State & US Population Growth 2019

The U.S. Census Bureau just released their estimates for changes in state population for 2019.   While population alone does not guarantee economic growth, population and economic growth are positively correlated. Percentage population growth rates for the periods from  July 1, 2018 to July 1, 2019 and from July 1 2010 to July 1, 2019, sorted …Read more

MSA & Division Job Growth Rates – November 2019

Jobs are everything.  Period. As history continues to demonstrate, job growth at any point in time is neither systemic nor consistent across the country.  The TINSTAANREM axiom — There Is No Such Thing As A National Real Estate Market – is once again invoked to comparative job growth for the Metropolitan Statistical Areas (MSAs) and …Read more

Pick a Number — Existing Home Sales November 2019

In this day and age of mathematical precision and faster-than-light calculation speeds, answering the question as to existing home sales numbers and direction almost makes one stutter.   The following bullets summarize November existing home sales statistics.  Pick a number — pick any number — and what you saying is probably  correct.  Each of these data …Read more

Another Top-10 List — Highest Gaining (and Losing) Median Home Price Metropolitan Statistical Areas Q3 2019

While the U.S. has seen all-time record-high employment, the lowest unemployment rate in 50 years, and rising wages, home sales stuttered in 2018 and the first half of 2019 due to affordability.  Home price  increases in the past decade have out-sprinted income gains, negatively impacting affordability. Prices changes are not uniform nor consistent across the …Read more