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California Ranked 3rd Best U.S. Home Market

Jonathan Lansner of the Orange County Register reported California had the nation’s third-best housing market in September, according to CoreLogic report.

Tops on the list for year-over-year price gains for all transactions-distressed sales, included – was New York (up 2.67 percent) then North Dakota (a 1.73 percent gain). After California came Nebraska (+.78 percent), and Virginia (+.77 percent).

With median home prices seeming to have finally begun to stabilize in 2010 in many markets across the nation and lackluster sales volume year over year means buyers are going to be greeted with the lowest purchase prices, higher inventory levels, low interest rate, plus special down payment assistance and new home builder incentives. So in California there has never been a time to take advantage of the market, while enjoying the economical and environmental benefits of owning a new home.

Don’t be caught sitting on the sidelines waiting for the right time – as it is right now. Start looking to the future of a new neighborhood, home and helping the economy rebound by purchasing a new home and creating a new vision for your future.

Look to communities and homes that are located in premiere areas, offer the latest and greatest energy features and create a sense of neighborhood. Invest in your future by purchasing at what will most likely be the best buyers market in the history of the U.S. Housing market.

Contact a Castle & Cooke sales associate at 661-664-6039 to start your search today.


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