American Property, Not EU Property is Hot Now

People around the globe believe that the US housing market could offer better returns than the stock market. Respondents to the latest Bloomberg survey of investors, analysts and traders rate U.S. financial markets highly: 46 percent say they will be among the best performers over the next year, double the percentage that select China, in second place.  More investors expect oil prices to fall over the next six months than to rise, 35 percent to 31 percent, the first time that?s been the case since September. 

Respondents also are the most bullish on the U.S. Dollar since September.  Close to half of those surveyed say they are adding to their Dollar positions, while only about one in 10 are reducing them. Many investors agree the American property market is at a turning point after a 33% fall in prices since it peaked in April 2006, with one third of those contacted seeing house prices starting to rise over the next six months.

Take a look at the recovering markets around the US.  Atlanta, for example, one of the hardest hit property markets, is seeing a dynamic change.  Foreign investors are flocking to the city snapping up properties now priced at 30% to 50% of what they were just a few years ago.  The  rental market is also rated as one of the hottest in the US giving those investors 13 to 18% NET annual yields.  

Some facts about Atlanta:

Atlanta is one of the fastest growing, stable metropolitan centers in America.

• Forbes Magazine ranked Atlanta as the #1 rental market
• CNNMoney.com says Atlanta is the 4th best city in America to invest in
• Forbes Magazine ranks Atlanta as the 4th most affordable U.S. market

U.S. Economic Rankings

• 3rd in job growth
• 3rd for most Fortune500 companies' headquarters
• Home to the world's busiest airport: Jackson/Hartsfield International
• 2nd as America's best cities to relocate
• 1st in U.S. as least costly large city for business

If you're thinking of investing in the US, Atlanta is worth considering.  For more information, please call or write.  I will be happy to help you.

 John Breaux, CIPS, RSPS

+1 678 230 9613

johnb@southernreo.com

Information contained herein is for informational purposes only.  

Please speak with your legal and/or tax advisor before making any investment decision.