Good News on the Horizon
Many experts agree that this is the time to get into the Real Estate market, with incentives for first time buyers, historically low interest rates and competitive pricing, this may well be the time to buy. Investors from overseas certainly see the U.S. as a stable place to invest. According to the Association of Foreign Investors (AFIRE), a survey released earlier this year showed that more than 53 percent of respondents ranked the “U.S. as the country providing the most stable and secure real estate investments.”
Investors are also looking at real estate opportunities that exist in the U.S. such as Las Vegas, New York, and Miami and appear to be buying now taking advantage of their stronger currency to give them a better return in the long run. While many are looking for commercial properties, some are also vying for residential properties.
“This is the greatest opportunity we’ve had in 50 years,” says industry experts, “Even though there is a lot of inventory on the market, certain properties that are passed over may be worth a second look and be a better bargain”. Those who are willing to go the extra mile, roll up their sleeves and do some hard work, will definitely benefit in today’s market,” says Cecily Lee of RE/MAX Beach Cities
If you are thinking of buying or selling in Redondo Beach think Cecily Lee, 310-376-5673
