Marketing of Real Estate in CSU San Marcos Essay - 143

Marketing of Real Estate in CSU San Marcos - Essay ExampleHence, significant land investors require having adequate knowledge before victorious the action of investing. Before investing in real terra firma, firstly, it is important to consider the number of residents residing in the intended area of investments either in terms of their laundry or their age brackets. For example, CSU San Marcos is highly populated by white people that constitute 64.2 percent of the inhabitant and least populated by American Indians representing 0.8 percent. Therefore, it is recommendable for real estate investors to invest where there is high population of residents since there is high enquire for residential areas such as houses, retail shops due to high disorder of people search for secondary and primary goods, social amenities such as school and health centers, service offering businesses such as hotels and lodges and monetary institutions such as banks. Secondly, they need to know their ta rgeted age groups before investing as ages of the population will define their tastes and preferences in terms of real estate fashions, productiveness in terms of income that determines their state of affordability to rent or buy the real estate and also their entertainment as entertainment real estate will be more profitable in an area populated by a higher number of youth (Peski 2010). An increase in the number of residents has a direct effect on increasing the number of households from a rise in demand for the settlement and business buildings for business people. Consequently, as the population increases, the demand for goods and services increases an increase in manufacturing and processing industries hence generally resulting in a rise in the number of households. Additionally, as demand increase and availability of real estates remains constant, the household or home value rises.