The U.S. sub-prime housing market crash is rolling into its third year seemingly unabated, and several prominent economists have gone on record to say that the U.S. economy is already in recession. But in the midst of all that doom and gloom, The World Economic Forum has put America in no1 spot for the fifth year running in its annual economic competitiveness chart. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
Economic competitiveness is the holy grail of anyone involved in financial or big business circles, to quote Forbes' Jack Gage: "Businesses want it, politicians promise to increase it, and governments sign trade deals to get it".
This is the good news that the American Republican party has been hoping for in the run up to the Presidential election, and with voter concerns having recently swayed from the Iraq war to the failing economy in a very rapid and big way.
The WEF rankings are based on the following factors: institutions, infrastructure, macro economy, health and primary education, higher education and training, goods-market efficiency, financial-market sophistication, technological readiness, market size, business sophistication, and innovation.
The U.S. stayed in first place even as Britain dropped from 2nd to ninth, in part because only 6% of its workforce is susceptible to the "ongoing purge in the financial sector"; the possibility of adding a fraction of 6% unemployment means American's in employment should be well placed to keep the American economy afloat.
That is also good news for those awaiting the recovery of the sub-prime American housing market --widely believed to begin this year --, including UK based overseas property agent David Stanley Redfern, head of international research for the property investment specialist said:
"With only 6% of the American workforce is employed in the risky financial sector, and it being absolutely impossible that all of those people will lose their jobs, then the fraction of additional unemployment still leaves plenty of people to buy houses, which is good news for us having just taken on another Los Angeles condominium development."
Liam was referring to the Downtown Los Angeles Designer Boutique Lofts, ideally placed between the new Broadway and its host of new theatres restaurants and bars, and the fashion district, the L.A. hub of all things fashion and design. This is an exciting property, in an exciting area and at an exciting price, with apartments available from as little as £180,000.
Find out more about American property and buying property in America.
© 2009 Footprints-SEO.com
U.S. Property Boosted by Reasons for Economic Competitiveness
The Year the American Property Market Bounces Back
The Weis Group, a Wall Street Fund, and specialists in buying distressed real estate, raised further recently growing hopes that 2008 could be the year that American property prices bottom out and begin recovering. Last week The Weis Group told U.K. newspaper, The Times that it was in talks with some of America's big banks, about spending its 1billion dollar investment fund on purchasing hundreds of properties that had been reclaimed by the banks, with a view to selling in 3-5 years. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
Many analysts have already put their money where their mouth is and stated that they believe 2008 will be the year of the U.S. recovery, a massive property investment specialist like Weis Group confirming their research will make their statements a virtual reality in the eyes of international property investors.
Liam Bailey, head of international research for David Stanley Redfern Ltd gave us his thoughts on American property.
"I have been saying for some time of the great irony: that the buying frenzy triggered by the U.S. subprime crash, as the combination weak dollar and falling property prices had people from the U.K. and around the world taking the opportunity to get their dream home/investment property in the states at a bargain price, might actually start a recovery in the American property market, and it seems I may not have been too far wrong."
David Stanley Redfern Ltd took on American property just last year, on that very belief, that the American property market had fallen almost as far as it was likely to, and the beginnings of a recovery were just around the corner. DSR's client's who have invested in the American property, could in 3-5 years, it seems, be very glad they did.
Managing Director of the overseas property specialist, David Redfern had this to say:
"It is always nice when you make a move that some people may quietly think is risky, and some of your competitors may even have a sly snigger, and it proves to be massively successful move for both you and your clients. As our research department said a few months back, and has maintained fervently ever since, 2008 looks like being the year the U.S. recovery will begin, but there still looks like being a little time for investors to get in on the low priced action."
Find out more about American Property and buying property in America.
