Happy Father's Day and happy summer! The latest market trends, local events, and real estate insights for Torrance and the surrounding South Bay — straight from Frank.
* Data reflects Torrance & South Bay market conditions — June/July 2026
The Neighborhood Garage Sale is coming September 26th! A few months out is the perfect time to start organizing and decluttering. Many neighbors use it to raise money for school, sports, or a vacation — or simply to clear out the closets. It's a great community tradition, so start sorting now and let us know how we can help.
Whether you're buying, selling, or just curious what your home is worth — Frank is here with honest answers and zero pressure.
What's Happening in the South Bay Market Right Now
Expect inflation to pick up due to oil prices — and that affects everything. I've posted YouTube videos about real estate, and home prices and rents are still increasing year over year, just at a slower rate. It makes more sense to pay your own mortgage and not the landlord's! Inventory is still low relative to pre-COVID numbers, and real estate in California has historically held its value.
The historical average interest rate over time has been 6%, and it's currently still over 6% — so it's right in line, and experts believe it will stay there. Call me to discuss your real estate plans even if you're 3–6 months out, so together we can build the best plan for your circumstances. For sellers on the fence, I have some great options that will make your move easier!
For buyers: you will gain more equity by buying now versus waiting for whatever money you think you'll save with a lower rate. And if rates do drop below 6%, buyers will be buying fast — pushing prices higher. If you're considering a home, let's talk now before rates get below 6%. This is serious money I'm talking about!
"It makes more sense to pay your own mortgage and not the landlord's. You'll gain more equity by buying now versus waiting."