Joe O'Meara & the Team You Need at THRiVE Real Estate

Here is what the California Association of Realtors thinks of the market forecast.  Honestly, they usually seem to put a positive spin on it every year even before the market crashed in ’08 so it doesn’t mean much to me. In a nutshell, here is there take…
Following a dip in home sales in 2016, California’s housing market will post a nominal increase in 2017, as supply shortages and affordability constraints hamper market activity.
 
The C.A.R. forecast sees a modest increase in existing home sales of 1.4 percent next year to reach 413,000 units, up slightly from the projected 2016 sales figure of 407,300 homes sold.