The Great Migration
Today’s hot real estate market is definitely the talk of the town, and I would like to share my insight about what is happening. Yes, historically low interest rates are a big attraction for buyers and they are definitely adding fuel to the fire. But there’s more to it than that. What I am seeing is a great migration of our workforce in Southern California.
This year we are witnessing a migration out of those cities to communities like ours
, where demand has skyrocketed and inventory is scarce. I don’t see this changing anytime soon. I believe that this market is more than just a quick trend, as people are setting up their lives in new places. It’s not just happening in San Clemente
—it is taking place all over the United States, with similar trends in Idaho, Arizona, Texas and Tennessee, where rural areas are rising in popularity.
To read more about the current market in Talega, check out this month’s GREEN sheet!
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