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The new investment standard: real
estate In
July 2002 attached homes remained on the market for only 21 days
compared to 30 in 2001. The first and most important investment
decision you will ever make will be your selection of real estate
investment resources and information. According to recent surveys
housing prices have surged in some California areas nearly 15
percent from 2001. The California statewide median home price
climbed to $270,000, up from $235,000 in August of 2001. One of
the key signs pointing to the healthy housing market is the strong
mix of properties available, from entry-level to high-end offerings.
Many people look to "It's not stocks now, it's real estate."
On a regional basis, median prices showed double-digit growth
across much of the state. According to DataQuick, the median price
in August in the San Francisco Bay Area rose 10.9 percent to $417,000.
In Los Angeles County, the median price rose 15.6 percent to $267,000.
In Orange County it climbed 20.1 percent to $370,000, and in San
Diego County, prices surged 23.7 percent to $339,000.
Investing
wisely: Who can you trust?
Make the
selection wisely because there is one thing we do know for sure
. . . . . When purchased and managed properly, real estate is
the safest and most profitable investment available to the average
person today.
If you're
thinking of buying or selling a piece of property, or know someone
who is, please contact us, and we will be happy to give you free
advice. It's a great place to live and work and residential and
investment real estate is our specialty. We specialize in fine
homes and investments in and around SOlana Beach. Let us show
you how to make residential property the cornerstone to your family's
future. We can assist you in acquiring an income generating, real
property based portfolio - there are terrific opportunities!
Tell us about
the home you're looking for and we'll email you a list of available
properties. If you see something of interest, let us know and
we'll take digital photos and email them to you. We can make a
move more enjoyable. The investment methods used by the pros to
locate, analyze, purchase and manage real estate investments are
amazingly easy to learn and use with our help. Are you planning
to sell or buy or just thinking about it? Attractive properties
are still available but many pieces of prime properties are selling
in a matter of days, so finding them quickly is important.
Real
Estate Investing is not a complicated game that only the wealthy
can play. Most families want security AND a nice home.
The most important considerations are:
1) Know the market...what is happening in the area and economy
2) Know how to analyze a property
3) Know your limits (dollar and risk wise)
Sit
down and determine
1) How much cash do you have to invest (if any)
2) How much risk are you willing to take (The less cash you have
to invest, the
higher the risk).
3) Prepare a checklist of what you need to look for
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