The U.S. is predicted to be the top real estate investment destination on the planet next year, a sign of even better things to come as the housing market continues to recover.
A recent report by Overseas Property Professional magazine and a survey of the world’s most active real estate investors by Colliers International shows America as the most popular choice for investing for 2013.
This is great news for all stateside. A big influx of capital and more fuel for our real estate recovery means rising values for homeowners, ease of flipping houses for real estate investors and confidence in making a great financial decision for those buying a home in the next 12 months.
According to responses to the above survey around 25% of investors plan to look for opportunities outside of their own countries. While there may be some parts of Europe or Latin America ‘promising’ attractive ‘discounts’ or higher returns these destinations aren’t checking enough of the boxes that savvy investors want to see today.
Experienced and especially affluent investors are putting wealth preservation and income as their top priorities for selecting investments for 2013. Fortunately this is where U.S. property really shines. Sitting on the edge of a new period of extended growth our real estate market offers security for capital and growth prospects, while low mortgage rates and high rents are providing very attractive yields.
However, what few probably expected to be revealed by this report on global investment was that many new lenders are ramping up to provide debt financing for property to fill the gap left by high street banks. This is great news for real estate investors everywhere and will certainly help to further growth in home prices and sales volume in the U.S.
