U.S. Real Estate Market

The U.S. real estate market is seeing a surge in foreign buyers, as reported by The Wall Street Journal. The COVID-19 pandemic had caused a lull in overseas investments, but now buyers are back and actively purchasing expensive homes, keeping realtors happy.

One reason for this trend is the socio-political issues and crises in other countries. Brazil, for instance, saw a rise in buyers even before the attempted coup in the name of Jair Bolsonaro. Europeans are also seeking a fresh start in the U.S. due to the Russian-Ukrainian War and food and energy crises elsewhere. Meanwhile, China’s zero Covid policy had restricted Chinese nationals’ travel and barred them from the real estate market, but the lifting of restrictions has sparked interest once again.

It is worth noting that these buyers are not the typical immigrants looking for a better life. Rather, they are wealthy individuals already looking to add to their real estate portfolios before the pandemic, and the current global climate is only fanning the flames of their desire.

According to The Wall Street Journal, Mark Wahlberg recently sold his Los Angeles mansion to a Chinese billionaire for $55 million, a considerable drop from the original asking price of $87.5 million. In addition, foreign buyers are also showing interest in New York City properties, which are comparatively cheaper than other global cities.

The Corcoran Group reports that the number of foreign visitors to their properties increased by 25% in January 2023 compared to the previous month, with Chinese and Middle Eastern buyers leading the way. This interest is partly due to the relatively weak U.S. dollar compared to the previous year, as investors speculate that the currency may experience a multi-year decline as Federal Reserve rate hikes slow.

In conclusion, investing in the U.S. real estate market can be a lucrative opportunity for foreign buyers. By considering the local real estate market conditions, regulatory environment, property type, and intended use, foreign buyers can make informed investment decisions. However, it’s essential to do thorough research and seek professional advice to ensure a successful and profitable investment. Don’t miss out on the chance to invest in one of the top real estate markets in the world!

To learn more, contact us at [email protected] or schedule a call with a U.S. mortgage expert at www.calendly.com/u-s-mortgages to get started today. 

Visit www.americamortgages.com for additional information or to contact us via email. 

If you’re looking for international mortgage loans around the world, including in the U.K., Australia, Canada, France, Portugal, Spain, Italy, Singapore, Hong Kong, Japan, Thailand, Philippines, Dubai, and other locations, check out our parent company, Global Mortgage Group (GMG), at www.gmg.asia

US Mortgage for Non-residents

Texas has become one of the hottest real estate markets to invest in globally due to a number of factors that have contributed to its rapid growth and success. Here’s a closer look at why Texas is the hottest real estate market to invest in globally.

Firstly, Texas has a booming economy, which is one of the strongest in the United States. The state’s economy is diverse and well-balanced, with a range of industries, including technology, energy, healthcare, and finance. This diversity has provided a stable and resilient economy, which is attractive to investors looking for stable returns on their investments.

Secondly, Texas has a low tax environment, which has made it a very attractive location for businesses and individuals looking to invest. The state has no income tax, which means that people can keep more of their money, and this has contributed to its high standard of living. In addition, Texas has a relatively low cost of living compared to other major cities in the United States, which makes it an attractive location for people to move to and invest in.

Thirdly, Texas has a growing population, which has contributed to the state’s success. Over 1,000 people move to Texas every day, and this growth is due to factors such as job opportunities, affordable cost of living, and a business-friendly environment. This population growth provides a vast customer base for investors, ensuring that there is a constant demand for goods and services.

Fourthly, the real estate market in Texas is thriving, with prices increasing steadily over the years. The state’s major cities, including Austin, Houston, and Dallas, have seen significant growth in the real estate market, making it an attractive location for investors looking to purchase property. This trend is expected to continue, making Texas an excellent investment opportunity for anyone looking to make a profit.

Finally, Texas has a well-established infrastructure, which supports business growth and development. The state has major airports, highways, and ports that are essential for businesses to operate efficiently. This infrastructure has attracted a range of industries to Texas, contributing to the state’s economic success.

