By Melissa Pamer, Staff Writer
Article Launched: 10/23/2008 10:08:23 PM PDT

Despite a lingering dispute over a planned Carson-area high school, Los Angeles school representatives and local elected officials donned hard hats and grins Thursday to break ground on the campus.

The Carson High School drill team and marching band performed, as did first-graders from neighboring Dominguez Elementary School, while construction workers operated heavy machinery at the nearby building site.

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Long Beach Homes for Sale

 

By ALEX VEIGA
AP Business Writer
October 26, 2008

Heavy discounting on foreclosed homes and low interest rates continued to power a homebuying spree across the West in September, sending sales of existing homes in the region soaring at an annual pace reminiscent of the days of the housing boom, according to two reports Friday.

About 100,000 existing homes and condos were sold last month in the 13-state region. Without adjusting for seasonal factors, sales were up nearly 43 percent from the same month last year, but declined 9.6 percent versus August's total, according to the National Association of Realtors.

With sharply discounted foreclosures making up a larger slice of overall sales, the median price in the West plunged almost 19 percent from a year ago to $253,600 - slightly higher than what the median was five years ago, the association said.

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Long Beach Homes

 

DailyBreeze.com
By Melissa Pamer, Staff Writer
October 26, 2008

Among the dozens of red-tile rooftops that now dot Rancho Palos Verdes' Long Point, workers are beginning to put the finishing touches on a massive seaside resort that has finally taken shape in recent months.

After more than a decade of planning, Terranea Resort is readying for its June debut, when all elements of the upscale pleasure dome are set to open simultaneously - including a 360-room hotel, 33 meeting rooms, 20 bungalows, 82 casitas and villas, a nine-hole golf course, three restaurants and a spa.

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Homes in Long Beach

 

Press-Telegram
10/26/08

The California Foreclosure Institute is holding a free, two-hour workshop for investors and Realtors on how to get started finding and buying foreclosure properties on Tuesday.

The workshop from 6:30 to 8:30 p.m. is at Long Beach Main Library, 101 Pacific Ave. Reservations required. To register, go to www.ForeclosureWorkshop.net or call 310-379-0101

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Orange County Realtor

 

Los Angeles Times
By Michael A. Hiltzik
October 27, 2008

In a harbinger of what may be a flood of similar disclosures, City National Bank in Beverly Hills said Sunday that it would receive a $395-million capital infusion from the U.S. Treasury as part of the government's $250-billion bailout program.

The bank said it had no "explicit or implicit understanding" with federal regulators about how it would use the money -- whether to increase lending in the community or acquire a specific bank.

But Russell Goldsmith, chief executive of the bank's parent company, City National Corp., said the investment "clearly enhances our financial capacity to make acquisitions and . . . to lend to a larger degree."

With $12.2 billion in deposits, City National is the largest bank based in Los Angeles County and second-largest independent bank in California.

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Long Beach Real Estate

 

Adorable Spanish style home
6165 Brayton Ave, Long Beach
(Thomas Guide #: 765F1)



Listing Status: Active
Offered At: $265,000
(Show Monthly Payments)
2 Bedrooms, 1 Baths
Detached Single Family Home.
867 Sq. Ft. one story
4680 Sq. Ft. Lot
Built in 1931
Association Dues: 0
2 Car Garage.

Property Features
  • Tile Floors
  • Arched Doorway To Formal Dining
  • Coved Ceilings
  • Ceiling Fan
  • Original Built In Cabinet In Dining Room
  • Faux Firelplace
  • Custom Paiting
  • Fenced Front Yard
  • Covered Patio
  • Bonus Room In Garage
  • Long Driveway
  • Lush Landscaping
  • Property Details
    Adorable Spanish style home features tiled floors, coved ceilings, custom paint, and lots of charm! Large living room plus quaint formal dining room with built-in corner cabinet. Newer kitchen has lots of storage and cabinet space. Fenced front yard with lush landscaping plus a nice back yard with covered patio. 2 car garage currently used as bonus room with separate laundry room but a long driveway provides plenty of parking. Don't miss this Lovely home!
    For More Information Contact:
    The Shannon Jones Team
    Web Site: www.shannon4re.com
    E-Mail: info@showmehome.com
    (562) 961-1415
    (562) 896-2456
    Cell: (562) 896-2456
    Keller Williams Coastal Prop.

    For more information
    on this property,
    or to make arrangements to
    view this property,
    Click Here!
     

    Modern California Bungalow
    752 Loma Ave, Long Beach
    (Thomas Guide #: 795J6)



    Listing Status: Backup Accepted
    Offered At: $489,000
    (Show Monthly Payments)
    2 Bedrooms, 2 Baths
    Detached Single Family Home.
    964 Sq. Ft. one story
    3840 Sq. Ft. Lot
    Built in 1919
    Association Dues: 0
    2 Car Garage.

