The British Pound (GBP) versus The United States Dollar (USD) is a historic currency benchmark. When the pound rates are soaring, it is the right time for British real estate investors to profit out of the situation. UK investors are encouraged to make good of the situation through the improved return rates by acquiring real estate in the United States. If you bet on the USD to bounce back to historic levels, you will reap the rewards.

The pound has been maintaining an average around 2 compared to the USD in recent years. Iit has even managed to soar to a high of 2.070. The various financial dilemmas in the domestic market have led to the downward spiral of the US dollar. The crisis in the housing market sector added momentum to the weakening of the dollar. Apart from this, the interest rate cut by Federal Reserve Bank has led to a 1% differential in the interest rate in favor of the pound. Even with the fluctuations, the exchange rate has remained around 2 thus assuring the possibility of the dollar returning to its ten year average position. This makes it a gainful and lucrative move to invest in US real estate now.

GBP/USD

If you are a investor with assets in British Pounds, it is a good idea to buy real estate when values are soft and the dollar is weak. Now is a good time to convert your cash in pounds to US real estate. The risk of lose in real estate can be avoided if you invest carefully and that too in areas where the real estate value has retailed it’s stability in recent years. There are places like Texas in the U.S. where the prices had remained steady through the period of exponential growth and during the present period of credit dilemmas.

US Dollar continues to struggleThe recent trouble in the housing market has led to the plummeting of prices in many of the high value areas. Many home buyers were unable to obtain a loan or refinance their existing home due to the credit crisis. Austin and other areas of Texas have handled the situation remarkably well. These areas have withstood the fall in prices that have affected the real estate industry elsewhere in the U.S. Even when the surrounding areas including Florida and California were showing exponential growth in land prices, values in Texas grew at a placid rate which was based more on reality.

The Texas real estate market is sure to retain it’s credibility in the end thus making it a safe option for the investors looking for upward potential.

The British Pound has a market supremacy over the Dollar at present. Therefore, it is a good idea to reap the maximum of the leaking Dollar. Even if the property value does not register any appreciation, UK investments in the US real estate market can see great profits when the dollar rebounces to better heights. The time is ripe to invest in the real estate in Texas, a state that has proven itself a safe haven for the UK real estate investor. Wise and well-planned investments in US real estate can go a long way in reaping double-digit profits. So when the dollar bleeds, do not hesitate, make good of the opportunity and invest in the Texas real estate market.

 

2 Comments on Investment Opportunities in US

JUN
14
2008

Ronnie,

Great information posted here,  I have gained some key information on our market place thanks to this posting.  Also wanted to comment about the name of your real estate company Austin Referral  Realty,  This is a awsome name for a real estate office to tag on.  Great thinking as I belive that the most sucessful agents NETWORK daily to gain more of an influence with our cleints and peers.

Please keep me in mind when you think of the New Braunfels area... we pay an awesome 6% referral fee..

 

Have a great selling week ahead..

Matt Pierce

 

Matt Pierce
11:24pm • #1
JUN
29
2008

It's truly a good post. As a <a href="http//:ellidavis.com">Toronto real estate agent</a> I think that US property is the thing to invest right now. It has become afordable, not only for UK investors, but also for the whole EU. But I think that it will be not only people from Europe who grow interested in investing in the US market. I think that investors from China and Japan are buying the lot, too. We can only guess where this takes us. But maybe things will change by 180 degrees after there is a new president.

Toronto real estate agent
7:26am • #2

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Ronnie Bredahl

Austin, TX

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Austin Referral Realty

Address: 4802 Woodside Drive, Austin, TX, 78735

Office Phone: (512) 785-9050

Cell Phone: (512) 785-9050

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Information about Austin real estate and advice for real estate professionals. Presented by Ronnie Bredahl, Austin Realtor and broker of Austin Referral Realty, Inc.


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