Thursday, September 22, 2005

Long Beach, Realty Report for September 22, 2005

Realty Report for Long Beach, September 22, 2005. Six closed sales
today, with prices ranging from 264,000 to 430,000. These were smaller
houses and condos in the 700 square foot range to 1200. Typically 2 or
3 bedrooms and one or two baths.

For August 22, 2005 through today, there were around 266 closings of
single family houses (not condos) the prices are across the board at
205,000 to 3,000,000+.  I thought that interesting because we're
hearing that condos are becoming the only affordable housing for new
buyers but according to the hot sheets, SFR's are turning over in
greater numbers.  With creative financing and buyers who are open
to a little compromise and flexible in there desires, it is very
possible to purchase a single family home even on a shoe-string budget.

If you would like an analysis of your buying potential here in Long
Beach, Please give me a call. I'd be happy to prepare a comprehensive
report and go over home-buying options with you. I can be reached by
calling 562-433-1914 or e-mail at

No comments: