Amy's Blog
Making Home Affordable Program Has Been Extended
The Obama administration has extended the Making Home Affordable Program until December 2015 in an effort to still help homeowners who are in danger of losing their homes to foreclosure. This also includes the Home Affordable Modification Program (HAMP) and Home...
Listing of the Day – 1208 Fontill, Torrance 90503
I saw a really cute 4 bedroom in central Torrance today (Are 126) during Brokers' Open. It's 1208 Fonthill Avenue. What I like about it is this typical floor plan has been nicely updated and given a fresh look. The kitchen is well done and opens to a dining area off...
Real Estate Advice: I’ve been waiting a week for my prequal letter. Normal?
It sounds like you're actually getting a preapproval letter and not a simple prequalification letter. Here's the difference: Prequalification Letter The prequal letter can be done relatively quickly - you could have this within the hour if the lender gets to it right...
Listing of the Day – Redondo Beach
204 N Lucia Ave, #B in South Redondo just came on the market. I previewed it today during Brokers' Open. This Cape Cod style rear unit townhome has a cheerful, lovely ambiance from top to bottom. Dark wood floors and white walls give it a crisp, clean look. You just...
Taking the Real Estate Market’s Temperature: A Seller’s Market
For the past several months in the South Bay, we’ve been experiencing a frenetic market where listings are sold in days, if not hours. If you blink, you miss them. Multiple offers on properties have effectively pushed prices up quickly. And there is no sign of a slow...
Reat Estate Statistics
Here are some recent facts pertaining to the real estate market: 1. In May, 40% of Americans said it was a good time to sell a home, up from 30% in April and 16% a year before, according to a survey from mortgage giant Fannie Mae. 2. U.S. home prices jumped 12.1% in...
Manhattan Beach Charmer
Today's Brokers' Open had the predictable properties with familiar floor plans. But one property in particular stood out for its charm and character. 1560 10th Street came on the market this week and is listed for $1,389,000. It's a 4/3 with 2400 sq feet on a corner...
South Redondo Surprise
723 N Paulina in South Redondo Beach is still on the market after two months. It was originally priced high in the $3.2 ballpark, but was reduced to under $3 million and will be reduced again shortly. This property offers a rare opportunity in this crazy market to get...
Redondo Beach Home Sales May 2013
Here are home sales for North Redondo Beach, Area 151 (located north of Artesia Blvd and south of Manhattan Beach Blvd. Address Sq Ft. Lot Size Year B/B DOM Sold Original List Variance 2120 Dufour Ave, #18 * 1,368 45,019 1975 3/2.5 45 $499,000 $520,000 -4% 2224...
A new form of public transportation in Hermosa Beach
You may see some of these cute electric cars around Hermosa Beach this weekend (June 7-9). It's part of a pilot program that the city of Hermosa Beach has agreed to for the weekend. A new company called Swoopkar wants to offer a clean energy alternative for short...
Testing the Strength of the Redondo Beach Market Part 2
Redondo Beach Home Sales To follow up on my blog post on May 16th, the market is continuing to go crazy. All the listings that I earmarked 2 weeks ago: 2500 Ruhland, 2204 Plant, #A and 1933 Gates Ave, #B have all gone into escrow. 2500 Ruhland was on the market for a...
My Favorite New Listing in Redondo Beach
We had Brokers' Open today in Redondo Beach. There were a decent amount of things to see! Such good news when we have so many buyers competing for properties. My favorite listing of the day was 2018...