Manhattan Beach and all Beach Cities: SOLD..Market Snapshot June 2007
By Kaye Thomas, e-PRO, Manhattan Beach CA
(Real Estate West)
The Strand in Hermosa Beach There is no question our local real estate market is slowing but then sales always slow in the summer. Last year at this time the South Bay/Beach Cities market was stalled.. as buyers just simply withdrew. I'm not seeing that this year as buyers are still coming to open houses and I'm getting a lot of inquiries from my websites. The market is in a real pickle right now as Buyers continue looking closely at prices and wondering if Sellers are going to stand firm or if there might be a little leeway as we hit mid year. Sellers, on the other hand, are wondering if Buyers will finally step up to the listed price or will continue to be selective about price. I suspect they will meet somewhere in the middle. I know there are a number of sellers who don't want to o...
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