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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. Homeownership Wealth Gains for Second Quarter of 2020. cbroderick.

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Buyers Turn to Cash and Higher Down Payments to Snag Homes

Pro Builder

NAR notes this widens the wealth and income divide among those who are financially wealthy and those yet to build up wealth. And in California, Colorado, Tennessee, Texas, there were five offers per home sold. Some buyers are not even attempting to place a bid on a property with multiple other offers. Read More. .

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A New Wave of Intentional Communities

Natural Building

The East Wind Community is hidden deep in the Ozarks of southern Missouri and calls itself an “income-sharing, egalitarian community” They have 1,145 acres of largely undeveloped highland forest. East Winders in front of REIM, which houses the community’s laundry room and a music studio. photo credit…George Etheredge.

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Centers of Technology: The Future Is Now

Business Facilities

We have low costs of doing business, our corporate income tax rate is the lowest in New England, the quality of life is high and cost of living is relatively low.”. There’s been a surge of high-tech growth recently in Colorado. Rhode Island is very competitive,” said Pryor. “We Amazon.com, Inc. Amazon’s new 2.4

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LOCATION FOCUS: Sooner or Later You’ll Choose Oklahoma

Buisness Facilities Contributed Content

The incubator program offers affordable space with flexible leases to tenants; a graduated lease package; access to a team of business experts for advice, finance counseling, marketing suggestions, accounting solutions; and a 10-year state income tax exemption. Three other local businesses assisted with parts production.

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Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Peoria recently was ranked number seven on America’s 50 Best Cities to Live list from Yahoo Finance, and for good reason.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business.