<?xml version="1.0" encoding="UTF-8" ?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
    <channel>
        <atom:link href="http://www.isellsouthbay.com/blog/rss/" rel="self" type="application/rss+xml" />
        <title>South Bay Los Angeles Real Estate Blog</title>
        <link>http://www.isellsouthbay.com/blog/</link>
        <description>South Bay Real Estate Blog - Market Reports, Real Estate News and South Bay Lifestyles</description>
        <item>
            <guid>http://www.isellsouthbay.com/blog/redondo-beach-real-estate-market-trends.html</guid>
            <link>http://www.isellsouthbay.com/blog/redondo-beach-real-estate-market-trends.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Redondo Beach Real Estate market trends</title>
            <description> <![CDATA[ 
The Redondo Beach real estate market is changing.  Home sales are up, despite low inventory.  Price changes have been "choppy", sometimes moving sideways, but, as you'll see from the charts below, the Redondo Beach median home price has been trending up.








Also, the market action index MAI (see below) has been trending up:





The inventory level is dramatically reduced:





If you're wondering what your home is worth in this market, please contact me at (310)918-5027 or via email info@isellsouthbay.com and I'll provide you with a complimentary home evaluation.
 ]]> </description>
            <pubDate>Tue, 01 May 2012 12:52:00 -0700</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/redondo-beach-1st-qtr-market-report.html</guid>
            <link>http://www.isellsouthbay.com/blog/redondo-beach-1st-qtr-market-report.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Redondo Beach 1st Qtr Market Report</title>
            <description> <![CDATA[ 
 Redondo Beach real estate market showed signs of improvement.  The median selling price jumped in March to $650,000, which was still lower than 12 mos ago. Number of home sales increased steadily this year, starting at 76 in Jan, 73 in Feb and up to 96 in March and ending the quarter at 245 sales. Total number of sales was up by 4 percent when compared with sales a year ago. The inventory of homes for sale is shrinking, which is in line with California and most US markets.


Please see charts and tables below for details on Redondo Beach home prices and sales in the first quarter 2012:





 

Median Sale Price

 


Month

2012

2011



Jan


$585,000


$658,900




Feb


$559,000


$620,000




Mar


$650,000


$699,500









Month

New Listings, Number of



Jan


94




Feb


98




Mar


84






 



 ]]> </description>
            <pubDate>Tue, 10 Apr 2012 15:19:00 -0700</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/new-short-sale-requirement.html</guid>
            <link>http://www.isellsouthbay.com/blog/new-short-sale-requirement.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>New Short Sale Requirements in California</title>
            <description> <![CDATA[ 
New short sale timelines and standards for mortgage lenders


These new rules will benefit both sellers and buyers.  It was just announced that the strict short sale timelines that mortgage servicers will be held to under the terms of the state Attorneys General foreclosure settlement that was filed in federal court this week (March 12), and that we previously communicated to you in February. As reported on HousingWire.com, the new requirements for short sales include the following standards for the nations' five largest mortgage servicers (Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo):




· Mortgage servicers are required to give a decision to a borrower within 30 days of receiving a completed short sale request package.


· The servicers internal groups must review all short sale requests in the first two months of the quarter, according to Exhibit E in the settlement filed this week.


· And if a servicer takes longer than 30 days on more than 10% of the requests, the firm is considered in "potential violation."


· The settlement also requires a servicer to notify a borrower within 30 days if any documents are missing from the request package.


· Servicers will also be required to notify a borrower if there is a deficiency payment needed before the short sale is approved, including an approximate amount.


· If more than 5% of all short sales approved in a given quarter did not include this disclosure, the bank would be in violation.



