Home Builders Has Largest Up-Tick in Five Years

The National Association of Home Builders index rose to it's largest monthly increase in the past five years. This is great news, but it still shows that only about one in seven builders thinks business is good or fair.

The reasons behind this real estate market are really no secret: mortgage rates near all-time lows, both Federal & California state home buyer tax creditsand the optim real estate buying season.

Here in California, besides the $8,000 first time home buyer's credit, California has a 5% (max. $10,000) new home credit. This combined with home mortgage rates around 4.75%, all make for a very appealing reason to get a home of your own.                                  San Diego Realtor