2016 was an interesting year for U.S. real estate. Uncertainty in the global economy paired with the stability and comparatively high yields in domestic investment property has extended our period of high demand. Our local Greater South Bay market has been no exception. If you're thinking about investing, but have hesitated, give us a call and let's discuss your goals. A horse that doesn't race will always lose.
I used this title for a couple of reasons. I wanted to catch everyone’s attention like Trump has done and then I wanted to make a few comments on how to “play” this new game we are in. What I don’t want to do is get into any discussions about will he be good or bad for us personally or the nation. I believe the nation is bigger than any one particular president regardless of what the current President might try to accomplish. I guess that is one of the beauties of our system. I like the thought by Suzy Kassem:
Post-Recession – Dictionary definition: occurring after a recession.
Syndrome – Dictionary definition: a characteristic combination of opinions, emotions, or behavior.
We are entering another holiday season which starts with Thanksgiving. I believe that is a great way to start our holidays as it is supposed to put us in a frame of mind to give thanks for all of our blessings.
I think every investor likes to know what’s happening to values as he or she watches values click up in their favorite locations. I think it is also easy to start feeling that “it has to stop, it can’t go any higher!” So I have done a quick survey of what is happening around our area and would like to report a few sales. I’ll just give the address, the sale price, and the price per unit.