Sunday, January 20, 2008

Attn: Los Gatos,Bay Area homebuyers...Part 4

10% Gain in Permits for New Home Builders

We believe that California has weathered the subprime storm of 2007, the market has almost corrected and 2008 represents an opportunity to move forward! In a recent forecast released this past week, the California Building Industry Association said developers will secure permits for 128,400 single family and multifamily units this year, up from an estimated 116,250 in 2007. The ten percent gain would stand in sharp contrast to the drops in 2007 and 2006.

Call The Malcolm & Manocha Group today at 408.399.1495 or visit us online at http://www.mmgproperties.com/ and let us find you the home you've been looking for.

Our website has all the tools you require to accomplish your real estate needs....and of course we are here to help and assist you! http://www.mmgproperties.com/

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