Great Time for Investors, Sellers Now Hold the Upper Hand (For the Time Being)

Likely in response to the state’s dwindling inventory, home prices are climbing once again.  In California’s 10 largest cities, the median list price increased by a whopping 20 percent on average from January 2012 to January 2013

Inventory is Low:

Prices are Higher:

California Median List Price Change Year Over Year

There is a rise of cash-in-hand buyers.state-of-the-california-real-estate-market

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