Projected California Real Estate Trends for 2014

Rick Kurtz serves as the founder and CEO of Resource Dynamics, a California-based real estate consulting company. In operation since 1986, Resource Dynamics has grown into a successful provider of real estate training.

In 1999, Rick Kurtz company became a publicly traded entity on the American Stock Exchange.According to a report released by the California Association of Realtors (CAR), the state’s housing market should continue to see an increase in sales and home prices in 2014. Presented in October 2013, CAR’s report forecasts that California’s housing market will see an improvement that corresponds to the projected growth of the America’s gross domestic product.

Rick Kurtz real estate trends

In 2011, the real estate analytical firm Local Market Monitor suggested that, by 2014, California’s real estate market should show stronger stability. The Federal Housing Finance Agency also stated in 2011 that certain urban markets began to recover in San Francisco, San Diego, and Los Angeles. With an increase in the number of jobs, a decrease in California’s unemployment rate, and lower interest rates, the housing market may experience steady growth. Additionally, the number of underwater homes should decrease while home prices are increasing, bolstering California’s real estate market further.

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