Rocky U.S. Real Estate Market Lures Investors

Bethesda, Md.–The potential for high returns and low prices–byproducts of the U.S. housing slump and credit crisis–have prompted investors to consider U.S. real estate, the Financial Times reports.At least $30 billion has been raised or is in the process of being raised to invest in U.S. real estate since last August, according to Bethesda, Md.-based commercial real estate researcher Costar Group.As the real estate market has weakened, property investors have been looking for opportunities in housing and commercial developments.Homebuilders have been liquidating land and homes at low prices as the housing slump continued; home prices in the top U.S. cities have fallen by 12.6 percent since their 2006 high, according to the S&P Case Schiller index.