Description: 5 Best Cities for Foreign Investment In United States Real Estate- According to a survey of the Association of Foreign Investors in Real Estate (AFIRE), the USA has been deemed the #1 country for planned real estate investment and the 5 best cities are...
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5 Best Cities for Foreign Investment In United States Real Estate
5 Best Cities for Foreign Investment In United States Real Estate According to an old survey of the Association of Foreign Investors in Real Estate (AFIRE), the United States was deemed the number one country for planned real estate investment and the 5 best cities for foreign investment in United States real estate (CRE) are:
5 Best Cities for Foreign Investment 1. Los Angeles (tied with New York) 2. New York (tied with Los Angeles) 3. Seattle 4. Washington, DC 4. San Francisco
With 58% of international investor respondents votes, the US remains the country that is considered the most stable for real estate investment and 86% said they plan to maintain or increase their investment in US real estate. Therefore, this speaks very highly of US real estate. The below data has been taken from the report published by NAR.
2017 Profile of International Activity in US Residential Real Estate Foreign buyers purchased $153.0 billion of residential property from April 2016-March 2017, An increase from $102.6 billion from the previous 12-month period. Foreign buyers purchased 284,455 residential properties, an increase from 214,885 during the previous 12-month period. It is set in stone...we have a good investment market.
For new foreign real estate investors, it is important to know that in the United States real estate opportunities are often found using a listing system shared by Real Estate agents using multiple listing services. Although this is a good system, it is not always the most productive or profitable. Organizations like Canterbury Investment Group and Royal Oxford Global Properties have created a network of boots-on the-ground advisors in all the hot markets that allow access to off market, discounted and distressed for sale by owner (FSBO) properties. A far more better value for your investment.
It is important to work with the right team in the right market. Due to the Pandemic, the next 18-24 months are crucial for maximizing your dollars that are spent on all new US property investments. This will be a great opportunity to invest despite the looming financial uncertainty. Happy Hunting ????
