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I think it comes down to whether you are happy with your current place or not. Obviously with the new baby, its probably a bit tight.
If its North Redondo, Id sell it... if its South Redondo/Riveria Village etc. Id think hard about selling it as those values will only go up eventually meeting up with HB and MB values.
South Redondo is still a pretty well kept secret at this point, but not in a few years...
Renting has other advantages: less to no maintanance time and costs being the largest one. If you were going to buy a new place... where would it be?
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