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 …

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Long Beach Real Estate Market Update – December 2014

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While November saw a downtrend in median sales price from October, home sales in Long Beach are still strong. The median single-family home price in Long Beach for November 2014 was $474,000, down from from $485,000 in October, according to the Multiple Listing Service (MLS). There is currently just over a two month supply of homes for sale in Long Beach. The average time on the market is 50 days, down from October, yet homes that are attractive and priced well frequently sell within the first few weeks. Here’s a look at the latest real estate statistics for Long Beach, CA:   If you are …

2121 E. 6th Street, Long Beach

2121 E 6th Street

Shannon Featured Properties

  SOLD! COUNT YOUR BLESSINGS IN COMFORTING HISTORY! Before even crossing the threshold of this one-of-a-kind Rose Park South Craftsman bungalow, you’ll be gently enveloped in the bamboo-shaded softscape and charmed instantly by the 100-plus years of heartwarming history of the four families who have called it home. Built in 1911, this home has been lovingly cared for and retains its original vintage architecture and accents in the main living areas combined with an award-winning luxe renovation, including a master bath imbued with the soft cadence of a custom fountain, a full-size Finnish sauna, an extra-deep jetted tub, heated stone …

3193 Long Beach Boulevard

3193 Long Beach Blvd.

Shannon Featured Properties

   PRICE JUST REDUCED! Have you been looking for a large four bedroom house with an attached garage and unable to find anything in your price range? This “condo” may be just the answer. Part of a four-unit enclave of freestanding condos, this newer construction home has lots of room to roam. Downstairs, you’ll find an open floor plan with a beautiful kitchen, living/dining area with a corner fireplace, a laundry room and bathroom, and direct access to a huge garage. Upstairs are four large bedrooms and two more bathrooms. In addition to a patio, this home has a terraced …

Long Beach Real Estate Market Update – October 2014

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The local real estate market shows some signs of price stabilization. The median home price in Long Beach for September 2014 was $510,000, up from from $470,000 in August, according to the Multiple Listing Service (MLS). A look at price trends and inventory shows that neighborhoods vary considerably. If you’re thinking of buying or selling or curious about your home’s current value, it’s important to be aware of the micro-trends that we’re seeing. Here’s a look at median home prices in Long Beach, CA: Here’s a snapshot of current inventory of Long Beach CA homes for sale. As you can see, inventory …

931 Junipero Ave , Long Beach

931 – 935 Junipero Avenue

Shannon Featured Properties

  SOLD!  Charming Fourplex in Rose Park! We just sold this charming Craftsman fourplex is a great investment opportunity in the highly desirable Rose Park Historic District for 101% of list price with multiple offers. Boasting 4 separate one-bedroom units, this special property could be an ideal opportunity to live in one and let the rental income for the others pay your mortgage.  As you walk through the units, you’ll appreciate the original Craftsman built-ins, hardwood floors, & other features like large dual front porches, crown molding and ample outdoor space. Each unit has its own individual charm, lots of …

150 The Promenade, Long Beach CA

150 The Promenade N. #415

Shannon Featured Properties , Uncategorized

SOLD! MAKE YOUR OWN HISTORY IN THIS URBAN AERIE — Insulated from the downtown hubbub with double-paned windows and solidly built walls, you can choose to chill out on the large balcony and gaze at city lights and iconic architecture or put on your party pants and head out on foot to grab five-star food and lavish libations all within your city block. Built in 2008, beautiful condo in the modern-meets-industrial Pacifica building is filled with luminous light, 10-foot ceilings, bay windows, tile floors, recessed lighting, in-unit laundry, air conditioning, double sinks in the master, and TWO parking spaces! The …

4245 Blackthorne Avenue

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 JUST SOLD! Step down the brick path and through the front door and you’ll fall in love with this restored and renovated colonial pool home in desirable Lakewood Village. The huge open floor plan, the large galley kitchen, and the incredible multi-faceted back yard lend themselves to easy entertaining, while the spacious bedrooms will give you plenty of room to spread out and kick up your feet. The home itself has over 2,100 sq. ft., and the expansive lot is over 7,600 sq. ft. Throughout the home, you’ll see a rare to find blend of vintage charm and contemporary sophistication. …

719 Freeman Avenue

Shannon Featured Properties

SOLD! Whether you’re looking for a potential rental property, a Long Beach multi-family unit, or you just want to own a piece of history, you’ve come to the right place! This side-by-side duplex in the Rose Park Historic District boasts classic 1920s Craftsman architectural elements like built-ins, crown molding, and original hardwood flooring, and has been recently updated with drought-tolerant landscaping and new interior & exterior paint. The ground floor of the main unit has one full bedroom, a full bathroom, a living room & a kitchen w/ pantry closet. Also, situated atop a spiral staircase, there’s a spacious, finished …