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Property appreciation 'most likely to occur in the US'

Article Date : 21 January 2010       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Property appreciation 'most likely to occur in the US'

The US property market provides the best opportunity for price appreciation to its investors, according to a new survey.

The Association of Foreign Investors in Real Estate (AFIRE) released the findings after questioning its members and reported that just over half believed the US market would increase its value.

James Fetgatter, AFIRE chief executive, commented on the results saying: "The financial crisis of the past year has obviously affected investors' perceptions of US real estate as stable and secure.

"However, it is also apparent that opportunity lies within this instability since the US, along with the UK, show substantially higher scoring for expected capital appreciation."

The US was also voted to be the most stable and secure real estate environment to invest in.

Those looking to invest in the US may be interested to hear that foreclosures in the country have reached a record high and individuals may be able to pick up a bargain property.

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