https://www.redfin.com/CA/Torrance/2563-Plaza-del-Amo-90509/unit-209/home/7653671
https://www.redfin.com/CA/Torrance/2751-Gramercy-Ave-90501/home/8143892
Monday, December 27, 2021
Torrance Comps, You 850K+
https://www.redfin.com/CA/Torrance/1534-Marcelina-Ave-90501/unit-C/home/7651556
RE Negotiation
https://www.skiser.net/Our-Writings/2017/November/The-C-A-R-Residential-Purchase-Agreement.aspx
https://stormoenlaw.com/blog/2015/12/22/liquidated-damages-in-a-typical-california-residential-real-estate-contract
https://dre.ca.gov/files/pdf/refbook/ref20.pdf
https://images.kw.com/docs/3/1/9/319871/1329755697058_residential_purchase_agreement_guide.pdf
https://www.nar.realtor/sites/default/files/documents/Housing-is-Critical-Infrastructure-Social-and-Economic-Benefits-of-Building-More-Housing-6-15-2021.pdf
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https://www.ocregister.com/2021/09/07/ibuyers-purchase-record-number-of-southern-california-homes-zillow-reports/
https://www.ocregister.com/2019/03/18/ibuyer-companies-want-to-buy-your-southern-california-home/
RE: iBuyer 1% Los Angeles, Foreclosures 2022
LA City Council Moves To Ban Companies Like Zillow From Buying Homes
https://laist.com/news/housing-homelessness/zillow-opendoor-redfin-rockethomes-ibuyers-ibuying-los-angeles-city-council-home-buying
iBuying isn’t all that common in Southern California. This year, iBuyers have purchased about 1% of all the homes sold in the L.A. area, according to a recent report from Zillow.
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Zillow
https://www.zillow.com/research/zillow-ibuyer-report-q2-2021-30011/
Mortgage foreclosures rise as moratorium ends: Options for homeowners who might be at risk
September 17
https://www.foxbusiness.com/personal-finance/mortgage-foreclosures-rise-moratorium-ends-options-homeowners
Attorney General Bonta Reminds Tenants and Homeowners of Their Rights and Protections Under California Law
https://oag.ca.gov/news/press-releases/attorney-general-bonta-reminds-tenants-and-homeowners-their-rights-and
Foreclosure Prevention for Property Owners
https://dcba.lacounty.gov/foreclosure-prevention/
Sunday, December 26, 2021
Real Estate Market 12/26/2021
Conclusion:
Sell High.
Sell Soon.
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Supply Shortage is a major reason for the active real estate market.
Low Inventory is giving Seller's the advantage.
People are Not listing their homes for sale.
New constructions are slow because of Covid.
Material prices are high. Also, labor shortage.
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Demand is good.
Many people are paying cash.
Some of the wealth is inherited.
Investors are buying houses.
Low interest rates.
(But interest rates may go up in 2022.)
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In southern California (e.g., Los Angeles, Orange County, San Diego),
houses sell in 12 days (median time to offer acceptance).
Sales price is above listing.
Multiple Offers are common.
Luxury market is more competitive.
More expensive houses are going up more.
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CPA and Real Estate Agent, 12/21/2021
https://youtu.be/8sWlmSSGISI
Supply: Low Inventory
https://www.redfin.com/news/housing-market-update-record-low-supply-of-homes-for-sale/
Housing Market
https://www.redfin.com/news/housing-market-news/
U.S. Housing Market
https://www.redfin.com/us-housing-market#supply
Investors: LA #5, Charlotte #4
https://www.bizjournals.com/memphis/news/2021/12/06/redin-house-market-home-omicron-variant.html
Sunnyvale Home Sells For More Than $800,000 Over Asking Price
https://youtu.be/ti8BadJVlzY
SF 3.5 million, 1 million over, sold in 3 days (at 4:33)
https://youtu.be/5qeOai-tnxY
Saturday, December 18, 2021
Real Estate Agents
https://www.redfin.com/real-estate-agents/janice-sadler
https://www.compass.com/agents/georgia-ferrigno/
https://www.bhhs.com/california-properties-ca301/santa-monica/jake-sullivan/cid-3028304
https://suzannedyer.com/
Thursday, December 16, 2021
Real Estate Comparables
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28667 Vista Madera
Rancho Palos Verdes, CA 90275
$700,000 December 2021 Listing
3 beds , 1436 sq ft
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28509 Vista Madera
Rancho Palos Verdes, CA 90275
$635,000 Sold October 5, 2021
2 beds , 1122 sq ft
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Vista Tierra
28514 Vista Tierra
Rancho Palos Verdes, CA 90275
$740,000 Sold August 18, 2021
3 beds , 1565 sq ft
https://www.compass.com/agents/georgia-ferrigno/
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28627 Vista Madera
Rancho Palos Verdes, CA 90275
$685,000 Sold July 6, 2021
3 beds , 1455 sq ft
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28635 Vista Madera
Rancho Palos Verdes, CA 90275
$707,000 Sold July 2, 2021
2 beds , 1122 sq ft
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Strathmore
1727 Hollifield Ct
Rancho Palos Verdes, CA 90275
$695,000 Sold December 15, 2021
3 beds , 1240 sq ft
http://www.joeyvanleuven.com/about
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Caddington (LaPointe)
1813 Caddington Dr
Unit 20
Rancho Palos Verdes, CA 90275
$645,000 Sold August 2, 2021
2 beds , 1295
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Gardens
1822 Mount Shasta Dr, San Pedro, CA 90732
$761,000 Sold on October 7, 2021
4 beds , 1595 sq ft
Jake Sullivan CA DRE# 01970185
https://www.bhhs.com/california-properties-ca301/santa-monica/jake-sullivan/cid-3028304
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Gardens
1550 Stonewood Ct
San Pedro, CA 90732
$750,000 Sold Nov. 30, 2021
3 beds , 1595 sq ft
Armando Mendoza with Class A Realty Inc.
https://classarealty.com/agent-detail/Armando-Mendoza/169938/
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1648 Stonewood Ct
San Pedro, CA 90732
https://www.realtor.com/realestateandhomes-detail/1648-Stonewood-Ct_San-Pedro_CA_90732_M25138-48732
Janice Sadler
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2177 Stonewood Ct
San Pedro, CA 90732
Georgia Ferrigno with COMPASS
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Jake Sullivan
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Eric Britton
https://www.bhhscp.com/california-properties-ca322/redondo-beach/eric-britton/cid-1074867
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Suzanne Dyer
Saturday, December 11, 2021
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