Real Estate Values In The Us Are Climbing Swiftly

By Author: Roscoe Mays
Total Articles: 9
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The most recent round of price rises showed a 10.9 per cent gain across the the USA, according to Case-Schiller figures.

Case-Schiller’s survey saw all 20 markets featured log price gains with a range of markets topping 20 per cent in terms of increases.

Atlanta – where many large Wall St funds are buying up foreclosed homes - was among those at the very top of the table with a 19.1 per cent change, in a year.

Las Vegas posted a 20.6 % increase and Phoenix 22.5 %. Dallas, which happens to be attracting interest from both funds and international buyers, increased by just 6.8 % on the Case-Schiller stats. The two Florida markets that the investigation includes - Tampa and Miami - both logged gains of more than 10 %.

The Case-Schiller figures came as the total number of properties in some formof foreclosuredroppedto 1.1 million, down from 1.5 million a year ago.

Foreclosures, though, were still occurring at 52,000 a month – more than twice the pre-crisis average.
Obviously the housing sector is still travelling from depressed to vibrant again.

But the trend is definitely ...
... going the right way with such robust and consistent increases being registered.

It appears based on these statistics that the bottom for the US real estate sector may have been some six to 12 months ago.

For those wanting to make investments, with the upward trend there is a reducedrisk of capital loss, however rising prices have reduced rental yields.

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