Another Top-10 List — Best States for Homeownership 2016

When it comes to homeownership, or in this case, the ease thereof, not all states are equal. Once again I invoke the TINSTAANREM clause — There Is No Such Thing As A National Real Estate Market. Each real estate market is different. Ditto their underlying economies. This also applies to overall affordability, health and availability …Read more

June 2016 Existing Home Sales up 3.0 Percent Year-Over-Year to Greatest Level Since February 2007, Median Price Up 4.8 Percent to $247,700

U.S. existing home sales rose 3.0 percent year-over-year in June 2016 to 5.57 million on a seasonally adjusted annualized rate (SAAR) as reported by the National Association of Realtors® (NAR). This was greatest level seen since the 5.79 million reported in February 2007. Using unadjusted numbers, June residential home sales tallied 583,000. Median price was …Read more

Labor Market Outcomes for College Graduates

A recurring question that I am asked almost weekly is, “What is the best major for my daughter, son, granddaughter or grandson?” This is not always easy to answer, since not all people have skill sets and an underlying education allowing then to be proficient in all majors. As we are all aware, not all …Read more

DrTCJ’s Tweets June 17, 2016 Through July 7, 2016

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? More important perhaps, is that …Read more

Another Top-10 List — Best States for Retirees

On June 15th of this year I summarized Kiplinger’s research of the Worst States for Retirees. This blog is the Best States for Retirees, again based on Kiplinger’s research utilizing an identical methodology to the former. Where people retire will have economic implications on their incomes and ultimately lifestyle. Granted, family, friends and weather are …Read more

Another Top-10 List — Most Expensive States to Add a Teen Driver to an Existing Auto Policy

A typical person’s second greatest expense – their automobile – is similar to housing. The fees, however, vary. Similar costs include the down payment, financing, maintenance and annual tax (registration and license fees), fuel (akin to utilities) and insurance. Pretty much all else is different. When it comes to adding another person to the insurance …Read more