This is the Must Have quarterly report for those in commercial real estate For me this is the most timely read quarterly information regarding Commercial Real Estate — Dr. Glenn Mueller’s Real Estate Cycles Q2 2018 report from Black Creek Group – Black Creek Research. The report contains valuable data spanning major commercial real …Read more
Where you live may not only impact gross income, but also how much of those earnings become take home pay. To find out in which states earners take home more and less on an after-tax basis, SmartAsset looked at the take home pay for people earning $100,000 in the largest city in each and every …Read more
Ever get that Déjà Vu all over again feeling – like you have been there and done that? Déjà Vu is French for Already Seen –and that appropriately describes what is going on in housing markets and interest rates today. Up front we need to recognize that interest rates in recent years and today are …Read more
While much of the U.S. bricks and sticks retail industry is struggling, given the structural shift in shopping, not included in that disarray are stores where everything is $1. I am also old enough to remember when my weekly allowance was $1. A single dollar in those days, however, bought a lot more than today …Read more
The U.S. population is always in flux from people moving to new destinations. According to a study of U.S. Census Bureau data, each year: 2 percent of people in the U.S. move to a different county 3 percent relocate to a different state Those in college and career bound move more often Millennials move almost …Read more
For most people, what they majored in at college impacts their earning capacity — lifelong. No doubt college graduates typically (but not always) make more than non-degreed individuals. The median annual wage among jobs that require a college degree earn $65,000 compared to $37,690 across all jobs. As usual I invoke the TINSTAANREM axiom — …Read more
Existing home sales dipped 1.5 percent in July 2018 versus a year ago to 5.34 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR). Sales shrunk 0.7 percent sequentially from June (SAAR). On an unadjusted basis, housing sales in the first seven months of 2018 totaled 3.153 million, down …Read more
Jobs are everything to the economy. Period. Job growth, however, is not uniform across the country. As usual, I invoke the TINSTAANREM axiom — There Is No Such Thing As A National Real Estate Market. Nor is job growth the same nationwide. But where job growth is strong, so is the demand for real estate. …Read more
While the U.S. added just 157,000 net new jobs in July 2018 (preliminary), year-to-date the country created 1.503 million new jobs compared to 1.291 million a year ago for the same period – a gain of 16.4 percent. The total gain in the prior 12-months of 2.40 million represented a 1.64 percent annual job growth …Read more
Where a person lives impacts not only their potential income (for most people) but also the cost of living. Some states are cheaper and others more expensive. How much income does a single person need to live in each of the states? To answer this, CNBC utilized MIT’s Living Wage Calculator. This Calculator assumes there …Read more