This article was originally published by the California Association of Realtors in June 2013, and we believe it applies to our Orange County Market:
Top 10 Reasons to Be Optimistic About the Housing Market
1.Home Values have been rising.
2.More new households are forming.
3.Foreclosure starts are falling to pre-housing-bust levels.
4.Interest rates should remain low through next year's selling season.
5.Loan demand for home purchases is climbing.
6.More Americans say is a good time to sell.
7.The number of improving housing market is going up.
8.Housing starts are picking up as builder confidence increases.
9.As housing values rise and equity returns, fewer homeowners are underwater.
10.Real Estate is contributing to an overall economic recovery.
There's many statistics and reports supporting these facts for this summer. Are you ready to start looking for your new home? Do you have a home that has equity, and you are ready to move up? Our agents at Realty Executives OCDreamhomes know the local markets extensively and are ready to help. Contact us today!