The Torrance average sales price decreased 8.7 percent compared to November 2007, bringing the average price to $553,990. The  number of sales increased 6.25 percent. Meanwhile, the average market time decreased 37 percent, with average market times of 74 days vs. 53 days in 2007. Torrance                  Sold            Listings AverageSales Price AverageDOM Nov 2008               85  $553,990 74 Nov 2007               80  $606,853 53 *All stats are compiled from the Multi Regional  Multiple Listing Service. Information is deemed reliable but not guaranteed. Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices. If you want to learn more about South Bay and Los Angeles County r... 12/08/2008

Walteria comprises a mix of the old and the new. With many older homes built in the 1960's and numerous contemporary newer homes. The homes in this section of Torrance are really located in two distinct Neighborhoods which are divided by Hawthorne Blvd, but both area of Walteria are at the foot of Palos Verdes The most sought after is the area west of Hawthorne Blvd. One gets the whole country feel, you'll see streets lined with old trees and without sidewalks. Walteria is amongst the most attractive and desirable South Bay neighborhoods for both, retirees and young families, who take advantage of the award winning Walteria Elementary, Richardson Middle and South High schools.  Many neighborhood parks, South Bay Botanical Garden and beautiful local beaches as well as horse trails, ocean... 11/24/2008

this is it- the thanksgiving red tag event sale in Torrance! two great Bank owned properties to sell. Do you know what RHORS means? It is a local Southern California word for Real Estate open house bank owned specialist The students of Tom Ferry were treated to a Treat! Than along with many many helpful treats was meeting the RHORS community. Lenders and Agents get together to get the bank owned properties sold. This weekend we will be presenting TWO in Torrance- one a townhome on 190th street and the other a single family home with a pool.  Talk about GOOD DEALS! We don't get too many bank owned in our area. Better come see one if you want a deal that is no TURKEY! 190th in Park Plaza II townhome   11/21/2008

Great Buy in the Le Parc Estates area of Walteria located off of Hawthorne Boulevard. This is a great alternative to renting in the South Bay. Here is a chance to buy a two bedroom, two bath condo with laundry inside the unit, move in ready condition including stainless steel appliances, two side by side parking spaces in a secure garage for $389,000!               For more information contact Rachelmtyndall@gmail.com *Please note the above listing is listed by RE/MAX Agent other than myself   11/19/2008

October 2008 home sales in Torrance Average October '08 home price was $524,743 compared with $611,799 in October '07, a 14.2% price drop!  However, average price practically did not change on the month to month basis - September avg price was $524,973! Total of 102 homes were sold  last month - compared with 59 sales in Oct '07 - a 73% increase in sales! Average DOM was 78 days compared to 51 days a year ago. Highest priced home sold at $1,655,000; lowest at $210,000. Real estte is local - Check out recent sales in your area!  Wondering what your home is worth?  Visit http://www.SouthBayHouseValues.com for Free Internet home evaluation. Search all Torrance and Southern California MLS for Free on http://www.isellsouthbay.com.com! Del Amo Shopping Center in Torrance   11/06/2008

The economy is looking relatively stable in South Torrance in Hollywood Rivera.  Homes for sale is currently 22. The inventory has gone down considerably since 2007 which is encouraging for the Sellers in the Rivera... Prices are up and have not been this high since March of 2008.  SEe the chart below..This chart takes in all of the Homes in the Hollywood Rivera and all sizes, views and styles..If you would like a chart tailored to your specific home just ask me for one..I would be happy to help you with all your real estate needs. See the chart below, courtesy of Trendgraphics and Remax Palos Verdes for more information and the market charts from 2007 to 2008. This shows how stablile our local economy is and how great a time to buy or sell and take advantage of the low interest rates n... 11/04/2008

BEAUTIFUL TORRANCE TOWNHOUSE CONDO APARTMENT BUILT IN 2005 ( Pocket Listing )Perfect Location in a great neighborhood! Walk to great restaurants and parks in Old Town Torrance!  2 bedroom + 1 ½ baths. Two-story upper unit, 3 balconies/sun-decks! Approx. 1000 sq. feet. Close to Honda and Toyota. Wood floors, Shutters, Stainless Appliances, Wood Cabinets, Granite Counters, Central Air, 2-car garage, tons of storage. Refrigerator and Washer/Dryer! Only 11 units in quiet complex. Cable hook-up, Gardner, Water, Trash included.     Please call for an appointment: 310-713-8704.  $2000 / 2br - Beautiful New Townhouse, 2Br+1.5Ba in Prime Location (Torrance - South Bay)1323 Post AveTorrance, CA 90501310-713-8704 10/24/2008

