Palos Verdes Real Estate

Newsletters Category

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!

January 2017 Newsletter

Dear Neighbor: Happy New Year to you all!  The only thing that has changed in the real estate market since I last wrote is that interest rates have risen to the low 4%’s, which I know seems downright usurious these days.   There is still a dearth of homes for sale in Palos Verdes, which has supported prices at near-record highs. For the past 3 years the market in Palos Verdes has gone crazy from January thru June and then levelled off.  Prices...Continue Reading!

March 2016 Newsletter

March, 2016 Dear Neighbor: As predicted, after a slower last half of 2015, the market picked right up after the first of the year.  2 reasons:   one is that it normally does this, since people put off buying and selling over the holidays, then hit the market right after the New Year; the other reason is that the pundits who claim to understand these things predicted that interest rates were finally going to go up, so buyers didn’t want to miss that. ...Continue Reading!