Foreign Investors More Confident on the Outlook of U.S. Real Estate
Thursday, January 29th, 2009Foreign investors forecast a better year for the real estate market of the United States. Businessmen are expected to invest more in 2009 compared to the previous year.
According to a survey of the Association of Foreign Investors in Real Estate, loans from real estate lenders are fore casted to increase by as much as 58% in the United States and around 54% globally. Based on their data, activities of investors in the market are expected to increase by 73% in the U.S. and about 40% across the globe.
Members of the association are looking forward to more sound investment fundamentals in 2009 compared to the previous year which forced most investors to be guarded because of the market uncertainty.
You may be thinking, ‘That’s nice, but what about that marvelous ocean view in California?’ Good news–these apartments are stationed on an Island, immersed in water. You can’t get more oceanic than that.