"Palos Verdes Resident since 1947"

Myths and Misconceptions Category

Things You Always Wondered About Palos Verdes

Palos Verdes Real Estate

I wrote this in 2007, but to make it easier to find, I've moved it to the top of the heap: A lot of things have happened in Palos Verdes during my 68-year residency some of which, distressingly, are now ancient history. I see a lot of misinformation on websites by realtors attempting to portray themselves as Palos Verdes experts, but I am here to say that I witnessed most of the following myself and this is how it was.  I am...Continue Reading!

Potential Buyers Won’t Take a Shower at Your House

Palos Verdes Real Estate

When you get ready to sell your house, you obviously want to do it right.  You will get advice from all directions, most of it well-meaning.  Some of the advice I see, however, after almost 30 years of doing this, I disagree with.  Here is what I tell my clients prior to going on the market: 1)  Make sure that all legal issues (title, loan, etc) that could throw a monkey wrench in the sale are cleared; 2)  It is important to bear in...Continue Reading!

March 2017 Newsletter

Dear Neighbor: The real estate market continues to have a shortage of houses for sale, which has driven prices to record levels.  Any house under about $2.5 million that has not sold within a month in this market needs to have its price seriously examined.  You will see reports in the media that “Pending home sales fall to lowest level in a year” or something close to that.  The reason is not that the market is slow as you might infer;...Continue Reading!

Stale Listings

Palos Verdes Real Estate

My clients lately have gotten my "Stale Listing" speech, which goes like this:  the market has been going bananas for about 18 months.  Whenever this happens, the idea seems to settle in that a seller can pretty much name his price and buyers will beat a path to his door.  There is no shortage of current examples.  If this isn't a sure sign that the market is about to slow down, it certainly contributes to it.  Buyers look at the "comps"...Continue Reading!