What Is Normal?

There is a lot of prognosticating going on these days.  Whether it's around the economy or the upcoming elections, Things are constantly compared with "normal." But what is normal? According to Webster, normal is a very technical term with many definitions.  In the case we often hear it used, this is the most fitting definition: "according with, constituting, or not deviating from a norm, rule or...

2021 Recap and 2022 Forecast – Record Prices and Not Enough Supply

2021 Market Recap To put it simply, 2021 was an amazing year if you own real estate anywhere in the US, but especially here in the South Bay and Palos Verdes. For the wider South Bay, Let's take a look at 3 different markets in the South Bay, Manhattan Beach, Redondo Beach, and Palos Verdes Estates. All 3 markets have seen a significant drop in inventory since late 2008. Meanwhile as inventory has...

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