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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Long Beach. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 800-221-5234
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $750,000 - $799,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Long Beach is | Decreasing |
| Seller Activity for the past 90 days in Long Beach is? | Decreasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 35-40% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Long Beach! |
| Nearest Metro Area | Los Angeles |
| Housing Hot Spots | Most cities within the Los Angeles County area are considered 'Housing Hotspots' |
| Average Sold Price | $250,000 - View Graph Trend |
Long Beach Local News
Market Update for Long Beach, CA - January 11th, 2011 1:01pm
As of today there are 941 homes on the market in Long Beach. 541 of them are single family homes ranging in price from $140,000 to $1.6 million while 400 condos range in price from $65,000 to $1.4 million. Almost 24% (395) of those combined listings are listed as short sales.
How to avoid an endless House Hunt - December 22nd, 2010 11:42am
1. Get pre-approved
2. Make a list of:
a. must -haves
b. these would be nice
c. deal breakers
3. Find the right neighborhood first
4. Give yourself a deadline
5. Find a good agent
According to a 2009 National Association of Realtors study, the median buyer shopped for 12 weeks and looked at 12 homes.
Free Snow Day in Long Beach, CA - December 8th, 2010 12:58pm
Free Show Day on the Long Beach waterfront at Shoreline Village Saturday December 11th from 1:00 pm until 4:00 pm. 15 tons of snow for kids 12 & under (Snowman Building & Sled Rides) Free hot Chocolate and coffee. Carolers in Dickens Costumes and two inflatable Bouncers.
Contact Information
CENTURY 21 Beachside Realtors®
800-221-5234
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
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 800-221-5234
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