Now is the Right Time to Invest in Real Estate

By
Title Insurance with Riverside Abstract

Now is the right time to invest in real estate, and the NYC example is the best proof of that, suggest experts from the title insurance agency, Riverside Abstract. The project developers still haven’t received their building permit, and they have already sold more than 50 percent of apartments. Even before the Tax Administration processed all the data on the complete deal, connoisseurs declared 2018 as the year of upheaval in the American real estate market. According to available data, the perennial crisis is finally overcome, but a final confirmation should arrive this year, maintaining, if not strengthening of the positive trend.

 

"In 2017 there was an increase in the index of the volume of construction works by 2.9 percent compared to 2016, the first increase in construction activity since the crisis in 2008", said one of the Riverside Abstract real estate experts in his commentary for financial institutions, business information and economic analysis of the American Chamber of Economy.

 

This trend is a result of the construction activities on buildings, which grew by 8.9 percent, while the volume of work on other buildings decreased by 2.3 percent in 2017. It is important to mention that after several years of decline, since the beginning of 2016 there has been an increase in residential property prices. According to Riverside experts, this data, which can be also found on Medium, suggests that the gradual entry into the new building cycle of the real estate market has been stabilized. This conclusion is supported by data on building permits issued for the construction of new residential buildings. In fact, in 2017 there were 29.2 percent more building permits for construction of new residential buildings compared to the year before, while the number of building permits for housing increased by 35.2 percent.


From Riverside Abstract stres out that this movement will most likely affect the supply of residential real estate in the coming period, and depending on changes in demand, affect pricing in the overall real estate market.

 

If you are familiar with New York City’s market, the largest and most dynamic one in the United States, than you probably know that the past several years were marked by tens of thousands of unsold apartments in new building, which normally raises the question whether housing construction actually came to life in other parts of America, or is it only in the big apple. Also, if you don't have enough capital to buy a property, you might start concidering investing in REITs.

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Rainer
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Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Its a great time to invest in Midwest any time.

Dec 25, 2018 06:37 AM #1
Rainer
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Sara Wagner
Woodland Management Service - Adams, WI
The Forestland Experts!

Welcome to ActiveRain, I hope that your participation here helps your business to grow.
Btw, I followed your blog, and would be honored if you followed mine.
Thank You!

Dec 25, 2018 07:05 PM #2
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Riverside Abstract welcome to ActiveRain, and congratulations on successfully posting your first blog on this site.

Dec 26, 2018 07:02 PM #3
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Welcome to the ActiveRain community. Congratulations on your first post.

Dec 26, 2018 08:22 PM #4
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Welcome to ActiveRain Riverside Abstract. I am sure we will all benefit from your knowledge and perspective of our industry!

Dec 27, 2018 12:29 PM #5
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Welcome to the Rain!  

Congratulations on your first blog post. All the best with your online marketing and networking. 

Dec 28, 2018 01:35 AM #6
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Welcome to active rain. Good luck in achieving your goals on active rain 

Dec 29, 2018 04:42 AM #7
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Welcome to ActiveRain. This is a great place to learn about real estate and get support for you as an agent or broker. 

 

Make sure to become a Rainmaker if you are not one yet because that is how you will get a strong link back to your website. 

 

The public, consumers consisting of buyers and sellers of real estate will only see your posts if you have a Rainmaker account. 

 

I wish you luck on your online journey of marketing!

Jan 05, 2019 08:54 AM #8
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.
Bob

Jan 28, 2019 07:07 PM #9
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