Looking to invest in the USA real estate market but wondering how it stacks up against your own local market outside the USA? This interactive graph was found on The Economist website which allows viewers to adjust the time period and the type of variables which the graphs measure. See the full graph here.
Based on those graphs, one of the most apparent characteristics for me is that the US market seems like it is on a clear upward trend but still off the 2007 peak. Surprisingly, it looks as if many Asian markets have yet to recover to the 1996 peaks they fell from.
Some industry experts see USA real estate prices appreciating in the 11-14% range, as seen from the article here. For the coastal Orange County areas, I am anticipating growth more in the 5% range for the reason being that many cities in coastal Orange Counties had tremendous price rise in 2012, to the point which we are approaching affordability limits for average buyer. For example, in 2012, real estate price in San Clemente and Dana Point rose between 22-24%. Increasing interests rates and adjustments to loan standards, will, in my opinion, moderate growth levels in 2014.
