The past year was a good year in general for residential real estate in Hermosa Beach. However, in every market, there are winners and there are losers. Here are our picks for each category.
Our view of the biggest winners and losers in the Manhattan Beach residential real estate market for 2018.
Just as we were reflecting on the market softness at the upper end of luxury home sales here in the South Bay, a super luxurious 3-year old Tree section home listed for $6.7 million sells in a week. Seems like the real estate gods are toying with us.
Are upper-end homes sales starting to stagnate in the South Bay? Check out some of the more expensive homes that are still searching for buyers, even, in some cases, with the added publicity of having appeared on hit television shows.
Is the housing market slowing down in the South Bay? The economy is still strong and mortgage rates are relatively low but what does the data tell us? You can find out here.
Historically low inventory versus higher mortgage rates and home prices that are already at a multi-year high after a strong 2017 - which of these two sets of factors will determine the direction of home prices this year in the South Bay? Here, we offer our two cents worth.
The median sale price and median price per square foot for homes have both risen well over 60% throughout LA County in the past 5 years. See where Manhattan, Hermosa and Redondo Beach rank among LA County communities.
New Case Shiller numbers for nationwide home prices and new median sale price statistics for the beach cities are all pointing in the right direction - up.
Check out the latest Case Shiller home sales data and see how it compares to the sales data for the single family and condo/townhome market segments in the various beach cities here in the South Bay.
First-time home buyers are rushing to buy homes after a decade on the sidelines. Result could be much higher home prices.