Check this space often for updates on the Palos Verdes market as well as interesting historical information on PV from a firsthand witness (me).
ARCHIVED BLOG POSTS
Much has been written about the causes of the current economic situation, from the unqualified buyer, the predatory lender, and right on thru to the ultimate trusting investor. Some has even addressed appraisals, but there is a problem with appraisals I've not seen discussed anywhere: The purpos...
Do you remember the old carnival ride where you climbed into a big 30 foot diameter cylinder and stood against the wall? The thing began rotating, pressing you against the wall, and then some nutcase removed the floor from beneath your feet. However, you were held in place by centrifugal force,...