For those of you that have embraced our foreign property investment strategy into the Chicago (USA) real estate market, we were pleased to review the latest information supplied by the Chicago Agent Magazine and the Crain’s Chicago Business Report that have supported our position.
Here are the key findings as published in their article Record-Breaking Foreign Investment in Chicago Sets the Stage for 2016 on 5th January 2016:
- More foreign money has been spent on real estate in 2015 in Chicago than any year prior.
- In total, $3.27 billion dollars have been spent on real estate in Chicago as of 31st December 2015, well above previous years.
- Foreign real estate investment has surged thanks to low interest rates, previous investment successes and uncertainty in other markets.
A combination of improved economic conditions, low interest rates, strengthening consumer confidence, a significantly stronger jobs market, highly affordable prices and a chronic under-supply of housing is driving significantly higher rents, and we expect soon, significantly higher real estate prices in our target markets. Given the high cash flow and capital appreciation potential, we believe that right now, the US real estate market is providing a rare opportunity for both income and growth investors. There is still plenty of time left to capitalise on this investment opportunity and to add significant value to your portfolio.
If you have an interest in real estate and would like to learn more about how you can benefit, download our FREE US Real Estate Investment Presentation today. You can also download your copy of our FREE White Paper research report to access our in-depth analysis.
If you have been considering making an investment in the US housing market and want to discuss what opportunities are available, contact United Global Capital today for a no cost, no obligation consultation on 03 8657 7640 or email [email protected].
The information contained in this report is General in nature and has been prepared without taking into account your objectives, financial situation and needs.