California Improving Markets

 

Wall Street Journal published an article about dirt cheap lots and land rapidly increasing to pricey commodities.  It sparked my interest, so I researched some available lots and lands in San Benito County through the MLS and about 20% have increased their price recently.  Home builders are swooping up the land, getting the permits, and selling them to eager home buyers.  Take a look at the chart below of major California cities that have seen an increase in permits.

ImprovingMarkets

 

Read the Wall Street article here.

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