In conclusion, Texas is the hottest real estate market to invest in globally due to a combination of factors, including a booming economy, low tax environment, growing population, thriving real estate market, and well-established infrastructure. These factors have created a business-friendly environment that has attracted investors from around the world, and Texas is now one of the fastest-growing states in the United States. Investing in Texas real estate is a wise decision for anyone looking to see a profitable return on their investment.

At America Mortgages, we are committed to helping investors take advantage of the thriving real estate market in Texas. With our expertise and connections in the U.S. real estate market, we can provide tailored mortgage solutions for non-resident investors and expats who are interested in investing in Texas real estate. Our loan officers are dedicated to guiding you through the entire process, from application to closing, to ensure a smooth and successful investment journey. Contact us today at [email protected]  to learn more about how we can help you invest in the hottest real estate market globally.

Join us from March 14-19 to view our selection of single-family homes for sale near Dallas, Texas. With prices starting at $390,000, these homes are an excellent investment for those looking to begin their portfolio.They are even more attractive when you take advantage of our 75% financing and property management services. Click here to sign up or learn more.

Speak with a U.S. mortgage expert now by scheduling a call at www.calendly.com/u-s-mortgages. Start your journey today!

For more details, visit us at www.americamortgages.com or email us at [email protected].

Looking for international mortgage loans globally, including the U.K., Australia, Canada, France, Portugal, Spain, Italy, Singapore, Hong Kong, Japan, Thailand, Philippines, Dubai, and other locations? Visit our parent company Global Mortgage Group (GMG), at www.gmg.asia.

Booming Real Estate Market

Investing in real estate in Texas is becoming an increasingly popular option for those looking to maximize their investment potential. The Lone Star State’s booming real estate market has attracted investors from around the world, and for good reason. Here’s a closer look at why Texas is such an attractive destination for real estate investment.

One of the main reasons why Texas is so attractive for real estate investment is its growing population. Texas is one of the fastest-growing states in the country, with an estimate of over 1,000 people moving to the state every day. This growth is due to a combination of factors, including job opportunities, affordable cost of living, and a business-friendly environment. As the population continues to grow, demand for housing and commercial real estate will also increase, making real estate investment a profitable option.

Another reason why Texas is a great destination for real estate investment is its strong and diverse economy. Texas is home to a range of industries, including energy, technology, healthcare, and finance, which provide a stable and resilient economy. This economic stability translates to a stable real estate market, making it an attractive option for investors.

Furthermore, Texas has a reputation for being business-friendly, with low taxes and favorable policies that attract investors from around the world. The state’s government has streamlined regulations, making it easier for businesses to operate and grow. Additionally, Texas has a strong infrastructure, including major airports, highways, and ports, which support business growth and development.

The real estate market in Texas is also attractive due to the low cost of living compared to other major cities in the United States. This low cost of living means that real estate prices are more affordable, making it easier for investors to purchase property and see a profitable return on their investment.

Lastly, the real estate market in Texas is characterized by steady and consistent growth. Property values in major cities like Austin, Houston, and Dallas have been increasing steadily over the years, and this trend is expected to continue. Real estate investment in these cities can lead to an increase in property value and rental income, making it an attractive option for investors.

In conclusion, the booming real estate market in Texas makes it an attractive destination for investors looking to maximize their investment potential. With a growing population, strong and diverse economy, business-friendly environment, low cost of living, and steady growth, investing in Texas real estate is a wise decision for anyone looking to see a profitable return on their investment.

America Mortgages provides expertise in finding the best financing options and valuable insights into the local market to help investors make informed decisions and maximise their returns. Contact us at [email protected] to find out more.

From March 14-19, we will be showcasing single-family homes near Dallas, Texas, for sale. Starting at $390,000, these are great starter homes for those looking to build their investment portfolio. They are even more attractive when you take advantage of our 75% financing and property management services. Click here to sign up or learn more.

Speak with a U.S. mortgage expert now by scheduling a call at www.calendly.com/u-s-mortgages. Start your journey today!

For more details, visit us at www.americamortgages.com or email us at [email protected].

Looking for international mortgage loans globally, including the U.K., Australia, Canada, France, Portugal, Spain, Italy, Singapore, Hong Kong, Japan, Thailand, Philippines, Dubai, and other locations? Visit our parent company Global Mortgage Group (GMG), at www.gmg.asia.

