HomeVestors Knows How Valuable Commercial Property Will Be In 2013

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Investors should consider investing in commercial property in 2013, specifically in cities that are expected to increase in population.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that there have been bits and pieces of information that have been surfacing lately, suggesting that the housing market may finally be on the verge of a turn around. When it comes to specific subsets of the market, the most promising sector includes the commercial real estate sector. As predicted by PwC US and Urban Land Institute’s Emerging Trends in Real Estate Forecast for 2013, we shall continue to experience slight gains in commercial real estate with respect to leasing, rents and pricing. This prediction is based on a report compiled from interviewing close to a thousand experts in the business.

The same report reveals that retail, office and industrial real estate will all be expected to experience slight increases in occupancy as the jobless rate continues to dwindle. This will also be encouraged by the fact that fewer new construction projects are taking place.

Investors seeking to capitalize on these forecasts for 2013, should zoom their attention on these ten promising cities or regions, where the prospects of a commercial real estate boom are expected to be felt; San Francisco, New York City, San Jose, Boston, Houston, Seattle, Austin, Denver, Orange County, California and Dallas Ft. Worth.

In San Francisco, Silicon Valley continues to boom and to drive the city’s job outlook in a forward direction. In addition, the sophisticated mass transit system that has been developed as well as the accompanying pedestrian friendliness of the streets, present great investment incentives.

Next on the scale of importance is New York City, which looks promising with its’ growing healthcare and education industries, as well as its’ booming population rate. San Jose’s proximity to San Francisco, the world’s tech capital, has enabled it to experience an upsurge of its’ own technology industry, boasting 6,600 tech companies that employ 225,000 people. This represents a good quarter of the city’s entire population.

Austin, another city with a booming millennial population that will largely contribute to its 2.3% projected population increase in 2013, is expected to be the next most promising area for commercial property investing. The oil town of Houston continues to be a commercial hub and thanks to that, takes the number five spot on the list.

All over the nation, are similar stories of promising population, job, and income growth booms, all necessary ingredients for a thriving commercial real estate for the year ahead. Investors may consider putting some of their funds into commercial real estate, with all its promises for 2013.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.

Leave a Reply

You need to enable GD extension in order to use Simple CAPTCHA.