In the Houston area and across America the wealthy citizens continue to spend millions of dollars on luxury properties. It is a place to invest money in a down economy. Europe’s turmoil is a huge factor in the increase we have seen in luxury properties over the past twelve months. Greece and Spain’s markets are in shambles and no one knows when the situation will improve. Because of Europe’s mess and the decline in global economies, the world’s richest people are opting to invest in real estate in other parts of the world. Many foreign investors are heading to the U.S. to buy up properties. Most are heading to Miami and New York, but some are here in the Houston area. These foreigners are a big part of the stabilization of the residential real estate market in the U.S. Other nations, such as China, also have people investing in America. If you are looking to purchase a property in the U.S. to secure your finances during the turmoil of the economy, call Register Real Estate Advisors. Our agents speak many different languages and cross several cultural barriers. Our office is open Monday – Saturday from 8:30-5:30pm at 281.288.3500 or you can email us at info@rrea.com. We would be happy help you. Give us a call today so we can help you find the best investment property for your portfolio.
Recommended Posts
