare, which are 6.2% and 1.45% respectively, the Federal Unemployment Tax Act (FUTA) at 0.6%, the California State Unemployment Insurance (SUI), and workers’ compensation insurance?

    2. A 64-year-old grandmother in the U.S. without documentation is facing deportation after she mistakenly took the wrong exit on her way home from work.
      Many other countries in the world would do the exact same thing. You here illegally? You gotta go.
      And driving without a license, WTF? I won’t do drive overseas because of the potential “issues” related to not have a license and therefore always take a GRAB or taxi. Most people I have met overseas, who aren’t locals, won’t drive either because they don’t have a license and don’t want to risk it.

      1. Citizens of western nations such as US, Europe will not drive in foreign countries, barring a few exceptions. However, people from south east Asian countries such as Vietnam, Cambodia, Indonesia and China will drive without a license when they live and work, legally or illegally in other Asian countries such as Japan and Singapore. If found out the penalties are severe, including deportation.

    3. Born in Mexico, she does not have a California driver’s license or any other form of identification, according to her family.

      I’ll bet she’s also uninsured, which means law-abiding Americans get to pay more for her lawlessness. GO HOME.

    4. A 64-year-old grandmother in the U.S. without documentation is facing deportation after she mistakenly took the wrong exit on her way home from work.

      Deport her wizened a$$. I don’t need her sponging off our social security system or medicare when she didn’t pay anything into the system.

  10. After 40 days in ICE detention, Alabama student Alireza Doroudi decides to self-deport back to Iran

    BIRMINGHAM, Ala. (WIAT) — Before March 25, Alireza Doroudi was a doctoral student at the University of Alabama, just finishing his degree in mechanical engineering and soon to be married.

    Now, the man who came to the United States over two years ago to chase his version of the “American Dream” will soon be going back to Iran, a choice he made after being detained by immigration officers for 42 days.

    During a master hearing Thursday afternoon, Doroudi asked an immigration court in Jena, Louisiana to allow him to deport himself back to Iran, which Judge Maithe Gonzalez granted.

    Doroudi’s decision to go leave the country comes after he was detained by officers with the U.S. Immigration and Customs Enforcement in the early morning hours of March 25 at the apartment he and his fiancee shared in Tuscaloosa to pick him up on a revoked visa. Within a couple of days, he was taken to Central Louisiana ICE Processing Center in Jena, where he has remained ever since.

    David Rozas, Doroudi’s attorney, said that during the hearing, he looked at him and said “I love this country, but they don’t want me here so I will go home.”

    Sama Ebrahimi Bajgani, Doroudi’s fiancee, previously told CBS 42 about how difficult the whole ordeal had been on both of them and how they were not keen on remaining in the U.S. anymore.

    “Even if they let us stay, we would’ve completed our degrees and we would’ve left in the earliest time,” she said. “This is not a place to live. This is not a place to live the happy life and dream. This is not the freedom and American dream that they always talk about. It’s just something that is just for a group of people, not for everyone.”

    https://www.cbs42.com/news/after-40-days-in-ice-detention-alabama-student-alireza-doroudi-decides-to-self-deport-back-to-iran/

    1. Here’s a little more from the article:

      ““The only charges brought against Mr. Doroudi were the revocation of his F-1 student visa and an allegation of ‘not being in status.’ However, the documentation submitted regarding the visa revocation made it clear that the revocation would only take effect upon his departure from the United States, not while he remained here,” Rozas said. The Department of Homeland Security (DHS) acknowledged this and indicated during the master hearing their intention to drop the charge. This acknowledges that the initial reason for arrest 45 days ago was an error.”
      Rozas said Doroudi made the decision to self-deport after Gonzalez required DHS to submit their claims in writing and refused to grant bond until it had been put in writing.”

      ———–
      Something is missing here.
      If revoking the F-1 visa in 2023 really was an error, and the 47 Admin was about to admit that and let Daroudi go, then why would he self-deport? To cut off his due process so that they could sue that they aren’t getting due process?

  11. Dozens of people gathered in San Francisco’s Mission District on Thursday to bring attention to what they claim is an uptick in open-air drug use.

    “We’re just trying to make some noise and show people we’re living on a very raw, unsafe street,” said Andrew Wickenz.

