Palos Verdes Real Estate

Newsletters Category

July Newsletter

And on it goes.  Demand for homes continues to outstrip supply.  Reasonably-priced houses in Palos Verdes are selling within a week, often with multiple offers.  You pretty much can’t buy a house on the Hill for less than $1.3 million, which generally gets you a 3 bedroom, 2 bath 1400 square foot original 1956-1963 house in RPV without any kind of a view and probably needing work.  I remember when the original Grandview houses were built by Zuckerman in 1956...Continue Reading!

May 2023 Newsletter

Dear Neighbor: Local real estate prices continue to hold up better than most of us predicted, the primary reason being a lack of houses for sale.  Reasonably-priced houses are selling instantly, often with multiple offers. Nationally prices are down 12% from the June 2022 peak, although locally it feels like they are down less.  One reason for the smaller than predicted decline, apart from others I’ve discussed in previous newsletters, is the reticence of current homeowners to give up their low...Continue Reading!

March 2023 Newsletter

                                                                                                                                                                 ...Continue Reading!

January 2023 Newsletter

Dear Neighbor: As I usually do this time of year, I read back thru my newsletters for 2022, and they read like a history of the real estate market in 2022.  A year ago I was predicting the imminent demise of the Covid-driven hot market of the previous 2 years.  Me in January 2022:  “There are definite signs of slowing”; March 2022:  “The market is still strong, [but] I advise against waiting till Spring to put your house on the market”;...Continue Reading!