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If, like most people, you are interested in real estate information and see the headlines every now and then, chances are you may have learn about it already... and in the event you have not heard about it, then you might be very, very surprised about a fresh development that could be contrary to what many individuals expect...

Firstly, let's start with a few teaser issues...

Let us suppose you'd a lot of money... hoards of it... in early 2000, and were ready to invest it in property.

The question is...

What type of property do you think you'd have purchased??

Could you have obtained single family homes, numerous family homes, two bedroom condos, organic area, coastal real-estate, luxurious homes, or... ?

If you're trying to guess the solution, please achieve this now before you read the remaining portion of the report :-)

Assuming you have your answer in your mind, let's proceed...

If your answer is been certainly one of single family homes, multiple family homes, two bedroom apartments then give yourself a pat on the back... You may have made a significant tidy sum of money...

And if your answer is luxurious homes, then give your self two taps on the back, smile the largest, most pleasant smile you have ever smiled... You may have made well over a dollars in profits :-)

For...

Luxury Domiciles are now actually one of the most readily useful performing segments in the true estate industry!!

And what does that mean??

Well, you might desire to consider this... Based on some sources, after a decline of 7.1% in 2001, this part acquired 3.6% in 2002, 0.3% in 2003, 13.7% in 2004, and 13.2% in 2005...

And exactly what would which means that with regards to money??

In accordance with the Prestige Home Index, the price of an average luxurious home in California's Bay Area is now $2.88 million - a growth of $336,000 from the last year!

And that is more income than what trying to sell many homes profitably could have made!!

And precisely how many individuals could have foreseen this pattern?? Well, your guess probably as good as anyone else's in this respect!

While no one could be able to ascertain just how long this trend will keep on, there might be various other segments in the housing market that might perform equally, if not better, as time goes on.

And one possible section might be...

Holiday Real-estate

Another growing trend has been that folks old and young have been going to places like the Mexican Riviera, and are often setting up home there or are getting second or third homes there... and gated communities are increasingly being set up in areas which were not so sometime ago petite little communities.

And the end result - real estate prices not seen before in the region... and the values seem to be growing too.

And how long will this trend continue?? Again, your guess might be just like anyone else's in this respect. austin texas real estate homes discussions