May Residential Construction Numbers - Friend or Foe?

Hi Everyone,

Another Friday is upon us, and we are thankful for another very busy week. As a rule, I try to look back at each week to see what I am thankful for. Let me tell you - some weeks it is tough to find anything, aside from being thankful for my family! However, this past week, we not only received some fantastic media coverage (http://www.familygoesstrong.com/making-rent-own-real-estate-deals-work), but we also had a few other interviews for popular financial and real estate websites that are on the pipeline to be published as well. Additionally, we received some good karma (priceless), by hearing some very kind comments from people who have used our website. Karma, that's what it's really all about !

OK, now on to the Real Estate market, our ailing friend ! The New Residential construction numbers will be released this week (on June 16th), and most importantly, these numbers will reflect the post-tax credit market, since they cover May 2010 (the tax credit ended on April 30th 2010). I, personally, am very curious to see these numbers, and I know a lot of real estate investors, economists, and builders, who are also interested in this. This could have a significant impact on the market. Could the numbers have dropped? Sure they could have...the major incentive expired...but the market has most probably discounted this information into the mix already. If the numbers pop upwards, that could have a dramatic effect on the market, and potentially, the Rent to Own Market, as well. For more information on these reports, please check here: http://www.census.gov/const/www/newresconstindex.html


We have a few infrastructure and marketing projects drawing closer to completion, and when they are finished, we will let you know. They involve ease of accessibility, traffic incentives, and an overall boost to site traffic to increase views to your Ads on our website.


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Have a Great Weekend, and Happy Rent-to-Owning !!