Now’s The Time to Sell Your Home!!

Los Angeles and U.S home prices have shown good growth lately.  Nationally, prices climbed 5.43% in December compared to last year.  That’s the fastest climb since July 2014, according to the S&P/Case-Shiller index.  Los Angeles and Orange Counties did even better, with prices climbing 6.17%.  Economists attribute this growth to low mortgage rates and job growth, but the major factor is a lack of homes for sale.

In the Southern California area, there was a 4.8 month supply of homes for sale in January, compared to a 5.5 month supply during the same month in 2015.  The California Association of Realtors places a normal supply at six months.  So if you’ve been thinking of selling, there’s never been a better time to put your home on the market.  And, if you need to make a few improvements before you list your home I can help with the necessary funds to make that happen.  Just e-mail me at “GeorgeNewberry@bhhsCAprops.com”