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-- bouncing back from recession hard hit West Coast cities are leading the nation in job growth and rebounding housing prices.
So what's the secret -- here what's fueling their -- -- want to -- live in Los Angeles they Willingham.
Confidence is one reason -- that's helping drudgery and rebound but also demography tech jobs and new housing construction.
Is turning the page from bleak to -- Or on the west.
That's the sound of an economic rebound.
We definitely -- equipment.
In October of 2011 we definitely -- maps we've definitely -- now.
Areas of the western US hit hardest by the housing bust are now booming with home prices up more than 23% in Phoenix.
15% in Las Vegas 12% in Los Angeles.
Us blesses rebounded quicker -- the east because one on judicial so the full closures went through much much more quickly -- -- still fight people closures on the east side of the country the deeper the hole.
In some sense that that the faster the trajectory of coming around.
Unemployment is also following Nevada down 3% since last year.
Followed by Hawaii Arizona and California -- -- -- tracks tracks where customers -- rebound is not -- construction more than 400000 job openings in thirteen western states are fueled by the technology and software sector.
GPS inside in Scottsdale helps 12100 customers track commercial and government -- We've had some crazy growth.
40% growth last year and we doubled our sales here over here.
And success in one sector translates to more jobs in others you get the great jobs in -- export products out.
Money comes into the region that money swirls around.
And you can you take care of all those other.
You know pursuits that.
People find employment in.
Investors are also pouring fuel on the fire and they're not just flipping homes -- but the renting them out one Southern California and owns or manages 17100 homes.
200000 homes in Phoenix are owned by investors the -- you return there's 36%.
We're also seeing bidding wars in Sacramento they only have one month supply of homes on the market that's down 700.
Percent -- incredible let's see if other cities -- a country can take a page from this report thanks so much we want some good news and that.
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