U.S Real Estate at stand still!!
How are you guys in the USA finding the real estate market at the moment. From a review I read in forbes and fortune it says that the U.S 5 years housing boom is now at stand still, and in some cases prices are dropping. Just interested to know as I'm in the Property development/real estate business and I buy/develope all over europe. But at present I'm looking at buying a property in Orlando just 5 miles from Disney and a property in Las Vegas. Both properties will be just purely for investment and will most like be structured as holiday accomodation. I believe that there is a return of around 12 to 15 weeks rental in Orlando I have not yet received any figures for Las Vegas. So anyone here done the same?? And whats your views?
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