Palos Verdes Estates

“Are we there yet?”

"Are we there yet?" Anyone who's been on a road trip either as a kid or those with kids will know this saying very well.  In a lot of ways this sort of sums up 2020.  The pandemic, election, second round of the pandemic, and so on.  To give you some words of encouragement, "We are almost there."As for the pandemic, news of a vaccine is good news, and it provides a much needed light at the end of the...

New Listings are Up, Pending Sales are Down – What does that mean for you?

It’s June and the beginning of the “summer selling season” for real estate in Valmonte.  Instead of a bunch of flowery talk about how great everything is about the market, I’m going to go out on a limb and dare to be more realistic than perpetually optimistic.  The local real estate market is setting up for a price correction.  The bigger question, and one I don’t have an immediate answer to,...

2018: Valmonte Real Estate Forecast – Are we in a bubble? What about taxes? And Should I Buy or Sell in 2018?

Spring greetings from our humble abode here in Valmonte.  After a bumpy start in the stock market, I write with the prospects of a great year ahead in both the overall economy, as well as the local real estate market.  The Valmonte real estate market is coming off a strong end to 2017, and a robust start to 2018.  In fact, in the last 24 months, no home in Valmonte has sold for less than $1,000,000! In...

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