ORLANDO, Fla. - U.S. real estate investors foresee an improved housing market in 2011 that could contribute to the expected economy recovery.
Longtime real estate investment analyst George Livingston, chairman emeritus of NAI Realvest in Maitland, said the newest EcoTrends report from the Institute for Trend Research points out that with the housing decline near its end, real estate investors are likely to jump back into the market in increasing numbers.
“Stock prices are way up, U.S. money supply is rising sharply, the Purchasing Manager’s Index is in an uptrend and residential and commercial mortgage interest rates are still low,” Livingston said.
“All those indicators point to real estate as an increasingly important investment asset, so we will likely see some significant growth in residential and commercial real estate values,” Livingston explained.
“The risk is that interest rates and perhaps inflation are likely to be higher in 2011,” Livingston added. “Real estate is of course a good asset to hold in times of inflation.”
For more information, contact:
George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com
Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com
About NAI Realvest:
NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit http://www.nairealvest.com/.
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