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Freeway close to DisneyLand Resort
Freeway close to DisneyLand Resort
Real Estate
Barstow In 1886, the California Southern, a subsidiary of the Atchison, Topeka & Santa Fe Railway
Co., finished its rail from National City near San Diego up through Cajon Pass. The junction of the two rails was first known as
Waterman. Later it was changed to Barstow to honor Santa Fe's president, William Barstow Strong.
In 1911, the Casa del Desierto (House of the Desert), or "Harvey House" was completed after several
owners and then to the Fred Harvey Company. Today, the building is now on the national registry of Historical places. A must see.
For the last three years Barstow Land was the investors dream. We saw land double
and triple in value. Homes appreciate in value beyond anyone's expectations. But then home prices top out and the buying stopped. No
surprise, because prices can only go up until people can not afford them.
We are still selling Barstow Land, but now we have four times the inventory
available. Besides properties being overpriced, there are several reasons why this has happened. Investors started to sell their homes to get out of a negative
cash flow. Some homeowners saw the prices jump up and decided they could get even a high price. Then we have the new homeowners who are having a
hard time adjusting to the payments and we also homeowners who refinanced and can not afford the new payments.
Land - People buy land when everyone else buys land. This
activity creates a comfort zone. If everyone is buying then it is safe for me to buy. It does feel good to know you are not the only one buying
Barstow Land. But this creates the domino effect on prices. As more people buy the prices go up.
But eventually the land becomes over priced and the buying stops.
It is time to buy Barstow Land before the next buying spree, but most buyers still have to
overcome the comfort zone. It is much harder to buy land when you do not see the buying activity. When everyone starts buying Barstow Land again, those who bought land will just sit and watch. Barstow Land
buyers now is the time to look into the next area where Barstow Land has the potential to double
and triple in price like it did in Victorville.
Tom's opinion: Homes and autos sales are down. This usually indicates we are heading for a recession.
But the economic indicators show we have a strong economy. Why? Consider this, the war is creating a false economy. Billions of dollars are
being spent which comes back into our economy. What will happen when the war ends? Solders return back to their jobs and as the military
replenishes their inventories, factory order will drop. Factory orders dropping causing layoffs and more people available for jobs creates
unemployment, we call this a recession.
Timing is a key when investing. Tom suggest you that you watch when the war ends, homes and auto sales,
unemployment and the interest rate. You need to be prepared for these times. Its best to invest when the investment does not create a financial
hardship. Buying Barstow Land now may be a good time.
Want to learn more about Barstow Land, review my web site. Any questions please call.
Search for real estate on our website. When you find something you like, give Tom a call
with the Listing Number. Tom is busy with clients, projects, real estate reviews and attending
local community meetings. So Tom can dedicate his time for you,
please make an appointment before visiting our office. Click for Map to our Office Click California Highway Road Conditions
Call Tom Direct...
Marketing Consultant - Realtor® - Broker
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Key Information
Southern California
Victor Valley
Victor Valley
Gold Point Realty
SageBrush Realty
15437 Anacapa Road Suite 10
Victorville, CA 92392
CA DRE License 01523546
Barstow Real Estate We are a local site specializing in property in our real estate market.
We can provide the tools that will make the home buying or selling process easier for you.
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Copyright © 2002-2010 All Rights Reserved Sagebrush Realty, Inc. All information is deemed reliable but not guaranteed.
Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Barstow site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content. Barstow Homes for Sale & Real Estate, Barstow Homes for rent, real estate agents, residential Barstow , multi-family Homes, rental Barstow, neighborhoods, commercial real estate
Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Barstow site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content. Barstow Homes for Sale & Real Estate, Barstow Homes for rent, real estate agents, residential Barstow , multi-family Homes, rental Barstow, neighborhoods, commercial real estate