Home sales also remain at historically strong levels, which reflect the demand that is driving prices higher.
Rising rents, new job opportunities and low mortgage rates have change the perspective of buyers to urgent.
Best of Luck,
Century 21 Tenace
Many sales, prices going up!
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If you're a contractor with that many classifications and that much experience I'd be hi tailing it up there if you really want some action. I've been a GC and manufactured home contractor in Cali for 25 years and have been through a few economic cycles as well but I'm pretty busy with my RE brokerage and development biz and have no desire to leave Cali anytime soon.
My truck driving buddy said that they're hiring anybody that can fog a mirror. So with your skills you'd probably be able to just show up with your work truck, strap on your tool belt and get busy. Just thought I'd pass it along
As soon as interest rates go up (and they will, the government can't sustain buying down the rate) your buying power will drop significantly. The mortgage deduction will not go away. Home values will stabilize and remain flat for a while, but long term over 5 years, prices will go up.