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Did You Know?


DID YOU KNOW? The U.S. Census Bureau reports homeownership vacancies are below 1% in more than 33% of the nation’s 75 largest metropolitan areas. Vacancy rates rounded to zero last quarter in Greensboro-High Point, North Carolina; Syracuse, New York; Louisville/Jefferson County, Kentucky; Hartford-West Hartford-East Hartford, Connecticut; Grand Rapids-Wyoming, Michigan and Akron, Ohio. (Bloomberg)
 
DID YOU KNOW? The 30-year fixed-rate mortgage averaged 4.20% during the April 25 week, Freddie Mac said Thursday. That was up three basis points during the week and marked the fourth straight weekly rise for the popular product. The 15-year fixed-rate mortgage averaged 3.64%, up from 3.62%. Mortgage applications hit a nine-year high in recent weeks, according to the Mortgage Bankers Association.(Marketwatch)
 
DID YOU KNOW? First quarter US GDP likely is expected to have grown at a healthy 2.5% pace, a far cry from the early estimates of near zero growth. (CNBC)
 
DID YOU KNOW? The average Tax refund check for the week ended April 19 was $2,725, according to the tax agency. That’s down 2% from a year ago. In all, the federal government paid $260.9 billion in refunds to taxpayers, compared to $265.3 billion in 2018. The average earner received a $1,200 tax cut, middle earners $800 and the top 5% got a $14,000 tax cut. Biggest winners were top earners and business owners/investors in Texas, Florida and Washington State. The biggest losers were salaried people in New York and California
 
DID YOU KNOW? The top three counties with the highest average property taxes were Westchester County, New York ($17,392); Rockland County, New York ($12,925); and Marin County, California ($12,242) (CNBC)



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