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.
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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I hope all of you had a wonderful Memorial Day weekend relaxing and honoring our military service members who paid the ultimate sacrifice for our country. For this week’s blog, I am covering two short topics:
Regular readers are likely aware of my anticipation for the release of the California Housing Affordability Index (HAI) by the California Association of Realtors every quarter. By now, you've probably grown accustomed to these quarterly affordability updates, and I hope you sh...
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There is a lot of debate on what strategy works best when it comes to selling property. It is almost universally agreed here in the South Bay that homes in the median price range, with plenty of comps, are best served coming to the MLS by slightly underpricing or matching thei...
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Last week I covered the tepid start to inventory this spring selling season. Luckily, we are starting to see more South Bay home listings as this week began with a surge of 20 new listings debuting on the Palos Verdes Peninsula in a matter of two days. Easily the largest rush of ...
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The hottest topics in residential real estate are high mortgage rates and low home inventory levels. Many pundits predicted falling mortgage rates and rising inventory as major themes of 2024. Some saying, for example: “How could interest rates possibly go higher? A...
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The majority of the South Bay is officially on spring break! And with the onset of the long week off, we also get the conclusion of 2024's first quarter. Without question, the real estate market has not gone the way many had planned i 2024. Inventory remains excruciatingly ...
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