    The group gathered at 16th and Julian as they said the drug use has ramped up in recent months.

    Longtime residents said the growing fentanyl crisis means people are not only addicted but also passing out in the streets.

    “We’ve been dealing with this pretty steadily, since forever, as long as I can tell, but the drugs and the nature of the situation now is much more intense and has been in the last five or six months, I’d say,” said Todd Eng, a Julian Avenue resident. “

    Neighbors said they want the city and police to do more to enforce laws about public drug use.

    The San Francisco Police Department said it has conducted operations in the area that led to “narcotics-related arrests, but we know that is not an overnight solution.”

    https://www.msn.com/en-us/money/companies/doge-claims-at-least-117-million-in-bay-area-contract-cuts-spurring-layoffs-and-uncertainty/ar-AA1ErMTs

    1. What is up with the mismatch between the article’s title/URL and its content, lazy Real Journalists?

      Regarding the drugs, Muh Progressive, Compassionate, Etc is what you wanted. Now that you got it, you’ll just have to learn to live with it.

  12. Mayor Mahan unveils plans for police unit that will address homelessness

    San Jose Mayor Matt Mahan is proposing a “neighborhood quality of life unit” within the police department to respond to a variety of municipal code violations and prioritize enforcement of no-encampment zones.

    Mahan said the move is not about criminalizing homelessness, but instead getting people the help they need. Homeless advocates have since come out disagreeing with the move.

    “If people refuse, at some point, that could be grounds for us to say we are going to abate this site, or if there are other quality of life crimes, we may choose to charge misdemeanor crimes,” he said.

    Under the plan, if unhoused people refuse shelter repeatedly, they could be arrested.

    Mahan said the city is adding more than 1,400 beds for the unhoused and that there’s an expectation they will be used.

    The San Jose Police Officers Association said residents and businesses are tired of the lack of progress in solving homelessness locally.

    “It’s time to do everything possible to require chronic homeless individuals to accept shelter or get mental health and/or addiction treatment to get off our streets. And if that requires arresting them, then so be it,” the statement read.

    Gail Osmer, a homeless advocate, said the approach by the mayor will not work.

    “They do want to go into housing, maybe not everybody, but I truly believe it’s your approach, and having police come into their camps, that’s going to be horrible,” Osmer said. “I’m scared that police are going to be doing something they shouldn’t.”

    https://www.nbcbayarea.com/news/local/san-jose-police-address-homeless/3864680/

    1. “Homeless advocates have since come out disagreeing with the move.”

      As Gomer Pyle U.S.M.C. would say: “surprise! surprise!”.

    2. Homeless advocates have since come out disagreeing with the move.

      Of course. The Compassion, Inc. gravy train is about sustaining Democrat patronage & graft rackets with taxpayer money, not finding actual solutions.

      1. Yeah, did you see the disconnect? That homeless advocate was advocating for the homeless to stay homeless!

  13. 100s of Coloradans could be back on the streets with end of housing voucher program

    Gary Jackson’s most recent spell of homelessness happened during the COVID-19 pandemic. After being released from a more than 12-year prison sentence, his son died. He then lived unsheltered for a couple of years before his heart began to fail, which Jackson says is a direct result of his homelessness.

    These challenges made Jackson a perfect candidate for the federal Emergency Housing Voucher program.

    EHVs were created by the American Rescue Plan Act of 2021 to provide housing for the chronically homeless; people fleeing domestic violence, human trafficking or sexual assault; and families facing housing instability. About 70,000 EHVs were distributed to public housing authorities across the nation.

    Jackson’s EHV helped him get a room at the La Quinta hotel at Interstate 25 and Park Avenue in Denver while he received medical treatments for his heart condition. The EHV gave him enough stability to receive a Section 8 voucher that he’s used to rent an apartment of his own for more than a year.

    “I got the Holy Grail of housing vouchers, apparently,” Jackson said.

    In March, the Colorado Division of Housing received a letter from the U.S. Department of Housing and Urban Development saying that the EHV program is expected to run out of money by the end of 2026, four years earlier than originally expected.

    At the same time, the Trump administration has made it clear that it does not intend to continue funding the program.

