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Economy • August 28, 2018
How Will the Real Estate Market Respond to Rising Interest Rates?
by Philip Cooper
Buyers Are You Better Off Paying Your Mortgage Earlier or Investing Your Money? Photo Credit: Rawpixel via Unsplash Few topics cause more division among economists than the age-old debate of whether you’re better off paying off your mortgage earlier, or investing that money instead. And there’s a good reason why that debate continues; both sides make compelling arguments. For many people, their mortgage is the largest expense they […]
Fun facts Misery Index Last week at our Market Forecast events, Chief Economist Matthew Gardner shared, among many stats, his famous “Misery Index.” A valuable statistic with a funny title. The Misery Index simply measures inflation plus unemployment. It’s an effective way to look at our Nation’s economy. Today’s Index sits just below 6%. Back in October 2011, it […]
For Buyers & Sellers FUNdamentals In times of change (like now), it’s valuable to look at the fundamentals of our market. Let’s have some fun with fundamentals… 1. Our economy is healthy – since 1990, the unemployment rate in Colorado has never been higher than the U.S. unemployment rate. Ever. Unemployment in Colorado sits at 2.7% today while the rate across […]