Beach Cities Real Estate Slowing

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By Carl Clark The sellers’ market has peaked for the Beach Cities. If you’ve been waiting for the “top of the market” before listing — this is it! Real estate is the quintessential example of the law of supply and demand. Ideally there would be one buyer for every seller in the market. That way […]

55+ Options: Torrance

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The city of Torrance offers the bulk of opportunities for senior housing in the South Bay. We’ve identified 10 distinct locations with homes exclusively for those 55 years of age and older. They cover a wide variety of living styles, building ages, community sizes, purchase prices and monthly costs. The available homes change constantly, much […]

Accessory Dwelling Unit or Bootleg Rental?

Posted Leave a commentPosted in 55+, Housing shortage, Residential Income, Senior Housing

Call it granny unit, granny flat, mother-in-law quarters, in-law quarters, casita, secondary suite, guest quarters, guest house, accessory apartment, or simply bootleg rental.  They are here and they are legal. Last year the California legislature made that final term obsolete and took a dramatically firmer stance on one solution to the state’s housing shortage.  Local government […]

Home-sales-per-household ratio remains flat despite inventory concerns

Posted Leave a commentPosted in Buying a new (to you) home., Housing shortage, Market Direction, Sales Data, Selling your home., uncategorized

The following article is reprinted from first tuesday journal, and was written by Carrie B. Reyes.  We seldom reprint entire articles, however this contains a unique interpretation of statistics worthy of being widely distributed.  Our thanks to first tuesday journal and Ms. Reyes. On a monthly basis, 2.9 homes sold per 1,000 households at the […]