Our Best Places To Invest In Real Estate
Just in case you're wondering if the bottom has fallen off the real estate boom, let the National Association of Realtors official statement that it expects 2005 to be another record-setting year in the U.S., assure you, it hasn't. At least not for the places listed below. This is because the existing-home sales have surpassed market expectations and reached another record in June. This has been helped by two other conditions, very low mortgage interest rates and favorable market conditions, which according to the National Association of Realtors(R), are the optimum conditions in which to attract buyers. You should however realize, since you're buying real estate property as an investment that you'll need to buy in locations where the crowds gather. This list of best ten top real estate locations, consider the list of the factors you should take in when on the look out: For many parents, close proximity to urban centers, with good educational centers for the children as a priority in the list of must have. Immediately after this come the need for first class amenities and facilities such as airports, hospitals and work centers. Many homeowners consider these amenities and facilities, not to mention traffic less roads, worth the price of the real estate property. Plenty of recreational opportunities and safety Many couples consider the proximity to shopping malls, museums, art centers, beaches, mountain ranges or galleries, invaluable. Consistently good weather What's the use of all of the other advantages when you can't go out and enjoy all these? Substantial commercial investment Look around the area, do you see spanking new hotels, entertainment centers or malls? These are positive indicators that the community is becoming a desirable location to live and work in. The "X" factor. Do you have celebrity or a prominent public figure for a next door neighbor? If you do, then you won't have long to discover, that everyone whose everyone will be moving into your neighborhood and driving the prices up high. So now, you know why these locations are prime real estate properties. The next question, you then need to ask is: Where are these top five top places located? Asheville, N.C. which possesses the Biltmore Estate, together with an arts and crafts community that is flourishing. Ashland, Ore. This place is halfway between Portland and San Francisco. It is also home to Southern Oregon University. Culture lovers will take a shine to the Oregon Shakespeare Festival. South Lake Tahoe, Calif. With two Marriot Hotels and plans to open up a convention center, its' a certitude that this city has come of age. Myrtle Beach, S.C. The last location has the beaches along "The Grand Strand", and around 120 golf courses, to draw you in and make you set up home. If there's one piece of advice worth remembering when buying real estate properties, is that only three things matter. Location, location, location and yes - these places have it!