south bay: White Hot Real Estate Market in Fusion South Bay - 02/08/12 01:55 AM
While the market for townhomes in Fusion had slowed to a virtual stop due to the pending litigation against the builder, that issue has been resolved, lenders are once again financing, and the abundant inventory has just about withered down to nothing. What was a great opportunity for buyers may be short lived as the inventory is now so far down. 2011 saw a total of 2 sales in Fusion, of which both were all cash buyers. 2012 couldn't have started of more drastically different with 6 townhomes currently in escrow. To view Fusion floorplans and currently active homes for sale … (1 comments)
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south bay: 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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south bay: 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)
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south bay: New Listing in Redondo Beach - 1809 Phelan, Redondo Beach CA 90278 - 10/14/09 12:34 AM
Come by on Thursday October 15th from 12-2 to have a look.
… (1 comments)
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south bay: 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)
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south bay: Recycle Those Christmas Trees in Redondo - 01/06/09 02:09 PM
The city of Redondo Beach has gone green....green Christmas that is. The city is promoting their Christmas tree recycling program. Information from the City of Redondo is below:
Redondo Beach Holiday Tree Recycling
Remember to Recycle your holiday tree! By recycling your holiday tree, you can help our environment and keep this valuable resource out of the landfills. Flocked trees and trees coated with fire retardant will be accepted.
Single-Family Units with curbside trash collection -
Holiday trees will be picked up on your normal trash day (place at curbside). Friday, December 26, 2008 through Friday, January 16, 2009 … (1 comments)
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south bay: New Group For Real Estate in Southern California's South Bay - 01/02/09 11:51 PM
We've put together a new group dedicated to real estate in the South Bay. As those of us that specialize in the South Bay know (and frequently tell our clients) the South Bay is really a very different market than much of Southern California. Whether you are a realtor, mortgage broker, stager, contractor, etc. please consider joining our group so that we can help build a group dedicated to the South Bay.
Visit our group at South Bay Realtors
Keith Kyle - Realtor, e-Pro - South Bay Brokers - 2501 N Sepulveda Blvd Manhattan Beach, CA 90266 - 310-251-2344 - … (2 comments)
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south bay: Close to the beach? New Construction? There are deals to be had in Fusion in Hawthorne - 12/30/08 12:41 AM
When we were at the peak of the market the townhomes in the Fusion complex drew a great deal of interest for many couples and singles priced out of the nearby Beach Cities. Fusion is technically on 149th Street in Hawthorne, but is just off Aviation Blvd and directly across the street from Manhattan Beach. As the market cooled so did the prices in Fusion and we're now seeing smaller 2 bedroom townhomes selling in the low to mid $400,000 range. The homes are just a few years old and are a great option for those looking to live near the … (0 comments)
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south bay: Christmas in Redondo - Holiday Boat Parade in King Harbor - 12/08/08 12:28 PM
Ah to live in the South Bay.....Ice Skating at Seaside Lagoon, Holiday Walks in Manhattan Beach and Riviera Village, and activities for everyone. If you're looking for something a bit different than visit King Harbor for the 17th annual Christmas Boat Parade. The parade of lights starts at 5:30 on Saturday December 13th and it's a great way to enjoy the holiday spirit in true South Bay style. Visit the King Harbor Yacht Club for more information.
Click to see the Redondo Beach Boat Parade Route
Keith Kyle - Realtor, e-Pro - South Bay Brokers- 2501 N Sepulveda Blvd … (0 comments)
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south bay: Never Underestimate What's Important to Your Buyer During Inspections - 11/13/08 12:55 PM
Although it shouldn't, it never ceases to amaze me just how different people are in terms of what concerns them during escrow and inspections. Just when you think you know what personalities are going to care about what issues.... people surprise you. I recently had buyers that I thought for certain would be concerned about mold and having the home inspected. When I recommended it, they came back with "why would we care about mold". When the inspector noted that the plugs in the bathroom were not GFCI, however, they refused to accept that the seller wouldn't replace them as they … (1 comments)
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south bay: New to Hermosa Beach and Looking for a Place to Take the Kids? - 11/06/08 11:23 AM
As a north Hermosa Beach resident, and the father of a 3 year old and a 6 year old, I seem to spend much of my time at Valley Park in Hermosa Beach. Valley Park is located on the corner of Gould (which....just to confuse....is also Artesia which is also 27th Street) and Valley. The park is an absolutely ideal place to bring the kids and meet some of your neighbors while you're there. There is a soccer field, basketball court, picnic area, wonderful playground and plenty of grass to play on and trees to climb. Parking can be a bit … (0 comments)
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south bay: Price reduction on a single family home in Gardena - 10/02/08 12:28 AM
If you or your clients are searching for an affordable single family home in the South Bay, consider 1235 W 144th Place in Gardena. This clean and bright home has been well cared for by the original owners and their children and is located on a very private and quiet cul-de-sac. This great opportunity is offered for $395,000 and is a 3 bedroom 2 bath home with almost 1400 square feet. Contact us for additional details, photos and more.
