In addition to many other issues, your choice of candidate in the 2016 presidential election will have an impact on your wealth! Specifically each of the candidates has their own opinion as it relates to the way in which federal income taxes should be collected and on which income brackets that the greatest tax burden should […]
In other words in which cities around the U.S. is the cost to rent so high that having at least one roommate is not really an option, but is a necessity? Having a twenty-something child who recently moved into New York City, I know this problem first-hand! Of course the numbers concerning apartment sharing are […]
Higher rents putting a crimp in savings rates coupled with higher prices for houses means first-time homebuyers have to wait that much longer! Some may have noticed that the rent vs buy comparison has been a common thread for the last few articles that have appeared here. Net Worth Comparison: Owners vs Renters! Percentage Of Income […]
It’s often stated that for many Americans a majority of their net worth is in the equity that has have grown in their primary residence! While of course that component of wealth took a major hit from the 2008 financial crisis slowly, along with rising home values, some portion of that wealth has come back. Recently […]
Spending over 40% of income on rent is nothing new in New York City, Los Angeles and Miami but… Those trends are taking hold in more and more metro areas around the country as well! So while rents continue on a sharp upward trajectory, it may surprise some (or not) that while the national average of monthly income […]
Why is it that a title insurance guy is beating the drum about the potential economic impact of plunging crude oil prices? You’re probably asking yourself ‘shouldn’t he be focusing on things that he knows about or that may affect his business?’ Well the truth is that the potential economic ramifications of crashing crude oil […]
Follow @Hallmark Abstract Service Also at the Hallmark Abstract Service blog in time for the NBA playoffs: ‘NBA Chart: Playoff/Regular Season ticket price comparison!‘ And in some locations the percentage of household income going to paying rent can be close to 50%! On an historical basis the median household has typically spent in the range […]
Follow @Hallmark Abstract Service US Economic Calendar for the Week of March 24, 2014 For real estate investors, potential home buyers worried about mortgage rates or current home owners looking to either refinance or sell, the economic data to be released in the upcoming week will most certainly have some degree of impact. The data […]
