Question:

Real Estate market in USA?

I would like to invest in the real estate market of USA. I need a reliable entity to advice me on the type of investment, the amount to invest, and where to invest? can anyone help me with a list of organizations like Century 21 for such a service. Appreciate your help.

Answer:

There is no -all inclusive- real estate market in the US. The US is a huge country. Even within a city there are several markets. Before you decide on a real estate brokerage to call you will need to decide on what part of the US you want to invest in, and what type of property you want to buy. If I were going to live in Phoenix for 10 years then buying a house now while I live there would be a no brainer. If I were going to own an apartment building in Vegas for 10 years then I would think that would be a good investment. Either one of those for only a year or two would be scary.
go to florida/vegas, still some good buys there. contact a realty co. there
I labored within the loan enterprise for a pair years. I am now a estate tax researcher and I not too long ago (Last five months) purchased a house. Yes the truly property enterprise is declining. Which is often a well factor due to the fact new properties have been being developed at an insane fee. Home mortgage curiosity premiums are nonetheless low which could also be well. I feel a vendor's marketplace is a nasty factor due to the fact it places new property owners in a nasty fianncial quandary in the event that they make deficient offerings corresponding to: Purchasing a extra costly house than you'll be able to real have the funds for conveniently Increasing Bankruptcy premiums due to the fact of deficient lending offerings made (ARMS which lose cash, curiosity best loans) Equity being developed a ways slower. Property taxes growing swiftly. and so forth.. and so forth.. To make an extended reply rather shorter we're heading toward a consumers marketplace. Which I suppose has benefits for each the vendor and customer.

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