Per reader request, today’s blog will give a breakdown of lot deals versus new construction in Manhattan Beach (basically, what does a developer do). There is a ton of new construction going on in t...
Short answer: I am not sure.
New York
A recent report authored by appraiser Miller Samuel Inc. found that Manhattan (NYC) condo and co-op sales declined by 25% from last year’s first quarter. It was the largest drop since the 2009 finan...
If you read the title and thought, “Well, if the sale was not in Manhattan Beach then it must be the $40,000,000 home on Buggy Whip Drive in Rolling Hills." That is a good guess but nope, not even close! Hermosa Beach? Nope. Redondo Beach? ...
If you tuned-in to our live podcast with DIGS Magazine last week, you probably heard me strongly recommending a purchase of an income property before buying your own home. Why? The numbers alone prove income properties to be the better financia...
…That is the question.
It is a question I get from my clients repeatedly. The answer? Well, sometimes it is the right call, but oftentimes it is not.
Manhattan Beach Case Study
To demonstrate this age old new construction quandary, l...
What is a Transaction Coordinator?
Hi All! I am taking over Richard's South Bay Real Estate Blog for the week. For those who don't know me, I am the behind the scenes gal that you don't see much, but I am always busy doing something at Manha...
Over the past two years, The Avenues in Redondo Beach have remained strong and continued a steady march upwards. New construction looks to be in solid demand and buyers are paying a premium for brand new homes on standard sized lots ranging bet...
Palos Verdes is BIG. With four cities and unincorporated county areas, there is a lot of ground to cover on The Hill. In this week’s blog, I will attempt to give you a summary of what is happening on the PV Peninsula.
Singly-Family Homes U...
Interest Rates Rising
The stock market has been crazy this week and a large part of it has to do with the interest rates rising significantly. A lot of experts watch the 10-Year U.S. Treasury note where rates have jumped from 2.46% to 2.84% ...
The Lot Deals
Two new lot deals hit the market this week in the Manhattan Beach Sand Section. An old duplex located at 1613 Highland Avenue sitting on a 1,351 sq. ft. lot asking $1,849,000 and a crumbling concrete pad located at 2613 Crest D...
Median Home Prices in California
According to the California Association of Realtors, the Los Angeles County median home price in December sat at $577,690. There is not much for sale by the beach in that price range except for some very smal...