Daily Archives: October 18, 2018

Should You Rent vs Buy in 2018? – Economic Insights from realtor.com

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It’s the age-old question. Should you rent or buy a home. Every situation is different, sometimes renting is the best option depending on your financial situation or how the economy in your city is doing. Overall homeownership and buying a house have been great ways of building wealth and living the American dream. In today’s video Chief Economist Danielle Hale from realtor.com will discuss how the economy is in 2018 and whether or not you should rent or buy.

Welcome to a new series on economic insights with realtor.com’s chief economist Daniele Hale. In this series, they talk about how factors in the economy can impact the housing market. From the job report, case schiller, new construction, sold homes, rent vs buy all the way to GDP.

Every one of these topics can impact your home’s value and Danielle Hale will help you understand them in a way that will allow you to make informed decisions.

See more at https://www.realtor.com/research

Teens’ Social Media Usage Is Drastically Increasing

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Source: Statista

Facebook’s foundation in 2004 makes today’s teenagers the first generation to have grown up with social media. And while plenty of older people are avid users of Twitter, Instagram and other social media platforms, no other generation has social media and technology so deeply engrained into their everyday lives as those born after the turn of the century.

According to a report published by Common Sense Media, social media usage among teenagers has drastically increased between 2012 and 2018. A survey conducted in the U.S. earlier this year showed that 70 percent of teenagers (13-17) check social media several times a day, up from just 34 percent in 2012. More astoundingly, however, 16 percent of today’s teens admit to checking their social feeds nearly constantly and another 27 percent do so on an hourly basis.

It is hard to say how much social media use is too much, but constantly checking for likes, comments or new posts by friends certainly has an effect on young people and many studies suggest that it’s not a positive one. Social media and device addiction are an important issue in the internet age and it will take an effort by the industry as well as the users themselves to tackle it head on.

Social Media Infographic