Is Now Still a Good Time to Buy a Home?
“In terms of the rate, yes,” says Nela Richardson, chief economist for the national real estate brokerage Redfin. Since the presidential election in November, the rate for a 30-year fixed-rate mortgage has risen from 3.68 percent to 4.2 percent, according to Freddie Mac’s most recent weekly mortgage survey. “That’s so low relative to historical averages.”... Read More
Check Out The New Expanded Redondo Beach Farmers Market, Already Open and Very Popular!
The new Redondo Beach Riviera Farmers Market is now open on Sundays from 9.00am to 2.00 pm. It has been very popular with locals and vendors, expanding in size rapidly and becoming very well known in the South Bay. Many local Riviera village merchants stay open Sundays to give locals more reasons to come down and... Read More
South Bay Housing Development Built On Highway Median Finally Selling Homes
“Seventeen years after gaining city approval, a forgotten housing development along an abandoned railroad right of way in Harbor Gateway is luring home buyers to a project described as one of a kind. The new 63-home subdivision of single-family, detached homes — a rarity in the South Bay — is situated along a 60-foot-wide strip... Read More
Southern California Rent Rise Fastest In 9 Years
According to the Daily Breeze online…”The cost of renting in Southern California rose last year at the fastest pace in nine years, according to the Consumer Price Index. The “renting primary residence” slice of the widely watched cost-of-living barometer for the five-county region rose 4.7 percent in 2016 vs. 3.9 percent in 2015. It was the... Read More
$400 Million Redondo Beach Waterfront Project Fate: To Be Determined…
As seen in the Daily Breeze Online…“Like development wars of years past, the battle over Measure C in Redondo Beach has touched a nerve in the beach town and exposed deep divisions over what should be done with its aging waterfront. On Tuesday, Redondo Beach voters once again will be asked to pick sides. If they... Read More
California’s Most Popular Town for Luxury Homes
It’s considered Beverly Hills on the water, where home prices rival that of the actual Beverly Hills neighborhoods. Manhattan Beach has transformed into Southern California’s most sought-after location to live, play and be seen. From hedge-fund execs to pro athletes to talk show hosts, this affluent 4-square mile beach city is changing the landscape of... Read More
The Miller Group Closes a $3.255MM Manhattan Beach Home Using Bitcoin
Our client made $1 million overnight by purchasing a luxury home in Manhattan Beach using the fastest growing currency in the world…Bitcoin! Buying real estate using Bitcoin is a ground-breaking practice within Southern California’s real estate market, and the Redondo Beach-based team The Miller Group was the talent behind the deal who made it all happen. Got Bitcoin?... Read More