March 13, 2008

FLASH: SOUTHERN CALIFORNIA MEDIAN HOME PRICES DOWN 19% FROM LAST SUMMER



Ouch.

Suzannnnnneeeee!!!!! (enjoy the new remix!)

Home Prices Plunge Across California

The median price in a six-county area of Southern California fell to $408,000 -- the lowest level since October 2004, when it was $402,500. That median is 19.2 percent below the region's peak price of $505,000 last summer, and it's 1.7 percent below January's median, the firm said.

In the nine counties of the San Francisco Bay Area, the median price fell 11.6 percent to $548,000 compared to a year earlier and 17.6 percent from the region's peak median price of $665,000 last summer. Bay Area prices were essentially flat from January.

49 comments:

Mark said...

The prices are still unaffordable. I make a decent living, probably triple the median in SoCal and I won't spend over 400k on a house.

Anonymous said...

HA HA HA HA HA!!!!

This is teh best thing on the intrawebs!

AWESOME!

tangelo mozilo said...

That little girl who wants to own an Angelo Mozilo may actually be able to buy one soon . . . for a pack of cigarettes.

Anonymous said...

SoCal is still way overpriced (they built way too many homes, many in bad areas). When the financial crisis worsens the bay area will also take a big hit.

Anonymous said...

anything =< median in socal= gangland/drivebyville

so you gotta pay 800+ to get away from the poor brown people in order to live with the well off brown people. fukn disaster. comprende?

Anonymous said...

I too make well over the median income per year, but I still don't find any houses that look like a good deal compared to renting.

Anonymous said...

Nesting Instinct + Mortgage Fraud = Great Depression

ReLitter69 said...

now is a great time to buy or sell!!!

Anonymous said...

Are you people still going to vote for Obama? No way in hell I'm going to.

http://abcnews.go.com/Video/playerIndex?id=4443230

Mark in San Diego said...

Even that new re-mix gives me indigestion. . .that pussy-whipped guy is so pathetic - love the British brats in the re-mix - should be an add for birth control. . .As for SoCal prices. . .maybe they could put a plunge-o-meter (tm) on each house/condo, so people passing by could see the prices fall. . .

diano o said...

I heard kendra todd was fired today.It turns out she serviced client #9 too.

Lady Di said...

A video that truly gets funnier the more you watch it.

Suzanne is priceless!

Anonymous said...

All the lunatics approve of Obama. You have Wright, Jesse Jackalson, Screwy Louie Farrakhan, La Raza, and the rest of corrupt unions and race pimps

Anonymous said...

Funny thing about the blacks in the cities hoping for the downfall of America is that those in the inner cities will be the first to suffer and suffer the most if the infrastructure falls apart. They'll be coming after the white liberals in the gentrified areas once their food and water supplies run out.

Anonymous said...

Are you people still going to vote for Obama? No way in hell I'm going to.

What's your point dumbo? The pastor is right!! When he says God DAMN America he's not damning you or other hard working Americans he's damning the overbearing US Government that keeps prisons full of blacks for minor drug offenses. People like you need to visit other nations and see how their legal systems work and how they don't have prisons filled to the gills with people.

All the while Americans think they're living in the land of the free!!

Ha ha ha ha!!!

And your tax dollars and inflation stolen dollars are paying for all those prisons, all the wars and all the US foreign intervention! Why do you think the dollar is collapsing?!!

Yet Hillbillary/McShitStain won't talk about the unjust "War on Drugs" or the unjust pre-emptive "Endless Global War on Islamo-Fascist Extremist Terrorism"!!

What a freaking joke!

Anonymous said...

“Market conditions are the worst anyone in this industry can ever remember. I don't think anyone has a recollection of a total disappearance in liquidity...There are billion of dollars worth of assets out there for which there is just no market.” Alain Grisay, chief executive officer of London-based F&C Asset Management Plc; Bloomberg News

Anonymous said...

This is not the time to buy! We are only about 20% through this mess. Save your cash and be ready for some excellent deals in 2010.

Boomers are just starting to sell and the market will be flooded with many more properties.

The MSM is looking for more stupid people to become debt suckers to bail out the out of control banks.

Keep waiting!

Anonymous said...

Are you people still going to vote for Obama? No way in hell I'm going to.

You've got to be kidding me, right? Why should Obama have to defend his pastor when everything his pastor is saying is TRUE?

