Huntington Beach Market Update for August 2014

Homes Sold: In July 2014, the entire Huntington Beach market saw a total of 139 houses, townhomes, and condos sold… a decrease of 10.3% compared to last month and a decrease of 21% compared to the same period of 2013. Detached home sales were down 18.1% compared to last month and down 8.5% compared to…

Huntington Beach Real Estate Market – Mid Year Update

Homes Sold: In June 2014, the entire Huntington Beach market saw a total of 155 houses, townhomes, and condos sold… an increase of 3.3% compared to last month and a decrease of 13.9% compared to the same period of 2013. Detached home sales were down 3.7% and attached home sales (condos/townhouses) were down 28.6% compared…

Buyers and Sellers Not on Same Page With Housing Market Reality

A recent survey by Redfin, the Seattle-based real estate company, found some substantial disconnects among buyers, sellers, and market reality. They are, the company said, not on the same page when it comes to the state of the housing market. While inventories have increased, buyers are still hesitating because of hurdles presented by affordability and…

Midyear Orange County Market Update

As we are halfway through the year: here is a recap of our current Orange County Real Estate marketplace, effective 6/9/2014 versus one year ago. Prices: Resale Homes +7.3%, Resale Condos +9.2% and New Home Sales +9.9% Sales Volume: Resale Homes -14.1%, Resale Condos -14.3% and New Home Sales +21.3% Facts: Medium Price is $600,000…

Huntington Beach 4th of July Parade: How It All Started

The tradition began on July 4, 1904, when Huntington Beach commemorated the arrival of the first electric passenger train linking the area with Long Beach and Los Angeles. The Board of Trade, a forerunner of the Chamber of Commerce, sponsored this first event, bringing 50,000 people to town to join in the day’s celebration. Through…

The Irvine Company: How It All Started

Mr. James Irvine and the Irvine Company Headquarters in Newport Center The Irvine Company grew from the premise of a 185-square-mile (480 km2) ranch founded by James Irvine I,Benjamin and Thomas Flint, and Llewellyn Bixby in 1864 from three adjoining Mexican land grants. Irvine and his partners began by purchasing the Rancho San Joaquin, which…

Pacific City – Huntington Beach

There are few retail centers currently in construction across America, and the upcoming Pacific City development in Huntington Beach, Calif., is ranked among a more select class—it is one of a handful of retail centers being developed along the beach. “The Pacific Ocean is our anchor, basically,” said Linda Berman, senior vice president of strategy…