real estate Some are buying properties without physically seeing them One in each 20 house buyers bought a home sight-unseen in the course of the coronavirus pandemic, in accordance with a brand new study. Statistics about new home development can give you a heads-up on the way forward for the housing marketplace for investing purposes. Construction of a brand new home is the first step in a 9- to 12-month course of. Closings will rise in a few year if new house sales decide up, but the remaining three steps should be accomplished. The exceptions are spec properties which are used as mannequin properties. The Census Bureau releases monthly estimates of latest residence gross sales. Each of those indicators tells a barely different story concerning the health of the homebuilding business.
Equity Commonwealth is properly-positioned to execute on its development strategy, which is not depending on raising extra debt or … Read More