Barstow Land Main Street Route 66 Land and Homes

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.

Concerning Barstow 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.

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.