March 2014

There are 43 blog entries for March 2014.

What is it like to live in Long Beach’s East Village?

East Village is the emerging arts community of Long Beach located in the eastern portion of Downtown. East Village includes houses for sale in Long Beach CA along with tons of boutiques, coffee shops, cafes, art galleries and museums. Shopping, food, sandy beaches and adventure are all within walking distance in this thriving urban setting. Supporting local art, business and culture is just part of living in Long Beach’s East Village. East Village houses for sale Long Beach CA include lofts, cottages, duplexes and high-rise condominiums. Home prices range from the mid $200,000’s for modest one bedroom condos to over $2 Million studios. The range of affordability brings together all walks of life into…

First Team’s Weekly Mortgage Watch (March 30th, 2014) this week highlights the following updates:
  • Last week saw mortgage rates continuing to be constrained in a fairly tight range.  Economic news was mostly positive, but continues to reveal an economy that is lackluster.
  • Fourth quarter GDP was adjusted upward to 2.6%, as expected, but still was still 1.5% lower than the previous quarter.  Consumer Confidence hit a six-year high. 
  • However, six years ago, in March, 2008, the recession and housing crash were well underway.  While we should be thankful that the economy is growing, we continue to lack the upward momentum to drive the economy to its true potential.
  • This week has some important economic data that certainly could push rates either

There are currently 13,977 active properties for sale in Inland Empire, CA real estate. 11,613 are single family homes with an average listing price of $503,000 and 1,827 are condos or townhome with an average listing price of $277,750. If you’re in the market to buy a house, consider working with a buyer’s agent – their help in the home buying process can be invaluable. There are several misconceptions about agents and what they do but at the end of the day their job is to help you get what you want, the home of your dreams. You can view homes for sale in the Inland Empire this weekend at an open house or by appointment with a First Team Real Estate Agent. Call or email now and we’ll connect you with a top agent in your area of interest.

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There are a total of 11,488 active properties in the Los Angeles County, CA real estate market. Of those listings 8,541 are single family homes - average active listing price $1,239,000, and 2,825 are condos and townhomes with an average active listing price $640,500.   If you’re interested in viewing houses in Long Beach for sale then prepare yourself with 5 Things to Check Out Before You Buy Long Beach Real Estate. It’s a great checklist for Long Beach real estate and any home you buy. You can view Long Beach homes for sale and other L.A. County real estate at open houses this weekend or by appointment with a First Team Real Estate Agent. Call or email now to set up your appointment.

Email us at clientservices [at] firstteam.com

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There are a total of 5,394 homes for sale in Orange County, CA real estate. Of those 3,429 are single-family homes with an average active listing price of $1,602,000, and 1,728 are condos and town homes with an average active listing price of $539,000. Not sure where to start your search for homes for sale in Orange County, CA then check out our list of the Top 10 Best Orange County Suburbs To Live In. Once you’ve found the right city to settle into, then it’s time to start looking for your dream home. You can view homes for sale in Orange County this weekend at an open house or by any time appointment with a First Team Real Estate agent. Call or email us now to set up your appointment.

Email us at clientservices [at] firstteam.com

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Every home buyer wants to walk into a home and feel like they’ve found “the one” and when you’re checking out houses in Long Beach for sale, it’s certainly easy to fall in love. But even when you think you’ve found your dream home among Long Beach real estate, or any other area, you need to tread carefully. Don’t let your infatuation with your potential new home cloud your better judgment. Before you make an offer, be sure to check on these 5 important factors that may sway your decision.

1. Neighborhood

The home might be perfect, but is the neighborhood? Ask the sellers what problems (if any) they’ve had to deal with—you don’t want to move into a house surrounded by loud, obnoxious dogs or feuding neighbors.

Ask about the dynamics of the

What is it like to live in Downtown Long Beach?

Downtown Long Beach roughly encompasses the area east of the Los Angeles River, north of the Pacific Ocean, west of Alamitos Avenue and south of 7th Street zip code 90802. Houses for sale Long Beach CA within Downtown include high-rise condos, artist lofts and small cottages. The city center includes a wide range of home prices and residents from all different walks of life. There is always something to do or see in Downtown Long Beach and all within walking distance.

The beach, shops, restaurants, local events, and local attractions are all within reach. Bursting with urban flair, convenience and the laid back feel of a coastal city Long Beach has it all. Downtown Long Beach includes the East Village

When it’s time to put your house on the market home sellers are faced with a dilemma – renovate and increase your home’s value or sell as is. There can be a fine line between improvements and renovations that are necessary and add value and those that are wasting your time and money.

We’ve compiled all the most important data from the NAHB (National Association of Home Builders) and CAR (California Association of Realtors) and come up with a top 5 list of home improvements that buyers are looking for while they’re shopping for homes and give you money back for your investment. Even if you’re not ready to move, these are improvements you can enjoy now and rest easy that future buyers will love as well.

Kitchen updates

85% of home buyers want a

First Team’s Weekly Mortgage Watch (March 23rd, 2014) this week highlights the following updates:
  • Mortgage rates bounced around, again, last week with the new Fed Chief providing some additional insight, along with most economic news continuing to register positive, but on the rather weak side of positive.
  • As expected, the Fed continued to trim its QE3 program and mostly scratched 6.5% as the unemployment target that would trigger a change in interest rate policy.  While much of this was expected, what was a surprise was Chair Yellen’s comments after the meeting.  To many analysts she signaled a sooner than previously expected time frame for increasing the Fed Funds rate.
  • This week may see markets continuing to sort out the Fed’s comments, and

What is it like to live in College Park Estates?

Real estate for sale Long Beach CA within the College Park Estates neighborhood is family friendly and conveniently located within the city. College Park Estates in Long Beach is bordered by E. 7th Street, Los Cerritos Channel, E. Atherton Street and the 405 Freeway located in zip code 90815. College Park Estates houses in Long Beach for sale are built by S&S, a high end home builder. The neighborhood is composed of single family homes with close access to the marinas and just 5 minutes from the Cal State Long Beach campus.

According to First Team Agent James Lowe from the Long Beach office, College Park Estates and nearby University Park Estates are quiet, well maintained neighborhoods known for