With the property market in full recovery, not all metro areas are good for US buy-to-let property. Others, on the other hand, tick all the boxes
A recent report on the US rental market reveals higher rental rates and occupancy levels plus an increase in the popularity of renting.
US foreclosure properties, once a huge market burden, now stand at their lowest rate for over 11 years. Many metros have rates last seen in 2005
US rentals are on the move as almost two-thirds of tenants plan to relocate. Sunbelt states such as Florida and Texas are top favourites.
2017 has undoubtedly been an excellent year for the US property market. With under three months to go, predictions are already coming in for 2018. Freddie Mac’s latest economic outlook makes good reading for US investors as it points to more of the same.
After the devastating effects of hurricane Harvey you might have thought otherwise, but the Houston property market has stayed well afloat. According to an article in the New York Times, “Houston’s unsinkable housing market is undaunted by the storm”.
It’s the question on every property investor’s lips. And the latest Market Hotness Index from Realtor.com provides the answer. The listing for August shows continued heating up of the US property market and includes some surprises.
Latest figures for homeownership in the US point to a slight increase in the rate in Q2 this year. More millennials bought homes between April and June, pushing the homeownership rate up in this group. Traditionally the strongest sector in the US rental market, they are about to be joined by Generation Z, a whole new target for rental properties.
The Sunshine State has long ranked among America’s favourite retirement destinations. A new report reveals five great places to retire in Florida for affordability and best healthcare access.
Levels of foreign Investment in US property have hit a record high. Big interest from foreigners shows US real estate remains a popular option.
Two studies reveal that the US rental market requires a massive injection of properties over the next two decades to meet burgeoning demand. Based on current trends, the US needs 4.6 million more apartment units by 2030 to satisfy demand from rental households.
On the back of strong job creation, the Houston property market is setting record sales and price rises. Houston rentals are also booming.
Florida property market moves up yet another notch and registered its 66th consecutive month of price hikes in May. On the back of strong employment prospects, Florida continues to attract buyers in droves.
The most popular places to buy US property in Q1 this year have just been mapped. A recent study finds that numerous locations in the country come out well above the national average for buying US property.
US buy-to-let property is not only big business for small investors; large investment funds have recently joined them in the bid to obtain yields from America’s buoyant rental market.
Developers of new properties in Southwest Florida can expect a positive outlook for the rest of this year, says a market trends report for the region.
