A New Year With New Opportunities to Build Wealth.
We talk to a lot of people who live in Dublin Ranch. From our conversations in later 2008, it was easy to see that the economy had most of us looking forward to the fresh start coming with a New Year. Most of the time, when an investment sector is suffering, we can transfer as much of our liquid assets as possible to markets that are thriving. By staying on top of financial ebbs and flows we expect to come out even, and hope to come out ahead. This was not the case in 2008; the slide of our markets was across the board, and the impact rivaled the events leading up to the Great Depression.
One of the interesting things we’re seeing in our market now is a transfer of wealth from intangible assets (stocks, bonds, mutual funds, etc.) to tangible assets (gold, silver, and real estate). Much of this is happening because of inflation, but it also has to do with consumer’s comfort levels. In other words, when investors lose money in “intangibles,” they go back to things they can touch and hold onto with their hands.
Owners of Dublin Ranch homes, condos and townhomes purchased their properties because they felt they were good investments. While an adequate case could be brought for how that has not been the case lately, we are seeing a shift in the market here in the Bay Area. There are a lot of people looking to buy, and well-priced property will sell with multiple offers and above the asking price.
Most people know that lenders are having to off-load their real estate assets that have been acquired through the process of foreclosure. Many times, these properties are being offered at a discounted price so the lender can get the “non-performing asset” off their books. A couple of years ago, acquiring a property in the Bay Area that was cash-flow positive meant that you had a loan that was negatively amortized. Now, with fewer people being able to buy and the strengthening of the rental market, along with the decline in property values, the opportunity to buy couldn’t be more ideal. As Robert Kiyosaki’s “Rich Dad” said, now is the time to “Buy it Right!”
A few weeks ago we here at Dublin Ranch Lifestyle made a decision to help residents build wealth back into their portfolio through real estate. To do that, we will be offering Bay Area bank-owned properties that should perform well in the coming years as you are looking to rebuild your nest egg. Most, if not all, of the properties we will be bringing to market will be outside of the Dublin Ranch area. However, we will be showing these properties to you and offering a free analysis of how these properties could perform for you through three primary investment objectives: appreciation, cashflow, and income sheltering.
You will be able to find these properties on our site in the Real Estate section. If you would like to speak with us about the risks and rewards of real estate investment, we would be happy to share our 30-minute presentation with you; contact us today!
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