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Did You Know?
"The US debt reaches $34 trillion and Yes, $34 trillion is a big number, but $142 trillion is even bigger and much more important because it represents the total wealth of Americans, a massive resource that helps fund government debt and deficits." –Claudia Sahm, former Federal Reserve Economist
Did You Know?
Did December FOMO spending and 'buy-now-pay-later' fuel a small spike in inflation in December? We shall see... Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%. Housing drove more than half of this gain......HOUSE-flation? (CNBC)
Did You Know?
The number of Americans ages 100 and older is projected to more than quadruple over the next 3 decades, from an estimated 101,000 in 2024 to about 422,000 in 2054, according to projections from the U.S. Census Bureau. Centenarians currently make up just 0.03% of the overall U.S. population, and they are expected to reach 0.1% in 2054. Expect people to work longer, remain active longer, and need homes that allow for those who don't like/want stairs!
Did You Know?
"I estimate that there are 4 cuts built into the Fed. Powell indicated a willingness to cut if needed which may be more important than the cuts themselves. I do think they will cut rates because inflation has slowed down. Big rate cuts would indicate notable economic slowdown." -–Jeremy Siegel (Wharton) CNBC
Did You Know?
A comprehensive evaluation of what might be the best states to raise a family analyzed 5 key pillars: Family Fun, Health & Safety, Education & Child Care, Affordability and Socio-economics. Utilizing 50 pertinent metrics graded on a 100-point scale to determine optimal living conditions for families, the #1 spot went to......Massachusetts (for the second year), known especially for its outstanding education and child care. Next was North Dakota, Minnesota, Nebraska, New York, Maine, New Hampshire, South Dakota, Rhode Island and Vermont. (Wallethub)
(They obviously don’t know what it is like to live in Emerald Bay in Laguna Beach CA - Let’s keep it a secret!)
Did You Know?
Web traffic matters when people try to learn about a brokerage, search for listings and research agents. How does COMPASS compare to other luxury national brokerages? Here are some WEB TRAFFIC numbers (Total visits 3 months, October - December 2023) (Similarweb)
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