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Economic Optimism Hits Decade High

According to the latest Investors Business Daily’s Economic Optimism Index, economic optimism rose 3.4 points to 54.8 – the highest reading in a decade.  The IBD’s Economic Optimism Index is a composite of three major sub-indexes that track views of near-term economic prospects, the outlook for personal finances...
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Over 6 Million Homeowners Seriously Underwater

Over 6 Million Homeowners Seriously Underwater Attom Data Solutions (parent to RealtyTrac) recently released their Q3 2016 U.S. Home Equity and Underwater Report, which shows that over 13 million U.S. homeowners (23.4%) were equity rich (with a loan-to-value ratio of 50% or lower).  However their report revealed that...
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Economic Optimism Hits Decade High

Economic Optimism Hits Decade High According to the latest Investors Business Daily’s Economic Optimism Index, economic optimism rose 3.4 points to 54.8 – the highest reading in a decade.  The IBD’s Economic Optimism Index is a composite of three major sub-indexes that track views of near-term economic prospects,...
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Home Prices Fueled by “Potent Cocktail” of High Demand

Information powerhouse CoreLogic recently released their monthly U.S. Home Price Insights (HPI) Report that shows home prices are up 6.7% in October (year over year) and up 1.1% from September 2016.   In addition, CoreLogic’s HPI Forecast indicates that home prices will increase by 4.6% through October 2017, and...
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U.S. Median Rent for One-Bedroom Apartment is $1,129

Rental information site Zumper recently released their National Rent Report for December showing that the median national rent for 1-bedroom apartment was $ 1,129 and $ 1,340 for a 2-bedroom apartment.  San Francisco continues to dominate their National Rent Index of 100 cities at $ 3,300/$ 4500 with...
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