Prices Are Going UP In California
Data quick reported its statestics for California in the month of March. Our paices are going up each month and it was not any different this March. They went up 8.3% in a single month. However, year over year we have seen a 24.7 percent. These type of increases have help those looking to refi their homes rather than trying for a loan modification. It also helps the homeowner gain an equity position in their home.
With the positive info and the consumers understanding of the fast growth, many want to wait for more growth and perhaps stay in there home with a new loan. That leads to our low inventory. Even still the market is improving and the prices are being pushed from the bottom up. The starter homes have so many offers they are jumping up fast. That pushes and bumps into the next level of homes.
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