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California Reopens – What Does It Mean for Housing?
California Reopens – What Does It Mean for Housing?
Jamie Duran, President of Coldwell Banker Realty throughout Southern California made the following observations about the June housing market as California has officially begun its long-awaited reopening.  Duran said, “as the market continues to pull away from the pandemic it appears as if demand has levelled off at a point that still marginally exceeds new
SoCal Real Estate Market Reports Record Highs, Monthly Volume Up 141% Year over Year
SoCal Real Estate Market Reports Record Highs, Monthly Volume Up 141% Year over Year
Consumers are continuing to show high confidence in the real estate market with record numbers across Southern California, including a monthly year over year increase in volume of 141%.  The number of homes sold increased 69%, prices increased 43%, and monthly supply declined 56% compared to April of 2020 when the market was just beginning