Why California Dominated This Top Ten List

In Zillow’s recent list of the top U.S. housing markets, the Golden State ruled the day. That is, California took up the most spaces on the seller-side with: Sacramento occupying the 10th spot, Los Angeles coming in 8th, Riverside ranking 6th, San Francisco squeezing into 2nd, and San Jose securing bragging rights as the top market in which to sell your home.
So how is it that California led this list out of hundreds of potential metros across the United States?Well, quick sales helped quite a bit. In fact, Southern California had some of the speediest sales in the nation earlier this year with San Diego, Los Angeles, and Orange County ranked 5th, 7th, and 8th, respectively.Plus, job growth has helped fuel our state’s housing market. In fact, California produced nearly one-third of all new jobs across the U.S. in August!

Inland Empire witnessed over 33,000 new jobs between August 2013 and 2014 thanks to new development in the construction industry. Orange County’s 5.4% jobless rate marked the lowest level in Southern California during August. And California’s overall 7.4% jobless rate for August showed a drastic drop from its 8.9% high earlier this year.

With all of this positive growth, it’s easy to see why experts are predicting a double-digit percentage increase in home sales in 2015. So if you want to get in on all on the upcoming housing market action, contact your loan officer today to see what mortgage rates and programs are available to you.

Or Call Scott Gibson from JMJ Financial at 714-812-4000

Kurt Galitski

Meet Kurt Galitski - The Kurt Real Estate Group, your new best friend. Distinctive Strategies that Deliver Record-Setting Results. When you combine Kurt’s passion and knowledge of the real estate market, you really gain an appreciation for what makes Kurt different. But what truly sets him apart from the crowd are his 5 distinctive strategies and his property management… For Kurt, getting into real estate was not an accident, it was a deliberate and calculated decision to deliver a better experience to home buyers, sellers, and landlords that they have ever received before. Today, you could ask any one of hundreds of clients, read his Yelp reviews, or look at his track record of being featured in Orange Coast Magazine in excess of eight consecu­tive years and you too will say mission accomplished. www.KurtRealEstate.com www.KurtPropertyManagement.com 877-957-6677

More Posts - Website

Follow Me:
TwitterFacebookLinkedInGoogle PlusYouTubeYelp