It’s Just The Facts: April 2019

1. NOT WHERE YOU’D THINK – The state of North Dakota has the highest percentage of adult residents who have a net worth of at least $5 million (IRS) 2. HOME BUILDING – 876k single-family homes began construction in 2018, … Read More

Daily Rate Update: April 29th – May 3rd

Friday – May 3, 2019 The Labor Department reported this morning that there were 263,000 jobs created in April, well above the 180,000 – 200,000 range expected while February and March were revised modestly higher by a total of 16,000. … Read More

Tiding Up Financial Documents

Thanks to Marie Kondo and her popular book, “The Life-Changing Magic of Tidying Up,” you might be ready to go through your entire house and get rid of anything that doesn’t bring you joy. While your financial paperwork likely isn’t … Read More

Daily Rate Update: April 22nd-26th

Friday – April 26, 2019 The Goldilocks economy lives on in the US after the Gross Domestic Product (GDP) report showed strong growth along with lower inflation. Fears of a slowdown in economic growth here in the US were laid … Read More

Daily Rate Update: April 15th-19th

Thursday – April 18, 2019 Consumer spending remained solid last month due in part to a strong labor market. March retail sales jumped 1.6% from February versus the 0.9% expected and was the largest gain in 18 months led by … Read More

Daily Rate Update: April 8th-12th

Friday – April 12, 2019 Corporate earnings season kicked off on a high note today with the banking sector coming in with solid numbers. Both JPMorgan Chase and Wells Fargo beat expectations for revenues and profits. Earnings season will give … Read More

Private Money Investing 101

Private Money (sometimes referred to as Hard Money) lending has been around for decades now.   It gives the consumer access to real estate financing they can’t get from Banks or Credit Unions.     Effectively, instead of a bank or credit union … Read More

Daily Rate Update: April 1st-5th

Friday – April 5, 2019 The Bureau of Labor Statistics reports that payroll growth rebounded in March after the weak reading in February. Nonfarm Payrolls rose 196,000 last month, above the 175,000 expected and above the 33,000 created in February. … Read More

The Economics of the Housing Industry

Recently, I attended a seminar put on by Matthew Gardner, Chief economist for Windermere Real Estate. He had great information on where the housing market is today and what is to come for the future. RECESSION Matthew Gardner, Chief economist … Read More

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