A move out of California can be advantageous for residents and homeowners who are looking to save money. In fact, California ranks #5 on the top outbound states for 2020 according to a recent study. However, the California exodus that the media likes to talk about isn’t as dire or
The U.S. is experiencing a housing shortage, and one of the real estate markets feeling the squeeze most is California. Across Southern California in fact, housing inventory has dropped 62.9% year-over-year according to March 2021 data, with only 0.7 months of inventory. That’s a decrease of 52.4% in active homes
According to the Los Angeles County real estate market report for March 2021, inventory is still tight but it’s increased over the last 3 months. And with median sale prices of single-family homes up to $905,000, this spring or summer is undeniably a great time to sell. Homeowners who recognize
According to the latest San Diego real estate market update for March 2021, inventory of single-family homes in San Diego County has dropped 56% year-over-year, and median sale prices are up to $692,000! This spring and summer will be the opportune time to put your San Diego home up for
According to the Riverside County Real Estate Market Update for February, the median sale price for single-family homes is up to $505,000, an increase of 20.2% year-over-year! Helping drive up prices is low active inventory. If you’re in the market for a new home this spring, you need to work with
According to the Orange County Real Estate Market Report for March 2021, the median sale price of single-family homes in OC jumped over $1 million last month, with days on market down to just 26 days. With prices continuing to rise due to lack of inventory, this is a great
The San Bernardino County Real Estate Market Update for February 2021 reveals a seller’s market with rising prices and fast-moving, limited inventory. Single-family median sold prices in San Bernardino County have increased 19.9% year-over-year and homes are spending an average of just 30 days on market. The housing market is
Many U.S. households have had a chance to create healthy savings for 2021, which is expected to help fuel the economic recovery from the Coronavirus. To date, there have been two federal Covid-19 aid packages including a $1,200 check last spring, and $600 in December. Sent to households in need
According to statistics from the California Association of REALTORS®, statewide median home prices reached $717,930 in December 2020, up 16.8% from December 2019. With home values appreciating so rapidly, some are concerned that we may be in another housing bubble like the one we experienced back in 2008. However, let’s
Many people are wondering if 2021 will bring a wave of foreclosures in Southern California after the economic downturn caused by the Coronavirus. Currently, under the CARES (Coronavirus Relief and Economic Security) Act, homeowners have been provided foreclosure and eviction protections in 2020, which was extended through March 31st, 2021.
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