Retirees are one of the top growth markets in the U.S. with 10,000 people turning 65 every day morphing away from the workspace. Savings and investments will greatly influence their ultimate lifestyle in conjunction with where they live. Cost of living plays a big part. Perhaps the ultimate measure of the cost of living is …Read more
New home sales unexpectedly fell 8.9 percent on a year-over-year basis in July 2017, now at an estimated 571,000 unit sales pace on a seasonally adjusted annualized rate (SAAR). Sales dropped 9.4 percent sequentially from June’s 630,000 pace (SAAR). Median new-home price was $313,700, up 6.3 percent versus the same month a year ago while …Read more
Existing home sales rose 2.1 percent year-over-year to 5.44 million on a seasonally adjusted annualized rate (SAAR) but fell 1.3 percent sequentially from June according to the National Association of Realtors® (NAR). Raw monthly home sales in July 2017 (not seasonally adjusted), at 513,000 single family, townhouse, condominium and co-op closings were unchanged from a …Read more
August is back-to-school month for tens of millions of Americans across the country, but not all are attending colleges and universities, yet they have a great prospect for future employment and income. Not every good job out there requires a college degree. Nor is a college degree the best route for everyone. To identify those …Read more
Some assets and investments payoff well, and others make us wish we have never seen nor heard of them. The good, the bad and ugly of investments includes stocks, bonds, real estate and even people’s college degrees – at least from a financial perspective. The prior Jones On Real Estate Blog looked at the typical …Read more
Post-high school studies for most people have a good to great payback assuming the learned skill sets are in demand in the marketplace. Key to this, however, is first getting the high school diploma – or equivalent. To assure a good high education, many American families have turned to private high schools. Last year, Realtor.com …Read more
No matter how much focus is placed on expense controls, without revenues there are no profits. The keystone to the economic performance of a company is how much total revenue the average employee adds: the greater the revenue per person, the greater the potential profit. Naturally, costs must be subtracted from gross revenues to calculate …Read more
The first job after college is so important in launching a career and positioning a person for their lifelong earnings. As shown in the past, it’s just not the level of pay but also associated living costs, growth potential (in responsibility and remuneration) and quality of life that need consideration. As usual, I invoke the …Read more
The definition of the American Dream, no doubt, varies from individual to individual. To one person it might be a small home with a front porch and quaint neighborhood, while the next person may define it as high-paying readily available jobs or a great place to raise a family. As usual, I invoke the TINSTAANREM …Read more
Just like some stocks outperform others, the same is true for housing markets. While most housing markets have seen home value increases since 2009, some markets have skyrocketed and others just chugged along. As usual, I invoke the TINSTAANREM axiom — There Is No Such Thing As A National Real Estate Market. Nor is there …Read more