Types Of Properties In Usa For Investing-soulseek

Business The types of homes in the USA that are desirable to foreign investors have increased substantially. With the weak dollar, and the collapse of the housing market, the inventory of houses for sale in the US has skyrocketed, while prices have plummeted. For foreigners looking to invest, or to find a vacation home within the states, there has never been a better time to look into the US real estate market. Below are 3 types of homes in the USA you can currently find on sale: Residential Single Family Homes This has always been the most popular choice with foreign buyers, as well as domestic purchasers. A recent survey done by the National Association of Realtors showed that 69% of international buyers bought detached, single family homes in the United States. The suburbs seem to attract foreign investors, as 45% of them bought there. The main reason is that these types of properties have enabled most investors to get good healthy returns on their investments. Residential homes have been at the forefront of the housing crisis, especially in areas like California, Nevada and Arizona. These are the markets that experienced double digit home price appreciation during the housing bubble. When it burst, the prices in these areas fell the most dramatically. This segment is also expected to be the leading factor in the recovery of the housing market. It is considered the place where investors will find the best prices as well as realize their best returns. Condominiums/Apartments These are the second most popular types of homes for international buyers, accounting for 18% of all foreign real estate purchases. Many builders are desperate to sell off inventory, especially condominium buildings in resort areas, and as a result, you can find some great deals. A story out of Florida recently highlighted this problem very well. A 32 story condominium unit had just one tenant in the whole building. Many international buyers also prefer condominiums due to the lack of upkeep, and the amenities that are usually offered within the .plex. Townhouses Townhomes .e in third popular for foreign investors. Only 8.9% of international buyers end up buying these. One reason for this is that there simply arent as many of them as .pared to single family homes or apartments and condominiums in the United States. Another reason is that many of them have been built in places that have kept their value fairly well during the recession, so theyre not really the best deal for buyers. The big amount of homes on sale today is probably more important and telling than the types of homes available. Investors are able to be very discerning in their choice, as sellers .pete in an extremely .petitive buyers market. Given the types of homes on sale in the USA, as well as predictions of a recovery in the near future, there arguably has not been a better time for foreign investors to enter the US real estate market. About the Author: 相关的主题文章: