South Bay Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Oct. 20, 2020

New Horizons 55+ Torrance - Featured Community

New Horizons 55+ Torrance - Featured Community

New Horizons Torrance 55+New Horizons of South Bay is a resort style community, built in 1963-1964.  Unlike at many other South Bay 55+ communities, New Horizons offers wide green open spaces, house-like feel to condos, especially the bungalow style homes you see at New Horizons. 

View New Horizons Homes For Sale

new horizons 55+ community Torrance CA Among many New Horizons recreational facilities are: the Clubhouse with lounge, billiard room, ballroom with large kitchen, the 9-hole golf course.  The sports facility includes a gym, sauna, jacuzzi, second pool, tennis court, wood shops. There is something for everybody at New Horizons. It is located just a few miles from the beach and even closer (in many cases walking distance) to shopping, dining and medical facilities. 

Contact us at (310)918-5027 for showings or to be alerted via email when new homes become available at New Horizons.

Check out the advantages of downsizing into a senior 55+ home:

Posted in 55+ Communities
Oct. 16, 2020

How To Price Your Home For Sale

How To Price Your Home For Sale

selling a home

When you decide how to price your South Bay California home for sale, the goal is to increase visibility and drive more buyers your way. Instead of trying to win the negotiation with one buyer, you should price your house so that demand is maximized and more buyers want to take a look.

As a home seller, you might be thinking about pricing your house on the high end while so many of today’s buyers are searching harder than ever just to find a home to purchase. You’re thinking, higher price, greater profit, right? But here’s the thing – a high price tag does not mean you’re going to cash in big on the sale. It’s actually more likely to deter buyers and have them looking at the houses your neighbors are selling instead.

Even today, when the advantage tips toward sellers because there are so few houses for sale, your house is more likely to sit on the market longer or require a price drop that can send buyers running in the other direction if it isn’t priced just right.

how to price a home for sale

It’s important to make sure your house is priced correctly by working in partnership with a trusted local South Bay real estate professional. When you price it competitively, you won’t be negotiating with one buyer over the price. Instead, you’ll have multiple buyers competing for the home, and that’s what ultimately increases the final sale price.

The key is making sure your house is priced to sell immediately. That way, it will be seen by the most buyers. More than one of them may be interested, and your house will be more likely to sell at a competitive price. Whether you're selling your Redondo Beach home, Torrance home, Manhattan Beach home or any South Bay Area home, we can help!

 Contact us for a Free Home Evaluation today! We'll help you price your home correctly with the goal of generating multiple offers.

 

Posted in Seller Tips
Oct. 15, 2020

Buying a Retirement Home - 55+ Community

When should I buy a retirement home? How about a South Bay 55+ community?

When is the right time to buy a 55+ condo? Wait till I retire or purchase a beach 55+ condo such as one of our South Bay active senior condos?

Approximately 10,000 people turn 65 in this country every day. Prior to the health crisis and covid pandemic, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for their later years in life. This year, however, the game changed.

 

Many of today’s workers who are nearing the end of their professional careers, but maybe aren’t quite ready to retire, have a new choice to make: should I move before I retire?

If the sand and sun are calling your name and you have the opportunity to work remotely for the foreseeable future, now may be a great time to purchase that beach bungalow you’ve always dreamed of or the single-story home in the sprawling countryside that might be a little further out of town.

Whether it’s a second home or a future retirement home, spending the next few years in a place that truly makes you smile every day might be the best way to round out a long and meaningful career.

The health crisis this year made us all more aware of the importance of our family and friends, and many of us have not seen our extended families since the pandemic started. It’s no surprise, therefore, to see in the same report that 32% of those surveyed cited the top reason they’re making a move is that they want to be closer to family and friends (See graph below):

55+ homes retiring

The survey also revealed that 73% percent of retirees currently live in single-family homes. With the overall number of homes for sale today hitting a historic low, and with the buyer demand for single-family homes skyrocketing, there’s never been a more ideal time to sell a single-family home and make a move toward retirement. Today’s market has the perfect combination of driving forces to make selling optimal, especially while buyers are looking to take advantage of low interest rates.

Contact us today to book a Free Tour of South Bay 55+ active senior homes. Call (310)918-5027

July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local South Bayreal estate? So are we! Every month we review trends in our local real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please Contact us for clarification or to have any questions answered.

We'll be happy to provide you with details that are not listed on the report and help you determine the best South Bay California home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates