Believe it or not, home-builder's are using lottery systems to determine who purchases a home. Do not believe me? Try to purchase a home in the River Island Community of Lathrop, CA. Of course, since I'm a seasoned real estate professional, I know that the home-builders are also using other factors to determine who the buyer will be but the fact still remains, that a lottery system is also one of the factors. I think that the only solution to living a lifestyle that does not involve indentured slavery is to purchase a property where you can plant vegetables and raise livestock. Another thing to note is that since people are more willing to commute longer for work, traffic conditions are going to get worse. Thankfully, traffic conditions are not as bad as India, Middle East, or SoCal.....yet.
So is it all doom and gloom as far as the real estate market in California is concerned? It is not. My personal real estate objectives are still within reach and reasonable. Are your real estate objectives within reach and reasonable? Call me if you would like to discuss your real estate objectives. |
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