• (714) 336-3375
  • info@momentumrg.com
  • NMLS #313044
  • CBRE #01364278
  • LISTINGS
    • FOR SALE
    • FOR LEASE
    • SOLD
  • ABOUT
  • FAQS
  • PROPERTY MANAGEMENT
    • Property Management
    • Multi Unit Management
  • NEWS
Menu
  • LISTINGS
    • FOR SALE
    • FOR LEASE
    • SOLD
  • ABOUT
  • FAQS
  • PROPERTY MANAGEMENT
    • Property Management
    • Multi Unit Management
  • NEWS
Search
Close this search box.

Housing Recovery Officially in Full Swing, Data Suggests

Housing Recovery Officially in Full Swing, Data Suggests

  • January 22, 2013
  • Amy
There have been numerous signs of a general recovery in the housing market after the significant downturn of a few years ago, but data suggests that a full recuperation is now underway and should continue throughout the year.

Great time to invest in Orange County Real Estate

There have been numerous signs of a general recovery in the housing market after the significant downturn of a few years ago, but data suggests that a full recuperation is now underway and should continue throughout the year.

Momentum Realty Group and others suggest an appreciable improvement in property values across the top 100 metro areas nationwide in the 12-month period ending Dec. 1, 2013, according to new data from Veros Real Estate Solutions.

In all, about two-thirds of all 100 major metro areas will either see prices hold steady or rise in 2013, the report said. Strong areas within Orange County include Huntington Beach, Seal Beach, and East Long Beach Real Estate markets.

Related: Find Homes for Sale in Your Area

That trend, coupled with others seen in recent months across the industry, will likely be a boon tosales nationwide, and that in turn could spur further economic recovery, the report said.

“Great affordability and low interest rates are also causing significant demand,” said Eric Fox, vice president of statistical and economic modeling at Veros. “The low supply and high demand, in conjunction with the Phoenix area’s lower unemployment rate of 6.8 percent, compared to the national unemployment rate of 7.9 percent, sets the stage for it to be 2013′s top performing market.”

Home loan interest rates were below 4 percent for all but one week in 2012, and thanks to the Federal Reserve Board’s commitment to qualitative easing, it’s believed that rates will remain in that neighborhood for at least the next year or two. That, in turn, could entice more borrowers to seek out new home loans and buy more property as the economy continues to improve.

Orange County Real Estate

 

Share:

More Posts

Mobile Real Estate Made Easy

At this day in age, almost everything has some aspect of social media attached to it and most information can be found online. Real estate

10 Helpful Ways to Organize Your Home

Did you just purchase a new house? Are you in need of some organizational guidance when it comes to moving into your new home? Or,

5 Things to Consider When Choosing the Right Neighborhood

There is a never-ending checklist of things one must remember to keep in mind when it comes to selecting the best neighborhood to live in.

How to Make Your Open House Effective

An effective open house is a valuable tool to increase the price of your home. To impress the potential buyers, you have to do something

Send Us A Message

PrevPreviousThe 10 Healthiest Metros for Housing in 2013
NextOpen House Review: 204 Geneva Ave, Huntington BeachNext

START RIGHT NOW

(714) 336-3375

1451 Quail Street, Suite 110B
Newport Beach, CA 92660

Momentum Realty Group was founded by Karl in 2009 to help others achieve the dream of ownership and peace of mind. With over a decade’s worth of experience in real estate, Karl designed Momentum to break the mold of the traditional brokerage model and put primary focus of all transactions on the “why” of his clientele. 

NAVIGATION

  • LISTINGS
    • FOR SALE
    • FOR LEASE
    • SOLD
  • ABOUT
  • FAQS
  • PROPERTY MANAGEMENT
    • Property Management
    • Multi Unit Management
  • NEWS
  • LISTINGS
    • FOR SALE
    • FOR LEASE
    • SOLD
  • ABOUT
  • FAQS
  • PROPERTY MANAGEMENT
    • Property Management
    • Multi Unit Management
  • NEWS

Newsletter

© 2020 Momentum Realty Group. All rights reserved. NMLS #313044. CBRE #01364278.

Twitter Facebook-f Linkedin
The 10 Healthiest Metros for Housing in 2013 Housing Market Investments | Huntington Beach Real Estate | Huntington Beach Realtors Open House Review: 204 Geneva Ave, Huntington Beach

Owning a home is a keystone of wealth… both financial affluence and emotional security.

Suze Orman
30th May 2023 Tuesday!
Momentum Realty Group
  • Login
Forget Password?