If you're considering short selling your home, please contact our short sale team at (310)918-5027 or emai us at info@isellsouthbay.com ]]> </description>
            <pubDate>Fri, 16 Mar 2012 09:11:00 -0700</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/torrance-real-estate-market-price-and-inventory-trends-march-2012.html</guid>
            <link>http://www.isellsouthbay.com/blog/torrance-real-estate-market-price-and-inventory-trends-march-2012.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Torrance Real Estate Market Price and Inventory Trends - March 2012</title>
            <description> <![CDATA[ 
As we approach the end on first quarter, let's take a look at the Torrance, CA market.  Below are charts showing, median home prices, median price per sq ft, housing inventory levels and trends in Torrance.


Median home price in Torrance jumped in March but the 90-day trend is still downward.





Similar trends are shown for median home price per sq foot in Torrance.





Home inventory is very low, although it piced up slightly over last 60 days.





Are you thinking about selling?  Please contact us at (310) 918-5027 or visit South Bay House Values site for Free home evaluation
 ]]> </description>
            <pubDate>Thu, 15 Mar 2012 16:03:00 -0700</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/redondo-beach-real-estate-market-and-price-trends.html</guid>
            <link>http://www.isellsouthbay.com/blog/redondo-beach-real-estate-market-and-price-trends.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Redondo Beach Real Estate Market and Price Trends</title>
            <description> <![CDATA[ 
Redondo Beach, CA Market Update


The median single family home price as of March 04 2012 for REDONDO BEACH is $674,679. Median Redondo Beach home price dropped in the last 30 days but it is trending up - see the 90 day rolling average below.





The average property in REDONDO BEACH as of March 04 2012 has been on the market for about 156 days and it has been trending upwards, as it's shown in the chart below:





The  Redondo Beach, CA median price per square foot for homes is $455 of March 04 2012.  The price per square foot has been quite volatile but it's been trending up since January 2012.





There are about 105 properties on the market in REDONDO BEACH as of March 04 2012. Inventory is very low and it's approaching the pre-recession levels.





Please contact Krystyna at 310.918.5027 or via email info@isellsouthbay.com for a Free Home Evaluation of your home or investment property.  



 ]]> </description>
            <pubDate>Mon, 05 Mar 2012 11:20:00 -0800</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/how-is-the-market-in-manhattan-beach.html</guid>
            <link>http://www.isellsouthbay.com/blog/how-is-the-market-in-manhattan-beach.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>How is the market in Manhattan Beach?</title>
            <description> <![CDATA[ 
How is the Manhattan Beach market?  My answer woud depend on your situation.  Are you a buyer?  If so, the market is great with dramatically lower prices and very low mortgage interest ratea.  My answer would be different if you're a seller or a renter.  


The median single family home price as of March 04 2012 for MANHATTAN BEACH is $1,659,685.   Below are recent median house price trends in Manhattan Beach.





The average property in MANHATTAN BEACH as of March 04 2012 has been on the market for about 135 days





The median price per square foot for homes in MANHATTAN BEACH as of March 04 2012 is about $649.





There are about 92 properties on the market in MANHATTAN BEACH as of March 04 2012. 





Every local market is different.  If you're thinking about selling, please contact Krystyna Baty at (310) 918-5027 for a detailed market report for your home and area.  Home evaluation report is free and there is no obligation.  Call us today!
 ]]> </description>
            <pubDate>Sun, 04 Mar 2012 10:05:00 -0800</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/new-listing-at-breakwater-village-in-redondo-beach.html</guid>
            <link>http://www.isellsouthbay.com/blog/new-listing-at-breakwater-village-in-redondo-beach.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>New listing at Breakwater Village in Redondo Beach</title>
            <description> <![CDATA[ 
Are you looking for a 2 bd senior condo in the South Bay area?  I just listed a 2 bd plus Den 55+ condo on 2750 Artesia Blvd #312 in Redondo Beach.  This address can be misleading.  Although it is located on Artesia, the complex is situated away from the street, hidden and secluded, but close to shopping (walking distance to the Galeria Mall), restaurants, and just one mile from the beach.


This unit is much larger than most senior condos, currently available in Redondo Beach or the South Bay.  Most 55+ condos smal, under 1,000 sq ft.  Currently, this unit is the only 2 bd senior condo listed for sale in Redondo Beach.  There are four 2 bd units in Torrance but they are much smaller, under 1,000 sq ft, with the exception of one - 2 bd/2 ba, 1500 sq ft condo at Courtyard Villa Estates, which is listed at $490,000.


