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About Home Inspections

October 16, 2019 by ktkyle

The home inspection part of the home buying process is often challenging.  Sellers have lived in the house for years and think that everything is just fine.  We often hear sellers say “it’s been just fine for us so why isn’t it fine for the buyer?”.

Buyers have a drastically different take on the same report.  Often times they’ll take the inspection report as a checklist for all that’s wrong with the house.  There’s almost no such thing as a completely clear report.  Even in instances with a very good report, buyer’s will often try and use that as a negotiating tool to lower the price, get a credit, or even do upgrades.  That’s definitely not the intention.  The inspection is done so that you are an educated buyer as to what’s working and what may need repairing.  They also call out items not up to current code (but still very functional….codes just change all of the time).  I always recommend to my buyers to focus on safety issues and what actually needs to be repaired to working condition.

Filed Under: Escrow Process, First Time Buyers, Home Inspection

Pacific Landing – New Single Family Home Community in El Segundo CA

November 19, 2018 by ktkyle

In an area where there is simply no space for “new” communities, it’s very rare indeed to see a new neighborhood pop up. El Segundo is seeing just that with Pacific Landing from Emerald Homes and D.R. Horton. Pacific landing consists of 24 single family homes ranging from the high $1.6Ms to the high $1.8Ms. The homes will all be slightly under 3,000 square feet with all being 4 bedroom and either 3 1/2 or 4 1/2 baths.

Request more information on the homes in Pacific Landing

Located near 919 Camber Lane, the community of Pacific Landing is located in charming El Segundo.  El Segundo offers a great community feel with it’s Main Street area of shops and restaurants, multiple parks, Dockweiler State Beach and award winning schools.  As it’s the furthest north town in the South Bay, it’s also ideal for commuters and cut as much as 45 minutes off a drive each way.

See the new construction homes for sale at Pacific Landing and Waypointe Townhomes

Pacific Landing in El Segundo

Filed Under: Communities, El Segundo homes for sale, El Segundo Real Estate, First Time Buyers Tagged With: new construction homes, new homes for sale, pacific landing el segundo

El Segundo Home Inspections

November 20, 2017 by ktkyle

Buying a home is one of the most important purchases you will make in your lifetime, so you should be sure that the home you want to buy is in good condition. A home inspection is an evaluation of a home’s condition by a trained expert. During a home inspection, a qualified inspector takes an in-depth and impartial look at the property you plan to buy. The inspector will:

  • Evaluate the physical condition: the structure, construction and mechanical systems.
  • Identify items that should be repaired or replaced.
  • Estimate the remaining useful life of the major systems (such as electrical, plumbing, heating, air conditioning), equipment, structure and finishes.

After the inspection is complete, you will receive a written report of the findings from the home inspector, usually within 1-2 days.

The Bottom Line: Spending Hundreds May Save Thousands  See Also Why You Need A Home Inspection.

When you make a written offer on a home, you should insist that the contract state that the offer is contingent on a home inspection conducted by a qualified inspector. You will have to pay for the inspection yourself, but it could keep you from buying a house that will cost you far more in repairs down the road. If you are satisfied with the results of the inspection, then your offer can proceed.

Finding a Qualified Home Inspector

As the homebuyer, it is your responsibility to carefully select a qualified inspector and pay for the inspection.

The following sources may help you find a qualified home inspector:

  • State regulatory authorities. Some states require licensing of home inspectors.
  • Professional organizations. Professional organizations may require home inspectors to pass tests and meet minimum qualifications before becoming a member.
  • Phone book yellow pages. Look under “Building Inspection Service” or “Home Inspection Service.”
  • The Internet. Search for “Building Inspection Service” or “Home Inspection Service.”
  • Your real estate agent. Most real estate professionals have a list of home inspectors they recommend.

Home Inspections Are Not Appraisals

A property appraisal is a document that provides an estimate of a property’s market value. Lenders require appraisals on properties prior to loan approval to ensure that the mortgage loan amount is not more than the value of the property. Appraisals are for lenders; home inspections are for buyers.

Filed Under: Escrow Process, First Time Buyers

Why Days on Market Can Be Misleading on El Segundo Homes

January 20, 2017 by ktkyle

By Keith Kyle

I’m sure most MLS systems are different but here in the South Bay the days on market on the CRMLS can be a bit misleading.  Many buyer and agents use days on market as a negotiating tool….the longer the home has been on the market, the more leverage the buyer has to come in low or negotiate other favorable terms.

