This Spring, Strong Signs Boost Costa Mesa Seller Optimism
Posted by Matt Kanoudi on
As the traditionally fast-moving spring real estate market nears, Costa Mesa sellers who will be listing soon have multiple grounds for optimism—with the scarcity of available properties being the most widely publicized. Now it appears that the long-standing national shortage isn’t just continuing: it’s widening.
According to the latest quarterly report from the National Association of Realtors®, buyers in nine out of ten markets they tracked could find 8.5% fewer homes for sale than had been available just one year before. That was in addition to the host of sunny economic conditions (a “soaring stock market, good economy, and low interest rates”) that were further motivating prospective homebuyers. If the number of local listings echoes…
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