Long Beach Real Estate

The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie

The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year declines in home sales. Sales declines are a natural result of there being fewer homes for sale, but higher prices often indicate higher demand leading to competitive bidding. Markets are poised for increased supply, so there is hope that more sellers will take advantage of what appears to be a ready and willing buyer base. New Listings were up 4.2 percent for Single Family homes and 4.5 percent for Townhouse-Condo properties. Pending Sales decreased 47.2 percent for Single Family homes and 51.3 percent for Townhouse-Condo properties. The Median Sales Price was up 9.4 percent to $689,450 for Single Family homes and 8.2 percent to $446,000 for Townhouse-Condo properties. Months Supply of Inventory remained flat for Single Family units but was up 11.8 percent for Townhouse-Condo units. In February, prevailin

Irvine Co. the Irvine Co. plans to develop Spectrum Terrace – nine four-story buildings totaling more than 1 million square feet of office space plus 30,000 square feet of amenities. Three entrances to the office complex will be provided off Laguna Canyon Road 0 COMMENTS By  MARTIN A. BROWER  |  mandtbrower@cox.net  | Orange County Register PUBLISHED:  March 5, 2018 at 6:51 pm  | UPDATED:  March 5, 2018 at 7:08 pm Spectrum Terrace in the Works the Irvine Co. plans to develop Spectrum Terrace – nine four-story buildings totaling more than 1 million square feet of office space plus 30,000 square feet of amenities. Three entrances to the office complex will be provided off Laguna Canyon Road The strong demand for office space in the  Irvine Spectrum  – the  Irvine Co.’s  office, entertainment, hotel and apartment complex at the confluence of the 405 and 5 freeways in Irvine – will be accommodated by a planned complex of nine office buildings adjacent to the Spectrum on th