Silicon Beach Buyer Edge News • 06 10 22

Happy Weekend!

It's hard to believe we started the year just five months ago with 3%-ish interest rates! Fast forward a mere five months and we're sitting at 5%+. 😳😨

Are you afraid you missed your opportunity to buy or sell? Are the headlines convincing you we're headed for a housing crash? I unpack all of this in my latest blog post.

I know you have questions with everything going on right now in the market. Grab a slot on my calendar or drop by my zoom office hours. I love answering questions and I've blocked off the time just for the purpose of answering your questions! Come by and say hi.

Meanwhile, the tables below show the most recent local MLS data, which just dropped at the end of the month. Nothing dramatic appears in that data. Two of the graphics below show a flattening of median price, but none show a drop. Read more about my thoughts on The Trendline. Some of the data below represents lagging indicators, but I can share more details when we talk.

Local Trendlines

Below are the general trends for a couple of our Silicon Beach communities. Let us know how we can help you discover the trendline for your target community. Text the word TRENDLINE to 424.228.9969.

You'll hear us talk a lot about trendlines. Why do we make a big deal about them? If the trends favor sellers, it's one negotiation strategy for buyers and if the trends favor buyers, it's another. We regularly report on Venice, Westchester and Manhattan Beach. Read more on GetTheTrendline.com.

Want a trendline report for another neighborhood or property type? Text the word TRENDLINE to 424.228.9969 and we'll get you fixed up. 
 

Real Estate Buyer News This Week

Here are links to a couple of news items we saw this week that might be interesting to you as a property buyer in Silicon Beach:

• The Sky Is Falling - NOT

• Prices Up Again In Westchester, Especially Kentwood

• Are You Buying Your Next Home With A Trust?

• What Does The Rest Of The Year Hold For The Housing Market?

• A Recession Does NOT Equal A Housing Crisis

Some Fun Stuff

Here are a couple of links to lifestyle events and information to help you get to know our community better:

• We All Scream For Ice Cream

• Beachside Restaurants

• Delightful Places To Sip Outdoor Cocktails

• U-Pick Strawberry Farms

• Rooftop Bars

• Things To Do In LA This Weekend (always a very eclectic round up!)

Have a great week!
Tracy & Team Silicon Beach Properties

P.S. Do you know somebody else who wants to buy real estate? Please forward this 💯 buyer-focused newsletter. ❤❤

P.P.S. Listings information presented below is customizable on request. Interested in sold listings, for example, but not the for the city shown? Text the word HEY to 424-228-9969 and we'll get you what you need.
 

Get To Know Manhattan Beach

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