Amy's Blog
Interest Rates – which way are they headed?
We've had a small uptick in rates as of late which makes sense since the Federal Reserve has been flirting with the idea of pulling back on buying mortgage backed securities. Currently, the Fed purchases $85 billion per month in mortgage backed securities. If they...
Open House at 1026 1st Street, Manhattan Beach
I will be holding open 1026 1st Street in Manhattan Beach on Saturday, May 25th from 2-5 pm. Come see this fabulous new construction in the Hill Section with a spectacular ocean view and open floor plan. It's a 4 bedroom, 4.5 bath home for $3,495,122.
South Bay Festivities – Memorial Day Weekend
Don't miss the festivities in the South Bay this weekend: Hermosa Fiesta First and foremost is the Hermosa Fiesta from 10 am to 6 pm Saturday, Sunday and Monday. Come browse tons of vendors' booths with trendy clothing, fine jewelry, col art, fun knick knacks, yummy...
Real Estate Advice: How do we get our offer accepted with VA financing?
I'll be honest, it's challenging in this market to compete with other buyers when you have VA or FHA financing. The reason being is there are so many buyers making offers on properties that sellers naturally gravitate to offers that are all cash or have heavy down...
Testing the Strength of the Redondo Beach Market
Inventory in Redondo Beacn (as in all the Beach Cities) is still low. Multiple offers are running rampid. Prices are being pushed up. The question is how high will they go - or in other words, how desperate are buyers? There are certain properties that test the waters...
How Low Are Mortgage Interest Rates?
I sat down with Ray Kay of Searchlight Financial today. He reminded me of how low rates are... and I don't mean the average 3.5% rates. I'm talking about rates even closer to zero. This is how it works. You get an interest rate of 3.5% but you're in a 40% combined...
Design Tip – Travertine
Home buyers still appreciate travertine. It's elegant and has a crisp, clean look. Travertine can be a challenge to keep clean however because it is porous. It's important to seal the travertine - a couple of coats - to make it easier to clean. Otherwise, polishing...
North Redondo For Sale vs. Sold Aug 2012 – Jan 2013
<iframe src="http://post2web.trendgraphix.com/FactsAndTrends/Post2Web.aspx?FtId=22c74e07-ddee-4543-b9fd-549d95100924" width="690" height="600" frameborder="no" scrolling="auto"></iframe> In this graph you can see that inventory continues to dwindle....
The Redondo Beach Market Continues to Rise
Prices continue to go up in Redondo Beach. Case in point, 1625 Morgan Lane came on the market last week (brokered by KW). This is a 3 bedroom Tall & Skinny in the Golden Hills, close to Jefferson Elementary. It has been nicely remodeled. The kitchen has been...
2210 Robinson St Redondo Beach – New Construction Coming
The well recognized fencing has just gone up around the small 1967 built home at 2210 Robinson St in Redondo Beach. Just purchased for $505,000 which is, effectively, lot value, the owner/builder is going to tear it down and build a brand new single family home. This...
New Listing in Redondo Beach – 1615 Van Horne Lane
This single family just came on the market in Redondo Beach. It's listed at $829,000. I previewed it this afternoon during Broker's Open. It has a unique and fun layout although it might not be for everyone. It's been nicely updated and gets great light. There's a 700...
Home Remodeling Tip: How much does it cost to install wood floors?
It depends on what type of wood you choose. I just helped a client get their home ready for sale and we replaced the carpet with bamboo. It cost them $8 per square foot. Stairs are more expensive. The treads were $40 per lineal foot and the risers were $10 per lineal...