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Monthly Market Update August 2021

The month of July finished off with some slightly lackluster statistics, surprisingly not only in the condo/townhouse market but also in the Single Family Residence (SFR) market as well. After what can only be described as a two-year crush in SFR listing inventory in Los Angeles County, it appears that we could be starting to see supply creep back into the market.  Before we dive...

As 22-Year Mortgage Low Report Put Home Affordability Under Scrutiny, Don’t Hit the Panic Button

  Applications for mortgages to purchase homes plummeted 6.5% last week bringing us to 21% below the rates during the same period in 2021. We haven’t seen demand as low as it is now since 2000. That’s a 22-year low! What does this mean for you? Fair warning: at least 95% of this blog is going to sound like bad news for home affordability. But we promise, if you hold on u...

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January Absorption Rate Long Beach 90815

In Long Beach 90815 there are 20 active and 16 homes sold in January 2023 with an average 9 days on the market, at a median selling price $910,000.  That's an absorption rate of 65%. Anything over 20% means a healthy market.    For more community info and home décor trends be sure to take a look at my blog!  I have a little somethi...

August 2023 Monthly Home Stats

Below are August single-family home sale statistics. The areas covered include Rossmoor, Los Alamitos, Seal Beach, Long Beach ZIP 90808 & 90815, Torrance, Cypress, Lakewood, Buena Park and Huntington Beach Zip Code 92646. The month of August has brought some interesting changes in the housing sales activity. Despite the spring summer typically is a time of increased home-buying activity, in...

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December 2023 Home Stats For You

2024 is here, and the real estate market is in full swing! Here's an overview of the December 2023 Market at a Glance for Rossmoor, Los Alamitos, College Park East Seal Beach, Buena Park, Cypress, Huntington Beach, Long Beach, and Lakewood. Even if you're not currently in the market to sell your home, this information is still important to know. You can make informed decisions abou...

Vibrant March 2024 Home Sale Stats

Below are March single-family home sale statistics. The areas covered include Rossmoor, Los Alamitos, Seal Beach, Huntington Beach, Anaheim, Big Bear, Buena Park, Cypress and Long Beach. The month of March has brought some interesting changes in the housing sales activity. Despite the spring season typically is a time of increased home-buying activity, inventory remains low in most cases. ...