2016 Home Buyers and Sellers Report

The 2016  buyers and sellers stats.


2016 Profile of Home Buyers and Sellers 

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Torrance Float Wins Rose Tournament Volunteers Trophy

The 128th annual Rose Parade displayed a wide diversity of creative floats.


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Torrance Board of Education Opening on Independent Citizens’ Oversight Committee

Board of Education Opens Application Process for Vacated Position on the Independent Citizens’ Oversight Committee

At the January 17, 2017 Board of Education meeting, the Board will be appointing one new member for the Independent Citizens’ Oversight Committee (ICOC). The Board is currently looking for individuals who meet the qualification for the following position:
· Member of a Homeowners’ Association of a Housing Development Located within Torrance Unified School District

As part of the Bond Measures (per Proposition 39), the Board established the creation of the ICOC to ensure bond dollars were spent only on projects specified in the bond projects lists, and not for general operating expenses or teacher salaries. Members of the committee receive and review copies of the annual financial and performance audits with respect to the bond projects as required by state law. Members of the ICOC meet quarterly and can serve up to three, two-year terms (without compensation).

The application deadline is Friday, January 6, 2017 at 5:00 pm. Applications can be dropped off at 2335 Plaza del Amo, Torrance, CA  90509, the Office of the Deputy Superintendent, or can be mailed to the same address.

The ICOC bylaws and application are attached and can also be found at the link below:

About Bond Measures Y and Z / T and U:

In November 2008, Torrance voters approved Bond Measures Y and Z. These Bond Measures funded capital improvement projects throughout the District to renovate and modernize all TUSD schools. Measures Y and Z also included the brand new, J.H. Hull Middle School, as well as the reunited Fern Elementary campus, with brand new fourth and fifth grade buildings.

In November 2014, Torrance voters approved Bond Measures T and U. These measures are funding school safety and technology projects, as well as physical education and recreation projects throughout the District. Measures T and U projects also include a brand new Aquatics Center, middle school gyms, and high school auditoriums.

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Track Santa Thru Torrance



DAY          DATE  TIME MAP #            AREA
MONDAY 28 NOV 16 4 pm 1 Carson to Maricopa / Madrona to Crenshaw
TUESDAY 29 NOV 16 5 pm 2 Carson to Sepulveda / Crenshaw to Western (Chatelaine)
WEDNESDAY 30 NOV 16 5 pm 3 Del Amo to Carson / Crenshaw to Western
THURSDAY 01 DEC 16 5 pm 4 Sepulveda to 239 St / Crenshaw to Arlington
FRIDAY 02 DEC 16 5 pm 5 Sepulveda to 242 St./ Arlington to Western
SATURDAY 03 DEC 16 5 pm 6 Sepulveda to Lomita / Hawthorne to Crenshaw (Springwood)
SUNDAY 04 DEC 16 5 pm 7 PCH to south city limits / Crenshaw Blvd to east city limits / Windmill to south city limits / Rolling Hills Rd to Singingwood
MONDAY 05 DEC 16 4 pm 8 Sepulveda to PCH / West of Anza/Calle Mayor
TUESDAY 06 DEC 16 5 pm 9 PCH to Winlock / Rolling Hills Way to Hawthorne and west of DePortola Park
WEDNESDAY 07 DEC 16 5 pm 10 Calle Mayor to south city limits / Southwest to Anza/Calle
THURSDAY 08 DEC 16 5 pm 11 PCH to city limits / West of Calle Mayor
FRIDAY 09 DEC 16 5 pm 12 Torrance to PCH / Hawthorne to Anza/Calle Mayor
SATURDAY 10 DEC 16 5 pm 13 PCH to south city limits / Hawthorne to Via Colusa and Calle DeRicardo
SUNDAY 11 DEC 16 5 pm 14 Torrance to Sepulveda / West of Anza
MONDAY 12 DEC 16 5 pm 15 Torrance to 190 St / Anza to Madrona
TUESDAY 13 DEC 16 5 pm 16 Del Amo to Torrance / West of Anza (Pacific Colony)
WEDNESDAY 14 DEC 16 5 pm 17 190 St to Del Amo Blvd / West of Anza Ave
THURSDAY 15 DEC 16 5 pm 18 Artesia to 190 St./ West of Prairie Ave.
FRIDAY 16 DEC 16 5 pm 19 Artesia Blvd to 405 Fwy / Prairie to Crenshaw
SATURDAY 17 DEC 16 5 pm 20 Redondo Beach Blvd. to Artesia / West of Crenshaw to Hawthorne Blvd
SUNDAY 18 DEC 16 5 pm 21 Redondo Beach Blvd. to Artesia / Crenshaw to Western
MONDAY 19 DEC 16 4 pm 22 Artesia to 405 Fwy / 405 Fwy. to Western Ave

