Long Beach Mortgage Rates Report: July 22, 2008

We may have seen the worst in the run up in mortgage rates

Mortgage rates in Long Beach for July 22, 2008.  Loan amounts up to $417,000:

3/1 ARM              5.750%

5/1 ARM              5.875%

7/1 ARM              6.250%

10/1 ARM            6.500%

30 Yr Fixed          6.500%

Read more »

Posted on July 25, 2008 22:30:04 by Laurie.Manny

Long Beach Home and Income Property Tax Pending

Long Beach Home and Income Property Tax Pending

Just in from the Pacific West Board of Realtors:

The Long Beach City Council will consider placing a Parcel Tax on the November 2008 ballot this Tuesday, July 22nd at 5:00 p.m. at City Hall.

Guide to Long Beach City Government

The proposed Parcel Tax is $120 annually per residential parcel and $120 annually per unit for apartment buildings.

We encourage you to attend this council meeting if possible.

City of Long Beach
333 W. Ocean Blvd
Long Beach, CA 90802
Tel: (562) 570-6555

Why is this important to you?

If you are the owner of a single family home this will cost you an extra $120 per year. Not a lot by anybodys standards and won't exactly break the bank.

If you are the owner of apartment buildings this parcel tax will be per unit. Own a lot of units? OUCH! This breaks down to about $10 per month per apartment.

If you are a renter, plan on having that included in your next rent increase!

Posted on July 21, 2008 02:58:44 by Laurie.Manny

Space Saving Ideas for your Long Beach Homes

Small Living Space Soutions for Long Beach Homes

Space Savers or Hidden Secrets?

Down here at the beach we trade square footage for beach living and ocean breezes.  But what do we do with all of our stuff?  Lifetime collections of photos, books and other treasured belongings, that we are just not prepared to part with, need a place in our new homes as well. 

Small spaces are a challenge when we downsize our lives.  Creative use of our space without feeling cluttered and oppressive becomes a mission.  Creative Home Engineering, a Tempe Arizona company specializing in hidden passageways may have solved some of these issues. 

What a great way to expand space, furnish our homes and create hidden storage spaces!  When your square footage is limited every found space becomes critical.  Living in small spaces certainly has its challenges and rewards.  A small mess in a large home is a huge mess in small space.  One needs to be a neat freak in small spaces.  Creative Home Engineering is providing several wonderful solutions. 

Have you been wondering where to hide a safe in your home?  Take an unsightly hall closet and convert it to a hidden safe and a wonderfully elegent storage cabinet. 

Looking for a safe and discrete hiding place for those things that should never be found by others?  Lovely and elegant built in's hide your most private possessions very nicely.

While we have many larger homes in Long Beach, many of the homes here are of the smaller cottage genre.  Small living space ideas are in demand, we are pleased to be able to provide some solutions. 

Read also: 

Small Living Space Solutions for Long Beach Homes

Posted on July 15, 2008 00:48:03 by Laurie.Manny

Long Beach Mortgage Rates Report - July 14, 2008

Mortgage rates in Long Beach, California  for July 14, 2008.  Loan amounts up to $417,000:

3/1 ARM              5.125%
5/1 ARM              5.250%

7/1 ARM              5.625%

10/1 ARM            5.750%

30 Yr Fixed          6.000%

Read more »

Posted on July 14, 2008 12:47:37 by Laurie.Manny

Feng Shui Influences How Bay Area Houses Are Priced

Feng Shui Influences How Bay Area Houses Are Priced

The Long Beach Real Estate Home Blog is pleased to welcome guest author, San Mateo California Realtor, Leonore Wilkas of The Wilkas Group. 

Living on the San Francisco Peninsula as I do, with our large Asian population, we find all kinds of Asian influences creeping into our daily lives. One of the biggest is Feng Shui, a Chinese mysticism of sorts, where it is believed that your life can improve by doing little things within your living environment through the placement of furniture, artwork, or even the front door of a house. It's a serious business around here with many experts helping Realtors and non-Asians prepare their houses for sale so that the house will sell quickly.

Having harmony in life promotes wealth, prosperity, good health, and chi - the movement of the air around you. The Chinese are superstitious people. If they believe the Feng Shui is bad at a property, they will not look at it, or seriously consider buying it unless they think the bad Feng Shui can be over come.

Numbers play a big influence in Feng Shui

Certain numbers can prevent someone from even considering a property unless they can have a Feng Shui master come and correct the chi of the house. In our area, the number 8, believed to mean wealth, is often seen within the listing price of a home. Asians believe that numbers can create harmony within the house. If the price of the home reflects certain numbers such as 1, 6, or 8, it is considered to be positive so it's very common to price homes with the number 8 somewhere in the price, for example you might see a house listed at $618,988, $888,888 or $1,886,688. The worst numbers to use are 2 and 5 and if I, as an agent, want to attract a buyer who follows Feng Shui, I will avoid them, if I can.

But, that's only part of the issue with numbers. What do you do if the house number is considered bad Feng Shui? What if the numbers are really bad like 4, 13, 24, or 104? You can't exactly change them, can you? No, not if you're trying to sell the house, so you must use little Feng Shui tricks to provide protection to the property.

Have you ever noticed houses with two large lion-type animals sitting at the front entrance to a house in your neighborhood or city? These are called Foo dogs and they're placed there to protect the house from bad chi.

If you're unlucky enough to have house numbers that are considered bad chi you place a circle around your house numbers and protect the chi.

When you see wind chimes anywhere near the entrance of a house, it is considered good luck. Is there a birdbath or water feature somewhere in the front or back yard? They may be trying to improve the chi, or energy, of the house.

The power of Feng Shui is believed in by a whole lot of people on this planet. Many other cultures have similar beliefs. The Japanese and Indians also look at numerology in their daily lives. Japanese like odd numbers like 3, 5 and 7. The Indians believe in a Destiny number that is the total number for your birthday. If you were born on March 1^st, 1968, the numbers would be written out like this: 03.01.68 = 18, 1+8 = 9, and 9 would be your Destiny number. Numerology has been around for thousands of years and is believed by millions of people.

What are the lucky numbers for Feng Shui?

Read more »

Posted on July 12, 2008 22:45:00 by Laurie.Manny