When it comes to economic performance, there is no better measure than the creation of net-new jobs. Jobs are everything to an economy. Period. Job growth, however, is not systemic across the country by state, Metropolitan Statistical Area (MSA) or Division. Just like states, variability in job growth exists across all MSAs and Divisions at …Read more
New single family residential (SFR) home sales of 629,000 on seasonally adjusted annualized rate (SAAR) were up 12.7 percent versus a year ago and up 3.5 percent sequentially from July. Year-to-date new home sales (not seasonally adjusted) of 448,000 units were up 6.9 percent compared to the same period a year ago. There were …Read more
Real estate technologists from around the world recently gathered at the day-long Hacker Connect session that kicked off the week-long Inman Connect conference. While there were dozens of speakers on topics ranging from home search to transaction closing over a (very) full-day, these were my main takeaways.
My last blog covered the much-buzzed about “Bitcoin”; today’s blog will deal with something that has slightly less buzz – the Blockchain.
For me this is the most timely read this quarter regarding Commercial Real Estate — Dr. Glenn Mueller’s Real Estate Cycles Q4 2017 report from Black Creek Group – Black Creek Research. The report contains a critical mass of valuable data spanning major commercial real estate markets across the country. It is based on almost …Read more
Student debt has both a yin and yang – good and bad side – depending on how much debt there is versus how much the respective earning capacity has been enhanced by the education the debt facilitated. Should a person borrow money today (college loans, for example) to earn more in the future? Correspondingly, how …Read more
A “cryptocurrency” is a medium of exchange which exists solely online, in the digital world. In other words, it’s a digital currency; it does not have a physical, tangible existence.
Where we live impacts our lives daily – some places are better than others and some are worse. Key factors of where is best to live are not convenient metrics that a methodology contains, but what people truly value. What do people look for and where are the cities, towns and villages that deliver these …Read more
When it comes to cybersecurity, technology and protection are necessary, but we must shift our focus to what matters most: The weakest link.
Owning a home is not for everyone. Homeownership requires down payments, maintenance, property taxes and insurance in comparison to just a single monthly check for rent. Given the transaction costs involved, I’ve often stated that a person really needs to remain in that property for at least three years to consider buying, and if less …Read more