A robust economy in California will push housing demand upward.
New immigrants challenge homebuilders to provide affordable, entry-level housing.
The Internet becomes a new marketplace for homebuying. A robust economy in California will push housing demand upward. Construction levels in California have gradually improved since the early 1990s. Strong consumer confidence, a stable dollar, low interest rates and rising wages will continue to bolster homebuying activity during the coming year. Even rising mortgage rates are unlikely to shut down the housing market.