Redondo Beach Real Estate Information and MLS Listings Search
Foreclosures, Short Sales and REOs
While the distressed home market hasn’t had quite the impact it has on other areas, searching for and finding a short sale or bank owned home can be a great way of purchasing a below market property. These opportunities do have challenges however and it’s important to use a realtor who specializes in these types of sales. Short sales and foreclosures were prevalent around 2008-2010, they’re almost non-existant in the current market. As prices inflate quickly we may soon see these opportunities on the market once again.