Long Beach Real Estate-Long Beach Condos

In response to: Long Beach Own Your Owns-OYO-OYOs-Condo Conversions-Income Properties in Long Beach

A lot of OYO's and Upper East Side rentals in New York are going to condominium conversinons now. Definitely a great form of investment!

In response to: Temple Lofts Penthouse For Sale-835 Locust Ave 611-90813-Downtown Long Beach-Long Beach Real Estate For Sale

Wow, I am amazed that lofts can be purchased in Long Beach for under $200 SF. We are seeing $/SF rates almost double that in the popular DC loft neighborhoods.

In response to: Circle Area Real Estate Market Report-Homes-Condos-Income Properties-Long Beach Real Estate

Thanks for providing really good information regarding real estate.

In response to: Lakewood Plaza Rancho Neighborhood Market Report-Long Beach Real Estate

It looks like things are starting to recover throughout the continent. For example, <a href=http://www.jimsparrow.com/blog/calgary-real-estate-to-see-modest-2010-growth.html>realty in Calgary</a> is expected to increase by 6.3% in price and 17.7% in sales. While this isn't the fastest growth we have seen, it signals that markets are starting to grow, and that we might see a stronger recovery later on. From what you are saying, it looks like there is a chance markets in your area might do the same.

In response to: Long Beach Luxury Homes Market Update 2010 - Long Beach Real Estate

Great Post! I find your blog very helpful for real estate and I am sure others do as well. Keep up the good work!

In response to: BLU Condos-350 Long Beach Bl-Downtown Long Beach Condos-Long Beach Real Estate & Condos

Very informative real estate blog. Thanks I have bookmarked this one.

In response to: BLU Condos-350 Long Beach Bl-Downtown Long Beach Condos-Long Beach Real Estate & Condos

Great info on the new Blu condos.

In response to: Long Beach Condo Buyers Beware! Long Beach Real Estate Condos and Lofts

For HOA's this is pretty much a repeat of what happened in the 90's real estate crash. The 81 unit building I lived in over in the West End of downtown near Edison Elementary had probably 75-80% of the units go into foreclosure at least once! Thankfully our board was aggressive about collections. We fired our longtime management company and hired a new one with the stipulation that delinquent owners were a top priority. Soon we had two attorneys working on our collections (with their billable hours and all fees being added to the homeowner's outstanding balance).

It's amazing what happens when you start filing liens and garnishing wages! We also had pretty good luck getting the banks to pay on units they were holding. Threatening to file a lien against the unit also gets the bank's attention.