[Fredslist] Real Estate 101: Now Is The Time To Buy Promo
JADLER115 at aol.com
JADLER115 at aol.com
Thu Jan 31 21:41:20 EST 2008
It was so refreshing to hear something positive about real estate when I was
listening to CNN the other day. The host of the show actually said that if
you have any money, money in a piggy bank.....now is the time to invest.
Below is part of an article from the Association of Foreign Investors.....so I
ask....if they can invest here, why can't we? If you would like the entire
article I would be happy to send it to you.
International investors continue to broaden their allocation of investment
funds around the world and have adopted innovative strategies to more easily
acquire real estate within the most competitive markets. While the US remained
the most dominant single market for investment, India ranked highly as a
place for capital appreciation. And while the US is perceived to be a difficult
place to acquire real estate, the number of respondents who say it is “very
difficult” has decreased for the past three years. The 15th annual AFIRE
Investor’s Survey reflects the attitudes of the members of the Association of
Foreign Investors in Real Estate (AFIRE) who collectively own $600 billion of
real estate globally and $185 billion in the US.
“The results of this year’s survey manifest the most global viewpoint our
members have ever expressed,” said Mark Preston, president of Grosvenor UK and
Ireland, and AFIRE’s newly elected chairman. “The US remains the strongest
and safest conduit for cross-border real estate capital, by a substantial
margin, 63%. But it is clear that our members are taking advantage of some of
the opportunities inherent in emerging markets.”
Global Viewpoint
London remained the top global city for foreign investors for the second
year in a row. For the first time, New York City was ranked as number two and
supplanted Washington, DC in that spot. The re-emergence of New York City
became the theme of the AFIRE 2007 Winter Conference in February entitled, New
York City: Five Years After. Washington, DC fell to fourth place behind Paris.
The cities of Munich, Stockholm and Moscow made strong showings this year by
moving up the rankings in significant leaps.
Janet
Janet Adler Realty
212 427 3809
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