U.S. is the real-estate boss. Still!

The drastic effects of worldwide recession have affected the whole of the United States of America and the condition of the real estate is not only disappointingly unsuccessful but also aghast. What can be the appeal of any concerned nation to the global market in this scenario? It is bound to be next to trifle, if not more. Many cherished hopes that the United States of America would also have the taste of the same gloomy situation. However, according to the latest appraisal of the Association of Foreign Investors in Real Estate (AFIRE), the state of affairs is quite the opposite.

The in-depth study of AFIRE has brought to the fore that US has a strong appeal to the global investors still (may be owing to its sturdy economic foundation of centuries) and they consider that it has the most enticing real estate investment potential throughout the world. It should be noted that the study was conducted among AFIRE’s membership and this was the standpoint of the majority. What’s more, 37 percent of those surveyed termed U.S. as the nation that does possess “the best opportunity for capital appreciation.”

There have been more startling revelations. It was found that more than half of members consider that U.S. has the sole competency to render “the most stable and secure real estate investments” and the other prominent European countries like Germany and Switzerland were way behind. If your are a resident of U.S., it may be unbelievable to you but it’s a reality that five cities from the soil of United States did feature in the list of top ten most attractive cities for global real estate investors. This included DC, New York, San Francisco, Los Angeles, and Houston. Don’t you consider this as remarkable?

It is without a doubt and the same jubilation or exultation was found in the press release that quoted the CEO of AFIRE, James A. Fetgatter. It was stated, “Our investor members have expressed a growing confidence and interest in U.S. real estate.” “Their investment plans for 2009 for the U.S. resemble the flight to quality that is creating the demand for U.S. Treasuries.”