Today the birds are singing and the weather is sunny, a sure sign of spring. The lawns are green from the recent rains, but oddly enough they are not sprouting enough "For Sale" signs to replenish the dwindling supply of homes on the Palos Verdes Peninsula.

There were nine offers on a recent new listing priced well over $1,000,000. Obviously, the supply is not keeping up the demand. Some buyers are removing themselves from the multiple offer madness after submitting many offers and always losing out to a buyer with a better offer. From a market stopped dead in its tracks to a market moving with bullet train speed, it's a challenge to keep buyers and sellers aware of the market swings.
Sellers, if you're waiting for the spring housing market to pick up steam before listing your property, wait no longer.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.
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I welcome the opportunity to show off some of the finest homes in Palos Verdes.
high-end of $5,000,000 and up.
