It is spring and the signs are everywhere; especially in the real estate market. The second half of March was alive with new activity--my Goggle calendar greeted me each morning with a fresh list of proof the market is gathering momentum. This morning my cell phone rang a few minutes before 8:00 a.m--a buyer was out for a walk and saw the lawn sign at my new listing. In this age of instant gratification she called me while standing in front of the house. 
I am expecting an active April. Yesterday I showed buyers who plan to have their child in the Palos Verdes School system by September. Another prospective buyer who is currently renting thinks the time is right to purchase and has scheduled a day of house hunting this week. Interest rates and house prices are both sending a buy signal her way.
I'll be posting March real estate reports for Palos Verdes next week. I have not run the numbers yet, but I'm guessing pending and closed sales will be up. What better indicator of spring could there be? The historically low interest rates and realigned property prices will not last forever.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
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.
Find Norma on: Facebook - Twitter - LinkedIn - Email Norma
Palos Verdes Property Blog - Palos Verdes Homes Website
Palos Verdes Real Estate Search - More information on Palos Verdes
Subscribe via ActiveRain - Subscribe via Email - Start your own blog on activerain!
Sell Smart, Buy Wise and Live Well
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. 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. 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.
Find Norma on: Facebook - Twitter - LinkedIn - Email Norma
Palos Verdes Homes Blog - Palos Verdes Houses
Palos Verdes Horse Property - Palos Verdes Realtor Agent
Palos Verdes Coastal Homes - Los Angeles Home Search
Photos of Palos Verdes - Palos Verdes Videos
Palos Verdes Luxury Homes - Beach Cities Homes
Good News! I believe the market will pick up. In fact, I posted not long ago about what the warm weather will bring, too.
Linda - It's that primal nesting urge coming into play.
Since the rest of the nation usually follows CA's lead, I'm hoping you are right. We have had a good second half of March too. Good news can't get here fast enough.
Norma, yes it has been quite busy and let's hope that it keeps up for awhile. Have a great day.
Sounds like news is good in all areas - we're busier than ever up here too!
Wayne - I'm glad business in your area is picking up---spread the good news and help restore confidence in the housing market.
Kevin - Sharing good news is a great way to restore confidence in the market.
Susan - Perhaps a bit of global recovery is on the way.
Good news and GOOD LUCK! I wish you a great 2009!
Jared - An uptick in activity is a good indicator of future closed sales.
I have seen a pick/up in activity too over the past few weeks. Hopefully it will keep going.
I'm optimistic but not totally convinced of a turnaround yet. Tompkins County, NY (Ithaca, home of Cornell) is lagging the rest of the country in terms of trends. While showing activity for my own listings is at it's best ever for this weekend gone past, we have ONLY JUST seen our activity reduced substantially in terms of closed sales Jan. and Feb. of 09, while everyone else had this going on last year. Many contrasting signs, so it's very hard to anticipate direction. CA, we are rooting for you over here on the East Coast! Good luck to everybody...
I too have been seeing a big pick with lots of appointments and clients.
By the way, I had seen your avatar elsewhere and just had to stop by to see more of the camel.