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In Rossmoor and Los Alamitos, there are 22 active and 24 homes sold in August with an average 8 days on the market, at a medium selling price $1,390,000. That's an absorption rate of 90%. Anything over 20% means a healthy market.
Ideally, we’d like to work in a real estate industry in which everybody wins. Easier said than done. But contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably paints more of an “everybody l...
Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our new series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in t...
The annual Shoreline Village Long Beach Zombie Walk Halloween Spooktacular will weave its magic in Shoreline Village, Saturday October 29th, 4-10pm. Who knows what devilish fun lurks in the shadows of Long Beach after dark? No matter how much they beg, your dog should not get treats out of the Halloween candy bowl. Generally, it isn’t a good idea to share any candy with your pet ...
Imagine rushing out to your car in the early hours of the morning, the workday looming ahead of you. You toss your jacket and belongings in the passenger seat, flop down in front of the wheel, crank the ignition and… you’re met with a sound similar to a jet plane firing up its engines. But you drive a Prius. You’re the latest victim of catalytic converter pirates. Car trouble...
If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28% of all households (36.1 million) are sole-person, and that number is growing. Over the past 40 years, the number of sole-person households has nearly doubled, ...
Who's up for a Courtside for a Night of Pickleball and Networking? ACG Orange County is the trusted and respected source for connecting with middle-market dealmakers and business leaders who invest in growth and build companies. Face-to-face events, online tools, structured networking opportunities, exclusive member benefits and leading-edge market intelligenc...
Some people have no clue about their home’s value. Others methodically scrutinize and analyze, but still end up with doubts. And still there are those who fully trust one figure, say a property assessment, only to list their home and find that the market doesn’t quite agree. There are so many moving factors involved with valuation that precision can be tricky. But excuses aside, wha...
