Long Beach California Real Estate Sales
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Long Beach California Real Estate Sales Update
January - April 2008
The real estate market in Long Beach has begun to shift. We have witnessed a steady rise in homes and condos for sale in Long Beach since the beginning of the year, as is witnessed by the chart provided. Buyers who have been waiting out the real estate market hoping to get that incredible deal are now buying those Long Beach homes and condos they have been wanting.
Interest rates are still great, although lenders are tightening up on lending standards. It is getting more difficult to procure a home loan unless your income and credit scores are high, your credit history is good and your debt ratio is low. As we progress into the summer months lending standards will become even more stringent.
If you are one of the consumers who has been sitting on the sidelines waiting for Long Beach real estate prices to drop before you begin your buying process, you might want to speak to a mortgage lender pretty soon. Run your credit, find out if you qualify for a home loan sufficient to make that purchase. You may also decide to go ahead and buy now while Long Beach prices are low, some concessions are still being granted and home loans are still available to consumers with less than pristine credit.
- Long Beach Homes & Condos-7 Steps to Pre-Home Purchase Preparedness
- Buying Your Long Beach Home - Getting Started
- Long Beach Home Search-Where do I start?
- New FHA Loan Limit For Long Beach Homes
- Long Beach Homes - To Buy or Not To Buy?
- Long Beach Homes and Condos - Negotiating Your Offer
- Long Beach Home Ownership - 1st Time Home Buyers and The American Dream
Real Estate Sales in Long Beach California - 2008 - Year to Date
| 2008 | HOMES | CONDOS | LOFTS | CO-OPs | OYOs | 2-4 UNITS | 5+ UNITS | TOTAL |
| JAN | 72 | 40 | 2 | 1 | 0 | 9 | 6 | 130 |
| FEB | 94 | 32 | 2 | 1 | 1 | 17 | 6 | 153 |
| MAR | 107 | 48 | 2 | 1 | 0 | 17 | 4 | 179 |
| 1/4 | 273 | 120 | 6 | 3 | 1 | 43 | 16 | 462 |
| APR | 134 | 51 | 1 | 3 | 0 | 17 | 6 | 212 |
| MAY | ||||||||
| JUN | ||||||||
| 2/4 | ||||||||
| subttl | 407 | 171 | 7 | 6 | 1 | 60 | 22 | 674 |
| JUL | ||||||||
| AUG | ||||||||
| SEP | ||||||||
| 3/4 | ||||||||
| subttl | ||||||||
| OCT | ||||||||
| NOV | ||||||||
| DEC | ||||||||
| TOTAL | ||||||||
- Long Beach Homes and Condos Market Report-Jan-Dec Home Sales 2007
- Long Beach Income Property Market Report-January-December 2007-Including Signal Hill
- Downtown Long Beach Stock Co-operatives
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