Speaking to Real Estate Agents at Keller Williams Pacific Estates – Long Beach

Speaking to RE agents in long Beach

I recently had the pleaseure to speak to agents at Keller Williams Pacific Estates office in Long Beach.

I brought them up to speed on the what lenders are requiring appraisers to do. How to pick comparables, what a FHA inspection is comprised of, and most important, “that they can talk to appraisers.

We then did Q&A for about a half hour.

If you would like me to come talk to your office, please call me 562-673-1138

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July 2, 2013   No Comments

Foreclosure and Market Trends in Long Beach

I was curious about Foreclosure activity in Long Beach.  I did some research, only to find out that Long Beach rated as one of the top Foreclosure Cities in Los Angeles County by Foreclosur Radar, and in that, the top zipcode with the most Foreclosure Activity was 90805.

Look at the Foreclosure chart for Inventories, and look at October, then look at the Median Price vs Inventory chart. Inventory of homes on the market went up as the the foreclosure inventory creeped up.

But, the bigger point to make is that values are still dropping, which could increase more foreclosures.

 

Activity for Zip Code 90805

Real Estate Market Chart by Altos Research www.altosresearch.com

Real Estate Market Chart by Altos Research www.altosresearch.com

If you  need have and real estate appraisal needs in the greater Los Angeles and Long Beach Area, contact me at 562-673-1138, www.wallaceres.com

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April 8, 2011   No Comments