The Housing Recovery is “Now” the Housing Boom in Southern California…

By
Real Estate Broker/Owner with Kolsky Realty & Management 01311273
http://activerain.com/droplet/YyV

 

The Housing Recovery is “Now” the Housing Boom in Southern California…

 

Thinking about selling your home, sellers are you paying close attention “if not you should be? I am glad it is just a handful of jokesters Economist because it becomes a joke at this point for an Economist to say “the housing bubble is not over yet”

 

Here are some sobering facts for the Economist that has doubts the housing market bubble isn’t over “home prices jumped over 28 % over the last year. The housing hysteria in Los Angeles is in full swing, especially over the last year. Bear in mind, that only a few short years ago, we suffered the biggest housing bubble. The Housing Recovery is “Now” the Housing Boom in Southern California

 

For buyers right now they have problems, and for sellers right now they are not, right now it is a seller’s market as the experts say “officially” the housing recovery is now a housing boom. It is truly becoming an issue of supply and demand, and there are simply not enough homes for sale to satisfy the influx of buyers that have blanketed the market.

 

 

The perfect storm of affordable interest and low inventory has taken hold of the current housing market conditions and breaking year-over-year median home values price gains in Los Angeles. As home values rise to new heights, sellers are taking full advantage of this housing mania that’s taking place. If you are thinking about selling your home, “congratulation” it is the perfect time as buyers are over bidding each other. The Housing Recovery is “Now” the Housing Boom in Southern California

 

 

 

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Rainer
323,872
Scott Larson
BHHS/Utah Properties - Park City, UT
Park City, Utah Real Estate News

We are in a pretty balanced but highly segmented market here in Park City.  Some segments are booming while others like ski condos and many second homes are lagging considerably.

Jul 18, 2013 04:26 AM #1
Rainmaker
1,326,115
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hello Jon, Sellers should certainly take advantage of the "Seller's Market" none of us really know what tomorrow holds. We can certainly look at the numbers and make an educated guess but anything could happen that would reverse the situation. Why not take advantage of the current and list now.

Jul 18, 2013 05:22 AM #2
Rainmaker
1,193,639
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Scott~ I think our market mirrors yours in many ways, and because of So Cal being so big "some sectors are not as hot as other sectors....Great point..Thanks!

Beth~ I hope they do to because sellers are liking the current conditions....Great point and thanks for the comment....

Jul 18, 2013 05:54 AM #3
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Rainmaker
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Jon Kolsky

Licensed California Real Estate Broker
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