Housing to Drive Economic Growth (finally!)

Economists say this could finally be the year that housing lifts us out of the recession doldrums and that the housing recovery will be the primary driver of economic growth. According to a CNNMoney article, home sales have rebounded to the strongest level in five years, as homebuilding has bounced back to levels not seen since early in the recession. Near record low mortgage rates, rising home prices and a drop in foreclosures have combined to bring buyers back to the market.

With that being said regarding the national state of the economy, I have to agree that it is much the same here in Kingsburg. Inventory continues to drop, the number of days a home is on the market is getting shorter and demand continues to rise. Our inventory of homes for listings within the 3bed/2ba, 1200 to 1500 square foot home range is negligible. And when they do hit the market, we are typically receiving multiple offers very close to or at asking price, if they are in good condition and priced well.

So now is the time to list your home. Get top dollar for it and get it sold quickly. Remember ….. spring is the very best time of the year to sell your home.

And speaking of listings, if you are interested in purchasing a second home or even moving to the central coast, we now service the area from San Simeon on the north to Santa Maria on the south. Let us help you search for that perfect weekend getaway.

Watch the video blog below to catch up on local community events.

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