    Colorado received 996 EHVs, which it then distributed to 12 public housing agencies across the state. Those public housing agencies were primarily located in Front Range counties like Boulder, Denver, Jefferson, and Adams. Cities like Fort Collins, Aurora, Colorado Springs and Littleton also received vouchers. Altogether, nearly 1,200 households benefitted from EHVs, according to federal data. There are 892 EHV units still leased, DOH spokesperson Shannon Gray told Colorado Newsline in an email.

    For public housing officials, the anticipated end of the EHV program has become a significant cause for concern. Peter LiFari, CEO of Maiker Housing Partners in Adams County, told Colorado Newsline that there is a “mad frenzy” of communication and collaboration among public housing authorities in Colorado to figure out contingency plans for the remaining EHV holders.

    Those contingency plans are complicated as Colorado leaders have already had to navigate a $1.2 billion state budget shortfall, and federal support remains uncertain. Meanwhile, advocates at the National Low Income Housing Coalition expect the Trump administration to significantly overhaul the Housing Choice Voucher program and reduce the number of available vouchers by around 200,000 in the fiscal year 2026 budget. Housing Choice Vouchers, also known as Section 8 vouchers, are the most common voucher available to people experiencing homelessness.

    One change LiFari expects the Trump administration to push for is adding work requirements to the HCV program. HUD Secretary Scott Turner said after his confirmation that the agency should work to “increase self-sufficiency and empower Americans to climb the economic ladder toward a brighter future.” A 2022 federal review of work requirement policies found that they can increase part-time employment, but the impact of the policies to “reach a level that enables self-sufficiency remains unclear.”

    “This is an appetizer from the administration to move the Overton window on work,” LiFari said.

    https://coloradonewsline.com/2025/05/08/100s-coloradans-back-on-the-streets-housing-voucher/

    1. If Colorado can find the money to give free everything to thousands and thousands of illegal invaders, I bet they can come up with a few bucks for their own citizens.

      1. One of the biggest complaints by a given Country is lack of
        reasonable paying jobs for survival, resulting in poverty and every other evil that entails.
        The basic Maslows priority of needs that make people thrive, or not.
        And its a given that just handing people free shit isn’t the answer either.
        There is of course room for charity and assistance from Government. But what I think people don’t like is when welfare becomes a racket , like in the case where a women has 7 kids with no Dads around. Or when someone like a Wal-Mart sets it up that the government is going to pay for health care because they don’t pay their employees enough.
        Its mind blowing how a Country would outsource their manufacturing and jobs , as the USA did.
        I lived during the period when we had the jobs and manufacturing here in America. But the invisible hand of the Powers that Be couldn’t stand for the example of a Country where people could have a middle class or better life style , and not be dependent on government, etc.
        Its all screwed up now on purpose.

      2. With this governor, state legislature, Denver mayor and city council, it is Americans LAST, and it always will be.

        1. Dumver is going to pay for a new stadium for the new Women’s Soccer Team. The recently announced team does not have a mascot yet. The Dumver Harridans has a nice ring to it.

    2. HUD Secretary Scott Turner said after his confirmation that the agency should work to “increase self-sufficiency and empower Americans to climb the economic ladder toward a brighter future.”

      That’s hilarious. Let’s pretend Democrat dependency voters have any desire or intent to better their own situations through their own efforts, when they can sponge off the system instead.

    3. If Gary Jackson could work a part-time job, and then still be partially subsidized for the room at La Quinta, to be honest I would call that a win… as long as he stays clean and doesn’t trash the place. It’s not quite self-sufficiency, but I can think of worse uses for tax money.

      1. You can’t work a job with heart failure. Not if it’s bad.

        ‘One change LiFari expects the Trump administration to push for is adding work requirements to the HCV program. HUD Secretary Scott Turner said after his confirmation that the agency should work to “increase self-sufficiency and empower Americans to climb the economic ladder toward a brighter future.” A 2022 federal review of work requirement policies found that they can increase part-time employment, but the impact of the policies to “reach a level that enables self-sufficiency remains unclear…’This is an appetizer from the administration to move the Overton window on work’

        Inter-tubes:

        ‘The Overton window refers to the range of ideas and policies that are considered acceptable in public discourse at a given time. It illustrates how societal values and norms can shift, affecting what politicians can propose without appearing extreme’

        Expecting bums to get a job was extreme.

