California Housing Market is on Fire

CBIOOC_Riviera-2675California home sales in June and July reached a nine-year high, rivaling the numbers we saw in 2006 before the national bubble burst. Employment gains and low borrowing costs are encouraging trade-up purchases, further fueling the economy. This combined with solid demand and a statewide 6.4% increase in the median existing-home price, indicates an even stronger housing market for California. See what’s moving at ColdwellBankerHomes.com.

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