Can a retirement account be used to purchase a home?

There are few things in life more frustrating than that longing to own your own home combined with the very real fact that your bank account is a bit on the skimpy side. The media is full of stories about shrinking home inventories and multiple-offer situations so there are obviously others who have found a way to swing the dream of home ownership. “What’s wrong with me?” you may wonder.

To read more click here.

As your Long Beach Real Estate experts Team Reyes is here to guide you through the process one document at a time. If you are unsure that Long Beach is the right place to settle down and call home, let Team Reyes give you the grand tour and share with you why Long Beach is positioned for so much more than just a place to call home.

To learn more about Long Beach Visit this link

Take a look at these starter home $500K and under in Long Beach zip codes  90802, 90804, 90806, 90807, 90808, 90813, 90814, 90815. If you would like to schedule a no hassle appointment to view the inside click schedule and we will confirm promptly.

List of Long Beach homes $500K and UNDER!

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4 Steps to take in order to sell your home this fall.

Autumn brings cooler nights, colored leaves, and shorter days. Generally
speaking, the amount of active houses on the market tends to drop in the
fall. Nevertheless, with a seller’s market at hand and a harvest moon hung in
the sky, you can have great success selling your home in autumn. In fact,
fewer homes on the market means your home will have even less competition and
that could mean a quicker sale at a better price.

While spring is tranditionally known for it’s large amount of home buyers,
some of these buyers are just lookie-loos and never intend to buy. Fall and
winter buyers tend to be more serious. Many fall buyers are looking because
they just moved to the area, recently got married or divorced, or have
undergone some other life change that means they MUST buy a house.
Additionally, the Long Beach, CA housing market is still hot, hot, hot and
low inventory has many folks still searching for a home to call their own.

The belief that one needs to wait for spring to buy or sell a home is really
an antiquated notion. Thanks to the Internet and Social Media Marketing it’s
easier than ever for people to search for homes all year round. There is no
real off season in home-selling or buying anymore. There are many other
factors that are more important to successfully selling a house than the
season! Factors like listing price which we can together influence, condition
which the homeowner has the ability to correct, location which unfortunnalty
cannot be easily changed, and the Realtor you choose to work with will have
more influence on your success than the season.

Here at Team Reyes Real Estate we pride ourselves in our High Tech High Touch
marketing strategies that attract the ideal buyer for your most precious  asset. Send us a message to find out how and we will demonstrate our capabilities to get the job done or we shake hands and walk away.

While you wait for our reply please check the pulse of your homes value at HOMEVALUESOCAL.COM and to learn more about what Team Reyes does differently please visit us at Meet Team Reyes

 

Don’t let an HOA derail your home purchase, here are 3 ways and HOA can derail your purchase.

Here are some things that can go wrong when purchasing a property with an HOA, please review and read all HOA documents thoroughly. The Long Beach Real Estate Market has properties of all types with an HOA and not all are ran in a professional and ethical matter. Long Beach has many HOA’s managed properties which makes it easy to verify the status and standards of active HOA’s these days social media has created a court room by which all can be judged or praised. Buyers please perform your due diligence as there is nothing worse than buying a beach close home in Long Beach and have an HOA with a poor track record. If there is anything we can help with or any questions you need answered regarding real estate in Southern California do not hesitate to reach out.

Read more here…. HOA can derail your home purchase

As a service to our clients we provide a free home valuation website which allows homeowners the luxury of obtaining an instant home valuation in 15 seconds or less from the comfort of your home visit Southern California Home Values for additional information.

 

Thank you,

Team Reyes

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Long Beach, CA Real Estate Market Update.

Long Beach Real Estate Market update.

Visit www.TeamReyesRealEstate.com finally a single place filled with
additional Tips and ideas to make the home selling and buying process easier.

