California Real Estate ? Appreciation on Steroids
For the last five years, owners of California real estate have been hitting the ball out of the appreciation ballpark. Yes, a real estate market on steroids.
California
California is heavily populated from north to south along the coastline, but they state offers significantly different ecologies. In Northern California, one is much more likely to see signs of the four seasons, get cold temperatures and more historic feel in locations such as San Francisco. Southern California, on the other hand, has an extremely moderate climate with temperatures rarely dipping below 60 degrees even in the winter. Rainfall is also scant with San Diego receiving roughly 11 inches a year. If you are considering moving to California, there are two constants throughout the state.
Traffic
So many people have moved to the state that traffic can be a real issue even on weekends. Los Angles traffic is legendary, but San Francisco and San Diego have their own congestion problems.
Earthquakes
Earthquakes are a constant throughout the state as the San Andres Fault bisects much of the state. Earthquakes happen all of the time, but they are typically very small. If you live in California for more than a month, you won?t even notice them.
Beaches, Sun and Culture
There are serious benefits to living in California. Foremost, of course, are the beaches. If the thought of spending weekends and evenings on the beach appeals to you, this is the place. You?ll pay a premium for it, but there is nothing like it. For example, the temperature in San Diego on October 5, 2005, the day I am writing this, is 79 degrees!
California Real Estate
California is an incredible place to live and real estate prices reflect it. Single-family home prices average as follows for the three major metropolitan areas - $620,000 for San Diego, $1,300,000 for central San Francisco and $750,000 for central Los Angeles. As a general rule, the closer the home is to the ocean, the more it will cost.
As shocking as the prices are, the rate of appreciation is downright impossible to believe. In the last 12 months, California real estate has appreciated over 25 percent. For a 500,000 home, that is a gain of $125,000 in 12 months. Steroids indeed!
Real estate is all about location, location, location. While this is certainly a cliché, there is no doubt it is true in California.
About Trent Rhodes Trent Rhodes is affliated with Back Home Realty, which is located in Blanchard, OK. For further assistance please use the contact information located on the right.
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Local Information for Blanchard, OK
Latitude: 35.221617 -- Longitude: -97.418236
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ZIP Codes for Norman, Oklahoma
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73019 
73026 
73069 
73070 
73071 
73072 
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Area Code for Norman, Oklahoma
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405
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Time zone for Norman, Oklahoma
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CST
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Other Area Cities:
Norman, OK
Oklahoma City, OK
Moore, OK
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Norman is the largest city in Cleveland County in the U.S. state of Oklahoma, and is part of the Oklahoma City Metropolitan Statistical Area.Norman is best known as the location of the University of Oklahoma, making it a center of culture, technology, and scientific research. Norman is one of the world's most prominent centers of meteorology.Norman is the birthplace of Doppler radar. Norman's picture-book Main Street is a great source of pride for Normanites, as are the many shady, tree-lined housing areas that surround the OU campus. The west side of town has seen the most development in recent years, including affluent areas like Brookhaven, a sprawling neighborhood of townhomes, apartments, large estates and upscale retail and dining. The east side is older and includes the areas around the OU campus and downtown.Both areas retain their historic appearance. In 2006, Money Magazine ranked Norman as the 40th best place to live in the United States. -- Source: Wikipedia.com
Oklahoma 2000 Census Population Profile Map
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Norman |
Oklahoma |
United States |
|---|
| Population |
95,694 |
3,450,654 |
281,421,906 |
|---|
| Median age |
29.3 |
35.5 |
35.3 |
|---|
| Median age for Male |
28 |
33.9 |
34 |
|---|
| Median age for Female |
30.9 |
36.9 |
36.5 |
|---|
| Households |
38,834 |
1,342,293 |
105,480,101 |
|---|
| Household population |
89,623 |
3,338,279 |
273,643,273 |
|---|
| Average household size |
2.31 |
2.49 |
2.59 |
|---|
| Families |
22,560 |
921,750 |
71,787,347 |
|---|
| Average family size |
2.93 |
3.02 |
3.14 |
|---|
| Housing units |
41,547 |
1,514,400 |
115,904,641 |
|---|
| Occupied units |
38,834 |
1,342,293 |
105,480,101 |
|---|
| Vacant units |
2,713 |
172,107 |
10,424,540 |
|---|
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Trent Rhodes
Back Home Realty
1519 E. US 62 Highway
Blanchard, OK 73010
VOICE: 405-485-4500
FAX: 405-485-3003
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