What do you know about the real estate market in Hermosa & Redondo Beach? Alison Clay-Duboff is a real estate agent with two awesome Bouviers dogs and expert insider knowledge of the market. Alison emphatically wants us to know why it’s a good time to buy in Hermosa & Redondo Beach.
Alison Clay-Duboff is a Realtor with RE/MAX Beach Cities- Manhattan Beach and a Movoto Partner Agent to boot. She services Hermosa Beach, Redondo Beach, Manhattan Beach, and Palos Verdes in California.
I’m a Real Estate junkie. I thrive on the energy, the tense anticipation of the counter offer lying in wait, I’m addicted to cortisol pumping – negotiating the best damn deal I can get my client. I dream in a techn-o-color palate of Brazilian cherry, dark walnut floor samples and paint chips.
The market is heating up.
How do I know the Market is heating up?
I judge my business not only by the number of current escrows and listings but by the quantity and quality of the offers I’m writing. I’m showing property. A lot of property; all types of property. I’m running in-between appointments. My phone is ringing, my texts are blowing up. Emails are mounting into the triple digits. I need THREE of me. My husband would settle for just the One of me, some of the time.
Today excitement is riding the wave of a healthier market. People aren’t scared, tentative. Buyers are decisive, serious and qualified. They’ve got their lenders on speed dial. They crave those keys at the end of the multicolored escrow rainbow.
Now let’s talk cash. It’s cool, crisp and very efficient when dealing with Real Estate. There is a lot of the green stuff these days. I just closed a deal in 8 days due to our lovely greenbacks; they are powerful. Over 35% of all transactions last year were cash.
Interest rates are low. Borrowing is cheap. My high net worth clients want loans; their cash isn’t doing much in the bank so let it INVEST…that’s what income property is for! What an idea. You’d be surprised how easy it is to get your hands on your very first income property.
Inventory is decreasing in the Hermosa Beach & Redondo Beach area, and the median home price is becoming extremely affordable:
While the average price/square foot has remained relatively the same for the past 6 months:
So, get out there. Get educated. Stop paying rent. Stop making smart investors (your landlord) rich and richer. Get out there and get your piece of the Real Estate pie. Now is the time.