Walteria: There are currently three short sales for sale in Walteria: 3213 Newton      $450,000 3/1 3209 Dalemead $671,000 3/1 3545 Senefeld   $925,000 5/2 And there is one REO home in escrow on Cricklewood which was listed for $381,000 but ended up selling for OVER $525,000. For more information please contact Rachelmtyndall@gmail.com   10/22/2008

                                                                     Pictures courtesy of money.com and south bay real estate google.com images Here is the link to a great article that verifies what we have all been saying...The Buyers are back and we are seeing a great activity with mulitiple offers on many properties. I noticed that last week a Walteria property came on the market as a short sale and was bid up with 5 offers from High $300 to low $500K....Unbelievable but true.  What I am seeing is prices that are priced low and thus attracting multiple offers. I have seen some incredible deals from the Banks on Short Sales that are coming in with the Banks knocking off over $200,000 to $300,000.00 from the original loans owing... THe jump in interest rate last week has started the b... 10/21/2008

  I just love the Farmers' market and this week I visited Torrance and it was awesome! Torrance has one of the larger Farmers' Markets in Los Angeles and if you're in the area I highly recommend it! Even if your not, it's worth the trip. They have everything you would ever want and then some. They have a great prepared food section so it's great if you just want to pick up a quick and affordable lunch! Come and enjoy the live music and get all those fresh fruits and veggies that are so good and good for you! So, this post I thought I would give you a recipe for Honey Caramelized Chicken Wings, YUMM! Enjoy! Day: TuesdayHours: 8:00 AM to 1:00 PM Day: SaturdayHours: 8:00 AM to 1:00 PM   Location: Charles H.Wilson Park, 2200 Crenshaw Blvd - between Carson Street and Sepulveda Boulevard Man... 10/18/2008

  Here it is the sales from July of 2007 to September of 2008 in the South Torrance Area. Stay tuned for next month when we see how and if the economic damage will affect the South Torrance Real Estate Market. Again, we are seeing buyers coming back into the real estate market realizing that a tangilbe item like property is the best investment. Welcome Back...We just had a home sell in Walteria that had five offers on it and went from a asking price in the high $300K to a selling price well over $500K..I think that the interest rates are motivating buyers to start shopping...concerned that the rates will jump up after the election and they would like to lock in at a low rate now!! Date 7/07 8/07 9/07 10/07 11/07 12/07 1/08 2/08 3/08 4/08 5/08 6/08 7/08 8/08 9/08 For Sale 19 25 25 23 20 ... 10/15/2008

September 2008 home sales in Torrance   Average September '08 home price was $524,973 compared with $568,222 in September '07, 8.2% price drop!  Total of 83 homes were sold  last month - compared with 59 sales in Sep '07. This translates into a 41% increase in sales volume!  Average DOM was 65 days compared to 57 days a year ago. Highest priced home sold at $1,060,000; lowest at $217,000 Visit http://www.FantasticTorranceHomes.com for more information on Torrance real estate, Free MLS, latest listings and more. For immediate assistance please call 310.918.5027 10/13/2008

IF you are a planning on buying a home this year, here is why now is the time! This fall will be a particularly good time for First- time homebuyers to jump in 1. Prices may show a little more dropas the market stabilizes, thanks to the government take over of Freddie Mac and Gannie Mae 2. interest rates are likely to decline as Freddie and Fannie get help. 3. The Federa lHousingAdministration recently boosted it loan limits t $729,750.oo in expensive areas.  It is going to take some that back come Jan. 1, when that loan limit will shrink to $625,000.00 4. THe FHA allows down paments of as little as 3% but will raise to 3.5% in October 1st. People scraping together a down payment should try to set their cloings for the end of this year so down payments from FHA don't go up again. 5. Th... 10/02/2008

