123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

American Real Estate Comes To Life With Prices Rises Across The Country

By Author: Roscoe Mays
Total Articles: 13

Recent Case-Schiller stats showeda price increase of 10.9 per cent across the US.

Case-Schiller’s survey saw all 20 markets featured show price gains with several markets bettering 20 per cent in terms of gains.

Atlanta – where many sizable institutional investors are buying up distressed homes - was among those at the very top of the table with a 19.1 per cent increase, in the year to April.

Las Vegas posted a 20.6 per cent rise and Phoenix 22.5 per cent. Dallas, which happens to be attracting interest from both funds and foreign buyers, rose by just 6.8 per cent on the Case-Schiller numbers. The two Florida markets that the survey includes - Tampa and Miami - both logged gains of more than 10 %.

The Case-Schiller figures came at the same time that the total number of properties in some stateof foreclosuredroppedto 1.1 million, down from 1.5 million a year ago.

Foreclosures, though, were still running at 52,000 a month – more than twice the average rate before the crisis.
This suggests a property market still going from sickness to health.

But the trend is surely heading the right way with such robust and consistent price rises being logged.

It appears going by this data that the bottom for the American housing market may have occurred some six to 12 months ago.

For those wanting to buy, with the upward trend there is significantly lessrisk of capital loss, although prices have risen somewhat from the bottom compressing rental yields.


Are you on the lookout for even more on foreigners buying US real estate? Check out Jamey G. Winters's blog today and obtain even more facts on US property investing promptly.

Total Views: 65Word Count: 274See All articles From Author

Business Articles

1. 5 Sec Videos: A New Standard For Video Publishers
Author: mediaconversion

2. Responsive Marina Web Design Make Your Design Perfect
Author: danielevans444

3. Bas Agent Solutions- Your Guide To Taxation
Author: Scarlett Read

4. Top Benefits Of Leasing A Car Rather Than Buying One
Author: Darren Swan

5. Servo Voltage Stabilizer - A Boon To Save Men, Method And Material
Author: R. D. Electric Works

6. Control Of Voltage Fluctuations Is A Must, Because Energy Earns Or Simply Burns
Author: R. D. Electric Works

7. The Replacement Of A Part Of Old Water Pump Is Enough To Get Your Machine Going Again
Author: Sam Makhanian

8. Captivating Benefits Of A Portable Hardness Tester
Author: India Tools & Instruments co.

9. Why Does Paper Napkin Making Business Is A Profitable Choice?
Author: Finetch Tissue Machines

10. How To Identify Whether A Transformer Is Good Or Faulty?
Author: Trutech Products

11. Several Methods Of Cooling A Transformer In Different Industries
Author: Trutech Products

12. Various Cost Saving Benefits Of Cable Trays
Author: Brilltech Engineers Pvt. Ltd.

13. Importance Of Radiation Safety In Healthcare
Author: Steven J. Stanek

14. Ac Service Center In Jaipur
Author: david deevan

15. How To Recognize A Hydraulic Cylinder
Author: Rattan hose


Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: