Homes for sale in Palos Verdes – A supply PROBLEM!

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Not just for Palos Verdes Homes …

 

It’s happening throughout the country and this is good for the housing market as people moving from one area to the other are causing the market to pull itself up from its bootstraps (as the old saying goes)

Here’s an excerpt from RealtorMag, one of the trade journals I subscribe to.  “…While sales of newly built single-family homes is on the rise, buyers are finding fewer choices as inventory sinks to a new record low, the Commerce Department reported Thursday….” 

You can read the full article by going to this link, and judge for yourself how it effects homes for sale in Palos Verdes.

Meanwhile … take a look…

Look, I don’t what tomorrow will bring … will higher interest rates and a continuing poor job market turn these positives into negatives?  Will these positive trends continue?  I don’t know.  What I do know is what’s going on now … and “now” is some of the best times we’ve seen in a long, long time to be a seller.

If you’re interested in getting an audit for what the supply/demand picture looks like for your home and neighborhood, let me know and we can discuss, confidentially, if this is a good time for you to sell your Palos Verdes home.

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George Fotion
Call Realty Company
(310) 346-6467
gfotion@emailtreo.com

George Fotion, HomeIsPalosVerdes.com