Real Estate
Reregulation, sales up, prices down in 09, economist predicts
Single family home sales in California will be up 12 percent in 2008 over 2007’s sales, but average home prices will be down 33 percent compared to last year, economist Leslie Appleton-Young predicted during her annual Shorewood Realtor’s address last Wednesday at the Manhattan Beach Marriott.
In August of this year California median home prices [...]
Word on the Street
South Bay home sales posted their fourth consecutive year-over-year increase in May, with 173 homes changing hands in the combined cities of El Segundo, Manhattan Beach, Hermosa Beach and Redondo Beach. This is an increase of 4.8 percent compared to 165 sales during the same month a year ago. The median sales price jumped 14.3 [...]
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Redondo Mayor Mike Gin, Councilman Steve Aspel, Jack Findley and builder Gary Lane. Photo by Mark McDermott
MoreThe two-on-a-lot, reimagined Part I
These new condominiums on 6th Street in Hermosa, designed by architect Patrick Killen and built by Corel Development, uses modern design to give an unusually imaginative twist on a two-on-a-lot project.
The two-on-a-lot, reimagined, rises above the car wash at PCH and Sixth Street in Hermosa Beach.
MoreThe two-on-a-lot, reimagined Part II
“Architecture is really something that is always kind of the art of the day: what technology provides and what you can build,” Killen said. “So when people are attempting to redesign these buildings that were constructed 500 years ago, and built over time…I mean, you go to Florence, and you look at the villas. You [...]
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California Associtaion of Realtors economist Leslie Appleton-Young with Shorewood co-owners Larry Wolf and Arnold Goldstein and Shorewood general manager Mike Collins.
MoreBeach builders
A patio offers a fireplace and peak of the ocean. Photo courtesy of Michael Lee Architects
The corner of Marine and Manhattan Ave. was formerly occupied by Mac’s Liquor. Photo courtesy of Michael Lee Architects
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Hermosa Beach firefighter Scott Durkin examines utility pole at 17thh St. and Beach Drive in Hermosa Beach. The pole was toppled by 40 mile gusts that swept through the South Bay last Wednesday.
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