There are many advantages of being a real estate investor. Some of them are discussed below:
5. Popular around the world: Real estate investment is popular around the world. There are hedge funds, investors and REITs around the world. People from Asia, Europe, India and the Middle East are quietly and actively investing in property in US. Investors are taking keen interest in US property. The reason behind it is the significant depreciation rate of dollar. It has made US housing assets cheap in comparison to European property.
4. Canadians and expats are also taking interest in US property. Boomers in Canada are fed up living in extreme cold conditions and they are seeking respite from it. Florida is the place where they can get rid of that cold weather. Canada real estate is doing well and depreciation of dollar has lured Canadians to consider purchasing second home.
3. We are having mortgage interest rate at 5.25% since 30 years. The economy is at present getting weak every month. At least 2 fed rates are expected to come in near future. This is the opportunity where people can take loan at attractive rates and reduce their monthly expenses. Renters in different parts of the country are planning to purchase their own home one interest rates fall down. Reducing interest rate will fill the gap between buyers and sellers.
2. Inventory market is stabilizing. The rental inventory is declining in different parts of the country and new constructions are taking place. All these factors are important in recovering the housing market. It is expected that in the coming time, there will be an increase in the renters are rental rates are also expected to rise.
1. Most importantly, real estate investment in US is still considered as a long-term wealth building asset. Media has recently created a fear among real estate investors but it is all over now. Just ask any home owner since 1990 whether he is proud of his investment or not and he will tell you the truth. However patience is the key to succeed in any business and so is with real estate investment. Always keep in mind that even 3% rise in the value of real estate can increase your wealth with 30%.
Worst thing in property investment is panic sale. Think about the future trends in the market by being calm. It is a business that can give you financial freedom throughout your life.
Daniel Zane is the owner of London property inventories one of the UK's leading suppliers of property inventories.
Article Source: http://EzineArticles.com/?expert=Danny_Z
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