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Retiring Boomers and Move-up Buyers: A Game of Musical Homes in 2010?

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

I have several clients dreaming of retirement homes in the Greater Palm Springs area.  I have numerous buyers anxious to move their young families to the Palos Verdes Peninsula to take advantage of the award winning school district.  If lenders can provide the loans, I think 2010 will unleash pent-up demand on both fronts. 

 

If you are a seller who is anxious to move on to the next phase of life I think 2010 will find buyers anxious to purchase your Palos Verdes home.  Prices have come down, interest rates are very attractive and the recession is losing its grip on the nation.  It reminds me of late 1996 during the last housing downturn when we saw the first glimmer of signs the market was beginning to pick up.  Can buyer confidence be far behind? 

 

If selling your Palos Verdes home is in your 2010 plans, now is a great time to begin weeding out the clutter, lining up a painter and speaking with a real estate agent.  The spring market is right around the corner, especially in Southern California.  It is not unusual to see a fresh crop of listings appearing in February. 

More Seller Tips from Norma!

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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Comments (2)

Teral McDowell
Referral Patners LLC - Murphy, TX

I see signs of improvement in my area ~ that's hopeful.

Dec 23, 2009 09:01 AM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Teral - That is good news and I hope it only gets better in 2010.

Dec 25, 2009 09:28 AM