DID YOU KNOW? Canadian Real Estate sales are improving: their Association indicates sales rose 1.9% in May from the previous month, to reach the highest level since January 2018. Actual sales, or not seasonally adjusted, climbed 6.7% from May a year ago, the largest 12-month advance since the summer of 2016. (WSJ)


DID YOU KNOW? Small business loan applications rose again in May, hitting a record high of 27.7% of applications at big banks, versus under 10% in the same period in 2011, and jumping to 49.9% at small banks in 2019, compared with 42.5% in 2011. (NY POST)

DID YOU KNOW? Many home buyers can afford monthly mortgage payments but lack savings for a down payment, boosting the popularity of government-funded assistance programs. More than 13% of borrowers who used the FHA mortgage in the first 3 months of 2019 got government help with the down payment, up from 8.6% five years earlier, (FHA) The share of buyers who used one of the more than 2,500 down-payment-assistance programs across the country doubled to 10% between 2013 and 2016, according to a Freddie Mac analysis of the National Survey of Mortgage Originations.

DID YOU KNOW? Almost 100 million Americans (40% of U.S. adults) will take a family trip in 2019, according to AAA, up slightly from last year. Bankrate.com found in a March 2019 survey of 2,577 adults that 52% are planning a summer holiday this year. Most plan to spend an average of 2-3 weeks income on their vacation/s. 83% will vacation within the USA.  (CNBC)

DID YOU KNOW?  Will the Fed announce lower interest rates at its meeting on Wednesday? Only 40% of the financial markets believe it will.... the jobs report came in significantly weaker than expected last month, so.... (Marketwatch)

DID YOU KNOW?  Was the first half of 2018 the PEAK of the US housing market?  For some - not all - areas it appears so. These are signs of a cooling market that we are witnessing in many areas:

1.  More price reductions not only on unrealistic asking prices.

2.  Longer time to sell.

3.  Growing inventory.

4.  Fewer bidding wars.

5.  Notably reduced sales volume.

6.  More lax lending standards

None of this necessarily predicates a 'plunge' as some naysayers continually warn, but these signs should not be ignored when planning, marketing, pricing and negotiating. Agents should re-adjust marketing strategies to allow more time to sell and set realistic expectations up front. We must always be the voice of calm, fact-based reality dealing with the markets as they are - whatever they may be - not what we would want or like them to be.

DID YOU KNOW? Naples was voted the best US beachtown to live in by WalletHub. Congrats! Of the top 25, 44% towns were in Florida and 44% in California. WalletHub compared 192 cities across 62 key indicators of livability....and attainability. Not every beach town is crazy-expensive. The study took into consideration 6 factors to reach its conclusion: Affordability, weather, safety, economy, education & health, and quality of life. Rye, NY was deemed the safest of all the towns and Merritt Island, FL the most affordable and Naples was #1 for quality of life. Using a saved search, YOU can create a Naples beachfront home Collection (or a town you know your clients may be interested in) and send to your network with a link to this story. There are amazing Compass agents in Naples as well as most other great beach towns! (NBC)


"The launch of 5G will be similar to turning on your microwave, opening its door, and leaving it on for the rest of your life. There’s good reason why hundreds of scientists are taking action against the wireless industry." - Paul Wagner. Thanks, Maggie Sherman for reminding us that sometimes with great advancements in technology come great health risks too.... Here are a few tips that can protect you, in the best possible way, from 5G radiation:
1.  Keep your distance as much as possible. Keep phones out of bedrooms.
2.  Measure levels whenever possible.
3.  Buy an EMF shield. HERE are some ideas.  
4.  Protect your home as much as possible. How close is your home to a cell tower?
5.  Eat a healthy diet to boost your immune system.
6.  Try earthing, eg: walking barefoot. There are some products that minimize radiation.
7.  Educate yourself, team, friends and family as much as possible.


DID YOU KNOW? Total U.S. consumer debt hit $14 trillion in the first quarter of 2019, surpassing the $13 trillion of leverage accumulated in credit cards, auto loans,mortgages and other debt back in 2008, at the beginning of the Great Recession. The US economy has also grown by 19% since 2008 and the US population has grown by almost 8% since 2008. Student loan debt has more than DOUBLED since then, one big negative for first-time homebuyers. (Marketwatch)


DID YOU KNOW? Big private-equity firms, real-estate speculators and other investors that buy properties comprised more than 11% of U.S. home purchasers in 2018.


DID YOU KNOW? Opendoor, Zillow and Offerpad bought nearly 5,000 houses in the Phoenix metro area, roughly 5% of existing homes sold. Big investors now own more than 22,000 rental houses in metro Phoenix. (WSJ)


DID YOU KNOW? US-China trade talks have apparently hit an impass after several weeks of solid hope that a deal was about to be struck. This deal is a critical factor for the US economy right now and one we need to watch closely. Markets don't like uncertainty. (WSJ)

DID YOU KNOW? Roughly 25% of millennials say they receive financial support from their parents for rent, mortgage and student loan payments.13% say their parents pay all of their rent or mortgage. (CNBC)

DID YOU KNOW? The number of households with student loan debt doubled from 1998 to 2016 (Pew). The median amount of loan debt millennials carried was $19,000, significantly higher than Gen-Xers’ balance of $12,800 at the same age. Middle-class life is now 30% more expensive than it was 20 years ago (That's about 1.35% annual inflation). (CNBC)

DID YOU KNOW? IRS data for 2016 show that the so-called 1% of taxpayers earning more than $500,000 in adjusted gross income included 1.3 million of the total 150.3 million returns filed that year. (Marketwatch)

DID YOU KNOW?  What was the job most billionaires had before making their billions?  SALES.  Sales is the driver of ALL business. Sales is the fundamental aspect to all businesses and without it, businesses could not and would survive. Sales are the oxygen of business. No great leader doesn't understand this. Few - if any - super-successful entrepreneurs are bad at sales or don't fully appreciate the role sales play in every organization. (CNBC)

DID YOU KNOW? Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. New home sales increased 4.5% to a seasonally adjusted annual rate of 692,000 units last month, the highest level since November 2017. February’s sales pace was revised down to 662,000 units from the previously reported 667,000 units. Economists polled by Reuters had forecast new home sales, which account for 11.7% of housing market sales, decreasing 2.5% to a pace of 650,000 units in March. The median new house price dropped 9.7% to $302,700 in March from a year ago, the lowest level since February 2017. The drop was because of an increase in the share of homes sold in the $200,000-$300,000 price range.(Reuters)

DID YOU KNOW? While many people retiring might fantasize about a big move, most stay within their own state. The Census Bureau estimates that only 348,000 people moved last year for retirement reasons. These are the 10 most popular retirement cities… 1. Henderson, Nev. 2. San Antonio, Texas 3. Scottsdale, Ariz. 4. Mesa, Ariz. 5. Las Vegas, Nev. 6. Gilbert, Ariz. 7. Surprise, Ariz. 8. Raleigh, N.C. 9. Eugene, Ore. 10. Peoria, Ariz.

DID YOU KNOW? The S&P 500 and the Nasdaq closed at record highs yesterday as strong earnings and Wall Street optimism bolstered retail and health-care companies. The Dow also ended the day with healthy gains. In earnings news, almost 80% of companies to report so far have beaten expectations. (Barrons)

DID YOU KNOW? NIkla Ahola from Compass Naples sent us news that Naples has been voted again the HAPPIEST, HEALTHIEST CITY IN THE USA for the 4th year in a row by Gallup! Salinas, Santa Rosa, Boulder and Ann Arbor came in second through fifth respectively.

English French German Portuguese Spanish