The Long Beach real estate market is healthy. The median list price is
$599,995 and the average home has been on the market for 71 days. In the past
month, there have been 359 real estate transactions in Long Beach, with a
median sale price of $549,900. The recent sales activity in Long Beach
represents a -2.7% change over the prior month.

There are currently 841 Long Beach homes for sale, which equals about 2.3
months of inventory. There are 453 detached homes for sale, 18 townhouses for
sale, and 223 condos for sale. In the past 30 days, there have been 392 new
listings in Long Beach, 248 price changes, 189 new contracts, and 359 home
sales.

If you are interested in determining your homes value please visit @@ CHECK
YOUR HOME VALUE HERE!! www.HomeValueSocal.com @@CHECK YOUR HOME VALUE HERE!!

For a detailed look at the actual Long Beach Housing numbers click on the
individual links for a year to date as it compares to the historical numbers.

You may want to bookmark this post full of dynamic links which fluctuate day
to day.

We are Long Beach Real Estate Agents and are available to answer your calls
562-326-2127

New Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uwv-0U5

Active Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uwn-RS7

Pending Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSd-dtr

Closed Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uS7-AcC

Days on Market

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSE-PeD

Months of Supply

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uS3-K7C

Median Price Per Square Foot

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSs-tG7

Percentage of List Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSM-a7L

Percentage of Original Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSe-PkG

Final Median Sales Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSG-GQd

California pending home sales continue to spiral downward. 

June REALTOR® Market Pulse Survey**:
Entering the summer months, the housing market is showing signs of slowing as REALTORS® begin to grow cautious about dwindling inventory and curbed affordability.

For the full report, visit the link below. If you are a home owner in the Long Beach, CA or surrounding areas Team Reyes is positioned to help navigate this changing market. 

http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/jun2017pending

California Real Estate Market LandScape is Changing.

California pending home sales stumble for fifth straight month in May

LOS ANGELES (June 28) – Even with a strong performance in May closed escrow sales, California pending home sales fell for the fifth consecutive month, suggesting the state’s housing market may underperform over the next few months, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Along with the decline in pending sales, REALTORS® are more cautious due to their growing concern over supply and affordability issues, C.A.R.’s May Market Pulse Survey** found. REALTORS® also saw fewer floor calls, and less open house traffic than in April.

For a Complimentary Report of the state of the housing market click learn more. Lastly we are continuing to see increases in cities of Downey, Long Beach and Whittier Real Estate.

Also to instantly determine your homes value visit http://www.HomeValueSocal.com

 

california state of the market

Long Beach, CA Real Estate is HOT!!!

LONG BEACH REAL ESTATE REPORT
The Long Beach real estate market continues on a healthy note. The median list price is $559,000 and the average home has been on the market for 82 days. In the past month, there have been 206 real estate transactions in Long Beach, with a median sale price of $519,950. The recent sales activity in Long Beach represents a +13.0% change over the prior month.

There are currently 698 Long Beach homes for sale, which equals about 3.4 months of inventory creating opportunities for buyers that were once on the fence.

There are 361 detached homes for sale, 21 townhouses for sale, and 200 condos for sale. In the past 30 days, there have been 325 new listings in Long Beach, 169 price changes, 158 new contracts, and 206 home sales. Visit the Long Beach real estate news blog for more information.

If you are interested in determining your homes value please visit @@ CHECK YOUR HOME VALUE HERE!! www.HomeValueSocal.com @@CHECK YOUR HOME VALUE HERE!!

For a detailed look at the actual Long Beach Housing numbers click on the individual links for a year to date as it compares to the historical numbers.

You may want to bookmark this post full of dynamic links which fluctuate day to day.

We are available to answer your calls 562-326-2127

New Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uwv-0U5

Active Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uwn-RS7

Pending Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSd-dtr

Closed Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uS7-AcC

Days on Market

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSE-PeD

Months of Supply

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uS3-K7C

Median Price Per Square Foot

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSs-tG7

Percentage of List Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSM-a7L

Percentage of Original Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSe-PkG

Final Median Sales Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSG-GQd

Whittier, CA Real Estate is HOT!!!

