Monday, April 14, 2008

Mission Viejo Homes Ranked as Best Buy!

April Hay
http://www.greatmissionviejohomes.com/

It has always been my belief that Mission Viejo Homes deliver the biggest bang for your housing bucks spent. A recent report by Entrepreneur.com seems to agree:

"Whether you're an investor ...or you're looking to purchase that next move up, here are my picks for the best areas to buy a home:

Killeen, Round Rock, Austin, Texas: Killeen has the lowest average home price in any market in the nation while still maintaining quality. Round Rock and Austin have seen incredible job growth and very stable home prices despite the downturn nationwide. Jobs continue to grow here--a factor for keeping inventory low and prices stable.

Mission Viejo, California: Mission Viejo has the lowest crime statistics in the nation. With no murders in 2007 and a low rate of violent crime, this is a good place to raise a family. Prices are relatively stable, and the job market in the nearby cities of Irvine and San Diego means there is consistent demand from job seekers.

Palm Beach, Florida: I'm taking a risk here because this area has been pummeled by foreclosures in 2007. But there are also a lot of boomers retiring, and Palm Beach is looking mighty attractive. If you don't like this high of a risk (which translates to great prices), check out Tampa or Clearwater in the same state.

Las Vegas, Nevada: Yes, Las Vegas has been hit hard by incoming investors, who watched their home values disappear and then left those homes empty. Las Vegas comes in quite high on the national foreclosure list, almost always within the top three metro areas. But there's an upside--a very strong job market. In 2007, Las Vegas experienced a 12 percent increase in population, partly driven by retirees looking for Sunbelt states to move to. Coupled with low prices, we could see inventories reduced here, which would also stabilize prices. Be careful what you buy, but I like it."

If you are planning to buy in South Orange County, Mission Viejo Homes tend to be a great choice. Other nearby areas, including all of the Saddleback Valley, also continue to have some of the best buys in real estate.

Contact me for information on Mission Viejo Homes or homes in any part of South Orange County and I will be glad to assist you in finding a great deal!

April Hay