California Housing Affordability Q3 2024
If you’ve been following my updates, you know I eagerly anticipate the California Housing Affordability Index (HAI) report from the California Association of Realtors each quarter.
These reports ...
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California Election Results: What Props 33 & 34 Mean for Real Estate
Congrats! You made it through another election season.
Whether your candidates, measures, etc. won or lost, I hope you felt a sense of how lucky we are in this great country to make our voice heard and exercise our right to vote.
Now come...
South Bay Real Estate Snapshot: Third Quarter 2024
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.
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Why Dropping Interest Rates Doesn’t Mean Rising Home Prices
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 writi...
South Bay Home Inventory is Rising & Interest Rates are Falling
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 talkin...
Quick South Bay Real Estate Notes
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:
Latest Ca...
South Bay Real Estate Q2 Housing Affordability
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 ...
Portuguese Bend Home Values Struggle Amid Land Movement
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 ov...
South Bay Home Sales – Highest & Lowest in Q2
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-...
South Bay Second Quarter Home Data 2024
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 S...
North Manhattan Beach New Construction Steadily Appreciating
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 s...