Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Monday, March 19, 2007
Phoenix - Baseball, Retail and Returns
Spring training in the "Zone". Great weather, intimate games, families on grassy knolls, and the oh-so-tempting hot dog. Now to focus on real estate - this community is like every other growing metropolis with land - every national retailer is clamoring to be here. What drives this growth? Ans: growth. Population, jobs, housing, transit routes. Retail is the lurking secret boyfriend of all these debutants. Stronger in safety than housing, far more secure than office buildings, able to withstand a recession in a pinch. Just don't buy the dogs! Eh - too many to list - just think what happens when fads end, technology transforms industries and Sam Waltons are born.
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