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California Real Estate

Investing in California real estate

California is one of those states where you find all kinds of properties and where the climatic conditions vary hugely from place to place. You have places with moderate temperatures and you have places which experience all four seasons in their full glory. Traffic Jams, beaches and mild earthquakes are all characteristics of California. So there are a number of things to consider before you actually go for investing in California real estate.

The first thing to consider for investing in California real estate is to select the place/area for your California real estate investment. This is more applicable to people who are looking at California real estate more as an option for leading their life (rather than an investment option). That said, even if you have chosen the region for investing in California real estate, you need to be careful with selecting the location in that region I.e. the California real estate piece that will fetch you good profit. Generally, growth of business (e.g. big companies acquiring land for establishing their offices) is an indicator of appreciation in real estate (whether California real estate or any other). That is the consideration with regards to new developments in California real estate or with respect to significant changes in the economic situation of a particular place in California. However, there are always opportunities and they are there everywhere. You just have to hunt those opportunities in order to profitably invest in California real estate. Post cards, phone call, public auctions, foreclosures etc are all possible opportunities/ways of getting a good deal for California real estate investment. You could also partner with the local attorneys in the region I.e. attorneys who handle property matters in case of death, divorce, defaults etc. These people can give you good leads on California real estate investments. In such cases, whoever gets the information first gets the advantage. You can really lay your hands on some good California real estate deals in this way.

Yes, that does take effort and if you were to think that money can be earned without putting-in even that much effort, I would tend to disagree with you. A small amount of effort can really make a difference of thousands of dollars in terms of the California real estate deal that you get. Another good idea is to inform your friends in California that you are looking to buy a piece of California real estate and, in fact, let everyone know that you are looking for a piece of California real estate. A very good California real estate deal might come to you through one of your contacts, you never know.

So with the California real estate prices rising (as always), investing in California real estate does seem like a great idea.

Estate Real California

Pricey neighborhoods seeing more defaults

For months, San Diego County's housing market has been ravaged by thousands of foreclosures in low-priced neighborhoods, where families saw their American dreams vanish as their subprime loans went bad. Now, according to figures released yesterday, the pain is lessening in those areas while becoming more acute in high-priced neighborhoods. Ref. Source 9

California Real Estate History & Civil Business Politics

Southern California Home Sales Drop 21 Percent:

A tracking firm says home sales in Southern California plummeted more than 21 percent last month from July 2009, their biggest drop in more than two years. Ref. Source 2

Estate Real California

Home construction output worse than reported

The downfall of the California housing industry last year was worse than previously reported, according to a key industry report released Wednesday. New home construction in California still contributed $13.8 billion to the state's economy and employed nearly 77,000 workers in 2009, but that's 80% lower than the market peak in 2005. Ref. Source 8

Estate Real California

Golden State Home Sales Continue Downward Spiral:

August home sales in California were down 2.7 percent from July and 14 percent from a year ago, MDA DataQuick recently reported. Ref. Source 6

California Real Estate

$2 billion in aid open to struggling homeowners

The money, administered through the California Housing Finance Agency, comes from the U.S. Treasury Department's Hardest Hit Fund, which helps states most devastated by the nationwide housing crisis. Ref. Source 9

California Real Estate

California still a very expensive place to buy including Southern California. LA continues having ridiculous prices that only the rich can afford.

California Real Estate Politics Business Civil & History

Ecke poinsettia ranch to ask Encinitas for lot division

The Paul Ecke Poinsettia Ranch in Encinitas, an area icon since 1923, will ask the city to allow it to divide about 36 of its 68 acres into three separate lots so it can improve its financial standing. Ref. Source 9