L A South Bay Real Estate

Market Forecast – February 2010

Posted on16. Feb, 2010 by admin.

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Summary of January 2010 Data
The sales volume in January was down to 348 units sold in the LA South Bay below its 502 average monthly value. This is mostly due to seasonsal effects in January and February as shown in the sales volume [...]

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The Best Time Of Year to Buy

Posted on02. Feb, 2010 by admin.

The common belief held by the public and the media is that the best time to buy property is in the holiday  period from Thanksgiving to Christmas. Comparing activity during different times of the year is known as “Seasonality”. The graph below refutes that belief. The graph illustrates that sales volume has been consistently low [...]

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Market Forecast – January 2010

Posted on18. Jan, 2010 by admin.

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Summary of December’s Data
December had better than average sales volume, the expected holiday seasonal slowing did not occur this year. Dwindling inventory remains an important factor which will put pressure on home [...]

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Homebuyer Demand Outpaces Supply

Posted on04. Jan, 2010 by admin.

Home Inventory is one of our most important Indicators which help predict the direction future of prices in the LA South Bay. The available South Bay Home inventory is now at the lowest point since December 2005. Supply cannot keep up with Buyer demand, the result will mean accelerating higher prices. The LA South Bay [...]

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Market Forecast – December 2009

Posted on18. Dec, 2009 by admin.

Summary of November’s Data
The health of the real estate recovery remains strong. The most important indicators at this time to watch are Unsold Index, and Affordability. The strength in this market is now exceeding the strength of the 1996 – 2005 market [...]

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Examining The Torrance Home Price Bubble

Posted on10. Dec, 2009 by admin.

Was there a price bubble in the the city of Torrance?
Here is a little study made in an attempt to answer that question, you decide. Please place your comments on the
Blog Site . See the Charts below.

While national median home prices may have dropped approximately 30 % since the housing peak, conditions locally [...]

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How Much Is An Ocean View Really Worth? – Part 1

Posted on25. Nov, 2009 by admin.

How much is an ocean view really worth? This is a great question from the trenches of questions that many have wrestled with. Based on many variables being evaluated at the same time this is pretty much impossible to figure out to any real precision. Here is a little study performed on recent sales of [...]

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Market Forecast – November 2009

Posted on14. Nov, 2009 by admin.

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Summary of October’s Data
It looks like the Hot Real Estate market of 1996-2005 is about to return. The data from October reveals a very strong South Ray real estate market  mimicking the conditions [...]

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Severe South Bay Home Shortage Developing

Posted on01. Nov, 2009 by admin.

The total inventory of available homes in the South Bay has been steadily declining. There are not enough homes being put on the market to keep up with the demand. The inventory now is lower than the inventory that occurred during the maximum home price period.  see the graph below:

Even with moderate sales volume the [...]

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Market Forecast – Oct. 2009

Posted on15. Oct, 2009 by admin.

October’s Forecast
Summary of September Data

September’s data reveals a strong south bay real estate market and a extremely hot market in the cities of Gardena, Hawthorne and Torrance. Most indicators continue to show positive trends.
Median Home Prices remained at the August home price level. Average home prices were down slightly lower than the previous [...]

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