Tax Extension Fine Print, MBS Catch a Break, Inflation Indicators
The Federal tax deadline was delayed to May 17th but please read the fine print – not all states have extended their deadline to conform with federal guidelines and some states have even pushed it out further. If you are self employed and you pay quarterly estimated taxes, the due date for first quarterly payment […]
Digital Renaissance & February Jobs Report
Cryptocurrency has given birth to a Renaissance* in digital art. This pixelated pop-tart rainbow cat’s original image and code (non-fungible token) sold for a whopping $590,000. A NFT or non-fungible token cannot be exchanged for another thing of equal value, it’s one of a kind. Which is how cryptocurrency is sold. Ultimately what your buying […]
2021 = Recovery? Home Sales & Values on Fire
Three positive economic indicators in 2021:1.) People are spending money again – retail sales are up 5% and bar/restaurant sales are up 7%2.) The lives of more economically vulnerable people are improving – 5 million fewer people reported not having enough food to eat (unfortunately there are still 24M people short on food) and only […]
Rural Relocation Bonus, Massive Appreciation, Jobs Update
Instead of offering tax incentives to lure corporate headquarters, some rural cities are offering ‘relocation bonuses’ of up to $10,000 & a new bike to draw young professionals working remotely to their towns. Rates – improved slightly this week as Mortgage Backed Securities (MBS) bounced up, breaking outside of the narrow December trading range. This […]