Where Have All The Investors Gone?
Where have all the residential investors gone? Housing flippers have disappeared and the seller's market is now a buyer's market. Have they just gone away to reappear when the lull is over?
No! The investors have just refocused. . . . . . . they have refocused on commercial real estate. Investment opportunities today are trending upward in pricing and purchase numbers as noted by the National Association of Realtors, which monitors commercial activity through its CLI - Commercial Leading Indicator.
Investors know that their investment here is safe. We have a strong economy despite the declining value of the U.S. dollar overseas.
Where have all the residential investors gone? Housing flippers have disappeared and the seller's market is now a buyer's market. Have they just gone away to reappear when the lull is over?
No! The investors have just refocused. . . . . . . they have refocused on commercial real estate. Investment opportunities today are trending upward in pricing and purchase numbers as noted by the National Association of Realtors, which monitors commercial activity through its CLI - Commercial Leading Indicator.
Investors know that their investment here is safe. We have a strong economy despite the declining value of the U.S. dollar overseas.
- Bank of America Plaza in Atlanta recently sold for $435 million, almost $348 a square foot
- New York City 28 Park Avenue recently sold for $1.2 billion, about $1,000 a square foot, to a Dubai based firm, Istithmar PJSC
Australian and German companies and individuals are scooping up commercial properties for refurbishing or conversion to suburban medical facilities.
The prediction is that this trend will continue for at least the next year.
posted by Helene Ashukian at
9:10 PM
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