11/03/2014

Just Sold in Long Beach

Just Sold in Bluff Park:
2601 E Ocean Blvd., #305 -- a 2 bedroom/2 bath + dining room end unit with ocean and neighborhood views. Lots of character and space in this 1970's condominium. Third floor unit in an upgraded homeowner association.

Just Sold in Carson Park:
7027 E Keynote St -- Large 4 bedroom home (expanded many years ago from original one-story model), with two bathrooms and very large family room with a corner brick fireplace, upgraded kitchen and original dining area.  In interior tract location near schools, ideal for family.

Just Sold in Lakewood:
4323 Woodruff Ave. -- in ideal residential location near local shopping, this home has a dining room, family room, unpermitted bonus room ideal for office space, upgraded kitchen and 3 bedrooms/2 baths. 

Call for more information, or visit my website at http://www.juliahuntsman.com.

Serving buyers and sellers since 1994. Lic 01188996

10/27/2014

Single Family Home Prices in Long Beach 90803 and the City of Long Beach

Single family home prices in the 90803 zip code (including Bluff Park, Belmont Shore, Naples, Belmont Heights) have, on average, ranged between $554,000 and $970,000 over the last three years. November 2011 and September 2014 are so far the two highest points on the scale. The majority of houses selling over $900,000 during 2014 in this zip code are mostly in Belmont Shore, next is The Peninsula, Bluff Park and the lower part of Belmont Heights.
MLS: RS1406706
A home in the price range may have 3 bedrooms, 2+ baths, about 2100 sq.ft. on the interior, was about 70-80 years old, and was typically on the market for about 80 days. The property at the right at 177 Glendora was actually on the market 203 days per CRMLS, and closed escrow on October 20, 2014 selling at $969,000.

If you would like more information about the value of your home in this area, or any other area, please contact me for an in-person or online valuation.  Online valuations are considered more general, but a reasonable estimate of value may be obtained by looking at similar sales within a certain range and size.   

10/16/2014

There are California Programs to Help Buyers Buy

e Down Payment Resource automated down payment assistance program finder does the research for you and quickly matches you with specific homebuyer assistance programs for which you may be eligible.
With Down Payment Resource, you’ll learn:
  • The total number of homebuyer programs available to you
  • The name of each program
  • The amount of down payment assistance available
  • How to use this information when shopping for a home
  • Your next steps to learn more and apply for the program
- See more at: http://downpaymentresource.com/homebuyers/#sthash.HId2n8o2.dpuf
The Down Payment Resource automated down payment assistance program finder does the research for you and quickly matches you with specific homebuyer assistance programs for which you may be eligible.
With Down Payment Resource, you’ll learn:
  • The total number of homebuyer programs available to you
  • The name of each program
  • The amount of down payment assistance available
  • How to use this information when shopping for a home
  • Your next steps to learn more and apply for the program
- See more at: http://downpaymentresource.com/homebuyers/#sthash.HId2n8o2.dpuf
e Down Payment Resource automated down payment assistance program finder does the research for you and quickly matches you with specific homebuyer assistance programs for which you may be eligible.
With Down Payment Resource, you’ll learn:
  • The total number of homebuyer programs available to you
  • The name of each program
  • The amount of down payment assistance available
  • How to use this information when shopping for a home
  • Your next steps to learn more and apply for the program
- See more at: http://downpaymentresource.com/homebuyers/#sthash.HId2n8o2.dpuf
The Down Payment Resource automated down payment assistance program finder does the research for you and quickly matches you with specific homebuyer assistance programs for which you may be eligible.
With Down Payment Resource, you’ll learn:
  • The total number of homebuyer programs available to you
  • The name of each program
  • The amount of down payment assistance available
  • How to use this information when shopping for a home
  • Your next steps to learn more and apply for the program
Click Here to find out if you are eligible for first time home buyer down payment assistance.
- See more at: http://downpaymentresource.com/homebuyers/#sthash.HId2n8o2.dpuf

Wave of Singles to Make Big Impact on Housing.

Half of all American adults now live in one-person households, a rapidly growing number, according to the Bureau of Labor Statistics. The singles demographic is likely to reshape multifamily communities and single-family home designs going forward, according to Builder Online.

In 1976, only 37 percent of adults were single. As of August 2014, that percentage has bloomed to 50.2 percent, or about 124.6 million singles. It marks the first time that single Americans make up the majority of the adult population since the government began tracking such data.

This growing segment also will impact floor plans, which will go from static to flexible affordability will be a key factor due to the reduced income of a single homeowner compared with that of dual-earner couples.
as living arrangements change more frequently. Analysts also project that this group will job hop more often and bring new types of living arrangements into the housing market – such as friends buying homes together. Additionally,

At the recent California Association of Realtors 2014 Expo and Conference last week, the obstacles for first time buyers--an important force in the real estate market--were characterized as having:         
  Lots of competition for existing housing stock.
• Affordability constraints.
• Lack of a down‐payment.
• Lack of information about the home‐buying
   process.
• Fear of financing: “I can’t qualify”.
• Job prospects/security still dim for many.
• Many who have jobs are under‐employed.
To help all types of buyers with potential programs, there is a resource to help sift through the wide array of programs that could be available in a given area.
 
Down Payment Assistance for Buyers.
Did you know, according to California Association of Realtors' Down Payment Resource™ Homeownership Program Index that there are…
-Over 300 programs in California
-59% provide direct down payment & closing cost assistance
-10% provide mortgage credit up to $2,000 for the life of the loan
-26% are available to repeat buyers.

The Down Payment Resource automated down payment assistance program finder  is a FREE program and does the research for you.  It quickly matches you with specific homebuyer assistance programs for which you may be eligible.  With Down Payment Resource, you’ll learn:
  • The total number of homebuyer programs available to you
  • The name of each program
  • The amount of down payment assistance available
  • How to use this information when shopping for a home.
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