Going forward, the biggest worries/side effects are inflation, and market correction. These two worries have long been used to sell precious metals to investors and in principal the precious metals do offer a level of security that "paper" investments can never offer, but the prices can often fluctuate wildly. At the time of this article, if you had bought an ounce of gold in late 2011 you would be upside down to the tune of $700.00 per ounce. Commodity prices fluctuate.
That brings us to real estate. That is the most logical answer because it is very secure and no more can be mined or printed. Owning a home or investment property is a good way to save and often enjoy your investment and security at the same time. While urban real estate is more popular because of its prolific nature, it has more carrying costs, ie taxes and upkeep. Rural real estate generally has lower carrying costs. Any property can fluctuate in price, keep in mind that recent history has shown us that urban property can drop in value like a stone to a fraction of its purchase price. Rural real estate tends to appreciate more slowly but tends to retain its value better.
Real estate, like any other investment/purchase requires the investor do his homework to insure that he is getting a fair price. If property is bought for reasonable price it can be an excellent, stable, investment in turbulent times. Add to this the ability to use the purchase for personal enjoyment and it might just make the most sense of any asset class.
At Mountain Land Properties, LLC we can help you find a solid real estate asset to add to your investment portfolio. Here you can search the entire Westcliffe MLS for investment opportunities. Please contact Mountain Land Properties, LLC for more information on rural real estate investing or for any of your Westcliffe CO real estate needs.
Well of course, the answer to that is in the eye of the beholder, as one man's simple home is another man's castle. However in the real estate sector there is a luxury home designation. Price alone does not distinguish that status. It is location, architecture, decor, premium amenities, entertainment capability, a superior location, a stunning view and myriad other details that help a home stand out from the ordinary.
Want to take a look inside the Westcliffe, Colorado luxury home market? We are a small, mountain community with some very well hidden gems. With easy access from a major airport, Westcliffe is located 78 miles southwest of the Colorado Springs airport. Additionally, a 7,000 ft. jet ready airport is located 8 miles from the town of Westcliffe for private aircraft use. If you are searching for a unique and private luxury getaway in the mountains Westcliffe, Colorado is your destination. Here you will find boundless opportunities for hiking, biking, fishing, horseback riding, hunting, 4-wheeling, camping, skiing, photographic vistas and relaxation. The Colorado lifestyle is waiting for you! Currently there are 12 homes in the Westcliffe Colorado area that are listed at $1,000,000+. You can find them here on the Westcliffe MLS. Contact Mountain Land Properties, LLC for more information or to see any of these spectacular homes.