Tuesday, June 4, 2013

World Chasing U.S. Yield With 25% Deal Jump: Real Estate

This pertains more to commercial, but it shows the value of American real estate to non-US buyers.  From Bloomberg comes this update:

"Singaporeans, South Koreans, Israelis and Norwegians are accelerating purchases of U.S. real estate as a growing economy and rebounding prices lure yield-hungry buyers from overseas. International investors made $7.97 billion in U.S. commercial-property purchases this year through April, a 25 percent jump from the same time in 2012, according to Real Capital Analytics Inc. Their $27.5 billion in deals in all of last year was almost six times the $4.7 billion low in 2009, the research firm said."

For more click here


While we're in the Bloomberg space, check out this informative video from BuyerMLS Advisor and Investor, Jonathan Miller on the state of the US Housing market.

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