The real estate market will certainly never be a temptation for foreigners. It is an investment that can be classified as one of the safest. Always be above any inflation , because their value tends to increase steadily and they are generally profitable .
Foreigners residing in the country legally enjoy the benefits as if they were Americans when a transaction citizens, can also be financed, if they meet the requirements of the mortgage banks . In general the procedure is simpler and less bureaucratic than in any other country . Nonresident aliens can also buy property without restriction even a tourist around . Today there is no impediment to buying a house or condo, for personal use or for profit on it, either an individual or a corporation. What is necessary is to be advised by knowledgeable professionals in the field so that your investment is 100 % safe and beneficial .
The prices offered by the U.S. real estate market have exceeded any speculative . For example , in South Florida there are properties that were previously valued at $ s80.000 and is now being marketed to only U.S. $ s20.000 in foreclosure process ( foreclosure) held by financial institutions.
Cash is king when it comes to buying. Today banks are offering properties in average values of $ s35.000 are saturated because of those properties and want to give a quick exit. They also offer loans up to 70 % of the property value with rates of 6% for foreigners who want to invest in the United States.
places
The areas with higher foreign investment are Miami, Fort Lauderdale and West Palm Beach. These areas have a tourist profile , they are used for leisure purposes and to rent them for short periods, while others are with investor profile and departments looking to rent all year round. Although Florida is the most sought-after location , the Manhattan real estate market is the most promising of all the country , receiving more than 40 million people a year with an unbeatable buying power.
The real estate sector in the United States has become the primary attraction for investors with varied capitals , ranging from 50,000 to $ 350,000. This market is a potential that has contributed to revive the economy on a large scale after the fall suffered in 2010 from 33% today grew 70% and Latino sum investors buy for $ s82.000 millions around the country , a figure that is growing day by day.
Notably purchase any property within the United States does not grant any immigration status or work permit or green card . Foreigners who want to invest in real estate can do so and subject to the immigration rules for non-residents at the time of taxed investors or collect your winnings . The visa for investors buying property is still a bill expected to become law soon.
While this is an acceptable fear from foreign investors , failing to remain full-time to care for and manage their properties or do it in the distance, there are reliable companies who accompany clients throughout the process , ranging from the purchase of the property to a management plan , based entirely on legal standards, procedures, ratings, checks , insurance, financial statements and tax return. The foreign investor is protected from all angles , you only know how to choose the right equipment.
Friday, April 4, 2014
Wednesday, April 2, 2014
Exceed 1 million new homes in the U.S. in March
The growth rate of housing construction grew by 7 % compared to February, to 1.04 million, a figure adjusted for seasonal factors , reported Tuesday the Commerce Department .
Building departments, which tend to fluctuate from month to month, led the growth jump almost 31 % to an annual rate of 417,000 , the fastest pace since January 2006.
However , construction of single-family homes , which make up almost two-thirds of the market, fell 4.8 % to an annual rate of 619,000 . It was down from the pace of February, when it registered 650,000 , the most since May 2008. The government said the February rate was 5.2% higher than previously estimated .
Applications for building permits, an estimate of future construction, fell 3.9 % to an annual pace of 902,000 . He lowered with respect to 939,000 requests for February, which were also the largest in five years.
Scott Laurie , President of Olson Homes , said the decline last month, construction of houses is not a reflection of what happens in the market.
The shortage of land for new housing construction has led to several contractors to ask local governments to adopt new land for urban development , he said. The process can take 12 to 18 months. A survey released Monday indicated contractors similar concerns.
" It will continue rising to new construction as the year and there is a new construction projects ," Laurie said.
It is expected that the increase in housing construction will contribute to economic growth in 2013 for the second consecutive year, a reversal of the trend during the period from 2006 to 2011 , when he led to economic stagnation .
Deutsche Bank forecast that housing construction hit an annual rate of 1.2 million by year-end . Brett Ryan , an economist at Deutsche Bank, said the rate could rise to 0.5% growth in 2013. This would be the greatest contribution of the housing sector since 2004.
Building departments, which tend to fluctuate from month to month, led the growth jump almost 31 % to an annual rate of 417,000 , the fastest pace since January 2006.
However , construction of single-family homes , which make up almost two-thirds of the market, fell 4.8 % to an annual rate of 619,000 . It was down from the pace of February, when it registered 650,000 , the most since May 2008. The government said the February rate was 5.2% higher than previously estimated .
Applications for building permits, an estimate of future construction, fell 3.9 % to an annual pace of 902,000 . He lowered with respect to 939,000 requests for February, which were also the largest in five years.
Scott Laurie , President of Olson Homes , said the decline last month, construction of houses is not a reflection of what happens in the market.
The shortage of land for new housing construction has led to several contractors to ask local governments to adopt new land for urban development , he said. The process can take 12 to 18 months. A survey released Monday indicated contractors similar concerns.
" It will continue rising to new construction as the year and there is a new construction projects ," Laurie said.
It is expected that the increase in housing construction will contribute to economic growth in 2013 for the second consecutive year, a reversal of the trend during the period from 2006 to 2011 , when he led to economic stagnation .
