Dimsofor Consulting LLC viewpoint on real estate investments pros and cons. Stability makes real estate a fair option on a long run.
Real estate is a form of real property, which includes the land along with any permanent improvements attached to the land, whether natural or man-made-including water, trees, minerals, buildings, homes, fences, and bridges. The are few main types of real estate: land, residential, commercial and industrial. Each of them has an exceptional purpose and advantages.
Real estate is also mentioned as a producing, buying and selling real estate. It’s one of the most fundamental engines of economic growth thus real estate has a great impact on the U.S. economy. For example, in 2018 real estate construction contributed $1.15 trillion to the nation’s economic output.
Many Americans are worried about a real estate market crash. They are concerned about the impact of the coronavirus pandemic on housing prices. Nonetheless, despite COVID-19 pandemic, U.S. housing market seethes. As of October 2020 new home sales were 43.2% up on the year. U.S. homebuilder sentiment is at its highest for 35 years.
The S&P/Case-Shiller seasonally-adjusted national home price index rose by 4.29% during the year (3.62% inflation-adjusted) –up from the previous year’s 3.25% growth. Housing prices continue to rise.
You should keep in mind that the housing market isn’t subject to as much of the same volatility as the stock market. You don’t have the same earning potential but you can count on a steady incline most of the time.
Dimsofor Consulting LLC will share an up-to-date overview of the real estate investment market containing the supply and demand and current projects. We can ensure the variety of options given depending on your needs and goals.
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