Is this a sign that the worst is over in the California housing market?

By
Real Estate Broker/Owner 01293735 CA

For 3 months in a row , Californias total housing starts are up. What this means to us as California residents is that building permits for new homes is no longer standing stagnant. With a 45% increase in San Bernardino and Riverside counties permit activity it is a good sign that times are moving forward not backward.

Is this a sign that the worst is over in the housing market? Obviously, we did not fall upon the crashing market overnight, so time is key. It will take time to recover, recoop and move forward. The good news is we are seeing signs everyday that things are moving in the right direction

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Kathy Schowe 05/12/2010 01:01 AM
Topic:
Real Estate Market Trends
Location:
California
Groups:
Southern California Real Estate Forum
Realtors®
LA Connection
Independent Brokerages
Golf Course Communities
Tags:
california housing market
california real estate
the lori bowers group
coachella valley

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Rainmaker
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Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Hope so!    I find that what happens in your market area occurs in mine within a year.   

Apr 28, 2010 12:03 PM #1
Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I hope the COUNTRY'S real estate markets turn around, and our government is still in one piece!

Apr 28, 2010 12:04 PM #2
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