PROSPECTUS: Even with looming national economic uncertainty and real estate downturns in many parts of the country, Grand Junction assures excellent investment potential in real estate in coming years. Local real estate activity has slowed in 2008, mainly because of tightening credit. While most of the country is suffering the poorest real estate market in years, Grand Junction is experiencing only a "flat" year. Demand for new homes, and lots, in Grand Junction is "pent up" while prospective buyers wait out the market, mostly as short-term renters.

Because of its strategic importance, the western Colorado energy industry and the regional economy it supports will remain strong in almost any future economic or political climate. Stalled economies in other parts of the U.S., where unemployment and foreclosure rates have recently spiked, contrast with the low unemployment and flat foreclosure rates in western Colorado. This important hub of industry is expected to sustain migration to the Grand Junction area for years to come. With a current population of 140,000, Grand Junction and Mesa County are growing at a rate of approximately three percent per year.

There has never been a better time to invest in Grand Junction!

Grand Valley lot prices have increased on average approximately $16,000 per year since 2005, resulting in a doubling of lot prices in four years. Building starts stalled in 2008 as a result of the national credit crisis, causing starts to fall to about 50% of their previous level. This has forced developers to lower lot prices for the first time in many years, creating unparalleled investment opportunity. However, this is a temporary situation before prices rise again.

The Grand Junction housing market is primed for a strong rebound as quickly as the supply of credit (mortgages) resurges. The recent Federal takeover of Fannie Mae and Freddie Mac, supply of Federal funds, and continued drops in interest rates are the beginning of this mortgage turnaround. This turnaround will spark a new round of vigorous building. In the Grand Valley pent-up demand will unleash, existing inventory will absorb quickly, new lots will be scarce, and those holding ready-to-build lots will profit significantly.

New lots not yet built won't be able to compete with existing lots. With the escalating cost of materials and construction, new lots can't be produced, let alone sold, for the same price that existing lots are being offered today! The difference will be profit for those who buy lots now.

Whether you are an investor seeking great returns or a builder seeking to hedge against rising lot prices, now is the time to buy lots. Santa Ana offers the most attractive lots and the best investment value in the Valley!

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