Real Estate ROI
February 25, 2008 by jeffandsteve
Does it pay to be a long-term owner of real estate in Santa Clara County? According to DataQuick statistics it does. Cumulative 10-year appreciation (1997-2007) for the county was 168% or an average of 11% annual appreciation. At that appreciation rate a property doubles in value every 7 years. Add in leverage and tax benefits and your return on cash invested would be off the chart. You might say better than Google-like returns! Jeff Stricker
