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Adelanto Land
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Unbelievable But True
Unbelievable But True
GOLD POINT REALTY
Adelanto Land California
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.
What about the slow down?
So now what?
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.
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.
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.
So now what?
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. Land
buyers now is the time to look into the next area which 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 now may be a good time.
Want to learn more about Adelanto Land, review my web site. Any questions please call.
Read This before Calling or E-mailing
Search Adelanto on our website. When you find something you like, give us a call
with the Listing Number. Tom is busy with clients, projects,
Adelanto Land for rent, reviews and attending
local community meetings. Please make an appointment before visiting our office. Click Map to our Office Click California Highway Road Conditions
Call Tom Direct...
760-617-7278
Marketing Consultant - Realtor® - Broker
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Cathy Anne
Kathie
Tom
Kathie
Tom
760 961-4453
760 961-4459
760 617-7278
760 961-4459
760 617-7278
Key Information
15437 Anacapa Road Suite 10
Victorville, CA 92392
CA DRE License 01188249
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Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Adelanto site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content for Adelanto Land
Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Adelanto site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content for Adelanto Land