Each quarter I mail out a newsletter to my clients with a recap of the South Bay real estate market. Now that the third quarter of 2018 has come to an end, I thought I would give all my readers a snea...
Just two weeks ago, one of the most stunning homes on the Manhattan Beach Strand closed escrow. In only nine days, the gorgeous 1204 The Strand found a buyer, which closed 30 days later in an all-cash transaction.
You do not see Strand listi...
You often hear from real estate agents and investors that owning property is a great investment because it allows one to use leverage.
Leverage, if implemented correctly, can make you a lot of money. But, it is important to note, not all lev...
The American Dream of owning your own home is still alive and well here in the United States. Most Americans believe owning your home is the surest path to wealth and financial freedom. This might be correct, but is it truly the most efficient ...
When most people speak about depreciation and real estate, they talk about the tax benefits. Often, you will hear a new real estate investor or some real estate guru say, “You can earn cash flow tax-free because in real estate there is deprec...
There is much to debate about off-market deals in present day residential real estate. Over the past 10 years, I have seen the good, the bad, and the ugly. In today’s blog post, I will illustrate my opinions on off-market deals and hopefully ...
For many, Labor Day weekend marks the beginning of school, football season, and Fiesta Hermosa. In real estate, it is the unofficial kick-off to the the fall selling season.
Fall Season & New Listing
Contrary to popular belief, fall i...
The second half of August can really slug along in the South Bay as agents and clients are wrapping their last summer vacations. Most agents will hold off from listing their new inventory until Labor Day. For this week’s blog, I will be divin...
In North Hermosa Beach, it is very tricky to generalize market value.
There are a variation of lot sizes, town homes, property views, and income properties, which makes it difficult to give a perfect breakdown of this sub-market. That said...
Most of my blogs consist of analyzing sales, appreciation, and under-priced deals. Today, I want to focus on a market that is larger than the for sale market in Los Angeles County: Rentals! Rentals are an extremely important part of the real es...
August in the South Bay tends to be a slower month for real estate. During this slow time, I thought it would be beneficial to examine different home offerings under $1 million.
Palos Verdes Peninsula
This may surprise some readers, but P...