is my attempt to make sense of it all for you, the real estate professional, from an overall economic standpoint.
There were a lot of housing-related data releases worthy of discussion this past month, so let’s get straight to it. I’m going to start out with the latest homeownership data that was just released by the U.S. Census Bureau.
Homeownership rate
Those of you who regularly watch my videos may remember that last year, I suggested that the data may have been a little bit suspect specifically when it came to the second and third quarter ownership rates.
Dan Springer reports on the mixed messages coming out of Seattle on prosecuting violent protesters.
Plagued by surging violent crime and uncontrollable homelessness, Seattle business owners have had it. They are getting out of town before their employees or customers are seriously injured. Residents are following suit.
Seattleites are being chased by aggressive, mentally ill homeless people. Professionals are dodging human waste on sidewalks as they walk to business meetings. Antifa riots are still destroying storefronts, deadly overdoses are surging, and police are leaving the hamstrung department in historic numbers.
Seattle is on life support, while the mayor and City Council remain silent on the worsening crisis.
Since 2011, Americans have been steadily moving to western and southern states, but where are they coming from, and why are they moving? A new 2020 U. S. migration report from North American Moving Services shows people are leaving places with cold weather and high costs of living. Illinois, New York, and New Jersey are the states with the most outbound moves, while the only western state to be steadily losing people is California. You can check.