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.
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...
How to Buy Your Own Island
Escaping to your own private island is easier than you think. The world is filled with small pieces of paradise that cost under $100,000. Considering this is much cheaper than owning a home in a major...
Market Imbalance Drives Home Prices Up
The good news is out! The National Association of Realtors (NAR) just released that existing home sales in the month of June are at a record high. On top of that, the median prices for existing homes ...
Hot Markets in June 2015
As the summer sun sweeps through the United States, the real estate market continues to enjoy a heatwave as well. Realtor.com has analyzed its June 2015 data and explained the trends suggest good news...
Higher home loan rates are likely as Fed rate hike looms
The Chairwoman of the Federal Reserve, Janet L. Yellen, has stated that the planned increase in interest rates would be done very slowly, with the first expected to be just a 0.25 percentage point inc...
The Facebook Effect (on real estate prices)
Facebook is worth $220 billion and counting. It comes as no surprise that when the company takes over a chunk of Menlo Park to build its state-of-the art campus, the city sees a seismic change in the ...
First Quarter 2015 California Housing Affordability
As interest rates lowered and the prices for existing homes stabilized, more Californians realizes their dream of becoming homeowners during the first quarter of 2015. According to the California Asso...
Home Prices are Climbing Faster & Faster, but this is not a Bubble
This spring, home buying is off and running. Unfortunately, prices are being driven up faster than in the recent past. These statistics make people mistakenly believe the real estate market is in a bu...