Real Estate – it’s not going away!
The oldest use of the term “Real Estate” that has been preserved in historical records was in 1666. In other words, real estate has been around for a very long time. And, it is not going away! It will be around until the end of time. What a comfort that is! With the slump happening everywhere, including here in San Diego County, it is reassuring to know that even if when things get really bad, there will always be people wanting to buy and sell homes. Homeownership is indeed the American Dream.
Real Estate may be down, but it will come back up!
Real Estate is a legal term, according to Wikipedia, that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. The word “fixed” is the keyword here, meaning unmovable. Real Estate is here to stay!
Real Estate’s Royal Roots
Wikipedia also states that the word Real is possibly derived from “royal”. For hundreds of years the Royal family and/or King owned the land, and the peasants paid rent or property taxes to be on the Royal’s land. Today, just like hundreds of years in the past, we pay property taxes, or rent to be on the government’s land or the Royal Estate. Isn’t it great to know that even though we do have to pay property taxes our homes are owned by us and not a king or government or royal family!
A Great Time to Invest!
Well, there’s a little bit about the history of real estate. Fortunately, it has a great future as well. Particularly in Del Mar and other areas in northern San Diego County, where we’ve seen record appreciation during every up-cycle. Make your own future and invest in “Royal” estate. There have been few opportunities as golden!
If you are looking for a home or selling real estate in the Del Mar, Solana Beach, Carmel Valley California areas, give us a call or browse our site. We can help!
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