There is no doubt that the status of U.S. real estate has changed a lot in the past decade, as the real estate market was dealt a serious blow and many thought it would take years to recover. Fortunately, not only did the situation stabilize, it has even begun to climb once again. More investors are investing in real estate again. Right now, some of the biggest investors are foreign entities trying to get a piece of what is currently the most desirable real estate market in the world.
Not only is the U.S. one of the most reasonable places to invest, according to Hui-Yong Yu of Bloomberg News, it is also the country in which real estate is expected to appreciate the most. This is likely why foreign investors are chomping at the bit to get a piece of the U.S. market.
There are a few different factors that have lead to this interesting scenario. One of the biggest reasons for the interest in U.S. real estate has less to do with the situation in the United States, and more to do with the economic situation everywhere else. Unlike its counterparts in Asia, Europe and South America, the market in the U.S is more stable and property values are continuing to rise steadily. When you couple that with low current mortgage rates, it is no wonder there is little choice but to invest.
But what type of real estate is the best investment? According to Yu’s article, it is multifamily residential real estate and industrial real estate that is most in season right now. This is likely because of the high demand for both of these types of property as city populations continue to rise.
What this says about U.S. business trends is not entirely clear, nor is it evident what effect this will have on the current mortgage rates. In any case, residential real estate is coming back as a viable way to invest. Once again, U.S. real estate is one of the safest and most assured entities to back, and if current mortgage rates are to remain steadfast, the market will show no signs of slowing.
For more information on current mortgage rates and other industry news stay tuned to https://davekevelighan.com/.