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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Signal Hill. 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 | $400,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $600,000 - $649,000 |
| Worst Selling Price Range | $1,000,000+ |
| 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 Signal Hill is | Decreasing |
| Seller Activity for the past 90 days in Signal Hill is? | Decreasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 25-30% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Signal Hill! |
| Nearest Metro Area | Los Angeles |
| Housing Hot Spots | Most cities within the Los Angeles County area are considered 'Housing Hotspots' |
| Average Sold Price | $400,000 - View Graph Trend |
Signal Hill Local News
Market Update for Signal Hill, CA - January 11th, 2011 1:15pm
The small community of Signal Hill currently only has active listings on the market. 1 single family home listed at $249,999 and 2 condos listed at $115,000 and $249,900.
How to avoid an endless House Hunt - December 22nd, 2010 11:44am
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.
Contact Information
Coldwell Banker Beachside
866-243-0333
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Coldwell Banker Beachside
Coldwell Banker Beachside
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 866-243-0333
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