Home Loans California & Arizona

Southern California housing Market!

February 24th, 2012 8:24 AM by Nathan Rufty

I read a lot of blogs on the internet and see how the market is all over the country for home sales, value and buyers. We are unique because:

  • We are Southern California
  • We have the weather
  • We have employment
  • We have the home inventory
  • We are the 7 largest economy in the world
  • We have infrastructure
  • We have low property tax compared to other states

So what does this all mean to homeowners, home sellers and homebuyers?

  • Our economy will rebound faster than other states.
  • there are enough buyers in the market place to purchase the inventory of homes listed for sale
  • We have plenty of home to choose from like location and price points
  • Home sellers will start to see an increase of offers on their homes
  • For what you get in today's market based on price, you get a lot for your dollar
  • Rates are still extremely low which means more and more people can budget to own a home today verseS rent one

If you are not in the market to purchase a home, you need to be before prices and home loan rates increase, when there is a shortage of homes on the market you will see more and more offers at the highest and best and that will drive the price of the home above your approved purchase amount. Let's get started on your home search right away.

 

Posted in:General
Posted by Nathan Rufty on February 24th, 2012 8:24 AM

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