California August 2016 Home Sales Report

August 2016 breakdown – California sales were down, median prices up = TIGHT SUPPLY!  Anyone searching for a new home or searching for a rental keeps hearing this tune over and over; inventories are low.  Additionally frustrating purchases might have also been talk of an increase in interest rates by the Fed in the Fall.  We have continued to purchase homes at a steady pace but nowhere near our peak three years ago.

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California April 2016 Home Sales Report

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Take a look!  Home pricing is getting MORE expensive!  The median price of a home has now reached over $500K statewide!  What is driving the growth in pricing?  Take a closer look!  Sales of single family homes DECREASED from last year and the previous year!  From my conversations more homeowners are staying put, making housing more scarce and driving prices of existing homes higher.  Many homeowners are taking advantage of lower property taxes by holding onto what real estate they have instead up trading up or down.  Questions?  Email me for more assistance on how to buy or sell a home in this market!

Hawthorne House for Rent! OVER 2000 SQ Ft!

3362 1/2 W. 134th St.
Hawthorne, CA 90250

3_187025_2002231 3_187025_2002230 3_187025_20022283_187025_20022263_187025_2002223  3_187025_2002225  3_187025_2002234 3_187025_2002222 3_187025_2002227 3_187025_2002232

Bed Bath SQ.FT. Rent Deposit
4 2.00 2,356 $2,500 $2,500
  • 24 Hour Emergency Maintenance
  • Carpeting
  • Central Air
  • Dishwasher
  • Disposal
  • Efficient Appliances
  • Fireplace
  • Gas Range
  • Long Lease Terms Available
  • Microwave
  • Patio/Balcony
  • Pet Friendly
  • Professionally Managed
  • Window Coverings

Contact the tenants agent directly:  Paul  Krause at 310-850-5178

TENANTS should have proof of income prior to scheduling a viewing.

CalBRE #01835890

2 Bedroom Long Beach House for Rent – 68th Way!

PET FRIENDLY with $250 pet deposit per pet – NO breed or weight restrictions!

2 Bedrooms,  1 Bathroom ,  1,320 Sq Ft. living space – $1,895/mos. parking behind house – sorry no back yard.

Contact me directly about this house at 310 936 6830 – Thanks – Paul

1 2 3 4 5 6 7 8 9 10

191 E 68Th Way
Long Beach, CA 90805

Our CL Ad:

http://losangeles.craigslist.org/lgb/apa/4697839200.html

California Housing Affordability Down in June 2014!

For those who follow the affordability levels here in California will notice that house affordability is DOWN 2%…

FAST FACTS

  1. median home price: June 2014:
  2. Pending Home Sales Index
    June 2014: Decreased 2.8 percent from 110.1 in May to 107 in June.
      
    Calif. Traditional Housing Affordability Index: Second Quarter 2014: 30 percent (Source: C.A.R.)
  • California: $451,160
  • Calif. highest median home price by region/county June 2014: San Mateo, $1.12 million
  • Calif. lowest median home price by region/county June 2014: 
    Merced, $158,820

Mortgage rates: Week ending 8/7/2014 (Source: Freddie Mac)

  • 30-yr. fixed: 4.14% fees/points: 0.7%
  • 15-yr. fixed: 3.27% fees/points: 0.6%
  • 1-yr. adjustable: 2.35% Fees/points: 0.5%