It is an exciting time to have a California real estate license. The real estate market turnaround is in full swing across many areas of the state. Real estate careers are in demand, especially in states experiencing the strongest signs of market recovery. California is one of the states at the forefront, and if you hold a California real estate license, 2011 and beyond are looking promising. If you have ever considered a career in California real estate, right now is a great time to get started.
The requirements to earn a California real estate license are much easier that you may expect. You must be at least 18 years old and a resident of California without a record of criminal behavior. Three real estate courses are prerequisites to the California real estate license exam. The first is a 45-hour course in Real Estate Principles, followed by a 45-hour Real Estate Practices class. The final 45-hour course is elective. You have the option to choose from a selection of approved finance type real estate courses like appraisals, real estate accounting, or mortgages.
The California real estate market is getting stronger. Home prices are rising in many areas of the state and sales are beginning to rise as well. The median sales price of homes in the Los Angeles area have gone up more than 5% over the same period last year, and the story is the same all over the state. Many people that had stayed on the fence hoping for even better deals on home pricing have started to buy as the home prices begin to increase. The strengthening real estate market makes now a great time to make a move to a career in California real estate.
Although the tax incentives offered by the federal government expired earlier this year, the state of California offers a number of assistance programs to assist with such costs as down payment and closing costs. Incentives for first time home buyers and California's other assistance programs are helping to increase market activity. The increasing market activity is increasing the demand for qualified professionals with a California real estate license.
Timing is crucial to success in the real estate market. Starting a career in California real estate while home prices are on the rise means will put you in an ideal position to maximize your potential success. The lowest interest rates in history and the best pricing for buyers that the real estate market in California has seen in decades will continue to fuel the California real estate market recovery generating even more opportunity for anyone starting a career in California real estate.