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As Interest Rates Rise….how Does it Impact Torrance Home Buyers?

August 13, 2018 by Keith Kyle

Many prospective home buyers are concerned with rising interest rates.  While the Torrance interest rates in 2018 are still historically very low, the concern is justified.  Higher interest rates mean reduced buying power.  With every slight rise in interest rates, the monthly payment increases reducing the price of a home that a buyer can qualify for.  See the chart below for an idea of how different interest rates impact monthly payment and what a buyer’s income needs to be to qualify.

Interest rate impact infographic

Filed Under: Interest rates, Torrance CA real estate market, Torrance real estate trends Tagged With: interest rates, torrance home sales, torrance real estate

In Escrow In One Week! 4171 w 172nd Street in North Torrance

April 28, 2018 by Keith Kyle

4171 w 172nd Street, Torrance CA 90504 – Priced at $735,000North Torrance homes for sale

**update – this home has sold

This home boasts many impressive features, including a large open living and dining room with recessed lighting, hardwood floors, and sliders to the backyard and patio. The remodeled and spacious kitchen offers new granite counters, stainless steel appliances, ample cabinet space, roomy pantry, in kitchen breakfast area and opens to the living/dining areas. Two bright and beauitiful bedrooms sit off the front side of the home and share a beautifully remodeled full bathroom. The master bedroom addition is a spacious retreat with sliding doors to the backyard and private patio. The master suite offers walk-in closets, recessed lighting, a large master bath with tiled flooring, a beautiful shower and dual sinks. Enjoy the great year round weather in the landscaped grass back yard filled with flowers, fruit trees, and is ready for entertaining in the spacious patio area.   See additional homes for sale in North Torrance

  • 3 bedrooms, 2 bathrooms
  • 1,375 square feet
  • remodeled throughout
  • Grassy front and rear yards

The property located in a great neighborhood of Torrance with easy access to shopping, dining, freeways, the beach and a short distance to the South Bay Galleria.

 

Welcome home! This home is as charming on the inside as it is on the outside. From the wonderful curb appeal and the great location, to the upgrades and enhancements, it has it all. Drive up the tree lined street and pull up to a beautifully landscaped front yard and shaded front porch in a friendly neighborhood atmosphere. From the moment you enter you’ll notice the open and bright interior with a flexible floorplan to fit every lifestyle.   For more information call/text us at 310.251.2344 or email at keith@keithkylehomes.com. We would be happy to set up a tour of the home.

 

Filed Under: Homes for Sale, Listing Agents, Realtor Keith Kyle, Torrance CA real estate market, Torrance home prices, Torrance homes for sale, Torrance Real Estate Tagged With: 90504, homes in north torrance, north high, north torrance

Website for Old Torrance Real Estate and Homes for Sale

April 3, 2018 by Keith Kyle

If you’re looking for a home in the Old Torrance area of Torrance CA, we’ve created a website to give you real estate information specific to this charming and historic part of town.  Old Torrance Homes.com has everything real estate.

See information on current homes for sale in Old Torrance, sellers can find the value of their homes, search the MLS and see blog posts for this unique area.

Old Torrance Homes.com

Filed Under: Buyers, Home Prices, Homes for Sale, Old Torrance, Torrance CA real estate market Tagged With: old torrance homes, old torrance real estate, old torrance realtors

Beautiful Single Family Home Coming Soon to North Torrance

March 21, 2018 by Keith Kyle

New listing coming in 2018.  This fantastic 3 bedroom 2 bath home with almost 1400 square feet has been updated throughout and offers an open floorplan that’s perfect for today’s home buyer.   This home offers many impressive features, including a large open living and dining room with recessed lighting and hardwood floors. The remodeled kitchen has quartz counters, great cabinet space ,pantry, breakfast area and stainless steel appliances. The oversized master bedroom features walk-in closets, recessed lighting, newer carpet, direct yard access throuogh the sliders, and a spacious master bath with custom tile, dual vanities and more.   Head through the sliding doors, and enter a beautifully landscaped back yard filled with flowers, grassy yard, fruit trees, and spacious patio that is ready for entertaining  friends and family.  The property located in the great neighborhood area of Torrance with easy access to shops and freeways and walking distance to the famous Galleria Shopping mall.   Contact Torrance listing agent Keith Kyle for more information.

North Torrance homes for sale
North Torrance homes for sale
Realtor Keith Kyle for sale sign
What is Your Home Worth?
North Torrance homes for sale

 

Filed Under: Homes for Sale, Listing Agents, North Torrance West, Remodeled Homes, Torrance CA real estate market, Torrance Real Estate

October 2017 Torrance and South Bay Home Sales

December 17, 2017 by Keith Kyle

October 2017 was a big month for home sales in Torrance with 127 closed sales.  Median home prices through all of Torrance CA was $675,000 which was slightly under 7% gain over October 2016.  The Torrance market has been extremely busy with prices continuing to rise.  The rest of the South Bay saw a mix of year over year increases and decreases.  See the Torrance homes that sold in October

City Homes Sold October 2017 Median October 2016 Median Year over Year % Change%
Carson 58 $495,000 $455,000 8.8%
El Segundo 19 $875,000 $925,000 -5.4%
Gardena 43 $545,000 $490,000 11.2%
Harbor City 17 $510,000 $4145,000 23%
Hawthorne 50 $578,000 $540,000 6.9%
Hermosa Beach 21 $1,414,000 $2,038,000 -30.6%
Lawndale 21 $505,000 $411,000 23%
Lomita 17 $575,000 $580,000 -.9%
Long Beach 322 $525,000 $475,000 10.5%
Manhattan Beach 28 $2,875,000 $2,250,000 27.8%
Marina Del Rey 25 $979,000 $1,150,000 14.9%
Palos Verdes Estates 30 $1,600,000 $1,825,000 -12.3%
Play Del Rey 16 $665,000 $635,000 4.8%
Rancho Palos Verdes 47 $1,265,000 $1,250,000 1.2%
Redondo Beach 72 $1,105,000 $878,000 25.8%
San Pedro 69 $530,000 $588,000 -9.8%
Torrance 127 $675,000 $632,000 6.9%
Westchester 38 $1,089,000 $1,050,000 3.7%

Filed Under: Home Prices, Homes for Sale, Torrance CA real estate market

Torrance Real Estate Statistics

November 21, 2017 by Keith Kyle

Information is critical in real estate and the right information can help you determine where the market has been and where the market is heading.  See the various charts below to view some important real estate statistics such as average sales price in Torrance, number of active v pending listings, etc.

Median Home Prices in Torrance

Number of active Listings

Number of Pending Home Sales

Number of Closed Sales

Median Price Per Foot

Filed Under: Buyers, Home Prices, Homes for Sale, Torrance CA real estate market Tagged With: median price per foot, number of closed sales, number of homes for sale, number of pending listings, Torrance real estate statistics including average sales price

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