Bernelle

If, like most people, you're interested in real estate news and look at headlines every now and then, chances are you might have find out about it already... and in case you have not heard about it, then you might be very, very surprised about a new pattern that may be contrary to what lots of people expect...

Firstly, let's begin with several intro concerns...

Let us suppose you had a lot of money... Tons of it... in early 2,000, and were ready to spend it in real-estate.

The problem is...

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

Could you have obtained single family homes, multi family homes, two bedroom apartments, organic property, coastal property, luxury homes, or... ?

If you're attempting to guess the solution, please achieve this now before you see the remaining portion of the post :-)

Assuming you have your answer in your mind, let us proceed...

If your answer is been among single family homes, multi family homes, two bedroom condos then give yourself a pat on the back... you might have made a significant tidy amount of money...

And if your answer is luxurious domiciles, then give yourself two pats on the back, smile the largest, most pleasant smile you have ever smiled... It's likely you have made above a dollars in profits :-)

For...

Luxury Domiciles are actually one of many best performing segments in the real estate market!!

And what does that mean??

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

And precisely what would that mean in terms of money??

Based on the Prestige Home Index, the price of an average luxury house in California's Bay Area is now $2.88 million - a growth of $336,000 from the last year!

And that's more money than what attempting to sell many homes profitably may have made!!

And exactly how lots of people might have foreseen this development?? Well, your think maybe as effective as anybody else's in this regard!

While no one could be able to determine how long this trend will carry on, there might be many sectors in the real estate market that might perform equally, or even better, in the foreseeable future.

And one possible section could be...

Holiday Real-estate

Still another growing trend has been that people old and young have been moving to places just like the Mexican Riviera, and are either establishing home there or are buying 2nd or third homes there... and gated communities are now being create in areas that were not to long ago tiny small communities.

And the end result - property values not seen before in the region... and the prices be seemingly increasing too.

And the length of time will this trend keep on?? Again, your guess could be as effective as anyone else's in this respect. real estate greenbank