10/11/2009
WORLD REAL ESTATE SURVEY
WORLD Real Estate Observe
According to a recent survey conducted by the University of Florida, stated that high unemployment and delay economic recovery in World economy will cause uncertainties.It was affect to the real estate sector.USA was the first hit by the recession and probably the last in the recovery.
Commercial real estate including the most vulnerable sectors affected by resession.Although most economists believe that the recession is over, but the unemployment rate rose to 11 percent and was the highest since this 1975.Because of this situation peoples will be careful with their financial, including to invest in real estate sector and affect the ability to pay mortgages and high Foreclosure.
According to Timothy Becker, director of UF's Bergstrom Center for Real Estate Studies, which conducts the quarterly survey said that a tax credit of $ 8000 is available when first buy a house will be removed after this November.This could make things worse and causing high foreclosure.Retailers with money on hand are able to find better locations at better rents than were available in the past, he said.
But on the other side of this situation could also be a golden opportunity for investors to start investing as much as possible in florida real estate,because prices are falling drastic.And will be a good invest in the future . All people believe that Florida will rebound, Because there are many advantages to living here, "he said." Foreign investors believe that the Florida real estate will still be good prospects for long-term investment. "
Investment is expected to be of assistance because the bank was reluctant to give loans, with favorability of the euro exchange rate against the dollar and the availability of commercial property you want with low prices, international investors began to enter the Florida real estate market, he said.
Until a few uncertainties in the market to overcome, though, including the fate of Foreclosures and the availability of financing, the possibility that the confidence in Florida real estate market will make a solid profit.
The latest survey stated that a recession in USA,Florida and emerging markets will soon be overcome by providing re-employment for the people of the whole World.
Quarterly report is the most comprehensive survey of Florida real estate analysts and professional investors who followed by 268 participants that representing 13 countries from urban areas and up to 15 types of property that runs continuously.
ATOMER YONEY(METU-UK)
Certified Building Inspector ın
TURKEY-CYPRUS and BULGARIA
00905552198946(TR)
00359895062582(BG)
Commercial real estate including the most vulnerable sectors affected by resession.Although most economists believe that the recession is over, but the unemployment rate rose to 11 percent and was the highest since this 1975.Because of this situation peoples will be careful with their financial, including to invest in real estate sector and affect the ability to pay mortgages and high Foreclosure.
According to Timothy Becker, director of UF's Bergstrom Center for Real Estate Studies, which conducts the quarterly survey said that a tax credit of $ 8000 is available when first buy a house will be removed after this November.This could make things worse and causing high foreclosure.Retailers with money on hand are able to find better locations at better rents than were available in the past, he said.
But on the other side of this situation could also be a golden opportunity for investors to start investing as much as possible in florida real estate,because prices are falling drastic.And will be a good invest in the future . All people believe that Florida will rebound, Because there are many advantages to living here, "he said." Foreign investors believe that the Florida real estate will still be good prospects for long-term investment. "
Investment is expected to be of assistance because the bank was reluctant to give loans, with favorability of the euro exchange rate against the dollar and the availability of commercial property you want with low prices, international investors began to enter the Florida real estate market, he said.
Until a few uncertainties in the market to overcome, though, including the fate of Foreclosures and the availability of financing, the possibility that the confidence in Florida real estate market will make a solid profit.
The latest survey stated that a recession in USA,Florida and emerging markets will soon be overcome by providing re-employment for the people of the whole World.
Quarterly report is the most comprehensive survey of Florida real estate analysts and professional investors who followed by 268 participants that representing 13 countries from urban areas and up to 15 types of property that runs continuously.
ATOMER YONEY(METU-UK)
Certified Building Inspector ın
TURKEY-CYPRUS and BULGARIA
00905552198946(TR)
00359895062582(BG)
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