It might sound radical to the US corporate controlled media that intentionally ignores these issues but it's not radical to those of us that are paying attention.

It's also not un-patriotic to criticize the policies of the US government.

Are you going to sit there and deny that US imperialism did not bring on the attacks of 9/11? Are you really going to sit there and say that those suicide attacks came out of the blue by some evil and crazy muslims whose religion makes them hate America? The Koran was written a loooong time before America came into existence people!! Read up on a little history about US intervention in the Middle East which started a loooong time before 9/11.

The biggest irony of all is that Americans think they live in the land of liberty and yet most industrial nations that do not even have the great US Constitution (that Americans have abandoned) have far more freedoms than America does.

Those other nations don't sanction, embargo or bomb other nations.

They don't have overflowing prisons full of minorities.

They have legal prostitution - yeah, that's right citizens are given some personal responsibility.

They don't ban gay marriage - why on Earth do so many Americans want to impose their will on gays and stop them from getting married - mind your own damn business!!

They don't have illegal wiretapping and a pervasive security, police state.

Americans wake up and get out of your little mainstream media bubble and see the world for what it is. With the web you can see the death and destruction US imperialism has delivered upon the world and that the media does not want you to see.

Funny how nobody seems alarmed by the Reverend endorsed by McCain that wants to bring on the war to end all wars:

http://www.infowars.com/?p=796

JSinSanDiego said...

California has a very long way to drop before it would even be close to affordable. Of course homeowners do not want to hear any of this. All that "hard earned" equity of the last 5 years slowly disintegrating is more than most of them can handle. After all, aren't they entitled to it because they were all such geniuses for buying an old overpriced crackerbox? Give me a break. Wake up people. Look at the facts. It's not all about YOU and loads of money you never earned in the first place. Sorry, but I for one am not happy this is turning into a 3rd world country of only rich and poor and no middle class. It's not what America was ever about.

Anonymous said...

the housing cheerleaders are jumping for joy because foreclosures were down 4% from January to February.

The joke is on them, though- February (29 days this year) is 6% shorter than January (31 days). Per day there were more foreclosures in February than January, yet they claim the tide is starting to turn!

Anonymous said...

Chrysler to have a 2week forced vacation at all of it's operations in july.
Toyota cuts production of it's large autos in US.
The price of cars is way too high also.

Shakster

Anonymous said...

Please don't show Suzanne any more!!! I can't stop watching it over and over!!!

Buzz Saw said...

Suzanne and Harpie from Hell moved to greener pastures. Hubby is living in a van down by the river.

Anonymous said...

I have been a long time HPer and have contributed a dozen or so times. I have shared the opinion that prices in the California Bay Area where I live and rent will need to drop by 50% in order to return to normal fundamentals.

However, I have to share this. A home in the neighborhood where I live went up for sale 2 weeks ago. The previous owner died in the house. I suspect it was a suicide because the crime scene company came to clean it up. It was a complete unkept dump. The vietnam vet lived like a homeless man with a home. Sad really but that's another tale.

Anyway, the home is nearly 50 years old, looks like its abandoned, 1300 sq feet, 3/2bath, with the bathroom fixtures of one bath torn out (I think because it was covered in human tissue), the yard has not been cared for in over 1 year, the land is only about 5000 sq feet, the home lies a few hundred feet between the 2 major freeways of the East Bay, the trains howl at full volume at all hours of the night and shake the walls of the neighborhood, on and on and on.

So what's my point? Well, it was listed for 650,000 last week and went to "sale pending" in 4 days. I don't know what it will sell for but this was shocking to me. The average rent for a NICE home in this area would be 2000/month.

What are we missing here??

Anonymous said...

How simplistic is this:

http://www.msnbc.msn.com/id/7148582

Housing has been suffering through a severe slump that has dragged down home prices in many parts of the country. The fallout is hitting both homeowners and the economy at large, raising worries about a possible recession. The downturn in housing is being worsened by a severe credit squeeze as lenders tighten standards in the face of soaring mortgage foreclosures.

-MSNBC news.

Never mind the trivial mortgage rate increase (Probably a plant to motivate fence sitters). Can you imagine someone seeing this and saying "Wow I didn't know there was a housing or credit crisis"?

Very Simply Pathetic!

Anonymous said...

There's a story on the news right now about a formerly $1M mansion in foreclosure that was stripped by thieves and is now listed at $500K.

