Torrance California Real Estate News & Listings Presented By Century 21 Union Realtyhttp://www.mitchgraves.comThu, 23 May 2013 05:29:14 GMT624 8th Place, Hermosa Beach 90254This is a fabulous four bedroom two bath Hermosa Beach home with lots of upgrades located just three doors from the greenbelt. With views of the city from the large private upstairs master bedroom balcony, this west of P.C.H. home boasts almost 1600 square foot of living space on a large extra wide 4,147 lot. Features include a gourmet kitchen with granite counter tops, travertine floors and a 6 burner Thermador stove, a large living room with a river rock gas fireplace, bamboo floors which extend into the dining room and sliding glass doors that open to an outdoor dining area with brick patio and a gas hook up for the BBQ. All four bedrooms feature hardwood floors and Elfa Closet Systems including the large master bedroom, the remodeled full bath features a dual head shower and the house has many newer windows throughout. The southern exposure rear yard features a great patio area for relaxing on a summers night, a vegetable garden and a storage shed. All this plus copper plumbing, newer sewage line, 2 year old asphalt shingled roof and a two car attached garage with direct access make this home a must see!!!]]>http://www.mitchgraves.com/property/624-8th-Place-Hermosa-Beach-Californiahttp://www.mitchgraves.com/property/624-8th-Place-Hermosa-Beach-CaliforniaSat, 18 May 2013 17:24:00 GMT535 Magnolia Avenue 213, Long Beach 90802Very clean two bedroom, two full bath condo in a nice building close to downtown Long Beach. Features include two master bedrooms, wood floors in the living room and dining room, clean kitchen, forced air heating, air conditioning and laundry in the unit - washer/dryer included!! There is also a nice balcony off one of the bedrooms that connects to the living room, a fireplace and two side by side parking spaces in the garage. The complex is currently finishing renovations on the entire building that when completed will feature foutains through out the complex, a roof top pool and spa and a work out room. This is a great unit ready for you to call it home!]]>http://www.mitchgraves.com/property/535-Magnolia-Avenue-213-Long-Beach-Californiahttp://www.mitchgraves.com/property/535-Magnolia-Avenue-213-Long-Beach-CaliforniaSun, 24 Mar 2013 19:08:00 GMT1205 Alton Street, Wilmington 90744This a wonderful two bedroom old Spanish charmer on a great street in west Wilmington. Features include a living room with fireplace, large dining room, nice size kitchen with breakfast nook for additional eating space or an office, a separate laundry area with lots of closet space, two good size bedrooms, both with walk-in closets, super clean bathroom and classic wood floors throughout. The living room, dining room and back bedroom have all been wired with surround sound speakers to the closet off the living room for an easy set up of all your audio needs! The house is also adorned with quality light fixtures throughout, new interior paint and newer exterior stucco. All this plus forced air heating, a new dishwasher, a nice size back yard, a one car detached garage and parking for three to four more cars in the driveway makes this is a great home ready for you to move in and enjoy!!!]]>http://www.mitchgraves.com/property/1205-Alton-Street-Wilmington-Californiahttp://www.mitchgraves.com/property/1205-Alton-Street-Wilmington-CaliforniaMon, 18 Feb 2013 18:31:00 GMTReal Estate tax implications of the Health Care for America Plan (Obama Care) Effective January 1st 2013, as part of the Health Care for America Plan, otherwise known as Obama Care, there will be an 3.8% tax on some types of investment income. I have posted a brochure from the National Association of Realtors to this blog that will explain through examples, some of the new changes. This will allow you to see how some of the funding for the Health Care for America Plan will be implemented. Feel free to contact me with any questions.    

Obama Care 3.8% Real Estate Scenarios & Examples

]]>http://www.mitchgraves.com/Blog/Real-Estate-tax-implications-of-the-Health-Care-for-America-Plan-Obama-Carehttp://www.mitchgraves.com/Blog/Real-Estate-tax-implications-of-the-Health-Care-for-America-Plan-Obama-CareMon, 28 Jan 2013 23:00:00 GMT4370 Lincoln Plaza Way, Cypress 90630Beautiful two bedroom end unit townhome located in a great part of the city of Cypress. Features include a large living room with high ceilings, a fireplace and lots of light, a clean kitchen and dining area, a great private back yard area for entertaining, barbecue or gardening, two large bedrooms, two upgraded baths and a good sized two car garage with direct access to the home! All this plus a two years new forced air heating unit, air conditioning, a common area pool, newer roof, exterior paint and fencing and the Cypress School District make this a great buy!!!]]>http://www.mitchgraves.com/property/4370-Lincoln-Plaza-Way-Cypress-Californiahttp://www.mitchgraves.com/property/4370-Lincoln-Plaza-Way-Cypress-CaliforniaSat, 22 Dec 2012 18:08:00 GMT8300 Manitoba Street 102, Playa del Rey 90293This is a wonderful first floor two bedroom, one bath condominium in a great area of Playa Del Rey. Features include an updated kitchen with granite counter tops and nice appliances, two good sized bedrooms, a walk through dual sink bath with access from the master bedroom and the hallway, wood floors in the dining room, living room and hallway, fireplace in the living room and a nice patio. The complex features a large swimming pool, hot tub, outdoor BBQ, workout room and dry sauna. All this plus two parking spaces, two storage cabinets, bike storage, inside laundry and no common side walls make this a must see property!!]]>http://www.mitchgraves.com/property/8300-Manitoba-Street-102-Playa-del-Rey-Californiahttp://www.mitchgraves.com/property/8300-Manitoba-Street-102-Playa-del-Rey-CaliforniaSat, 22 Dec 2012 18:08:00 GMTShould I Buy a Home Now?I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

]]>http://www.mitchgraves.com/Blog/Should-I-Buy-A-Home-Nowhttp://www.mitchgraves.com/Blog/Should-I-Buy-A-Home-NowFri, 07 Dec 2012 23:32:00 GMT