California, The Comeback Kid Of The Housing Recovery

AOL Real Estate put California up on a pedestal last week when it wrote about the state’s current performance in the housing market, and rightfully so. California has seen incredible gains, posting double-digit hikes on a year-over-year basis for eight consecutive months. The dramatic upswing, also shows California as one of the top states where home list prices are rising the fastest.

According to Realtor.com, the state of California has six of the top seven cities which saw list prices jump more than 20% year-over-year. Some experts warn this indicates conditions that point to another housing bubble, while others quell these fears with pertinent data that says otherwise. No matter what side of the fence you are on, some things are apparent: bidding wars are cropping up all over the state, steep inclines in housing prices continue to spike the market, and open houses are attracting a frenzy of house hunters. Encouraging signs for those who wish to sell their home. For more on these compelling implications click here. Find your expert partner in real estate at Sierra Sotheby’s International Realty – brokers who are committed to help you navigate through the ever-changing housing climate. Sierra Sotheby’s International Realty – Dedicated to the extraordinary. The exceptional. The unique.