California Housing Market

California Housing Market

San Diego Real Estate broker - http://www.brokerforyou.com/

California Housing Market

The National Association of Homebuilders just released a report listing US housing markets showing measurable and sustained improvement from their respective market troughs in housing permits, employment and house prices for at least six consecutive months.

This latest report includes 73 metro areas that held their position on the list from last month as well as 11 new metro areas.

It's speculated that the modest improvement in this improving market index indicates that individual housing market are regaining their footing despite some recent reports of weakening in the broader economy.

Now, for an inside take on this report, which I estimate the vast majority of news outlets won't mention, is that when one looks at the individual markets noted in the National Association of Homebuilders Improving Market Index, of the 84 metro areas listed, just one is in California!

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Bob Schwartz, San Diego real estate broker - CA Lic. # 00706331