Self Directed IRA for Real Estate Investing Update

Real Estate Trends & Self Directed IRA’s

What Has the Trend Been For Real Estate and What This Means For Self Directed IRA’s

The housing market has had its fair share of ups for quite a while but did produce quite a disappointment with a starts declining 9.9%. There was also a decline in building permits in June compared to May.

What is causing this?

It appears that one of the biggest factors for the decline in starts was due to multi-family starts. Multi-family starts dropped 26.2%, while single-family starts dipped only 0.8%.  Looking at permits we see that multi-family construction declined 21.4%, while permits for single-family starts only decreased 0.6%.

Insights for Self Directed IRA Real Estate

As we have said time and time again we really feel that we seem to have formed the bottom with support in the real estate market. Even though we see that the market went down in June overall things are looking pretty good. Prices still haven’t settled but there is stability. We are seeing inventories move and liquidity is improving.

For those self directed IRA real estate investors looking for a buying opportunity now is a great time for hard asset investing. With worries and talk of stock market crash and the strength of the US dollar as weak as ever, moving to hard asset investing is smart.

It will be interesting to see what the next couple of months hold for the real estate industry but it is still recommended to hold investment real estate because of inflation, asset appreciation and income.

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