It’s said that retail follows rooftops, so expansion-minded retailers might want to set their sights on Hawaii, Wisconsin, Kansas, and Washington, according to a report from Experian.
The credit reporting service ascribes a strong economy and historically low unemployment for home sale booms in several states. the 10 states with the biggest percentage increases in mortgage originations in the first quarter of 2018, according to Experian, were:
• Hawaii +43.5%
• Wisconsin +36.0%
• Kansas +35.6%
• Washington +34.3%
• North Dakota +34.2%
• Ohio +31.9%
• Kentucky +30.0%
• Oregon +29.5%
• Maine +27.4%
• Michigan +27%
The District of Columbia, Delaware, and Arkansas experienced the least mortgage origination growth in Q1, all with decreases in the teens.
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