Market Updates

May 2, 2022

Redondo Beach Real Estate Update March '22

Redondo Beach Real Estate Update March '22

market report

Redondo Beach real estate market is tight with higher home prices, lower sales due to the very low inventory. The homebuyer demand continued to exceed the supply of houses and condos. It resulted in sellers receiving multiple offers and pushing prices …

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April 28, 2022

Torrance CA Real Estate Market Update March '22

Torrance CA Real Estate Market Update March '22

market update

Torrance CA real estate market data reflects the continuing seller's market. Low inventory (the inventory of homes for sale is now even lower than a year ago) and home buyers trying to take advantage of low interest rates before the …

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Feb. 19, 2022

Redondo Beach Market Update January '22

Redondo Beach Market Update January '22

real estate market

Redondo Beach real estate market is hot with higher home prices, lower sales due to the very low inventory. The homebuyer demand continued to exceed the supply of houses and condos. It resulted in sellers receiving multiple offers and pushing prices up. …

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Feb. 10, 2022

Torrance Real Estate Market Report Jan '22

Torrance Real Estate Market Report January '22 

 

Torrance CA real estate market was still tight last month, with higher home prices, low inventory, bidding wars. Property prices reached new highs and more buyers have been priced out of the market. The mortgage rates inched up but …

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Jan. 23, 2022

Redondo Beach Market Summary for 2021

Redondo Beach Market Summary for 2021

market update

Redondo Beach CA real estate market was characterized by higher home prices, increased sales despite very low inventory. The homebuyer demand continued to exceed the supply of houses and condos. It resulted in sellers receiving multiple offers and pushing prices up. Another …

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Jan. 15, 2022

Torrance Real Estate Market Report for 2021

Torrance Real Estate Market Report 2021 vs. 2020

Torrance market report

 

Torrance CA real estate market was characterized by higher home prices and increased sales. The homebuyer demand continued to exceed the supply of houses and condos. It resulted in sellers receiving multiple offers and pushing prices up. Another …

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Jan. 11, 2022

South Bay Real Estate Market Report for 2021

South Bay Real Estate Market Report for 2021

South Bay real estate market

South Bay real estate recorded increased home values and sales in 2021. Below are selected real estate market reports for major markets in South Bay CA and Beach Cities. Below you'll find property listing and selling data in real time …

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Posted in Market Updates
Jan. 7, 2022

Foreclosure Analysis for 2022

Foreclosure Analysis for 2022

Foreclosure Analysis for 2022. Can we expect foreclosures in 2022? Many potentials buyers here in Torrance and the beach cities have been asking this question a lot. The home values and prices in Torrance and surrounding South Bay communities have shot up so much that …

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Dec. 18, 2021

Market Forecast for 2022

What will the real estate market be like in 2022?

Home prices will continue to rise due to the low inventory of homes for sale and strong buyer demand.

Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they …

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Posted in Market Updates
Nov. 8, 2021

Mortgage Interest Rates Historically

Mortgage Interest Rates Historically 

Mortgage rates are still historically low, still around 3% but slowly climbing. Experts project rates will rise further.

But as a homebuyer, what do rates above 3% really mean?

Today’s Average Mortgage Rate Still Presents Buyers with a Great Opportunity

Buyers don’t …

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