Real Estate News and Advice
July 12, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > California > Hermosa Beach


Market Conditions Summary for Hermosa Beach, California


Reported by

Kay Grundhaus
as of 6/24/2009:
If you would like to know how you could benefit from this market, please give me a call at 310-890-6407 or email me at kay@homesbykay.com. All of the beach cities have had a 30.1% drop in prices from Jan 08 to Jan 09, which resulted in a lower... MORE->
About Kay Grundhaus

Reported by

Maddy Cespedes
as of 6/15/2009:
There has been 11 residential sales in the month of May 2009 with 58 days average days in the market. The least expensive residence that sold was a 1,310 SF condo in a 7 units' complex for $649,122 and the most expensive sale was for a newer single... MORE->
About Maddy Cespedes

Reported by

Kaye Thomas
as of 4/30/2009:
Inventory is up slightly and sales are better then last month. There are 7 Strand homes for sale with prices starting just under $5,000,000. North Hermosa Strand properties are worth a bit more then those closer to the pier.. Available properties as... MORE->
About Kaye Thomas

Reported by

Todd Pearl, Esq.
as of 4/15/2009:
Per CAR and Data Quick, many more homes are selling than last year at this time. This is probably due to reduced prices and the historically low interest rates. This is good news for both buyers & sellers. Now is a good time to secure your piece of... MORE->
About Todd Pearl, Esq.


Average Current Market Rating: 2    (4 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (4 ratings)




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Falling

Rising

Navigate: Top > California > Hermosa Beach


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.32%
15 Year Fixed: 4.69%
1 Year Adj: 4.82%
(U.S. Weekly Averages)

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