Realtor.com just recently came out with the results of a survey to find out what the typical home buyer wants. The results aren’t exactly surprising but the survey broke it down into three groups…..all buyers, buyers 55+, and millenials.
By Keith Kyle
In the past two months I’ve had three contingent offers accepted. Not only were the offers accepted but my clients homes were not even on 
the market yet. I spent much of 2017 submitting contingent offers for these clients only to be rejected time and time again. Often times we were competing against 15-20 other offers and some were all cash….we didn’t have a chance.
So is that changing?
It may just be timing, luck or the right situation, but sellers seem to be considering contingent offers in the current Redondo Beach real estate market. It’s key to submit a VERY strong offer in regards to price and terms, but sellers may be realizing that the buyer’s homes will likely sell fairly quickly.
For those that don’t know what a contingent offer is…..there are many situations in which a home buyer needs to sell their home to have enough money for the down payment and to qualify for the loan. When you submit an offer that requires the buyer to sell their home to make it work…that’s a contingent offer. It adds a whole additional level of uncertainty to the sellers of the home being purchased. No longer is their just a home inspection, appraisal and loan on their house……but likely a home inspection, appraisal, and loan on the buyers sale as well. The uncertainty is the reason most sellers won’t consider it unless it’s the only option.
In a sellers market with multiple offers and high demand, getting a contingent offer accepted is a long shot at best, but maybe the recent wave of acceptances is a sign that things are changing slightly.
**Update***This home sold in 2018. Please visit our Golden Hills Redondo Beach real estate and MLS listings page for the current homes for sale.
This is not your typical Golden Hills home. Offering a unique and open layout with
soaring ceilings, 3rd floor mezzanine/office overlooking the living room & private roof deck with panoramic city and mountain views, this beautiful home has features rarely seen in Redondo. Located in the highly sought after Jefferson elementary district and just steps from Hermosa Beach, 1108 Harper offers an open layout with all of the bells and whistles of newer construction.
Extra high living room windows with western exposure bathes the large living room in natural light. The main level features solid hickory, distressed hardwood floors, gas fireplace, recessed lights, & gourmet kitchen with granite counters, stainless appliances, 6 burner stove, & ample cabinet and counter space. The open floorplan and high ceilings adds to the sense of space and light. The spacious master suite offers a corner fireplace, private balcony, large windows, walk in closets and the luxurious bath features a spa tub, separate shower, dual sinks & more. First floor offers 2 large bedrooms and direct access to the private and tranquil backyard patio. What make the home truly unique is the very large 3rd floor mezzanine perfect for a playroom, office, den & more. Off of the mezzanine sits a private roof deck perfect for evening sunsets with panoramic city views. At almost 2200 feet this home offers far more space than your traditional Golden Hills home and is awaiting it’s new owner to make it their own. Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or a private tour.
Take a look to see how interest rates impact the housing market and how it affects a home buyer’s bottom line.
4171 w 172nd Street, Torrance CA 90504 – Priced at $735,000
**Update**This home has sold. Visit our Torrance real estate and homes for sale to see the current homes, townhomes and condos for sale in Torrance.
Welcome home! This home is as charming on the inside as it is on the outside.
From the wonderful curb appeal and the great location, to the upgrades and enhancements, it has it all. Drive up the tree lined street and pull up to a beautifully landscaped front yard and shaded front porch in a friendly neighborhood atmosphere. From the moment you enter you’ll notice the open and bright interior with a flexible floorplan to fit every lifestyle. For more information call/text us at 310.251.2344 or email at keith@keithkylehomes.com. We would be happy to set up a tour of the home.
The property located in a great neighborhood of Torrance with easy access to shopping, dining, freeways, the beach and a short distance to the South Bay Galleria.
This home boasts many impressive features, including a large open living and dining room with recessed lighting, hardwood floors, and sliders to the backyard and patio. The remodeled and spacious kitchen offers new granite counters, stainless steel appliances, ample cabinet space, roomy pantry, in kitchen breakfast area and opens to the living/dining areas. Two bright and beauitiful bedrooms sit off the front side of the home and share a beautifully remodeled full bathroom. The master bedroom addition is a spacious retreat with sliding doors to the backyard and private patio. The master suite offers walk-in closets, recessed lighting, a large master bath with tiled flooring, a beautiful shower and dual sinks. Enjoy the great year round weather in the landscaped grass back yard filled with flowers, fruit trees, and is ready for entertaining in the spacious patio area.
What could be better than living oceanfront in Redondo Beach CA? We really can’t think of a better place to sit and watch the sunset, enjoy the warm summer days, or just relax and have a glass of wine. Here are the current oceanfront homes for sale in South Redondo Beach.
