STL lands on national list for highest real estate returns!

ST. LOUIS, MO/August 7, 2017 (STLRealEstate.News) HomeUnion, an online real estate investment management firm, released a report this week for usatoday.com in which they ranked the top 20 zip codes in the United States with the biggest return on real estate at this time.  Naturally, St. Louis found its way onto the list, which was configured by identifying zip codes that maximize real estate returns while minimizing risk over a five-year horizon.  The firm went onto examine school quality and neighborhood attractiveness for single-family rentals over the five-year period.

“HomeUnion Research Services looked at more than a dozen attributes that characterize a neighborhood including crime, schools, white-collar jobs, unemployment, home-ownership, permitting activity, and more,” said Steve Hovland, director of Research for HomeUnion.  “Based on those attributes, we forecast appreciation, vacancy, and rent changes over the next five-years.”

The study also calculated Annualized Total Return, which includes HomeUnion’s projections for how much the value of single-family rentals will appreciate and how much cash flow they’re expected to generate in the future.  HomeUnion’s model, according to Hovland, can determine the price and rent for every single-family home within a specific zip code while enabling them to predict the price and rent in five-years.

Americans are known for investing in real estate for flipping a profit over a certain time period.  Therefore, knowing a zip code and its predicted appreciation rate is a critical tool for those looking to invest in 2017 and 2018.  To mitigate the risks, investors should focus assets that can maintain value even during downturns.

Number 20 on the list kicks off with North Indianapolis, Indianapolis with annualized total returns at 5.4%.  Next comes North Hollywood, California with a 5.4% annualized return as well.  Jumping up to number 17, Maryland Heights, St. Louis clinches the spot with 5.5% returns.  Number one is Hamptons at Boca Raton, Florida.”

Thanks to stlrealestate.news for the information!

We LOVE checklists…

Here is a helpful checklist for all you buyers who found the perfect house in a very heavy market thanks to Old Republic Title and Pinterest! Hope it helps! Have a Sunshine day!!

-The Sunshine Team

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15 yr VS 30 yr loan

Good morning Sunshiners!

We’ve had several clients lately ask about the difference between a 15 yr loan versus a 30 yr loan. While we are not experts in this area (want even more info? Contact your loyal lender), we found this chart a perfect tool to help explain the main differences! Pretty interesting to think about! See below :). Have a Sunshine day everyone!

Always admiring,

Sunshine Team: Ashley, Evelyn & Dana

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First Time Home Buyer Tips

Check out this blogger and post about buying a home in your 20’s. Sunshine Realty knows your first time buying a home can be both difficult and nerve-racking. This woman has AMAZING tips on how to help you budget and stay sane all around.

Happy Reading 🙂

http://mrandmrswinslett.blogspot.com/2013/07/how-to-buy-house-in-your-20s-part-one.html

Have a great day!

 

-Sunshine Realty Team

 

 

Start Your Monday Off Right!

Do you need a boost on this Monday because your weekend was too short?

 

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Grab a cup of coffee, get caffeinated and get started today by helping us help you save THOUSANDS of $$$ when buying/selling your home! Call us today at 314-313-1773, maybe even during that delicious cup of coffee ;). Two birds, one stone!

Happy Monday from Sunshine Realty!