Then they were interviewing a family where both parents were working two jobs to stay out of foreclosure after their timebomb ARM doubled their mortgage. I guess that's the American Dream. Work 16 hours a day for the privilege of renting from the bank. I wonder how long they can keep it up before they both drop dead from exhaustion.

Anonymous said...

yep still gonna vote for obama. its numb skulls like you that were made to vote for bush over the same kinda stupid push your little lizard brain crapola this is. get a clue numb skull you are being played. you are sooo easy for them to turn into a puppet. he's a muslim and he hates amerikka and means to destroy us. and W is a national hero. numb skull. you idiots prove time and time again how stupid you are.

homeboy said...

"now is a great time to buy or sell!!!"

shouldn't this be: "now's a great time to try to sell and try to buy!"

Anonymous said...

Tent cities spring up in LA
http://www.liveleak.com/view?i=dfc_1205463739
http://tinyurl.com/35armk

Anonymous said...

That video is a good reminder why it doesn't pay to buy a house or get married. Stick to high price Call girls and renting.

Professor Ichiro Vader said...

what!?! what!?! (I've got your balls right here pal! you want to use them again right!!!) what!?!

Anonymous said...

anonymous said...
Are you people still going to vote for Obama? No way in hell I'm going to.

http://abcnews.go.com/Video/playerIndex?id=4443230

March 13, 2008 10:42 PM

After hearing his pastor I'll vote for the pastor man. The Pastor said "God Bless America? I say God Damn America" The man is god damn right
You must be a war mongering reThuglican! Mc Cain??? Bush 3 you fricken dumbass!

Anonymous said...

anonymous said...
Are you people still going to vote for Obama? No way in hell I'm going to.

http://abcnews.go.com/Video/playerIndex?id=4443230

March 13, 2008 10:42 PM

So what do you think of McCain's "Spiritual Advisor", this religious war mongering freak, Reverand Rod Parsley?

http://tinyurl.com/3at2nk
Senator John McCain hailed as a spiritual adviser an Ohio megachurch pastor who has called upon Christians to wage a "war" against the "false religion" of Islam with the aim of destroying it.

On February 26, McCain appeared at a campaign rally in Cincinnati with the Reverend Rod Parsley of the World Harvest Church of Columbus, a supersize Pentecostal institution that features a 5,200-seat sanctuary, a television studio (where Parsley tapes a weekly show), and a 122,000-square-foot Ministry Activity Center.

Anonymous said...

I think my OC beachside mobile home is still worth more then I paid for it and it's all paid for except for my 1400/mo space rent. But who cares i have 1500 sq feet 3 bed 2 bath backyard and full resort amenties across the street from Huntington State Beach.

But who can even afford the new lower median price with a fully amortized mortgage, the folks who can afford the 400K tract homes wont live in those hoods so that leaves under 100K a year salaries I bet prices will continue to crash here in the OC

Budvar said...

Mr Right on trendy lefty said..

They don't ban gay marriage - why on Earth do so many Americans want to impose their will on gays and stop them from getting married - mind your own damn business!!



Ok, listen up now Dipshit, as you may learn something here. Homosexuals (they're not "Gay", Gay means happy, and I've yet to meet one who's not suicidal) can not get married end of story. They can call it whatever they like, but it isn't nor ever will it be a marriage.

Now the important bit, a marriage is a legal, cultural and religious thing that comes in 2 parts. The ceremony, this is the "do take this etc etc" bit and then there's the consummation bit. The consummation is by definition the insertion of a penis into a vagina. No consummation, no marriage. Same sex couples lacking one or the other necessary parts for the consummation therefore cannot be married. Thems the rules, I didn't make em, So take a deep breath, a sip of your white wine spritzer and get over it.

tangelo mozilo said...

Anonypus 1:51 said . . .

"So what's my point? Well, it was listed for 650,000 last week and went to "sale pending" in 4 days. I don't know what it will sell for but this was shocking to me. The average rent for a NICE home in this area would be 2000/month.

What are we missing here??"
-------------------------------
Dude, this is what I've been saying all along. People are retarded and are happy to buy overpriced crap dumps such as you describe, but the banks have wised up and will not lend the money. (See Homeboy's comment above.)

As you note, the status on the house is only "sale pending." I will be quite surprised if any bank approves a loan for that amount if the house is as you describe it. (Obviously, it's not being seller-financed.) 20 to 1 the "sale pending" sign will come down within two weeks, to be replaced by a "price reduced" sign.