Investment Destination

If you’re a foreign national or U.S. expat looking for the perfect investment destination, look no further than the Texas Tri of Fort Worth, Dallas and Texas. These locations offer a combination of a strong economy, population growth, and a thriving real estate market that make them an excellent investment opportunity for anyone looking to make a profit.

A key factor that makes these areas a great investment destination is the strong economy. Texas is one of the fastest-growing states in the U.S., with a diverse range of industries such as technology, energy, healthcare, and finance. These industries provide a stable and resilient economy conducive to business growth. Additionally, the state has a reputation for being business-friendly, with low taxes and favorable policies that attract investors worldwide.

Another factor that makes the Texas Tri area an attractive investment destination is population growth. An estimate of over 1,000 people move to Texas every month, and this growth is due to factors such as job opportunities, affordable cost of living, and a business-friendly environment. This population growth provides a vast customer base for investors, ensuring constant demand for goods and services.

Lastly, Texas’s thriving real estate market makes it an excellent investment destination. Property prices in Fort Worth and Dallas have been increasing steadily over the years, and this trend is expected to continue. This trend allows investors to purchase property in areas with high potential for growth, leading to an increase in property value and rental income.

In conclusion, the Texas Tri area of Fort Worth, Dallas, and Texas is the ultimate investment destination. With a strong economy, population growth, and a thriving real estate market, investors can be sure that their investments will yield a profitable return. If you’re looking to invest in an area with high potential for growth, look no further than the Texas Tri area.

At America Mortgages, we offer various mortgage options to help you invest in the Texas Trio. Our experienced team can guide you through the entire mortgage process, ensuring you secure the best possible rates and terms. Whether you’re a first-time investor or an experienced investor, we are here to help you achieve your investment goals. Contact us at [email protected] to find out more.

Speak with a U.S. mortgage expert now by scheduling a call at www.calendly.com/u-s-mortgages. Start your journey today!

For more details, visit us at www.americamortgages.com or email us at [email protected].

Join us from March 14-19 to view our selection of single-family homes for sale near Dallas, Texas. With prices starting at $390,000, these homes are an excellent investment for those looking to begin their portfolio.They are even more attractive when you take advantage of our 75% financing and property management services. Click here to sign up or learn more.

Looking for international mortgage loans globally, including the U.K., Australia, Canada, France, Portugal, Spain, Italy, Singapore, Hong Kong, Japan, Thailand, Philippines, Dubai, and other locations? Visit our parent company Global Mortgage Group (GMG), at www.gmg.asia.

U.S. Housing Prices

1. Lack of investment by homebuilders

According to data from the U.S. Census Bureau, fewer homes were built in the U.S. in the 10 years following the 2008 financial crisis than in any decade since the 1960s.

From 2010 to 2019, a total of 6.8 million new privately-owned housing units were completed in the U.S., significantly lower than the 9.7 million units completed in the 2000s and the 8.6 million units completed in the 1990s.

A major reason for the drop in new housing construction following the 2008 financial crisis was partly due to the housing market crash, which led to a decline in demand for new homes and tighter lending standards (Dodd-Frank).

2. Higher input costs

Additionally, builders faced various challenges during this period, including higher land and labor costs, regulatory hurdles, and a shortage of skilled workers for construction.

These issues are only more pronounced now with higher wages, higher input prices such as lumber, concrete, etc., and of course, financing costs as of last year!

3. Massive lack of housing supply to meet demand

Last year, Freddie Mac published an article, “Housing Supply: A Growing Deficit,” noting as of the fourth quarter of 2020, the U.S. had a housing supply deficit of 3.8 million units.”

Meanwhile, the National Association of Realtors projects that the housing deficit is closer to 6.8 million homes.

Lastly, a report published by the Fed last year, “Volatility in Home Sales and Prices: Supply or Demand?” find that a 30% increase in the monthly number of homes coming onto the market would have been necessary to keep up with the pandemic-era surge in demand​.

