2014 Is Predicted to be a Good Year for Real Estate Investment
April 29, 2014
Investing in real estate is something many people are afraid to do. After all, the real estate market can be volatile and with the economy still in flux, even if it is recovering, it still makes many people uneasy to think about. However, 2014 is going to be a good year for real estate investment and there are several key factors that make this a good time to invest in commercial real estate in the south Florida area.
- In 2013, US commercial property values rose 8% over the course of the year. That trend is expected to continue as the nation recovers from the lowest prices in recent memory circa 2009.
- Home prices are up 20% percent since 2012. Thatb s a big sign that the economy is doing better, and that more people are working as business are investing in personnel and expanding within the US.
- According to the S&P Index, many people with wealth over one-million dollars are moving money out of traditional investments and putting it into real estate. Thatb s a good sign of a rising trend in the real estate sector.
Contact us at Morris Southeast for more information about South Florida commercial real estate.