Los Angeles, CA (PRWEB) March 18, 2013
Toby Nergarden, CEO and director of the Real Estate Marketing Insider, announced his pick for “Toby’s Choice,” a weekly title given to a promising real estate market in the United States. This week’s “Toby’s Choice” market is Southern California, a market that includes the Los Angeles and San Diego areas.
The choice of Southern California was prompted by a news report in The Press-Enterprise on the forecast for housing in the region. According to the report, realtors and investors can expect the housing market and industry to grow through 2013, with one expert saying the outlook had “brightened substantially.” The report went on to detail good news for the area’s housing, indicating a reduction in foreclosures, rise in prices and sales, and soaring applications and approvals for building permits. The region is still suffering from insufficient inventory to meet the rising demand, but experts hope that renewed construction will help close the gap.
Tobias had this to say about his choice for this week’s “Toby’s Choice” award:
“Southern California truly has it all for homeowners. The area boasts pristine geography, amazing cultural and tourist opportunities, and great schools at every level. For buyers looking for a new home, it’s an excellent choice. For investors and realtors, the region is even better. A variety of property options – from vacation rentals San Diego to high-rise living in Los Angeles or Fountain Valley – and the high turnover mean that properties sell quickly and real estate sales and marketing is a breeze. With new reports that the market will grow throughout the year, this is a great time to invest in the Southern California market.”
The Real Estate Marketing Insider’s director Tobias Nergarden named his “Toby’s Choice” market of the week as Southern California, a region that includes San Diego and Los Angeles. The announcement was made after new forecasts of growth in 2013 showed a promising real estate market in the area.
About the Real Estate Marketing Insider:
The Real Estate Marketing Insider’s team of writers, experts and analysts bring you the hottest insider information on the real estate market. Based in La Jolla, Calif., REMI is a great resource for home buyers, realtors, and investors.