The South Bay sells a lot of new construction homes. Manhattan Beach closes a great deal of new construction in the Sand and Tree Section, and even east Manhattan Beach (27 per the MLS this year). H...
A few months ago I wrote an article on “Sky High Hermosa Beach Apartment Building Prices.” The article focused on two completely remodeled, gorgeous apartment buildings with ocean views that came to market at record pricing. I dove into ot...
Last week a gorgeous “zen-like” contemporary home sold for a big number in the sand section of north Hermosa Beach at 230 34th Street. It closed at a whopping $5,250,000, and while we have become numb to high priced sales by the beach this...
The Redondo Beach housing market is hot. Single-family home sales are strong, town home sales are strong, condo sales are strong. Whether you are in north Redondo or south Redondo, all markets and product types are doing quite well. It is a fa...
We are big fans of Manhattan Beach (who isn’t?), and although it is an expensive and highly competitive market to be a buyer, there can still be great values in the area if you are willing to keep an open mind.
One area that has been hot o...
In late July CNBC published an article by Robert Frank titled “Hamptons Real Estate Sales Slump 21 Percent.” The piece touched on how the wealthy beach communities around the Hamptons had declined by 0.3% in the second quarter with sales vo...
We are getting more and more calls each day from buyers that want to break into affordable Beach Cities real estate, but are worried they may have missed the boat on appreciation. While appreciation is speculative and should never be assumed w...
The hottest topic in the business world over the past two weeks has been the events happening across the Atlantic in the United Kingdom. On June 23rd, the citizens of the UK voted to leave the European Union sending shock waves throughout Europ...
It is always fun to look back at past blogs to see if trends are still trending or past predictions have actually come true. In February, I wrote a blog post called “The Steady Rise of North Redondo Town Homes” which took a four year look ...
In last week’s blog (Big Price Jump in Hermosa Beach Condos) I wrote about how the market has become so pricey that home buyers are now willing to move on homes that offer “value” relative to the surrounding area. Basically, buyers are w...
Just six months ago, I wrote a blog about Hermosa Beach condos being just as affordable as renting. At that time, if you were willing to make a few sacrifices, you could live west of PCH and have property ownership that penciled out better ...