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Monthly Archives: October 2013
Palos Verdes Real Estate Market Trends
Palos Verdes real estate market trends could be wrong if you’re not getting the information from the right source!
NAR’s Existing Home Inventory Number is Wrong
Here’s a surprise for you, the National Association of Realtors doesn’t know how many homes are for sale. Yesterday’s existing home sales announcement included NAR’s estimate that there are 2.2 million homes for sale. The data shows that it’s overstated by a third.
There are actually approximately 1.7 million homes on the market (active inventory) right now.
Palos Verdes Real Estate Market Trends
Altos Research (I provide this as a free customer service to my clients) tracks homes for sale in the 900 most populous counties (colored blue above) around the US. The Palos Verdes real estate market trends I provide cover not only the cities of Palos Verdes Estates, Rolling Hills, Rancho Palos Verdes, Rolling Hills Estates and the unincorporated area of Palos Verdes Peninsula, but the Palos Verdes real estate market trends service also covers 
the Beach Cities and South Torrance (90505 and 90503 zip codes)
NAR doesn’t disclose precisely the methodology they use, but their data is sourced from participating MLS organizations. Palos Verdes real estate market trends that you find on many of the public portals, are obtaining their data from MLS sources. NAR’s estimates are influenced by the reporting structure in those member associations. Incidentally, Realtor.com claims to have 4.7 million homes for sale, but that’s clearly a meaningless marketing number (more is better, right?) It includes duplicates, empty land, and other flotsam. Disregard that number.
The truth is that all these numbers are estimates. The best way to know for sure is to count them all.
When Altos counts the data, including that for the Palos Verdes real estate market trends and adjust for those counties, the total is closer to 1.7 million. (Altos Research covers 90 million residential homes in all 50 states. It’s not *everything* but the rest is very rural, so it’s really useful, see map.)
Why are they over estimating? No, it’s not because the scoundrels are trying to trick you. My guess is that some of these estimates include properties that already have offers. The number properties in “pending” state can be as high as 100% of the active inventory in many markets this year. As listings get offers quickly, then take a month or more before the transaction closes, these properties sit in pending state. The hottest markets this is most true, for example Las Vegas and San Diego have had screaming demand and price appreciation this year. They have huge stocks of properties “pending”. Different regions give different labels to the condition, but the result is the same. The sale hasn’t “closed” so the listing is technically active. But the property really isn’t for sale any more. Is that active inventory? Our take is that these are not active. If you’re shopping for a home in that market, your Realtor isn’t going to show you a house that is already in some stage of contract with another buyer.
The lesson, as always, is read the headlines with a critical eye. And here is where you can sign up if you want the full scoop on the active housing inventory every week. This report includes supply/demand trends, inventory levels, sale rates and more. So in conclusion, if you want accuracy in learning what the Palos Verdes real estate market trends are so that you can more intelligently plan for how you offer on one of the Palos Verdes homes for sale, or if you own one of the wonderful Palos Verdes homes and are thinking of selling, my Palos Verdes Real Estate Market Trends reports are your source – and it’s free; I pay the subscription fee for you.
Subscribe here: http://www.homeispalosverdes.com/altos-research-for-palos-verdes-homes-south-bay-real-estate/
Find out more about Palos Verdes Real Estate Market Trends by using the “Market Trends” icon in the LifeStyle SpatialMatch™ Map Search below If you do not see the map, go to this site for original content http://www.homeispalosverdes.com/palos-verdes-real-estate-market-trends/
George Fotion, HomeIsPalosVerdes.com for ORIGINAL CONTENT
Culver City Downtown Luxury Rentals
Looking for Culver City Downtown Luxury Rentals?
Look no further than these brand new homes offered in 2 Bedroom, 3Bedrooms and Penthouse variations.
GO TO ORIGINAL CONTENT TO VIEW SLIDE SHOW:
Culver City Downtown Luxury Rentals
Downtown Culver City is more than just a neighborhood in Los Angeles. Downtown Culver City has everything you love about LA: great food, unique shops, art galleries, and culture galore. The Culver Villas is the perfect community to experience it all. The Culver Villas, premier Culver City Downtown Luxury Rentals, is nestled in historic Downtown Culver City on Irving Place- just off Washington Blvd./Culver Blvd. Grab a weekend brunch at one of the may nearby restaurants, head out to catch a movie or take in an art exhibition or stroll through a museum. If a relaxing weekend is on the agenda, take a stroll at one of the many local parks or take a short drive to the beach.
Our Irving Gill inspired contemporary, Mediterranean residences are characterized by open space and unique accents. These Cuver City Downtown Luxury Rentals are where you can enjoy a cocktail on your private terrace or join fellow residents for a BBQ on the roof top meeting point and enjoy views of the Hollywood sign and the local hills. These Culver City Downtown Luxury Rentals allow you to experience the high ceilings, natural light, and over-sized living areas, bathrooms, and closets. No attention has been spared
UNIT FEATURES |
BUILDING FEATURES |
GREEN FEATURES |
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Culver City Downtown Luxury Rentals Map
GO TO ORIGINAL CONTENT TO USE THE SEARCH MAP FOR CULVER CITY DOWNTOWN LUXURY RENTALS
Original Content: George Fotion, HomeIsPalosVerdes.com
Mobile apps for Palos Verdes Homes
Mobile apps for Palos Verdes Homes
Let’s face it, you’re not lugging around, even your light weight laptop, all the time, but you’ve got your smartphone in your purse, holster or pocket just about “always” these days.
