The South Bay Is A Great Place To Go Green

Green homes have come a long way in the last few decades, and building a green home is quickly shifting from an “alternative” way of building to the mainstream…and it’s only growing greener. According to research conducted by Dodge Data & Analytics, in partnership with the National Association of Home Builders (NAHB), in 2015 nearly one third of home builders (31%) report that they are currently doing green builds for more than 60% of their projects, and over half (51%) expect to be doing that level of green building work by the year 2020. In addition, over 80% of builders expect that by 2020 more than 16% of the homes they build will be green housing. Plus, in addition to new green homes there continues to be enormous growth in the amount of green home remodeling work that is being done too.

A good of friend of mine sent me the following email the other day:

She said, “I am realizing that I am spending less and less time in my car than what I used to.  Virtually everything I need is almost within walking distance of my home, which is close to the beach-front. Shopping is a breeze downtown or at The Village Shopping Center up on PCH and Marine Avenue. Upscale stores like Macy’s and other national retail outlets are available as are specialty shops and many one of a kind chic shops.

We have wonderful fully equipped parks, many with tennis courts, basketball courts and other recreational facilities. Even along the beach the park areas with grass, restrooms, etc. for the pleasure of whomever ever wants to use them. They are well manicured and very well kept and have lush green lawns and trees for that summertime needed shade. I can ride my bike to work and don’t need my car to go shopping; “I think I am going to get rid of the ole gas guzler, I am going green all the way ! “

It is becoming more and more easier to go green with our cars and homes.

Here are some ideas:

  • A hybrid or electric vehicle, or even no vehicle. I have many friends that get around by Uber or Lyft only.
  • A water friendly lawn, or synthetic lawn.
  • Low Flow through the house.
  • Water sparing trees.
  • Go solar.
  • Know your city recycle bins and schedule.

Some ideas in the form of guilt from house beautiful.

 

 

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Why Buy Now?

Financial Reasons to Buy a Home Today

There are a number of personal and emotional reasons to buy a home. But there are also some strong financial reasons to make the investment. Here are just a few of those reasons:

Increase Net Worth: Few things have a greater impact on net worth than owning a home. In a comparison of renters versus homeowners, the Federal Reserve Board of Consumer Finance found that the average net worth of renters was just $4,000 compared to homeowners at $184,400. The value of South Bay real estate has average p over history. In most cases way up.

A Big Tax Deduction: One of the largest tax deductions available is the amount of interest paid on a mortgage.  This amounts to a significant savings – effectively reducing the amount of a homeowner’s monthly mortgage payment.

The reality is, despite market ups and downs between 1950 and 2002, US home prices appreciated at an annual growth rate of 4.8%. Even if you calculate a modest appreciation of 3%, a home purchased today for $150,000 will grow in value to $364,000 over 30 years.

US homes are now more valuable than ever The median value of all homes in the United States in June was more than $200,000, according to Zillow. The reason behind the rise in those values is simple: short supply. The inventory of homes for sale was down more than 11 percent in June from June 2016, according to Zillow. 

In fact, U.S. house prices rose 1.5 percent in the fourth quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.2 percent from the fourth quarter of 2015 to the fourth quarter of 2016. FHFA’s seasonally adjusted monthly index for December was up 0.4 percent from November.

“Although interest rates rose sharply during the fourth quarter, our data show no signs of a home price slowdown,” said FHFA Deputy Chief Economist Andrew Leventis. “Although it will certainly take more time for the full effects of the elevated interest rates to be felt, there is no evidence of a normalization in the unusually low inventories of homes available for sale, which has been the primary force behind the extraordinary price gains.” 

Historical Home Prices

In fact, US housing prices are rising twice as fast as wages.

As an example locally, according to Sperling Best Places, The median home value in Torrance  , California, is $753,500. Home appreciation is 7.06% over the last 10 years. The median age of Torrance, California, real estate is 50 years.

Trulia says:

Real Estate Data for Torrance

Torrance market trends indicate an increase of $51,500 (8%) in median home sales over the past year. The average price per square foot for this same period rose to $475, up from $452.

