Housing inventory declining

Housing Inventory Level Declining

shannonjones Real Estate , Selling a Home Leave a Comment

The housing inventory across the United States has been declining, making this ideal time for potential sellers to consider putting their home on the market. The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) released their latest Existing Home Sales Report this week. Inventory Levels & Demand Amidst reporting on the fact that sales of existing homes rose 1.2% from January, and outpaced year-over-year figures for the fifth consecutive month, was the news that total unsold housing inventory is at 4.6-month supply. This is down 0.5% …

1085 Raymond Ave.

Just Listed! Long Beach Duplex

shannonjones Featured Properties , Long Beach , Long Beach Real Estate , Real Estate Leave a Comment

1085 Raymond Ave. Two Houses On A Lot OPEN HOUSE – Sat 4/4 – 1-4 pm Great opportunity to purchase two homes on a lot adjacent to the popular Rose Park Historic District. With parking and yard space for both, this special property is perfect for either an investor or an owner occupant who wants to offset their mortgage with rental income. The front house has a broad front porch and a spacious living and dining room with a classic 1920 built-in cabinet. The updated eat-in kitchen has a wide-open feel. In addition to two bedrooms, there is a third …

Long Beach Real Estate Market Update – May 2014

Shannon Belmont Heights , Belmont Shore , Buying a Home , California , City of Long Beach , Downtown Long Beach , Featured Articles , Lakewood Village , Long Beach , Long Beach Condos , Real Estate , Real Estate Market Update , Rose Park , Rose Park Neighborhood , Uncategorized , Wrigley

Spring is upon us and summer is just around the corner which means it’s a great time to think about buying or selling a home.  Traditionally, spring and summer are the hottest seasons for real estate because sales peak in April and May and stay strong in June and July.  Many families prefer to move between school terms and while the weather is warm and potential buyers may have just received their tax refunds, which they can use to help finance a down payment. For homeowners who’ve been waiting for their home to build equity before making a move, now …

Rose Park gazebo, Long Beach CA

Rose Park Offers Some Quaint Homes For Sale

Shannon Architectural Styles , Belmont Heights , Featured Articles , Historic Homes , Neighborhoods , Real Estate , Rose Park , Rose Park Neighborhood

I bought my first home in the Rose Park neighborhood of Long Beach years ago and have been hooked on the area ever since then. I love helping home buyers and sellers in the Rose Park area and have now sold many of the homes in the area multiple times. Many home buyers my team and I have worked with over the years were like myself, stumbling upon the neighborhood after looking at homes in nearby, more expensive Belmont Heights. When I first began selling real estate in 1998, many Realtors weren’t familiar with the Rose Park neighborhood, but now it’s become …

Long Beach Lawn-to-Garden Turf Replacement Program

Shannon Architectural Styles , Belmont Shore , California , City of Long Beach , Downtown Long Beach , Events , Gardening , Green Living , Long Beach , Long Beach Events , Real Estate Leave a Comment

Now that Earth Day has come and gone, it’s time to put those environmental values into practice! If you own a home in Long Beach and are looking to go green, save some green, or BOTH, check out the City of Long Beach’s Lawn-to-Garden program! You could receive a rebate of up to $3,000 just for turning your water-guzzling lawn into a beautiful variety of semi-arid plants and flowers!

Long Beach Real Estate Update – February 2014

Shannon Featured Articles , Real Estate

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How To Choose A Long Beach Realtor

Shannon Buying a Home , Featured Articles , Real Estate , Selling a Home

If you are thinking of buying or selling a home in Long Beach or a surrounding community, how should you go about choosing a Realtor? Sometimes, people get referrals from friends, family, or co-workers. But often, home buyers or sellers end up working with someone based on a random connection — they meet a Realtor at an open house, call on a sign, or click on an online listing to request information. Sometimes, that works out well. And sometimes it doesn’t. Some Realtors bring a higher degree of experience, education and professionalism to the table than others. But how do you tell? After …

e 19th

Long Beach Foreclosures Can Be a Good Deal

Shannon Featured Articles , Foreclosures , Long Beach Condos , Real Estate

If you’ve been considering buying a home in Long Beach, California, this could be a good time. Right now, there are a number of distressed properties on the market with reasonably low prices. Both short sales and foreclosures can represent good deals for Long Beach home buyers and the fact that interest rates are low means that monthly mortgage payments are sometimes about the same amount as you would pay for rent.

Pricing Advice for Long Beach Home Sellers

Shannon Featured Articles , Long Beach , Real Estate

Even though prices have dropped over the past five to six years, we sometimes encounter homeowners who are in denial about their home value. Obviously if you are selling your home, you want to get as much as possible, but pricing it at the highest price doesn’t necessarily accomplish that goal. Recently I spoke with a woman who said she understood that prices had declined since she bought her home in 2008, but she thought her home was worth more than what she paid for it. Unfortunately, since she hasn’t made any major improvements to the home and the location …