Deutsche Bank forecast that housing construction hit an annual rate of 1.2 million by year-end . Brett Ryan , an economist at Deutsche Bank, said the rate could rise to 0.5% growth in 2013. This would be the greatest contribution of the housing sector since 2004.
Tuesday, April 1, 2014
The impact of immigrants to the real estate market
Overall , immigrants have generated $ 3.7 billion in housing wealth in the U.S., helping to stabilize communities across America.
For an interactive map of the Impact of Immigration on the Real Estate Market you can click here .
Question: What is the main conclusion of this map?
Answer: Research shows that an increase in the absolute number of immigrants in a particular county in the period 2000-2010 resulting economic gains as well as increased demand for goods and services produced locally , hence an increase in the birth of individuals , which are reflected in the housing market.
The research found that immigrants revitalize undesirable neighborhoods in expensive metropolitan areas , opening new options for the working and middle classes buy U.S. homes. Also supports immigration housing market without exacerbating the worst affordability problems of the nation , as the immigrants themselves tend not to settle in the most expensive places .
Immigrants are also attracted by the Sun Belt ( U.S. region extending from the Atlantic coast to the Pacific coast east of the west ), mainly to cities like Houston, where housing has always been more affordable.
Question: How does this research say that immigration makes communities thrive ? Not the other way around , that immigrants will move to more affluent communities ?
Answer: The basic problem of the chicken and the egg was the most important challenge in the methodology . Fortunately, it is a problem that many labor economists have faced before, and the strategy used in this report reflects the techniques that have been used frequently in several reviewed by our peers about the impact of immigration on the labor market studies.
Immigrants tend to favor communities with many opportunities , but it is also clear that benefit the communities where other immigrants from their own NATIONALIT are already living .
For many immigrants , the presence of a key social network to find housing, employment and family -win for the local labor market decisions .
The immigrants would move to a county for two reasons : because the local economy is strong, or because there is a network of immigrants already exists in that location. The basic strategy of this research is to analyze the impact of immigrants who opt for the latter reason , and not the first . A statistical technique known as instrumental variable analysis to execute the strategy used .
Question. The average American home is bigger than it used to be . Does the research is saying that both houses and the immigrant population has grown over time ?
Response . The study explains the main features of the homes : when the houses were built and are single-family homes or apartments ? It also controls the key indicators of housing market : vacancy rates , average prices ten years ago , and the large number of units in a county.
The study also includes statistical controls to account for all permanent features of a county, such as the shortage of building land , and all economic and housing trends nationwide .
Question. Are the results were skewed by the housing bubble and the population explosion ?
Response . The results are based on a study of the entire period between 1970 and 2010 , of which the housing bubble burst and are a small part . Moreover , the study no data on housing prices in the period between 2001 and early 2006, which was the sharpest property inflation period.
For an interactive map of the Impact of Immigration on the Real Estate Market you can click here .
Question: What is the main conclusion of this map?
Answer: Research shows that an increase in the absolute number of immigrants in a particular county in the period 2000-2010 resulting economic gains as well as increased demand for goods and services produced locally , hence an increase in the birth of individuals , which are reflected in the housing market.
The research found that immigrants revitalize undesirable neighborhoods in expensive metropolitan areas , opening new options for the working and middle classes buy U.S. homes. Also supports immigration housing market without exacerbating the worst affordability problems of the nation , as the immigrants themselves tend not to settle in the most expensive places .
Immigrants are also attracted by the Sun Belt ( U.S. region extending from the Atlantic coast to the Pacific coast east of the west ), mainly to cities like Houston, where housing has always been more affordable.
Question: How does this research say that immigration makes communities thrive ? Not the other way around , that immigrants will move to more affluent communities ?
Answer: The basic problem of the chicken and the egg was the most important challenge in the methodology . Fortunately, it is a problem that many labor economists have faced before, and the strategy used in this report reflects the techniques that have been used frequently in several reviewed by our peers about the impact of immigration on the labor market studies.
Immigrants tend to favor communities with many opportunities , but it is also clear that benefit the communities where other immigrants from their own NATIONALIT are already living .
For many immigrants , the presence of a key social network to find housing, employment and family -win for the local labor market decisions .
The immigrants would move to a county for two reasons : because the local economy is strong, or because there is a network of immigrants already exists in that location. The basic strategy of this research is to analyze the impact of immigrants who opt for the latter reason , and not the first . A statistical technique known as instrumental variable analysis to execute the strategy used .
Question. The average American home is bigger than it used to be . Does the research is saying that both houses and the immigrant population has grown over time ?
Response . The study explains the main features of the homes : when the houses were built and are single-family homes or apartments ? It also controls the key indicators of housing market : vacancy rates , average prices ten years ago , and the large number of units in a county.
The study also includes statistical controls to account for all permanent features of a county, such as the shortage of building land , and all economic and housing trends nationwide .
Question. Are the results were skewed by the housing bubble and the population explosion ?
Response . The results are based on a study of the entire period between 1970 and 2010 , of which the housing bubble burst and are a small part . Moreover , the study no data on housing prices in the period between 2001 and early 2006, which was the sharpest property inflation period.
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