Hula and The Real Estate Market Today

April 5th, 2009 3:24 PM

For those of you still shopping for a home in HB, you've probably noticed that prices are not dropping like the rest of Southern California. Why aren't they?

Because everyone still wants to live at the beach and there is very little land left to develop. The beach cities everywhere are holding fast. Huntington Beach is on the map for many activities, dog beach, surf competitions, volleyball competitions, band competitions, paint ball competitions, Tuesday Evening Markets, Friday Farmers Markets, pier side crafts, ton's of resturants and shopping and more. Tourists from all over the world come to HB and stay at The Hilton or The Hyatt along with different business seminars and conventions. Sounds crowded doesn't it. But it's a walking town, and people love to walk along the beach and Main Street with their dogs and family together enjoying the city. It's a great place to live and work, so much so that all the residents have HB stickers on their cars.

As a realtor I get to view the 4M dollar homes as well as the 400K homes (yes there have been a few) the prices may not be as low as some cities but although they haven't dropped much they have dropped a little and since the interest has dropped many can now afford to buy here.

If you have always wanted a home in HB, now is the time to buy. No one can guarantee how long the interest rates will be this low or how full the inventory will be don't wait until the prices move up by then you'll be too late.

Dee


Posted by Dee Fether on April 5th, 2009 3:24 PM

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