New construction homes can be tough to come by these days. Inflated building costs and extended building timelines have yielded fewer options, along with the fact that two to two and a half years ag...
If you look at the South Bay July home data, it is sitting at record high median prices on a rolling 12-month average. The past two years have been breathtaking when it comes to price growth, demand, and lack of supply – and the July number...
The local South Bay real estate market is in such an interesting position this summer. There is a dichotomy facing buyers and sellers, full of mixed signals, making it hard to figure the market’s near-term direction.
On the positive ...
The thick marine layer hugging our South Bay beaches the past two months might have some of you forgetting it’s summer and that might be a perfect metaphor for the current state of our local housing market.
If the South Bay housing m...
If you read my Q2 South Bay home market blog earlier this month, then you know lower home prices are not showing up in the South Bay data just yet.
I made a point in that post that a slow rise in inventory, higher interest rates, and t...
A North Redondo neighborhood pocket that I always enjoy writing about is Golden Hills' “Tall & Skinny” home market dynamics.
Since the inception of my weekly blog in late 2015, I liked to check-in on “tall & skinnys” ev...
It has been another one of those busy weeks that happen from time to time in this real estate business.
Rather than miss a blog post like I have in the past, I am going to make this post a little self-serving to highlight our clients...
What an exciting time in the real estate market!
For real estate nerds like me, I love to study the quarterly numbers – even more so when the market is shifting to help find clues within our South Bay home marketplace.
The mar...
For this week’s blog I am getting back to sharing some intimate submarket happenings in our local South Bay home market.
Since most coverage the past few months has been bigger data, affordability reports, and interest rate hikes, I ...
If you scroll news stories, Instagram Reels, or listen to podcasts – it is hard to not get buried in the shifting home market reports across the country.
Without question there is a market shift occurring just by feeling out demand f...
There is a lot of shifting to cover each week in the blog thanks to rapidly changing home submarkets, mortgage rates, and sentiment around the economy.
It has not been since the Coronavirus stay-at-home orders where I truly feel like t...