Showing posts with label California. Show all posts
Showing posts with label California. Show all posts

Wednesday, March 18, 2009

The State of California's Real Estate Market

Many market conditions point to a healthy return of the housing market in California. Although, prices may not rebound at rates they did in the early 2000's, they also may stop falling any lower than they are now. That is only one reason to buy now.
Other reasons to buy now: Shrinking Inventory, Congress Driven Low Interest Rates, Cash Flow for investors, Homes are selling below the cost it takes to rebuild, etc...
Take a peek at this recorded webinar for a market update, and some great sample REO opportunities.


Sunday, January 11, 2009

Thinking about investing in Temecula, CA?

WE DO!

Temecula may have its share of foreclosures. But that doesn't mean it's a bad real estate market. Sometimes, prices get ahead of the median incomes in the area, and that makes real estate unaffordable. Affordability is a key index for a healthy real estate Micronomy.

A Purchase at the peak of this market may have led to disaster, but we predict as prices have declined, affordability has reset itself again. And the fundamentals of this area between Orange County, San Diego and the Inland Empire, make for a strong recovery.

Incomes, Education, and Job Oppornities are impressive in all categories.
Expect steady appreciation in the future, however, nothing volatile or exuberant that led to our recent decline.



Presentation shows demographics, statistics, geography and quality of life.

If you are interested in opportunities in the Temecula Market, give me a call immediately. Or stay tuned to the blog for more.

Steve Roesch
Market Advisor
503-213-3550
Steve@NorthPointGroup.com