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percent of all loans outstanding at the end of the third quarter of 2024 compared to one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. percent in Q3 2024 (red) and remains historically low. The percent of loans in the foreclosure process decreased year-over-year from 0.49
There were four bank failures in 2024. The median number of failures since the FDIC was established in 1933 was 7 - so 2 failures in 2024 was below the median.
million Total Housing Completions in 2024 including Manufactured Homes; Most Since 2006 A brief excerpt: Although total housing starts decreased 3.9% in 2024 compared to 2023, completions increased sharply year-over-year. There were 1.731 million total completions and placements in 2024, up 12.5% thousand in 2023. There were 16.8
This month the Census Bureau released the population estimates for July 2024 by age, and I've updated the table from the previous posts. The table below shows the top 10 cohorts by size for 2010, 2024 (just released), and the most recent Census Bureau projections for 2030. population by age in July 2024 according to the Census Bureau.
Register now for November 14th, 2024 at 11:00 am PT, 2:00 pm ET, 7:00 pm BST to reserve your spot! Learning Objectives: This course objective is to understand how to initiate, plan for, and welcome change to maintain competitiveness in the marketplace. Field of Study: Personal Development. Recommended CPE: 1 CPE.
From the National Center for Health Statistics: Births: Provisional Data for 2024. The NCHS reports: The provisional number of births for the United States in 2024 was 3,622,673, up 1% from 2023. births per 1,000 women in 2024, an increase of less than 1% from 2023. The general fertility rate was 54.6 births through 2023.
From CoreLogic: CoreLogic: Borrowers Gained Over $280B in Home Equity in 2024 CoreLogic. today released the Homeowner Equity Report (HER) for the fourth quarter of 2024. Nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. The report shows that U.S. The report shows that U.S. of all mortgage properties.
Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-November 2024 A brief excerpt: This 2-part overview for mid-October provides a snapshot of the current housing market. I always focus first on inventory, since inventory usually tells the tale !
Courts, annual bankruptcy filings totaled 517,308 in the year ending December 2024, compared with 452,990 cases in the previous year. Courts, annual bankruptcy filings totaled 517,308 in the year ending December 2024, compared with 452,990 cases in the previous year. Courts: Bankruptcy Filings Rise 14.2 Business filings rose 22.1
In recent years, AI has become an increasingly common feature in advisor technology. The possibilities at the intersection of AI and financial advice are exciting – faster processes, better connections, less time on ‘busy work’ – but also come with uncertainty about the future of the field.
The FOMC meets this week and is expected to cut rates. -- Monday, November 4th -- No major economic releases scheduled. -- Tuesday, November 5th -- All day: U.S. Election 8:30 AM: Trade Balance report for September from the Census Bureau. The consensus is for the deficit to be $73.5 billion in September, from $70.4 billion in August.
Today, in the Real Estate Newsletter: ICE Mortgage Monitor: Property Insurance Costs Rose at a Record Rate in 2024 Brief excerpt: Property Insurance Premiums Increased Sharply in 2024 Here is a chart from the Mortgage Monitor. These increases are largely being driven by losses due to natural disasters.
Welcome to the November 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!
📆 September 18th, 2024 at 9:30 AM PDT, 12:30 PM EDT, 5:30 PM BST Continuously assess market trends, customer behavior, and competitor strategies to make informed pricing decisions that drive business success. Don't miss this brand new webinar! Save your seat today!
From the MBA: Delinquency Rates for Commercial Properties Increased in Fourth-Quarter 2024 Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2024, according to the Mortgage Bankers Association's (MBA) latest commercial real estate finance (CREF) Loan Performance Survey. "
The FDIC released the Quarterly Banking Profile for Q4 2024: Full-Year ROA and Net Income Increased in 2024 The banking industry reported full-year net income of $268.2 The increase primarily occurred due to one-time events in 2023 and 2024 that led to lower noninterest expense (down $8.5 percent) in 2024. billion (5.6
For the full year 2024, total U.S. Carloads excluding coal, on the other hand, rose in 2024 up 1.4%, or 117,264 carloads, over 2023 and their third year-over-year gain in the past four years. million containers and trailers in 2024, the most since 2021; the third most ever (behind 2018 and 2021); and up 9.3% (1.17
The third graph shows the month-to-month comparison for total starts between 2024 (blue) and 2025 (red). in February compared to February 2024. Total starts were down 2.9% Starts bounced back in the Northeast region after being down sharply year-over-year in January (likely weather related). There is much more in the article.
Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global
📆 August 20th, 2024 at 9:30 AM PDT, 12:30 PM EDT, 5:30 PM BST Don't miss this opportunity to transform your approach to revenue optimization and take your financial leadership to the next level. Register now to secure your spot!
Here is a review of the Ten Economic Questions for 2024. in 2024 (around 2.6% 2) Employment: Through November 2024, the economy added 2.0 million jobs in 2024. 4) Participation Rate: In November 2024, the overall participation rate was at 62.5%, down year-over-year from 62.8% Q4-over-Q4). Q4-over-Q4 in 2025.
