The Finest In Real Estate Service

  U.S. housing sales are near a bottom, the chief economist of Freddie Mac, Frank Nothaft, said on Saturday. He noted that Federal Housing Administration lending is up sharply, with FHA loans at the largest share of the U.S. housing market since 1942, and mortgage rates are at a 50-year low. However, in Long Beach, and near-by cities, ...

I meet so many people at Open Houses, talk to them over the phone, and get emails, and so many of these home buyers believe that Long Beach is flooded with bank owned homes. Up until several weeks ago, there was a significant number of bank owned homes for sale in Long Beach. However, within the last couple of weeks there was a tremendous ...

Mortgage Rates took a big dip today.  You can get a 30 years fixed rate mortgage today to buy your Long Beach Dream home at 5%. Only one week ago this rate was 6% and above.  For a  $300,000 home loan, This rate drop represents a saving of $188 a month. Instead of paying $1798 each month, the payment is reduced to ...

Here are the latest numbers from Dataquick for October sales for the City of Long Beach. Very interesting is the fact that in zip code 90803, which includes the desirable neighborhoods of Naples, Belmont Heights, Bluff Heights, Los Alamitos, belmont Park, and University Park Estates, the prices went  UP  3% since last October. I did not ...