Did You Know...
Richard Elias
Top Producer | Real Estate Professional | All Surrounding San Diego Areas | COMPASS
* It takes two??According to a February 2023 Bankrate survey, 43% of Gen Z and 31% of millennials say they prefer to keep all of their accounts separate, compared to 19% of Gen X and 18% of baby boomers. (CNBC)
* It's a hot Summer! The daily average surface temperature off the Florida Keys on Monday was just over 90 degrees, according to the National Oceanic and Atmospheric Administration. Corals typically experience the most heat stress in August and September. (NY TIMES)
*? The housing market is responding less to traditional seasonal patterns and more to mortgage rates. If rates decline later this year, not only will financing be cheaper, but there may be more homes on the market than is typical outside of the spring/summer
* As drought-stricken Arizona bakes in searing heat, the Scottsdale City Council unanimously agreed this week to ban natural grass in front of future single-family homes in an effort to conserve water. The new ordinance will apply to new houses constructed or permitted after August 15. 86% of water customers agreed this measure was appropriate and necessary.
*?469,500 residents moved out of Florida in 2022, 433,402 residents left California and 287,249 residents moved from New York. HOWEVER ....Florida had a net GAIN of over 205,000 new residents while California had a small net loss of 9,421.? New York gained just 2,908 net.