iBankCoin
Home / Tag Archives: investment

Tag Archives: investment

Where Job Markets are Boosting Investment Markets

 

In 2017, the American economy has proven resilient as it has managed to stay on a recovery course despite political scandals and turmoil in the White House. During the early days of the year, the United States Bureau of Labor Statistics reported that the national unemployment rate had fallen to 4.6 percent; the last time American workers enjoyed such an abundance of available jobs was in 2007. A survey conducted in January 2017 indicated that employers planned to increase their payrolls by more than six percent this year, and the overall sentiment for business growth was very positive when compared to previous years.

 

In July 2017, The New York Times reported that job growth was still on track to keep growing, but the economic expansion is showing some uneven characteristics. Sales of new automobiles are falling at the same time shopping malls and major department stores are reducing their operations; moreover, the demand for new workers is greatly outpacing wage growth.

 

According to a July report by Quicken Loans, the pace of imported goods coming into the country increased to $52.8 billion, which reflects an increase of more than $1.1 billion; this jump in import activity is correlated to an increase in domestic investment by retailers and manufacturers that purchase tools, equipment, and raw materials. It is important to note, however, that investment levels are not uniform across the country.

 

There is a reality that job seekers and investors must face in today’s economy: the chances of landing a good job or capitalizing on an investment will largely depend on the region. Investors who want to see capital growth should focus on the metropolitan areas where job seekers are succeeding in terms of getting hired and being compensated accordingly.

 

The Canyon State: Where Job Seekers and Investors Meet

 

A January market research study by personal finance website Wallethub revealed that Arizona is the leading state in terms of job and investment growth. In a list ranking the best cities presenting job opportunities as well as a positive socio economic climate for investing, four Arizona cities were in among the top 20: Scottsdale, Chandler, Peoria, and Gilbert. In fact, Scottsdale was the top job market on the list.

 

Most Phoenix movers are probably very busy in 2017; this is a city that used to be one of the most promising local economies prior to the calamitous Wall Street crash of 2008. These days, workers, entrepreneurs, investors, and business owners are setting their sights on Scottsdale.

 

The Lone Star State: Technology and Quality of Life

 

Plano, Garland, Austin, and Dallas are also attractive cities for prospective employees and investors, particularly for those who are interested in the tech sector. Since 2015, Austin has been mentioned as the Silicon Valley of Texas due to its high number of tech startups and burgeoning quality of life. Major tech firms such as Google and Facebook have been opening offices in Austin in recent years, and venture capital investment firms have followed suit.

 

The Tar Heel State: Unexpected Tourism Expansion

 

In North Carolina’s Research Triangle of Raleigh, Durham and Chapel Hill, local business owners have been surprised by an unusual spike in tourism. This part of the country is known for being an active research and development hub, but its economic output came crashing down in 2008. Since then, the local tech sector has been slow to recover; however, the same cannot be said about tourism. According to statistics compiled by the Greater Raleigh Convention and Visitors Bureau, tourists spent nearly $2.5 billion in 2016. What is interesting about this figure is that this region is not traditionally known as a tourism destination; nonetheless, many of the visitors are foreign students on short “semester abroad” programs managed through partnership between local and overseas universities. As a result. entrepreneurs are paying attention to this trend and setting up shop in North Carolina.

 

In the end, it is safe to say that investment and high employment levels will continue to grow together in 2017; the next economic development will hopefully be associated with wage growth.

Comments »

Planning Ahead: 4 Things Sellers Should Invest In This Spring

There might be snow on the ground and a wind chill outside right now, but winter will be over before you know it. With the change in weather spring, one of the busiest times of year when it comes to real estate. If you are planning on selling your home, there are some things you should invest in to help ensure that your home is in ideal condition and able to attract buyers for the right price.

1. An Inspection

This is something of a catch-all. A home inspector will survey your home and see what issues there might be with the house that you haven’t noticed. This could include faulty wiring, pests and leaky faucets. Remember: as inspectors, they won’t be able to fix all these problems themselves, but they will be able to find them in hopefully enough time for you to remedy them before you sell.

Expected Cost: Between $315 and $400.

2. Professional Cleaning Service

You might think you keep your house clean, but trust us—there’s a difference between the cleanliness standard needed for living in a house and selling that house. Even if you always scrub the shower, sweep the living room on a consistent basis, and never leave a single dirty dish or saucepan out, living in a house tends to make it look, well… used. It’s not negligence; it’s just the way things work.

That’s why it’s often a good idea to contact a professional maid service to clean up your house, particularly when your home is up on the market. Note that your house should most certainly not be in a state of disarray before the cleaners come. Instead, you should clean up as best as you can and let them handle the finishing touches so that your house can go from looking great to looking perfect. Also, schedule the appointment as close to when you list the home as possible. Otherwise, you risk the house getting dirty again and you’ll need to schedule another appointment.

Expected Cost: Between $25 and $35 per hour.

3. Yard Care

Curb appeal is something that cannot be taken for granted when selling a home. You could have the most pristine, gorgeous manor on the inside, but if the yard is decayed and decrepit, buyers won’t even make it to the front door. That’s why you should invest in proper lawn maintenance. You’ll need to find people who can mow a lawn, trim hedges, pull weeds and more once the sun starts coming out.

Yard pest control is also an important thing to keep in mind. Moles leave unsightly holes, and hornets and other stinging insects can make entire sections of your yard impassable. Beyond that, while It might just seem like an outdoor problem at first, if mice, mosquitoes, termites and more aren’t taken care of, they can migrate inside, spelling disaster for the value of your home. Find professional, trusted exterminators who can take care of any potential pest problems, and you’ll save yourself a lot of stress.

Expected Cost: Between $35 and $50 per visit

4. New Paint Job

Paint is meant to provide color and liveliness to a house, which will make it more enticing for potential buyers; however, it can backfire. For instance, paint that has faded or chipped away is not very enticing. Whether it’s on the outside of your home, inside, or both, get the paint touched up if it needs it. Meanwhile, while you may enjoy having a home painted a bold color that stands out, potential buyers might consider it an eyesore and walk away. To attract more buyers, get your walls repainted in a more neutral, widely appealing color.

Expected Cost: Between $1,700 and $3,600.

We hope you follow this advice as you prepare to sell your house. Though selling your home might seem arduous and stressful, it can be made much easier by tackling these issues as soon as possible. Not only will your new home buyers appreciate the effort you took to make their new residence as livable as possible; there’s a good chance that you will be able to sell it for a higher price.

Comments »