The real estate market is always changing, so it’s important to stay up-to-date on the latest news and opinions. In this article, we’ll take a look at what investors are saying about the real estate market right now.
The Real Estate Market is Rising
There is no doubt that the real estate market is on the rise. According to a report by Realtor.com, apartment prices in major metropolitan areas are increasing at a rate of 6.5% nationwide. This increase has been especially pronounced in the luxury segment, where prices are soaring by 12%. Investors are also noticing the positive trend in the real estate market. In a recent survey by Investing.com, 71% of respondents said they believe the market will continue to rise over the next year or two. This high level of confidence is likely due to several factors, including strong economic growth and low interest rates. While there is no guarantee that the real estate market will continue to rise, investors should take advantage of this positive trend and invest in properties now. If you wait, you may miss out on some of the best opportunities available.
Investment Property is Becoming More Popular
Investment property is becoming more popular as the market continues to rebound. According to The Real-Estate Journal, the number of deals in the residential market increased by 5 percent from January to February, compared to the same period last year. The median price of a home sold during this time frame was $260,000, which is up from $250,000 in January and $220,000 in February 2016. “It looks like there are more buyers looking for quality properties that are currently available in select markets across the country,” said Cameron Kusher, president of Kusher Properties Inc., a real estate market brokerage firm in Charlotte, North Carolina. “The uptick in activity is likely due to several factors such as low interest rates and increasing wages.” Investment properties can be a great way for investors to get exposure to a particular area or market without having to commit to buying a property outright. They also offer potential tenants stability and affordability, since rent can be relatively low when compared with other types of property. According to The Real-Estate Journal, increased demand has caused prices to increase faster than inflation for most property types over the past few years.
The Stock Market is up While the Real Estate Market is Down
Investors are saying that the stock market is up while the real estate market is down. This reflects the current state of the economy where people are investing in stocks and other things that are seen as safer than real estate. There is a lot of fear in the air right now, so investors are trying to get out of risky investments and into something that they know will be there in the future. Investor sentiment in the real estate industry was generally positive in 2017, with some noting that it was a good year for the market overall. “It was a good year for the real estate industry,” said one investor. “Sales were up, and prices seem to be stabilizing.” Others agreed, pointing to overall stability in the market and increased demand from buyers. “The market is doing well,” said one investor. “There’s been an uptick in sales and prices are holding steady.”