PepsiCo’s foods division is looking to double its revenue in the next three to four years in Brazil in spite of a recent slowdown in Latin America’s largest economy. PepsiCo’s plan reflects the belief of many local groups and multinationals that the longer term structural source of economic growth in Brazil, the rise of its lower-middle class, especially in the traditionally poorer northeast, is intact.
At the year comes to a close, all signs point to an excellent year for property in Fortaleza. Fuelled by robust demand and keen interest from buyers, more strong activity in all property sectors is forecast for 2015.
November foreclosure statistics return Florida to the country’s number one position, although year-on-year activity has dropped markedly. Mortgage default figures also point to a decrease in a market where obtaining a mortgage for property in Florida remains a challenge.
The latest Ernst & Young Capital Confidence Barometer for Brazil finds levels of confidence high with a bright outlook for the immediate future. Executives, both globally and in Brazil, feel the time is right to grow their investment in Brazil.
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.