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Investing in Property Land Lots

August 30th, 2012 | by: SM SOLD | Posted in : Real Estate News

Purchasing the right home for your family can be a difficult task. Some people may prefer to have a swimming pool or good scenery, while others may want their interiors decorated with a specific style in mind. Finding the ideal home that matches your preferences takes a lot of effort, but there is an alternative: building your own home.

Potential home buyers should consider buying empty lots of land to build their custom homes. Due to the current status of the economy, now is the opportune time to invest.  Prices are at reduced rates while competition is high for sellers.  According to Robert Glass of Glass Construction Corp, a client from our sister company at Soft Mirage,  agrees that “now is an opportune time to acquire the land necessary for home-building because construction costs are still competitive and lenders are becoming less conservative in their lending practices.” Glass Construction Corp has a reputation for building landmark homes in some of the West Coast’s most prestigious enclaves with high-profile projects located in the Beverly Park, Malibu, Pacific Palisades, Orange County, and Beverly Hills areas.

Real estate news regarding the economic housing recovery has been positive nearly all year long, with headlines detailing the rise on both home and land prices.  Take advantage of low construction costs and real estate prices in the current market.  Prices are beginning to rise, and competition has steadily increased for potential land and property buyers.  Interested buyers that aspire to build their dream home should act now, while prices still remain affordable.  Take the initiative to build the dream home you’ve always wanted, before this option becomes out of your price range!

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