{"id":165,"date":"2013-01-25T13:45:21","date_gmt":"2013-01-25T21:45:21","guid":{"rendered":"http:\/\/julianalee.com\/blog\/?p=165"},"modified":"2013-01-25T15:35:31","modified_gmt":"2013-01-25T23:35:31","slug":"rising-home-prices-in-2013","status":"publish","type":"post","link":"https:\/\/julianalee.com\/blog\/rising-home-prices-in-2013\/","title":{"rendered":"Rising Home Prices in 2013 ?"},"content":{"rendered":"<p>The improving job market should continue to drive demand for housing up in 2013.<\/p>\n<p>The Milken Institute ranked the San Jose &#8211; Sunnyvale &#8211; Santa Clara metropolitan area as the #1 ranked city for creating and sustaining jobs and economic growth in 2012. This metropolitan area was ranked #51 in 2011.<\/p>\n<p>The economic downturn of 2008 lead to many \u00a0layoffs and early retirements. Many \u00a0of those hit hardest have already sold their homes and moved. There will probably be a reduction in the number of sellers unless home prices \u00a0rise.<\/p>\n<p>The economic downturn also reduced new construction. Investors began putting more emphasis on purchasing properties for rental income rather than fix-and-flip.<\/p>\n<p>Tax laws are in a state of change but nothing is known which will encourage potential sellers to act now rather than later. Recent increases in taxes are likely to discourage investors from selling.<\/p>\n<p>Very few homes are currently offered for sale. The only thing on the horizon which would increase the desire to sell is rising home prices.<\/p>\n<p><a title=\"2012 Best Performing Cities - Milken Institure\" href=\"http:\/\/bestcities.milkeninstitute.org\/best-performing-cities-2012-large.html\">http:\/\/bestcities.milkeninstitute.org\/best-performing-cities-2012-large.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The improving job market should continue to drive demand for housing up in 2013. The Milken Institute ranked the San Jose &#8211; Sunnyvale &#8211; Santa Clara metropolitan area as the #1 ranked city for creating and sustaining jobs and economic growth in 2012. This metropolitan area was ranked #51 in 2011. The economic downturn of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[27,26],"tags":[52],"class_list":["post-165","post","type-post","status-publish","format-standard","hentry","category-buying-a-home","category-selling-a-home","tag-home-prices-in-2013"],"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Juliana Lee Team","author_link":"https:\/\/julianalee.com\/blog\/author\/juliana-lee-team\/"},"uagb_comment_info":0,"uagb_excerpt":"The improving job market should continue to drive demand for housing up in 2013. The Milken Institute ranked the San Jose &#8211; Sunnyvale &#8211; Santa Clara metropolitan area as the #1 ranked city for creating and sustaining jobs and economic growth in 2012. This metropolitan area was ranked #51 in 2011. The economic downturn of&hellip;","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/comments?post=165"}],"version-history":[{"count":2,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/165\/revisions"}],"predecessor-version":[{"id":167,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/165\/revisions\/167"}],"wp:attachment":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/media?parent=165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/categories?post=165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/tags?post=165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}