4 comments » Long Beach Home Buyer Update March 25, 2008
Spring Real Estate season has begun in Long Beach. The clocks have been changed, it is light out into the evening hours, making it easier to show properties after the work day, and buyers are liking this springs Long Beach housing prices.
Many real estate sales in Long Beach are being made to out of area buyers. After searching in areas that remain unaffordable to them, Long Beach has proven to be a great option in its ability to provide great housing at affordable prices. Until recently buyers had the luxury of time when they found a home or condo they were interested in, this is no longer always true. We are currently working with many Long Beach buyers. In just the last 3 weeks 6 of our buyers decided to think on it for too long and lost the homes they wanted to write offers on - to buyers who were quicker than they were to write the actual offers. Many buyers have been looking on and off for quite some time and have been conditioned to the slower winter market, it is different now. Strategy is important. When you locate a Long Beach home or condo that you want to purchase, it is in your best interest to go ahead and write the offer as soon as possible. You Writing an offer to be accepted is the other part of the equation. With so many properties in Long Beach now receiving multiple offers it often pays to write your best offer, especially when writing an offer on a bank owned property. Each home needs to be evaluated on an individual basis before a decision on how to structure your offer is made. More details on writing offers to be accepted can be read here: Long Beach Real Estate Sales-Foreclosures-Bank Owned Properties-Market Statistics Keep in mind that it doesnt cost you any actual money to write an offer, you always have the power to change your mind, without serious financial repercussions. If you are interested in purchasing a Long Beach Home or Condo, bank owned or foreclosed properties, call Laurie at (562) 212-5420 to begin your search.
Long Beach Homes and Condos For Sale(Direct feeds from the Southern California MLS)
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Posted on March 24, 2008 17:00:01 by Laurie.Manny
Posted in Main category, Long Beach Market Reports, Buyer Information, Seller Information, Downtown Long Beach, Belmont Heights, Long Beach CA, Community Information, Home Buyer Information, Seller Information, Long Beach Neighborhoods, Buyer Tips
Comment from: Elaine Murphy Carlson [Visitor] Well written! We are strarting to see more bank-owned properties in our market in Palos Verdes. The well priced properties are selling quickly. Comment from: Laurie Manny [Visitor] Hi Elaine, The banks seem to be putting better homes up in the last few weeks, the buyers seem to agree, they are jumping on them and they are selling very quickly. It was a good time for this article. We can only hope it reaches the buyers. Comment from: Sandy DeAngelis [Visitor] Laurie, this extremely timely. We are seeing the same results in Santa Ana and Tustin markets!! Great houses and great prices have brought in 2-3 offers on lots of the short sales on the market. Comment from: Laurie Manny [Visitor] Hi Sandy, So far we have reports here in Palos Verdes, Long Beach, Santa Ana and Tustin all saying the same thing. Perhaps we are finally seeing a leveling out in our So Cal market. More offers means less concessions to buyers. Comment on this article This post has no comments awaiting moderation. |













