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Blog Archives: January 2016

The Rilliet Report January 2016

January 13, 2016
Sheldon Rilliet
Happy New Year, Real estate for 2016 is expected to be a positive force for the overall economy. In 2015, the nationwide value of all homes grew by $1.1 trillion. The 2016 estimated total nationwide is $28.5 trillion. The value of the entire housing stock nationwide grew 4.1%. However, housing value nationwide isn't distributed equally. California is home too about 12% of the U.S. population but accounts for nearly 25% of the total home value. California's market is driven by the high value metropolitan areas of San Francisco and Los ...

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