This September was one of my busiest Septembers of my career. It seemed like I was running like a mad man all month. My time was spent helping buyers find the home of their dreams. I love working with buyers... it is more of a challenge than working with a seller. Buyers require more attention and it is fun to teach new buyers the ropes. My rule is to work with anyone who is qualified to buy regardless of the price range they are in. Long Beach had a good September as far as sales were concerned. We are seeing the average home sale around $402,284 and being on the market for around 72 days. We saw 420 new listings last month most of which are somewhere in the foreclosure to bank owned process. Currently there are 1535 homes (Homes means any type of residential houses and does not include duplex and apartments buildings)on the market Below are the statistics I used from the SoCal - MLS
| City | New | LP | Sold | SP | DOM |
| LONG | 420 | $439,414 | 210 | $402,284 | 72 |
| SIGH | 11 | $423,181 | 11 | $312,950 | 104 |
| | 431 | $431,297 | 221 | $357,617 | 88 |
The good news is homes are selling and there is still inventory. The decision that needs to be made is "is this a good time for you to buy" Remember invest in your self and use a good buyers agent to walk you through the process. What a lot of people do not understand is we are paid by the seller and our job is to lookout for you and your needs.
I have a special Foreclosure areas on my website... check them out.... Have a great week... Jeff
No comments:
Post a Comment