Visit our 1235 W 144th Place property website
Keith Kyle - Realtor, e-Pro - South Bay Brokers - … (0 comments)
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south bay: Signs of the times in Redondo Beach - 09/26/08 05:22 PM
I had a listing about a year ago for a very nice townhome in Inglewood, California. I knew I had a challenge ahead when I pulled up the street to meet the owner and saw at least 15 for sale signs, many of which had "bank owned" or "foreclosure" on them. As I have written in prior articles, in terms of real estate the South Bay is not one large community, but a number of very different towns with values and demand basically increasing as you get towards the beach. The cities within couldn't be more different and factors that impact one … (0 comments)
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south bay: Looking for a great workout in Manhattan Beach?..... - 09/25/08 01:10 AM
Who would have thought that in a town with a seemingly endless beautiful sand beach, one of the best places to go get some exercise would be on a hill....or more precisely a big sand dune. As there is some structure or another on just about every part of Manhattan Beach, most people are unaware that the hills we see and live on along the coast are really just big sand dunes. One great place to find this out is a small park just North of Rosecrans known as Sand Dune Park. The park is certainly aptly named as the main … (0 comments)
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south bay: One of The Problems with Zillow - 09/24/08 01:20 PM
In today's market stats show that over 80% of potential homebuyers begin their search online. With all of the available data out there many homebuyers and sellers use sites such as Zillow to find values for an area, determine if something is priced well, and see what comparable homes are on the market. I'm not hear to critique everything about Zillow and even post all of my listings there. The problem is Zillow often gets it wrong and uses comparables that......well aren't comparable. The often take into account the real differences in homes that real estate professionals in the … (0 comments)
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south bay: Understanding the South Bay real estate market....or markets - 09/16/08 07:00 PM
I have many clients contact me that are interested in buying a home in the South Bay and they've often read headlines that often don't give them an accurate picture of the South Bay. The reality is that there are many individual real estate markets in the South Bay based primarily on the individual city, but often can get down to the neighborhood level. The South Bay in terms of real estate generally reaches up to parts of Inglewood in the north, Torrance and Harbor Gateway to the east and Palos Verdes to the south. What lies in between are neighborhoods … (0 comments)
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south bay: Room to roam.....equestrian home on a 20,000+ foot lot in Rolling Hills Estates - 09/10/08 04:18 PM
WOW....this is the deal your clients have been looking for. This beautiful single level home in the Palomino Ranchos neighborhood of Rolling Hills Estates on a huge lot has it all......beautifully landscaped grounds, gated pool, jacuzzi, horse facilities, plenty of parking, great location and more. This 4 bedroom, 3 1/2 bath ranch style home with tree top views feels miles away from the congestion of the city. An equestrian property with stable and tack room, it's just a side-pass away from the extensive Palos Verdes trail network. The home features a driveway which runs street to street and almost 300 feet in … (0 comments)
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south bay: Opportunity in Gardena on a quiet cul-de-sac - 09/10/08 01:38 AM
Great new listing in Gardena in Pacific Square located at 1235 144th Street. This wonderful home is located on a very quiet and private cul-de-sac in the great Gardena neighborhood of Pacific Square. This is the first time the home has ever been on the market and the original owners have lovingly maintained the home for over 45 years! The home features 3 bedrooms and 2 baths with a bright and open kitchen, dining area, living room and family room with brick fireplace and direct access to the landscaped backyard. The home is located on a quiet cul-de-sac and is bordered by a … (8 comments)
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