May 2013

The Market Changed. Have You?

By |2021-07-21T07:45:54-07:00May 1st, 2013|Beach Cities, Buyer Tip, Front Page, Hermosa Beach, Manhattan Beach, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Real Estate News, Redondo Beach, Rolling Hills, Seller Tip|

Real estate is back in the news with leading stories to whet a viewer's appetite for more details, and this time it's not falling prices, foreclosures or strategic defaults.   What began as a whisper last fall turned into a raging roar with the arrival of 2013.  Last night a national news story flashed a map showing a one-year increase in prices of 14% from February 2012 to February 2013 for the greater Los Angeles housing market. Indeed, the housing market has changed.  Have you and your plans?  If you were waiting for the bottom, you missed it.  If you were waiting for [...]

March 2013

35 Offers? How Long Can This Last?

By |2021-07-21T07:45:55-07:00March 20th, 2013|An Agent's Life, Buyer Tip, Front Page, Income Property, Real Estate News, Seller Tip|

[fusion_builder_container hundred_percent="yes" overflow="visible"][fusion_builder_row][fusion_builder_column type="1_1" background_position="left top" background_color="" border_size="" border_color="" border_style="solid" spacing="yes" background_image="" background_repeat="no-repeat" padding="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="no" center_content="no" min_height="none"] The rush to buy golden investment properties is on! Yes, Norma Toering & Team's most recent offer was one of 35 offers on a fourplex in Redondo Beach--one happy buyer and 34 disappointed and still searching for inventory that is simply not there. What's a buyer to do?  Expand your search area and lower your expectations a notch or two.  It's tough love advice that may be hard to heed but the reward will come later.  [...]

February 2013

Buyers on Fire While Sellers Sleep

By |2021-07-21T07:45:55-07:00February 26th, 2013|Front Page, Inspiration, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Real Estate News, Rolling Hills, Rolling Hills Estates, San Pedro, Seller Tip|

  I am one of several hundred real estate agents and brokers engaged in the art (or shall I say war) of selling real estate on the Palos Verdes Peninsula.  Add a thousand or so more South Bay and Beach Cities agents and we are all ready to write an offer with a tap on the iPad, seal it with an electronic signature and send it on its merry way to find its place amid a pile of similar offers on the same property.  Multiple offers are the norm, not the exception these days. Yes, it's a battle zone out [...]

October 2012

Palos Verdes Sellers–There are Buyers Waiting to Purchase Your Home

By |2021-07-21T07:46:09-07:00October 26th, 2012|Buyer Tip, Front Page, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Real Estate News, Rolling Hills, Rolling Hills Estates, Seller Tip|

Palos Verdes homeowners, if you are wondering how the local real estate market is doing let me give you an example of what Norma Toering & Team did this week. We submitted a backup offer on a Manhattan Beach property priced over $2,000,000 and submitted an offer on a Palos Verdes property in the $800,000 range (our buyer's offer was one of 14 offers).  The backup offer was accepted and we expect to receive the decision on the PV property today.  Given the current lack of inventory and buyer demand this scenario is not unusual--I could give example after example.  Multiple [...]

September 2012

What I Did on My Summer Vacation

By |2021-07-21T07:46:09-07:00September 8th, 2012|An Agent's Life, Front Page, Inspiration, Real Estate News|

Remember those back to school essays entitled, "What I Did on My Summer Vacation?"  I found myself wondering the same thing.  It seemed the summer, and spring too, vanished in a heartbeat.  Then I remembered, a 'big buyer' ignited my little corner of the real estate world by writing an offer on April Fools Day, and the market sizzle continued through The Fourth of July, Labor Day and the holidays are looking pretty spectacular too.  A little business revival was most welcome after the Great Recession and Housing Debacle of the recent past. This is what I did on my summer 'vacation': Sometimes [...]

May 2012

Mid 2012 Finds the Housing Market Smouldering

By |2021-07-21T07:46:13-07:00May 30th, 2012|Beach Cities, Favorite Photos - Beach Cities, Front Page, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Rancho Palos Verdes, Real Estate News, Redondo Beach, Rolling Hills, Rolling Hills Estates|

A few years ago when the real estate market was sizzling hot, buyers were happy to find a house they could afford, and with prices spiraling upward, almost any house would do.   Today, buyers are faced with low inventory and keen competition from other buyers.  It seems the real estate market always offers challenges and difficult choices, and it is a smart decision to build a team to help navigate your way through the purchase maze. Whether this is your first home or your fifth, it pays to have a professional team on your side.   Here are my Simple [...]

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