Sunny California is one of the hottest real estate marketplaces in the world and over the last few years California has noticed a lot of changes within it’s real estate market! California has always been known for it’s incredible beaches and activities, which makes it one of the most perfect places for a vacation home or a more permanent place of residency for anyone that wants to live in one of the best states in the country! In the past, California has been known as a realtors dream come true especially with it’s explosive growth potential. In most sections such as Beverly Hills, and Huntington Beach the prices of real estate properties went up as much as 200% in some areas. This was an impetuous change in monetary value making real estate in Cali very hard to afford!
However, this price change let everyone know that California was very sought after for real estate. Even though the prices were really high, this also changed the entire economic structure throughout California, leading to more business organizations, work opportunities, and a lot more income. Even though it added more opportunities, the economic maturation also helped to make the state of California a very expensive state to live in.
In the future, California real estate will remain to be a popular place to buy real estate, although the trend of high and low will incessantly be there as with any other place, California is still one of the best states in the country to live in no matter how much the real estate trends tend to fluctuate. Some of the best cities within California to consider are:
Mission Viejo
La Jolla
Catalina Island
Laguana Beach
Eureka
Check out some of the prices in these areas, I think you will be pleasantly surprised! For example, a three bedroom 2.5 bath in Mission Viejo is a mere $470k and it’s really beautiful inside and it’s been recently remodeled so you know everything is really new and clean along with extra additions like a custom built office / art studio. The house is a little older but for the neighborhood and the upgrades in the house, it’s worth it. In particular, Mission Viejo is one of the safest neighborhoods in the area with one of the lowest crime rates, these are the things you should be looking for when checking real estate out! Remember to do your research, it will pay off in the end! This is going to be a house that you are going to be buying and you cant just sell it the same day you buy it. Well you can, but imagine the profit loss and the fees and all the problems you will incur!
This author is a HUGE fan of California real estate listings
[tags]real estate,california,mortgage,homes[/tags]
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