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KQED Nightly Business Report February 21, 2013

Reporter overall, homes sales are up more than 10 over last year. And builders are picking up the pace. They are now on track to build around 900,000 homes this year, but by the end of the year, the National Association of realtors expects the pace to pick up to an annual rate of 1. 1 million starts. Thats great, but keep in mind a normal year for Home Construction is closer to 1. 8 million. The outlook for apartments and other multifamily construction is also good, even though those starts dropped last month. Rents rose 4. 5 last year and researchers at zillow expect a similar increase this year. Thats why investors are pouring into the market and building new apartments. Assuming you can buy the property cheaply or build it cheaply and rent it out, then you seeing 4. 5 growth in your top line numbers for what you are able to rent it out for looks attractive. Report ....

New York , United States , New York State Supreme Court , San Francisco Bay , District Of Columbia , Rhoda Goldman , Charles Darwin , Joe Davis , Neuberger Berman , Betty Moore , Facebook Instagram , Jerika Miller , Sd Bechtel Jr , Ann S Bowers , Brian Jones , William K Bowes Jr , Martha Stewart , Ruben Ramirez , David Kavanaugh , Harry Lin , National Association , National Association Realtors , Association Realtors , Home Construction , Market Building , Top Line ,

KQED Nightly Business Report February 21, 2013

Reporter overall, homes sales are up more than 10 over last year. And builders are picking up the pace. They are now on track to build around 900,000 homes this year, but by the end of the year, the National Association of realtors expects the pace to pick up to an annual rate of 1. 1 million starts. Thats great, but keep in mind a normal year for Home Construction is closer to 1. 8 million. The outlook for apartments and other multifamily construction is also good, even though those starts dropped last month. Rents rose 4. 5 last year and researchers at zillow expect a similar increase this year. Thats why investors are pouring into the market and building new apartments. Assuming you can buy the property cheaply or build it cheaply and rent it out, then you seeing 4. 5 growth in your top line numbers for what you are able to rent it out for looks attractive. Report ....

New York , United States , New York State Supreme Court , San Francisco Bay , District Of Columbia , Rhoda Goldman , Charles Darwin , Joe Davis , Neuberger Berman , Betty Moore , Facebook Instagram , Jerika Miller , Sd Bechtel Jr , Ann S Bowers , Brian Jones , William K Bowes Jr , Martha Stewart , Ruben Ramirez , David Kavanaugh , Harry Lin , National Association , National Association Realtors , Association Realtors , Home Construction , Market Building , Top Line ,