The most successful planned city in the United States also happens to be one of the best performing housing markets in California. Analysts at CoreLogic, a national real estate analytics firm based in Irvine, recently reported that the local housing market has experienced substantial growth during each month of 2018, and this is a trend that could extend to the year 2020.
Aside from value appreciation, there are more reasons that support moving to Irvine. If you’re looking for signs to let you know when the time is right to start looking at home listings in Irvine, here are five to look for.
1. You’re Ready to Live in a Truly Safe City
For more than a decade, Irvine has been honored with the title of being “America’s Safest Big City,” and this designation is a major source of pride for local residents. This honor comes from the actuaries, statisticians, and number crunchers from the FBI. According to the Annual Crime Report, Irvine has shown the lowest levels of major crimes in the United States since 2006.
2. You’re Looking for Diversity
Once you settle down in Irvine, a trip to the Woodbury Town Center shopping emporium will give you an idea of the rich diversity you can find in this truly international city. As you walk through the mall, you’ll invariably hear Farsi, Spanish, Korean, Tagalog, Arabic, and other languages spoken along with English. You can also see this diversity when exploring the numerous ethnic and fusion restaurants, lounges, art galleries, and cultural centers.
3. You Crave a High Quality of Life
Irvine is known as a city where median income and academic achievement levels are not only high for Southern California but for other regions of the country as well. Even communities anchored by Ivy League universities don’t enjoy as much quality of life as Irvine, and this has a lot to do with careful suburban planning. The level of career and personal achievement is also very high. Quite a few professional athletes, scientists, entertainment celebrities, and politicians grew up in Irvine.
4. You Want to Build a Nest Egg
Unlike other housing markets in Southern California, Irvine isn’t accosted by speculators, which means you can invest in real estate without having to worry about timing the market. Most homebuyers in this city acquire properties with the full intention of living in them for a few years. As such, value appreciation tends to be gradual and stable.
5. You Want to Have Fun
Irvine used to be known as a bedroom community for Disneyland, located less than 30 minutes away, but this has been changing since the late 1990s. These days, Irvine offers residents and visitors plenty of fun activities and attractions. The Irvine Spectrum Center has a Ferris wheel and vintage carousel, and there’s also the Great Park Balloon, Children’s Museum, quite a few city parks, and nature preserves. It should be noted that a few beaches are within easy driving distance.
Whether you’d prefer to live in Orangetree or Rancho San Joaquin, Irvine homes for sale are readily available on the market. To take a look at the latest listings, get in touch with the reliable real estate agents at Irvine Residential Living. Call 714-454-6304 to schedule an appointment.