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Redondo Beach, CA Real Estate News

By Mike Bjork
(Evolve Bank & Trust)
  Have a Wonderful Memorial Day Weekend! Thank you to all the Vets and Active Military for all of your Hard Work and Dedication!     http://MikesDailyMarketReport.com  
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Starting July 2nd are the free concerts on the pier!! All shows are scheduled to start at 6 p.m. and go until 8 p.m. They will be every Thursday and Saturday until September 3, 2011. Here are some other FREE fun summer events at the pier: 2011 Free Pier Events The Redondo Pier Association is committed to providing FREE community events throughout the year for the public to enjoy! 2011 Events Schedule   37th Annual Festival of the Kite Sunday, March 13, 201112:00 - 5:00 PMSummer of Music FREE Concerts on The PierEVERY THURSDAY & SATURDAY, 6:00 - 8:00 PMJuly 2 - September 3, 2011The Pier Drum Circle (NEW)2nd Sunday of each month (starting June 12, 2011)1:00 - 3:00 P.M.4th of JulyWatch the spectacular annual fireworks show from The Pier9:00 P.M. International Surf FestivalJuly 29 - 31, 201...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Very exciting news not only is there a new Total Wine and Sprouts Market on the south-side of the Galleria Mall in Redondo Beach they are scheduled to open a 35,000 sq.ft Nordstroms Rack!! Yes you heard me right. The shopping Gods have heard us. Now we will have a Loehmans and a Nordstrom Rack within just a few miles of each other. Just another great reason why living in the South Bay is so great!
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com -Sorry, it's a little longer today because there was a lot to cover
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Many potential buyers come to me in search of an oceanfront home.  Who wouldn't want to live in a place with panoramic views and the sounds of the surf?  Unfortunately homes on the beach or ocean front are rare and prices can often be overwhelming.  Prices on The Strand in Hermosa or Manhattan Beach can often top $10.0M.  The best option for an affordable ocean view or ocean front home is in South Redondo Beach.  Unlike homes on The Strand in Hermosa and Manhattan Beach, the zoning in Redondo allowed for condominium complexes to be built ranging in size from 400 foot ocean view studios to 2 and 3 bedroom penthouse units with over 2000 square feet. Some of the primary locations for these oceanfront units are: Seascape I, II and III which can also be known as The Village.  Units range fro...
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A new loan program called, "NoMI Pay" can be beneficial for Buyers in 3 Major ways.  First, let's explain what is the "NoMI Pay" loan program.  It is a Conventional Mortgage that will allow a Borrower to have either less than 20% equity (if they're already in the home) or put down less than 20% (on a purchase) and NOT have to pay a monthly Mortgage Insurance premium (MI).  The reason is simple, we simply pay your Mortgage Insurance Upfront.The First Reason why this is so beneficial to Borrowers is it allows them to lower their monthly payment by not paying the monthly MI, which the monthly savings over the life of the loan can be literally tens of thousands of dollars.  To illustrate this, we'll compare it to a normal Conventional Loan with monthly MI.Scenario:Sales Price is $430,0005% ...
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