Jeannie Niles Real Estate Investment
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“I want to go to California”
I have been traveling in Arizona, New Mexico, Texas, Oklahoma, Illinois, Missouri, Indiana, Kentucky, Tennessee, and Arkansas the last several weeks. I felt fortunate to have a mini-vacation due to the holidays and a slowing real estate market.
I positioned all of my clients last year in preparation for 2006, thus have been enjoying the time away from a rapid sales pace.
During my travels the #1 comment when people find out where I’m from (in fact the only comment) is “I want to move to California!” Several people in Arkansas told me they were moving in the next two months. Everyone else was planning on moving, or hoping to move to California.
This isn’t a controlled statistical survey, but it sure makes me feel good about my investments in southern California.
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Seven properties went into escrow in October.
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For Coachella Valley
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Multi-family properties have been the hardest hit segment in the desert area for number of sales during the current real estate downturn.
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I am always frustrated how the media and other trade groups use statistical data to prove the point they want to make, thus I like to do my own statistical research.
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It can be very profitable purchasing bank owned properties in the current real estate market.
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Some of the most outrageous episodes in property ownership that the owners lived to tell about.
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Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