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Home Prices Jump in the South Bay

California housing market defies tight inventory as sales and median price propel higher

– Existing, single-family home sales totaled 427,630 in August on a seasonally adjusted annualized rate, up 1.5 percent from July and 1.3 percent from August 2016.
– August’s statewide median home price was $565,330, up 2.9 percent from July and 7.2 percent from August 2016.
– At the regional level, the San Francisco Bay Area, Inland Empire, and Los Angeles metro area all registered year-to-year sales increases of 6.5 percent, 8.2 percent, and 4.4 percent, respectively.
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/aug2017sales 

“While August’s strong housing market performance is encouraging, it’s really a tale of two markets. Despite sales growth across all segments of the market, lower-priced homes are particularly inventory constrained, which leads to weaker sales growth, faster rising prices, and fierce competition for the few homes that are listed,” said C.A.R. President Geoff McIntosh. “These homes are selling faster than historically and for top dollar, adversely impacting entry-level buyers who are already struggling to afford to buy their very first home.”

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Town Hall Meeting Torrance: Here Ye! Here Ye!

 

ABC7’s Eyewitness News, Programming and Public Affairs Departments will be at the Torrance-South Bay YMCA on Wednesday, September 20, 6:00-8:00pm to meet with community leaders and residents.

The goal is to hear from you about local issues and stories that affect your community. Information will be available on how to access the television station for news stories, promoting non-profit events and job opportunities.

Space is limited, so please RSVP with ABC7 at meeting@abc7.com or call 818.863.7238. Refreshments & Registration: 6:00-6:30pm, Meeting: 6:30-8:00pm. Torrance-South Bay YMCA, 2900 W Sepulveda Blvd., Torrance, 310.325.5885,

www.ymcaLA.org/tsb.

 

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Come Celebrate Torrance HS 100 Year Celebration

The paint is still drying in some spots around campus. Getting ready for the first day of school and the big celebration happening.

Torrance High celebrates 100 Years!

School starts Thursday.

Friday starts the party as the Tartars football team seek a victory over the visiting Culver City Lancers.  Players from all eras are invited back home.

The party continues on campus on Saturday at 10 am, with food trucks, Torrance Bakery and other local businesses hosting.

7pm and its concert time with Concert of the Century.
David Pack founder of Ambrosia and his Tartar pal Fred Beato will put on a show starting at 7pm.

More information can be found at the website:
http://www.torrancehighcentennial.com/ 

You will get the opportunity to see every little bit of campus, from the Home Economics building and the Colonnade down to the Annex if you go to all of the exhibits. Make sure you have your walking shoes on!


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South Bay’s Got Talent

Are you the next South Bay Superstar? Share your talents with all of the South Bay for the top prize. Audition request deadline is Monday, August 7, 2017, with auditions on August 21 and 22, 2017 (by appointment).

For questions or other inquiries regarding the South Bay’s Got Talent event, please email: contest@torrancearts.org.

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Public Hearing Proposed Apartment Complex on NE corner of Crenshaw and Lomita

This could be a huge traffic increaser along Crenshaw and Lomita Blvd.

Reminder – Public Hearing Tomorrow Mon, night Proposed Apt Complex on NE corner of Crenshaw and Lomita
Reminder –

What: Public Hearing RE: Proposed 220 Apartment Complex on NE Corner of Lomita and Crenshaw

When: Monday, August 14, 2017, at 6:30 PM

Where: Lomita City Hall, 24300 Narbonne Ave

Please try to attend or/and send an email or write to the Ctiy of Lomita RE: this proposed Project.

 

The City of Lomita Planning Commission is holding a public hearing tomorrow, Monday, August 14, 2017, at 6:30 PM at Lomita City Hall, 24300 Narbonne Ave RE: the proposed 220-unit apartment complex which will be on the NE corner of Lomita and Crenshaw. This would be kitty corner from Crossroads Shopping Center, (where Home Depot is located), behind the Shell Gas Station and also on the lot where A-1 Coast Rentals is now located.

Lomita City staff is recommending changing the project area from the current commercial and industrial zoning to high density residential.

Lomita Planning Commission Agenda:

#6. GENERAL PLAN AMENDMENT NO. 2017-01; ZONE TEXT AMENDMENT NO. 2017-01; ZONE CHANGE NO. 2017-01; SITE PLAN REVIEW NO. 1187; AND DEVELOPMENT AGREEMENT NO. 2017-01 –

A request for an amendment to the City of Lomita General Plan Land Use Map and Land Use Designations from Commercial and Industrial to High Density Residential; and an amendment to the City’s Zoning Map from C-G and M-C, to create a new Specific Plan referred to as the 24000 Crenshaw Blvd Specific Plan.

