But prices are likely to continue rising. Mortgage rates are expected to ease this year, which may help boost demand. Leading forecasts predict that home prices will increase somewhere between 1.3% and 3.6% in 2025.
Here are 15 secrets to selling your home faster, no matter when you list it. Pick a selling strategy. Hire an experienced real estate agent. Clean everything. Depersonalize your home. Let the light in. Remove excess furniture and clutter. Consider staging your home. Invest in a professional photographer.
Affordability aside, Riverside is ideal for property investment thanks to its strategic location and accessibility. The city is becoming increasingly popular with major companies as more continue to move into the area, which Stance said is helping to create job growth and providing the city with an economic boost.
Clocking in at $29.75 million, the sprawling smart home at 81307 Amundsen Drive is the most expensive listing in Riverside County, California.
Rental properties, commercial real estate and fix-and-flip projects are some of the best options for investors seeking high profit potential.
Riverside and Inland Empire are becoming great markets. Super low inventory (1.1%) in the pipeline and good rental rate increases because of increased demands.
The top five Californian metros include Oxnard, San Diego, Riverside, Bakersfield, and Los Angeles. These five metros are expected to have sales growth of 13.1%, on average, in 2024, compared to an average decline of 4.1% for other Californian metros in the largest 100 list.”
It's especially more affordable than major Golden State cities like Los Angeles or San Fransisco. Due to Riverside's warm, dry climate, the average electricity rates are 33% lower than the California average.
If you have a touch-tone telephone and know the parcel number of the property, you may call the Treasurer-Tax Collector's automated 24-hour information line at (951) 955-3900 to obtain a duplicate bill.