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Estero Property Investment Urge People To Buy Now In The US

Estero Property Investment Urge People To Buy Now In The US

The exchange rate has a big impact on decisions to invest overseas and at the moment Fonterra and a number of other large institutions are forecasting the US dollar will get stronger with the result that the NZ dollar will become weaker. A Forex Crunch article this week reported on the New Zealand dollar continuing its downfall to lows last seen five years ago, as the US dollar surged.

As we wait to hear the decision this month as to whether the Reserve Bank of New Zealand will cut the base rate, many pundits are guessing that they will. As the Forex article continued, “This is a tough decision for the RSBNZ. On one hand, it has released hints that a rate cut could come either in June or in July, and there are economic reasons to do so. On the other hand, it has already received part of the impact it wished for: the value of the currency is significantly lower than it was in the previous decision.”

The US dollar and NZ dollar are pressed by both sides: expectations for a rate cut in New Zealand either in June or July, and rising chances of an earlier than predicted rate hike in the US. This brings us to the question of whether to move now with regard to property investment in the US

For investors seeking certainty and financial security, Lindsay Jarvis of Estero Property suggests that the U.S. is rapidly becoming a smart place to buy, advising that there are several advantages to investing in the U.S. Whilst many investors focus on capital gain, Estero concentrates on the more immediate returns provided by income

The U.S. is an enormous market, and the team at Estero, specialists in U.S. property investment, have focused their research and analysis on buying in the right areas. “To protect investors from buying property in the wrong location”, says Lindsay, “we have developed a close alliance with a local US mortgage fund, which closely monitors economic, demographic and geographical data as part of an assessment of the long term viability of a property.” The result, he continues, is an ability to offer a 30-year loan secured only by the property itself.

“While many factors affect exchange rates, currencies generally strengthen as economies do,” observes Lindsay. With this in mind, now is definitely the time to consider investing in the US property market with Estero Property Investments.

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