Real Estate in the Hermosa Beach and Redondo Beach Areas

Sending Amy off to college?  Think about finding a condo or home for her to live in and have a roomate help pay the mortgage. Visit one you can stay there while you get her settled and decorate. After 4 years, you can sell it and in this climate….2010 you should be able to sell it at a profit. Wouldn’t it be great if that paid you back for her tuition.  This has happened many times for people that I personally know. It would have happened to people that I know that thought about it and didn’t do it. After the 4 years, I mentioned it to one friend and we agreed that it definately would have worked.

This is a link to an article emphasizing a real estate company. Just disregard that and stay RE/MAX and work with me!

Home Buying 101: College Towns are Undiscovered, Affordable and Stable Markets for Homebuyers | RISMedia

Hermosa Beach had a cute small home for 450K when someone I know well thought California prices are crazy. Five years later they bought at 799K. Think long term and you will see the real estate market has always been a moving target. Low prices now and low interest rates are so great and so many people are not in a positon to buy. Thats what creates these markets. Advise your children to save for another great day like this or a rainy day like this.