US Home Prices Climb an Average of 11.2% in 12 months


US Home Prices Climb an Average of 11.2% in 12 months

Over the last 12 months the US housing market has clearly turned the corner. After “muddling along” from the depths of the GFC in 2009 until late 2012, the housing market is finally looking very good for investors and home owners alike. 

Prices for single-family homes climbed in 88 percent of U.S. cities in Q3 2013

The National Association of realtor’s reports that prices of single-family homes improved in 88 percent of U.S. cities. It’s clear that most cities in the USA are showing strong annual home-price growth, the question is, why? The truth is there are many reasons, but two key reasons are the tight supply of listings and the ongoing disappearance of foreclosures on the market which drag down values. The national housing inventory dropped from 5.9 months to 5 months in just 1 month into Q3. Completed foreclosures in September dropped 39% year-on-year earlier and the serious delinquency rate droped to 5.4 in July 2013 from a peak of 8.5% in January 2012. As the housing market continues to return to “normal” we expect these positive trends to continue.

Nationally prices rose 11.2% year-on-year with some individual cities seeing growth above 20%; however, prices are still well below their 2007 peaks.

Some things are best said with pictures…
Case-ShillerGraph

CaseShillerChart

The economic and housing fundamentals for our recommended investment locations are extremely strong as they push into 2014 and beyond.

Part of what we do at American Properties is constantly analyse and research cities in the USA to determine the most investor-advantaged locations for our members to buy property in. While we can’t give away all of our secrets, we can tell you that we consider indicators such as;

  • Housing Price Growth
  • Rental Income Growth
  • Population Growth
  • Job Growth
  • Crime Trends

Of the thousands of cities in the USA, we have identified 8 that have varying combinations of solid cashflow and strong projections for capital appreciation. As we move into 2014 we anticipate to see our members continue to watch their portfolios outperform both the Australian and the wider US property markets. It’s truly an exciting time to be a property investor.


We take the hard work and risk out of investing in the USA.


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