And, if you’re a homeowner studying Palos Verdes homes, Beach cities homes or just traveling around a new area, wouldn’t it be great to have mobile apps for Palos Verdes homes search at your disposal? Maybe you’re thinking of putting your Palos Verdes homes on the market for sale and as your driving around, want to know what is listed for sale or what has sold that is your competition. Mobile apps for Palos Verdes Homes can help you study homes for sale and see details and pictures of sold homes.
Naturally, if you’re planning on buying one of the Palos Verdes homes for sale, or Beach cities homes for sale, having Mobile apps for Palos Verdes Homes instantly helps you spot deals because you have closed sales to compare what is now for sale.
But there are a few mobile apps for Palos Verdes homes out there. Why should you use mine?
Because it’s better! Let me explain. With my mobile apps for Palos Verdes homes, you get direct access to more properties in the
MLS anywhere, anytime. What many buyers and sellers don’t realize about third party real estate apps is that the property information doesn’t always come straight from the MLS. That means it’s often times out-of-date or inaccurate. According to a study by a major national real estate data provider, more than 15% of homes presented as actively for sale on third party apps were not identified within the MLS records of active listings.
With my mobile apps for Palos Verdes homes, listing data is updated every 15 minutes, meaning that what you’re seeing is the latest and most accurate info available. Also, because my mobile apps for Palos Verdes homes has agreements with more than 400 MLSs, you have access to more real estate information than is available on other third party apps. In the same study by this national real estate data provider, a survey of available properties found that more than a quarter of available properties were not showing within these same third party apps. How can you make decisions that serve your interests without having the best information?
How to get Mobile Apps for Palos Verdes Homes
ORIGINAL CONTENT FOR THIS ARTICLE IS FOUND HERE: http://www.homeispalosverdes.com/mobile-apps-palos-verdes-homes/
George Fotion, HomeIsPalosVerdes.com
Palos Verdes Home Prices :: Long Term Trend
Palos Verdes Home Prices
This post is going to be short and sweet; right to the point. What are Palos Verdes Home Prices doing? In the tradition of a “Picture is worth a Thousand Words”, let me just show you.
Now this tells us where prices have been and where they are now, but it doesn’t tell us where prices might go. There’s an entire different set of metrics that goes into that calculations. You’re welcome to call or email to discuss; feel welcome to use the “Contact” popup on this page (lower right corner). As in all 
“asset classes” there are only two forces that affect price. And the dynamics causing an effect on Palos Verdes Home Prices are simply Supply and Demand.
Can these forces be measured for Palos Verdes Home prices? I believe they can and you can get a clue here
One of the newest hi-tech applications on my site is the “Market Trend” button on the SpatialMatch™ Palos Verdes homes search map.
It’s really easy to use, so just go to the home page of my site at http://www.homeispalosverdes.com, then scroll down a bit until you see the map. That’s it. While I’ve highlighted the “Market Trends” button, don’t forget to explore the other options. I’m getting great feedback on the help videos accessible on the right hand side of the map.
Let me know if you need any help. We can schedule a “GoToMeeting”. Use the “Contact” popup.
Aside from Palos Verdes Home Prices, how about just searching for Palos Verdes homes for sale
[GO TO ORIGINAL CONTENT TO USE THIS FEATURE]
For original content, George Fotion, HomeIsPalosVerdes.com
And here, you can type in just about any zip code or city to learn more about market dynamics. Give it a try. Wondering what your home is worth? Scroll all the way to the bottom of this page and use the free tool. Whether it’s Palos Verdes home prices or home prices just about anywhere in the country, you can type in an address and get information on how the market might value the property. Go to original content to use the SmartHomePrice feature
Palos Verdes Pictures and more
Palos Verdes Pictures and more South Bay vistas by one of the most wonderful photographers who truly is in love with the South Bay; Randy Ruby … you’re the best!
MUCH OF THE CONTENT HERE WILL NOT DISPLAY CORRECTLY, PLEASE VISIT THE ORIGINAL CONTENT OF THIS ARTICLE HERE:
http://www.homeispalosverdes.com/palos-verdes-pictures/
A Message From Randy:
Randy Ruby Photography News~Flash. Questions, please send me a private message by clicking the *Contact* Link at the very Bottom of this Page, Facebook Private Message. Or call me at (310)748-2094. Or By Appointment 1726 Esplanade Ave, #2, Redondo Beach. 90277 Email Directly randyrubyphotography@earthlink.net
I am unveiling my Totally New Web Site Highlighting my South Bay Beach Photography like never before! The New RandyRuby.com is ~LIVE~
- Homepage Slide Show with huge preview image. Sit back, turn on your favorite music and enjoy the show.
- New and unseen photos, Fun Shots, Artistic Shots Easy Ordering at My shop here at RandyRuby.com, open in all time zones 24/7 for your convenience.
- Purchase Prints or Fully Framed Prints right here on my web site with optional mounting or mats
- New Products Include Panoramic Images, Ready to hang in my fine art photography gallery with Art Giclée Museum Quality Canvas Prints, Metal Prints – Comment and let Friends know about your favorite photos
- Rate my Photos, Comment. I look forward to your feedback.
This is the beginning. More unseen shots to be added. More Products. Stay Tuned. I will keep you informed on my Facebook Business page.
And to find your dream home here, use this “SpatialMatch™” tool to find Palos Verdes homes and explore more Palos Verdes pictures.
Palos Verdes Pictures of Palos Verdes Homes for Sale
PALOS VERDES AND BEACH CITIES HOME SEARCH MAP FOUND AT THE ORIGINAL CONTENT OF THIS ARTICLE
George Fotion on Google+
Original Content for this article is here: George Fotion, HomeIsPalosVerdes.com