The problem is that days on market doesn’t always indicate just how long the home has been available and is not necessarily indicative of “active” status.  As realtors when our clients accept an offer we have the option of changing the status to “pending” or “active under contract”.  Pending stops the days on market from accruing, but active under contract does not.  A home can go into escrow on day one, change the status to active under contract (again meaning it’s in escrow) and if it falls out of escrow 20 days later the days on market for the home will show 20.  It’s very misleading as the home has not been available for those 20 days and now puts the seller and listing agent at a disadvantage…..even though it sold the first day.

The other aspect that leads to misinformation is that with this days on market accruing on many home, it does not allow for an accurate picture of the market.  For instance a certain area of town or city itself may show an average days on market for a certain month to be one thing….when many of those homes were not actually available.  It may show days on market at 45 when the reality is that the homes in the community actually go into escrow after 30.

It’s a problem that needs to be addressed as it can change perceptions….both on an individual home and the market in general.

Filed Under: Communities, First Time Buyers, Housing Inventory, Market Statistics

Home Inventory on the rise in Hollyglen

April 3, 2014 by Keith Kyle

By Keith KyleEl Segundo homes for sale

It’s been a while since we’ve seen more than just one or two single family homes for sale in the neighborhood of Hollyglen which may start to ease some of the pent up demand in this somewhat secret neighborhood. Although it has a Hawthorne mailing address, this great neighborhood is an unincorporated area and enjoys it’s own award winning school system known as the Wiseburn District. Hollyglen sits just north of Rosecrans and just west of the 405 freeway and has remained somewhat of an unknown jewel in South Bay real estate. I has the feel of Torrance neighborhoods of West Torrance and Southwood, with tree lined streets, schools within walking distance, and offer a very safe and social neighborhood feel. As of April 2, 2014 there are 7 single family homes for sale in Hollyglen, with 3 new construction in the 360 South Bay community, 2 additional homes in Del Aire (but west of the 405 so in somewhat similar neighborhood) priced from $544,000 (Del Aire) to $890,000 for a 4 bedroom new construction in 360. Prices for a 3/2 single family built in the 1950s, which most are, generally range lately between $640,000 and $690,000

Click here to view the current single family homes for sale in Hollyglen CA

Filed Under: 360 South Bay, El Segundo Real Estate, First Time Buyers, Hollyglen and Del Aire, Homes for sale, Housing Inventory, New Listings, Real Estate Trends, Search for Homes Tagged With: del aire, for sale, hawthorne, hollyglen, homes for sale, real estate, single family homes, west of the 405, wiseburn, wiseburn school

Charming Home Hits the Market at 841 Loma Vista

March 26, 2014 by Keith Kyle

One of the nice aspects of El Segundo is that, unlike some of its neighbor cities to the south, it still retains a small town feel.  One of the reasons forEl Segundo Home this is that instead of every “beach bungalow” being torn down and replace with mini mansions that overwhelm the smaller lots, many homes are updated and upgraded and have their original charm.  841 Loma Vista is one of these.

Click here to view the details and photos of 841 Loma Vista in El Segundo CA

 

Filed Under: El Segundo Real Estate, First Time Buyers, Homes for sale, New Listings, Search for Homes Tagged With: 841 loma vista, 90245, el segundo, homes for sale, homes in el segundo, single family home

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El Segundo Real Estate Blog

Congratulations to Our Clients on the Sale of Their El Segundo Home

Congratulation to our wonderful clients in El Segundo on the sale of their beautiful home. We’re happy to announce our latest home sale and so happy that our clients put their trust in us. There are not all that many $2M+ home sales in El Segundo but this was one that was well worth it. […]

About Home Inspections

The home inspection part of the home buying process is often challenging.  Sellers have lived in the house for years and think that everything is just fine.  We often hear sellers say “it’s been just fine for us so why isn’t it fine for the buyer?”. Buyers have a drastically different take on the same […]

September 2019 El Segundo Home Sales

El Segundo saw a slow down in home sales for the month of September with only 6 closed sales.  All but one exceeded the $1,000,000 mark with the highest sale of the month being a 4 bedroom home at 1209 E Maple and the lowest of the month being $525,000 for a 2 bedroom condo […]

Just Sold – 1510 E Oak in El Segundo

We’re happy to announce our latest home sale and so happy that our clients put their trust in us. There are not all that many $2M+ home sales in El Segundo but this was one that was well worth it. The owners did a fantastic job of keeping it in near perfect condition and selling […]

Plan Your Weekend – This Weeks Open Houses in El Segundo

If you’re looking for a home in El Segundo we would love to help.  Let us know what you’re looking for and we’ll be happy to create a FREE customized home search and send you email updates the moment the right home hits the market.  If you are more of a do it yourselfer, please […]

