With the midpoint of 2016 approaching, it is safe to assume that the growth that investors had predicted will come to fruition, albeit at a slower pace. Nevertheless, the real estate market in Southern California is poised to continue its growth.
This notion is based in part on the encouraging flow foreign investment into commercial real estate projects, so that more than just multi-family real estate projects are expected to drive international money into our economy.
According to a Forbes.com report, investors are flocking to six major cities across the globe for deals. Indeed, Sydney, Australia; London, England and New York City are obvious choices, but foreign investment is also expected in Los Angeles and San Francisco. The growing employment opportunities in Southern California suggest that developers will be working diligently to keep up with the demand for suitable business venues and multifamily housing projects.
Additionally, with the volatility that the stock market has given so many investors pause in past years, the real estate market has maintained a steadiness that has analysts have come to rely on.
If past numbers are a predictor of future success, consider this; $625 billion was invested in real estate during the first nine months of 2015. This was a 12 percent increase from the same period in 2014.
With the future of the real estate market poised to reap considerable benefits, property owners have a genuine interest in avoiding costly legal issues. The advice and counsel of an experienced real estate attorney can help.