There are all kinds of information and data that you can use when evaluating housing markets for homebuilding and real estate purposes. A Washington Post article from a few years ago provides some interesting insight about where the highest earning citizens live in our country. Not surprisingly, this article was noting that many live in the DC area. Of note is that the article included a color-coded, searchable map of the US based on counties. US Map Shows Wealthiest Counties As an investment and housing market research tool, you can view this US Map tool to quickly identify the wealthiest US Counties based on Census…
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Economic Role of the Housing Industry – Learn About the Facts
We often hear that the housing industry is a key indicator of the U.S. economic recovery – and a key driver in that recovery – but how many Americans really understand the facts? The National Association of Home Builders (NAHB) has examined the economic benefits of new home construction, and the facts are compelling – especially in three key areas: Jobs…Jobs…and more Jobs Generating Taxes for Communities Housing’s Role in Putting America Back on Track Jobs: The NAHB estimates that for each new single-family home that is built, three new jobs are created. These jobs are created in the construction…
Read moreToday’s Home Building Trends
Today’s Homebuilders are Building Smaller, Responsible Homes with Eco-Friendly and Smart Home Technology Features” Homebuilders always are trying to find the right mix of features and design elements to draw in new home buyers, and this can be seen in some of the interesting home building trends that are becoming popular. Probably the biggest factor affecting home design trends and residential construction is that the home building industry actually is starting to reignite. What this ultimately means is that many of the “cutting edge” ideas that were hailed as trends a few years ago in the industry press are becoming reality –…
Read moreHelp Your Clients Build a Home With a Smartphone — 10 Top Apps for Real Estate Pros
Do you have clients looking for lots and land to build a new home or that are considering buying new construction? We’ve combed through hundreds of Apps that can provide tools for real estate agents and brokers to help your clients 1) find the perfect homesite and 2) build their houses using a Smartphone. Our recent article – Build a Home with the Help of a Smartphone and these 8 Apps – identified some of the best Apps for homeowners or home buyers to use in their new home planning and construction process. And even though we know that real…
Read moreHome Builder Loan Market…Not So Terrible?
Whether it’s houses, land or lots for sale, too many in the real estate industry have seen deals fall apart because of the tight lending market over the past few years. Words to describe the lending market in recent years might include: “terrible”, “non-existent” or “impossible”…making a report of “neutral” something to celebrate. The NAHB recently issued its “Survey on Acquisition, Development & Construction Financing” for the second quarter of 2012, which describes homebuilders’ and developers’ current experiences with the availability of loans for land acquisition, land development and home construction. What can we glean from the survey? Our key…
Read moreThe Site Visit: Tip #4 for Buying Lots and Land
When you’re buying a lot or land for your new home, the level of excitement builds when you think you may have found that “right” site. In Tip #3, our previous post about 8 Tips for Buying Residential Lots and Land for a New Home, we discussed due diligence, computer research and the Spaghetti Test as initial steps to eliminate properties that do not meet your requirements. Now we dig deeper into the due diligence process. The Site Visit So if you think you found property that might pass the Spaghetti Test, then you absolutely, positively have to do a…
Read moreLotNetwork.com Creates a Better Way To Buy And Sell Residential Lots and Land
Launching Today Nationwide: Internet’s largest Website, Listing Service and Networking Venue Focused Solely on Lots and Land for Homesites or Development More than 250,000 Listings Searchable for Free. CHARLOTTE, N.C., June 12, 2012 /PRNewswire/ — LotNetwork.com, the first nationwide listing service focused solely on residential lots and land, launched today featuring more than 250,000 properties for sale across the country. LotNetwork.com is designed to help provide buyers and sellers of land for homesites and residential development with a targeted, easy-to-use, and economical way to connect with each other, while addressing the unique challenges of marketing these types of properties. As the effects of the…
Read moreDecide Your Community Style: Tip #1 for Buying Lots and Land
You’ve decided you’d like to buy a residential lot and build a new home – congratulations! No other option for owning your own home gives you as many ways to design and customize a home that’s all yours from the ground up. But where do you begin? You’re already discovering that the web is a great tool to help you do research, see the many choices available, make informed decisions about the type of home and community suits you and to help find a qualified builder. Earlier we gave you 8 Tips For Buying Residential Lots and Land For A…
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