Redondo Beach|News|
Modest Redondo Home Is Least Expensive On The Market
WOW House: The large grassy backyard comes with a lemon tree, so when life gives you lemons...well, you know the rest.

WOW House: The large grassy backyard comes with a lemon tree, so when life gives you lemons...well, you know the rest.

WOW House: A large backyard, floating staircase, and a master closet that'll keep you so organized you'll even surprise yourself.

WOW House: Impeccably designed to be in-style as well as functional, this home has it all.
WOW House: This angular beauty in South Redondo offers a contemporary cool vibe using only the finest, most advanced materials.
WOW House: The main house has two-bedrooms, two-bathrooms and the guest house has one-bedroom, one-bathroom.
WOW House: There are small details and blue hues throughout the house that give nod to its location just three blocks from the beach.
A private back patio is the perfect setting for throwing summer barbecues or relaxing with a glass of wine after a long day of work.
WOW House: This cozy beach house is a 2-bedroom, 3-bathroom on a corner lot.
WOW House: Nothing rhymes with orange, but this house is still a peach.
WOW House: Two miles from the beach and less than half of a million dollars, this home is a real steal.
WOW House: The electric bill will be virtually non-existent upon move-in thanks to fully-paid-for solar panels.
WOW House: This Spanish-style custom-built home has such a beautiful backyard, it could be mistaken for a park.
WOW House: This stunning home features a resort-style layout and an abundance of windows to soak up ocean views.
WOW House: Not quite ready for move-in, this five bedroom townhome is expected to be completed by January 2018 – but why not buy today?
WOW House: This triplex has a total of 10 bedroom, 9 bathroom spread out over 6,618 square feet and can be yours for $3.55 million.
WOW House: This modern Mediterranean single-family home has four bedrooms and three bathrooms in Redondo Beach.
WOW House: The price of this mobile home is sure to wow, at only $55K there aren't many houses that can beat that price.
WOW House: An elevator leads to an ocean view at this Redondo Beach home.
WOW House: Swim in a pool right next to the beach in this paradise resort style home.
WOW House: The master suite has a balcony that gives you breathtaking views from Malibu to Palos Verdes.
WOW House: The lush landscaping, stonework, stamped driveway and wooden fence all create a tranquil entrance to this one-of-a-kind home.
WOW House: The home is located in south Redondo Beach with a short walk to the beach and Riviera Village.
The median price of a Los Angeles County home was $525,000 last month, up from $490,000 in January 2016.
Redondo Beach's rent increased by 5.1 percent in 2016, according to a study by RentCafe
WOW House: The home features an open tri-level floor plan that offers custom panel floor-to-ceiling wainscoting and white oak floors.
According to CoreLogic, the median price of a Los Angeles County home was $520,000 last month, up from $500,000 in December 2015.
At one Southern California city, the median rent for a one-bedroom apartment was close to $5,000.
Homeowners with mortgages saw their equity increase by a total of $227 billion in the third quarter of 2016.
Redondo Beach residents pay an effective tax rate of 0.7 percent.
Part of the reason is because of a good school district.
A Washington Post analysis looks at housing prices before and after the financial collapse.
A UCLA economic forecast indicates construction won't be able to keep up with demand for new homes in California.
A UCLA forecast warns that supply can't keep up with demand, prompting a need for shifting policies for affordable housing.
Overall, assessed value of properties in Los Angeles County jumped by 6.13, which means bigger sale prices and higher property taxes.
The pace of home sales slowed in August as reduced affordability priced many out of the market.
Pending home sales in California posted the strongest month increase in six years, but there may be signs of slowing down.
Sales are up by 13.5 percent and prices by 4.7 percent while affordability is down to 32 percent, which amounts to the historical "normal."
Only 32 percent of the population can afford a home in LA County where the median price is $$440,620.
These are three mortgage loan programs that provide for less financial documentation and less financial scrutiny.
The number of homes sold in Los Angeles County soared in June.