Was an orchard oasis
Land and Homes
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Adelanto - In 1915 a inventor E.H. Richardson founded Adelanto. He built the Adelanto community with money
received from the sale of his patent that was used to develop the Hotpoint Electric Iron. Richardson had dreamed of growing an
orchard oasis in Adelanto. These orchards were famous throughout the state for fresh fruit and cider. The depression was the end
of the Adelanto orchards and they were replaced by poultry ranching.
Today, Adelanto offers new residents affordable homes with the experience of all seasons, from winter
snow to warm summer sun. Because of cool winds from the southwest, the area is nearly a smog free environment.
For the last three years Adelanto Land was the investors dream. We saw land double
and triple in value. Homes appreciate in value beyond anyone's expectations. But then home prices top out and the buying stopped. No
surprise, because prices can only go up until people can not afford them.
We are still selling Adelanto Land, but now we have four times the inventory available. Besides properties being
overpriced, there are several reasons why this has happened. Investors started to sell their homes to get out of a negative cash flow.
Some homeowners saw the prices jump up and decided they could get even a high price. Then we have the new homeowners who are having a
hard time adjusting to the payments and we also homeowners who refinanced and can not afford the new payments.
Concerning Adelanto Land, people buy land when everyone else buys land. This activity creates a comfort zone. If everyone
is buying then it is safe for me to buy. It does feel good to know you are not the only one buying Adelanto Land. But this creates the domino effect
on prices. As more people buy the prices go up. But eventually the land becomes over priced and the buying stops.
It is time to buy Adelanto Land before the next buying spree, but most buyers still have to overcome the comfort zone.
It is much harder to buy land when you do not see the buying activity. When everyone starts buying Adelanto Land again, those who bought land will
just sit and watch. Adelanto Land buyers now is the time to look into the next area where Adelanto Land has the potential to double and triple in price like
it did in Victorville.
Tom's opinion: Homes and autos sales are down. This usually indicates we are heading for a recession.
But the economic indicators show we have a strong economy. Why? Consider this, the war is creating a false economy. Billions of dollars are
being spent which comes back into our economy. What will happen when the war ends? Solders return back to their jobs and as the military
replenishes their inventories, factory order will drop. Factory orders dropping causing layoffs and more people available for jobs creates
unemployment, we call this a recession.
Timing is a key when investing. Tom suggest you that you watch when the war ends, homes and auto sales,
unemployment and the interest rate. You need to be prepared for these times. Its best to invest when the investment does not create a financial
hardship. Buying Adelanto Land now may be a good time.
Want to learn more about Adelanto Land, review my web site. Any questions please call.
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