Consider this December 29, 2024, year-end review in Bloomberg : “By this time last year, the stock markets rally had blown past even the most optimistic targets, and Wall Street forecasters were convinced it couldnt keep up the dizzying pace. It is especially true for strategists and forecasters at large brokers and banks.
as of the end of 2024. The Investment Advisor Industrys annual report showed an all-time high of 15,870 SEC-registered advisors overseeing a 12.6% increase in assets to $144.6
Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the latest Fidelity RIA Benchmarking Study shows that while RIAs saw gains in AUM and revenue last year, their operating margins tightened, suggesting that rising expenses are cutting into firm profits.
Dec 2024 1.8 Dec 2024 4.2 Dec 2024 2.3 Dec 2024 2.5 However, Q2, Q3 and Q4 all saw solid growth last year - and we haven't seen the impact of policy changes on hard data yet - so there is still significant uncertainty about the economy this year. As of April 2025 , PCE inflation increased 2.1 percent year-over-year (YoY).
Freddie's rate is up year-over-year from 0.55% in January 2024, however, this is close to the pre-pandemic level of 0.60%. The serious delinquency rate is up year-over-year from 0.54% in January 2024, however, this is below the pre-pandemic lows of 0.65%.
Happy New Year! Wishing you all the best in 2025. The key reports this week are the October Case-Shiller house price indexes, the December ISM manufacturing survey and December vehicle sales. -- Monday, December 30th -- 9:45 AM: Chicago Purchasing Managers Index for December. 10:00 AM: Pending Home Sales Index for November. The consensus is for a 0.7%
The BEA released the Personal Income and Outlays, October 2024 report for October: Personal income increased $147.4 The following graph shows real Personal Consumption Expenditures (PCE) through October 2024 (2017 dollars). billion (0.6 percent at a monthly rate) in October , according to estimates released today by the U.S.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation.
in Q4 2024, up from an upwardly revised 6.0% Moodys Analytics (formerly Reis) reported that the apartment vacancy rate was at 6.1% in Q3, and up from the pandemic peak of 5.6% in Q1 2021.
The next graph shows new home sales for 2023 and 2024 by month (Seasonally Adjusted Annual Rate). Sales in October 2024 were down 9.4% The Census Bureau reported New Home Sales in October were at a seasonally adjusted annual rate (SAAR) of 610 thousand. The previous three months were revised down, combined. from October 2023.
below the April 2024 sales rate. Sales Year-over-Year and Not Seasonally Adjusted (NSA) The fourth graph shows existing home sales by month for 2024 and 2025. year-over-year compared to April 2024. Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 4.00 million SAAR in April; Down 2.0%
This graph shows the YoY price change for Services and Services less rent of shelter through September 2024. YoY as of October 2024, unchanged from 4.7% YoY as of October 2024, up from -2.9% This declined, but is still elevated, and is now up 4.5% Click on graph for larger image. Services were up 4.7% YoY in September.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success.
percent from February 2024. percent from February 2024. The December 2024 to January 2025 percent change was revised from down 0.9 On a monthly basis, retail sales increased 0.2% from January to February (seasonally adjusted), and sales were up 3.1 From the Census Bureau report : Advance estimates of U.S. billion, up 0.2
Journal (restaurant) reporter who inappropriately used non-seasonally adjusted numbers to make the following claim : “California had 726,600 people working in fast-food and other limited-service eateries in January [2024], down 1.3% Note: To be clear, while the law passed in Sept 2023, it did not take effect until April 2024.]
The report shows total household debt increased by $147 billion (0.8%) in Q3 2024, to $17.94 From the NY Fed: Aggregate nominal household debt balances increased by $147 billion in the third quarter of 2024, a 0.8% From the NY Fed: Aggregate delinquency rates edged up slightly in the third quarter of 2024. rise from 2024Q2.
The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). from March 2024. The previous three months were revised down, combined. Sales in March 2025 were up 6.0% New home sales, seasonally adjusted, have increased year-over-year in 21 of the last 24 months.
What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused.
million in March 2024). months in March 2024. below the February 2024 sales rate. year-over-year (blue) in March compared to March 2024. Year-over-year, sales drew back 2.4% (down from 4.12 Total housing inventory registered at the end of March was 1.33 million units, up 8.1% from February and 19.8% from one year ago (1.11
Fed Chair Powell, Nov 7, 2024: "It's actually remarkable how strong the U.S. economy is performing. We're performing better than all of our global peers. Ultimately, if you look at the U.S. economy, its performance has been very good." percent on November 7, up from 2.4 percent on November 5. percent on November 7, up from 2.4
From the Census Bureau reported that overall construction spending increased: Construction spending during December 2024 was estimated at a seasonally adjusted annual rate of $2,192.2 The value of construction in 2024 was $2,154.4 below the peak in October 2024. billion, 0.5 percent above the revised November estimate of $2,180.3
CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth.
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