| Huntington Beach CA Homes for Sale and Sold for January 2016 Market Report | |||||||||||||||||
Real Estate Activity For January 2016 vs January 2015Huntington Beach, CA Homes for Salehave seensteady price improvementmonth to month as well as year to year as inventory levelsremain at all-time lows. In January of 2016 there were 94 homes that closed within the month for Huntington Beach CA Real Estate. This is an increase of 30 units, as there were 64 homes that closed January of 2015. The average list price for the homes that closed for January of 2016 was $764,990 The average list price for the homes that closed for January of 2015 was $669,000 The median sale price for the homes that closed for January of 2016 was $800,500 The median sale price for the homes that closed for January of 2015 was $755,000 The average market time for the homes that closed for January of 2016 was 64 days. The average market time for the homes that closed for January of 2015 was 75 days. Click to see the full report |
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| Below are highlight properties for Huntington Beach CA Homes for Sale and Sold for January 2016 Market Report. See more at the full report: | |||||||||||||||||
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| See the Full Huntington Beach CA Homes for Sale and Sold for January 2016 Market Report | |||||||||||||||||
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| Information valid as of February 2, 2016. Please contact us for the most current information and status of these properties. |
Author: SocalExpert
Garden Grove CA Real Estate Market Report January 2016
| Garden Grove CA Homes for Sale and Sold for January 2016 Market Report | |||||||||||||||||
Garden Grove CA Real Estate Activity For January 2016 vs December 2015In January of 2016 there were 60 homes that closed within the month for Garden Grove Real Estate. This is an decrease of 15 units sold, as there were 95 homes that closed in December of 2015. Garden Grove Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows. The Numbers Month to Month and Year to YearThe average list price for Garden Grove homes that closed in January of 2015 was $475,000 The average list price for Garden Grove homes that closed in January of 2016 was $499,949 The average sale price for Garden Grove homes that closed inJanuaryof 2015 was$445,000 The average sale price for Garden Grove homes that closed inJanuary of 2016was $501,310 The average market time for Garden homes that closed inJanuaryof 2015was 63 days. Click to see the full report |
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| Below are highlight properties for Garden Grove CA Homes for Sale and Sold for January 2016 Market Report. See more at the full report: | |||||||||||||||||
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| See the Full Garden Grove CA Homes for Sale and Sold for January 2016 Market Report | |||||||||||||||||
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| Information valid as of February 1, 2016. Please contact us for the most current information and status of these properties. |
Corona CA Real Estate Market Report January 2016
| Corona CA Homes for Sale and Sold for January 2016 Market Report | |||||||||||||||||
Corona CA Real Estate Activity For January 2016 vs January 2015In January of 2016 there were 144 homes that closed within the month for Corona CA Real Estate. This an increase of 13 units, as there were 131 homes that closed in January of 2015. The average list price for the homes that closed in January of 2016 was $439,900 The average list price for the homes that closed in January of 2015 was $429,700 The average sale price for the homes that closed in January of 2016 was $441,493 The average sale price for the homes that closed in January of 2015 was $396,974 The average market time for the homes that closed in January of 2016 was 61 days. The average market time for the homes that closed in January of 2015 was 67 days. Homes Under Contract For January 2016186 homes went under agreement in the month of January. The average list price of the homes that went under … |
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| Below are highlight properties for Corona CA Homes for Sale and Sold for January 2016 Market Report. See more at the full report: | |||||||||||||||||
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| See the Full Corona CA Homes for Sale and Sold for January 2016 Market Report | |||||||||||||||||
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| Information valid as of February 1, 2016. Please contact us for the most current information and status of these properties. |
Homeowner’s Net Worth is 45x Greater Than a Renter’s
Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).
In a Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater.
The graph below demonstrates the results of the last two Federal Reserve studies and Yun’s prediction:
Put Your Housing Cost to Work For You
Simply put, homeownership is a form of ‘forced savings’. Every time you pay your mortgage you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.
The latest National Housing Pulse Survey from NAR reveals that 85% of consumers believe that purchasing a home is a good financial decision. Yun comments:
“Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth. The simplest math shouldn’t be overlooked.”
Bottom Line
If you are interested in finding out if you could put your housing cost to work for you by purchasing a home, meet with a real estate professional in your area who can guide you through the process.
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Garden Grove Homes for Sale and Sold for December 2015
| Garden Grove Homes for Sale and Sold for December 2015 | |||||||||||||||||
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Garden Grove, CA Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels remain low. |
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| Below are highlight properties for Garden Grove Homes for Sale and Sold for December 2015. See more at the full report: | |||||||||||||||||
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| See the Full Gardern Grove Homes for Sale and Sold for December 2015 | |||||||||||||||||
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| Information valid as of January 18, 2016. Please contact us for the most current information and status of these properties. |
