Are home values at record highs

Are Home Values At Record Levels?

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

Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report. The report announced that the median existing-home price in June was $236,400. That value surpasses the peak median sales price set in July 2006 ($230,400). This revelation created many headlines exclaiming that home prices had hit a “new record”: Wall Street Journal:   Existing-Home Prices Hit Record USA Today:   Existing home sales surge, prices hit record Though the headlines are accurate, we want to take a closer look at the story. We do not want people to believe that this information is evidence that a new “price …

Condos on Ocean Boulevard Long Beach CA

Condos on Ocean Boulevard, Long Beach CA

shannonjones Downtown Long Beach , Featured Articles , Historic Buildings , Long Beach Condos , long beach homes , Long Beach Real Estate , Real Estate Leave a Comment

  Living on the beach. Sounds like paradise, and can be your everyday life if you consider some of the great condos on Ocean Boulevard in Long Beach. Long Beach is the most affordable coastal community in Southern California. Ocean Boulevard  connects Downtown Long Beach to the Los Alamitos Bay Yacht Club at the tip of the Long Beach Peninsula. It is home to many mid to high rise condos. All these beautiful buildings take pride in their breathtaking views of the Pacific Ocean. Downtown Long Beach has a sophisticated urban feel. Walk down any street and you are guaranteed to find …

The Peninsula, Long Beach, CA

The Peninsula – A Long Beach Hidden Treasure

shannonjones CA , California , City of Long Beach , Featured Articles , Long Beach , long beach homes , Long Beach Real Estate , Real Estate Leave a Comment

The Peninsula While some may have heard of it, and have possibly even been there, many do not know much about this beautiful area. We’re here to give you the inside scoop on one of Long Beach’s best kept secrets. What is the Peninsula? The Peninsula is truly one of Long Beach’s hidden treasures. This small neighborhood features some of the best beachfront and waterfront properties in Long Beach, without the traffic and busyness of other beach neighborhoods. It has the access to both the ocean and the bay, with great locations for paddleboarding, kitesurfing, fishing, and many other beach activites. Where is The Peninsula? …

older home in Long Beach CA

Buying an Old Home in Long Beach

shannonjones Architectural Styles , Buying a Home , Featured Articles , Historic Buildings , Historic Homes , Real Estate Leave a Comment

Old Homes in Long Beach Bring Rewards And Risks Any home buyer who is searching for homes in Belmont Heights, Bluff Heights, Bluff Park, Rose Park, California Heights and other Long Beach neighborhoods is thinking of buying an old home since these neighborhoods consist primarily of older homes. Old homes can offer vintage charm and architectural appeal. But are there any special issues you should be aware of? Considering that many of these homes are located in historic districts and that most of a home’s components deteriorate with age, the answer is yes. Here’s a quick look at some things …

beach homes for sale in Belmont Shore

Beach Homes in Belmont Shore

shannonjones Belmont Shore , Buying a Home , California , City of Long Beach , Featured Articles , Long Beach , long beach homes , Long Beach Real Estate , Neighborhoods , Real Estate Leave a Comment

Buying A Home in Belmont Shore, Long Beach, CA Living in Belmont Shore, Long Beach CA Belmont Shore is one of the most desirable neighborhoods in Long Beach, California. It is located in the southernmost part of the city, right along the beach and is home to dozens of shops and restaurants. Many events are held in this area throughout the year and there is a strong sense of community among its residents. The neighborhood has a very active website with all of the shops, restaurants, and an updated calendar of all events.  Homes in Belmont Shore There is a wide range of …

Hot summer market

Home Sales Hot This Summer

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

People always talk about the “spring buying season” when they talk real estate. However, this year it appears as though the summer real estate market will be just as hot. The most recent Foot Traffic Report released by the National Association of Realtors (NAR) revealed that there are more buyers out looking at homes right now than at any other time in the last two years including the past two springs (in orange below). The Foot Traffic Report is compiled from data on the number of properties shown by Realtors. NAR further explains: “Foot traffic has a strong correlation with …

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90802 Real Estate Market Update

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

Mid-Year 2015 Real Estate Review for 90802   Since the beginning of the year, average home sales prices in the 90802 area of Long Beach have slowly been on the rise, but the past couple months reversed that trend. Sales prices are averaging $273,000 in June 2015, which is down $59,000 from May and $80,000 from April 2015.   The monthly supply of inventory in June was up slightly from May, and is now at the same amount as in April of this year.   The number of closed sales is also on the rise. In June 2015, there were …

Pyramid at Long Beach State

90815 Real Estate Market Update

shannonjones City of Long Beach , Long Beach , Long Beach Real Estate , Los Altos Neighborhood , Los Altos Real Estate , Real Estate Leave a Comment

Mid-Year 2015 Real Estate Market Review for 90815   The 90815 area of Long Beach CA is a very popular area due to its proximity to Cal State Long Beach, award-winning schools, transportation and shopping along with the consistent character of neighborhoods that include Los Altos, La Marina Estates, and Park Estates. Yet despite the consistency of the neighborhoods, home sales prices in 90815 have been somewhat volatile this year. The last couple months of price increases brought the average 90815 home price in June 2015 to about $3,000 higher than June of last year.   Meanwhile, closed sales for single …

90807 Real Estate

90807 Real Estate Market Update

shannonjones City of Long Beach , Long Beach Real Estate , Real Estate Leave a Comment

Mid-Year 2015 90807 Real Estate Market Review for 90807 90807 real estate is hot: The 90807 area of Long Beach includes the tree-lined streets of Bixby Knolls and California Heights along with highly desirable Virginia Country Club and Los Cerritos neighborhoods. Homes in these neighborhoods of 90807 are considered highly desirable. Despite the area’s desirability, average home sales prices in the 90807 area of Long Beach have been somewhat volatile so far in 2015.  Sales prices in June were at $630,000 which is down from $763,000 in January. Yet even so, the year-over-year increase between June 2014 and June 2015 was …

Rent or sell

Should I Rent or Sell My Home?

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Thinking of Making a Move? Wondering if You Should Rent or Sell Your Home? The results of Fannie Mae’s June 2015 National Housing Survey, were just released showing that more and more homeowners are warming up to the idea that now may be a great time to sell their home. The amount of respondents that stated that now is a good time to sell rose three percentage points to a survey high of 52%; which may translate to a healthier market as more homes are listed in the coming months. At the same time “the percentage of respondents who expect home …