P.S. Please make up a name for yourself if you are going to post, so we can keep your comments in context. I'd like to be able to follow what goes on with this house.

The Mighty Tangelo has spoken.

Anonymous said...


They don't have overflowing prisons full of minorities.


How about we release all those poor oppressed minorities ito your home? Especially the two who were recently arrested for murdering the two college students at UNC and 18 other armed robberies and carjackings. I bet there's not a single black person living ner your fat pasty white liberal ass. Go live among your beloved minorities and you'll change your mind in the first 24 hours right before that bullet crashes through your thick stupid liberal skull


They have legal prostitution - yeah, that's right citizens are given some personal responsibility.


Who is they? Very few countries legalize prostitution.


Are you really going to sit there and say that those suicide attacks came out of the blue by some evil and crazy muslims whose religion makes them hate America?


Yep. It's the same reason why the Muslims are murdering Buddhist monks in Thailand, slaughtering people in the Phillipines, wiped out all the Buddhists in Afghanistan, have been blowing up Hindus in India and murdered 2 million blacks in Sudan. Were those people meddling in the Middle East? Were the Europeans meddling in Muslim affairs when the Islamic caliphate invaded and conquered Spain and later invaded Central Europe and nearly conquered Vienna? Idiots like you keep trying to paint the Muslims as the victims, when they have always been the agressors. The Middle East was Christian/Jewish long before the Muslims started their invasion and campaign of oppression.

Anonymous said...

Alot of self-hating guilty white liberal trash around here. why don't you kooks go kill yourselves to make up for the sin of slavery.

Californiacharlie said...

""P.S. Please make up a name for yourself if you are going to post, so we can keep your comments in context. I'd like to be able to follow what goes on with this house.

The Mighty Tangelo has spoken.""

I have tried to make a name in the past but that fricken GMail, evil empire Google, thing gets in the way. This is a test.

Californiacharlie

Anonymous said...

Even that new re-mix gives me indigestion. . .

You could cleanse the palette when that clip completes by watching the Taryn Southern Hot4hill clip that is part of the ones listed.
When I say "watch" I mean no sound, unless you can handle her talking about Hillary's thighs, dereierre, and wishing she was Bi. Still it is pretty funny, while sadly reinforcing the message that many women will vote for her simply because she is a woman.

Anonymous said...

How about we release all those poor oppressed minorities ito your home? Especially the two who were recently arrested for murdering the two college students at UNC and 18 other armed robberies and carjackings.

I was expecting a completely ignorant statement like this from you. Of course murderers belong in prison - I'm talking about the majority dumbass.

Some info on prisons. Learn something and then get back to me:

http://www.pbs.org/now/society/prisons2.html


Who is they? Very few countries legalize prostitution.

Read up dipshit:
http://www.sexwork.com/coalition/whatcountrieslegal.html

Ha, and you think you live in the land of liberty! You don't even know what liberty means or the principles America was founded upon. How can you even call yourself an American? You'd be more comfortable in China.


Yep. It's the same reason why the Muslims are murdering Buddhist monks in Thailand, slaughtering people in the Phillipines, wiped out all the Buddhists in Afghanistan, have been blowing up Hindus in India and murdered 2 million blacks in Sudan. Were those people meddling in the Middle East?

No I'm not defending the Muslims at all. What I'm saying is that if America stayed the hell out of their land and their affairs we wouldn't incite hatred from Muslims. They are a weak people. They don't have anything like the MASSSIVE military that the US has. Suicide bombers and "terrorists" need to be motivated to act. Were the Muslims attacking Americans before America started interfering in their lands?

Are you trying to tell me that hatred toward America is NOT motivated by America's interference in the Middle East?

A History of US Intervention in the Middle East
http://www.informationclearinghouse.info/article6308.htm

US Military Spending in Relation to the Rest of the World
http://www.globalissues.org/Geopolitics/ArmsTrade/Spending.asp

John Galt said...

Budvar,
Like most imbeciles in this country you are confused. Marriage as far as the government is concerned is a civil partnership entered into by two free citizens and nothing more. "Consumation" is not a legal requirement for the validity of the contract. Your talk of consumation and til death etc. is confusing the the secular legal realm with the mystical, mythical realm of your religion.

If as your kind say that same sex couples cannot enter into a contractually bound and legally protected partnership because your "bible" says it's a "sin" I suggest that you actually read that fairy story you are trying to control every bodies lives with.

