The name California comes from the Spanish writer, Garci Rodriguez de Montalvo, who wrote of Calafia, the black queen of a tribe of Amazon women warriors who inhabited the island of California. The only metal on the mythical island was gold.
“Know ye that at the right hand of the Indies there is an island called California, very close to that part of the Terrestrial Paradise, which was inhabited by black women without a single man among them, and they lived in the manner of Amazons. They were robust of body with strong passionate hearts and great virtue. The island itself is one of the wildest in the world on account of the bold and craggy rocks.
Whether myth or reality, the Golden State still attracts people from across the country and around the world. Be it the weather, recreation, job market, surfing the Pacific or skiing Tahoe, people come to live in California.
And Los Angeles, with its perennial sunshine, movie stars and job market, is a magnet. Those people need places to live, a need which has driven an expanding Los Angeles real estate market for decades.
And, according to predictions, prices will continue to rise in Los Angeles County, at least through 2020.
Inventory in short supply coupled with a strong job market and still historically low (but increasing) mortgage rates all point to rising real estate prices for the foreseeable future.
If you would like to see what is available on today’s market in the land of Amazon women and gold, give us a call.