Click here to view the 2016 Santa Float Schedule and Maps

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Coyote Awareness and Safety

Over the past several months, coyote sightings have increased significantly, in Torrance and in the surrounding region. It is important to take precautions and avoid contact with coyotes and other wild life. In an effort to help increase awareness within the community, especially for students who are visiting parks or other open spaces within the City, TPD is visiting schools over the next few months to help educate students on coyote safety and safety in general.

Please review the attached information pieces to learn how to, and NOT to, deal with a coyote you may see or encounter. Also, attached is a kid friendly coloring book, which parents can use to discuss coyote safety with their student(s).


Social media is a great way to stay up to date with late breaking news. Twitter, Facebook and NextDoor are great ways to get hyperlocal information.

If you see a coyote behaving aggressively or attacking someone, please call 911 right away. To report a coyote sighting please contact the Torrance Police Department immediately at 310-618-5641.

Coyote Brochure_updatedoct16.pdf


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Torrance Transit’s Free Holiday Weekend Bus Service to Del Amo

Torrance Transit’s annual free weekend bus service traveling between Del Amo Fashion Center and the South Bay Galleria begins Saturday and continues through Dec. 24.

The Shoppers’ Special Bus runs from approximately 11 a.m. to 8 p.m. Saturdays and Sundays. Look for the bus with holiday decorations. Transfers will not be sold on the Shoppers’ Special Bus.

The bus will stop at Carson Street and Del Amo Circle Boulevard; Hawthorne Boulevard and Carson Street (northbound only); Hawthorne and Torrance boulevards; Hawthorne and Del Amo boulevards; Hawthorne Boulevard and Talisman Street; Hawthorne Boulevard and 182nd Street (southbound only); the South Bay Galleria Transit Center, Artesia Boulevard and Kingsdale Avenue; and Hawthorne and Artesia boulevards (southbound only).

For additional information, contact Torrance Transit at 310-618-6266

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California Year-to-Date September Median Prices Up 6.6 Percent Year-over-Year

California single-family home and condominium sales were 35,842 in September 2016, a decline of 10.4 percent from August and a decline of 6.7 percent from 38,397 in September 2015. Year-to-date sales (January through September 2016) totaled 318,757 properties, down 3.7 percent from the same period in 2015.

“The normal seasonal sales decline began in September so taking a longer term view gives a complete picture of the market,” said Madeline Schnapp Director of Economic Research for PropertyRadar. “Sales from January through September fell 3.7 percent compared to the same period in 2015, the lowest since 2011. Despite lower sales, prices continue to climb higher albeit at a slower pace than prior years.”

The median price of a California home was nearly unchanged at $434,500 from $435,000 in August but gained 6.6 percent from $407,500 a year ago. The median price of a condominium was $419,000, nearly unchanged from $420,000 in August 2016 but up 6.1 percent from $395,000 in September 2015.

Within the 26 largest counties in California, on a year-ago basis, prices were higher in all but three counties. The counties with the largest annual gains were Monterey (+18.1 percent), Marin (+14.1 percent), Sonoma (+10.5 percent), San Bernardino (+9.4 percent), Santa Barbara (+9.1 percent).

“The counties surrounding the San Francisco Bay, an hour away from San Francisco and Santa Clara, are showing some of the largest price movements,” said Schnapp. “Conversations with real estate agents in those surrounding areas indicate an increasing number of Bay Area workers, willing to brave long commutes, are seeking housing in these lower priced counties.”

The number of homeowners in a negative equity position fell to approximately 450,000 in September 2016, a decline of nearly 115,000, or 20%, since September 2015.

“The silver lining in rising prices is it allows underwater homeowners to escape their negative equity prisons,” said Schnapp. “These newly freed homeowners can now refinance, taking advantage of near record low interest rates, or sell their home or buy another and become active participants in the housing market.”


