The Growing Market
The real estate market has seen incredible growth almost all over the world. It has reached unparalleled levels in all top-developed countries as well as developing countries. Examples of markets that have reached their all-time highs: England, France, Russia, and China.
The US market has also reached top levels in almost all major cities. The real estate market has shown some sign of weakness for the past 9 months, weakness touching the market in different ways according to local market conditions. The South Florida market was of course impacted by a wave of unprecedented speculation, but is a strong and resilient market with a very healthy economy, one of the lowest unemployment rates in the US, a strong migration from northen states as well as from Latin America and Europe. The very strong Euro makes the South Floridian market very attractive for European investors. The new popular investment themes in the North American market include the following areas :
* North of Florida
* Panama
* Costa Rica
* Dominican Republic
* Bahamas.
We identified also the following US cities or states where real investments are still a bargain:
* Atlanta, Georgia - (Below average appreciation rates, but very strong economy.)
* The Carolina's - (South and North)
* Austin, Dallas and Houston Texas
* Boise, Idaho.
* Phoenix, Arizona.
* Milwaukee, Wisconsin
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About the Author: Mark Nash's fourth real estate book "1001 Tips for Buying and Selling a Home" (2005) and a real estate broker in Chicago are the foundation for his consumer-centric real estate perspective which has been featured on CBS The Early Show, Bloomberg TV, Fidelity Investor's Weekly, Dow Jones Market Watch, MSNBC.com, The New York Times, Universal Press Syndicate and USA Today. www.MarkNashRealtor.com
Contributed by Agent Eric Harari of MLR Realty
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