With more than 10,000 people turning 66 years of age every day (full-retirement age for Social Security benefits), retirement remains a growth industry. Unlike many jobs which constrained where people had to reside, retirement opens the entire country (and world) as options. Some states, however, offer better opportunities, demographics, climate, healthcare and cost of living …Read more
In the dark and clouds, airplane pilots need to know where they are heading. Fortunately flight instruments lead the way. The same is true in residential markets with monthly updated forecasts by Fannie Mae and the MBA so market professionals do not have to fly blind across the economic landscape. Each month Fannie Mae and …Read more
Jobs are everything to the economy and the ultimate demand for real estate. While the pandemic saw 22.4 million jobs disappear from February to April 2020, all but 8.4 million of those job numbers have been brought back in one form or another. The recovery, however, is neither uniform nor consistent across the country. The …Read more
Existing home sales rose an impressive 12.3 percent in March compared to 1-year ago, but cooled slightly, dipping 3.7 percent from this February on a seasonally adjusted annualized rate (SAAR) of 6.01 million homes according to the National Association of Realtors© (NAR). Median price rocketed up 17.2 percent to $329,100 versus the prior year, and …Read more
The U.S. dropped a record number 22.4 million jobs last March and April at the onset of the pandemic and has yet to recover 8.4 million. Only two states now have more jobs than anytime in history: Idaho and Utah. The data following are from the latest release of employment numbers for all 50-states and …Read more
A business’ sustainability is becoming increasingly important to today’s investors and customers. While overall sustainability incorporates environmental, social and governance factors, in honor of Earth Day, let’s concentrate on environmental sustainability in the workplace and explore examples of positive environmental business practices. These suggestions will not only appeal to potential clients who seek environmentally savvy …Read more
Today I want to talk about five types of text-only emails. The majority of this form of phishing typically comes disguised as a link, attachment, or both. Text-only emails are frequently overlooked but can be just as dangerous as other phishing methods. The first text-only email is the decades-old “Nigerian prince” (1) scam most of …Read more
Gross Domestic Product (GDP) is the value of all the goods and service produced. Along with job numbers, GDP is among the best indicators for economic performance. The U.S. saw the largest decline in GDP in history in Q2 2020 due to the pandemic, plunging 31.4 percent on an inflation-adjusted annualized basis. That was followed …Read more
Jobs continue to be recovered since the plunge seen at the onset of the pandemic in 2020. Though the U.S. recouped another 379,000 jobs in February 2021 nationwide, there still remains 9.47 million yet to be brought back. The recovery rate of jobs, however, differs across the country. Various metrics for 380 of the Metropolitan …Read more
The U.S. continued recouping jobs lost a year ago at the onset of the pandemic, with 30 states posting jobs gains from January to February 2021 on a seasonally adjusted basis based on data from the U.S. Bureau of Labor Statistics. Six states posted no change in jobs from January to February while 14 states …Read more