The Specific Plan is for the property located at 24000 Crenshaw Blvd., Lomita and more specifically as Assessor Parcel Numbers (APNs) 7374-011-032, 7374-011-034, 7374-011-037, 7374-011-039, 7374-011-041, and 7374-011-036.

In conjunction with the GPA, ZTA, ZC and DA, the project also includes a Site Plan Review to permit the construction of a new 220 unit, five-story, multi-family residential development with 409 parking spaces (including one level of subterranean parking).

The Project includes a Final Environmental Impact Report which will also be considered.
APPLICANT: The Picerne Group, 5000 Birch St. East Tower Ste: 600, Newport Beach, CA 92660 (the “Applicant”)
RECOMMENDATION: Adopt Resolutions Recommending City Council Approval and Certification of the Environmental Impact Report

PRESENTED BY: Principal Planner Alicia Velasco

More info:
URL to the City of Lomita Planning Commission Agenda for the public hearing http://www.lomita.com/cityhall/government/pzbs/pcMeetings/ar_2017-08-14.pdf

 http://www.dailybreeze.com/business/20170729/residents-alarmed-over-large-apartment-building-plan-for-lomitas-border-with-torrance

 

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“Hidden” Costs of Homeownership

After your tax write offs it is worth the deed. Add in pride of ownership and homeownership is a must have.

However, be aware of the costs that come with homeownership.

  • U.S. homeowners can expect to spend $9,080 per year in hidden costs related to owning and maintaining a home, according to a new analysis from Zillow and Thumbtack, or $757 per month on top of a monthly mortgage payment.
  • The typical U.S. homeowner pays $2,110 per year in property taxes, $2,953 in utility costs and $996 in insurance costs – all unavoidable expenses associated with homeownership.
  • “Optional” but popular homeownership costs including landscaping, cleaning and maintenance can add an additional $3,021 to the typical U.S. homeowner’s annual costs.
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Football in SoCal This Summer

One of the cool experiences in Southern California is watching our college and pro football players start their Summer Camp.

USC and UCLA are both starting up.

While The San Diego, I mean Los Angeles Chargers are in practice in Costa Mesa.At
Jack Hammett Sports Complex
2760 Fairview Rd, Costa Mesa, California 92626
More Information here
http://www.chargers.com/schedule/training-camp-schedule

The Rams are in Irvine for their dog days of Summer Sessions.
http://www.therams.com/ramscamp.html


And the Cowboys are in Oxnard again.
http://www.dallascowboys.com/trainingcamp

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A Beach in Torrance?


Are you familiar with “Rat Beach”?  Not too many people, including some Torrance residents are aware of Torrance Beach, but it’s true. Torrance beach runs from the southern tip of Redondo Beach, south to Malaga Cove.

Right After Torrance (RAT) Beach is located along southern Santa Monica Bay in Torrance, California, situated on the city’s border with neighboring Palos Verdes Estates in Los Angeles County.  The beach is a popular local surf, windsurfing, diving and spear fishing spot. The world famous giant kelp forests just off the coast offer great diving as well as spear fishing. The uncrowded beach attracts windsurfers and surfers, although the beach’s waves are not normally very big. https://en.wikipedia.org/wiki/RAT_Beach 

This is a beautiful section of beach, with wonderful single family homes, Torrance condos and apartments overlooking the beach and the Pacific. (“Rat Beach” meaning: Right after Torrance, or Redondo and Torrance Beach).  Its peaceful, quiet and has plenty of parking.

RAT Beach, located on the southernmost section of Torrance Beach, is a quiet stretch of sand that’s popular with surfers and divers alike. It’s usually not very crowded, and it can be quite beautiful with the towering Palos Verdes cliffs on one side and the urban sprawl of Torrance and Redondo on the other. 

All in all, it’s just a quaint spot that’s ideal for fishing, low-key beach getaways or a quick surf session. But given its idyllic nature, what’s with the unflattering name? Who put the “RAT” in RAT Beach?

Well it might come as a surprise, but that’s something that South Bay locals have been debating for years, and nobody can seem to agree on anything concrete. The short answer: No one knows for certain when the beach earned the name, but according to the Los Angeles County Department of Beaches and Harbors and lifeguard captain Mike Inscore, the most widely accepted answer is that RAT is an acronym for “right after Torrance. http://www.oursouthbay.com/r-a-t-beach/” 

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