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In 2023, the top ten fastest-growing U.S. counties and metro areas were all in the South. Here’s what’s making people move.
• It will be a shortened trading week as U.S. markets are closed for Good Friday at the end of the week.
• Tech stocks including Intel and Microsoft dipped on reports that China plans to block the use of some U.S.-made microprocessors in its government computers.
• Durable goods orders for February. We’ll also get a housing update from the Case-Shiller home price index.
• In earnings, GameStop and McCormick & Company will report.
It’s rough being a home buyer these days, as home prices and interest rates remain elevated.
The process can get more challenging when you’re buying a home out of state.
Whether you are relocating for a new job, family obligations, or because you need a change of scenery, do some research ahead of time, be it through a trip, or online forums.
Get help on the ground. While you can navigate the home buying process solo, working with a local real estate agent can help familiarize yourself with the local housing market.
Get pre-approved. Getting a pre-approval letter from a lender can simplify the process of getting a home loan and help you look at homes at the right price point.
Get your budget in order. If you are selling and buying at the same time, timing might feel tricky. But you have options to help cover costs, including using a home equity loan or a bridge loan.
An industry-wide shortage of planes, coupled with climbing demand, could mean airfares will keep going up in time for your summer vacation.
Read more >> The lasteast inflation buzzword: climateflationWe’ve had shrinkflation and tipflation, but have you heard of climateflation? Here’s what you need to know.
Read more >> Creating your own financial planPlanning for the future can be overwhelming, whether it’s about the near or long-term. Here’s how to get started.
Read more >>Other news that caught our eye
Boeing CEO Dave Calhoun and other executives will step down amid the company’s recent quality and manufacturing problems.
The Department of Energy is awarding $6 billion to reduce emissions in the industrial sector, which accounts for a quarter of the nation's total emissions.
The E.U. launched an investigation into Apple, Google, and Meta over potential noncompliance with the new Digital Markets Act, which aims to promote competition in digital services.
Ozempic-maker Novo Nordisk is buying Cardior Pharmaceuticals for up to $1.1 billion to strengthen its cardiovascular disease treatments.
Nissan plans to launch 30 new models in the next three years and reduce electric vehicle production costs by 30% by 2030 to offset pricing pressure in the EV sector.
Financial planner tip of the day
"All investments carry some risk, but the difference between speculating and investing can illustrate the level of risk involved. Speculating often describes scenarios when there’s a high chance the investment will deliver losses but also when the investment could result in a high profit. In contrast, investing generally refers to situations when an individual researches an asset, puts money into it with the hope that prices will rise over time by a reasonable amount.”
Brian Walsh, CFP® at SoFi