Real estate has always been one of the important economy indicators. It shows an economic slump or an improvement. Every real estate sale generates business for all parties involved in the transaction as well as home improvement stores, remodeling contractors, appliance manufactures, builders etc. New homeowners often buy new appliances, remodel kitchens and bathrooms, paint, buy furniture.
South Bay real estate market has improved. Additional home sales in the past couple of years have undoubtedly contributed to the local economy. Rising South Bay home prices increased home equity for our homeowners thus enabling them to take up home improvement projects. Per California Association of Realtors, new homeowners spent $18 billion on home improvement projects.
If you are considering selling your home or just want to find out the value of your South Bay home, contact me anytime at (310)918-5027 or fill out the short form below to get a Free home evaluation.