A FISBO ( real estate talk meaning for sale by owner) seller disappointed in the low turnout at his open house remarked to me last week, " There's is no traffic on The Hill (local lingo for the Palos Verdes Peninsula) this week. He was a bit perplexed. He lamented, "Just when I bring my property on the market, the market cools off."
Years of experience under my belt helped me reply. "It's August. This is family vacation month. It's also back-to-school month and all that entails." Shopping, registration and a host of school related activities plus last minute summer vacations takes precedence over open house visitation in this family oriented community.
Josh and I are winding down our summer with the sale of a home in South Shores, one of San Pedro's best neighborhoods if you're in the market for an ocean view property at a reasonable price compared to pricier Palos Verdes next door. After Labor Day we will list a home and close a sale in Redondo Beach.
Fall is one of the most invigorating times of the year with cooler nights and shorter days but still perfect for selling or buying a Palos Verdes property. Yes, the market may be in the middle of its summer doldrums, but fall is just around the corner.
If a real estate move is still on your 2014 calendar Charlemagne Int'l Properties would love to help you make it happen.