If you are thinking of selling, you will be pleasantly suprised to see how much your home will sell for in today’s market. There are multiple offers and bidding with cash investors helping generate the excitement in the market. Low inventory is causing buyers to write offers with no contingencies to be competitive and get their foot through the door. Now more than ever before, you need a professional on your side to assist you in achieving your real estate goals.
LA Times – By Alejandro Lazo – March 26, 2013.
A leading index of home prices in 20 American cities recorded a sharp 8.1% year-over-year increase in January, underscoring the vigor of the recent housing recovery. In California, Los Angeles was up 12.1%, San Diego, 9.8%, and San Francisco, 17.5%. “This marks the highest increase since the housing bubble burst,” said David M. Blitzer, chairman of the index committee at S&P Dow Jones Indices. The increase in home prices is part of a broader recovery in housing that began last year. Single-family home building permits and housing starts have also shown improvement recently, while foreclosure filings have waned.
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