WHITTIER REAL ESTATE REPORT

The Whittier real estate market is very healthy. The median list price is $599,999 and the average home has been on the market for 75 days. In the past month, there have been 39 real estate transactions in Whittier, with a median sale price of $585,000. The recent sales activity in Whittier represents a +10.0% change over the prior month.

There are currently 116 Whittier homes for sale, which equals about 3 months of inventory creating a slight advantage to buyers.

There are 89 detached homes for sale, 4 townhouses for sale,and 8 condos for
sale. In the past 30 days, there have been 64 new listings in Whittier,
34 price changes, 51 new contracts, and 39 home sales.

If you are interested in determining your homes value please visit @@ CHECK YOUR HOME VALUE HERE!! www.HomeValueSocal.com @@CHECK YOUR HOME VALUE HERE!!

For a detailed look at the actual Long Beach Housing numbers click on the individual links for a year to date as it compares to the historical numbers.
You may want to bookmark this post full of dynamic links which fluctuate day to day.

We are available to answer your calls 562-326-2127

New Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79M-8gH

Active Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79i-Kzb

Pending Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q795-VOP

Closed Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79o-jLC

Days on Market

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79v-wvS

Months of Supply

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79e-rli

Median Price Per Square Foot

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q799-AKg

Percentage of List Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79c-8D0

Percentage of Original Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q707-Ktg

Final Median Sales Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q702-DZl

Downey, CA Real Estate is HOT!!!

DOWNEY REAL ESTATE REPORT

The Downey real estate market is healthy. The median list price is $610,000 and the average home has been on the market for 99 days. In the past month, there have been 44 real estate transactions in Downey, with a median sale price of $517,000. The recent sales activity in Downey represents a -1.1% change over the prior month.

There are currently 157 Downey homes for sale, which equals about 3.6 months of inventory and is following the trend for most of the
Los Angeles areas. There are 123 detached homes for sale, 10 townhouses for sale, and 14 condos for sale. In the past 30 days, there have been 67 new listings in Downey, 38 price changes, 41 new contracts, and 44 home sales.

If you are interested in determining your homes value please visit @@ CHECK YOUR HOME VALUE HERE!! www.HomeValueSocal.com @@CHECK YOUR HOME VALUE HERE!!

For a detailed look at the actual Long Beach Housing numbers click on the individual links for a year to date as it compares to the historical numbers.

You may want to bookmark this post full of dynamic links which fluctuate day to day.

We are available to answer your calls 562-326-2127

New Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7kM-YP8

Active Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7ki-Ezb

Pending Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7k5-gRH

Closed Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7kW-XSi

Days on Market

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7kp-XZ9

Months of Supply

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7kv-wBB

Median Price Per Square Foot

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7k9-iNS

Percentage of List Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7kc-PhI

Percentage of Original Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q7kG-bzm

Final Median Sales Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/Q79B-fQG

Long Beach Real Estate Market Update Report From Your Favorite Long Beach Realtors.

The Long Beach real estate market is fairly healthy. The median list price is $557,900 and the average home has been on the market for 73 days. In the past month, there have been 330 real estate transactions in Long Beach, with a median sale price of $510,000. The recent sales activity in Long Beach represents a +4.1% change over the prior month.

Live Update Long Beach Closed Transaction Prices The Statistics contained in this link fluctuate monthly so please check back.

There are currently 1,041 Long Beach homes for sale, which equals about 3.2 months of inventory. There are 533 detached homes for sale, 12 townhouses for sale, and 330 condos for sale. In the past 30 days, there have been 465 new listings in Long Beach, 262 price changes, 217 new contracts, and 330 home sales.

It appears that the hot market of previous months is slowly coming to an end. Not sure what the implications of carrying more than 3 months of active inventory are only time will tell.