Regarding homosexuality the bible says that if a man shall lay down with a man as a man lays down with a woman then he shall be stoned unto death. So if your bible is the absolute true word of your god the bring out the stones and call your congressman to get the "death to fags" bill on the next ballot or shut your pie-hole. Make a choice. Is the bible the absolute word of god or is it absolute crap made up by spiritual looters who seek to control the world? Is the legal system of our secular nation based on your bible? The ham sandwich I had for lunch says no.

If you do actually believe that the bible is the absolute then get off your ass, go to Frisco or West LA and start killing those evil sinners. You'l be fine just show the cops and the judges and the jury the relevant passage in the bible and you'll be just fine cause god told you to do it. I know by now your screaming that you would do it except for those damned liberals. It is not the liberals that are preventing you it is that you are a moral coward who claims a morality that you want to force onto others but it is a morality that you do not apply in your own life because some nagging doubt in your lizard brain, the part of the brain that fights for your survival says that that so-called morality you profess is not moral by any definition. You want to have your cake and eat it to. You want stop the gays from living as they choose because the bible says so but you do not want to follow the bible as to what you are required to do with regards to that particular sin. Your bible is either absolute or it is not. There are no gradations of absolute. A thing or idea can not be somewhat or parially absolute. That statement is founded on something you only pretend to understand: logic.

You lack of understanding of both your bible and of logic are typical of your kind. So let me explain why you are wrong about gay marriage using your own argument against you. You say that gays can't marry because they can't consumate. QED. I'll leave aside that consumation is not a legal requirement for a valid state sanctioned marriage. You say that they can't consumate because consumation requires a penis entering a vagina. OK so that is the definition of consumation. And according to your religion a marriage is only consumated when a a penis enters a vagina after the appropriate voodoo ritual. To put in the family friendly G Rated terms your crowd seems to love. A marriage is consumated when a man lays with a woman. And by your own assertion a man can not marry another man because they lack the required equipment. To many penises and a bit of a vagina deficit. Well if a marriage is not valid until a man lays down with a woman on the marriage bed and fags can't get married because their equipment is not suited to the task then what you are ultimatly saying is that gays can't marry because a man can not lay with a man as a man lays with a woman which is an argument that fails because either a man can lay with a man as he lays with a woman or he cannot. The act is either a sin, which is a concept outside the purview of our legal system, which means they can consumate and therefore marry. Or they cannot consumate which means it is not a sin according to your bible so why would you not want them to get married.

To put it all in the simplest possible terms. Follow your god and kill them or realize that your bible is a fairy story and let them live. You can't have it both ways. There are no contradictions in reality.

Anonymous said...

Are you trying to tell me that hatred toward America is NOT motivated by America's interference in the Middle East?

PS - When we say interference or intervention we're really talking about MASS MURDER - and you think that doesn't breed hatred?

Gulf War: Highway of Death
http://www.youtube.com/watch?v=1ljXnV4Ibpk

tangelo mozilo said...

Californiacharlie:

IT works!

Anonymous said...

Ha, and you think you live in the land of liberty! You don't even know what liberty means or the principles America was founded upon

Hey dipshit, prostitution has been illegal since long before America was founded. It is illegal in the majority of coutries. If you don't like the laws here, you are FREE to move to Thailand or Holland. If you want to change the laws in your community, then you are FREE to propose a change. Even the most leftwing wacko libtard cities like San Franfreako and Detroit ban prostitution, so don't blame it on Bush or conservatives.

If there is no liberty then why isn't your stupid ass in prison for criticizing the government? You have the FREEDOM to criticize anyone you want on the internet, newspapers, radio, TV or out on the streets. You can curse the president, call him names and wish for him to drop dead. Does that sound like to fascist state? Take your tinfoil hate off your stupid little head.

I dont care what % of people are in prison. If they were convicted, appealed and it was upheld, where is your evidence that they did not commit the crime? If this is a racist nation that wants to lock up non-whites, then why is the % of Indians and other Asians in prison so low? Indians are much darker than Latinos. Maybe it's because they don't commit as many crimes. There are 100,000 members of the MS-13 gang. There are 40,000 members of the 18th St gang. There are over 100,000 Bloods and Crips. How many white gang members are there? The entire Mafia in the US consists of less than 1,000 members. How many Jewish and Iraish gangs are there? How many Indian gangs are there. Like I said, we'll send the released convicts to live in your home if you don't want them in prison. Where is there more violent crimes? Is it in the ghettos and barrios or out in the lilly white surburbs where your fat ass lives? Go live your pasty stupid white ass in the ghettos for 5 years and come back and tell us there should be fewer people in prison.

