According to Morgan Stanley, US millionaires view real estate as the top alternative-asset class to own in 2013. Almost 60% of those surveyed expect to add to their real estate investments, whether through a Real Estate Investment Trust (REIT) or direct ownership. Many IRA holders see the same opportunity and decide to join thousands of NuView clients in adding property to their portfolio.
DEPRESSED PRICES HAVE STIMULATED THE INVESTORS
In certain regions of the country, depressed prices due to foreclosures and bank owned property have stimulated the investors due to enhanced cash flow opportunities.
Properties that were historically purchased and held for appreciation, now can provide income to the IRA as well. In addition the unprecedented displacement of families from the economic downturn have increased the demand for rental properties, as few new units came on the market during the past eight years.