4. TikTokers need more space at home

However, there is a new dynamic that has arisen over the past 3 years, which is how labor is defined and its impact on housing. Many workers are now choosing to work from home, and also, the younger entrants into the labor force are now earning income from alternative methods, all requiring some “extra space” at home and not an office to go to (TikTok, Amazon sales, Crypto trading, etc.) – this is all very supportive of housing demand.

5. Stability

The stability of the U.S. housing market cannot be underestimated. Post-COVID, when mortgage rates were lowered to historically low levels, most homeowners took the opportunity to refinance their homes to take advantage of the interest rate savings. Fast forward to today, 50% of all mortgages outstanding are under 4%, fixed for 30 years​; 40% of all homes are owned free and clear, and nearly 100% of all borrowers have mortgages lower than the current rate!

Will we see a crash? NO!

We feel given the structure of the supply-demand landscape, there is no impending crash, but we feel the market will be supported faster than expected.

In summary, whether you say we are 4M units short, 6M units short, or 30% short – we are short, making this a great opportunity to start building your U.S. rental portfolio, given rental income and yields will continue to rise.

Real Estate Investment

Real estate investors, non-residents, and U.S. expats alike are always looking for the next hot spot to invest their money in, and it seems that Fort Worth and Dallas are emerging as the top contenders. These cities offer a unique combination of affordable living, business-friendly policies, and a thriving economy that make them the perfect places to invest in real estate.

One of the key factors that make Fort Worth and Dallas the next hot spots for real estate investment is affordability. The cost of living in these cities is relatively low compared to other metropolitan areas in the United States. The housing market in these areas is also affordable, making it an excellent opportunity for first-time investors or those looking to diversify their portfolio.

Another factor that makes Fort Worth and Dallas attractive to real estate investors is the business-friendly environment. These cities are known for their favourable tax policies and regulations that promote business growth. This environment has attracted many large corporations, including Amazon and Toyota, which have relocated their headquarters to these cities in recent years. This business-friendly climate has also created a wealth of job opportunities, which has led to an influx of people moving to the area, further driving the demand for real estate.

In addition to the affordability and business-friendly environment, Fort Worth and Dallas have a thriving economies. These cities are home to diverse industries, including technology, healthcare, energy, and finance. This diversity has created a stable and resilient economy conducive to business growth. With a strong economy, investors can be sure that their real estate investments will yield a profitable return.

Another reason why Fort Worth and Dallas are the next hot spots for real estate investment is the cultural and recreational opportunities they offer. These cities have a vibrant arts scene, with numerous museums, theaters, and galleries. They are also home to major league sports teams, including the Dallas Cowboys, Dallas Mavericks, and Texas Rangers, which attract sports enthusiasts from around the country. These cultural and recreational opportunities make these cities desirable places to live, further driving the demand for real estate.

Lastly, Fort Worth and Dallas have a thriving real estate market. Property prices in these cities have been increasing steadily over the years, and this trend is expected to continue. This trend allows investors to purchase property in areas with high potential for growth, leading to an increase in property value and rental income.

In conclusion, Fort Worth and Dallas are the next hot spots for real estate investment. These cities offer a unique combination of affordability, business-friendly policies, a thriving economy, and cultural and recreational opportunities that make them desirable places to live. With a thriving real estate market, investors can be sure that their investments will yield a profitable return. If you’re looking to invest in real estate, consider Fort Worth and Dallas as your next investment destination.

At America Mortgages, our mortgage solutions are specifically designed for non-resident investors and expats who are interested in investing in U.S. real estate. We understand the unique needs of international investors and can assist you in navigating the often-complex process of obtaining a mortgage in the U.S., from filling out the application to signing the final paperwork. With our extensive expertise and connections in the U.S. real estate market, we are confident that no other company can compare to our level of service.

From March 14-19, we will be showcasing single-family homes near Dallas, Texas, for sale. Starting at $390,000, these are great starter homes for those looking to build their investment portfolio. They are even more attractive when you take advantage of our 75% financing and property management services. Click here to sign up or learn more.

Contact us at [email protected] to find out more.

Speak with a U.S. mortgage expert now by scheduling a call at www.calendly.com/u-s-mortgages. Start your journey today!

