Overseas Investors Plunge into the US Housing Market as a Coronavirus safe Haven

Overseas Investors Plunge into the US Housing Market as a Coronavirus safe Haven
In the past few weeks Global Investments Incorporated has seen huge traffic on their website and a large increase in enquires for US buy to let properties. The majority of enquiries are coming from areas like Dubai, Singapore and the UK. Many investors from France as well. So mainly overseas and not domestic US Buyers. The Manchester based firm believe that the increase in traffic and enquiries is down to the overseas buyers looking to invest Capital into what is perceived to be a more stable market that is not having much effect from then virus.
Investors from all of the Globe are looking for the calm in the Coronavirus storm, and it seems that US residential real estate could be the answer. Specifically single and multi family homes that are under good management.
Global Investments Incorporated have been selling single and multi family homes in areas like Detroit, Cleveland, St Louis and Up state NY for the past 8 years. They also offer management and accountancy services so its a real hands off investment for the buyer. In the past few weeks the company has seen a massive increase in enquiries. CEO Mike Moodie said that that he feels this is a direct result of the coronavirus.
“ I think it may be people looking to invest capital into what maybe perceived as more stable areas that don’t have as much as an affect like the stock market currently.“  Mike added “ I think people are looking at bricks and mortar as a hard and more safe asset to buy right now. Real estate in general is not directly related to the stock market. Also in general the US housing market has always tended to do quite well in times of market volatility. “
“ And it’s not just buyers from the likes of Asia etc. We have seen an increase in traffic and enquiries from areas like the UK, France and also some parts of the US and South America.” 
Global Investments are currently selling houses mainly in Cleveland Ohio, Detroit and St Louis. For further information please email Mike or any of the team at Global at invest@globalinvestmentsincorportaed.com

Related posts

  • News

Section 8, A Buyers Guide

History of Section 8 Public housing dates back to the Great Depression era when the U.S....

Continue reading
by global-john
  • News

Rental property investment could be the safer option in today’s struggling stock market

With COVID-19 causing unrest and uncertainty across the globe, investors could benefit from a...

Continue reading
by global-john
  • News

HOW CAN I GET THE BEST FX RATES FOR MY PROPERTY PURCHASE

With the current volatility in the stock and FX markets and in times of uncertainty it's vital to...

Continue reading
by global-john

THE USA BUYING PROCESS