Real estate blog entries tagged with 149th place by Keith Kyle (South Bay Brokers)

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Home : Blogs : Keith Kyle : News and Views of the South Bay : Tag "149th place"

149th place: Fusion South Bay Impacted by Short Sales - 08/10/11 01:08 AM

Fusion South Bay, one of the few relatively newer construction complexes in the Beach Cities vicinity has been hit rather hard by a wave of short sale listings which have certainly impacted prices. As the first wave of owners primarily bought when construction was finished in 2005-2007 unfortunately this was at the very peak of market prices. Currently there are an abundance of listings with very few sales partly due to a potential litigation against the builder. While certain lenders are still doing loans in Fusion, it has slowed down sales fairly dramatically compared with the brisk sales of late 2010.
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Keith Kyle

Redondo Beach, CA

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South Bay Brokers

Address: 2501 N Sepulveda Blvd, Manhattan Beach, CA, 90266

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