Huntington Beach Real Estate Minute -
Huntington Beach Homes Report
Huntington Beach well known as "Surf City USA" with its excellent surfing has 8.5 miles of beaches and over 200,000 residents with 11 million visitors annually coming to see events such as the US Open of Surfing, the Surf City USA Marathon and AVP Pro Beach Volleyball.
It is also known as one of the 10 safest cities. Huntington Beach Real Estate offers a wide variety of housing from moderately priced condos to multi-million dollar estates.
Below is the Huntington Beach homes report.
We are still seeing significantly more short sales in escrow than bank owned foreclosures or REOs indicating that short sales are still making up a large part of the market and that they are still taking a significant amount of time to close when they are successful. This affects the market in a few ways. Sometimes short sales are priced unrealistically and can have an effect on the values as seen by the buyers. Also, they can leave a glut on the market as the banks work through the short sale process. Of the homes sold in Huntington Beach in July, 29% of them were distressed, generally meaning they were either a short sale or an REO/bank owned foreclosure. This number is slightly smaller than in June as the number of foreclosures sold was down in July. This may be as a result of the problems and delays of foreclosures over the past several months.
Huntington Beach is now in a fairly balanced market with almost 6 months of inventory on the market though we've seen a very small decrease in the number of homes on the market and also a small decrease in the months of inventory though this may be a result of the spring market.
Click Huntington Beach homes to see homes currently for sale or see below.
If you would like information about buying or selling a homes in Huntington Beach, please give me a call at 714-319-9751.
Market reports for nearby cities:
Mesa Verde Costa Mesa Real Estate Report
South Coast Metro Costa Mesa Homes
Huntington Beach Real Estate News
Fountain Valley Real Estate News
Balboa Peninsula Real Estate Report
Newport Heights Real Estate News
Balboa Island Real Estate News
Newport Shores Real Estate News
Newport Crest Real Estate News
Click Orange County homes for saleto view all OC homes for sale or see Huntington Beach homes above.
Copyright © 2011 by Christine Donovan, All Rights Reserved. Huntington Beach Real Estate News- Huntington Beach Homes Report.
For more information about buying and selling Huntington Beach homes, please contact Christine Donovan at 714.319.9751. Originally published at Huntington Beach Homes.
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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.
Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.
If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes. Click the link if you are interested in buying a home at a courthouse auction sale.
Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.
Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.
Federal Government Disclaimer (MARS)
- You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender [or servicer]. If you reject or accept the offer, you do not have to pay us.
- Christine Donovan, DonovanBlatt and Donovan Group are not associated with the government, and our service is not approved by the government or your lender; and
- Even if you accept this offer and use our service, your lender may not agree to change your loan.
Click Orange County homes for sale to view all OC homes for sale.
