Is a home purchase a good investment in future wealth? | Ask a Lender

There are many vehicles for building wealth, from stocks, to bonds, to savings accounts. But one of the most common ways Americans build wealth is through a home purchase. As homeowners gain home equity, and as the home appreciation of their property increases, houses frequently become their single-largest assets. But how exactly do you build wealth by making what’s likely to be the single largest purchase of your life?

Housing starts are still chasing the pre-recession peak | Scotsman Guide

The housing market as a whole has largely bounced back from the Great Recession, with home sales near pre-recession levels in many markets. Existing-home sales, which make up 90 percent of the housing market, are largely responsible for this resurgence. Single-family housing starts, however, have lagged behind. While new-home construction has grown slowly since the recession, it has yet to return to pre-recession levels.

Legislature allocates money for skills center

A color rendering shows what the Grant County Skills Center is expected to look like. MOSES LAKE - The Grant County Skills Center is a step closer to becoming a reality after the state Legislature allocated $19.41 million for the project. The 43,120 square feet facility, to be located on an approximately 8.5 acre site owned by the Moses Lake School District on Yonezawa Boulevard, will serve eight Grant County school districts: Moses Lake, Quincy, Wilson Creek, Ephrata, Warden, Coulee-Hartline,