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The Association of Foreign Investors in Real Estate (AFIRE), a respected US real estate organization, showed in their latest survey that cheap American property was of most interest to investors.
American house prices are on the mend. In the past 12 months they increased by 4.3% and are set to increase in 2013. Which is no surprise since prices are down by about 40% from their peak.
A recent survey measuring the number of Americans buying US property in October jumped to nearly its highest level in 6 years. The recovery of the US property market has been greatly helped by low mortgage rates and a steady increase in job numbers.
All of a sudden, it seems, everyone on Wall Street wants a foreclosed home. Your house might be a better investment than you think. At least Wall Street seems to think so.
Norway has just brought an early Christmas present to American institutional owners of property assets in major cities.
By Richard Lillycrop
Richard Lillycrop was awarded the Certified International Property Specialist (CIPS) designation and joins a worldwide network of elite global real estate practitioners with expertise in working with international and multicultural clients.
By Alternative Asset Analysis
The real estate market in the US could be worth investing in again, according to AAA.
By Anthony Johnson
A growing number of European investors could be turning to US real estate as an alternative investment this year, according to AAA.
By Sundin & Company, PLC
Canadian investors must make sure that they understand applicable US tax laws when acquiring US rental real estate. We are an Arizona CPA firm experienced in dealing with tax issues associated with Canadians who acquire US rental properties.