Did You Know?

CONGRATULATIONS to all at Compass for winning the 2019 WEBBY AWARD for the best real estate website in the USA! 

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.

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