California median home prices are on the rise. This is the 2nd month that the median price of a California home has gone up. Could this be THE bottom or just A bottom? Many people leave California for other western states that offer a quality lifestyle at a more affordable price with lower taxes, lower housing prices etc. The Reno real estate market needs people moving from California looking to purchase a home in our area. As median prices rise in California this enables more people to consider a relocation out of California. This is good for the Nevada economy.
Let's hope that the median home price trend continues on an upward path over the next several months.