You claim that Muslims only attack America because of American interference. I gave several examples of Muslims attacking people for no reason at all. Why did they blow up the Jewish community center in Argentina? Why do they kill Buddhists in Cambodia? They are a violent people who they have proclaimed that their goal is to make America a Muslim nation under the Koran. Take you stupid libtard head out of your ass and smell the coffee

Budvar said...

John Galt said...

Budvar,
Like most imbeciles in this country you are confused. Marriage as far as the government is concerned is a civil partnership entered into by two free citizens and nothing more. "Consumation" is not a legal requirement for the validity of the contract.

Are you the same JG from fla?
Anyway, for one thing I'm not American, and two, Consummation is a legal requirement as part of a marriage contract, you doubt me look up the term "Annulment", which basically means (unlike divorce) that the marriage never in fact took place. If as you're saying a ceremony is all thats required for a marriage, how can there be such a thing as an annulment after just a ceremony as according to you that's all thats required so in effect the marriage did take place. Don't be giving me any bull shit about it being obsolete, as if you may recall Britney managed to get herself one a couple of years ago.

Anonymous said...

Take you stupid libtard head out of your ass and smell the coffee

I take it you didn't read any of the links I sent you. What a scary world you live in dude. Man, we better kill all those scary Muslims, gays, prostitutes and gang members.

The typical response from the ignorant American "patriot" is - well if you don't like it go live somewhere else while us irrational Christian fundies, Neocon warmongers etc.. shit all over the institutions that made America great like the Constitution, Bill of Rights, liberty and justice for all.

John Galt said...

Budvar said

"Who is John Galt?"

I never said you were American though you assert your Non-American status as if being Non-American make you superior by virtue of that which you are not. If I were to guess I would say you are a Czech judging by your chosen name. You missed the point I said you were confused. That fact is with out question given your "Britany did it so I'm right" argument.

Just for fun I'll explain the flaw in that argument of yours. Britany's marriage to Jason Alexander was annulled because they were two silly kids who went to Las Vegas, got wasted and got married. Intoxication is a valid legal reason for annullment and you can look that up if you wish. But you argue that Britany's annullment is proof that A:consumation is a legal requirement for a valid marriage in the eyes of the state and B: that britany got an annullment therefore there was no consumation therefore there was an annullment therefore consumation is a statutory requirement for marriage. If you think that staement makes no sense then for once you are right. It does not.

And if you actually do think that marriage was not consumated you better think twice before you type statements like-
"Ok, listen up now Dipshit, as you may learn something here."

Now go pop open a bottle of your precious Budvar (That's Czech for Budweiser to all you J6Ps out there)and drink yourself into the stuporous rage that is your favored means of evading the reality which you seek to annull.
$

Budvar said...

There's a whole list of reasons for a marriage annulment. Being brother and sister, bigamy, high on crack, a lifer on death row, etc etc. If only your parents had found out earlier!!

Now WRT Homosexuals being unable to marry, as I said before, they cannot consummate a marriage (a legally binding part of a marriage contract with case law to back it up) so therefore you can call it a "Civil union, "Bestest friends" or whatever you damned well like, but a marriage it is not. So get over it!!


Unnatural Sex

* In 1983 the Missouri Supreme Court annulled a marriage upon the Petition of the wife where the husband failed to disclose that he could not engage in normal sexual relationships and that his only sexual activities were if an "unnatural type." The Court did not bother to elaborate further in its decision. Kshaiboon v. Kshaiboon, 652 S.W.2d 219 (Missouri 1983).

Marriage and Having Children

* In 1991, the Superior Court of New Jersey granted an annulment to a wife where the husband told the wife after marriage that he wanted to have children despite the fact that he had signed an antenuptial agreement before marriage stating that he did not wish to have children. The court felt that this constituted fraud relating to an essential element of the marriage contract. V.J.S. v. M.J.B., 249 N.J. super, 318, 592 A. 2d 328 (1991).

Lack of Physical Capacity to have Intercourse. A party lacks the physical capacity to consummate the marriage by sexual intercourse and the other party at the time the marriage was solemnized did not know of the incapacity. This is considered a material term of the civil contract of marriage;