    Property Features
  • Open Floor Plan
  • Wood Laminate Floors
  • Remodeled Eat-in Kitchen
  • Stainless Stell Appliances
  • Remodeled Bathrooms
  • Front Porch
  • Newly Landscaped Backyard
  • Central Air & Heat
  • Updated Plumbing & Electrical
  • Inside Laundry
  • 2 Car Detached Garage
  • Property Details
    Past the old-fashioned front porch of this California bungalow is a modern, re-built home with open floor plan & wood laminate floors. The remodeled, eat-in kitchen features stainless steel appliances & custom tile. The home has spacious bedrooms & remodeled bathrooms. This home offers inside laundry, central air and heat, dual pane windows & updated plumbing/electrical. The fenced back yard has a patio w/built-in barbecue and has been newly landscaped. Walk to shops & restaurants.
    For More Information Contact:
    The Shannon Jones Team
    Web Site: www.shannon4re.com
    E-Mail: info@showmehome.com
    (562) 961-1415
    (562) 896-2456
    Cell: (562) 896-2456
    Keller Williams Coastal Prop.

    For more information
    on this property,
    or to make arrangements to
    view this property,
    Click Here!
     

    California Bungalow
    2909 E 4th St, Long Beach
    (Thomas Guide #: 795H7)


    Property Features
  • Hardwood Floors
  • Upgraded Kitchen
  • Upgraded Plumbing
  • Grassy Back Yard

  • Listing Status: Backup Accepted
    Offered At: $550,000
    (Show Monthly Payments)
    7 Bedrooms, 4 Baths
    Detached Single Family Home.
    2139 Sq. Ft. one story
    6747 Sq. Ft. Lot
    Built in 1920
    Association Dues: 0

    Property Details
    Rambling California bungalow near the beach offers 4 bedrooms, 2 1/2 baths in the main house plus a 1 bedroom unit in the rear and a nice, grassy back yard. Front house has hardwood floors, remodeled kitchen, upgraded plumbing and electrical. Property was formerly used as a nursing home and is in a great location near shopping, restaurants and the beach.
    For More Information Contact:
    The Shannon Jones Team
    Web Site: www.shannon4re.com
    E-Mail: info@showmehome.com
    (562) 961-1415
    (562) 896-2456
    Cell: (562) 896-2456
    Keller Williams Coastal Prop.

    For more information
    on this property,
    or to make arrangements to
    view this property,
    Click Here!
     

    Spacious 5 Bedroom Home
    4321 E Wehrle Ct, Long Beach
    (Thomas Guide #: 796A5)


    Property Features
  • 5 Bedrooms
  • 2.5 Baths
  • Spa Tub In One Bathroom
  • Inside Laundry Room
  • Fireplace

  • Listing Status: Active
    Offered At: $569,000
    (Show Monthly Payments)
    5 Bedrooms, 3 Baths
    Detached Single Family Home.
    2100 Sq. Ft. two story
    2800 Sq. Ft. Lot
    Built in 1948
    Association Dues: 0

    Property Details
    Huge 5 bedroom, 2.5 bath two-story home near the Traffic Circle. This spacious home features a formal living room with a fireplace plus a family room off the kitchen which is great for entertaining. This home also includes an inside laundry room with lots of storage. One of the bathrooms boasts a large spa tub. There is a detached garage and the home is located on a low traffic one-way street.
    For More Information Contact:
    The Shannon Jones Team
    Web Site: www.shannon4re.com
    E-Mail: info@showmehome.com
    (562) 961-1415
    (562) 896-2456
    Cell: (562) 896-2456
    Keller Williams Coastal Prop.

    For more information
    on this property,
    or to make arrangements to
    view this property,
    Click Here!
     

    90815 Real Estate Update Graph

     Home sales prices in the 90815 zip code of Long Beach showed some signs of stabilization in March, but remained considerably lower than they were a year ago. The 90815 zip code encompasses Los Altos, Park Estates, Artcraft Manor, the Plaza, Artcraft Manor, Bixby Hill and La Marina Estates.

    Currently, according to the Multiple Listing Service (MLS) there are 97 homes active on the market in 90815, ranging in price from $380K for a two-bedroom home in Artcraft Manor to $1,749,000 for a four-bedroom Bixby Hill home. The average price per square foot for current listings is $422.

    There are 28 homes "pending" or in escrow now in 90815, ranging from $379,900 to $1,695,000. The average price per square foot for pending sales is $379.

    In the past 30 days, 15 homes have closed escrow in the 90815 zip code, ranging from $419,900 for a three bedroom/two bathroom Plaza Home to $3.1 million for a 5 bedroom, 5,000 sq. ft. home in Park Estates. The average price per square foot was $423 for the homes that sold in 90815 in the past 30 days.

    If you'd like information or currently listed homes or want to know what your home is worth in today's market, email us at Info@ShowMeHome.com or call 562-961-1415.

     
     
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    Shannon Jones, Long Beach Real Estate

    Long Beach, CA

    More about me…

    The Shannon Jones Team

    Office Phone: (562) 961-1415

    Email Me



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