Written by: Samantha Guarderas

Recently it was discovered that homebuilders’ confidence has increased to a five-year high. This is due to both low-cost property prices and record-low mortgage rates. Currently, these less-expensive properties are attracting buyers and adding to the housing recovery statistics. According to the Los Angeles Times, “resale’s jumped 10.4% compared with the same month last year.” These consistent jumps in numbers over the past year are continuing to provide homeowners and builders with positive attitudes towards the market. While current homes are selling, prices continue to rise. However, this time of recovery is beneficial to many home-improvement companies.

People are choosing to put a lot of time and energy into remodeling projects. For example, Home Depot has just reported their second-quarter earnings, which exceeded previous analysts’ estimates. Optimism is coming from all angles and the future of real estate is bright. We have taken note of this optimism during our open houses where prospective homebuyers are engaged and positive.

Come view our listing on 736 June Street, which was recently remodeled and features a beautiful open floorplan.

The listing agent is Phillip Braunstein.