Biden, Obama and Real Estate!

Well now that summer is drawing to an end and the presidential election is about to heat up, I am still here talking about the importance of real estate.  What does real estate have to do with the presidential election?  It is the presidential election.

You see traditionally whomever wins the presidential election, adds to his and her real estate portfolio.  After all, the race is all about THE WHITE HOUSE!

Real estate is the greatest investment around and this holds especially true for the Irvine Ranch in Orange County, California.  Allow me to list the reasons:

1. Weather - Orange County has approximately 300 days of sunshine and mild temperatures each year.  Less than 10 reported tornadoes in the past 30 years.  Texas, as a comparison, averages 10 each summer.

2. Convenience - Orange County is within 1 hour of major airports, the beaches, and mountains.  During winter, one can surf in the morning and go skiing in the afternoon.

3. Real estate values - In Orange County, historically, real estate values have gone up higher than any other areas and when the market has dipped, prices have not gone down as much as other areas.

So if you want to join the “elite” buy something in Orange County and go to www.MichaelDunn.com to search for the best deals.

Happy investing.

Mike

Posted: August 24th, 2008 under Hot Tips, Real Estate News.
Comments: none

Summer Vacation and Real Estate!

Well it is that time of year again, nearing the end of summer and getting those summer vacations in!  I am leaving on a cruise for Mexico this week and always look forward to getting to the high seas.

My stepfather was a Merchant Mariner at the age of 17 and sailed off from San Francisco to Australia and all points in between.  he wrote a book about it and it was one of the most exciting adventures I ever read . . . and he lived it.

Wha does this have to do with real estate?  EVERYTHING!  You see when you sail the ocean, you think of the vastness of our planet and the rarity of land.  yes, the rarity of land.  Do you know why?  Because at sea, you realize that the land portion of the Earth is less than a third of the Earth’s surface.  67% is covered by water.

In the world of real estate, this means that with less land than water, the land value goes up.  Stay tuned for my next blog from the ship, but in the meantime, let me leave you with this  . . . what has a solid foundation yet moves up?

Happy vacation and investing.

Mike

Posted: August 8th, 2008 under Hot Tips, Real Estate News.
Comments: none