Torrance market was a seller's market in 2024. Home sales were lower than in the previous years. The buyer demand was lower than in 2023 due to higher mortgage interest rates and very low inventory of homes …
View More
Mortgage rates did not go down as hoped despite all the mortgage drama from Federal Reserve policy of lowering the rates.
Mortgage rates averaged 6.72% in 2024. That may sound high to young people or folks with short memories, but it ranks …
View More
If you're considering buying or selling Torrance and South Bay real estate, you are probably watching the interest rate trends and the mortgage market. Here is the latest update:
|
Here is the latest detailed real estate market report for Torrance - the largest South Bay LA market. Torrance CA market represents the South Bay perfectly. However, the real estate is local and prices are local. If you'd like …
View More
Torrance home sales have shown signs of slowing down. High interest rates, coming elections as well as the season (end of summer, families have mostly settled down before schools start).
Below is detailed data for Torrance real estate sales, …
View More
South Bay real estate picked up steam in 2nd quarter '24, with increased home sales and rising home prices. Here is the latest real estate market report for South Bay LA with the detailed analysis of two selected markets: Redondo Beach and Torrance. These two markets represent the South …
View More
Torrance CA market remains strong with higher home sales and rising home prices. Torrance CA is in the seller's market due to the very low inventory and strong buyer demand despite high interest rates.. Home sales are up in most categories, …
View More
Here is the latest real estate market report for South Bay LA with the detailed analysis of two selected markets: Redondo Beach and Torrance. These two markets represent the South Bay perfectly. However, the real estate is local and …
View More
Torrance and Greater South Bay real estate market is showing signs of recovery in terms of rising home prices as well as sales. It is still a seller's market due to the very low inventory. Home sales are up in most …
View More
South Bay January 2024 real estate market profile has not changed when compared to last few months. It is a seller's market due to the very low inventory, low demand, lower property sales, high interest rates reducing the homebuyer pool. Home sales …
View More