Fall Market is here and Yes, The South Bay is still selling ocean view properties are still holding their value despite all the grimm news this week! Here is some great tips for Fall Sellers 2008, call 310-377-6695 for this free home seller's tips 2008 Real Estate for the Soul's Featured Property of the Week: http://activerain.com/blogsview/388938/32646-Coast-Site-Rancho   Rancho Palos Verdes Best Ocean view Condo http://activerain.com/blogsview/306368/4134-Pacific-Coast-Hwy Torrance Newer Home Best Newer Construction http://activerain.com/blogs/palosverdesrealtor4god/tags/homes%20historical Pasadena Victorian Updated and Prestigious Real Estate Articles: http://activerain.com/blogsview/672576/Buyers-How-Much-is http://activerain.com/blogsview/667760/Selling-your-Home-2 http://activerai... 10/02/2008

Average August '08 home price was $538,916 compared with $648,628 in August  '07, 20.4% price drop!  Total of 103 homes were sold  last month - same as in August last year.  Average DOM was 64 days compared to 38 days a year ago. Highest priced home sold at $1,100,000; lowest at $310,000. Check out recent sales in your area!  Visit http://www.FantasticTorranceHomes.com to search Free MLS! Wondering what your home is worth in today's market?  Visit http://wwww.SouthBayHouseValues.com for Free Internet home evaluation, delivered to your e-mail within 24 hours!   Torrance Beach 09/24/2008

Please seek help from a qualifed real estate professional that can refer you to the right sources.  If I can give you any advice and help, please do not wait to long to seek help. The biggest problem with foreclosure is the time lost in hope that you will find a cure for your problem or one of those letter promising to help will save you.  Majority of those letters are a great loss of time and many con artists are out their praying on unsupecting victims of foreclosure, especially if you have equity in your property. Read below a warning I received from one of my realtor associate. Plesae Pass this on!                                                                                                       Pic courtesy of google.com home protection.com Just last week I heard of a Nurse who ... 09/17/2008

I received this great notice of our school children having a wonderful event on September 24, 2008 called "See you at the poles."  Please pass this on to your moms and your schools, start organizing this so we can make September 24th a day to be remembered for our children and pray that this will give our children a bold stepping out in faith and uniting in Jesus. Pray that God will put a hedge of protection on all our students who will step out in faith on September 24th.. Here is the letter I recieved from Jay Secular at the ACLJ. "Dear Mary,In recognition of the upcoming nationwide See You at the PoleTM event this year on Wednesday, September 24, I have written a crucial online bulletin regarding students' rights http://www.aclj.org/media/pdf/ACLJ_SeeYouatthePole-2008_090308.pdf and... 09/17/2008

Many of our friends,family and clients May have a friend or relative that has been touched by the recent Foreclosure Problems. Below is a list that may help them to call their lender's loss mitigation department and seek some relief from the financial and emotional stress of being in foreclosure or close to. Most important, Find a realtor that has experience in the short pay offs and foreclosure. Most Realtors that have been around since the 1990-1992 rash of foreclosures became great experts in working with the banks and lenders during the foreclosures of the early 1990's . Currently, especially with the recent Fannie Mae and Freddie Mac bail out, Lenders are more willing to work with the borrower to help lower his interest rate and keep the borrower in the house. In this season, banks... 09/10/2008

  Torrance Housing Hope: Signs the Housing Market May Rebound in 2009   Most experts agree that 2007 was one the worst years for the Torrance real estate market in a long period of time. People have begun comparing the present market problems to the crash during the 1980's. Though certain aspects, such as prices, may stop falling in the current year, there are signs that the market will truly begin to rebound in 2009. This could signal rises in prices, which have been rapidly dropping in the last couple months. Another reason a 2009 rebound is predicted is that it is believed the market will finally hit bottom in the current year. On the surface, this may cause anxiety, but consumers need to remember that a market must hit bottom before it can fully recover.   Read more »   Past Article... 09/07/2008

1st time looking for a Mortgage in Torrance California? Read these tips first! Mortgage Tips for First Time Home Buyers in the Torrance Real Estate Market Most people have the dream of one day starting a family and living in their Torrance dream home. If you have made smart financial decisions throughout the years, you are most likely very close to reaching your goal. However, there are some tough steps that lay ahead before your dream is a reality. You will need to do tons of research and evaluation to be sure you receive everything you want and can handle. Read Also:  Better for Torrance Citizens: Conventional Home Loans or FHA Loans? If you are close to making the decision to enter the Torrance Real Estate Market, study these tips on mortgages before searching all Torrance Homes for ... 09/06/2008