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!

Advertisements

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

e773484e1347cc1277e30111219d4eaa

FHA Lowers MIP!!

Good Evening Sunshine 🙂
We can’t wait to share this news. Just…WOW! Another step to help home buyers accomplish the purchase of their dream home! Thank you to National Association of Realtors for sharing this exciting news!
“FHA TAKES STEPS TO HELP HOME BUYERS
In a move applauded by housing experts, the federal Housing Administration (FHA) took an important step to help low and moderate-income buyers get into a home.  For the first time in two years, FHA has cut their annual mortgage insurance premium.  The premium has been cut from .85 to .60 percent.” (Reference: Nat’l Association of Realtors)
See the full article here: http://narnewsline.blogs.realtor.org/2017/01/09/fha-cuts-mortgage-insurance-premium-for-first-time-since-january-2015/#sf50032163

New Year, New Home?!

Tomorrow is New Years Eve! As we enter into 2017, we want to wish all of our past, present and future clients all the happiness they can get :). We love what we do and we love helping our clients in an honest, intelligible & trustworthy manner. Make 2017 your best year yet by investing in your future with the home you’ve always dreamed about. We are here to help YOU and your family! Call us today to get your process started. Whether you are looking to move right away, a few months or 6 months, we can help you throughout this, what should be an amazing and fun, process. HAPPY NEW YEARS EVERYONE!

Much Love,

The Sunshine Team: Ashley, Evelyn & Dana

 

Thinking About FSBO? DON’T!

Are you thinking about going For Sale By Owner rather than listing with an Agent? DON’T do it! Especially when you can take advantage of a brokerage like ours! We offer much more guidance & closure for the same of less price! The fees that you will pay for fees, online services, advertising, legal fees, etc. would cost you more than what it would be to take advantage of us as PROFESSIONALS who can help you with the sale of your home. Check out the chart below for more information. Give us a call today to set up your complimentary consult to see how we can help YOU further!

a5b0006bd9bf848af1672275b8ca7070