In­vestors buy­ing in the USA

Yorkshire Post - Property - - PROPERTY -

THERE has been a rise in the num­ber of Bri­tons buy­ing homes across the USA re­cently with many look­ing to take ad­van­tage of im­prov­ing mar­ket con­di­tions in­clud­ing ris­ing rents and sta­ble prop­erty prices, ac­cord­ing to lat­est data from Right­move Overseas.

“USA was the big win­ner with low priced in­vest­ment op­por­tu­ni­ties like the pre­tenanted apart­ments in Florida at­tract­ing a new gen­er­a­tion of in­vestors from the UK,” says Shameem Go­lamy, head of Right­move Overseas.

He added: “New York in par­tic­u­lar saw a large in­crease in searches which can be at­trib­uted to in­creased ad­ver­tiser ac­tiv­ity, but will also no doubt be fu­elled by the well-pub­li­cised Hur­ri­cane Sandy and the US elec­tion.”

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