October 17, 2006 at 9:32 pm
· Filed under Real Estate
Everyone says that the real estate bubble has been building for years and is about to pop. But guess what? This is the same thing they were sayng years ago. Now I’m not saying that they are wrong—there very well may be a real estate bubble just waiting to explode at any moment—but I will say that they (meaning almost every major economic magazine and author) was very wrong about the timing, and it has really cost me thousands of dollars.
For example, if you were to have purchased Breckenridge real estate or Summit County Real Estate just two years ago, you would have made an excellent return on your money. It would certainly have been higher than anything you could find in a standard or even high yield savings account.
Why do I mention Breckenridge specifically? Because Breckenridge is a place my family and I go on a regular basis for skiing. While I’m on the topic, I would also strongly recommend skiing in Breckenridge, Colorado, to all of my readers. You can plan your trip easily online these days and really save a lot of money. You can also keep tabs on important things like the latest Breckenridge weather updates, snow conditions, etc. over the internet.
Back on topic, however, despite all my ranting I am still too afraid to purchase real estate. The market is a cyclical one—something we have had proven to us time and time again for literally centuries, and right now, if you ask me or just about anyone else, we are on a very clear up tick. The difficult part is not recognizing that, but instead it is recognizing how far up we are. Are things about to turn down, flatten out, or are we just beginning our climb? The answer is worth millions…
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April 20, 2006 at 9:25 pm
· Filed under Real Estate
When it comes to cities with beautiful scenery and healthy economic growth, San Jose is high up on the list. This populous California city serves as the so-called capital of Silicon Valley, and boasts residents with high median incomes and the highest percentage of disposable income as rated by city and population. The cost of living is high in this prosperous city, but that doesn’t seem to make a difference. People living and working in San Jose are still on average some of most financially secure citizens in the United States today.
And that’s not all! San Jose is the largest city in the Northern California area and offers a pleasant climate that is similar in nature to San Francisco, due to the close proximity of the San Francisco Bay. This means moderate weather and a moderate moisture level. If you relocate to San Jose, you can expect periods of light rain and more than 300 sunny days each year.
There are lots of great restaurants, shopping centers and malls, and cultural centers in the city of San Jose. You can visit The Tech Museum of Innovation or take your kids to The Children’s Discovery Museum. Take in some fine art at the San Jose Museum of Art, or tour the spooky Winchester Mystery House. If you like to shop, you’ll find large, bustling malls, quaint city shops and a gigantic open air market. Not only is San Jose home to fine shopping, dining and entertainment, the city also provides visitors with world-class accommodations and San Jose Real Estate is growing more popular by the day.
San Jose is also home to many festivals and events. Examples include open air performing arts, wine festivals, comedy shows, live music, and so much more. Whether you’re moving to San Jose or just visiting, you’ll find plenty of things to see and do in this amazing city.
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