A leader in South Bay real estate for the better part of a decade, Richard thrives as an advisor to his clients with over $215 million in sales as a broker or investment principal at his boutique agency, Haynes. Richard is known for his keen local market insights which have been featured in the L.A. Times, The Street, and Forbes, along with his weekly South Bay real estate blog.
Specializing in residential homes from Palos Verdes to Manhattan Beach, Richard was a top producing agent in 2022 landing in the top 350 agents in California out of over 212,00 licensed Realtors.
It is hard to believe we’re already in the fall season and have just wrapped up the third quarter of 2024. This year has flown by! If you’re a data enthusiast like me, you probably look forward to this quarterly blog post as much as I do. Please note, the data below reflec...
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Mortgage interest rates have dropped by more than one percentage point over the last four months, and the Federal Reserve just cut the Fed Funds rate by half a percent last week. In case you didn't notice, many Realtors and pundits are writing (or posting on Instagram) about h...
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South Bay markets are ready for a breath of fresh with mortgage rates and home inventory levels beginning to drop and rise, respectfully. During the first half of the year, high mortgage rates and low home inventory levels were a huge talking point for South Bay real estate.It...
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As school starts and Labor Day weekend is upon us, rather than skip a blog post, I wanted to share some quick real estate notes to quench the thirst of our real estate readers. My quick notes this week will cover three topics:
Those who follow my updates know that each quarter, I eagerly await the release of the California Housing Affordability Index (HAI) from the California Association of Realtors. This quarterly report has become a staple for many, and whether you're excited or anxious, I’m sur...
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Major land movement on the southeastern side of the Palos Verdes Peninsula has been a national news story for the better part of 2024. In Rancho Palos Verdes specifically, the Portuguese Bend and Seaview communities, have seen heavy rains over the past two years re-trigger anc...
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The second quarter is the South Bay home market's most important quarter as it is the busy “Spring Selling Season” that normally sets the tone for the remainder of the year. This week, I am going to feature the highest and lowest single-family home sales in a variety of ma...
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Summer is in full swing, and I hope all our readers, old and new, enjoyed a safe and fun 4th of July holiday! We are officially in the second half of the year, and with that, the conclusion of quarter two. It is now time to breakdown those South Bay Q2 home market numbers for ...
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The beauty of the Manhattan Beach home market is that apples-to-apples comparisons are easy to come by when studying appreciation. Thanks to easily defined areas like the Tree Section, East Manhattan Beach, or the Sand Section with similar sized lots, a simple street grid, and...
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I have received a few calls and emails from my blogs and podcasts regarding the California Affordability Index. Many investors, builders (weighin...
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