The results are in and according to the U.S. Census Bureau, Seattle tops the big city in the U.S. for the number of college-educated residents, coming in at a staggering 63 percent for residents age 25 and older. As Seattle Times reports, “among the 50 largest cities in the country, we’re the only one to hit that 60 percent mark — something we first achieved in 2015.”
Now that we are nearing the end of 2018, market experts are calculating what trends they think will dominate the industry in the coming year. Realtor.com® recently released their annual report and according to Forbes, we can expect rising mortgage rates to impact affordability, a slowing market, and rising home prices—albeit at a lesser rate than we’ve seen in recent years.
Though many people have probably heard of Bitcoin by now, there are now several types of cryptocurrency. New types you may start hearing more about include: bitcoin cash, ZCash, Monero, Ripple, and Ethereum. They essentially all function the same way; and act as digital funds that are produced in limited quantities and without involvement of a bank or governmental regulations.
A recent article published by Forbes outlines millennial moving habits, asking "why do millennials move?" As Maureen Henderson writes, while "the stereotype may have them shacking up Chez Mom and Dad . . . 59% of 18- to 35-year-olds currently live in a locale other than their hometown and almost 80% have moved at some point in their lives, not counting moves made to attend college."
As Henderson continues, "the reasons that compel millennials to pull up stakes are a fascinating grab bag. 51% have changed locations for a job, while 48% say they've moved for lifestyle reasons or for a new experience. Less predictably, almost a third have moved to get away from family and friends, perhaps trying to loosen the apron strings with their helicopter boomer parents" and "a romantically-minded 46% report that they moved for love."