Eighty-four percent of Americans now say purchasing a home is a good financial decision (it is!), the highest percentage in ten years. Number one financial reason: opportunity to build equity. National Association of Realtors had the report.
Starting a family is not the trending motivator for homebuying among millennials and first-time homebuyers like it once was. Millennials are seeking out great areas with career and job opportunities and taking advantage of finding affordable homes with today’s low rates.
Initial Jobless Claims for last week reported at 247K, a 3K drop from the previous week’s figure.
The thumb or southeast Michigan is green: recognize as a mostly great area for real estate investment, aka flipping homes and rentals.