Blog

Q1 2025 South Bay Market Review

With the first quarter of 2025 in the books and plenty of news headlines to keep things interesting, I figure it’s a good time to check in on where we are in the market and how things are looking for the remainder of 2025. The first quarter has been anything but normal - if normal even exists anymore! From tariff policies to DOGE and Musk, Trump 2.0 has captured his market share of media attention,...

Being Prepared for an Emergency: The Importance of a Go-Bag

This week’s fires are a chilling reminder that emergencies can strike without warning, whether due to natural disasters, power outages, or unexpected crises. One of the most effective ways to stay safe and be ready for the unexpected is by having a Go-Bag — a portable emergency kit filled with essential supplies that can sustain you and your family for at least 72 hours. Here's what you should include...

Slow but Steady – The Valmonte Fall 2024 Market Report

How’s the market? Overall, the market is slow, but steady.  Slow because we have seen a drop off in the number of homes for sale, and therefore closings, when compared to the past few years. Steady because well priced properties continue to sell, some with multiple offers. Sales activity has slowed in recent weeks but that is typical for this time of year, especially in an election year.  On...

2024 Half Year Analysis – South Bay/Palos Verdes Real Estate Market

(3 minute read) We are just past the half year mark and when it comes to South Bay real estate, I have some upbeat news for homeowners and hopeful buyers. To begin with, prices, inventory levels, and sales volume increased compared to last year at this time. For buyers the good news is interest rates are showing signs of stabilizing and the month's supply of inventory has increased across most micro...

March 2024 South Bay Real Estate Update – EGBOK

EGBOK Does anyone remember this saying? "Everything's Gonna Be OK" was coined by the "Ken and Bob Company" morning radio program on KABC-AM Los Angeles, California (on the air from 1973–1990). I tell my kids this when they are stressed about something, and it applies to today in many ways as well. Sure, there are some scary things out there, but the world has been through worse. In terms of Real Estate,...

2024 Market Forecast: Palos Verdes

2024 Palos Verdes Market Forecast Real estate prices are expected to rise 2-4% but huge gains are unlikely due to challenges with housing affordability to all but the very top end of the market Sales volume is expected to continue to remain below normal levels, but improve compared to 2023 Owners looking to “right-size” will continue to seek one level homes  Millennial demand is not...

2024: A Balancing Act (and 2023 PV market recap)

Happy 2024!  I hope the year so far is off to a good start and you are excited for things to come.  I am grateful to get to call PV home, and am reminded daily of why this is such a special place to raise a family.  I was recently chatting with several parents while attending my son’s soccer game at PVIS in Lunada Bay.  Besides being a fantastic school, while standing at the field we had amazing...

Why Now May Be the Best Time To Buy Real Estate in Several Years

“Be fearful when others are greedy. Be greedy when others are fearful.”  Warren Buffett Based on a detailed review of the South Bay Real Estate Market,  I believe we are coming into a window of buying opportunities that we have not seen in several years.  The three key indicators that support my belief include the following: Days on Market have increased nearly 40% from a year prior; Months...

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