The National Association of Realtors published median single-family existing home prices across the major metropolitan areas for the first quarter of 2014. Clicking on the map above will show prices (in thousands of dollars) over the last three years, as well as the first quarter, and the percentage change in prices from last year.
U.S. manufacturing companies expanded in April at the fastest pace since the end of last year, a survey of executives found. The Institute for Supply Management said its manufacturing index rose to 54.9% last month from 53.7% in March, marking the highest level since December.
Growth in the U.S. economy almost came to a halt in the first quarter, a bout of weakness spurred by one of the worst winters in years.
Americans turned slightly less confident in April about the availability of jobs and the health of the U.S. economy, but optimism is still running higher than at any time in the past six years.
Congratulations to Andy Young, CPA, CFP for passing the Certified Financial Planner national board exam! Andy is now a CPA and a Certified Financial Planner Professional.
We are proud to have him on our team.
Hello, volatility, our old friend. It’s been a while. We take a look at the return of uncertainty, its impact on the market for the near future, as well as continuing positive indicators for the U.S. economy, in our most recent quarterly newsletter.
When all it takes to file for a bogus tax return from the IRS is an Internet connection and a stolen identity, the barriers to such a crime are low. And those low barriers are a big reason why bogus tax returns totaled more than $4 billion in 2012 – and why the Justice Department and IRS are getting serious about combating it.
Combined with this week’s news about the Heartbleed bug potentially impacting personal information on many of the web’s most popular sites, it’s a big reason to consistently and vigilantly monitor any and all online account activity and credit ratings.
Heard about the Heartbleed bug this week, but not exactly what it is or how it may affect you? It’s a critical security gap that opens up many of the web’s most popular and widely used sites (gmail, Amazon, Yahoo!, etc) and their users to hackers and viruses.
The best thing for you to do is change your password on any and all potentially impacted sites where you have login information and/or an account. The list at this link provides a handy rundown of many of the most well known sites on the web and if users for each of them should change their passwords.
A big change in rules announced last week could impact how you manage your retirement savings, especially if you have more than one IRA.
The ruling from the IRS states that the one-rollover-per-year rule that applies to the 50-plus million Americans with an IRA now applies to all IRAs under a taxpayer’s name – not to each IRA individually.
The ruling from an IRS tax court surprised many industry observers and experts and runs counter to years of advise from the IRS itself.
To learn more about the ruling and how it may impact your IRA, read the article at this link or give us a call.
U.S. GDP growth for the fourth quarter was revised upward to a 2.6 percent annual rate, a slight increase from the 2.4 percent previously forecasted. A notable increase in health care spending seems to be the biggest driver in the slight upward revision, with most other key categories – sales of U.S.-produced goods and services, business investment, structure spending/investment – were little changed.
Nonetheless, it’s another sign of the economy’s resiliency, if not outright strength, in the face of a very harsh winter and mixed sentiment.