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South Bay Real Estate
Welcome to South Bay Real Estate by Gerry! My website is your resource for real estate information in the South Bay of LA. Create your customized search for homes in Manhattan Beach, Hermosa Beach, Redondo Beach, El Segundo, Torrance, Lomita, Hawthorne and more! Receive the monthly South Bay Real Estate Report which keeps you up-to-date on homes sales in each city. At no obligation, find out the value of your home. Search recent sales near your home.
I am a real estate professional with RE/MAX serving sellers and buyers in the South Bay of Los Angeles. I work in Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, Lomita and surrounding cities. My service is your key.
"My Service is your Key"
1720 S. Elena Avenue
Redondo Beach, CA 90277
310-413-4089 - cell
CA BRE # 01742286
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Sales at Highest Pace in 10 Years! [INFOGRAPHIC]
- 45 million existing homes were sold in 2016! This is the highest mark set since 2006.
- Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
- The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year price gains.
Thinking of Selling? Why Now is the Time
It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.
Buying a Home is More Affordable Than Renting in 66% of US Counties
According to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.
How Low Interest Rates Increase Your Purchasing Power
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history!
Have You Saved Enough for Closing Costs?
There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little as 3% (or 0% with a VA loan).