55+ Options: Torrance

Posted Leave a commentPosted in 55+

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 […]

Higher interest rates and demand predicted in coming few years

Posted Leave a commentPosted in 55+, Buying a new (to you) home., Market Direction, Selling your home.

Global markets are stabilizing, which will cause interest rates previously held in check by cautious investors to increase. This predicts a slight downtown in 2018, since currently sales volume is low and prices are high, so rising interest rates will initially decrease demand from prospective buyers who can no longer afford to qualify for what […]

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 […]

55+ Options: Redondo Beach

Posted Leave a commentPosted in 55+, Senior Housing

Now in their golden years, the baby boom generation continues to shape our environment. Until about 10 years ago, senior housing in Redondo Beach was limited to a couple of rental complexes. One in north Redondo and one in south Redondo, they are both operated by non-profit organizations, and both have long wait lists. With […]