As we all know, America's housing market has been in a slump for many years. Years of negative news made home buyers and real estate investors nervous about the future of the U.S. housing market. However, the following infographic should bring optimism back to most people.
This infographic reports the opinions of real estate professionals, and their predictions look extremely promising! Most feel positive about the direction the economy and the real estate market is headed. If the trend continues, which it is expected to do, then this would be a great time to be investing in real estate.
Consider Minneapolis, Minn. You could’ve bought, out of foreclosure, a three-bedroom, two-bath house of 1,356 square feet on a quarter acre lot for about $29,000. It needed a lot of work, but houses in the neighborhood recently sold for $75,000.
For many individuals, the single largest “investment” of their lives will usually be their home, as opposed to investing stock, bonds, mutual funds or certificates of deposits (CD’s). This is because purchasing real estate is less risky than investing in the stock market and can be more rewarding than changing CD interest rates.
USA investment property is becoming very popular these days, and many foreign investors, especially from the UK, Australia and Europe, would prefer purchasing properties in this country.