Where to Invest US is finding key values in new construction projects. This gives an investor a brand new structure with warrantees and essentially limited to no maintenance expenses for many years. We sold out our Portland project, but please let us know if you would like to be on a waiting list for our next project. We also have lined up some beautiful homes in the Austin market that because of very strong tenant demand provide solid cash flow. Contact us to find out more about our new construction projects.
For the third consecutive month,
sales of new single-family homes posted gains, rising 2.1 percent in
May, according to housing data released Tuesday by HUD and the U.S.
Census Bureau.
"Builders are reporting increased demand for new homes as buyers seek
to take advantage of historically low mortgage rates while they remain
so favorable," says Rick Judson, National Association of Home Builders
chairman. "Consumers in markets nationwide are definitely becoming more
confident about making a home purchase as firming prices and tighter
inventories provide further evidence of the ongoing housing recovery."
New-homes sales moved to the fastest sales pace in May since July of
2008. Inventories also rose in May, reaching a 4.1-month supply at the
current sales pace.
Regionally, sales posted double-digit increases in May by 40.7
percent in the Midwest and a 20.7 percent increase in the Northeast. In
the West, new-home sales rose 3.6 percent while posting a 9 percent
decrease in the South.
Source: National Association of Home Builders