How have You Helped Make our 2014 Great?

Considering Buying? Click here to search all available homes in your area

Considering Selling? Get a Free Home Evaluation

You may also call me at 562-900-9430 for a FREE home buying or selling consultation to answer any of your real estate questions.

We are nearing the end of 2014 and want to take a moment to reflect on the past year. We wouldn't be where we are today without all of your continued support. We appreciate all of your business, and are very thankful for all the clients we were able to help in 2014. We are also very thankful for your referrals, which mean the world to us.

From Tim, Barbara, Noel, Jackie and Joyce, we want to wish you and your family a very happy and healthy holiday season and a happy new year. We are looking forward to having another great year in 2015!

Is The Bubble About to Burst?

Considering Buying? Click here to search all available homes in your area

Considering Selling? Get a Free Home Evaluation

You may also call me at 562-900-9430 for a FREE home buying or selling consultation to answer any of your real estate questions.

With home values having increased significantly in 2012 and 2013, many people are wondering if we are in a housing bubble. Today we are going to take a look at some current market trends and statistics to come to a conclusion on whether or not we are in another housing bubble. 

What has many people asking this question is the fact that we are currently around the same levels on the home price index as we were in 2004, right when the previous bubble started. Looking at home values across the country, we have been seeing markets cool off quite a bit and we are headed toward what we call a normal market. For example, The National Association of Realtors is predicting median home prices in the country to appreciate 4.4% in 2015 as compared to 5.5% this year. 

We are seeing the level of appreciation across the country slowing down and not seeing the big appreciation we have seen the past few years. In California, home prices appreciated 3.5% in 2014 and here in Long Beach we have seen values remain relatively flat in most neighborhoods. It looks as though this market is starting to taper down and we are not headed for another housing bubble. We will keep more sustainable levels of appreciation as we head into the future.

If you would like to receive a market report for your neighborhood letting you know exactly how home prices are doing click here.

Why Hire the Majka Team?

The Long Beach area has a wide selection of fantastic homes to choose from. If you're curious about what properties are currently listed on the market, GO HERE to perform a Full Home Search, or if you're considering selling your home, CLICK HERE to obtain a Free Home Value Report. For any other questions about Long Beach real estate, or the value of your own home, please feel free to call me at (562) 900-9430, or send me an email anytime!

Over the past decade, my team and I have helped hundreds of clients buy and sell real estate throughout Long Beach, Los Angeles, and Orange County. 

If you're looking to sell your home, we offer a proven, repeatable system, backed by market research, to sell your home for up to 18% more than with traditional real estate methods.

If you're looking to buy a home, we offer a proven system to help you find the right home and save you 10's of thousands along the way.

Another thing we offer is our "Love it or Leave it" guarantee. If at any time during the first 6 months after you purchased your home, if you aren't 100% happy with your home, we will sell your home for free.

In addition to being a licensed broker, I am also a licensed attorney in California. Because of this unique experience, and our detailed, methodical approach, we can ensure a smooth transaction, consistently.

Let us help you achieve your real estate goals. Call or email us today. We look forward to hearing from you soon!

How we helped Courtney with his real estate needs by going above and beyond

"Tim went far and beyond what I expected from a real estate agent. He drove me around the city and took me to as many places as I needed to see. This was the first property I’ve ever bought in my life so there was nothing he wouldn’t do to make sure it was right. There really is nothing he wouldn’t do to please his clients!"

How we helped Philip with his real estate needs by providing a lot of options

"We had fantastic results with Tim and his team. They all were extremely responsive, intuitive, and he knew exactly what we were looking for. Not only that, but he was even able to show us a lot of options we weren’t even considering! He really was more than just a real estate agent for myself and my family."

How we helped Will with his real estate transaction by always being accessible

 "I’ve worked with Tim on 3 transactions now and we’ve always had fantastic results! He’s just a really good Realtor and a really good guy. He’s always accessible and I really feel like he has my best interests in mind and that’s what’s so commendable. If it’s the right time to buy he’ll tell you if it’s the right offer or the wrong offer. There’s just something about him and his company where you just trust what they’re telling you. He’s really a guidance counselor, not just a real estate agent."

Long Beach Real Estate Market Snapshot

The Long Beach area has a wide selection of fantastic homes to choose from. If you're curious about what properties are currently listed on the market, GO HERE to perform a Full Home Search, or if you're considering selling your home, CLICK HERE to obtain a Free Home Value Report. For any other questions about Long Beach real estate, or the value of your own home, please feel free to call me at (562) 900-9430, or send me an email anytime!

During 2012 and 2013 we saw a significant appreciation of home sales here in Long Beach and throughout California as a whole. Now, looking back at 2014 we can see that our market has taken a breath and is starting to calm down. This is great news, as it means we're heading toward a normal, balanced market.

According to the California Association of Realtors, we'll be looking at a healthy market in 2015. We're expecting to see an appreciation rate of 3.5%, which is a good sign. The 15%-30% appreciation rates we've seen over the last few years are simply unsustainable. If the market didn't cool off, we would have seen hyperinflation and the beginning of yet another bubble, which would be bad news for everyone.

Depending on your area, your home value is either appreciating at a slower rate or starting to soften. To get a better idea of what's going on with home values, here are some of the median sales prices of specific areas:

• Long Beach: $468,500 
• Naples & Belmont Shore: $785,000 
• Wrigley: $396,000
• Bixby Knolls / California Heights: $544,000  
• Los Altos / The Plaza / South of Conant: $568,000

As you can see, market conditions vary by neighborhood. If you want a detailed report for your area, give us a call or shoot us an email. We'd be happy to send it to you.

If you have any questions or concerns about real estate here in Long Beach, don't hesitate to reach out to us. We can cover a topic of your choosing in a future video to ensure your real estate ventures are always profitable. Thanks, and have a great day!