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short sales: South Redondo Bank Owned - Foreclosure Update - 01/23/12 11:40 AM
The number of bank owned homes in South Redondo Beach has continued to be steady with any new pending or closed sales quickly being replaced with new listings and the overall number generally hovering under 10.  While bank owned homes, or REOs (Real Estate Owned) may not be quite the discounted price that is often seen in short sales, much of the delays, unknowns and aggrevations are alleviated.  Currently ther are 6 bank owned homes on the market with all of them being townhomes or foreclosures.  For an updated list of the foreclosures and short sales in Redondo Beach visit our … (0 comments)

short sales: 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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short sales: South Redondo Beach Foreclosure Update - 07/14/11 12:30 PM
South Redondo Beach has seen a recent increase in both bank owned homes as well as short sales and notice of default filings.  The current bank owned homesrange from $369,900 for a 1 bedroom single family home on PCH to a large detached townhome at 807 Juanita.  View our updated South Redondo Beach foreclosure site for additional information.
Current Bank Owned Homes and REOs in South Redondo
 
South Redondo Beach Short Sales
 
Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his … (0 comments)

short sales: Do certain cities even have standard sales anymore? - 12/22/09 01:45 AM
As I work with a number of short sale sellers and buyers I do realize that the market has been dramatically impacted by these distressed sales.....but the reality even surprises me once in a while.  I was just doing a quick search of single family homes in Gardena California, for homes with 3 bedrooms and priced under $400,000.  Now granted that anything in the South Bay under $400,000 is a reach but I just couldn't believe the results.
Of the 18 homes priced under $400,000 that are currently active, 13 of them are "distressed" sales with 12 short sales and one bank … (2 comments)

short sales: Looking to buy in Carson.....be prepared for a short sale - 09/17/09 08:03 PM
I was just on the MLS setting up appointments for showing tomorrow with my client.  He's interested in finding a newer townhome in Carson and generally in the $375,000-$425,000 price range.  In searching the homes that he's interested in seeing it never ceases to amaze me the sheer volume of short sales.  Of the ten homes he's hoping to see....9 of them are short sales.  As Carson is one of the lower priced areas of the South Bay, it shouldn't be surprising that it was one of the hardest hit communities, but it makes it a challenge for both buyers and … (4 comments)

short sales: North Redondo Beach Foreclosure and Short Sale Update for June 2009 - 06/30/09 01:15 AM
There continues to be an increase of homes on the market in North Redondo Beach at some stage of the foreclosure process.  There are currently 15 "distressed" homes on the market in North Redondo (areas 151-154) with 7 of them single family homes and the remaining 8 being a mix of condos and townhomes.  Of the 15 homes on the market 12 are short sales with 3 being bank owned homes or REO properties.  Click here for a current list of North Redondo bank owned and short sale homes.

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan … (0 comments)

short sales: Don't call for status.....if it shows active it is available (Unless it's not) - 02/03/09 04:47 PM
In this continually changing South Bay real estate market in which you just can't seem to avoid short sales and bank owned homes, I keep running across listings with the agent remarks "Please don't call for availability.  If it shows active it is available."  That's great and all, but it seems that more often than not I go view it with my clients, call the listing agent with a question about my clients wanting to write and offer only to be told.....it's actually in escrow.  Now I realize that many of the agents that specialize in REOs and short sales have quite a … (5 comments)

short sales: Lower Priced Hollyglen/Del Aire Housing Market Really Picking Up - 01/08/09 01:08 PM
With downward pricing pressure from foreclosures and short sales, the market for lower priced homes in Del Aire is really picking up.  Homes that had been sitting on the market are now going into contract.  Of the 5 single family homes priced below $400,000 (which would have been unheard of a year ago) 4 have gone into escrow in the past month after some were sitting on the market for quite a while.  Of the 5 homes 2 are bank owned homes, 1 is a short sale, one is a court ordered (not probate) sale and only one is traditional seller.  Click … (0 comments)

 
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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

Office Phone: (310) 546-7611 x 366

Cell Phone: (310) 251-2344

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