Is the Hermosa Beach Real Estate Market Calming Down?
**Please note that this is a post from 2013 and the information and opinions are no longer current**
Hermosa Beach has seen prices rise as demand has boiled over due to several
months of very low home inventory but perhaps we’re starting to see that even out just a bit. The number of homes for sale has stayed relatively flat for 3 months now despite significant pressures due to pent up demand. Click to view the active homes for sale in Hermosa Beach.
In addition we’ve seen an increase in months of inventory due to a higher number of new listings as of late. Inventory had been slowly declining for the past 12 months with December reaching a low point of only 1.2 months of inventory on the market. January saw a jump up to 4 months but as Hermosa is a very small community numbers do tend to fluctuate on occassion.
.
Realtors and why, If done with the right motives, it’s so rewarding. In the stresses of an escrow, or in the challenges of a day of showing houses, it’s easy to lose sight of what selling a home can mean and for many it’s just another “deal”. But that’s not at all what this is about. I work with many first time home buyers and it is no exaggeration to think that this decision that I’m helping them make is nothing short of life altering. The home someone chooses is more than just granite counters, 2.5 bathrooms, corner lot, fixer or turn key….it is choosing a neighborhood, choosing neighbors, choosing schools, and even choosing a lifestyle. It’s about people…the people the home buyer doesn’t even know yet that may end up being friends for life.
