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        <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>
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            <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>
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            <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>
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            <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>
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            <guid>http://www.isellsouthbay.com/blog/mortgage-rates-hit-new-record-lows.html</guid>
            <link>http://www.isellsouthbay.com/blog/mortgage-rates-hit-new-record-lows.html</link>
            <author>info@isellsouthbay.com (Krystyna Baty)</author>
            <title>Mortgage Rates Hit New Record Lows</title>
            <description> <![CDATA[ 
Just as one thought that interest rates on home loans cannot go any lower, we saw them hit a new low at 3.89 for an average 30-year fixed rate mortgage.  Mortgage rates have not been that low since the 1950s.  The rate for a 15-year fixed mortgage rate rose slightly to 3.17% a week ago.


Unfortunately, many potential buyers cannot qualify for these low rates due to extremely high standards imposed by lenders in the last few years. 


 
 ]]> </description>
            <pubDate>Sat, 21 Jan 2012 16:33:00 -0800</pubDate>
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