Staying Positive on Real Estate
Did you know that February 2012 marked a slight increase in home prices nationally? Compared to February 2011, home prices rose .3 percent. This may seem like an insignificant statistic but this was the first yearly increase since November 2010. According to the New York Times, some economists are pointing to this as a positive sign for the real estate market. In Costa Mesa, the average sales price for homes also was higher in February 2012 than January 2012. Take A Look At The Numbers: -January 2012: $426,815-February 2012: $445,181 If you’d like more information on the Costa Mesa real estate market, please contact us today: 714-540-7355info@torellirealty.com