Downtown Long Beach Condos Market Report 2008Downtown Long Beach Condos Market Report 2008Downtown Long Beach Condos Market Report 2008
January 1, 2008 - June 17, 2008
The Downtown Long Beach Condo Market has begun to pick up a bit. Lenders have tightened up on lending standards, interest rates are lurking around 6.5% and buyers must be pre-qualified. It's a smart buyer that has a lock in letter and a loan commitment from their lender to protect themselves. This puts some strong buyers on the market right now and they are looking to purchase the most their money will buy. There are some really great buys available right now, well priced units are receiving multiple offers and investors are out shopping.
Remember the old saying buy low, sell high? Well, prices are at the lowest they have been in many years. The smart money is buying now.
There are currently 160 Downtown Long Beach Condos for sale.
10 Downtown Long Beach Condos are in escrow accepting backup offers.
22 Downtown Long Beach Condos are pending in escrow.
46 Downtown Long Beach Condos have closed escrow in 2008.
68 Downtown Long Beach Condo Owners cancelled their listings.
93 Downtown Long Beach Condo Listings Expired:
3 Downtown Long Beach Condo Listings are currently on Hold:
6 Downtown Long Beach Condos have been Withdrawn from the market:
5 Downtown Long Beach Condos For Sale were leased:
Long Beach Relocation Resource and City Guide
http://www.longbeachrealestatehome.com/00910C Posted on June 17, 2008 17:27:34 by Laurie Manny
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To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.
