The number of short sales and bank owned homescontinue to rise in January with 12 homes now active on the MLS. The homes are almost all single family with the townhome at 311 Aviation Place being the exception. While Manhattan and Hermosa have been fairly immune to the foreclosure market in the past the difficulty of obtaining jumbo loans has made for a slow market and price reductions. See below to view the current distressed properties in Manhattan Beach.
Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach. He serves his clients throughout the South Bay and his websites KeithKyleHomes.com and FindYourSouthBayHome.comoffer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more. Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com
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