For more details, visit us at www.americamortgages.com or email us at [email protected].

Looking for international mortgage loans globally, including the U.K., Australia, Canada, France, Portugal, Spain, Italy, Singapore, Hong Kong, Japan, Thailand, Philippines, Dubai, and other locations? Visit our parent company Global Mortgage Group (GMG), at www.gmg.asia.

Investment Property in Texas

In this report, we want to highlight why Texas is an attractive state to own an investment property in. 

Many know Texas as the home to many famous sports teams and a popular 80s soap opera.

However, it’s also the state that has been the most gentrified over the past few years and will continue to, in our opinion. Texas has an underappreciated diverse, and robust economy, with numerous industries, including oil and gas, technology, healthcare, and manufacturing. This has resulted in job growth and a steady influx of new residents, which drives housing demand.

Let’s start with our 5 reasons to own investment property in Texas

1. Strong Economic Growth: 

Over the past decade, Texas has also consistently ranked among the fastest-growing states in the U.S., driven by a number of factors, including a business-friendly environment, a growing population, and a diversified economy – all positive factors contributing to a strong real estate market. 

Texas has outperformed the national average in terms of GDP growth.  

Insight: The Bureau of Economic Analysis, as of 3Q2022:

Real GDP growth rate for Texas was 8.7% vs. the national average of 3.2%. 

Personal Income growth +6.9% vs. national average +5.3%! 

People in Texas are seeing their wages grow more, and their companies are growing faster than the rest of the nation by a long shot!

2. Affordability:

Compared to other major U.S. cities, Texas cities like Houston, Dallas, and Austin are generally more affordable in terms of housing costs, which can make them attractive to investors looking to get more for their money.

Texas has a lower cost of living than the national average, which can make it an attractive destination for people looking for a more affordable place to live

Insight: According to data from the Council for Community and Economic Research, as of March 2023, the cost of living in Texas was approximately 8% lower than the national average.

Mostly from housing, 15% lower, Food, 9% lower, Transportation, 7% and Healthcare, 4% lower than the national average. 

Housing costs, in particular, tend to be more affordable in Texas compared to many other parts of the country, which can be an important consideration for people looking to buy a home or rent an apartment.

3. Business-Friendly Environment: 

Texas is known for its business-friendly environment, with low taxes, a favourable regulatory climate, and a pro-growth mindset which now leads the nation in the number of Fortune 500 companies that have made the state their headquarters.

In just 2021 alone, 62 companies relocated their HQs to Texas from 17 other states and 3 countries, with Tesla being the most notable.

This steady stream of businesses and corporations relocating to the state brings with them jobs and new residents.

There is no individual income tax in Texas and no corporate income tax. State sales tax of 6.25% is also lower than the national average of 8.20%.

4. Landlord-Friendly State:

Texas is known for its strong protection of property rights, which can be attractive to landlords. 

Quick eviction: Landlords have a legal right to evict tenants who fail to pay rent or violate the lease terms with a quick eviction process compared to other states, which can be helpful to landlords who need to regain possession of their property quickly.

Limited tenant protections: Compared to other states, Texas has relatively few laws protecting tenants’ rights. For example, there is no limit on security deposits, and tenants have limited legal recourse if their landlord fails to make necessary repairs.

Freedom to set rent: Landlords in Texas have the freedom to set their own rent prices without being subject to rent control or other restrictions.

5. Strong Rental Market: 

Texas cities have strong rental markets, with demand driven by a combination of population growth, job growth, and a relatively high number of renters compared to homeowners. 

This can make investing in rental properties in Texas a lucrative option.

Insight: According to data from Zillow as of February 2023, the median rent in Texas increased by 5.8% over the past year and will continue to increase to 8.4% as of May 2023, according to the Dallas Fed report. 

I hope this report helps shed some light on why Texas has been and will continue to be one of the most popular states to own an investment property in.  

