Tagged : huntington beach real estate market

The Huntington Beach Real Estate market is on the rebound and that includes the million dollar plus range as well.  In Jan 2013, there were a total of 8 homes that sold over the $1 million dollar price point.  The highest sale reported in at $1,825,000 for a french Normandy estate home located in the downtown Huntington Beach area.   The home was on the market for a total number 84 days and closed from the original list price of $1,999,500.  Other sales over the million dollar mark included new construction homes in the new Huntington Beach community of Pacific Shores.

The two sales came in at $1,193,128 and $1,137,514 for their four and five bedroom homes with square footage's of 3,585 and 3,608 respectively.  We were noting on our last blog that

Everyone wants to find a good deal when buying a home in Huntington Beach. With the shortage of homes up for sale it has become a seller's market and buyers have less room to negotiate for the best deal. There are still good deals to be found and you just have to know where to look. Here is a quick guide to where you can find them.

1) Huntington Beach Inclusionary Program - We love these homes since they help low income buyers who need financial assistance in buying a home. Since most applicants can qualify for these homes the buying and negotiating buyers is really good. The first step is to see if you qualify for the program. You can visit the official website by just entering into any search engine the phrase "Huntington Beach Inclusionary

There is a lot of speculation on what the real estate market will do in 2013.  With the upcoming Presidential elections coming up next month many buyers are sitting on the fence and waiting to see the outcome before making any buying decisions.  This is typically during an election year as many home buyers are skeptical in making the wrong move.  There have been many reports that indicate 2013 will be a strong year for real estate and prices will slowly continue to go up. 

We have already started to see this happen here in Huntington Beach as well priced properties are receiving multiple offers.  The banks are also gearing up to flush out any distressed properties that may have in their portfolio and focus on helping these owners short sell their

The Huntington Beach Real Estate market is really picking up, especially for homes listed for sale under $500,000.  Currently there are 77 single family homes in escrow that are detached single family homes priced below $500,000.   This is in comparison to 27 homes listed currently active "for sale" in this same price range with a large number of them being new listings.  What has changed?  Well, buyers are feeling better about the economy and starting to make bids on well priced homes.  Also, renters who have been renting homes for the past few years also realize now is an ideal time to buy with low interest rates and record low prices.  Homes priced below $500,000 is a huge market right now.  This seems to be the magic number that a large number of