In addition to being a great real estate agent, Patty can offer local news and events about the community where you want to live. Read her blog.
What’s in Store for 2018? While it’s impossible to know for sure, experts analyze current trends to predict what may happen.
Home prices and values are expected to rise modestly.
Home prices have been increasing around the country, with cities such as Dallas, Portland and Seattle experiencing the largest year-over-year price gains.1 In fact, Washington has experienced the fastest rise in housing prices in the United States over the past few years.2 While the National Association of Realtors anticipates 2018 home prices will rise by 3.5 percent, Freddie Mac predicts they’ll increase 4.9 percent.3 This percentage may seem modest, but for cities such as Detroit, Las Vegas, Phoenix and San Diego, rising home prices may continue the 2017 trend of creating more pressure in the market.1 The good news is home values in 28 states have risen to above pre-crisis peaks and are at an all-time high.2
Rental prices are no longer increasing at the rate of home prices in most areas.4 Although the leveling off of rental prices may take some financial pressure off renters, for those thinking of buying, it’s a good time to turn their dream of homeownership into reality.
Excerpted from Buffini & Company. Used by Permission. See more in this full report! Click to download the January 2018 Real Estate Market Insights Report.
North Redondo Beach and San Pedro top the sales chart with 517 sales in North Redondo and 495 sales in San Pedro. Hermosa Beach and Manhattan Beach remain at the highest price per square foot of the homes sold in those areas at $1377.00 and $1115.05 respectively. On the Palos Verdes Peninsula, the City of Rolling Hills remains the highest price per sq ft at $745.80.
Of course, each and every property is unique in its own way, so please don’t hesitate to give me a call if I can put together a complimentary Current Market Analysis on the value of your present home.
Click to download the report here for the last month of 2017. Real Estate Sales Statistics from December 2017 for the South Bay of Los Angeles
Providence Little Company of Mary Foundation announced that Patty Sullivan has been named an Emeritus Trustee.
“Patty has completed 14 years on the Foundation Board, sharing her talents on many committees. She served on the Women’s Wellness Conference, was co-chair in 2003, and was on the Sellabration Gala Committee. Patty led the Foundation Board as chair, and also served as vice chair. She was on the Mission Committee for nine years and Board Development Committee for seven years. Patty served on the Major & Planned Gifts, Visioning Committee for San Pedro, and helped launch the Women & Children’s Campaign.”
Explore LA for the holidays!
Winter Edition 2017-2018 for the South Bay! I’ve created this handy postcard you can print and put on your fridge for fun holiday events this month to help ring in the holidays and the winter season here in beautiful Los Angeles.
Click the links below for more information on each event
Candy Cane Lane in Torrance – 6 p.m. to 10 p.m. every night until January 1st – Enter at PCH and Calle Mayor in Torrance, Calif.
Read the article by Scotty Claus in SouthBay Magazine about how a local business owner rescued a holiday tradition in downtown Manhattan Beach.
Here is an excerpt:
The first year was rough. We carted over 70 trees onto the pier just as a major storm hit that weekend. I ran out to the pier at 5 a.m. to see that nearly every tree been knocked over and there was soil and trees everywhere. We bought bungee cords and strapped every one of them to the railing.”
It’s the holiday season and time to gather together to celebrate the gift of family and friendship.
Whether you host a party every year or it’s your first one, here are some tips to help you plan a party that’s fun, festive and friendly.
Set a Budget
- List Potential Expenses: Invites, Decorations, Entertainment, Food & Drinks.
- Prioritize where you’d like to spend the most money.
- Choose a Venue – Reserve your choice as soon as you choose a date or host the party at your own home to cut costs.
Create Your Guest List & Send Invites
Although your budget may dictate the size of your party, the type of party can help control the budget, for example: sit-down dinners are more expensive then buffet-style dinners and email invitations are less expensive than mailed ones.
Plan Your Entertainment
- Have fun with Music! Use a digital service like Spotify or Pandora to create a playlist.
- Rent or borrow a Karaoke Machine.
- Encourage guests to wear festive attire; offer a prize for best outfit.
- Create Goody bags for kids in attendance.
- Hold a Secret Santa Exchange or White Elephant Gift Swap.
Plan Your Menu
- Catered: Hire as soon as possible for holiday season.
- Cooking Yourself: Host a Brunch Buffet.
- Plan a Potluck: Supply the main dish and ask for sides and desserts from guests.
- Save Money on Drinks: Create a Signature Drink and stock up on soda, water, and apple cider
- Reuse old decorations or borrow from family & friends.
- Use natural items like pine cones & branches. Make popcorn strings and paper snowflakes.
- When the season is over, purchase holiday décor on sale for next year!
At the End of the Party
- Buy food storage containers ahead of time to send people home with leftovers and treats.
- If you have centerpieces of flowers, send them home with a few of your guests or use them as prizes.
- If you have a Polaroid or instant camera, take photos throughout the party or set up a photo booth. Allow guests to keep the photos or send them with a handwritten note after the party.
If you are looking for handmade gifts for Christmas, check out the Torrance Craft Fair this weekend at The Torrance Cultural Arts Center from 9 a.m. to 4 p.m. on Saturday and Sunday.
Offered by the Torrance Craftsmen’s Guild.
Location: Torrance Cultural Arts Center (Madrona & Torrance Blvd.)
Hours: 9 am – 4 pm, November 18-19, 2017
Real Estate Sales Report for Los Angeles’s South Bay
October 2017 Real Estate Sales Statistics for the South Bay cities of Los Angeles which I hope you will find helpful. Rancho Palos Verdes, North Redondo, and Manhattan Beach have had the highest number of sales for the year to date, while Rolling Hills, Rolling Hills Estates, and San Pedro have not had significant turn-over. Manhattan Beach and Hermosa Beach are the most expensive homes averaging $1217.25 and $949.90 per square ft. respectively.
Patty Sullivan, a Palos Verdes-based Realtor, was named by Vista Sotheby’s International Realty, with offices in Manhattan Beach, Hermosa Beach, Redondo Beach and Palos Verdes one of its top producers for 2016.
I am very proud and pleased to be included in the announcement of all the top producers as the #8 Realtor for 2016.
Thank you to all or my clients for putting their trust in me and making 2016 another successful year. I am never too busy for referrals. Please contact me for any questions about buying or selling a home in the South Bay.
I am pleased to report my latest property sold for my client is the renowned Casa Felicia, built in 1925 in Palos Verdes Estates.
Here is a video about the property