If you were wondering just how many foreclosures there are in Long Beach, then here's some stats for you. This shows how many foreclosed homes are currently listed for sale on the MLS for each ZIP code in Long Beach.
90802 17
90803 6
90804 10
90805 46 (yep, more than twice as many as the next highest LB ZIP!)
90806 9
90807 10
90808 3
90810 14
90814 3
90815 1
Total 119
So 119 total foreclosed homes currently for sale in Long Beach, with more than 1/3 of them in ZIP Code 90805. Email me for my free list of foreclosures if you'd like details on any of these homes.
For an interesting comparison, take a look at the report I posted about 6 months ago: Long Beach Foreclosures By ZIP Code
The number of available foreclosures has dropped by more than 50% in the last 6 months in our area. This is due to a number of factors, including a moratorium on foreclosures during the end of last year, as well as an increase in sales. This says to me that the bottom is in sight and those of you who are waiting for prices to drop further had better get off the sidelines and start looking.
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