housing affordability index

The Housing Affordability Index: Scary or No?

shannonjones Buying a Home , Featured Articles , Real Estate Leave a Comment

There’s been a lot of recent talk about the Housing Affordability Index as of late. After strong affordability over the course of the housing market crash, things are starting to slow down, but is it cause for concern? The answer is no. What Is The Index and Why Such Highs and Lows Historically? The Housing Affordability Index is an index of a family’s ability to afford a mortgage with the median family income. This changes from year to year as the median income falls and rises as well as mortgage rates tied with the average house price. The index of …

665 Temple Ave, Long Beach, CA 90814

665 Temple Avenue

shannonjones Featured Articles , Long Beach , Real Estate , Rose Park , Rose Park Neighborhood Leave a Comment

Urban Cozy Cottage Close to Everything 665 Temple Ave, Long Beach, CA 90814 Open House Sat. 8/27 & Sun. 8/28 from 1 to 4 pm 3 Bedrooms 2 Bathrooms 1,351 sq. ft, 5,560 sq. ft. lot (per tax records) Built in 1930 Long Driveway Offered at $595,000 Newly listed home at 665 Temple Ave, Long Beach, CA 90814. This cottage in the Rose Park South Historic District is an inviting retreat indoors as well as outdoors. With a charming garden in the front, you enter through an elegant blue door to the open foyer and living room that act as the …

estate sale

How To Choose An Estate Sale Company

shannonjones Featured Articles , Home Tips , Real Estate , Selling a Home Leave a Comment

We had recently discussed methods of choosing if a garage sale, an estate sale, or an auction would be the best method of downsizing for homeowners. In today’s article, we’re going to build on that and discuss estate sale companies in detail. Keep in mind that there will be some variation in practices from place to place, but that a lot of the observations and suggestions here are common across the board. If you’ve found yourself in the position of needing to get rid of a full household of items, an estate sale is likely the best way to handle …

90814

90814 Market Update: August 2016

shannonjones Long Beach Real Estate , Real Estate , Real Estate Market Update , Rose Park Neighborhood 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 home price in 90814 has increased substantially in the last three years but continues to see-saw with rises and falls in the market. Prices reached a peak of $940,000 in July 2015, but currently sits at $745,000 in July 2016. This is down 20.7% from the year prior. The price per square foot in 90814 has had a rise of farily stable growth …

3922 Carfax Avenue, Long Beach, CA 90808

90808 Market Update: August 2016

shannonjones Long Beach Real Estate , 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, hitting $640,500 in July of 2016. In comparison to $560,000 as the average in July 2015, there has been a 14% growth that added almost $80,000 of value. The number of active listings in 90808 has fluctuated significantly. However, for the most part, the number of active listings has been at its highest over the …

90807

90807 Market Update: August 2016

shannonjones Bixby Knolls , 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 Home prices in 90807 have been very volatile over the past several years, peaking in November 2015 at $692,000 and then experiencing periods of decline and growth going into July 2016. In July, the median home price in 90807 was $569,500, which is 8.7% below July 2015. If the area value continues to follow the growth pattern of the last three years, value may rise again in the coming months. The original …

great society cider

Great Society Cider & Mead Joins Local Lineup

shannonjones Downtown Long Beach , Featured Articles , Long Beach Nightlife , Real Estate Leave a Comment

Based in the East Village Arts District, Great Society Cider & Mead is the first of its kind in Southern California as a full service cider tap house. While beer breweries have become prolific in their spread across California, cider and mead have always been something of an afterthought on a drink list. Long Beach itself has become an icon in the Los Angeles area for having such a wealth of craft beer. We’ve welcomed beer newcomers to the area at Ballast Point, Belmont Brewing Co, The Congregation, Beachwood Brewing, and Brouwerij West in recent recall. That’s a lot of representation for …

90806

90806 Market Update: August 2016

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

August 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 of July 2016, the median price was $481,500, marking a 6.2% growth since last year around the same time. July’s median home price was slightly less than June, however this follows the pattern over the last three years. Even when they are rising, it’s common for prices to experience fluctuation throughout the year. Homes are selling quickly in 90806, with the median time on the market at 31 days in the month …

90803

90803 Market Update: August 2016

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

August 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 After a peak at $1,179,000 in June, the median July 2016 home price was $955,000, 15.8% lower than it was last July. 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 …

90802

90802 Market Update: August 2016

shannonjones Buying a Home , Real Estate , Real Estate Market Update , Selling a Home 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 Home prices in 90802 have had an interesting ride so far this year, having started low in January of 2016 before rising abruptly in the spring. July 2016 showed some slowed growth after period of high growth in spring, with the average home price sitting at $378,581. Active listings for single family homes for sale in 90802 continue to be relatively low in comparison to demand. July marks a return to the average high …