Job Growth Outpacing New Home Construction

Annualized housing starts crossed the 1 million mark in April for the first time this year, but little of that improvement came on the single-family side—and that’s a serious problem, says the National Association of Realtors (NAR). Measuring new homebuilding against employment numbers—which only recently recovered from their recessionary decline—NAR finds that historically, there is one new home…

What is a Joint Venture?

[facebook][retweet] Question:  What is a Joint Venture & How Do You Form One? Jim S. – Pensacola, Florida The legal definition of a joint venture is, “a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.”   In real estate terms, it’s simply when two or more investors pool their resources…