Category Archives: Jones on Real Estate

Mirror Mirror on the Wall, Which Metros are the Most Economically Recovered of All — From the Pandemic, that is, as of April 2021

Yesterday this blog talked about state employment levels using fairy tale rhetoric.  Today that discussion rachets down the to the Metropolitan Statistical Area (MSA) level.  Reiterating from yesterday, imagine if the past 14 months had just been a bad fairy tale rather the most severe global pandemic in more than 100 years.   But, that is …Read more

Best (and Worst) Markets for Real Estate Agents 2021 — WalletHub

Housing sales brokerage is big business.  The National Association of Realtors (NAR) reported  5.64 million existing home transactions in 2020 at an average price of $331,900.  This equates to $1.872 trillion in total sales.  EffectiveAgents® examines a large sample of transactions each year and found the average seller commission in 2020 was 5.656 percent.   At …Read more

Initial Unemployment Claims – Improving But Still Ugly

Jobs are everything to the economy.  Period.   While the U.S. lost 22.4 million jobs in March and April 2020, they have yet to recoup 8.2 million.  Unfortunately, employment numbers are released just once a month based on the Bureau of Labor Statistic’s Payroll or Establishment Survey.  That survey asks employers to report employee counts for …Read more

Best & Worst States for Retirees 2021 – 24/7 Wall Street

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