- Indoor air pollution is 4 – 5 times worse than outdoor air and sometimes even greater.
- We spend 90% of our time indoors.
- 15% of homeowners may be allergic to elements in their own homes.
- Prevalence of asthma has double since 1976.
Indoor air pollution has been described by EPA and Congress as America’s number one environmental health problem. Air pollutants can and do cause allergies, sick building syndrome, bacterial infections and spread viruses to name a few. The American College of Allergists state that 50% of all illnesses are caused by polluted indoor air. NEXT: How does our air inside the house get polluted?
The robust improvements in last week’s new housing starts numbers are especially encouraging for new home sales moving UP!
New home inventories increased in July to 218,000, the highest level since March 2010, and this trend will continue as the home building industry continues to expand.
Inventories of existing homes, however, have not improved significantly for several years compared with new constructions.
Housing affordability is up nationwide due to low-interest rates and home prices as National Homeownership Month begins in June, according to a recent release from the National Association of Home Builders (NAHB).
In addition to lower prices and interest rates, low-down payment programs offered by Fannie Mae and Freddie Mac is also helping creditworthy borrowers who cannot afford a large down payment for a mortgage. These programs offer down payments as low as 3 percent for eligible first-time homebuyers.
Homeownership is the key of building wealth, since it is often a primary source of net worth and a step toward accumulating long-term personal financial assets. It is not only limited to financial freedom but also building stronger communities and personal achievement.
On a non-seasonally adjusted basis sales of new homes nationwide these were estimated at 49,000 units, were the South counted for more than half of those sales.
The average sales price was $341,500, up from $325,100 one year earlier.
Are we there yet?