Overseas property
Articles
US property market is showing encouraging signs despite virus
Article snippet
Tranio logo

US property market is showing encouraging signs despite virus

US
DiChatz / unsplash

The sector is holding up better than many experts predicted. 

Several media outlets, such as publications Orange County Reviewer and Curbed, recently reported that demand for both housing and mortgages has grown by 9% in California over the last two weeks, despite the virus-hit economy and quarantine.  Another positive sign is that more houses are also being put up for sale in the state. 

While there’s still plenty of reason to be pessimistic about the real estate market,  this growth is an encouraging sign for both US and international investors; it may suggest that as soon as services in the sector return to normal after quarantine is lifted, the market could recover sooner than expected.

Subscribe not to miss new articles

We will send you a content digest not more than once a week

Subscribe
    I confirm that I have read and accept to the Privacy Policy and Personal Data Processing Guidelines.

    Done!

    Tranio’s managers offer advice on buying real estate in the United Kingdom
    Anna Boyarchukova
    Anna Boyarchukova
    Head of the Residential Department
    +44 17 4822 0039
    Send a request
      I confirm that I have read and accept to the Privacy Policy and Personal Data Processing Guidelines.
      • 0% commission to Tranio
      • Residence permit support
      • Mortgage rates from 2%