Just over a week ago Reuters magazine reported that America dominates the list for overseas property investment. For the first time in a decade, four out of the top five cities in the world on the list are in the United States. While the view was rather dismal for 2012, optimism is the theme for 2013, with many overseas investors expressing an interest in increasing their U.S. holdings this year..
The survey, conducted by the Association of Foreign Investors in Real Estate (AFIRE), showed that buyers feel America provides the most stable global real estate investment. Over half of those surveyed also said it offers the best price appreciation, compared to competitors such as Canada, Australia and the United Kingdom.
According to AFIRE’s Chief Executive, there is a clear belief in the revival of the American economy. People want to take advantage of this opportunity before prices dramatically rise again. Whether east coast or west, northern or southern United States, there are options for all interested buyers.