Market Update

Found 7 blog entries about Market Update.

If you’ve been keeping an eye on the South Bay real estate market, you may have noticed the recent housing frenzy with the passing of the Super Bowl.

As we came into the office on Monday, we noticed an increase in new houses being listed. Now we’re not about to suggest that the Broncos loss is somehow correlated with people wanting to sell their homes (unless someone sees a connection we’ve missed!). But, we’re starting to think that the Spring listing fever may have started early this year.

With the South Bay housing market taking an upswing compared to last year, it seems as though everyone is eager and ready to sell their home. As demand was at an all time high the past few months, inventory was dwindling, which increased interest and demand

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RanchPalos Verdes is a very happy place to live, especially for those searching for the right horse property. This area is full of great places for riding and you can even have that perfect place in your backyard. With many horse properties for sale in Palos Verdes, it won't be hard to find a great property to accommodate your needs.

This active horse community includes many pony camps, trail rides, show barns and so much more. The community is built for the equestrian life and provides plenty of happiness for horse lovers. A non-profit equestrian facility provides a great place for developmentally and physically challenged adults to enjoy equestrian therapy. This facility is called Ride to Fly.

Moving to the area means you can enjoy horses even more

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Not just a cookie cutter builder, Matt Morris Development (MMD) takes the time to get to know their clients before they create the home of their dreams. Matt Morris is the president of his company and he takes pride in providing full accessibility to his clients. With plenty of experience in the South Bay market, Morris provides something a bit different from the other builders in the area.

MMD is a high-end builder of custom homes and helps those looking to invest in their dream home create the look, feel and home they deserve. Morris spent 15 years working as a Realtor in the area before starting his own company. His goal is to help any client looking to build a new home take their vision and bring it to life with a fully functional and beautiful

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If you're in the market for a home in Manhattan Beach, it's important to understand your buying and selling options before you start looking. You don't want to fall in love with a property you can't buy for one reason or another. Starting with a plan and understanding all your different options before you start shopping will help you to avoid this disaster.

Those needing to sell a home and buy a different one, might be confused as to which should happen first. Of course, in the perfect world, you'd sell your home with another one waiting for you, but not waiting for very long. However, this doesn't always happen and when you need to do both, you need to consider carrying two mortgages or renting your current home. This can make it a little easier as you…
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Manhattan Village Shopping Center located on Sepulveda Blvd, is a great place to shop to your hearts content and enjoy delicious restaurants. This premiere shopping center was last renovated in 2000, creating a new look of the interior. There are now plans to bring this shopping center up to date by creating a more efficient flow of the exterior.

With an expansion plan that has been in the works for many years, construction could start as early as January 2014. This Enhancement project will be in 3 stages and is planning to add over 120,000 sq ft of restaurants and retail spaces to be developed, with the addition of more parking spaces and multiple parking structures.

The goal of this project is to bring the Village shops areas together and connect

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If you are in the Palos Verdes, the Hollywood Riviera or the surrounding hills that are behind it, as night starts to fall on days with clear visibility you can take in a breathtaking site of the entire Santa Monica Bay. The lights from the homes and buildings sparkle like the royal jewels on a "queen's necklace" giving the pristine view its name. For those with luxury homes in the area that can take in this view, it is a sight to behold. You can see from the lighthouse at San Vicente to the Santa Monica Pier. In a word, it is spectacular.

If you've ever struggled with what to do in Southern California, know that enchanting views like these offer peace and relaxation at the end of a busy day. They create an unbelievable backdrop for dinner parties,

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Multiple Offers"Wait, I thought this was a buyers market!" We've heard this a lot lately. If you're shopping for a home locally, you should know that real estate in the South Bay has been had a surprisingly high number of multiple offer situations lately. It seems like every other home has people competing for it. The basic law of supply and demand could be the culprit. Since the beginning of 2012, near 50% of all Manhattan Beach homes for sale have experienced more than one offer. We know of a property that recently had over 29 offers before it finally went under contract.

The fact is that home prices in the Beach Cities are still well below where they were 5 years ago. Although it's technically a "buyer's market," low inventory, relatively low prices and extremely

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