If you're thinking about selling your home in the Ladera Linda neighborhood of Rancho Palos Verdes, CA this information will be particularly of interest. Based on reports from the housing gurus, 2015 will be a year of continued stabilization for the housing sector with a slower pace of increase in prices. An economist with Zillow predicted 2015 price gains will be around 2.5%, quite a difference from the 18+% gain of 2013 and this year's number of approximately 6%.
Based on this "Big Picture" of the housing market, the trickle down message to your local neighborhood is this: The housing market bounced back from the crash years, and has now reached stabilization. The big gain-backs are over, and more modest increases in price are the prediction for the immediate future. If you've been waiting for this market news before selling your home, it has arrived.
We can expect home owners to act on this news by deciding the time is right to sell their home and make the move that was postponed during the recession years. If you lost equity during the housing crash, it's back. If you were underwater with your mortgage exceeding the value of your home, chances are you now have enough equity to move up or down depending upon your life circumstances.
On an individual basis this means you can expect more of your neighbors to sell their houses in 2015. This will increase the local inventory and the local competition. The slower growth of equity negates the need to wait any longer. It doesn't make much sense to sell an asset growing at the rate of 18% per year, but such is no longer the case for homes in Ladera Linda, or other neighborhoods in the South Bay of Los Angeles.
When you're ready to start the selling process, we will be honored to help you from preparation of the property through the closing of escrow. With over 40 years of combined real estate experience, Josh and I will market your home around the world as well as to your next door neighbor. Our Internet presence is both global and local.
- Norma Toering, Broker-Owner of Charlemagne Int'l Properties
(310) 493-8333 or ToeringandTeam@gmail.com
Photos from our various Ladera Linda listings.
“Norma and Josh, I want to thank you for your dedication and commitment to the sale of my mom’s house. You turned this very emotional time into a positive experience. I cannot praise you enough, I feel so fortunate to have had the pleasure of meeting and working with you both. I appreciated the step by step information keeping me continually informed of each phase. Norma, I truly believe your vast experience and continued efforts, made this a reality. Toering and Team is definitely my realtor of choice!!!”
“Thank you for the exceptional manner in which you handled each and every challenge. You are the best!” “Thank you both for all your hard work. We had another pleasant experience with the Toering Team. You will be highly recommended in the future.”
– The Schneider Family
We sold two homes for this family!
Norma stopping by Ladera Linda during one of the PV broker's open house tours every week:
We will incorporate video marketing to help you reach more buyers as the world is a visual place these days!
Photos around the Ladera Linda neighborhood in RPV:
Homes for sale in Ladera Linda in Rancho Palos Verdes:
Sell Smart, Buy Wise and Live Well
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Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.