As we mentioned at the beginning of this report, we are bringing brand-new single-family homes in Dallas, Texas, through Asia from March 14-19. If you want to learn more, please click this link and register.

www.americamortgages.com

U.S. Investment Propety
US Mortgage for Non-residents

If you follow our weekly newsletter, you’re well aware that investing in real estate is a great way to build wealth and generate passive income, and there are many great markets in the U.S. for both U.S. expats and foreign national investors. One city that has been gaining a lot of attention in recent years is Dallas, Texas, and the surrounding areas, and for a good reason. 

According to a recent report from Norada Real Estate Investments, Dallas is considered to be among the most affordable real estate markets in the United States, where renting is more cost-effective than buying for many residents. The city’s growth over the years has been largely driven by the influx of young people settling in the area, and many of them have opted to rent rather than purchase their own homes. As a result, the demand for rental units in the surrounding areas of Dallas has increased by 14% over the past year, making it an excellent time for investors to enter the housing market. This indicates a thriving housing market and a great opportunity for investors looking to capitalise on the city’s growth.

Here are some reasons why non-resident investors should consider investing in Dallas real estate:

1. Affordable Real Estate Market

Dallas is among the most affordable real estate markets in the U.S., making it an attractive option for investors looking for high returns without breaking the bank. Dallas’s median home sale price is around $388,995, which, with leverage, is less than a $100,000 cash investment. Additionally, home values in Dallas have appreciated by an average of 4.3% per year over the past 10 years, which proves pre and post-covid, there is strong demand.

2. Growing Population and Strong Job Market

Over the past few years, Texas has become a top destination for companies looking to relocate or expand, with several high-profile companies already having made the move. In particular, Tesla, Oracle, and Hewlett-Packard have relocated to Texas, and this trend is expected to continue in 2023. Texas is considered the top state for business in the U.S. due to its favourable tax laws, pro-business regulatory climate, and skilled workforce, making it an attractive destination for companies to relocate or expand. 

Current projections show that as companies expand and hire, the demand will stress the already limited inventory of available rentals. Increasing demand for rental units makes it easier for investors to find tenants and keep their properties occupied, leading to stable and predictable cash flow.

3. High Rental Demand

Rental demand is high in the Dallas surrounding areas due to a growing population and strong job market, making it a good market for buy-and-hold investors. Dallas has a diverse range of neighbourhoods and property types, from high-end luxury homes to more affordable multi-family properties, providing options for investors with different investment strategies and goals.

4. Low Property Taxes

Dallas has a relatively low property tax rate and no state tax compared to many other major U.S. cities, which can help to improve an investor’s return on investment. This is particularly important to note for foreign national and U.S. expat investors who may not be as familiar with the local tax laws and regulations.

In conclusion, the Dallas real estate market offers many benefits for both domestic and foreign investors. Its affordability, growing population, strong job market, high rental demand, low property taxes, and experienced real estate market make it an ideal location for those looking to invest in U.S. real estate. 

All signs indicate that the Dallas real estate market is expected to experience an increase in demand for rental, and with higher interest rates bidding wars are something of the past. This is an excellent opportunity for savvy investors to negotiate deals, concessions, and discounts which haven’t been seen in a while in these markets. 

You can never time the market, and America Mortgages always preaches “date the rate and marry the property.” Our loan officers are with you from the start through your entire journey and will advise when rates dip and refinancing makes sense. America Mortgages only offers mortgage solutions to non-resident investors and expats looking to invest in U.S. real estate. With our expertise and connections in the U.S. real estate market, no other company compares. We understand the unique needs of international investors and can help navigate the often-complicated process of obtaining a mortgage in the U.S. from application to signing. 

America Mortgages provides expertise in finding the best financing options and valuable insights into the local market to help investors make informed decisions and maximise their returns. Contact us at [email protected] to find out more.

Speak with a U.S. mortgage expert now by scheduling a call at www.calendly.com/u-s-mortgages. Start your journey today!

For more details, visit us at www.americamortgages.com or email us at [email protected].

Looking for international mortgage loans globally, including the U.K., Australia, Canada, France, Portugal, Spain, Italy, Singapore, Hong Kong, Japan, Thailand, Philippines, Dubai, and other locations? Visit our parent company Global Mortgage Group (GMG), at www.gmg.asia.