The Breakwater Village condo is spacious (approx. 1,250 sq ft), almost new (one owner who has bought it 1.5 yr ago from the builder - Anastasi Development).  It's a top level unit (nobody upstairs) and it is also a corner unit.  It's the best unit at Breakwater Village!


It's a beautiful home waiting for a new buyer!   Call me at 310.918.5027 or email info@isellsouthbay.com for more info.






 ]]> </description>
            <pubDate>Wed, 29 Feb 2012 15:40:00 -0800</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/south-bay-median-home-prices-12-month-chart.html</guid>
            <link>http://www.isellsouthbay.com/blog/south-bay-median-home-prices-12-month-chart.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>South Bay Median Home Prices - 12 Month Chart</title>
            <description> <![CDATA[ 
I'm often asked: "how is the market?".  Well, it depends if you are a seller, buyer or investor.  It's still a great time to buy, although by looking at the chart below, home prices in the South Bay are off their lows. We'll need a few more months to actually call the bottom since the market might just move sideways again.  Here is the chart: 


If you're thinking about selling, please contact me and I'll provide you with a detailed value report for your home or property.  Real estate is local and while the charts like the one here can be helpful, your property is unique and so is the neighborhood it's located in.
 ]]> </description>
            <pubDate>Wed, 15 Feb 2012 16:57:00 -0800</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/redondo-beach-market-in-january-12.html</guid>
            <link>http://www.isellsouthbay.com/blog/redondo-beach-market-in-january-12.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Redondo Beach Market in January '12</title>
            <description> <![CDATA[ 
Redondo Beach Real Estate Market Update


Redondo Beach real estate sales stats for January 2012 were as follows:


Total homes (residential properties) sold - 46  vs. 44 sold in January 2011


Average selling price - $632,810 vs. $719,559 a year ago (3.7% price drop)


Highest home sold - $1,549,000;  Lowest - $254,


Single family homes sales and average prices were as follows:


Total sold - 17 compared with 18 houses sold a year ago in January '11


Average price - $753,421 compared with $789,406 ( 4.8% price drop)


Redondo Beach market has been moving sideways, which is even better illustrated by the chart below, showing median home prices.  The January median price of $658,900 which represents a price increase of 11.7% compared to a Dec '11.  A bit of a good news for the area home sellers.


REDONDO BEACH MEDIAN HOME PRICE TRENDS - 12 MONTH CHART





 Stay tuned for more South Bay market updates.   Call me anytime for your home evaluation or current listing informaion.
 ]]> </description>
            <pubDate>Tue, 14 Feb 2012 11:36:00 -0800</pubDate>
                    </item>
        <item>
            <guid>http://www.isellsouthbay.com/blog/test.html</guid>
            <link>http://www.isellsouthbay.com/blog/test.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Torrance Real Estate Market Report - December 2011</title>
            <description> <![CDATA[ 
The Torrance average home selling price was down by 1% in December '11 when compared to same period a year ago.The average home selling price was $542,963 in Torrance (Torrance proper only - Torrance PO not included) By comparison, average selling price in Torrance was $512,557 in November, $526,543 in October and it was $499,705 in September. This data indicates an upward price trend over last few months. Number of sales was down by 3% after a huge over 40% spike in November.








Torrance




Homes Sold


Avg Price


Avg DOM*




Dec 2011


65


$542,963


86




Dec 2012


85


$548,608


85






*All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. *DOM - days on market All stats are for Torrance proper - Torrance PO is not included.


Single family homes in Torrance were also down last month.  Average house sold for $581,725 compared with $618,413 12 months ago - 6% drop in average price.



 ]]> </description>
            <pubDate>Wed, 25 Jan 2012 11:31:00 -0800</pubDate>
                    </item>
    </channel>
</rss>
