Economy Archives - Page 4 of 5

Millennials Are Now the Biggest Generation in the American Workforce, But Their Influence As Consumers Is Equally Important

Financiarul May 20, 2015July 19, 2024Business, Economy, Entrepreneurs, Technologyconsumers, generations, Millennials, workforce Leave a comment

Recent data from the Pew Research Center and a U.S. Census Bureau survey shows that Millennials are starting to become even more influential, now that they have become the largest generation in the American workforce. The Wall Street Journal and TIME magazine both report that there are 53.5 million Millennials in the workforce, making up about one-third of the working American population. A Pew analysis estimates that Millennials surpassed Gen Xers in the first quarter of the year; this generation is now slightly less … Continue reading “Millennials Are Now the Biggest Generation in the American Workforce, But Their Influence As Consumers Is Equally Important”

With Real Estate Heating Up, a Look at the Most Thriving Housing Markets in the Country

Financiarul May 18, 2015July 19, 2024Economyhome buyers, homes, housing market, real estate Leave a comment

As the weather warms up, so is the real estate sector all across the country — and many aspiring home buyers will have to act fast if they want to snatch up their dream home before another buyer does. According to a recent CNN Money report, an amazing 40% of homes on the market were sold over the last two months, a recent Trulia report found. That’s an increase from 38% during the same period last year — and a … Continue reading “With Real Estate Heating Up, a Look at the Most Thriving Housing Markets in the Country”

Homeowner Spending on Remodeling Projects Expected To Increase By the End of 2015

Financiarul April 24, 2015July 19, 2024Economy Leave a comment

According to new data from the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University, homeowners have become a bit more conservative in their spending for remodeling projects over the past year, but the industry is expected to pick up speed by the end of 2015. The data was collected for the Leading Indicator of Remodeling Activity (LIRA) group, which is part of Harvard’s Remodeling Futures Program and which analyzes national spending habits for homeowners. According … Continue reading “Homeowner Spending on Remodeling Projects Expected To Increase By the End of 2015”

Is It Worth Buying a Unique House with ‘Grandfathered in’ Architectural Features? It’s a Risk the Rich Are Willing to Take

Financiarul April 10, 2015July 19, 2024Business, Economy, Investing Leave a comment

Home buyers looking for a unique resale may be paying a premium, but they also might be getting a house that wouldn’t be built today, according to zoning laws. Extra-large mansions in some areas, especially, often don’t meet current building codes, according to the Wall Street Journal. Because many cities have stricter building codes today, home builders truly don’t make them how they used to. One such home belongs to Christian de Berdouare, from Miami Beach, FL. He obtained the … Continue reading “Is It Worth Buying a Unique House with ‘Grandfathered in’ Architectural Features? It’s a Risk the Rich Are Willing to Take”

As America Saves Week Kicks off, Experts Remind Consumers That Every Little Bit Counts

Financiarul March 2, 2015July 19, 2024Economy, Financing Leave a comment

On February 23, a national campaign kicked off, aimed at getting Americans to save more money. For those who missed it, however, there is still time to take advantage of savings tips from professionals. America Saves Week coincides with Military Saves Week, both of which promote good savings habits for people in the United States. As of Feb. 2, the national savings rate was only at 4.9%, which could use a boost. Some resources Americans can look into are websites … Continue reading “As America Saves Week Kicks off, Experts Remind Consumers That Every Little Bit Counts”

Want Your Marriage to Last? It Might Be as Simple as Spending Less on the Ceremony

Financiarul January 19, 2015July 19, 2024Economy Leave a comment

The rate of failure for American marriages is notoriously abysmal. According to the American Psychological Association, as many as 40 to 50% of marriages will end in divorce. This means that of the 180 or so marriages that take place in New York City alone on any given day, nearly 90 are doomed to fail from the start. But what if there was a way to ensure that your marriage lasts and doesn’t just become another statistic? The solution to … Continue reading “Want Your Marriage to Last? It Might Be as Simple as Spending Less on the Ceremony”

Real Estate Market Recovery Rate Becomes Wobbly as Housing Rates Fall

Financiarul December 18, 2014July 19, 2024Economy, Investing Leave a comment

The residential real estate market made a strong post-recession comeback, even thriving in certain areas of the U.S., especially the heartland. However, the market is experiencing a setback for the first time in three months following a startling November report. According to figures from the Commerce Department in Washington, in the first drop since August housing rates fell 1.6% to a 1.03 million annualized rate, a decrease from October’s 1.05 million pace which was stronger than anticipated. The culprit behind … Continue reading “Real Estate Market Recovery Rate Becomes Wobbly as Housing Rates Fall”