Consumer confidence in the U.S. is soaring yet again, reaching a 17-year high this month, according to the latest Consumer Confidence Index survey. The Conference Board’s latest survey of consumer confidence notes that consumer confidence rose to 129.5, its highest point since the index climbed to 132.6 in November 2000. Last month’s consumer confidence index already broke records, when the index for October increased to 125.9—the highest it had been since December 2000. The latest numbers have defied economists’ expectations, with many predicting that the index would go down to 124. “Consumer confidence increased for a fifth consecutive month and remains at a 17-year high,” Lynn Franco, director of Economic Indicators at The Conference Board, told CNBC. Franco predicts that the reason for the increase may have to do with consumers’ optimism about the economy’s expansion around the holiday season. “Consumers are entering the holiday season in very high spirits and foresee the economy expanding at a healthy pace into the early months of 2018,” Franco said. The index measures American consumers’ attitudes about the economy and their predictions of how it will fare during the next six months. Economists keep a watchful eye on this survey because consumer spending makes up 70 percent of economic activity in the U.S. https://www.conference-board.org/data/consumerconfidence.cfm

http://www.conference-board.org
The Conference Board is a global, independent business membership and research association working in the public interest
More info @ https://www.conference-board.org/data/consumerconfidence.cfm
Consumer confidence in the U.S. is soaring yet again, reaching a 17-year high this month, according to the latest Consumer Confidence Index survey.
The Conference Board’s latest survey of consumer confidence notes that consumer confidence rose to 129.5, its highest point since the index climbed to 132.6 in November 2000.

Last month’s consumer confidence index already broke records, when the index for October increased to 125.9—the highest it had been since December 2000.

The latest numbers have defied economists’ expectations, with many predicting that the index would go down to 124.

“Consumer confidence increased for a fifth consecutive month and remains at a 17-year high,” Lynn Franco, director of Economic Indicators at The Conference Board, told CNBC.

Franco predicts that the reason for the increase may have to do with consumers’ optimism about the economy’s expansion around the holiday season.

“Consumers are entering the holiday season in very high spirits and foresee the economy expanding at a healthy pace into the early months of 2018,” Franco said.

The index measures American consumers’ attitudes about the economy and their predictions of how it will fare during the next six months.

Economists keep a watchful eye on this survey because consumer spending makes up 70 percent of economic activity in the U.S.
https://www.conference-board.org/data/consumerconfidence.cfm Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 28, 2017 at 09:31PM

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Top 20 Small Cities in America 1 Princeton, NJ 11 Newton, MA 2 Lexington, MA 12 Melrose, MA 3 Leawood, KS 13 Brookfield, WI 4 Milton, MA 14 Sammamish, WA 5 Brentwood, TN 15 Kirkland, WA 6 Los Altos, CA 16 Saratoga, CA 7 Carmel, IN 17 Dublin, OH 8 Needham, MA 18 Palo Alto, CA 9 Holly Springs, NC 19 Westfield, NJ 10 Littleton, CO 20 Fishers, IN The Villages, Florida, has the highest homeownership rate, 96.25 percent, which is 108.1 times higher than in Fort Hood, Texas, the city with the lowest at 0.89 percent. Plainfield, Illinois, has the lowest share of the population living below poverty level, 1.90 percent, which is 27.5 times lower than in Statesboro, Georgia, the city with the highest at 52.3 percent. Fort Hood, Texas, has the shortest average commute time, 11.2 minutes, which is 3.9 times shorter than in Lake Elsinore, California, the city with the longest at 43.6 minutes. East Lansing, Michigan, has the fewest average hours worked per week, 28.2, which is 1.7 times fewer than in Fort Hood, Texas, the city with the most at 49.1. Castle Rock and Parker, Colorado, have the lowest share of adults in fair or poor health, 7.9 percent each, which is 4.7 times lower than in Eagle Pass, Texas, the city with the highest at 37.2 percent. https://wallethub.com/edu/best-worst-small-cities-to-live-in/16581/

2017’s Best Small Cities in America
2017’s Best Small Cities in America Oct 30, 2017 | Richie Bernardo, Senior Writer 0 SHARES Urbanization might be the trend for much of the population, but not everyone craves the bright lights and crowded spaces of the big metropolis. For those who appreciate more wiggle room, fewer degrees of s…
More info @ https://wallethub.com/edu/best-worst-small-cities-to-live-in/16581/
Top 20 Small Cities in America
1 Princeton, NJ 11 Newton, MA
2 Lexington, MA 12 Melrose, MA
3 Leawood, KS 13 Brookfield, WI
4 Milton, MA 14 Sammamish, WA
5 Brentwood, TN 15 Kirkland, WA
6 Los Altos, CA 16 Saratoga, CA
7 Carmel, IN 17 Dublin, OH
8 Needham, MA 18 Palo Alto, CA
9 Holly Springs, NC 19 Westfield, NJ
10 Littleton, CO 20 Fishers, IN

The Villages, Florida, has the highest homeownership rate, 96.25 percent, which is 108.1 times higher than in Fort Hood, Texas, the city with the lowest at 0.89 percent.

Plainfield, Illinois, has the lowest share of the population living below poverty level, 1.90 percent, which is 27.5 times lower than in Statesboro, Georgia, the city with the highest at 52.3 percent.

Fort Hood, Texas, has the shortest average commute time, 11.2 minutes, which is 3.9 times shorter than in Lake Elsinore, California, the city with the longest at 43.6 minutes.

East Lansing, Michigan, has the fewest average hours worked per week, 28.2, which is 1.7 times fewer than in Fort Hood, Texas, the city with the most at 49.1.

