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DS News September 2018

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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THE BIG FINISH WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS Source: RentCafé's June report, "The Best Metros for Your Profession: San Jose Tops the List, and Not Only for Those in IT" 112 THE BEST LOCATION BY OCCUPATION Choosing a career path and a place to call home are two of the most significant decisions facing anyone as they grow into adulthood. While there are countless factors to be considered on both fronts, a new report explores why it might make more sense to consider both questions as extensions of each other. After all, it's not just about where a person wants to live—it's about finding a hometown that meshes well with their chosen career. With that in mind, RENTCafé set out to determine the best (and worst) metros for a variety of career fields, working from data provided by the Bureau of Labor Statistics. After considering the average net income for each of the professions under the microscope, RENTCafé then subtracted the average annual cost of living (based on MIT data) and saw how much money was left over after those expenses (which MIT calculates to include the minimum cost of food, health insurance, housing, trans- portation and other living expenses, plus income taxes). OCCUPATION LOCATION ANNUAL INCOME AFTER COST OF LIVING EXPENSES MANAGEMENT SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA $87,400 LEGAL SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA $77,600 COMPUTER & MATHEMATICAL SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA $62,400 ARCHITECTURE & ENGINEERING SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA $55,700 HEALTHCARE PRACTITIONERS & TECHNICAL SACRAMENTO-ROSEVILLE- ARDEN-ARCADE, CALIFORNIA $53,900 LIFE, PHYSICAL & SOCIAL SCIENCE WASHINGTON-ARLINGTON- ALEXANDRIA, DISTRICT OF COLUMBIA-VIRGINIA $46,000 BUSINESS & FINANCIAL OPERATIONS SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA $39,800 PROTECTIVE SERVICE BAKERSFIELD, CALIFORNIA $37,100 CONSTRUCTION & EXTRACTION CHICAGO-NAPERVILLE-ELGIN, ILLINOIS-INDIANA-WISCONSIN $36,700 ARTS, DESIGN, ENTERTAINMENT, SPORTS & MEDIA LOS ANGELES-LONG BEACH- ANAHEIM, CALIFORNIA $27,100

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