1. Las Vegas, Nevada: Home prices dropped from 2006 to 2009 more than 56%...according to Moody's Economy.com . More than 81% of single-family home mortgages in Las Vegas had negative equity in the fourth quarter of 2009, according to Zillow. It may take more than 20 years for the prices to get back to where they were in the peak. 2. Merced, California: As real estate became increasingly unaffordable in the bigger cities like San Francisco, many would-be homebuyers started exploring options in smaller markets, such as Merced. This trend increased real estate demand in Merced, prices appreciated even faster as exotic mortgage products and investor interest hit the market. Area home prices jumped nearly 129% from 2002 to 2006. 3. Phoenix, Arizona: Home prices in Phoenix jumped more than 1... 03/24/2010

Community Information for Seal Beach.  I'm Len Stregles, Realtor and resident of Seal Beach, California.  This blog is a means of informing people about the area of Seal Beach, it's activities and it's housing market. I’ve always liked beach towns and Seal Beach is no exception.  I grew up in the Midwest but every summer my family would travel south to visit relatives.  We would all rent a beach cottage on Tybee Island in Georgia.  I loved those summers filled with days on the beach eating boiled peanuts and all the watermelon a young man could eat.       Fast forwarding enough years I don’t want to get out my calculator to figure it out, I now live in the small beach town called Seal Beach.  Seal Beach in some ways is similar to other beach towns in California.  It has a pier that hous... 11/24/2009

What is the market doing in Seal Beach, California?   What has been going on over the the past six months?  Is the credit crunch affecting individuals buying homes? Here is the average SOLD price per square foot in Seal Beach for the past 6 months... 08/2007     $596 09/2007     $455 10/2007     $424 11/2007     $336 12.2007     $331 01/2008     $357 So far, for February, the average price per square foot is $542.  Between 2007 and 2008 the average price per square foot in Seal Beach decreased approximately 10%. There is still plenty of money available for purchasing a home.  Before you decide to start shopping in Seal Beach, California there are several things going on in the mortgage market that you should be aware of.  To find out how these changes  affect you, you should speak to a ... 02/18/2008

Here is the most Up To Date Market Trends for Seal Beach. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.   THIS WEEKThe median single family home price in SEAL BEACH this week is $939450.The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.PRICEDespite this week's down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.SUPPLY AND DEMANDLocal conditions are currently quite strongly in the Buyer's Market zone (below 30). The... 10/03/2007

Seal Beach is the coastal gateway to Orange County located between the cities of Long Beach and Huntington Beach. It has a population of about 24,000. Seal Beach celebrated its 90th anniversary in October 2005. it is governed by a five member council/city manager form of government, who are elected by district. Seal Beach has retained its quaint, small-town atmosphere. It is home to a U.S. Naval Station. 01/31/2007