Inland Empire real estate cooling
According to a LATimes article, In Riverside County, Housing Market Shows Definite Signs of Slowing, "Southern California's hottest housing market is experiencing a bit of a frost".
Riverside and San Bernardino Counties, with their growing populations and relatively low land costs, have been one of the steadiest and fastest-growing markets in California.
In the last three years, the median price for new and resold homes in Riverside County has soared 55%, but that growth in home price has slowed considerable in recent months, even reversing in some areas.
For more on this Southern California real estate article, click here.
Riverside and San Bernardino Counties, with their growing populations and relatively low land costs, have been one of the steadiest and fastest-growing markets in California.
In the last three years, the median price for new and resold homes in Riverside County has soared 55%, but that growth in home price has slowed considerable in recent months, even reversing in some areas.
For more on this Southern California real estate article, click here.
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