  14. Advocates blame evictions on new Oregon Health Authority housing program

    Low-income people and their families in the greater Portland area are getting evicted or losing access to needed treatment instead of getting help from a new Oregon Health Authority program, advocates and others said Wednesday.

    The new state housing assistance program is intended to help people be healthy by averting homelessness, among other things. But in its first six months it has become a bureaucratic nightmare for many people as well as the social workers trying to help them, according to a coalition of 30 groups that testified at a public meeting of the state Medicaid Advisory Committee.

    When the program launched in November, providers submitted applications for rent assistance “hoping for a solution”, said Solara Salazar, who heads Cielo Treatment Center and West Coast Sober Housing, in testimony on behalf of the coalition. “Instead, we encountered an administrative collapse.”

    The problems with the program, which had been heavily touted by health officials, affects an indeterminate number of people — many of whom lost the apartments used by them and their children.

    The public outcry comes at a time when the agency, which oversees care to more than 1.4 million low-income people, is dealing with potential federal scrutiny, unexpected costs and sudden cuts in funding. It also is contemplating possibly huge additional cuts, as well as new federal barriers to care.

    The state ombuds office, which helps members of the public with problems accessing care under the Oregon Health Plan, has received 145 complaints about the housing program since January and those complaints likely represent only the “tip of the proverbial iceberg,” according to Ellen Pinney, a principal ombudsperson for the state, in a presentation Wednesday. She called it a “well-intended program … but in the tri-county area, specifically, it is turning into a nightmare for a number of people.”

    Pinney, who helped found the client assistance office in 2010, said “These are the worst cases I’ve worked in my time here. People holding HRSN approval letters saying six months of rent and utilities are covered are being evicted because providers, payers are not able to be found, because the paperwork that they have submitted and was received and allows them to be determined eligible has been lost over and over again. People who are coming back from crisis, people In domestic violence, people who are coming out of rehab, people who qualify for this program as a result of their disabilities and challenges, are being walked out of the doors of homes they have lived in, in some cases, for many years with only what they can carry on their backs, with four to six months of rent past due owed hanging over their head as debt in the future.”

    Shelly Latini, a community advocate, likened the situation to a “hamster wheel” in which applicants never get the help they were promised and were hoping for. “We’re seeing the fallout from a program that that rushed and under-resourced during the rollout. There’s also never been a consistent workflow for submitting necessary documents, no case numbers, no IDs, just chaotic floods of emails with no ways to match documents to clients,” Latini said. “Advocates, landlords and attorneys send documents repeatedly, often with no acknowledgment. It’s chaos. Just yesterday, I sent the same lease for a member that I’ve sent six times since February.”

    “Why is it so hard to access this funding? Clients and advocates alike sit three to five hours on hold just to hear, ‘we have no updates, we’re doing the best we can, and your case has been escalated.’ Court cases are piling up. Weeks and months pass without a payer, without funding. Despite countless calls and rescheduled hearings, there’s no support from CareOregon, no housing mediation with landlords and legal aid, no navigation, no intervention when housing is at risk.”

    Latini added, “These are our most vulnerable Oregonians in crisis. They’re not getting answers. My clients might only have two minutes to tell you today their story, but I assure you, there’s thousands of them like that out there.”

    One woman described herself as a single mother of three children with special needs who herself has disabilities, adding that she applied for the rental benefit in February with an eviction pending for March. The stress of trying to get help and failing contributed to estrangement from one of her children.

    “For months from when I applied and when we lost our home, I never even received a phone call,” she said. “It’s now been over 60 days since I applied. I also lost my job shortly after losing my housing due to all the stress this has caused. So now I’m unemployed, estranged from one of my children, sleeping in the basement of a church, and my kids and I are in a complete mental and emotional wreck.”

    https://www.opb.org/article/2025/05/05/portland-oregon-homelessness-low-income-eviction-health-social-workers-housing/

  15. Opinion: ‘Affordable Homes’ Shouldn’t Mean ‘Affordable Until They Aren’t’

    When we hear the words “affordable housing,” we often think of apartments or public programs. But right here in East Greenwich — and across Rhode Island — many affordable homes are condominiums. Condos provide one of the few pathways to homeownership for lower-middle-income families, retirees, single parents, individuals with disabilities.

