Has the Real Estate Industry in The USA Recovered from the Economic Crash?

While the whole world was hit by a devastating economic recession there were also countries which did not suffer too badly at the hands of the economic recession. The real estate markets in those countries also did not suffer as bad and thus they faced towards the American real Estate industry for investment point of view as well as to take advantage of the situation and become owners of their very own property or house in the United States of America. The real estate market which suffered extremely at the hands of the bursting housing bubble, remained in a slump until the end of 2012. Till the end of 2012 the prices and values of houses touched the lowest point. Since then the real estate industry has been somewhat in the recovery phase. The recovery is signaled via a few factors that have been originating as a trend in the industry.

Lost international interest in USA real estate industry and market The countries which were not hit so hard started seeing the United States real estate market as a window of opportunity. Since locals were unable to invest in the industry any more, the international communities and countries invested a lot in the American real estate industry during the peak period of recession ranging from 2007 to 2009. The heightened interest in the industry has been waning for some months now. People belonging from other countries who had been readily investing in the real estate industry have withdrawn from it and are showing a lack of interest. The waning and lack of interest is resulting from the increased prices of property and houses which had fallen many folds. The prices of real estate in many states and areas have almost come back neck to neck with the pre-recession prices and value of 2007.

Thus, making foreign investors to back away. As the real estate industry in the US is not as yielding an arrangement for their investment as it was half a decade ago. Rising Prices of Houses The prices of houses have been seen on a rise again since the start of the year 2013. There were many states which saw a dramatic and prolonged drop in the rates, prices and values of houses and properties all over America. Due to the extra submerged prices places like San Francisco, Las Vegas, Miami and Phoenix had become famous hunting ground for foreign investors who were looking to invest in the US real estate market. The prices which had touched the lowest mark at through the three year period of 2007 to 2009, has been seen climbing and has finally been able to reach high levels again. Foreign investors now sellers As the prices have soared the foreign investors again detect a window of opportunity and are now selling the property which they bought during the slump period. This in turn is yielding high profits for them. The selling of property is also creating vacuum in the market.

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