Real Estate in the Hermosa Beach and Redondo Beach Areas

The Avenues in Redondo have just had a huge hive of wonderful bees removed from the area by Bee Catchers 866- 544 0074. They provided the humane moving service to take the whole colony away to newer diggs. The local kids were getting stung playing in their yards. Cartwheeling, baseball and gymnastics had all but stopped for a while. The kids have had to be cautious before.

Some of us have NO on a dog to ask for the yards to be free of dog visitors who can use the area between the sidewalk and street.

Back to Bees. www.beecatcherssocal.com  remove and relocate these useful busy little buzzers.  Google bee removal to find other great groups like www.beerescue.com/

Our neighbors used the first group although there may be local groups too. There are 50 types of bumble bees in N. America. Every bee is a good bee.

The removal guys come out and remove the siding, remove the hive and a ton of bees. the worker bees left buzzing around will hang around for about 2 weeks. Wow how would you feel if the whole town left and you and your patrol group were all that was left of the group…Twilight zone…yea I know.

Having a listing in Gardena has been a training ground for REO and Short Sale properties.

But know this…the offers are starting to come in after a long dry spell.

Is it spring? Is it the awareness of the buyers that interest rates will rise?

The news is news….multiple offers are out there right now…and it is bumping up the numbers on the offers. 

City Overview
GARDENA
Real-Time Market Profile
Trend
THIS WEEK
Median List Price
$ 319,000
The median single family home
Average List Price
$ 331,149
price in GARDENA this week is
Least Expensive Listing
$ 129,900
$319,000. The 131 homes have
Most Expensive Listing
$ 659,000
been on the market for an
Asking Price per Square Foot
$ 246
Average Days on Market
160
average of 160 days.
Total Inventory
131
Absorbed This Week*
13
Percent of Properties with Price Decrease
37 %
Percent Relisted (reset DOM)
15 %
Percent Flip (price increased)
3%
Median House Size (sq ft)
1,310
Inventory has been tightening and
Median Lot Size
4,501 – 6500 sq ft
days-on-market decreasing
Median Number of Bedrooms
3.0
Median Number of Bathrooms
2.0
recently. The Market Action Index
Median Age
57
has been basically flat, not
Altos Research Value Statistics
providing strong indication for
Market Action Index
Cold! Buyer’s
16
market conditions.
Altos Research calculates the Market Action Index which measures available supply
relative to the current level of demand. Index value above 30 indicates conditions favor
the seller. See the section below for full details.

South Bay investors are sometimes frustrated that few properties are in our local areas. When we do have a bank owned property it will sell with multiple offers if it is a good deal.  All properties have to be a good deal for people to sign up and buy it. That is a fact. 90505 in Torrance had a 4 br 2 bath Bank owned property with a pool. It sold for close to 510,000. this year with 5 offers and no kitchen! 90503 area had a sale of a 3 bedroom home, in great condition for 570,000. with several offers and 2 were all cash. What was the story behind the forclosures? One was that the owner passed on and the relatives who inherited it didn’t pay the bills, the taxes and they lost it. Homes in those zip codes move quickly if they are under the 600K mark. It’s a needle in a haystack to find them. Sometimes out of area agents post the listing in the wrong area. It takes an alert, busy, agent to find the deal and to win the deal. It still goes to the highest offer or the strongest financing.

Foreclosure Activity up 6% in February-Six California cities registered foreclosure rates among the top 10: Stockton at No. 3 (one in 67 housing units), Modesto at No. 4 (one in 68), Merced at No. 5 (one in 74), Riverside-San Bernardino at No. 6 (one in 80), Bakersfield at No. 7 (one in 85), and Vallejo-Fairfield at No. 10 (one in 111). To read the whole article go to http://rismedia.com/2009-03-12/foreclosure-activity-up-6-in-february/

I stumbled upon this information from the South Bay MLS. If you know anyone needing credit information please forward them this

you or your client falling behind on house payments? Will your interest rate reset soon? Have you received a notice of default? You and your clients are invited to a Homeownership and Credit Counseling Workshop hosted by Congresswoman Jane Harman (D-36) in two South Bay locations. Take action now and learn how to build good credit and repair bad credit.

Wednesday, October 22, 5:30 p.m. in th San Pedro Public Library,931 S. Gaffey St.

Parking is free but seating is limited. For information or to R.S.V.P., call (310)549-8282.

My costume designer’s home in Gardena is a great spot for someone who wants a lot of storage. The bonus room has one long closet with mirror doors. Isn’t it darling. She fell in love with the parquet wood floors. She went on to add the bamboo through all the bedrooms. New flooring in the kitchen-laundry and bathroom and new kitchen appliances grace an already great home. The fruit trees are mature and bearing. The driveway can park 4 cars plus a 2 car garage. This is for professionals who need to drive only a short way to access the freeways. It is blue and white charming.

 I have it showcased on Realtor.com in Gardena in the 350-400 price range area to shop. It is also on Trulia, and a ton of other sites. I’m about to add it to Craigs list too. I am open to ideas from other agents on marketing on the internet.

There is a “short sale” for sale in Carson that has been “short changed” in the MLS photo department 

Short sales are a difficult business. For everyone. I could go on and on, but the result is that a bank owned is easier for Realtors and the clients.

The description-nice 4br/2ba home in carson area -this home offers four bedrooms, 2 bathrooms, family kitchen, lots of storage, small private backyard and more.

the only mls photo for the property…

Could you put the lid down?  Did you get a photo of the front of the house?

This is one way to get people to talk about your listing.