Could the OC real estate market really be picking up? We’ve all heard rumors, but until this breaking news report, that’s all it was: hearsay. Now we know it’s true and that at least one aspect of the OC real estate economy is on the rise.
According to a US Labor Department report, California had the largest construction gain in the nation in February — adding 15,500 jobs, or 2.7 percent, from January. Following California in fast-growing construction jobs was Georgia, (5,000 jobs, 3.7 percent); North Carolina (4,500 jobs, 2.7 percent); and Florida (4,400 jobs, 1.3 percent). This is great news for workers and for real estate afficianados.
Whether you are looking to buy or sell a home, now is the time. With an influx of new homes to the area, it could drive demand, and therefore prices, down. This means that if you are a homeowner contemplating a move, call Cheryl Marquis today — and make sure you get the most money for your home that you can.
Many Southern Californians have been able to find affordable housing. With new home construction on the rise, and a real estate market that is not extremely over-inflated as in previous years, this might change.
Remember, it doesn’t matter if you want to buy or sell real estate — with the market like it is, there’s no time like the present! Call Cheryl today.