This podcast is dedicated to residential real estate and income properties in the South Bay and Greater Los Angeles areas. Whether you are new to real estate or an experienced investor, everyone is welcome here. Richard has been working in real estate (developing, investing, selling) for over 11 years and wants to share what he has learned to help you succeed. There are no quick tips here, no get rich fast ideas...just real talk based on real experiences.
2020 South Bay Home Numbers Give Clarity to Unprecedented Market
What a crazy 2020 it was for our local South Bay real estate market. On today's podcast, we will be covering two topics: Topic #1: Richard shares 2020 year-over-year numbers versus 2019 year-over-year numbers for the four South Bay cities he covers, Manhattan Beach, Hermosa Beach, Redondo Beach, and the Palos Verdes hill. Topic #2: Richard shares which asset class is his top pick as we head into the second half of 2021. For more South Bay real estate insights, subscribe to Richard's weekly …
South Bay Real Estate: 2021 Fearless Predictions
On today's podcast, Richard will share some insight on market performance from the end of 2019 through 2020 since it was about as volatile of a market as we have ever seen. Then, he will share his annual real estate "fearless predictions" for the upcoming year. Prediction #1: South Bay home prices continue surge in the first half of 2021. Prediction #2: The "coming" foreclosure wave will be a non-event. Prediction #3: Condos/townhomes outperform in the second half of 2021. Prediction #4: Income properties and apartment buildings are primed for growth. Prediction #5: Long-Term Bet: The beginning of suburb growth, but cities are far from dead. For more South Bay real estate insights, subscribe to Richard's weekly blog at https://manhattanpacificrealty.com/blog/
South Bay Real Estate: A Powerful Run-Up, Sub-Market Performance, and Advice on Buying or Selling in 2021
What a year it has been. On today's podcast, we will be covering three topics: Topic #1: Richard shares what is causing this powerful run-up in the real estate market. Topic #2: Richard shares the top five best performing and top five worst performing South Bay sub-markets for 2020. And Topic #3: Richard shares how he is advising clients to prepare for 2021 for both buyers and sellers. For more South Bay real estate insights, subscribe to Richard's weekly blog at https://www.manhattanpacifi…
3. Black Lives Matter: A Glimpse Into Local Real Estate History
On today's podcast, I share history on systemic racism within our local real estate market. Some of the subjects touch on deed restrictions forbidding purchases by people of color, Supreme Court rulings, discriminatory practices by a Southwood (Torrance) developer, and Manhattan Beach's story of Bruce's Beach. These injustices still reverberate today. The senseless killing of George Floyd, and countless others, must stop. We must do more (and talk more) to bring change for an equitable society.
South Bay Real Estate: April Numbers, Dislocations, and Navigating a Pandemic
We are back but the real estate market numbers are way different than a year ago. On today's podcast, we will be covering three topics: Topic #1: Richard shares April 2020 year-over-year numbers on the local South Bay market. Topic #2: Richard shares dislocations that are beginning to form in our local marketplace and where they are being seen most. And Topic #3: Richard shares how he is advising clients how to navigate the market and their real estate portfolio during unprecedented times. …
1: Real Estate Markets are Efficient
On this episode, we will be diving into two topics: Topic #1 - 2019: The State of the Modern Residential Home Market. Here Richard shares insight and a real-life case study on how efficient the market really is on its own. Topic #2 - Richard shares year-over-year data on the local South Bay real estate markets and his anecdotal thoughts on what is going on. For more South Bay real estate insights, subscribe to Richard's weekly blog at https://www.manhattanpacificrealty.com/blog/