"Palos Verdes Resident since 1947"

Newsletters Category

July 2018 Newsletter

Dear Neighbor: The real estate market goes thru cycles as you know, and this one at 10 years is getting a bit long in the tooth. I’ve given up trying to predict the future, but there are more houses on the market now than at any time in the past few years, though admittedly the past few years have seen the fewest houses for sale that I can remember in my 33 years in this business. Interest rates remain...Continue Reading!

May 2018 Newsletter

Dear Neighbor: Interest rates have begun to rise, as you’ve no doubt heard in the news.  As if there wasn’t enough pressure on inventory, this has caused more, as buyers do not want to miss out on these low rates.  If you’re a seller, this is a good time for you; one of the reasons prices have risen to all-time highs is that the historically low rates have made the current record high prices affordable.  Once the rates have risen to...Continue Reading!

January 2018 Newsletter

         Dear Neighbor: Holy Smokes! I’m sure you are wondering what the real estate future holds.  A few things are clear to me:  the appreciation in home prices slowed significantly during the last half of 2017 (actually, I’m not sure there was any), though in an area of custom homes like much of the Peninsula, it difficult to put a hard number on it – average sale price, average sale price per square foot, number of sales all...Continue Reading!

July 2017 Newsletter

Dear Neighbor: The real estate market continues with a general shortage of houses for sale, although the number of homes on the market has been growing for the last few months.  As is always the case, the homes that are priced right sell quickly.  The reasons those that don’t, are usually related to asking price.  We can talk more about this when we meet. There are a lot of things they don’t teach you in Real Estate school.  Yes, you do learn...Continue Reading!