It’s Just The Facts: January 2020

It’s Just The Facts: January 2020

POPULATION – Between 7/01/18 and 7/01/19, the Census Bureau estimated that the US population grew from 326.688 million to 328.240 million, an increase of just +0.48%, i.e., less than 0.5 of 1% growth rate between 2018-2019. That’s the lowest year-over-year...
Daily Rate Update: January 27th-31st

Daily Rate Update: January 27th-31st

Thursday – January 30, 2020 Economic growth slowed a bit in the fourth quarter of 2019 while consumer spending eased. Gross Domestic Product (GDP) rose 2.1% during the quarter with a full 2019 gain of 2.3%. In 2018, GDP rose 2.9%. Within the numbers, it showed...
Daily Rate Update: January 27th-31st

Daily Rate Update: January 21st-24th

Friday – January 24, 2020 The upward momentum in rental prices cooled a bit in December coming in flat for the month, which is a normal seasonal trend. Yardi Matrix reports that the average U.S. rent fell $1 in December to $1,474 and up 3% from December 2018 to...
Mortgage Trends Set to Continue in 2020

Mortgage Trends Set to Continue in 2020

As we enter the middle of January 2020, we are seeing very similar trends taking place in the housing market as last year. It’s important to stay informed to be able to make smart financial decisions. Mortgage rates continue to trend lower – in fact, they are down...