south bay brokers: The Market May Be Slowing Down...But Not for Everyone
- 11/29/13 04:16 AM
We have definitely seen signs of the market slowing down over the past 2 months in the South Bay, but that doesn't mean that slow down has been shared equally. In fact in situations where the home is special, or location is great, or just happens to be in an area in which inventory is still dramatically low, we're still seeing an absolute frenzy with multiple offers, appraisal contingencies waived, and prices over the already high list prices. So what's leading this somewhat confused market?
There are many factors that have led to some houses being a hotbed of activity while others … (0 comments)
|
south bay brokers: So what's so great about the Manhattan Beach sand section anyway?
- 11/11/13 02:13 PM
The answer to the question, "what's so great about the Manhattan Beach sand section anyway?" can be summed up with 3 words......Location, location, location. The "sand" section of Manhattan Beach gets it's name from the proximity to the beach. The area stretches from Hermosa Beach to the edge of Manhattan known as El Porto. In this wonderful area you're never far from the beach, often walking distance to shops, restaurants and bars, enjoy almost perfect weather, are treated to spectacular sunsets, and often have great ocean views. The biggest drawbacks to this area are the price and the limited space as … (0 comments)
|
south bay brokers: El Camino Village Home For Sale - 15123 Kornblum
- 11/19/11 01:52 PM
… (0 comments)
|
south bay brokers: New Listing in Torrance CA - 16808 Delia Ave
- 09/22/11 05:58 PM
… (2 comments)
|
south bay brokers: 904 Camino Real #202 Redondo Beach - New Short Sale Listing
- 09/21/11 02:40 PM
New short sale listing in beautiful Redondo Beach CA 90277
… (1 comments)
|
south bay brokers: Hermosa Beach Sand Section Market Update...by the numbers
- 09/09/11 07:16 AM
September 9th 2011
Here's a quick breakdown of the Hermosa Beach Real Estate Market by the numbers
Hermosa Beach Sand Section - Area 148
Single Family Homes:
27 - number of active listings 0 - Number of short sale and bank owned listings $829,000 - Lowest priced $18.99M - high priced (Oceanfront Double Lot) $2,249,000 - Median home price (skewed due to the high ocean front home inventory) 5 - Number of oceanfront Strand homes on the market 4 - Number of pending sales in escrow 2 - Pending short sales, 1 bank owned, 1 standard sale 5 - Number of … (0 comments)
|
south bay brokers: Manhattan Beach Open Houses For August 6th and 7th
- 08/04/11 06:51 AM
There's plenty to look at this weekend with an abundance of beautiful Manhattan Beach homes being held open.
Click above for other South Bay cities
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 websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations 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. For more … (0 comments)
|
south bay brokers: Oceanfront Living in Manhattan Beach - Real Estate Update on The Strand
- 06/26/11 07:20 PM
We've seen some recent additions and a one recent sale on the prestigious Manhattan Beach Strand in the past month. The notable sale was of 3516 The Strand at a price of $7,300,000, a Tuscan inspired home built in 2010 by Sexton Homes. The home was most recently priced at $8,500,000 but perhaps more telling of the state of the luxury oceanfront market was that the home was originally pre-completion priced just shy of $14,000,000 in 2009. The combination of an unusually abundant inventory of oceanfront homes, an initial price that was extremely aggressive and a much more challenging lending environment led … (0 comments)
|
south bay brokers: Manhattan Beach April Home Sales
- 06/10/11 05:42 AM
April was a fairly strong month for home sales in Manhattan Beach. We saw a fairly typical 36 homes close escrow during the month but the pending home sales continued to trend upward with 45 homes in escrow. The luxury home market in Manhattan Beach had a strong month with 9 homes over $2.0M closing during April. As many of my Manhattan Beach home buyer clients have noticed there is a distinct shortage of homes in the $1.1-$1.5M range and the expected uptick in inventory prior to summer has yet to happen. The charts below show information for all of Manhattan … (0 comments)
|
south bay brokers: Your making it difficult to sell your home
- 05/23/11 09:00 AM
I was just setting showing appointments in Redondo Beach for tomorrow and it always surprises me just how difficult sellers can make it on themselves. In the area I'm looking there are currently 6 very similar listings....same buildings, same complexes and similar ocean views. While reading the agent remarks the first I was scheduling an appointment with doesn't have a lockbox and states "Please bring your very qualified buyers, preferably with loan approval. Escrow to be 45 days + 5 days to move." Too many restrictions in a market like this. The second home states "Show after 6:00 p.m. Monday to Friday … (1 comments)
|
south bay brokers: Opportunity in the South Bay - Fusion Townhome Update May 2011
- 05/10/11 07:20 PM
Prices previously unheard of are the biggest news in Fusion South Bay with home prices down as inventory continues to rise. The townhomes were built from 2005-2007 and have a much newer feel than just about anything else in the area in a similar price range. Currently there are 8 homes on the market ranging in price from $369,900 for a Plan A bank owned condo at 5512 149th #10 to a rare J Plan currently priced at $610,000 at 5410 149th Pl #11 but soon to be reduced according to the owner. Click below to view the various floorplans.
