Are home values at record highs

Are Home Values At Record Levels?

Shannon 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 …

225 Stanford Lane, Seal Beach

Shannon Featured Properties , Seal Beach Real Estate

SOLD! Great opportunity in the prestigious College Park West neighborhood. This spacious 3 bedroom, 2 bathroom home sits on a beautiful street with a quiet, interior tract location. Originally built by S&S, this home has had one owner & has been well maintained & updated. It has a modern feel and open floor plan that is perfect for both everyday living as well as entertaining. You’ll love the hardwood floors, recessed lights, crown moldings, newer windows and other upgrades. The kitchen has granite counters, newer cabinets and a vintage 6 burner stove, plus direct garage access. The large dining room opens …