Riverside Is California 's Largest County

With a growing real estate market, investors can expect a good return on their investment. In addition, the industries within the town bring in new residents and potential business income.

Rolesville, North Carolina residents have long suspected that they lived in one of the most enviable locations in America, but the recent release of Realtor.com’s Top 10 list of America’s Fastest Growing Neighborhoods provides the necessary confirmation. In fact, according to the analysis of data* used for the recent Top 10 compilation, the Rolesville community stands out not only because it’s growing so fast, but because projections indicate the growth will only increase. The debate is over and the experts are agreeing with the residents: Rolesville is officially booming.

“There will be more homes, but there'll be a few more businesses.” Johnson said “I think it’s still a place where people want to live and not necessarily have a

America’s 2008 recession brought on “falling home prices and tight credit; state- and local-government cuts; higher oil prices that stood in the way of economic growth (“Back from the,” 2012). The price of homes dropped significantly pushing the equilibrium price down resulting in a shortage and an increased demand for houses at lower rates. When this occurs, suppliers are motivated to start producing fewer homes until a new market equilibrium price and quantity are achieved. After America’s recovery in 2009, suppliers slowly began to produce more homes and since that time, house prices have gradually increased (“Back from the,” 2012).

I live in Dallas County and I work for the city of Dallas. The City of Dallas economy is growing faster than the state as a whole, creating thousands of new jobs and also leading the nation in net in migration as people moved here from other states that still struggling from the roller-coaster economy of the past few years. This Strong population growth leads to job growth, which outgrowths construction, home buying and rentals, retail sales and demand for services; as a result, home prices continue to rise in North Dallas as the number of homes for sale falls. But not all is great In “The Big D “, The new construction and the effects of the good economy is not everywhere in the city, many areas in South Dallas look like another third world

Gentrification is the process of buying and renovating houses and store the housing in urban neighborhoods, which results in increase property values and replacing the lower income and small businesses. Once gentrification happens, rental units are often change to a more luxury housing or condominiums that are available to be purchased. As real estate changes, land use is also altered. Before the gentrification happens, the area usually consist of low-income family housing and sometimes light industries. But after the gentrification, it shifts the housing in an urban community lifestyle, along with businesses, office, restaurants, retails, and other form of entertainment. Because of this gentrification, it significantly affects the area’s character and

It is worth noting the difference between gentrification and “incumbent upgrading” in which current residents improve the neighborhood’s housing value with no apparent population change (McDonald, 1986). Furthermore, McDonald stated that the mere increase in value of real estate in a neighborhood does not qualify as gentrification. This is due to the fact that the increase in value can be the result of inflation in the housing market on a national scale. There are many theories of the causes of gentrification. Some believe that the younger or wealthier people move to urban neighborhoods as a way to reconnect with the community while gaining more cultural awareness. There is also the theory of the real estate having a low price tag. The low cost of land attracts buyers who are interested in renovating the business for a large financial

While California enjoys a booming tech industry, surging tax revenues, decreasing unemployment and overall wage increases, some residents of the state are struggling. They are struggling to find affordable housing. When factors such as cost of living are considered, California has the highest poverty rate in the nation. Evidence of this can be seen by an increase in residents living in RV’s and vans in some of the larger cities. Even some high wage workers are unable to live in the cities in which they work and have to commute hours each day. The lack of affordable housing in the state is at disastrous levels.

We have already seen increase prices for properties in the inner city. As the prices continue to rise, this will make houses less and less affordable. Bernard Salt (2001), declare that this revival will only last another 10 to 15 years, after that the market demand will fade. More important even if the trend doesn’t change, it will mean that more high-medium density dwelling needs to be constructed to satisfy the demand. Consequently, this will threatens the available green space in the metropolitan area.

Several years ago, many of us could not imagine mortgage meltdown ending. It seemed as if the foreclosures/short sales were increasing and the American dream of buying a home was decreasing. Many people felt hopeless and cheated when it came to the economy’s poor status due to the housing crash. Many lessons were learned from the collapse and although it may seem hard to believe, there were silver linings in the mistakes made during the mortgage meltdown. Today, real estate buyers are benefiting from the past mistakes and have more confidence in their home buying purchases.

The Housing Disaster and subsequent Great Recession of 2007 were predicted by several well-known Economists, although it still caught a majority of the Country and World by surprise! I wasn’t prepared for this economic shock either, as I had just finished real estate school and passed my State and National licensing exams during the previous year. It was a tough start to a real estate business but proved valuable in the lessons I learned during those next several years.

In the U.S., the rate of home foreclosure is gradually increasing each year, which means that there are fewer homeowners. Even though it is the duty of the banks ' to make sure that prospective clients can purchase the ideal home and pay off their mortgages, it is the role of potential homeowners’ to conduct research on a range of homes that are within their price range that will not result in foreclosure. The increase of home foreclosures places the economy under a great strain in order to maintain foreclosed property.

Danville is an affluent city which chose to keep their name “The Town of Danville” to bring into the mind’s eye of the quaint, charming, town that it’s promoting. Although the median house is well over a million dollars, California has put into place regulations that make affordable housing a concern for all. Every 7 years, the state of California has decided that each city supply multi-

There is so much variety in property size: from one to four bedrooms; some houses have vast backyards and lawns. There is one more interesting fact about this neighborhood: it actually consists of several smaller areas Historic Edgefield, Lockeland Springs, Rosebank, Eastwood Neighbors and several others with their absolutely unique features. The city itself has been mostly build from early 1900’s to the 1940’s, however, there’s plenty of new construction going on right now together with the revitalization of older districts.

The new construction market in the mid 2000’s was flourishing. People saw building a home as an opportunity for a solid investment because prices and rates were so low that certain homes could depreciate extremely slowly. However, there would be a negative effect from all this low-cost new construction and few were aware of just how devastating it would be to the new construction market.