"Palos Verdes Resident since 1947"

Newsletters Category

July Newsletter — sorry posting here a little late

Dear Neighbor: I know the real estate market isn’t the first thing you think about, but don’t worry because it is for me.  For the last few years, really starting with covid in early 2021, the market has favored sellers to one degree or another.  I have discussed that in previous newsletters.  That pendulum (at least in PV) has now swung back to about an even balance between buyers and sellers, receiving a big shove this past Spring when the largest...Continue Reading!

May 2025 Newsletter

Dear Neighbor: I know I’ve discussed this before, but it bears repeating:  succinctly, the Number One agent may not be the best agent to sell your house; in fact, the odds are against it.  Speaking as someone in the business, some things are more obvious to me than they may be from the outside, and this is one of them.  The biggest agents, generally those who sell the most houses and who do all the advertising, more often than not, are...Continue Reading!

March 2025 Newsletter

Dear Neighbor: As we say in the business “inventory is up”.  I’ve always disliked the term “inventory” because it makes houses sound like just a commodity, which they never are to me.  Each house is filled with decades of precious memories. Generally prices are at or near their all-time highs, prior predictions of doom notwithstanding.  As I discussed at the time, when Covid hit, pretty much everyone predicted that the market would tank.  What actually happened was that Covid restrictions and anxiety...Continue Reading!

January 2025 Newsletter

Dear Neighbor: Not to beat it to death, but real estate prices were flat for most of 2024.  As you know, there was a big run-up in prices during Covid, the reasons for which I have discussed previously.  By all odds, there should have been a post-Covid price correction; but if there was, it was barely measurable.  One reason was the number of people who re-financed when interest rates were under 3% and don’t want to sell their house and give...Continue Reading!