    In East Greenwich alone, there are affordable units tucked into neighborhoods alongside market-rate homes. I live in one. When I bought my unit, I understood that a “deed restriction” meant I could not rent my home, and my home would not gain equity. I understood there were limits on its resale price. This helps keep my home affordable for the next family, and the one after that.

    Yet what I, and many buyers like me, didn’t understand is that the biggest costs to keeping my home “affordable” were the HOA fees and assessments, which, in Rhode Island, are almost completely unregulated by current R.I. condo law. Without safeguards, fees and assessments can easily outpace what low- to moderate-income homeowners can reasonably afford, putting them at risk of losing the very homes Rhode Island’s affordable housing policies aim to create.

    In many cases, affordable owners have no voice on HOA boards, which are often dominated by market-rate owners. As a result, spending decisions, like discretionary upgrades, are made without considering how they affect affordability. When fees rise and affordable owners can’t keep up, they face serious consequences with no legal recourse.

    There are an estimated 2,000 of us across Rhode Island.

    Critics claim protections for affordable owners would burden others, but that’s not true. Affordable homes are a small share of most associations. Keeping affordable owners stable avoids vacancies, lawsuits, and lost property value — risks that would harm everyone. Stability helps the entire community thrive.

    Affordability doesn’t mean affordable until it isn’t.

    https://eastgreenwichnews.com/opinion-affordable-homes-shouldnt-mean-affordable-until-they-arent/

    1. people who get “affordable” homes that they can’t actually afford to maintain. You think these boards are pocketing these fees? Insurance, repairs (the big one), maintenance, this stuff never stops and it’s always getting older. Parking lots gotta be redone, lawns mowed, snow removed, roof replaced, painted, etc, etc, etc. The list is endless

      These people just want everything given to them.

  16. Ex-New Yorkers dish on why they moved to Florida for good

    Ex-New Yorkers who have fled to Florida say they have no regrets after ditching high taxes and crime for a sunnier, cheaper and safer lifestyle.

    A relentless “escape from New York” has hammered the city as more than 125,000 residents left for Florida between 2018 and 2022 and took nearly $14 billion in income with them, according to a new study from the nonpartisan Citizens Budget Commission.

    Alex Taub, cofounder of entertainment tech startup Goblintown, relocated to Miami with his wife and two young children from the Upper West Side of Manhattan in July 2020 during the lockdowns.

    “People thought we were crazy when we were telling them this but it just started getting more and more bleak in New York,” Taub told The Post. “For the same price that we were paying [for a two-bedroom apartment] in New York, we were getting a five-bedroom, four-bathroom house with a pool and a backyard.”

    Taub, a lifelong New Yorker who was active in the city’s tech scene, said he previously would have considered it “blasphemous” to leave, but has been won over by the work-life balance and lower taxes.

    “A lot of friends have moved down here, a lot people in tech, a lot of people in business. The people who stayed are the people with kids,” Taub said. “I’ve never worked harder in my life but I know that at 5 o’clock today I can jump in the pool for a short break with my kids and have fun,” he added.

    A bigger shift took place during the pandemic, when New Yorkers seized on cheap rents in Florida to work remotely, according to luxury retail consultant Melanie Holland. Many found they enjoyed the sun outside with their children and got hooked.

    “Why do I want to pay New York state or New York City taxes when I walk out my door and there’s a homeless person, or my Walgreens is shut down because of theft?” many of Holland’s clients told her.

    These transplants “hate what New York City has become” – complaining of crime and the stench of weed, she said.

    While many miss New York’s energy, there’s no turning back after going through the hassle of selling their apartments and wrangling with the IRS to obtain Florida residency, Holland added.

    David Feingold, the Miami-based CEO of Broadstreet Global, said he has at least 20 people in his organization who have put in a request to relocate from New York City to South Florida in the last 18 months.

    “Taxes and weather have existed since the beginning of time in New York,” Feingold told The Post. But what changed in the last 18 months is the “cumulative effect” of crime and immigration, he added.

    Feingold said that none of the people who moved from New York to South Florida have regretted their decision.

    “That’s the amazing thing — I thought I would get complaints about the lack of art and culture that you can only find in New York,” he said.

