There are some good news on California housing markets released in December to share with you:
- First: Home sales in California increased 4.7 percent in November compared with the same period a year ago, while the median price of an existing home rose 5.8 percent.
- Second: The median home price in California has risen nine consecutive months in month-to-month comparisons, this continuous rise means more than one single month rise as it finally gives us a nice upward trend.
- Third: November marked the first time California’s median home price has risen in year-to-year comparisons since August 2007.
For home owners, this is sure to help warm your heart in addition to the Christmas candles. For those who are going to buy a house, these are strong signals to tell you not to wait any more. Also, if you are considering to move up, there is a $6,500 tax credit waiting for those who can qualify – What a nice gift!
For everybody, Happy Holiday and see you next year!
Email me or call me at 408-799-2558 if you want to discuss further on how you can qualify for the $6,500 tax credit if you move up.
