Do know the “Second Oldest Saying in Real Estate”?

Posted on January 10, 2012 at 1:50 pm

Everybody knows the “oldest saying” in the real estate business right?  Go on, say it with me …

Location

Location

Location!

But there is corollary to that adage and that is that “ALL REAL ESTATE IS LOCAL”.  Meaning that what what is happening in Temecula has nothing to do with what is happening in the, oh, let’s say the Monte Malaga area of Palos Verdes Estates. 

For example, take a look at the chart below.  I bet you would be surprised to know that the Palos Verdes real estate market is actually improving significantly for the Monte Malaga area. 

If you would like a price history chart like this one for your own area, just contact me through my website at http://www.homeispalosverdes.com and I will get one to you.

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