Palos Verdes Lifestyle - Norma Toering 310-493-8333

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Fall Thoughts About the Palos Verdes Real Estate Market

"I guess we missed the best time to sell this year."  A Palos Verdes home owner who is considering selling a property recently made this statement.  

 

My reply was, "Not necessarily."  We went on to discuss the merits of listing a property during the fourth quarter of the year.  Yes, the holidays are on the way and hopefully for parched Southern California El Nino is approaching as well.  However, the real estate market rolls on through all kinds of weather, calendar events and economic ups and downs.

 

I often relate my personal story of purchasing a Palos Verdes home between Christmas Day and New Year's Day in 1989.  I flew into L.A, viewed about 20 properties in various locations and drilled down my location of choice as Palos Verdes.  Before I left L.A.  to return home to Florida (and after staying up most of the night comparing properties on paper and in my mind) I notified the agent to write an offer on the Rancho Palos Verdes house that was the best fit for my family and finances.

 

Back in the pre-Internet and e-signature days the process was a bit more laborious and time consuming, but within the week we were in escrow and I was back home in Florida.  It was a home purchased at the height of the holiday season.  Yes, there really are buyers shopping for houses during the holidays.

 

To read more about the pros and cons of listing your property during the autumn months click here.

Sell Smart, Buy Wise and Live Well

Norma Toering - Real Estate BrokerNorma Toering & Team
Broker-Owner - Charlemagne International Properties
310.493.8333 - Email Norma

 

 

 

 

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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.

Comments

Good morning, Norma! This is an interesting read. Thank you for sharing this! Have a great day ahead!

Posted by Katerina Gasset, Get It Done For Me Virtual Services (Get It Done For Me Virtual Services ) almost 3 years ago

Fall is a great time to sell a Palos Verdes property.

Posted by Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A. (Charlemagne International Properties) almost 3 years ago

Norma,  I agree that buying and selling does happen all year. I've been out with clients on Christmas Eve showing homes.  Fall may actually be a better time ... given the competition in the market.

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) almost 3 years ago

Kathleen - I worked the day after Christmas last year--and the day before.  Serious buyers are ready to buy during the holidays.

Posted by Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A. (Charlemagne International Properties) almost 3 years ago

Norma Toering Broker for Palos Verdes and Beach Cities - Excellent timing on sharing your story of home buying during the holidays.  Buyers that are out looking at properties all year long and those out during November, December and January are very serious buyers and should not be missed by serious sellers! Great post!   

Posted by Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com, Tahoe Real Estate Agent Helping Buyers and Sellers (Coldwell Banker, Tahoe City, CA (530) 414-1260) almost 3 years ago

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