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Interesting Facts About
California's Real Estate Market
Home Values Gone up over the past year & Expected
to increase within next 12 months
The U.S. negative equity rate – the share of mortgaged homeowners that
are underwater, owing more on their home than it is worth – fell to 13.4
percent in the third quarter, from 14.4 percent in Q2 and 16.9 percent a year
ago.
6.3% increase in existing
home sales projected for 2016
2.5% Anticipated
growth
percentage in
employment in
2016
Los Angeles
Highest percentage of renters in the state at 52%
New Port Beach
Most expensive real estate market in
California, with the median price of
an average home sitting at $2.29
million.
67% Real Estate Investor in California who paid
cash for their properties.
71% Buyers are optimistic about
the future of the housing market in
California, which was 67% last
year.
Average annual gross yields on single
detached home rentals in Southern California.
Properties purchased by California compared
to other property types is 87%
For more information….
http://superzinggs.com/
realestate@superzinggs.com
(951) 757-0681
31620 Railroad Canyon
Road, Canyon Lake, CA
92587
Follow us online …
https://twitter.com/SuperZinggs
https://www.facebook.com/superzinggs
https://plus.google.com/u/0/+Superzinggscoldwellbanker/about
https://www.pinterest.com/robynzingg/boards/
https://www.youtube.com/channel/UCIRdSz1ao-9bKpNQ2unIJEg
Interesting facts about california's real estate market

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Interesting facts about california's real estate market

  • 2.
  • 3. Home Values Gone up over the past year & Expected to increase within next 12 months
  • 4. The U.S. negative equity rate – the share of mortgaged homeowners that are underwater, owing more on their home than it is worth – fell to 13.4 percent in the third quarter, from 14.4 percent in Q2 and 16.9 percent a year ago.
  • 5. 6.3% increase in existing home sales projected for 2016
  • 7. Los Angeles Highest percentage of renters in the state at 52% New Port Beach Most expensive real estate market in California, with the median price of an average home sitting at $2.29 million. 67% Real Estate Investor in California who paid cash for their properties.
  • 8. 71% Buyers are optimistic about the future of the housing market in California, which was 67% last year. Average annual gross yields on single detached home rentals in Southern California. Properties purchased by California compared to other property types is 87%
  • 9. For more information…. http://superzinggs.com/ realestate@superzinggs.com (951) 757-0681 31620 Railroad Canyon Road, Canyon Lake, CA 92587
  • 10. Follow us online … https://twitter.com/SuperZinggs https://www.facebook.com/superzinggs https://plus.google.com/u/0/+Superzinggscoldwellbanker/about https://www.pinterest.com/robynzingg/boards/ https://www.youtube.com/channel/UCIRdSz1ao-9bKpNQ2unIJEg