© 2009 Footprints-SEO.com
David Stanley Redfern's New U.S. Property
David Stanley Redfern Ltd have just added a new U.S. property to their port-folio. The Solair development is on the world famous corner of Wilshire Boulevard Los Angeles California. Some might think it is strange that DSR would be adding U.S. property to their books amid fear of a U.S. recession. Head of International Research for the overseas property specialist, Liam Bailey explained why they have taken the bold move. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
"The current U.S. "credit crunch" and fears of a U.S. recession, has seen the U.S. Dollar's value plummet against the pound, that combined with the U.S. housing market "correction"; a code-word for the sharp halt in price rises followed by a similarly sharp downturn in the sub-prime market means that U.K. buyers now have excellent buying power in the States."
"They are getting far more dollars for their pounds, and far more property for their dollars." Liam continued: "On top of that the U.S. is, and but for a massive recession will remain one of the top tourism destinations in the world, L.A. and California as a whole, including Hollywood being among the most popular destinations in the U.S. The number of Brits seeing the current U.S. economic problems as an opportunity to get a bargain on a holiday home in the states, makes having a property there on our books a shrewd move indeed."
The U.S' current popularity with British buyers was displayed by the country climbing to number four on a Place in the Sun's top twenty, after surveying potential investors at their massive Birmingham road-show earlier this year.
The 22 storey Solair tower "introduces a new concept in high-rise living", with a private, seventh-floor 2/3 acre resort-style amenity deck, similar to those found on cruise liners: a high rise apartment complex with, resident herb gardens, outdoor fire-pits, indoor/outdoor lounge, a fitness room, yoga room, swimming pool, spa and a resident's club. There will also be an exclusive business centre and conference room for residents in the second floor lobby.
The spectacular glass walled tower rises above an expansive two-story retail section and parking facility. The Solair tower will become an architectural beacon in Koreatown's skyline and a building that will be recognized for decades into the future. All in one of the world's top tourism destinations. People are flocking to buy up bargain real estate in America. Owning a holiday home within day-trip distance of Holywood, Los Angeles's world-famous a-lister retail outlets, and California's other world famous attractions can't be bad.
Find out more about property America and buying property in America.
© 2009 Footprints-SEO.com
David Stanley Redfern's New U.S. Property
David Stanley Redfern Ltd have just added a new U.S. property to their port-folio. The Solair development is on the world famous corner of Wilshire Boulevard Los Angeles California. Some might think it is strange that DSR would be adding U.S. property to their books amid fear of a U.S. recession. Head of International Research for the overseas property specialist, Liam Bailey explained why they have taken the bold move. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
"The current U.S. "credit crunch" and fears of a U.S. recession, has seen the U.S. Dollar's value plummet against the pound, that combined with the U.S. housing market "correction"; a code-word for the sharp halt in price rises followed by a similarly sharp downturn in the sub-prime market means that U.K. buyers now have excellent buying power in the States."
"They are getting far more dollars for their pounds, and far more property for their dollars." Liam continued: "On top of that the U.S. is, and but for a massive recession will remain one of the top tourism destinations in the world, L.A. and California as a whole, including Hollywood being among the most popular destinations in the U.S. The number of Brits seeing the current U.S. economic problems as an opportunity to get a bargain on a holiday home in the states, makes having a property there on our books a shrewd move indeed."
The U.S' current popularity with British buyers was displayed by the country climbing to number four on a Place in the Sun's top twenty, after surveying potential investors at their massive Birmingham road-show earlier this year.
The 22 storey Solair tower "introduces a new concept in high-rise living", with a private, seventh-floor 2/3 acre resort-style amenity deck, similar to those found on cruise liners: a high rise apartment complex with, resident herb gardens, outdoor fire-pits, indoor/outdoor lounge, a fitness room, yoga room, swimming pool, spa and a resident's club. There will also be an exclusive business centre and conference room for residents in the second floor lobby.
The spectacular glass walled tower rises above an expansive two-story retail section and parking facility. The Solair tower will become an architectural beacon in Koreatown's skyline and a building that will be recognized for decades into the future. All in one of the world's top tourism destinations. People are flocking to buy up bargain real estate in America. Owning a holiday home within day-trip distance of Holywood, Los Angeles's world-famous a-lister retail outlets, and California's other world famous attractions can't be bad.
Find out more about property America and buying property in America.
© 2009 Footprints-SEO.com
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