Statistics for 90815
Click here for...
Average prices over past year Median prices over past year Number of listings over past year Details of each house sold over past year
and MUCH more...
.
Sunday, February 20, 2011
Watching The Numbers...
Watching the number of homes both for sale and in escrow in East Long Beach gives us a barometer on what is happening in our local real estate market. Obviously, a rising number of homes in escrow is a good sign of things. On the other hand, a rising number of homes currently for sale can have a depressing result on prices. We will be constantly watching these numbers and posting them here. As of today the numbers stand at:
Date | Homes On Market | Homes In Escrow |
| Feb 20 | 144 | 80 |
| Sept 21 | 70 | 86 |
| Sept 03 | 69 | 97 |
| Aug 13 | 76 | 80 |
| July 14 | 107 | 93 |
| July 1 | 69 | 98 |
| June 13 | 77 | 105 |
| June 8 | 69 | 106 |
| May 30 | 66 | 102 |
May 18 | 59 | 102 |
May 10 | 78 | 88 |
Please add your comments and questions below...
.
Friday, February 18, 2011
Fast Facts
Fast Facts
Calif. median home price: January 2011: $278,900 (Source: C.A.R.)
Calif. highest median home price by region/county January 2011: Marin $657,890 (Source: C.A.R.)
Calif. lowest median home price by region/county January 2011: Merced $100,620 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Fourth quarter 2010: 69 percent (Source: C.A.R.)
Mortgage rates: Week ending 2/10/2011 30-yr. fixed: 5.05 Fees/points: 0.7% 15-yr. fixed: 4.29% Fees/points: 0.7% 1-yr. adjustable: 3.35% Fees/points: 0.6% (Source: Freddie Mac)
.
Calif. median home price: January 2011: $278,900 (Source: C.A.R.)
Calif. highest median home price by region/county January 2011: Marin $657,890 (Source: C.A.R.)
Calif. lowest median home price by region/county January 2011: Merced $100,620 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Fourth quarter 2010: 69 percent (Source: C.A.R.)
Mortgage rates: Week ending 2/10/2011 30-yr. fixed: 5.05 Fees/points: 0.7% 15-yr. fixed: 4.29% Fees/points: 0.7% 1-yr. adjustable: 3.35% Fees/points: 0.6% (Source: Freddie Mac)
.
Tuesday, February 15, 2011
Buying A Home Cheaper In Nearly Three Quarters Of Big U.S. Cities
Buying A Home Is Cheaper In Nearly Three Quarters Of Big U.S. Cities -- According to Trulia
Click here to read the full story.
.
Monday, February 14, 2011
Clarification on Healthcare Sales Tax on Real Estate
There is a lot of misinformation that has been circulating on the Internet and in e-mails that the healthcare reform bill passed last year includes a sales tax on real estate. This is false information, and I’d like to clarify the issue. The new law imposes a 3.8 percent tax for households in the top tax brackets on “unearned income.” This includes capital gains. However, this will not impact the exclusion on capital gains earned from the sale of a primary residence up to $250,000 for individuals and up to $500,000 for married couples. The 3.8 percent tax only applies to capital gains above the normal exclusion. A typical home sale will not incur any tax, and for the vast majority, the 3.8 percent tax won’t apply.
.
.
Five steps to first-time buyer happiness
Five steps to first-time buyer happiness
The first step in the home-buying process is to find out what you can afford to pay for a house, condo, or co-op.
Click here to read the full Mercury News story
Subscribe to:
Comments (Atom)
