Michele Kreinheder's (michelekrein) Blog

Monday Market Real Estate Update for the Los Altos area of Long Beach Area 34 of SoCal MLS has 40 single family homes on the market. The average price is $496,000 and the average size is 1,539 sq ft.   The following information is drawn from Altos Research and includes properties listed and not ...

Mortgage Rate on 1/10/11 compiled by HSH Associates 30-year fixed 4.9% + .29pt. Rates week ended 7/28/10 was 4.63% +.31pt.   Adjustable loans are making a comeback with the 5-1 hybrid.  Its rate is fixed for the first 5 years of the loan, then adjusts annually for as much as the next 25 years, w...

We absorbed an incredible amount of useful information at CDPE's certification class the past few days but I think this clip of trainer Gee Dunsten offers a quick summation of the most important point to remember in completing a short sale transaction; "It is the little things that make a differe...

Clark Terrace is a lovely complex in the Los Altos area of Long Beach. Quiet, secure, pleasant surroundings, and great location! Come by my Open House tomorrow Sat. Feb 22 from 1 to 4. Unit 126 is located in the building that borders Clark Avenue and the pool. Guest parking is convenient and home...

Six strategies for being a successful buyer in today's buyers' market: be committed, be ready, do your homework, have a plan, get organized and START THE PROCESS.I hope this information is helpful to all the wonderful people I meet at Saturday's Open House at 2136 Lomina Avenue in the Los Altos a...

The Median Price for residential homes on the market in the 90815 zip code is $457,000 which is down from last week’s $478,000. The DOM has increased slightly to 166 days from 154 days. The inventory has neither increased or decreased dramatically with a total of 94 Single Family Homes on the ma...

Los Altos area of Long Beach Monday Market Update. Interest Rates on 30 year fixed are averaging 4.86% which is slightly higher than last month's rate and are now at May 2010 levels. The median price of Single Family Residences in the 90815 area code is $467,000. The average days on market is 15...

California has a “first-time buyers” assistance program for moderate income buyers know as the CalHFA program. Although the loan is a typical FHA loan that requires a minimum of a 3.5% down payment it does offer a somewhat lower interest rate. The really neat aspect of this program is that a por...

AVAILABLE IMMEDIATELY - FREE LONG BEACH CITY MULCH PROGRAM The City’s Office of Sustainability has set up an electronic Mulch Request Form through which eligible residents may request mulch.  The Mulch Request Form is available online and can be submitted via email.  Residents will be asked to i...

I am a lover of the win-win situation and here is one for the record books. If you feel the seller is in a situation where they can offer a 2nd loan to the buyer don't be afraid to broach the subject. The seller can take advantage of a high interest rate yield on his money and the buyer saves to...