Home Builders Gaining New Streak
The National Association of Home Builders was happy to announce that the homebuilding industry in the US is showing signs of being back on track after a three month down. HomeUnion real estate investing will have a sigh of relief as well as to other real estate agents.This April, the homebuilding in America rose to recovery.
The Housing Market index of Wells Fargo notably increased to 56 from an index of 52 last March. This was reported as well by the National Association of Home Builders. Market analysts and economists as polled by the Reuters predicted this increase in the index.
What does the index reading above 50 mean? This would mean that home builders of single family homes are seeing the market more favorable right now. Since June of last year, the index had not been below 50. Last April 2014, it stood at 46.
David Crowe, a chief economist said that this new trend in the building industry shows that builders are optimistic of the housing market. It is to be expected that the market will steadily strengthen throughout the year.
Single family home sales rose to 61 this April from a 58 index in March. Sales expectations for single family sales increased to 64 from 59 last month. On the other hand, prospective number of buyers rose to 41 this month from 37 in March.
With the market outlook getting brighter, perhaps it is time for you to consider investing in real estate assets. Below are some of the ways that you can earn by investing thru real estates.
• Real Estate Appreciation. The value of the piece of land that you are investing in right now appreciates through the years.
• Cash Flow Income. You earn from your real estate investment when you rent it out. The tenant pays you for allowing them to use your property. As the years pass, you will have a steady income.
• Real Estate Related Income. This type of revenue is generated by people specializing in the real estate industry. These people are making money through commissions when they sell and buy properties.