Belize Real Estate | Your Real Estate Market

Posted on February 25, 2013 by admin

Would you like to buy a lot or low-cost rental housing. Prices in Belize have been appriciating for several years, wondering if this trend is going to stop and follow thw U.S. Market. What I discovered was ? prices in Belize compared to the U.S. Will be higher ? because the U.S. Dollar waker. But there is no reason to think that the real estate market would Belieze U.S. Market real estate. They are two different countries with two very different economies. In the U.S., we have had several years of exceptional increases in property values, low interest rates and terms that almost anyone could get a mortgage. For several years, if you could fog a mirror, you can own your own home. In the U.S., now is the time to "Pay the Piper" so to speak. The huge number of sub-loans to borrowers prhyme and rising interest rates have led to an increased number of foreclosures across the country. Foreclosures usually bring property values down. Reducing the sub-prime market prhyme means fewer buyers qualify for mortgages. A real estate market that has fewer buyers, rising interest rates, and more homes for sale ? prices tend to drop and it becomes a buyer's market. Look at the financial and economic situation of Belize before buying. Just because it's a good time to buy a home here in the U.S. Does not mean it's a good time to buy in Belize.

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Source: http://yourrealestatemarket.com/belize-real-estate

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