Markets hard hit over the last few years including Portland, Oregon, Austin and Houston Texas, as well as several cities in Texas and Florida are showing excellent recovery and the prospects are great for long-term real estate investments.
In a survey of their 330,000 members, ActiveRain found that more than 80% believe 2013 will a year of rising real estate values and an increasing number of transactions.
Read the full report based on the data from the survey in this article by RealEstate.com and see what this means for real estate investments opportunities:
U.S. Real Estate Market Is Back
After five long years of bad news, the prognosis for the health of the U.S. real estate market in 2013 is surprisingly strong. The largest real estate social network in the world, ActiveRain, recently surveyed 2,430 real estate professionals and found that there is great optimism regarding the future of the U.S. real estate market and economy. Since U.S. economic recoveries often come on the back of the real estate market, a rebound in real estate is a great sign for the economy as well...
The results of the aforementioned ActiveRain survey shows that agents predict robust growth in the U.S. real estate market and the U.S. economy as a whole in the upcoming year:
- 84 percent of agents believe that real estate values and the number of real estate transactions will increase in 2013.
- 77 percent believe that new construction starts will continue to increase.
- 74 percent believe that their local economy will improve in 2013 compared to 2012.
- No market is expected to see a decline in home values or real estate transactions in 2013.
... The survey found top investment opportunities for 2013 to be single-family homes as primary residences, rental properties, and multifamily rentals, in that order. read more »
It’s no secret that timing is key to successful real estate investments. Since 1924 the professionals at Kernors LLC have been using solid market knowledge and sound investing philosophies to grow and preserve clients’ wealth. Call us today to learn more, 503.670.9433.