Tuesday, 30 December 2014

National Realty Investment Advisors, LLC Reviews 2014 US Realty Market

While the US real estate market still hasn’t recovered completely from market slowdown, the growth patterns of 2014 were pleasing. Few economic developments pushed overall growth in 2014, and also carry the potential to continue generating benefits in 2015.

National Realty Investment Advisors,LLC is here to share market observations, statistics and findings that influenced real estate market of USA. Here are the few highlights that made 2014 a notable year for US real estate market:

Rise in prices of single family homes
Statistics reveal that the median sales prices for single family homes rose up considerably in 2014. The growth rate is 4.9% for the same, as recorded by America’s largest trade association. It implies better prospects for future investments.

FDI in real estate
FDI in real estate for the first quarter of 2014 reached $9 billion. Foreign investors looked towards US market owing to tightened Chinese economy and saturation of Canadian real estate. Investment experts at National Realty Investment Advisors, LLC are reading this as a positive sign.

Low interest rates
Interest rates remained low and dropped down in few cases. This brought growth in home sales, particularly in entry level market. If the government didn’t consider increase in interest rates in the New Year, the real estate market might further solidify.

Considering all the real estate developments of 2014, the approaching year seems promising. Market seems positive for families and investors who plan to buy a home in 2015.
What do you think might be the real estate picture of 2015? Share your ideas and opinions in the comment section.

1 comment: