As of today, there are 1,062 single family homes for sale in Long Beach, California and 563 condos for sale. The increase in inventory has given buyers more homes to choose from and has caused prices to go down a little. The average time a home is on the market is 55 days before an offer gets accepted.
Now, is the time to go shopping for a home. Rates are still under 7% interest and homeowners are motivated to sell.
Long Beach Real Estate Market Update for June 2006
Talk to your favorite real estate professional to assist you. Realtors abide to a strict code of ethics and love to help you. Most of them that get into the real estate business do so because they feel that they are good with people and love to help. Their focus is on helping you instead of trying to sell you something. But you have to tell them what you don’t like in a home as well as what you do like.
Seek out Realtors that take a consulting approach to real estate. The consulting approach is all about listening and communicating. The right Realtor on your side can save you thousands of dollars when buying or selling real estate.
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