South Bay Real Estate: 2018 Fearless Predictions
Mortgage Rates Will Rise Moderately
One of the biggest questions in residential real estate is whether or not mortgage rates will rise. This coming year, 30-year mortgage rates will rise very moder...
Sand Section
Value Areas in the South Bay 2017
After recapping the 2016 value areas in last week's blog, I would like to point out some areas in the South Bay that I believe present solid value for 2017. If you are shopping in the below mentioned areas, then have no fear as they will hav...
South Bay Value Areas – Recap of 2016 and 2017
We are right around the corner from kicking this June gloom and heading straight into the South Bay summer. This marine layer reminded me of a 2016 June blog titled Value Areas in the Beach Cities. In this blog I examined areas offering a to...
The Strand Shows Signs of Life
A bombshell home sale wrapped up escrow last week at 1000 The Strand in Manhattan Beach. The massive south end corner lot officially closed for $21 million becoming the first residential sale over $20 million in Manhattan Beach. In fact, accord...
Record Breaking Income Property Sales in South Bay Real Estate
A new record apartment sale was made (again!) here in the South Bay. If you followed my blog back in September 2016 then you read about the record breaking Sand Section sale in Hermosa Beach (New Era for Hermosa Apartments after Record Sale). T...
Affordable Homes are En Vogue
It is hard to fathom how in demand affordable homes are in the South Bay. Currently, if there is a home listing for sale on the lower end of the price spectrum for the area, there is massive demand.
Redondo Beach
There has been a frenzy...
Deals by the Beach for Under $1 Million
It is pretty uncommon to find a beach pad for under $1 million these days. Manhattan, Hermosa, and south Redondo Beach have all had a spectacular price run over the last few years making it difficult for first-time and second home buyers to get...
Who’s Hot and Who’s Not
The South Bay has become a mixed bag of micro-markets. A few years ago, everything was going up but now each micro-market has its own story. Some areas are still on fire while others are cooling off!
Who’s Hot
Hermosa Beach
Serious...
Great South Bay Real Estate Purchases
This week I wanted to touch on some great recent property offerings in the South Bay. These beach city properties offer great value today relative to the market and have very strong prospects for the future.
421 Via La Soledad in Redondo Bea...
Ultra-High Priced South Bay Real Estate
If you have been reading "Hot Property" in the Los Angeles Times or other real estate and social media sites, then you have probably heard about America’s most expensive house for sale.
“Los Angeles has just reached new heights in ove...
Hermosa Beach Condos are on Fire!
The traditionally slow South Bay holiday period has officially set in. There have been fewer new listings and opened escrows and we expect more of the same as Christmas and New Year’s grow near.
One area of the market that is not following...