With the local economy and job creation growing at a ‘blistering’ pace, property in Houston is in seriously short supply. Latest figures point to one of the lowest inventory levels in a city where rentals are perhaps the only way of satisfying demand.
The latest polls on consumer confidence and the affordability of property in Florida show mixed results. With the improvements in economic conditions Floridians are spending more, but the widening gap between wages and house prices moves homeownership further out of reach making property rental the most affordable option.
On the back of solid demand from society and increased mortgage lending, there’s plenty of room for growth in the Brazilian property sector. With the total home loans to rise by 10 per cent next year, 2015 looks set to see further consolidation in the market.
Figures for the Florida property market in October show yet another rise in sales of single family homes and condos, and average selling prices. Based on the latest statistics, analysts believe the housing market is moving in the right direction with many local agents claiming that now is the time to buy.
With billions in investment and state-of-the-art installations, Pecém Port is on track to become one of Brazil’s of largest import-export centres. Together with its steel plant and oil refinery, the port will create over 130,000 jobs and add double-figure increases to Ceará’s GDP between now and 2020. This unprecedented injection of wealth will have huge implications on the demand for property in the area.
Political stability and strong economic fundamentals are the basis behind foreign investment in Brazil, currently at levels on a par with those last seen in 2007. With a number of key foreign companies investing heavily, Brazil continues to represent an excellent investment opportunity.
It’s Florida’s largest city and one of the fastest growing in the southeast region of the US. With a booming employment market and low inflation, Jacksonville currently shines as one of Florida’s economic beacons. In turn, this buoyancy is boosting the Jacksonville property market, expected to expand considerably over the next few years.
Two new shopping centres have just opened in Ceará creating thousands of new jobs and enhancing the state’s tourist attractions. Demand from resident and visitor consumers continues to grow in the state, leading both regional and national economic performances.
Latest statistics for Brazilian property show signs of stable price growth throughout the country. In terms of mortgage lending, September’s figures are the best for 20 years, particularly in the state of Ceará, northeast Brazil, where home loans have increased by nearly 40 per cent this year.
September figures for property in Florida show a steadily-growing market with some of the best all-round investment potential in the US, both for rental returns and capital growth. Stability and consistent growth now characterise the Florida property market, two qualities that feature on any investment potential lists.
Getting around Central Florida has recently got much easier with the new SunRail train service. When the second phase is completed, the railway will cover over 60 miles between Volusia County and Osceola County, creating thousands of new jobs and opening up further opportunities in the Florida property market.
The idyllic beach location of Praia de Guajiru on Brazil’s north east Ceará coastline has made its mark firmly on the world’s map of top luxury travel destinations. The resort is now home to the Hotel of the Year, an internationally-acclaimed award for the very best in luxurious holiday accommodation.
Florida property remains one of the highlights on the international real estate map with the last year seeing marked increases in both total investment and number of sales. Orlando and Tampa are market leaders when it comes to location and the Canadian and British rank as top buyers.
BRIC Group was proud to be an exhibitor at one of the world’s largest and most influential property shows, the Cityscape Global property exhibition held at the Dubai World Trade Centre from 21st to 23rd September. Our stand attracted a steady stream of investors during the 3-day event with all investment products exceptionally well received among the thousands of international investors, key decision-makers and stakeholders.
BRIC Group is pleased to announce that our luxury, beachfront new development, The Coral, has won the International Property Awards for Best Residential Development in Brazil in 2014.
