Mabel Melton Properties

DID YOU KNOW? In a dramatic shift from a decade ago, tech workers in Seattle earn much more than the average financial sector workers in New York City. (BLOOMBERG)

DID YOU KNOW? The CBO projects 2.2% economic US growth in 2020, 1.9% in 2021, and 1.7% after that, and the forecast calls for the unemployment rate to begin rising in 2022 but to remain below historical averages. The jobless rate was 3.5% in December. (WSJ)

DID YOU KNOW? According to recent data from Preqin, the private equity industry (which includes venture capital) has a record $1.5 trillion cash pile of so-called “dry powder,” or undeployed capital, going into 2020. (Fortune)

DID YOU KNOW? Buying a median-priced, three-bedroom home was more affordable than renting in only 53% of the 855 counties analyzed across the U.S., making renting in the other counties the more affordable option.....according to a recent report by Attom Data Solutions. While it may be true that total out-of-pocket monthly costs are sometimes cheaper when renting, often these reports omit one tiny - but important - detail: EQUITY BUILDING. At the end of a 30-year period of renting you have zero to show for your money. The same is not true once you’ve paid off your mortgage. (Marketwatch)

DID YOU KNOW? The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, at 3.69%, according to Mortgage News Daily. (CNBC)