Hollywood Riviera Blog
Igor Nastaskin of RE/MAX Estate Properties is an experienced real estate agent that specializes in homes in the Hollywood Riviera in Redondo Beach. This Blog is for Buyers and Sellers who are interested in community information and general real estate information about the South Redondo, Riviera Village, Torrance, and Hollywood Riviera areas.
Out-of-Control Rents Make Home Ownership Even More Attractive
A great many Americans have chosen to rent their primary residence rather than purchasing a home. Renting has traditionally been a choice that allowed you to obtain a residence while remaining free fr...
Will August’s Home Sales Decrease Take a Toll on Prices?
According to the National Association of Realtors, the Pending Home Sales Index revealed the month of August saw a small dip in its numbers. Despite the fall, the results were stronger than this point...
Modest Real Estate Gains are Still Good News
It has been a hot summer for real estate in California with home sales higher than they were a year ago. Although sales in August decreased by 3.8 percent from July, the numbers were still up by 9.3 p...
Home Equity in the United States is Up
A recent study completed by Black Knight Financial Services confirms that available home equity in the United States has jumped by an estimated $1 trillion during the last year. This is the highest it...
Economists Report That Federal Rate Hike Won’t Harm Housing Market
The housing market is enjoying a wonderful period of recovery, and much of that has been due to the lower interest rates that have encouraged people to make the decision to purchase a home. With the F...
Luxury Real Estate 101: High Net Worths ‘Bagging” World’s Most Exclusive Villa Retreats
Most people dream about buying luxury getaways but do not have the funds. Even though prices range between $1 million and $10 million, it is always fun to examine some of the world’s most unique...
Delinquent Mortgages at Lowest Level Since 2007
According to the latest National Delinquency Survey from the Mortgage Bankers Association (MBA), delinquent residential mortgages are at their lowest rate since the second quarter of 2007. This marks ...
Flipping is flopping, says RealtyTrac
According to RealtyTrac data, flipping homes has been on a nearly continuous decline since its peak in 2006. This is attributed to a variety of factors, including a reduction in the number of foreclos...
3.8M Homes Stand Vacant
Unbelievably, a number of homes are being held from a real estate market that is seeing constrained inventories. Approximately 3.8 million vacant homes need repairs or are bank-owned. These “zom...