This map, created by the Regional Plan Association, illustrates the Southern California megaregion (Photo credit: Wikipedia)Certainly one of the most beautiful locations in the world, and filled with all the amenities and attractions anyone could ask for, the real estate market in Southern California is about to sizzle this summer. According to a report released by the Los Angeles Times today, home sales in Southern California have climbed by 2.8% year over year. The prices of many of these homes is still on the decline, and it appears to continue that way, however they are not in the free fall mode that they were at the start of the real estate market scare in 2007. Foreclosures have begun to plateau and real estate demands continue to be high in the area, as they always have been in the past.
If you're looking to live in the area, now is one of the greatest times to look. All you need is a Southern California realtor and a way to look up regional properties. If you're looking for ways to make money off of this opportunistic market, then you will want to look at ways to find Southern California investment properties.