The National Association of Realtors released their yearly report on the top 10 outperforming markets from across the U.S. The data includes the areas where it is expected for home prices to rise faster than national averages.
With home prices rising throughout the country, many people cannot keep up with the cost of payments to own them. Attom Data Solutions’s great visual explores the affordability numbers in each location as it relates to slower wage growth that makes it increasingly harder for everyone to be a homeowner.
You might think that the cost to build a zero-energy (ZE) or zero-energy ready home (ZERH) is much higher than the cost of traditional building. But building to zero-energy standards only costs from one to eight percent more up-front than simply building to code.
California needs as many as 3.5 million new homes by 2025. But analysis of 2018 data shows a huge shortfall in the number of building permits being issued.
Housing innovator Module is making progress on the first of a block of new houses in the Pittsburgh neighborhood of Garfield. It’s an exciting step forward for revitalizing the neighborhood with homes that are easy to construct and modify, energy efficient, and attractive.
Previous generations were further ahead financially than us millennials at the same age. This chart shows the average wealth by age for the baby boomers, generation X, and millennials, and how far behind millennials are in accumulating wealth versus the previous generations.
In the conclusion of our three-part series, we explore the four tools used to get out of a recession or depression, how to get the economy back on track, and the rules for us personally to prosper in this economic system we live in.
In our Part 2 series of how the economy and cycles work, we keep exploring different facets of how Ray Dalio describes inflation, deflation, recessions, depressions, debt cycles, bubbles bursting, and how the government and central banks operate to try to turn things around.
When we better understand the economic system we live in, we can continuously make better decisions for ourselves and our lives. This three part series helps to explain why Ray Dalio’s How The Economic Machine Video is one of the best ways out there to quickly understand the world we live in from a financial & behavioral perspective, and what we can watch out for, along with what to do about it to not only keep ourselves out of hot water, but to thrive in prosperity.
We explore some of the numbers and market mechanics of why investors are going after mobile home parks these days, and how homeowners can build wealth, not lose it.
Having an Attainable Home, at the end of the day, is an idea. An idea that everyone has the right and the chance to work hard, live comfortably, and have prosperity throughout their life, without the worry of staying or slipping into hardship, as it is so easy to do in our current economic climate. And we’re happy to say that it’s still possible.
