Hollywood Riviera Fest in Redondo Beach Village...shows attitude is on the upswing!

The festival this weekend is packed with people of all ages, coming here to enjoy themselves. We have had alot of people come into our real estate office at Keller Williams Realty West in Redondo Beach, Ca  90277. I have personally spoken with lots of people at the fair, and the general attitude in the air here in the southbay is that of upbeat optimism. Many people think the bottom has bottomed out, at least here near the beach areas. And of course, they are correct. The beach is where everyone would like to be. So it only stands to reason that this area would not be troubled as much as other inland areas. The weather here for one is awesome compared to the valley? A breezy 82 degrees today as opposed to 115 in the valley? It never ceases to amaze me that this area is one of the best places on earth. I see more buyers coming out of the woodwork everyday...and it has helped that they made the conforming loan rate $729,500 here in southern ca. If they decide to go back to $417,000 it would be a shame and drive many buyers out of the market again...especially when they are just finally jumpin in. We still need to lower the interest rates though. Funny, the Fed saw mortgage applications fall 8.7 percent last weekafter raising the interest rates. Well, it didn't take a rocket scientist to figure that one out...geez!!! Easy folks, keep the rates low and make it easy for people to buy and they will come...make it difficult and they'll hightail it back to the hills. That's the update for now...thank god for the southbay! Now if you excuse me, I see a popsicle with my name on it...ciao! Sheyenne Schultz   "Need to sell or buy? Just call Shy! 310-429-4170 Your Redondo Beach area specialist!