About a year ago I introduced the first annual Fearless Predictions for South Bay Real Estate. The inaugural blog was not only fun to write but challenged me to conduct deep research that would hopefully benefit my clients throughout the year. I am proud to say as I recap the results of the early year predictions, many of the forecasts were correct. Below is a recap of each prediction with data and how the market performed. Prediction Recap: Mortgage Rates Will Barely Rise Prediction: The Fed has full control over where home loan interest rates go, and my bet is there is no way they let them rise significantly as a strong housing market is key to
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Month: December 2017
As real estate in the South Bay quiets down for the holidays, I wanted to share some helpful tips to prepare you for the new year and spring selling season. There is a ton of specific, local information on every South Bay city that all buyers and sellers in the area should be aware of. In case you didn’t notice, we have updated sections of our website that include detailed neighborhood write-ups starting with Manhattan Beach, Hermosa Beach, and Redondo Beach. Palos Verdes will be up soon. My hope is you learn something new or can refer to this when you are looking to buy or sell in a specific area. Rolling Hills If you are
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Los Angeles County Assessor The Los Angeles County Assessor published its annual report recently as its fiscal year runs from July 1st to June 30th. Not to be confused with the L.A. County Tax Collector (which collects your taxes), the Assessor’s office is in charge of assessing the value of taxable property in the county. This includes value of real estate parcels, business personal property, boats and aircraft per the report. The assessor has valuable real estate information on all 88 cities within the county along with all of the unincorporated areas of Los Angeles County which amounts to $1.416 trillion in taxable property. This year, two South Bay cities made the top 10 in cities
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