In 2018, the Manhattan Beach median home price was right around $2.4 million. That is a BIG number. If you are looking to get into this coveted beach home market without breaking the bank, you should consider Liberty Village. In this sub-market of East Manhattan Beach, there are options for all types of buyers. There are fixer starter homes for under $1.3 million, there are medium-sized turnkey homes around $1.7 million, and of course, there are new construction homes commanding over $2.7 million. Today, I will be breaking down some of these options to show how Liberty Village is a great option to get you into the Manhattan Beach real estate market. New Construction As most
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Month: March 2019
Now that spring is officially upon us, the South Bay real estate market will begin to heat up over the next few months. So before the official rush of spring selling season begins, I thought I would touch on some intriguing South Bay listings under $1 million. Hermosa Beach 1202 20th Place 3 bed, 1 bath, 1,176 sq. ft., single-family home Asking: $965,000 Finding a single-family home under $1 million in Hermosa Beach is almost impossible. This fixer property was recently cut just below $1 million, and if you are a shrewd negotiator, you might be able to get it even lower! This property has a chance to be one of the lowest 2,500 square foot
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The Silver Spur sub-market on the Palos Verdes Hill has been a long time hidden gem with amazing affordability and top-notch schools. Over the past decade, the area has been known for three- and four-bedroom starter homes around 1,800 square feet offering incredible value for first-time home buyers. Pair that with one of the best locations to get on and off The Hill (or deeper into the The Hill), this sub-market is slowly making a name for itself. See more about the area in our Silver Spur neighborhood profile here. Median Price Homes After the Great Recession, the Silver Spur sub-market median price was well below $1 million. Even up until 2015, the trailing 12-month median
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The old Realtor adage “Interest rates are rising – go out and buy now!” is oftentimes a misguided statement for most buyers. For this week’s blog post, I want to address this proclamation and why more often than not, it is not accurate. Everyone’s financial goals are different and interest rates should never be the one driver behind buying a home. Interest Rate Realtor Claims Take a look at this chart below that has been flying around social media: Source: The Romanski Group I have seen variations of this chart posted over the years. Whoever created this graphic was very smart to target specific buyers in order to sell more real estate. That said, buyers need
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