Foreign Investors Very Confident About American Real Estate In 2009

While many Asian markets and world cities do place highly, foreign investors still see US as good investment potential.

The Association of Foreign Investors In Real Estate (AFIRE) released a survey with some interesting information:

· Foreign Investors are more confident about real estate and expect to buy far more real estate in the United States in 2009 than in 2008

· Foreign lenders expect to do 58% more lending here in the USA this year

· Foreign equities investors expect to increase their investment activities by 73% in the United States this year - nearly double the expected increase worldwide

The organization ranked the top world cities in terms of foreign commercial real estate investments. The survey, which is conducted yearly, was the first time that two US cities took the top two spots.

This information shows that the US does provide more stable and secure real estate investments than other countries, even with the recent problems, according to economists and investors. This is in despite of the growing tension with the credit crunch and economic slowdown in the US.

Over half of the members of AFIRE cited the United States as being the most stable investment climate in the world, a marked improvement over last year.

Here’s a little info about The Association of Foreign Investors In Real Estate - AFIRE has only about 200 members, making it a small association by any standard. But as a group, these people own $371 BILLION in American real estate and about $1 TRILLION globally.

These are serious players, it appears. And they are very bullish on the US real estate market in 2009.

When rated as the most stable and secure countries for real estate investments, the United States was number one with 56 per cent of the vote, followed by Germany with 11 per cent, the UK with 8.8 per cent, Australia with 8.8 per cent and Japan with 5.3 per cent.

In US cities, the top five included New York, Washington DC, Los Angeles, San Francisco and Seattle.

What do you think? How do you expect the market to play out during the course of this year?

To your investing success!