double match

New 1% Down Loan Program Puts Homebuying Within Reach

shannonjones Buying a Home , Featured Articles , long beach homes , Real Estate , Real Estate Market Update Leave a Comment

For many would-be home buyers, coming up with a down payment is the biggest barrier to purchasing a home. Even coming up with the 3.5% down payment necessary for an FHA loan can be difficult. As such, Guaranteed Rate’s new Double Match program could be welcome news for those who don’t currently own a home and want to take advantage of today’s low interest rate. The Double Match loan program requires a buyer to contribute one percent of the purchase price of a home, with Guaranteed Rate paying an additional two percent for a total of 3 percent down with a conventional loan. …

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90815 Market Update: September 2016

shannonjones Long Beach , Long Beach Real Estate , Los Altos Neighborhood , Los Altos Real Estate , Real Estate , Real Estate Market Update Leave a Comment

90815 Market Update: Real Estate Statistics and Information for the 90815 Areas of Long Beach, CA Including the Neighborhoods of Los Altos, Park Estates, La Marina Estates, and other 90815 Areas of Long Beach The median home price in 90815 sat at $650,000 last month, showing a slight decline after a fairly steady spring and early summer. The price value peaked at $720,000 in February 2016, but in comparison to the same time last year, August’s values showed a 6.1% growth. Despite the occasional drop, property in this area continues to appreciate in value. The number of new listings available in …

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90814 Market Update: September 2016

shannonjones Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update , Rose Park Leave a Comment

Market Update: Real Estate Statistics and Information for the 90814 Areas of Long Beach, CA 90814 Market Update Includes the Neighborhoods of Carroll Park, Bluff Heights, Rose Park South, and Other 90814 Neighborhoods of Long Beach The median single family home price in 90814 has increased substantially in the last three years but continues to see-saw with rises and falls in the market. August saw growth after July’s brief decline, and the average price sat at $827,500. This is a 15.7% increase from the year prior. Historically, these prices saw another rise around November of 2015, so it will be interesting to …

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90808 Market Update: September 2016

shannonjones Lakewood Village , Long Beach , Long Beach Real Estate , Plaza Neighborhood , Real Estate , Real Estate Market Update Leave a Comment

90808 Market Update: Real Estate Statistics and Information for the 90808 Areas of Long Beach, CA 90808 Market Update Includes the Neighborhoods of Carson Park, Plaza, Lakewood Village, and Old Lakewood City The median home price in 90808 is at one of it’s highest points right now, dropping to $585,000 in August of 2016. In comparison to $575,000 as the average in August 2015, there has been a 1.7% growth in value from year to year. While the end of 2015 and the earlier half of 2016 was a little rough for original asking prices, August 2016 showed that the median …

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90807 Market Update: September 2016

shannonjones Bixby Knolls , Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

90807 Market Update: Real Estate Statistics and Information for the 90807 Areas of Long Beach, CA Including the Neighborhoods of California Heights, Bixby Knolls, Bixby Terrace, and Virginia Country Club In August, the median single family home price in 90807 was $602,500, which is a 3.7% growth from August 2015. If the area value continues to follow the growth pattern of the last three years, value may rise again in the coming months. While pricing has been volatile over the last few years, 2016 has been fairly balanced in comparison to years prior. The number of days that listings stay on …

90804 september

90804 Market Update: September 2016

shannonjones Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update , Rose Park Leave a Comment

September 2016 Real Estate Market Update for the 90804 Area of Long Beach Including the neighborhoods of Rose Park and Traffic Circle Area The median home price in 90804 took a little dip from July  to August, with the average single family home costing $518,000. This is also a 9.9% decrease from the year following in August 2015. Housing in this area still remains strongly desirable in Long Beach, with great walkability and local resources, so if you’ve been eyeing this area as a buyer, it’s a good time to check out what’s available. The general trend for 90804 overall is …

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90806 Market Update: September 2016

shannonjones Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update , Wrigley Leave a Comment

September 2016 Real Estate Market Update for the 90806 Area of Long Beach Including the neighborhood of Wrigley and the Surrounding Areas of 90806 Home prices continue to rise in 90806 as a trend, but August 2016 itself saw a dip downwards.  As of August 2016, the median price was $446,250, which is slightly lower than last year around the same time. Interestingly, we historically see a rise in value following September in 2015 over the course of the fall, and with such low inventory we can expect something similar might happen again. The number of closed sales in 90806 has increased substantially since …

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90803 Market Update: September 2016

shannonjones Belmont Heights , Belmont Shore , Long Beach , Long Beach Real Estate , Naples Island , Real Estate , Real Estate Market Update Leave a Comment

September 2016 Real Estate Market Update for the 90803 Area of Long Beach The 90803 market update includes the neighborhoods of Belmont Shore, Belmont Park, Belmont Heights, Naples, the Peninsula, Bluff Park, Bluff Heights, Spinnaker Bay and Spinnaker Cove, University Park Estate, and Bixby Village The median sale price of single family homes in 90803 has fluctuated greatly in recent years, but continues to trend upwards despite the highs and lows over the months. Fluctuations in price are not unusual in 90803 and home prices in the area are still substantially higher than for Long Beach overall. After a brief but harsh drop …

90802 september

90802 Market Update: September 2016

shannonjones Downtown Long Beach , Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

90802 Market Update: Real Estate Statistics and Information for the 90802 Areas of Long Beach, CA Including the Neighborhoods of Downtown, East Village, and Alamitos Beach The number of new listings per month for single family homes in 90802 has been varied this year, but still remains fairly low in comparison to other neighborhoods in Long Beach. At 5 new listings in August 2016, this maintains the same number of new listings as the month prior, and is only one listing more than August 2015. Active listings for single family homes for sale in 90802 continue to be relatively low in comparison …

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Long Beach Market Update September 2016

shannonjones Featured Articles , Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

This Long Beach real estate market update for September 2016 has something positive for buyers and sellers alike. While home prices continued to be strong and inventory remained relatively low in August, closed sales fell in Long Beach. However, the overall numbers indicate that while the weather may be cooling off,  the local real estate market remains hot. There were 192 single family homes sold in August, fewer than the previous month and 4% lower than last August. This falls in line with a reduction of available homes on the market that is typical for late summer and early fall. The median sales …