    Instead, the New York transplants have “bought themselves a boat, a bag of golf clubs and they have been able to find alternative outlets for their time.” Feingold added: “People have offset what they lost by leaving New York.”

    https://nypost.com/2025/05/02/business/ex-new-yorkers-dish-on-why-they-moved-to-florida-for-good/

    1. You can make an oasis anywhere but its much harder when your spot is full of vagrants, needles, and crime.

  17. San Diego considers major changes to Bonus ADU Program amid heated debate

    San Diego officials are considering major changes to the city’s Bonus Accessory Dwelling Unit program — a policy that has allowed homeowners and developers to build additional backyard units in exchange for including affordable housing. The proposed adjustments sparked hours of debate during a five-hour Planning Commission meeting on Thursday.

    The heart of the discussion was how many backyard units should be allowed in traditionally single-family neighborhoods.

    The current Bonus ADU program allows developers to build one market-rate unit for every deed-restricted affordable ADU, with no hard cap on the total number, as long as the property is within a half-mile of public transit, such as a bus or trolley stop.

    Critics argue that the policy has opened the door to extreme overdevelopment. Paul Krueger, a longtime San Diego resident, called it a “runaway policy” that favors developers and investors over neighborhood stability.

    “They wake up one day and they find out somebody’s going to build ten, 12, 14, 16 — up to 126 units — on a single-family lot,” Krueger said. “No parking, minimal setbacks, virtually no landscaping, and they have nowhere to go to express their concern.”

    https://www.cbs8.com/article/news/local/san-diego-considers-major-changes-to-bonus-adu-program/509-31cf09ae-2b61-4b33-850e-e94bb7c00c8c

    1. Close the border, deport all the illegals, and there would be so much vacant housing the market would go back to 1994. All the landlords would have to get real jobs though and that just isn’t going to happen.

    2. Half a mile from a bus stop — isn’t that like 75% of every major city? Most of California is going to be slums at this rate.

  18. Go back pre Woodrow Wilson Presidency , that set up all that went awry in USA. The seeds of destruction.

  19. Its was rigged to lead Society to a not so good place. Not a place that humanity would choose or want. A ridiculous place of insanity, dysfunction, deprivation, division , genocide, and compliance to whatever the criminal Cult fraudster parasites have planned.

  20. ‘There’s virtually no good news for anybody in a condo in the state of Florida,’ said Peter Zalewski, founder of Miami-based real estate consultancy firm Condo Vultures.”

    Welp, at least yer not throwing away money on rent, so there’s that.

  21. ‘New Zealanders weren’t travelling as much, they didn’t have as much disposable income, the Airbnbs of the world weren’t being used as much so the income of those had declined.’”

    Die, speculator scum.

  22. “Snohomish County’s active inventory jumped 84.8% from a year ago and King County’s rose 71.3%.

    Is that a lot?

  23. Flagstaff is usually a seller’s market, but this year it is getting closer to a balanced market, said Gary Nelson, managing broker of Realty Executives of Northern Arizona.

    You keep using that word “balanced,” REIC shills. I don’t think that word means what you think it means.

  24. ‘Naturally, you would see as inventory and days on market go up, it would push toward a buyer’s market, but it’s almost like buyers are not jumping in with both feet because they have a lot to look at,’ said Carissa Maxwell, designated broker of Glow Realty in the Quad Cities and Verde Valley.

    No, Lyin’ Carissa, it’s almost like buyers aren’t jumping in with both feet because they recognize we’re in the incipient phase of a bursting housing bubble.

  25. To sell at the current price would mean a relatively modest $855,000 loss for the pair.”

    Except it’s not selling at the current price. Get to sawin’ and slashin’ like you mean it, greedheads.

  26. The Bank of Albania seems concerned that the housing market may be ‘overheating’ with very high prices and large loans.

    I wish ‘Murica could have a responsible central bank like Albania does.

  27. Who Are You Really Negotiating With? (Peel Region Real Estate Market Update)

    Team Sessa Real Estate

    15 minutes ago MISSISSAUGA

    In this episode, we discuss how some agents can’t work to make a deal because they promised clients prices that just don’t make sense. We also discuss the current Brampton, Mississauga, Ajax, Whitby, and Pickering Real Estate home prices and market trends for the week ending April 30, 2025.

    https://www.youtube.com/watch?v=-GhCACzj6Bs

    12 minutes.

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