Huntington Beach Real Estate Minute –
Huntington Beach Homes Report
Huntington Beach well known as “Surf City USA” with its excellent surfing has 8.5 miles of beaches and over 200,000 residents with 11 million visitors annually coming to see events such as the US Open of Surfing, the Surf City USA Marathon and AVP Pro Beach Volleyball.
It is also known as one of the 10 safest cities. Huntington Beach Real Estate offers a wide variety of housing from moderately priced condos to multi-million dollar estates.
Below is the current report for Huntington Beach Homes for sale:
We are still seeing significantly more short sales in escrow than bank owned foreclosures or REOs indicating that short sales are still making up a large part of the market and that they are still taking a significant amount of time to close when they are successful. This affects the market in a few ways. Sometimes short sales are priced unrealistically and can have an effect on the values as seen by the buyers. Also, they can leave a glut on the market as the banks work through the short sale process. Of the homes sold in Huntington Beach in June, 34% of them were distressed, generally meaning they were either a short sale or an REO/bank owned foreclosure.
Huntington Beach is currently a seller’s market, just barely, though it has been a more balanced market over the past few months.
For more information about selling or buying a home in Huntington Beach, please call Christine Donovan at 714.319.9751.
See homes for sale in Huntington Beach below.[idx-listings city=”Huntington Beach” propertytypes=”513″ orderby=”Price” orderdir=”ASC”]
Click Huntington Beach homes to see homes currently for sale.
For market reports in other nearby areas, please see below:
Mesa Verde Costa Mesa Real Estate Report
South Coast Metro Costa Mesa Homes
Huntington Beach Real Estate News
Fountain Valley Real Estate News
Balboa Peninsula Real Estate Report
Newport Heights Real Estate News
Balboa Island Real Estate News
Newport Shores Real Estate News
Newport Crest Real Estate News
Copyright © 2011 by Christine Donovan, All Rights Reserved. Huntington Beach Real Estate News- Huntington Beach Market Report.