Dana Graham

Newsletters Category

September Newsletter

September, 2015 Dear Neighbor: In my last letter, I mentioned that the market was showing signs of slowing after almost 2 years of frenetic activity.  It has, and there are now roughly twice the number of homes for sale in Palos Verdes as there were a year ago, although the number then was about the lowest I can remember in my 31 years in this business.  As usual, when this happens without any outside event, I suspect that an affordability threshold has...Continue Reading!

July 2015 Newsletter

Dear Neighbor: The real estate market is showing some signs of cooling as I write this.  Normally the first sign is that listings begin to sit on the market longer than before, often because sellers, thinking the market is so hot they can name their price, do so and things begin to slow down.  Interest rates have begun to creep up (now over 4% -- I can hear the snickers – “4%?  That’s usury.  Throw the bums in jail!”), which normally...Continue Reading!

As Seen in the Daily Breeze

I was named #1 Berkshire Hathaway agent in PV for 2014, which is kind of impressive since I have no assistants, secretaries, sub-agents, or anything else.  If you click on the re-print below, you can actually read the whole thing.  If my clients hire me, they get me for everything. Check the Testimonials in the upper right to see what my clients think of me.  Call me and become one -- 310 613-1076.    Continue Reading!

May 2015 Newsletter

May, 2015 Dear Neighbor: I’m not sure if the entire market is going crazy or just my share of it.  In my last letter I mentioned that there were not a lot of homes for sale.  That continues to be true, with the only ones not selling being those who, trying to take advantage of the market, have overshot the mark on the price.  Speaking for myself, I can hardly get my listings on the market before I have really good offers. ...Continue Reading!

March, 2015 Newsletter

March, 2015 Dear Neighbor: The real estate market hasn’t changed too much since I last wrote in January.  There is still a dearth of homes for sale, which insures that any that come up at a reasonable price don’t last long.  All my listings are in escrow, but I do have a really lovely one level 4 bedroom home at 8 Aurora Drive, RHE, coming up about the time you receive this.  Price will be $1,295,000.  I will probably have others by...Continue Reading!

January 2015 Newsletter

Dear Neighbor: Another year!  I know when I was a kid growing up in Valmonte, even the year 2000 seemed inconceivably far off.  Figured I’d probably die of something before then, but they haven’t got me yet. The subject this month is websites.  The internet has made a lot of things easier and has complicated others.  I’m sure you have as many examples as I do, but the subject is real estate.  When you list your home for sale, you naturally want...Continue Reading!

November 2014 Newsletter

Dear Neighbor: The market continues as before.  I would say it’s about a 7 on a scale of 10.  I sense, though, that many buyers think the market has peaked or is about to.  The argument for buying now remains low interest rates – just over 4% for 30-year fixed.  I’m telling you, we’re all going to look back on this as the good old days. The subject this month is the agent you hire.  Hire me.  OK, letter’s over.  But seriously,...Continue Reading!

September Newsletter

Dear Neighbor: After a brief lull, the market has resumed a fairly active pace, though not quite as crazy as last Spring.  The difference this time is that the market is more price-sensitive – you can’t just put a house out there at any price and expect activity.  This is normally an indication that buyers think the market is close to topping out.  If anyone has a logical explanation for these seemingly random spurts, please let me know. Out here in the...Continue Reading!

July 2014 Newsletter

July, 2014 Dear Neighbor: After about 8 months of frenetic activity, the real estate market has slowed somewhat, which you may remember I predicted a few months ago.  Prices have risen significantly in the last year or so but, at some point, affordability plus some sellers over-shooting the mark on price causes the sort of slowdown we’re now seeing.   This will be picked up by the media in about 60 days, so you can expect to still hear breathless reports of huge...Continue Reading!

May 2014 Newsletter

May, 2014 Dear Neighbor: Despite what you may have heard on the news, the local real estate market is still very active.  I have a very nice 4 bedroom 3 bath one level home coming up in Rolling Hills Estates in the $1,250,000 range, so call me if you know anyone who would like to see it before the rush. Some of the myths in real estate make “Elvis is in the building” look credible.  One holds that you should price your house...Continue Reading!