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rate of return: Two reason's Investors are Purchasing Los Altos Real Estate. - 03/04/09 01:43 PM
Sue McAllister had an interesting article in the San Jose Mercury News.  The topic of the article focused on who is buying homes in our declining real estate market.  Her conclusion; first time home buyers and investors made up the majority of today's home buyers. 
Below is an example detailing one investor's reasoning for purchasing a single family home in Los Altos as an investment.   
I represented the seller of a property in south Los Altos that closed escrow in December  2008.  The buyer completed a 1031 exchange, selling two properties in southern California and "trading up" and purchasing a single family home as an investment property in Los … (0 comments)

 

David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro

Los Altos, CA

More about me…

Coldwell Banker - Downtown Los Altos Office

Address: 161 S. San Antonio Road, Los Altos, CA, 94022

Office Phone: (650) 917-4250

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