Palos Verdes Real Estate

Real Estate General Info Category

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!

November 2022 Newsletter

                                                                                                                                                               ...Continue Reading!