Virginia Country Club in Bixby Knolls   Virginia Country is an affluent area nestled in the larger area of Bixby Knolls. Sometimes called Los Cerritos/Virginia Country Club, this neighborhood features many amazing homes plus it is one of the oldest gated communities in Long Beach. This area also features several homes you might recognize from various films such as Ferris Bueller’s Day Off, Donnie Darko, and American Pie, among others.  Features  The Rancho Los Cerritos Historic Site is in the heart of this district, preserving one of the last surviving two-story adobe constructions in Southern California. The Rancho Los Cerritos Museum and the Old Adobe House are national landmarks and popular historical attractions. Another main draw is an exclusive members-only 18-hole golf course (V... 04/04/2016

PRICE REDUCED TO $205,000 We just reduced the price of this Long Beach condo for sale at 3913 Virginia Road, #210, to $205,000. This is a terrific buy for this two bedroom condo in the Virginia Country Club area. It has wood laminate floors, high ceilings with crown moldings, and a gas fireplace. Tucked in the rear of the complex, this unit has two private patios -- one off the master bedroom and another off the dining room and second bedroom. You'll love the features of this condo, from the cute kitchen with tiled counters and built-in microwave to the walk-in closet in the master bedroom to the in-unit laundry area with stackable washer/dryer hookups. This complex has a common area with a swimming pool and spa (both currently undergoing renovation), along with a community patio area ... 08/10/2011

JUST LISTED! Long Beach Condo for Sale in the Virginia Country Club Area We just listed a charming 2 bedroom condo in the Virginia Club Area of Long Beach for $219,900. Located at 3913 Virginia Road, Unit 210, it has wood laminate floors, high ceilings with crown moldings, and a gas fireplace. Tucked in the rear of the complex, this unit has two private patios -- one off the master bedroom and another off the dining room and second bedroom. You'll love the features of this condo, from the cute kitchen with tiled counters and built-in microwave to the walk-in closet in the master bedroom to the in-unit laundry area with stackable washer/dryer hookups.  The complex has a common area with a swimming pool and spa (both currently undergoing renovation), along with a community patio area and ... 08/05/2011

Long Beach, CA.  In even, "normal" markets, there are always families and individuals that suffer from hardship. According to most investor publications, the default rates should only be between 1-3% in a healthy and normal economy.  However, in the current real estate malaise in Southern California approximately 55% of all properties sold are considered, "distressed."  Out of these properties, over two thirds of these distressed properties end up selling through what is known as, "Short Sales." These are clearly an astonishing figures and extremely troublesome considering that unemployment figures seem to be getting worse daily.  Wherein you have government officials complaining that in order for the economy to get better, we have to have even more consumerism and spending, they seem t... 01/04/2009

Posted on Fri Mar 14, 2008 @ 3:26 am by KMulhearn Recently, there has been a lot of talk about how raising the FHA loan limits last week would affect us in the real estate markets. Long Beach, Ca.  Recently, there has been a lot of talk about how raising the FHA loan limits last week would affect us in the real estate markets.   Considering that in the six counties of Southern California that the average sales price in January, 2008 was $415,000.00 and that this was down from $505,000.00 back in February 2007.  STOP!  Did everyone just get that?  Southern California home prices have come down $90,000.00 in just twelve months and currently 21% of all sales are foreclosures that have been resold into the marketplace.   Clearly, this downward pressure on the real estate prices and with re... 03/14/2008

Long Beach, Ca.  The United States Senate just voted in favor of passing an amended version of H.R. 5140, a $150 billion bill to jumpstart a sluggish economy through giving temporary tax breaks and raising the loan limits on conventional loans from $417,000.00 to $730,000.00.  The bill also increases the size of the loans the Federal Housing Administration could insure. Recently we wrote an article, How will higher loan limits acutally change California's real estae market?, that discussed what the effects would be if this bill passed.  The question remains, "How will it affect the rest of America?"  Recently, I was in discussions with a tech friend who casually mentioned to me that the real estate market along with all of its related services only represent less then 4% of the GNP.  If... 02/07/2008

Long Beach, Ca.  The big debate in Congress right now is not whether to raise loan limits for fannie mae/freddie mac but how much to raise them.  You see if the new bill passes, the new loan limit will be for 125% of the median sales price in a community.  For example, In Orange County, California, the average sales price is $565,000.00; therefore, the new conforming loan limit would be $706,250.001).  Home-buyers will be able to get better interest rates for purchases and refinances.  This is because the current jumbo interest rate (for loans above $417,000.00) is between .5 and 1% above the conforming loan rate and that can make a big difference on a $400 to $500 a month.2).  Most property owners that currently have jumbo loans(more then $417,000) will attempt to refinance to lower th... 02/03/2008