If you have been considering buying a home in Southern California the past few years, odds are the options have been slim to none. As a first time home buyer it’s always nice to have a lot of options, but with Southern California being such a desired location it makes the market that much more competitive. According to Real Estate professionals in this area, they are starting to see more houses on the market since prices are still relatively high. This is great news for buyers, especially with interest rates still being lower. If you are a buyer looking in Southern California with a budget higher than $500,000 then your odds are much higher of finding a home. Anything under $500,000 that is in good condition usually flies off the market!! The housing market seems to have a nice balance right now between sellers and buyers. It is not hard to understand why “Socal” is such a desired area to live in. With picture perfect weather almost all year long and some of the most beautiful beaches in the country, Southern California truly portrays paradise. So far in 2015, it seems like the housing market is on its way up! For more information on the Southern California housing market please read the full article below!!
http://www.latimes.com/business/realestate/la-fi-home-sales-20150318-story.html