August 2014 Existing Home Sales – Dipping 1.8 Percent Sequentially from July and Down 5.3 Percent Year-Over-Year from August 2013 — Not Necessarily Bad News

Sales of existing homes in August were on track at a seasonally adjusted annualized rate (SAAR) of 5.05 million homes, down 1.8 percent from July 2014 and off 5.3 percent from August 2013 according to the National Association of Realtors® (NAR). Median home prices rose 4.82 percent to $219,800 in August 2014 versus a year …Read more

Another Top-10 List — 2014 Best Cities to Live In

In economics the assumption is that people will attempt to optimize outcomes, that is, make the best or most effective use of an opportunity, resource or situation. Examples in optimizing ranges selecting an item off the menu, buying an automobile, clothes, or even deciding where to live. When it comes to where you want to …Read more

Another Top-10 List — Metros With the Greatest Percentage Increase in Seniors 55 and Up in the Next Five Years

As the U.S. ages, demands for many items from medicines to housing change. While some intend to age in place, others look to relocating to locales that are perceived more desirable due to factors such as weather, recreation, access to medical, culture or a myriad of other variables. Realtor.com analyzed Nielsen Demographics data to forecast …Read more

Ted’s Tweets August 29 – September 4 2014

For those of you that do not Tweet – you should consider doing so. If you want to talk about 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. It reminds of Mark Twain who …Read more

Think Globally, Sell Locally

If you read articles from Dr. Ted C. Jones (and if you don’t, I highly suggest you start to), you know the economy is “all about jobs,” with Dr. Jones ending nearly every article with “jobs are everything to an economy.” However, there are pockets – such as Manhattan – where U.S. unemployment rates are …Read more

Ted’s Tweets August 22-28 2014

If you want to talk about bang for the buck, the 140 total character, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little. It reminds of Mark Twain who wrote, “I would have written you a shorter letter but I didn’t have the …Read more