Below you'll find a list of all posts that have been tagged as “real estate market”
Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the country …
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 …
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 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 …
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 …
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 …
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 …
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 …
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 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 …
