The year is in full swing and despite some wild weather, the sun shines brightly and the local mountains are full of snow. I want to give a special shout out to our local cities for their diligence and prompt responses to the downed trees and debris as the result of the recent wind and rain storms that recently soaked us. It’s hard to ignore the headlines, but by now I assume that if you are reading...

At the beginning of the year I like to share what may be in store for the year ahead in terms of the local real estate market. While I like to think I have a pretty good read on things, the past couple years have been proof that making bold predictions are more or less bold guesses and are worth little more than the paper they are written on. Since I am not a trained economist, I have instead synthesized...

South Bay Real Estate Market Update: December 9, 2022Sales keep moving along, but inventory running thin; How does Q4 compare to the rest of the year?This week we are diving into the numbers and comparing today’s market with early Spring, Summer, and Fall to see how things have changed this year. This week, we saw another 61 sales close in the past week which is consistent with the past few weeks....

This year we are doing something to help those in need and want to invite you to join us.  Our family has supported Harbor Interfaith Services in San Pedro for the past several years.  With the high cost of living in our area, many families are struggling to make ends meet, and Harbor Interfaith supports those families in need.  I am reaching out to our community to see if you will help me support...

Holiday Happenings in the South Bay - 2022 Happy December! Once again, the year has flown by! As they say, time waits for no one.  The holidays are hard to beat, especially when the weather in Southern California still allows us to spend much of the time outdoors.  This year I thought it would be fun to share some of our favorite holiday outings around the South Bay and Palos Verdes, most requiring just...

I almost didn't believe the stats, but after looking at it for a 3rd time, it's real.  Since October 2020, the median selling price in Palos Verdes Estates has grown by 49% from $1.88M to $2.8M (12 month moving average).  In Valmonte, the number is even more staggering where the median price grew 62.5% from $1.6M to $2.6M in the same time period.  But what does that mean moving forward?  For those that...

It’s human nature to want to know the future, to know what’s coming around the bend.  And there are plenty of people out there that make a living trying to predict it.  But the reality is, no one really knows.  Now more than ever, there’s lots of anticipation, maybe even anxiety, built into the economy, the stock market, and the real estate market.  It makes sense.  When things are going well...

There is a lot of prognosticating going on these days.  Whether it's around the economy or the upcoming elections, Things are constantly compared with "normal." But what is normal? According to Webster, normal is a very technical term with many definitions.  In the case we often hear it used, this is the most fitting definition: "according with, constituting, or not deviating from a norm, rule or...

The real estate market is going through some interesting times this summer.  We have low inventory, prices are holding at all time highs, and interest rates are up about 2% from the start of the year.  When viewed with my 2021 goggles on, it looks like buyers have gone on vacation this summer.  While some may just be on vacation and put their home search on hold, others may have stopped looking...

As we close out the first half of 2022 and celebrate our Great Nation's Independence, let's take a moment to be take a look back on the wild ride that has been this year so far. We started the year off with low housing inventory, and interest rates in the low 3% range. Demand surged as buyers looked to get ahead of the highly anticipated interest rate hikes, and many properties were selling 10-20% over...