Now Is The Time To Buy, Per University Researchers

Now Is The Time To Buy, Per University Researchers

According to several researchers from several universities, “Now is the perfect time to buy that real estate property that you have been wanting to buy. The study which was completed in February 2012, concluded that now is the time for renters to buy that real estate property and become a homeowner if they ever plan to. The study was aimed at those renters who feel that owning a real estate property can appreciate and build them wealth. This is a part of a series discussing the rent vs. buy decision that faces some of us.

So if you are one of our South Bay residents still renting, perhaps I could show you some properties you will love and the ways it is possible for you to purchase that Torrance home of your dreams.

SOUTH BAY REAL ESTATE

SOUTH BAY REAL ESTATE

The South Bay area Los Angeles, has fifteen incorporated cities plus portions of the City of Los Angeles and unincorporated portions of the County of Los Angeles. The area is bounded by the Pacific Ocean on the south and west, and generally by the City of Los Angeles on the north and east. Its called the South Bay because it is located on the south end of the Santa Monica Bay.

Because of its location, with the Pacific Ocean at its backdoor, LAX and the Ports of Los Angeles and Long Beach, the South Bay area is prime real estate because of these transportation hubs.

The real estate throughout the South Bay area is highly desired and sought after. This is a beautiful part of Southern California and most of the real estate is made up of beachside communities like Hermosa Beach, Manhattan Beach, Redondo Beach, Torrance, Rancho Palos Verdes, and El Segundo. There are many other cities that are all located within a few miles of the Pacific Ocean and beaches.

The South Bay area is not only a beautiful place, but it is also a geat place to live, work and vacation, which accounts for the thousands of tourists that visit the South Bay each year.
You can find a diversity of homes in the South Bay including single family homes, estate homes, hillside and waterfront homes, condominiums and townhomes, cottages, duplexes and beautiful apartment buildings. Many of the homes in the South Bay that are going on the market for sale, often sell before they can be advertised in the newspapers. The South Bay homes real estate market has always been, and continues to be very hot. Demand remains very high for any South Bay homes for sale.

The South Bay home buying market is hot, but the South Bay selling market is just as active. Often, there is a shortage of homes on the market for buyers. South Bay prices are rising again with many homeowners unaware of just how much their homes are increasing in value.

Commercial properties in the South Bay continue to be hot also, whether it’s land, new, pre-owned or undeveloped, there is always a demand for good location business property.

With the diversity and great selection available in residential homes in the South Bay, you can find just about the perfect home for you and your family and at a price to fit your budget.

TORRANCE STREET FAIRE: DOWNTOWN TORRANCE

TORRANCE STREET FAIRE: DOWNTOWN TORRANCE

Downtown ” Old Torrance ” is still one of the South Bays best kept secret places for many who live here and for those out of towners too. In the early 1900s, what is known today as Old Town Torrance was the hub of all shopping and hub for travel for the entire South Bay area. In those days when you wanted to go somewhere fast, you would hop on a “Red Car”, and take it to downtown Torrance for your shopping needs, or go on into Los Angeles or other cities for just about anything you wanted.

The “Red Car” was part of the advanced rail system that centered in L.A. and had spurs that linked with just about every major city in Southern California. That was long before the freeway system that we have today. In fact, it was the freeway system that ended the long life of the Red Car Lines and all of the fast rail connection system that Los Angeles used for years and years, and, very successfully too. Today we seem to be returning to an almost identical rail system that we had in place way back in the early 1900s.

Residents of all the beach cities would come to Torrance on the Red Car to do most of their shopping and Torrance was then the center of all of the activity in the South Bay. Today, Torrance draws thousands to it’s now famous “Torrance Antique Street Faire” which is open on the 4th Sunday of each month, drawing almost 200 street vendors to the city to sell their goods. Vendors with antiques, collectibles, arts & crafts and/or quality used merchandise are welcome.

This Street Faire draws people from all over Southern California to Downtown Torrance each month, and has consistently been voted ‘The Best in the South Bay’ by the Daily Breeze newspaper’s annual reader’s poll. The Street Faire opens to the public from 8 AM to 3 PM, with an appraisal booth that opens at 9AM until 1PM. Rain or shine, the Street Faire will go on regardless of weather conditions.