Long Beach property joins the list of most-searched-for U.S. homes online

A five-bedroom Long Beach house listed at $249,900 joined the list of most-searched-for homes nationwide at Realtor.com last week among homes priced within 20% of the median list price of $219,000.

Here are the top 5 in the order they ranked:

1. Miami: Priced at $200,000, the three-bedroom, two-bathroom house has 2,056 square feet of space and sits on 0.12 acres (5,223 square feet). It was built in 1995.   

2. Los Angeles: Priced at $250,000, the four-bedroom, three-bathroom house with 1,768 square feet on 0.15 acres (6,650 square feet) continues to make the list.

3. Clinton, Md.: Priced at $180,000, the five-bedroom, three-bathroom "as is" traditional has 2,338 square feet on 0.24 acres (10,428 square feet).

4.Pasadena: Priced at $199,900, this three-bedroom, two-bathroom, 1,303-square-foot home on 0.13 acres (5,616 square feet) also makes the list again.

5. Long Beach: Priced at $249,900, the five-bedroom, three-bathroom home of 1,680 square feet sits on 0.11 acres (4,791 square feet).

-- Lauren Beale

Thoughts? Comments?

Photo: The No. 5-ranked Long Beach house was built in 1909. Credit: Randi Owen

Big price cuts for luxury Long Beach condos

Worth noting: Pretty steep price cuts at the new, ocean-view luxury condos at One West Ocean in Long Beach.

Two examples: A two-bedroom, two-bath unit originally priced at $698,000 is now listed for $462,000, representing a 34% discount. A larger two-bedroom, two-bath originally priced at $1.026 million is listed at $735,000 -- a 28% discount.

It can't be pleasant for buyers who paid full price in the complex -- if there are such buyers -- to see these discounts.

The condos are located in 90802 ZIP Code, where DataQuick counted 31 foreclosures in the second quarter of 2008, up from six in the year-earlier quarter.

Your thoughts? Comments? E-mail story tips to Peter Viles.

--Peter Viles

Photo credit: Long Beach shore, contributed to Your Scene at LATimes.com by Dominic.

$8.1 million in Long Beach

Good morning. News item: A waterfront home in Long Beach has sold for $8.1 million, a record for that city.  We don't know if it's worth $8.1 million -- our expertise tops out in the six figures -- but that is a good-looking home.

In addition to the price, and the picture, two things caught our eye on this one: The video tour on vimeo.com -- how long before everybody selling a house does this?

And the price reduction of $2.8 million, as reported here by Curbed L.A. and here by the Press-Telegram, which points out the house was sold in 2003 for $7.6 million.

Photo Credit: Dreamhomesmagazine.com