A recent nationwide survey finds that rental demand for US property is set to continue. Pressure from new demographics and a changing economic scenario mean that the supply of rental properties in the US will remain well below demand.
Fortaleza has been highlighted as one of the hot spots for a New Year’s Eve holiday in Brazil by the Brazilian Tourist Board. This reinforces the popularity of Fortaleza holidays among both foreigners and Brazilians themselves.
“It’s a good time to be a landlord,” Florida Realtors news sector announced recently in an article explaining how rental properties in the US offer excellent long-term investment. The short-term return might not be as high as quick sales of US property but buy-to-let investment does secure long-term wealth.
Investors looking at the US property market next year can expect a virtual repetition of this year’s figures. In a nutshell, 2016 will see more high sales and price rises along with continued increases in rental rates and low vacancy levels within the rental market.
Latest Ceará employment figures show a stable job market, creating a steady flow of jobs. Stand-out sectors in this state in Northeast Brazil include trade and hospitality, and reflect the area’s continued economic growth against a very different background nationally.
Recent awards for tourism in Brazil place Fortaleza at the top of the country for progress in competiveness. Fortaleza in the Northeast already stands out as one of the top places for a holiday in Brazil and this latest award reinforces its appeal.
Globally, house prices are not moving much, but key destinations are attracting big property investment and registering double-digit price rises. Continued uncertainty over the Chinese economy means overseas property markets in North America and Australia are likely to remain safe bets in the near future.
As well as its year-round sunshine, theme parks and long beaches, Florida is famous for its favourable business climate. In this year’s ranking, the Sunshine State rises from fifth to fourth position to become one of the top five best proving that the Florida Business Climate stands out among the rest.
The Florida property market continued its path to full recovery during the third quarter of this year. Sales and median prices rose across the board while inventory listings and supply fell, indicating the new property reality – Florida is moving towards a seller’s market.
A recent report into the US property market faces 3 Florida metro areas in the top five hottest spots for property investment. Orlando, Fort Lauderdale and Palm Beach County dominate the listings compiled for this autumn. Other Florida metros such as Miami, Tampa and Jacksonville also rank in the top 20.
A leading Argentinian broadsheet has discovered one of Northeast Brazil’s secrets - Trairi beaches in Ceará. Located half-way between Fortaleza the state capital and Jericoacoara one of the most famous beaches in Brazil, the newspaper finds that these four beaches offer quality of life.
The world’s fast-growing urban population presents interesting investment opportunities over the next few years. When looking at global property investment for 2016, investors have the choice between established but slower growing cities or emerging urban centres with faster growth. Asia concentrates the bulk of new cities with Dubai a rising star among them.
After an excellent year with a dynamic market and rising prices, US property is looking forward to further growth and excellent investment returns in 2016. Next year will see the consolidation of smaller urban markets as a preference among buyers and residential property as the best option for investors.
Ceará consistently ranks as one of the top destinations for a holiday in Brazil and state authorities want this part of Northeast Brazil to reach even higher. Plans revealed in early October show Ceará tourism has big investment and expansion plans for the next few years.
Luxury property in Brazil remains untouched by the economic crisis although preferred locations have shifted. Northeast Brazil and Southeast Brazil now dominate searches with high-end property in Fortaleza the most sought-after.
Buying a property in the US is at its most affordable for two years despite rising house prices. Counties with the most affordable property include several in the Midwest and some analysts describe now as a “historic time” to buy Florida property.
