Gus Kyriakos, Wine Country Homes by Better Homes and Gardens
Finding a qualified and experienced agent is an important business decision. For many purchasing or selling a property will be the largest financial decision in their lifetime.
Gus understands this and as such takes the responsibility of staying aware of market conditions as the most important matter at hand. With today’s onslaught of news by the minute and the barrage of experts in “all fields” it is very easy for consumers to be swayed from one direction to the next which includes putting off a purchasing decision.
Real Estate has always and always will have “cycles”. In California the extremes of these cycles in an up or down direction is the “norm”. These extremes in California have a tendency to give the state either an up cycle or down cycle with very little time of flat values.
The geographical nature of the estate, that includes the very best weather in the nation, the outdoor lifestyle and its GDP ranking it amongst the top nations of the world helps create a demand for Real Estate like no other.
Today’s climate of record spending and burgeoning government deficits along with low rates is a set up for eventual inflation. A great way to protects ones wealth in an inflationary environment is to purchase Real Estate. Statistics show that in the year 2009 and 2010 30%-40% percent of purchases in California Real Estate have been all cash. These investors understand that this is a window in time to purchase an asset at a discount. The Funds that have been created to purchase thousands upon thousands of rental units in the State is further evidence of the opportunity for these assets that are selling way below the cost to replace.
The current cycle is leading to “Pent Up Demand” which is the combination of consumers waiting, not qualifying, and builders not building. Along with the eventual further migration to California from other States (the COLD ones) and with affordability ratios of 60-70% depending in which part of the state you are in is a setup for the perfect storm.
There are many intricacies to the selling and acquiring Real Estate and Gus is poised to help you through the process. The time to find the location of your dreams is now.

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