Pending homes sales in the state notched their 5th straight annual gain (up from the previous year). The last three months have actually witnessed double-digit increases over 2014.
While the Southern California pending sales stat was down 10% from March, it was up 13.5% from April of 2014.
A further indicator of the continued strength of the real estate market is the fact that equity sales (non-distressed property sales) increased to 91.9 percent of all home sales, the highest level since 2007.
Whatever your real estate goals, Silverwood is here to help you accomplish them. Please contact us with any questions or if we can be of help in any way.