Palos Verdes Real Estate
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July, 2011
While prices in Palos Verdes have held up reasonably well throughout the current financial "crisis", sales since the first of the year have slowed compared to the same period last year. In Valmonte, whereas we had 25 sales between January and July 2010, this year we have had 16. On the entire Peninsula there were 241 sales first half of 2010, with 196 during the first half of 2011. By "sales" I mean properties going into escrow, not those that...Continue Reading!
January 2009 Update
This is my periodic newsletter to my mailing list. This is January, 2009's: I tried to write this as an explanation of why we're in the economic mess we're in, but somewhere on the 6th page I reconsidered. Suffice to say (and I'm sure you've gotten explanations from all directions), this is the accumulation of 70+ years of government meddling. Beginning during the Great Depression, people increasingly began to look to the Federal Government to make their lives better, and the host...Continue Reading!