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If, similar to people, you are interested in real estate news and see the headlines every now and then, chances are you might have learn about it already... and in the event you have not heard about it, then you could be very, very surprised about a brand new development which may be unlike what many people assume... 

Firstly, let us focus on several teaser issues... 

Let us suppose you had a lot of money... hoards of it... in early 2000, and were willing to spend it in property. 

The problem is... 

What type of real estate do you think you'd have purchased?? 

Could you have obtained single family homes, multi family homes, two bedroom condos, natural area, coastal real estate, luxurious homes, or... ? 

Please do so now before you browse the remaining portion of the article :-), if you're trying to think the solution 

If you have your answer in mind, let's proceed... 

If your answer is been among single family homes, multiple family homes, two bedroom apartments then give a pat to yourself on the trunk... It's likely you have made quite a tidy amount of cash... 

And if your answer is luxurious domiciles, then give two taps to yourself on the back, smile the largest, most pleasant smile you've ever smiled... you might have made more than a dollars in profits :-) 

For... 

Luxurious Homes are now one of many best performing sections in the actual estate industry!! 

And what does which means that?? 

Well, you might wish to look at this... according to some places, following a fall of 7.1% in 2001, this segment acquired 3.6% in 2002, 0.3% in 2003, 13.7% in 2004, and 13.2% in 2005... 

And just what would which means that when it comes to money?? 

Based on the Prestige Home Index, the value of an average luxury home in California's Bay Area has become $2.88 million - a growth of $336,000 from the last year! 

And that's additional money than what attempting to sell several houses profitably might have made!! 

And precisely how lots of people might have foreseen this development?? Well, your imagine maybe as good as anybody else's in this regard! 

There might be various other sections in the market that might perform equally, or even better, in the foreseeable future, while no-one could be able to determine just how long this development will continue. 

And one such possible phase could be... 

Vacation Property 

Still another growing trend has been that individuals young and old have been moving to places like the Mexican Riviera, and are either setting up house there or are getting second or third domiciles there... and gated communities are increasingly being put up in places which were not to long ago petite small villages. 

And the effect - real-estate prices not seen before in the area... and the values appear to be growing too. 

And how long will this trend keep on?? Again, your guess could be just like anybody else's in this regard. [http://paulsellstx.com/ austin real estate condos]