  • Cash Sales in September 2016 fell 11.4 percent from August and were down 7.3 percent from September 2015. Year-to-Date cash sales were down 7.4 percent compared to the same period last year. The decline in cash sales is mirroring the softness in the overall sales trends.
  • Flip Sales in September 2016 was nearly unchanged for the month and down 9.7 percent over the past 12 months. In general, flip sales are lower this year than last due to the rapid disappearance of distressed properties and limited opportunity for a positive return on investment.
  • Trustee Sale Purchases by LLC and LPs fell 22.4 percent for the month and were down 12.3 percent from a year ago. The outsized declines suggest that trustee sale data is incomplete for the month. Discounting the September data, trustee sale purchases have been trending mostly sideways since November 2013.
  • Institutional Investor Purchases by LLC and LPs fell 8.1 percent from August 2016 but were up 5.0 percent from September 2015. Despite the year-over-year gain, investor purchases have trended mostly sideways since 2014.
  • Institutional Investor Sales by LLC and LPs were nearly unchanged for the month but were down 19.2 percent from September 2015. Sales have been gradually trending lower since 2012. The gradual decline suggests the opportunity in holding properties outweighs the advantages of selling.
  • Foreclosure Notices. Notices of Default (NODs) were down 15.4 percent from August 2016 and down 15.0 percent in the past 12 months. Notices of Trustee Sale (NTS) were down 11.4 percent for the month and down 11.1 from September 2015. Both NODs and NTS’ were likely impacted by September data delays.
  • Foreclosure Sales  were down 10.1 percent for the month and down 19.2 percent from September 2015. Foreclosure sales were also likely impacted by September data delays.
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Torrance High School Centennial Celebration

On September 11, 1917, Torrance High School opened its doors. Over the decades, countless Tartars have walked the iconic halls of Torrance High.

We are excited to announce that plans for our special Centennial Celebration are underway. We invite you to add your name to our e-mail list so you may be informed of events and activities leading up to our one-of-a-kind Tartar Family Reunion in September of 2017.

Please sign up at http://torrancehighcentennial.com/list/ and share this information with your Tartar family members and classmates. (All information collected will be used exclusively for the THS Centennial Celebration and will not be shared nor sold to anyone).

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Who wants to Ice Skate on a Battleship?

The Los Angeles Kings announced Holiday Ice Outdoor Rinks to be located in five Southern California leisure spots including the press conference site, the Battleship Iowa in San Pedro. L.A. Kings president of business operations, Luc Robitaille, right, along with L.A. City Councilman Joe Buscaino, announced skating venues.

The locations are as follows:

  • Woodland Hills: Westfield Promenade mall, 6100 Topanga Canyon Blvd. Nov. 12 through Feb. 20
  • Long Beach: The Pike Outlets, 95 S. Pine Ave. Nov. 18 through Jan. 8
  • San Pedro: Battleship Iowa, 250 S. Harbor Blvd. Nov. 19 through Jan. 8
  • Redondo Beach: King Harbor, just north of the pier, 239 N. Harbor Drive. Nov. 19 (grand opening Nov. 18) through Jan. 8
  • Los Angeles: L.A. LIVE, 800 W. Olympic Blvd. Nov. 26 through Jan. 8

Here in the South Bay the Ice has been at King Harbor for many years. However, I believe this is a first for the Iowa.

How would you build an ice rink on a battleship you may ask?

These two how to videos may offer an explanation. And might tempt you to try this in your own yard.

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South Bay Rising

Have you received your 2016-2017 Property Tax Bill yet? The LA County tax assessor says that property value has increased 5.6% since last year. Some neighborhoods have now surpassed 2008 levels. Do you know what YOUR market value is? Call me and I will help you find out!

The five cities experiencing the largest growth in assessments were Hawthorne at 10.5 percent, West Hollywood at 9.6 percent, Hawaiian Gardens at 9.5 percent, Bell at 9.1 percent and Culver City at 9 percent.

Some areas such as the South Bayare exceeding their pre-recession values. All other area cities experienced growth for the year, although Carson, with $14 billion of property assessments, increased less than one percent.

Other cities’ totals included: Gardena, $5.7 billion in assessments, a 4.3 percent increase;  Inglewood, $8 billion in assessments,


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