Random thoughts on art, technology, stuff, and occasionally Real Estate: Cheryl Johnson (Cheryl Johnson, Bob Taylor Properties, Inc., Los Angeles, CA)

Deja Vu, All Over Again

Crisis Real Estate InvestingI noticed this book in my office library the other day, and pulled it off the shelf.  "Crisis Real Estate Investing" by Hal Morris.  Sub-Title:  "Increase and Protect Your Assets from Potential Disaster".  The copyright date is 1982.

The blurb on the dust jacket starts:  "During the late 1970s, real estate skyrocketed with values increasing 15 to 20 percent annually.  Suddenly the real estate boom slowed, appreciation stopped, interest rates climbed and homeowners, buyers, sellers, lenders and borrowers scrambled to refinance, bail out or somehow take advantage of their neighbor's misfortune."

Or how about the first paragraph on page one: "It came about so quickly that almost no one could believe it.  Prices for homes all cross America went up dramatically year after year.  One region reported 15 percent a year appreciation, another called it 21 percent, and still a third, 23 percent.  Imagine the value of a house going up by nearly a quarter of its price every year!  And then one day it just stopped."

Huh?  Let me check that copyright date again.  Yep, 1982.  The book talks about the Savings and Loan Crisis of the 1980s, (you remember that, right?) avoiding foreclosure, and goes on to cover real estate investment strategies to profit in a down market.  The charts and graphs show prices in the 90s and 100s, but there you are.

To everything there is a season.

 

Cheryl Johnson // Bob Tayor Properties, Inc.

 




Bob Taylor Properties, is a progressive, independent, full service real estate brokerage located in Northeast Los Angeles. We have a small staff of experienced, veteran real estate agents who love what they do and work tirelessly for their clients.

 

We are experts at selling residential, multi-unit residential and commercial properties. We are highly experienced with residential and commercial leasing. We know the Los Angeles City Rent Stablization Ordinance.

 

We know and appreciate all types of Los Angeles architecture and design from Historic Homes to Ultra Modern Lofts.

 

We would love to help you buy or lease a home anywhere in the Greater Los Angeles area, or to sell or lease the home you already own.

 

Call us today at 323-257-1080.



 

* Starter Homes
* Historic Homes
* Dream Homes
* Investment Property
* Commercial Property
* Rentals
* Leases
* Short Sales
* Bank Owned
 

Our highly skilled and experienced staff serves all of Southern California and handles all types of property.

 



 

The Bob Taylor Properties Network of informative blogs and websites

Bob-Taylor.com Our original website

BobTaylorProperties.com Featuring a live MLS feed with lots of listings!

EclecticAngelino.com A headline newsfeed from around Northeast L.A.

WeMarketRealEstate.com Our intensive marketing strategies

RealEstateHomeBuyersGuide.com Information for home buyers

HomesForLeaseToday.com Live MLS feed of homes and apartments offered for lease

LALeasingService.com Our leasing services for property owners

 

 

 





 

 

Bob Taylor Properties, Inc.

323-257-1080
5526 North Figueroa Street
Los Angeles, CA 90042
DRE License # 01304057

 

 

 

 





 

Comment balloon 9 commentsCheryl Johnson • September 23 2006 06:01AM
Deja Vu, All Over Again
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