The 2020 Real Estate Projections That Might Surprise You

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This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market can be challenging. As a result, taking a look at the combined projections from the most trusted entities in …


The Impact of Rising Interest Rates on Housing Demand

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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 …

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

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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

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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 …


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 …


April 2017 Real Estate Market Update

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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 …