Food for Thoughts

 

Why is this Happening?

 

People are Preferring Dogs and Cats over Children

 

Good Life Advice from Grandma

 

From a syndicated personal finance columnist:

The best advice I received was from my Grandmother. 

When I was 14 and got my first job as a tutor, she told me to save something from that paycheck--and every time I got paid.

So, all my working life, I have saved part of my payday. Every. Single. Paycheck. She made me a lifelong saver in good times and bad.

My husband and I put our children through college with no debt, largely because of our saving habits.

Lots of people look for a quick way to get rich. 

But my Grandma was right: Save a little something from every paycheck and patiently grow your wealth.

The Magic number to set your AC Temp

 

78 degrees Fahrenheit - the magic number

According to Energy Star, a program of the US Environmental Protection Agency and the US Department of Energy, 78 degrees Fahrenheit is the ideal temperature for air conditioners in the summer.

This setting helps you stay cool while simultaneously saving money because it strikes the perfect mix between comfort and energy economy. 

 

Real Estate Market Update

 The Real estate Market in Illinois AND Indiana is still good, due to a shortage of Listings.

There are still buyers out there, despite interest rates being around 6.6%.

Another measure we use to determine market activity is called Absorption rate.

AB rates: less than 5 (months) indicate a Sellers market.

AB rates 5-7, indicate a balanced market.

AB rates greater than 7, indicate a buyers market.

NW Indiana, including Cedar Lake, Munster, Dyer, Highland, Schererville, St. John and Crown Point, is currently at 1.8.

If you are a seller, this is still great news. Listing inventory is low.

If you are a buyer, this is still good, because there are fewer buyers and less competition. Fewer multiple contracts.

In the Southern Cook county Illinois suburbs of Lansing, Thornton, South Holland and Lynwood, the AB rate is 2.6.  Yes, a Sellers market with the same reasons as Indiana.