Palos Verdes Real Estate

Real Estate General Info Category

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!