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A Tale of Two Real Estate Markets

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Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In the premium, or luxury, home categories, the opposite was …

Empty Nesters: Best to Remodel or Time to Sell?

Empty Nesters: Best to Remodel or Time to Sell?

shannonjones Buying a Home , Featured Articles , Selling a Home Leave a Comment

The good news: your kids have finally moved out and you and your spouse now live alone in a four-bedroom Craftsman. If it no longer meets your current needs, you have two choices: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the perfect home for your current needs Based on the record amount of …

Southern California real estate

Home Prices Soar

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

Southern California home prices went up in July across Southern California as the already hot housing market saw continued high demand and persistently low inventory. According to a report from CoreLogic, the six-county Southern California area’s median price climbed 7.7% from a year earlier, hitting $501,000. Despite the fact that the market rebound is now in its sixth year, the …

Boomerang Buyers Boost Seller's Market

Boomerang Buyers Boost Seller’s Market

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

You’ve  likely heard that the current housing climate is a strong seller’s market. Inventory is low and buyer demand is high, often giving sellers a large pool of buyers and multiple offers when they choose to list their home. Still, many homeowners can remain on the fence about whether or not now is the time to put their house on the …

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Southland Home Prices Keep Rising

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Home Prices Hit Record Again Across Southern California, home prices hit record highs in June and they keep going up, according to a report released this week by CoreLogic. In Los Angeles County, the median home price in June jumped 7.4% from a year earlier to $569,000 in June, breaking the previous record that was set in May. In Orange …

Long Beach's Most Expensive Homes

Long Beach Metro’s Most Expensive Homes

shannonjones Buying a Home , City of Long Beach , Featured Articles , Long Beach , Long Beach Condos , long beach homes , Long Beach Real Estate , Los Alamitos , Neighborhoods , Real Estate , Seal Beach Real Estate , Signal Hill Leave a Comment

Picking the right neighborhood to move into is as important as picking the house you buy.  There’s a wide variety of housing styles, amenities, and pricing. Yet in each neighborhood, a few homes stand out from the others. Here’s a look at the highest priced listings in various areas of Long Beach and surrounding communities. While many of these properties may …

housing bubble

Are We In A Housing Bubble?

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3 Reasons To Believe We’re Not In A Housing Bubble With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another housing bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially …

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April 2017 Real Estate Market Update

shannonjones Featured Articles , Real Estate Market Update Leave a Comment

The start of the year ushered in a wave of good news about a hot stock market, higher wages and an active home sales environment. At the same time, housing prices have continued to rise, and the low inventory situation and affordability crunch has been particularly hard on first-time buyers struggling to get into the market. Nevertheless, buyer activity is …

90802 september

90802 Market Update: September 2016

shannonjones Downtown Long Beach , Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update 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 The number of new listings per month for single family homes in 90802 has been varied this year, but still remains fairly low in comparison to other neighborhoods in Long Beach. At 5 new listings …

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 …