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.
As my avid readers know, I eagerly await the ever important California Housing Affordability Index number released from the California Association of Realtors (C.A.R.) each quarter. I hope after following these quarterly affordability blogs that you are as excited as I am to s...
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I am on a short week to enjoy time on vacation with my family. So, the blog this week will be concise. This week I cover: 1. A new California law regarding security deposits 2. And, a South Bay beachfront sale at a big loss If you follow my Instagram (@richardhaynesreal...
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In the South Bay, an always heightened topic of conversation are “off-market” home sales. If you are unfamiliar with the term “off-market,” it is a home sale transaction that occurs without the property ever going to the MLS, thus the off-market designation. I have ...
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My South Bay residential real estate blog is approaching its eighth year as a full-time weekly publishing. Every so often, I go through the 300+ past posts for ideas or submarkets that have not been covered in a long time. After doing so this week, I found an out-of-the-box po...
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The smallest city I cover in my weekly real estate blog is the wonderful city of Hermosa Beach. Also known by its motto, “The Best Little Beach City,” I can attest to Hermosa being a fabulous beachside community as a former longtime resident from my early-20s to mid-30s. ...
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Fall has officially arrived. After one of the rainier summers in recent memory, autumn is ready to bring about its crisp cold by the beach and Palos Verdes. Surging home mortgage rates and lack of affordability in the South Bay might also bring a chill to our local real estate...
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Before next week’s blog where I will post the latest Q3 South Bay home numbers, I am going to highlight rather large price swings in the local marketplace. I’ll share three examples throughout the South Bay that are actively listed right now. Many times, large price swings...
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Each week, I normally like to write about cold hard numbers or analyze recent comparable sales. Numbers do not lie and comps formulate home values. Plain and simple. That said, for this post, I am going to highlight a few brand new listings. I normally stay away from new li...
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The number of homes for sale (or “inventory”) as real estate professionals call it, has been the topic du jour over the past few months. Thanks to golden handcuffs of low interest rates held by current property owners, too few housing units being added in southern Californ...
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Some argue that the most prestigious Manhattan Beach addresses outside of The Strand are the coveted walkstreet locations west of Highland surrounding the pier. Others counter that notion with a Hill Section address as more prestigious. I say, Potato, puh-ta-toh. They are all ...
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