Holding the unique position of real estate agent in California gives Lacy Burke access to the important figures and projected housing trends
in his state. He is happy to report that while the housing slump has not
completely diminished, it is surely on the rise. In the past two years,
the sales of existing single family homes had been stagnant, and are
now improving. The average home sale price also increased in the last
year, by 9.8%. This is excellent news for Californians who are
considering a home sale in the next year. Though raising the price on
your home to an outrageous amount is not going to be fruitful, you will
be more likely to get a fair price for your home in 2016.
In Southern California, especially the regions of Orange County and San Diego, the number of homes being sold have still continued to decrease. However, the homes that were sold in the last two years were signed at a final price that was higher than previous years. This trend has added to the appreciation of the homes in the area. This means that those properties are retaining their value for longer. This is beneficial for both sellers and buyers. Lacy Burke enjoys tracking these trends, even in a sluggish housing market. Following the ups and downs is a part of his job that he is skilled at, and it is something that he likes to discuss with others.
In Southern California, especially the regions of Orange County and San Diego, the number of homes being sold have still continued to decrease. However, the homes that were sold in the last two years were signed at a final price that was higher than previous years. This trend has added to the appreciation of the homes in the area. This means that those properties are retaining their value for longer. This is beneficial for both sellers and buyers. Lacy Burke enjoys tracking these trends, even in a sluggish housing market. Following the ups and downs is a part of his job that he is skilled at, and it is something that he likes to discuss with others.
