According to realtor.com®'s analysis of January 2020's real estate data, California markets are once again heating up, with low mortgage rates compensating for affordability. Contact us for more knowledge and strategies.
California Markets Make a Comeback in January, but Affordability Is Still Key
"As we look back on the first month of 2020, it seems that the new year has indeed brought changes to the real estate market. An analysis of realtor.com® data for January shows that California markets are again buzzing with real estate activity, even as affordability continues to be a driving factor across the country.
California markets made up 10 of the top 20 metros in realtor.com's monthly list of the hottest real estate markets in America. The ranking is based on the number of listings viewed per market, and the number of days that a home takes to sell. In other words, it reflects the eagerness of buyers in searching for and snapping up homes."
