Monthly archive for July 2017

Home building drives a healthy economy, NAHB study shows

home builders

A new study from the National Association of Home Builders (NAHB) sheds light on one of the many reasons why home building helps ensure the health of our nation’s economy: it promotes further spending. According to the NAHB’s research into the matter, in their first year of ownership, new home buyers spent about $10,601 on appliances, furnishings and home improvement projects — 2.6 times as much as other home owners in a typical year. As owners of newly-built homes do things like install new refrigerators and buy more furniture, NAHB economists took to the U.S. Bureau of Labor Statistics Consumer

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CoreLogic report shows continued decline in delinquent mortgages

foreclosed house

Fewer homes are in some stage of foreclosure, according to the latest data from CoreLogic, a leading real estate analytics and data firm. Earlier this month, CoreLogic released its monthly Loan Performance Insights Report, showing that 4.8 percent of mortgages in the U.S. were in some stage of delinquency as of April 2017. This reflects a 0.5 percent decline in the overall delinquency rate compared with April 2016 when it was 5.3 percent. 

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Best ZIP Codes for Rental Returns

couple in front of house for rent

Did you know that not since 1965 has there been as many renters as we have in the U.S. today? With so many people renting their homes, it’s not surprising that more people are considering purchasing rental property as an investment. If you’re considering purchasing a home with the intent to rent, one of the first things you’ll want to do is research markets and find out where you could buy that offers the best chance of returns. CNBC’s Diana Olick recently reported on the “Top ZIP codes for rental properties,” in which real estate investment company, HomeUnion, identified the

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