MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 12/11/2023 – 12/18/2023
Let’s see what the market’s doing this week in the Riverdale area of the Bronx.
Did You Know?
* The Digital Nomad Visa Index ranked countries based on the following factors:
Active visa availability
Internet speed
Taxation policies and tax-free length
Income requirement for visa applications
Cost of living in Euros
Global Health Score (GHS)
Tourism popularity
And the TOP 10 places for digital nomads are: Spain, Argentina, Romania, UAE, Croatia, Uruguay, Portugal, Malta, Norway and Andora. (CNBC)
* The number of full-time local government workers employed outside of New York City shrank 7.9% from 491,102 to 452,298 from 2007 through 2022, in contrast to the nation as a whole, which saw a 2% increase in the number of full-time employees over this 15-year period while the population increased just under 2%. (State Comptroller)
* The average span between permitting and breaking ground on new construction DOUBLED from 1.4 months in 2014 to 2.8 months in 2022. Starts to completion rose from under a year to 17 months….up over 40%!
* Typically, a long-haul truck idles about 1,800 hours per year, using about 1,500 gallons of diesel. Vehicles idling combine to waste nearly 6 billion gallons of fuel per year, and cost owners more than $20 billion. Introducing waste-reducing efficiencies often leads to huge savings. Smart thermostats can reduce energy bills by up to 23%. Often instant solutions to alleviate our problems exist already within close reach.
Courtesy of Stephen Lascher, Wells Fargo