The chart below shows … (0 comments)
|
south bay brokers: Oh How I Love Hermosa Beach
- 04/17/11 03:18 PM
I've lived and worked in Hermosa Beach for a very long time and it just never ceases to amaze me just how much I like this town. What makes Hermosa Beach so unique, even when compared with it's neighbors Manhattan Beach and Redondo Beach, is the small town feel if offer while being part of such a metropolis like Los Angeles. Yesterday offered a series of races for kids and adults and it was hard to walk 50 feet in the Pier Plaza area without running into friends and colleagues. With one elementary school, one middle school, a quaint downtown area and the … (1 comments)
|
south bay brokers: South Bay Oceanfront - Manhattan and Hermosa Beach Strand Update
- 02/01/11 12:18 PM
With the slow down of the luxury home market over the past 12 months, homes on The Strand, the beachfront strip of land, continue to come on the market offering a tremendous opportunity. Currently there are 6 homes listed on the Manhattan Beach Strand ranging from $6,900,000 for the home 3 bedroom home at 3112 The Strand to $30,000,000 for the sale of neighboring homes and lots located at 2016 and 2020 The Strand offering two fantastic homes or the potential ability to build something incredibly unique in Southern California with beachfront land at such a premium.
In addition there are currently 2 … (0 comments)
|
south bay brokers: More REOs or Bank Owned Homes in the Luxury Market of Manhattan Beach and Hermosa Beach
- 01/05/11 10:35 AM
I have many clients contact me about "foreclosures" in Manhattan Beach and Hermosa Beach and I often have to go into the details of what this means and that foreclosures generally can mean anything from notice of defaults filed, to short sales listed on the MLS, to bank auctions, to actual REOs or bank owned homes. Each have their own challenges but most of the time they're primarily looking for bank owned homes. Although short sales have gotten much easier and quicker in most cases, bank owned homes are a much more straightforward transaction as most of the unknowns, as to … (0 comments)
|
south bay brokers: Great Hermosa Beach Construction Christmas Tree!
- 12/15/10 02:56 PM
I just drove by a future construction site in Hermosa Beach and just had to snap a picture of this Christmas "tree". Glad to see the construction business has the holiday spirit. Happy holidays!
Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach. He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer 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 … (8 comments)
|
south bay brokers: Redondo Beach Bank Owned and REO Opportunities
- 11/30/10 12:33 PM
With interest rates remaining historically low, the market slowing down, and sellers becoming more motivated all of the time it's a great time to be a home buyer. Possibly the best source of great homes at below market prices are bank owned or REO properties. While not as prevalent as in more distressed areas around the state, Redondo Beach has seen a recent increase in these properties. Although dealing with banks isn't as simple as dealing with a standard sale, they're still generally much simpler then the short sale process which also offers great opportunities but often with long waits and … (0 comments)
|
south bay brokers: Just Listed in Redondo Beach - 2107 Dufour Ave #A - Priced at $659,000
- 11/03/10 10:37 AM
… (0 comments)
|
south bay brokers: Almost 100 Distressed Homes in Torrance - July 29, 2010
- 07/29/10 08:58 AM
While we hear of occasional reports that the foreclosure and short sale market is slowing down the current situation seems a bit different with almost 100 homes in Torrance being bank owned, short sales or having notice of defaults filed against them. Contact us or visit our Torrance Foreclosures page for more information. If interested in viewing or receiving addtional information regarding a specific home visit our foreclosure request page
**the above listings are provided as a service and may not be listed with Keith Kyle or South Bay Brokers
Keith Kyle is a licensed Realtor, short sale specialist and Top … (0 comments)
|
south bay brokers: Tremendous Short Sale and Foreclosure Inventory in South Redondo Beach
- 07/20/10 07:37 PM
South Redondo Beach Short Sale and REO Update - July 21st 2010
With a marked increase in short sale and bank owned listings in South Redondo Beach opportunities abound. There are currently 20 distressed homes on the market in South Redondo with 17 short sales and 3 bank owned properties. Of the 20 homes there are 6 single family homes, 8 condominiums and 6 townhomes.
In addition to the 20 homes in South Redondo there are 26 short sale and bank owned listings in North Redondo Beach.
Click below for more information on individual homes.
Keith Kyle is a … (1 comments)
|
south bay brokers: New Listing in Gardena - 16008 Atkinson - Completely Remodeled
- 07/19/10 06:56 PM
Completely remodeled home on a quiet cul-de-sac in Gardena.
… (0 comments)
|
We have definitely seen signs of the market slowing down over the past 2 months in the South Bay, but that doesn't mean that slow down has been shared equally. In fact in situations where the home is special, or location is great, or just happens to be in an area in which inventory is still dramatically low, we're still seeing an absolute frenzy with multiple offers, appraisal contingencies waived, and prices over the already high list prices. So what's leading this somewhat confused market?
;)
;)
;)
