Tuesday, August 28, 2007

Jacaranda CC Friends




WELCOME
TO
JACARANDA CC
Residents Blog
.

First things first. I hope you are enjoying the new website I created for you http://www.jacarandaproperties.com/
I will assume that is how you got here. We created that site because so many of you loved the "Property Valuation Reports" we used to send out quarterly. We changed because they were almost a month old by the time you got them, there was only 90 days history, you had to store them or throw them away, there was no way to reply, and there was no way potential buyers could see that information.

As far as Real Estate goes, two years ago we would have 12 to 15 homes for sale at a time. Now it runs around fifty! Guess what. I don't think we will see much of a difference for at least a year or more. That's ok though if you bought your home more than 3 or 4 years ago, you saw nice appreciation. After all, there was a time when a home was an expense justified by the fact that it was shelter and you could get most of your money back if you moved (big advantage over renting).

Then we entered an era where a home became an investment! People in California were living on bare floors with sheets on the windows because they were making more money on appreciation than they could at their jobs.

Aside from Real Estate, do us all a favor and tell your neighbors about this site. The more people that visit it, the better it will get.
That's all for now,
Bruce Howland

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