What an incredible moment for our local home market. Thanks to the Federal Reserve’s aggressive rate policy, surging interest rates are having a swift impact on the South Bay home market, national...
What an incredible moment for our local home market. Thanks to the Federal Reserve’s aggressive rate policy, surging interest rates are having a swift impact on the South Bay home market, national home market, and quite frankly, all markets i...
I am quite excited for the next couple of weeks. Why you say? Well, Friday is the final day of the third quarter and there will be some juicy data to cover beginning next week.
What will inventory levels look like? Will price growth de...
Another Labor Day Weekend is on the books – school is in full swing, summer vacations are concluded, and football is BACK! We now unofficially begin the fall selling season after what seems to have been a sleepy summer. For the most part, w...
The California Association of Realtors (C.A.R) quietly announced their latest Q2 dataset of housing affordability numbers this month and the results were a little scary.
As many readers know, I have been committed to covering C.A.R.’...
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 ago, builders put spec buying and building on ...
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...