The Market Is Still Moving But Why?


Because some people just have to move…just like the last economic downturn and in any market, there’s always reasons people decide to buy, sell or rent.   Fundamentally, the circumstances that usually lead people to sell regardless of the market conditions are divorces, trust sales (death of owner) or job changes (transfers, hires or loss of). These…

By Dan O'Connor 04/20

Why this won’t be like 2008!


How can we compare this to what happened in the Real Estate market in 2008-2009? In 2008 and 2009 the financial world was coming to an end! Large institutions and small companies were going bankrupt along with a ton of individuals. It was a very scary time filled with uncertainty and fear. But, we got through…

By Dan O'Connor 03/20

The Hermosa Beach Strand Report 2019 Year In Review


2019 was a lot like 2018 with only 6 properties selling on the Hermosa Beach Strand. That number is down from 2017 when we had 10 sales total. In 2019, we had 2 new home sales- both speculative developments that took a very long time to sell and we also had a couple “land value”…

By Dan O'Connor 03/20

Selling The Family Home


Photo of 709 Bayview Dr, Manhattan Beach So last month, I put my parent’s (Mom and Stepdad) house in escrow…As I am writing this, it’s in escrow and looks like it is going to stick! My mom and Stepdad are both Real Estate Brokers and have been in the business (until recently) over 40 years!…

By Dan O'Connor 10/19

What’s Trending In Spec Homes in 2019


Over the last 8 years, “spec building” or speculative development has come back since the downturn. The biggest change in the local spec market is basements. Basements have become a huge part of new home building in the South Bay like never before. A few years ago, there were only a few homes built with…

By Dan O'Connor 10/19