Oceanfront Masterpiece in Manhattan Beach – Coming Soon

We are proud to present one of the most beautiful beach front homes ever built in Manhattan Beach. Welcome to ocean front luxury redefined.  Introducing 3808 The Strand in Manhattan Beach for the discriminating home buyer.  Every detail of this beachfront masterpiece was meticulously planned and no expense was spared in making this one of […]

Waypointe El Segundo Real Estate Update

The Waypointe townhomes are the rare new construction townhomes in El Segundo.  As there’s just about no undeveloped land, new complexes and communities are very rare.  Waypointe offers some nice homes with varying layouts and buyers are often those interested in Three Sixty South Bay as well.  The homes in this community have been selling […]

New El Segundo Luxury Home – For Sale – 1510 E Oak

Welcome to luxury living in El Segundo.  1510 E Oak  has all of the high end finishes today’s discriminating buyer is looking for.  Built in 2011 and meticulously maintained by the original owners, this Tuscan inspired home offers the finest in luxury coastal living.  1510 E Oak sits on a large 6,582 foot lot in […]

Featured Listing in 360 South Bay – 2 Bedroom Luxury Townhome

We are proud to announce the listing of this beautiful townhome in Three Sixty South Bay.   5553 Coral Drive #105 is a plan 1 in the Townes with perhaps the best location of all of the Townes units.  Offering 1,630 *square feet and an extremely flexible layout that offers several multi use rooms to work […]

El Segundo Real Estate Stats Since 2016

Whether you are a home buyer or a seller, it helps to understand current values, how they compare with past values and where the real estate market seems to be heading.  You can take a look at our updated El Segundo real estate market statistics for current information.  For a recent history of the market […]

What a Month – El Segundo Home Sales Almost Double in May 2019

In a city that normally sees about 10-12 homes sell in a month, May was really something.  El Segundo saw 25 homes sell and close escrow during the month!!  The median list price was $1,150,000 with the median sales price of $1,149,000 indicating a very strong sellers market.  The lowest price sale of the month […]

Brisk Home Sales in the New Pacific Landing Community

The market for new construction is certainly pretty solid with 7 recent sales in the community of Pacific Landing with 2 more single family homes in escrow. Pacific Landing is a community of new single family style homes but D.R. Horton. Located just east of the airport off of Imperial, the homes offer a number […]

Strong Schools are Very Important to El Segundo Home Buyers

It’s no real secret that good schools help drive real estate values in certain neighborhoods and communities.  That is certainly the case in El Segundo. Buyers with kids want to be in areas with good schools and that higher demand helps keep values up.  El Segundo schools are highly ranked and this award winning school […]

1st Quarter Updates – 2019 El Segundo Real Estate Market

We’ve seen a very solid real estate market in El Segundo thus far in 2019. Well priced homes are still selling but there has been a bit of a slow down in the market since the beginning of the year.   We anticipate that the market will heat up a bit as we head towards summer […]

Condo Spotlight – Pacific Sands at 770 W Imperial Ave in El Segundo

Welcome to Pacific Sands in El Segundo Located at 770 W Imperial Ave, Pacific Sands is El Segundo’s most reasonably priced housing. The building is located in the northwest corner of El Segundo and offers just a short drive, walk or bike to the beach. Built in 1966, most condos have been extensively remodeled while […]

It’s Time For Dodger Baseball!

As lifelong fans of the LA Dodgers we are so excited for opening day. Go Dodgers!!

Real Estate Info For El Segundo CA

Whether you are looking to buy a home or are consider selling…you’ve come to the right place. We’ve put together and extensive number of resources to keep you updated and to educate. Click any link below for more information on real estate in El Segundo. Search Homes for Sale New Listing Email Alerts Sellers Explore […]

The Gated Communities of Three Sixty and Fusion South Bay

While 360 South Bay and  Fusion South Bay are not  located in El Segundo, they are so close that the feel like they’re in El Segundo.  Their location just east of town makes them a fantastic alternative for buyers looking to live in the area and prices are generally a bit lower. Three Sixty At […]

Waypointe El Segundo – New Construction Townhomes

While there has been a building boom for single family homes and smaller individual townhome buildings, new “communities” are certainly rare in the South Bay.  There’s very little unused land and it is a challenge for builders to find areas large enough for new communities. Waypointe and Pacific Landing in El Segundo are definitely exceptions […]

Remodels and Flips Dominating the 2019 El Segundo Real Estate Market

Of the 9 homes that have sold in El Segundo so far in 2019 (as of 2/12) 5 of the homes were major remodels or flips with one other being newer construction.  It seems that buyer’s appetites for turn key and show ready homes hasn’t slowed much.  Click here to view the current homes for […]

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