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Tuesday, April 3, 2007

Real Estate Right Now

In the past few years, we’ve watched housing prices skyrocket all over the U.S. It definitely seems to be a seller’s market, but what are buyers supposed to do? Well, if the big names in business are correct, the market is beginning to turn. People who bought homes out of their price range are beginning to water down the market.
Baby Boomers, the biggest group of retirees ever, are downsizing. The older members of the generation are opting for community housing, and even apartments, where upkeep is virtually nonexistent. They’re dumping their mortgages and adding to the tide of available houses. This, experts predict, is the beginning of a huge opportunity for people prepared to buy real estate.
Recovery from the recent real estate boom means lower prices for investors. Basic principles of investment realty – buy it for less than you can sell it – still hold true. But if housing prices in the United States are dropping, how long will this trend last and is it still wise to put your money in real estate?
All business trends see peaks and valleys. Real estate, however, is REAL. It has tangible value that may have momentary dips but will always see an up-swing in the long run. Still, smart money managers find property that has plenty of potential and is still cheap enough for its purchase to make sense. Investment property in Latin American countries, such as Costa Rica, shows amazing potential.
While homes are depreciating elsewhere around the world, in Costa Rica, property is appreciating. The tropical forests and exotic wildlife add a specific pull-factor to Costa Rican real estate. But there is a wealth of potential there beyond what is available in American markets. First of all, the property in Costa Rica is prime. The government protected such a large part of the country from development that any property you buy is probably going to have either trees or a water view.
There are other benefits to purchasing land in Latin America, like significantly lower taxes. People are still often reluctant to consider investing in property or building a second home in a foreign country. Concerns about personal crime rates, language barriers, rules and regulations should not deter people from considering great opportunities in Costa Rica.
Real estate is still the most sound investment you can make, and it is becoming more so every day. With retirees cashing in their stock market-based 401ks to relieve the financial burdens resulting from lack of social security, the stock market is subject to it predicted and inevitable crash in upcoming years. Unless you are very adept at trading options in an up, down or sideways market, steer clear of the stock exchange.
When you buy land, you are buying more than a piece of paper. You will actually own something real. While stocks and bonds can’t be guaranteed to have a worth beyond the paper they are printed on, property will always have value. In a market like Costa Rica, you can safely bet on a huge return on your investment. Property there has proven to appreciate in rapid record pace.
What’s the best part about owning your own land in a tropical paradise? When you go on vacation, you really do feel like you’re home – because you will be. Put your money into something you can physically enjoy that will net you large profits when you’re ready to move on.

by David Lovendahl, Costa Vista Marketing

Costa Vista Land (http://www.costavistaland.com) is ‘developing paradise’ in Costa Rica. They purchase large quantities of raw land at discount prices and develop the properties in less than 18 months. Hence, the unique program in which investors can obtain developed land at undeveloped prices and why company president, Brad Hogan says, "We are an investment company first and a land sale company second." Parcel choices range from valleys to mountains, to beautiful coastline property. Costa Vista Land encourages investors to visit Costa Rica to view their property and will pay for accommodations, meals and transportation to do so. This lucrative program comes with 100% money back guarantee.

For more information, contact 1-877-55-COSTA or in San Jose, Costa Rica (506) 234-7509. And grab your Free 50 minute CD Now by visiting http://www.developingparadise.com

This article is free for republishing
Source: http://www.articlealley.com

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