First time home buyers information and advice. Choosing the right South Bay neighborhood for your home and things to research. Find current South Bay homes for sale, Realtors®, and current home values in Southern California's South Bay. Find real estate listings with our free home search and South Bay MLS access, open houses, real estate agents, and our South Bay Brokers listings. Our free real estate services feature all South Bay cities and neighborhoods including Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, El Segundo, Hollywood Riviera, Hawthorne, Hollyglen, and Palos Verdes.  
 
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Choosing the neighborhood for your home
Information for first time home buyers


Buying a home is an investment in the neighborhood as well as the house. In fact, the character and amenities of the neighborhood may be as important to the property value as the house itself. No matter what kind of neighborhood you're looking for, it's important to know its history and future when you decide to buy. Here's what to research:

  1. Recent sales - Find out if the market is slow and what homes have been selling for.
  2. Homes now for sale - What homes are listed in the area, and are they listed above past sales? This will give you a good idea of the area's overall market value.
  3. Home appreciation - Historical data on sales gives the best indicator of a neighborhood's potential. Are homes appreciating at 3%, 5%, 10% or higher every year?
  4. Schools - School scores and district boundaries are very important to research before moving into a neighborhood. The closest school is not always in your district, and school scores reveal if a neighborhood is invested in the schools' success.
  5. Crime - Get the hard facts about any problems in the neighborhood -- don't depend on anecdotal information.
  6. Demographics and growth - Find out how the area is growing and changing.
  7. Community - Learn about neighborhood features, such as public schools, shopping areas, parks, commuting options and more.

I can help you with this information. Please give me a call or email me any questions you have. You'll find that the more you know about the neighborhoods you're considering, the easier it will be to narrow your search for your new home.


See our other articles for first time homebuyers:

 
 
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