Many Wealthy US Investors Expect Real Estate Decline
Financial Freedom with proven real estate tips Steel Buildings - All types of Commercial Steel Buildings. Sarasota Real Estate - Get Sarasota Florida Real Estate info Grand Rapids Real Estate - Get Grand Rapids Real Estate info. Many Wealthy US Investors Expect Real Estate Decline by Rick HendershotA survey of wealthy American investors suggest they are losing faith in real estate, at least for the next year or so. The survey, called the 2006 U.S. Trust Survey of Affluent Americans, was conducted by U.S. Trust, and polled Americans with annual adjusted gross income of more than 0,000 or net worth greater than .9 million. Nine out of 10 of those surveyed expect their portfolios to rise in 2006. They expect an average 8 percent return from U.S. stocks. But real estate, which has sucked in a lot of investment cash over the last few years has lost favor with many of these investors. Only 48 percent expect real estate values to increase in the next year. This is down from 72 percent in 2005 who expected increases. In fact 33 percent of respondents expect a decline in real estate values over the next year -- up from 14 percent in 2005. The most promising Sectors for investment, according to those polled, are healthcare, pharmaceuticals, and biotech at 79 percent. The technology sector was also strong among these people, favored by 72%. Defence and aerospace stocks also lost favor. Get Real Estate Leads with Lead Producer Websites for Real Estate.
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