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Posted on April 1, 2021

When to buy and sell land in California

When does California land value increase?

What happens when you own the land in California and the population around it increases? It means that new jobs are coming to the area. What other thing? The money goes to the local economy. New infrastructures are taking their blue suede shoes and jumping onto the real estate dance floor, including business centers, manufacturing industries, and power plants. Homes, schools, parks, hospitals, and shopping malls around California are flourishing! As the local economy expands, recreational centers such as golf courses and theaters emerge. Then the artists represent the convergence of old local customs and new styles of the city and guess what? You earn money! Not only is it exciting to be in the middle of this land development in California, but more importantly, you have a good chance of making money on your land for sale in California above what you paid for.

Simple economics of supply and demand shows that the opposite occurs when people begin to leave an area. For example, when the devastating Hurricane Katrina ripped through New Orleans, Louisiana, it caused the housing market to crash because everyone had to flee.

Knowledge of population patterns is very important to buying land in California and selling land in California. The following table shows how California’s total population has increased at an average rate of more than 1% per year between 2001-2004.

When looking at lots of land for sale in California based on 2001-2004 county population statistics, the population growth patterns of lots of land for sale in California of the 20 largest counties in the state show how real estate in the state Los Angeles County outshines the other counties by the size of their population. Orange County real estate has the second largest population size. Real estate in southern california [http://www.southerncaliforniarealestateagent.com] Altogether it has 6 out of 6 counties on California’s most populous counties list, yet 7-10 is dominated by counties in the Northern California real estate hemisphere so they’re there too. The weather is what remains the deciding factor for people moving to Southern California.

The population growth trends for the state of California by the 20 fastest growing counties are as follows: The notable trend is that the counties closest to real estate in Los Angeles County CA and the Bay Area San Francisco experienced the most growth. Placer County and Riverside County real estate are the top two areas with the fastest population increases in recent years, growing at an average rate of about 5% annually. Both are adjacent to the major metropolitan centers of Los Angeles and San Francisco. Placer County is adjacent to the Bay Area and Sacramento County, CA. Riverside Land CA is a stone’s throw from Los Angeles County lands. The top 3-5 locations (Madera County CA, Calaveras County CA, and San Joaquin CA) are also in Northern California, further away from the expensive San Francisco area. They enjoy an average growth rate of around 3%. The 6-7 points still grow about 3% a year (San Bernardindo County CA real estate and Kern County real estate)

The population growth patterns for the state of California in the 20 slowest growing counties are as follows: the most notable pattern is the exodus of real estate from San Francisco County CA. “Your prices are killing me Larry!” That’s because the median home price in San Francisco in 2006 was above $ 650,000. Of all California counties, San Francisco had the worst population growth rate at negative 1%. However, I can vouch for those who go to the county, because the views are spectacular in San Francisco and the people are great, they are very smart and stylish. Stylish … hmmm Is that a word? It might be legit one day! Santa Barbara in Southern California also experienced a decline in population size probably for the same reason as San Francisco, what a beautiful place Santa Barbara has become and by the way it tops the list of the most expensive homes to buy! sale in California! [http://www.southerncaliforniarealestateagent.com/southern-california-homes/southern-california-homes.shtml] with the highest median sales price for California homes in the Southern California region at $ 1,190,000.

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