If you’re like us and saw the immediate opportunity in the recent global economic downturn, then you’re not alone. Imagine buying a house in Sydney at 1990 prices. It’s hard to imagine that could even be possible, given the dizzying prices Sydney properties now command. Sydney is now out of reach for many real estate investors. But prices for US property are at historic lows. Combined with low interest rates, real estate has not been so affordable in decades. Declines in property values of 40%, 50% and up to 60% are not uncommon in some areas of the US. Not only that, unfortunately, with the many mortgagee sales and disclosures, people who once were owner occupiers are now moving into rentals, driving up demand in the rental market.
With the recent news of the American economy starting to turn around, real estate values are in turn showing some recovery. Now is the time for investors to take advantage of the opportunities currently available in the US.
However delving into a new and foreign market can be enough to stop people taking action and taking advantage of this unique opportunity. Figuring out where to start can be difficult. We’ve created US Real Estate as an information portal to help you get started. We’ve created the US Real Estate Investor Club for people who want to find out more about the many US Real Estate markets, have access to US based real estate investor clubs to see how Americans are taking advantage of this market, as well as access to other Australians who are investing in the US market. As a club member you’ll have access to listings from reputable and credible agents who we know have served other foreign investors, and come with trusted property management solutions. To find out more about the US Real Estate Investor Club click here.
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