The real estate market has dropped considerably since it's most recent highs in 06 and 07. The hardest hit states have been California, Nevada, Arizona and Florida. Most of the talk about the real estate market has concentrated in the housing market. The enormous amount of foreclosures have tipped the scales for the current bear market and have become the headlines of 2008. The stock market has proven to be fickle and many await the the bottom of the housing market, so investors have had cause to hibernate.
We think it maybe time for investors to come out of the den. There are low risk ideally zoned opportunities for long term investors available now. If an investor is looking for a five year to even twenty year investment that has proven over decades to be a lucrative investment then we believe Antelope Valley could duplicate it's past success. We have found a 700% increase in just five years under similar circumstances. In 2000 during the most recent recession a 5 acre industrial zoned property on Palmdale Blvd in Palmdale Ca. sold on the GAVAR MLS for $5980/acre. In 2005 an industrial property next door on Palmdale Blvd. sold for $42,000/acre at or near the most recent high of the market. This is an exception result for the recession investor.
This recession has created another down market in vacant land in Lancaster and Palmdale Ca. Parcels are now at or near their lowest. Now is the the time to think like a successful investor and buy in a depressed market. A successful investor buys in a bear market and sells in a bull market. Vacantlanddeals.com specializes in low priced land below the market rate, and they have industrial zoned property in ideal locations to take advantage of the next up market. If they don't have the property for you then they can locate it. Populations are still expected to grow in Southern California based on recent census reports. This may be your best time to find an opportunity.
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