Castle Rock and Parker, Colorado, have the lowest share of adults in fair or poor health, 7.9 percent each, which is 4.7 times lower than in Eagle Pass, Texas, the city with the highest at 37.2 percent.

https://wallethub.com/edu/best-worst-small-cities-to-live-in/16581/ Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 28, 2017 at 08:43PM

U.S. purchases of new homes unexpectedly advanced in broad fashion last month, reaching the strongest pace in a decade and offering an encouraging signal for residential construction, according to government data released Monday. Single-family home sales rose 6.2% m/m to 685k annualized pace (est. 627k), the highest since Oct. 2007, a revised 645k rate Purchases in the South increased for a third month, to the fastest pace in 10 years Median sales price increased 3.3% y/y to $312,800 Supply of homes at current sales rate fell to 4.9 months, the smallest since July 2016, from 5.2 months; 282,000 new houses were on market at end of October Number of homes sold but not yet started rose to 247,000 in October from 184,000; another 221,000 dwellings sold were already under construction Commerce Department said there was 90 percent confidence that the change in sales last month ranged from an 11.8 percent drop to a 24.2 percent increase, underscoring the volatility of the data Report released jointly by the Census Bureau and Department of Housing and Urban Development in Washington

U.S. New-Home Sales Unexpectedly Rise to Highest in a Decade
U.S. purchases of new homes unexpectedly advanced in broad fashion last month, reaching the strongest pace in a decade and offering an encouraging signal for residential construction, according to government data released Monday.
More info @ https://www.bloomberg.com/news/articles/2017-11-27/u-s-new-home-sales-unexpectedly-climb-to-highest-in-a-decade
U.S. purchases of new homes unexpectedly advanced in broad fashion last month, reaching the strongest pace in a decade and offering an encouraging signal for residential construction, according to government data released Monday.

Single-family home sales rose 6.2% m/m to 685k annualized pace (est. 627k), the highest since Oct. 2007, a revised 645k rate
Purchases in the South increased for a third month, to the fastest pace in 10 years
Median sales price increased 3.3% y/y to $312,800
Supply of homes at current sales rate fell to 4.9 months, the smallest since July 2016, from 5.2 months; 282,000 new houses were on market at end of October
Number of homes sold but not yet started rose to 247,000 in October from 184,000; another 221,000 dwellings sold were already under construction
Commerce Department said there was 90 percent confidence that the change in sales last month ranged from an 11.8 percent drop to a 24.2 percent increase, underscoring the volatility of the data
Report released jointly by the Census Bureau and Department of Housing and Urban Development in Washington Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 27, 2017 at 08:20AM

https://blogs.wsj.com/moneybeat/2017/11/20/u-s-growth-forecasts-are-on-the-rise/

U.S. Growth Forecasts Are on the Rise
Don’t look now, but U.S. growth forecasts are moving higher. That’s helping to support U.S. stocks.
More info @ https://blogs.wsj.com/moneybeat/2017/11/20/u-s-growth-forecasts-are-on-the-rise/
https://blogs.wsj.com/moneybeat/2017/11/20/u-s-growth-forecasts-are-on-the-rise/ Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 20, 2017 at 08:05AM

“Thirteen states this year have seen their unemployment rates drop to the lowest levels ever recorded since the federal government began keeping track of state-level data more than four decades ago.” http://thehill.com/homenews/state-watch/360916-unemployment-rate-hit-record-low-in-13-states-this-year

Unemployment rate hit record low in 13 states this year
Thirteen states this year have seen their unemployment rates drop to the lowest levels ever recorded since the federal government began keeping track of state-level data more than four decades ago. Eight years after th
More info @ http://thehill.com/homenews/state-watch/360916-unemployment-rate-hit-record-low-in-13-states-this-year
“Thirteen states this year have seen their unemployment rates drop to the lowest levels ever recorded since the federal government began keeping track of state-level data more than four decades ago.”
http://thehill.com/homenews/state-watch/360916-unemployment-rate-hit-record-low-in-13-states-this-year Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 17, 2017 at 07:39PM

www.realestatejuice.com/facebook-real-estate-listings/

Facebook launches massive push into real estate listings
Zillow. Trulia. Realtor.com. Redfin. All household names in the real estate listings world, right? Well, those companies now have some serious competition from a company that boasts an audience that dwarfs all of those sites put together – Facebook. That’s right. Facebook is coming to real estate li…
More info @ http://www.realestatejuice.com/facebook-real-estate-listings/
http://www.realestatejuice.com/facebook-real-estate-listings/ Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 16, 2017 at 08:54PM

Florida ranks No. 2 for growth in women-owned businesses
The Sunshine State is particularly sunny for women-owned firms, according to a new study. Florida had the second-highest growth in the number of women-owned businesses over the past 20 years, accordi
More info @ http://www.tampabay.com/news/business/corporate/Florida-ranks-No-2-for-growth-in-women-owned-businesses_162454693?itx%5Bidio%5D=5765856&ito=792&itq=e7920155-ef96-4e01-a4c2-6b8bc9c03e05
Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 09, 2017 at 01:20PM

https://twitter.com/JDPower/status/928683313769865216

J.D. Power on Twitter
“Congrats to @guildmortgageco for ranking highest for customer satisfaction in our U.S. Primary Mortgage Origination Satisfaction Study! #JDPowerAwards https://t.co/Vh1uyiz0Wp”
More info @ https://twitter.com/JDPower/status/928683313769865216
https://twitter.com/JDPower/status/928683313769865216 Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
November 09, 2017 at 11:59AM