Migration influences California’s housing market by Elaine360

houseTotal migration into California decreased slightly in 2012, with a net migration gain of just under 100,000 individuals. However, 2012 gains were due entirely to individuals relocating to California from other countries.

Domestically, more people left California in 2012 than moved in. Thus, California’s long-term trend in negative domestic migration continues.

Read more from the journal here

Elaine                                                     
DRE #00598428
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed

“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”

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