What factors are driving the demand for land in California in 2024?
The primary factors driving land demand in California include population growth, housing shortages, tech industry expansion, and increased interest in sustainable agriculture and renewable energy projects.
How can I determine the fair market value of my land in California before selling it for cash?
To determine the fair market value of your land, consider obtaining a professional appraisal, reviewing recent sales of comparable properties (comps), and consulting with local real estate agents who specialize in land transactions.
What are the benefits of selling my California land for cash versus through traditional financing methods?
Selling your land for cash offers several benefits including quicker closing times, less risk of deal fall-throughs due to financing issues, fewer contingencies, and potentially lower transaction costs since there may be fewer fees involved.
