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Home Prices Hit Another All-time High in June, Increasing 5.8% Year-over-year

According to the most recent Case-Shiller Home Price Index, home prices hit another all-time high in June, increasing 5.8% year-over-year. The index, which covers all nine U.S. census divisions, established a new peak for the seventh consecutive month. Although home prices were generally expected to begin cooling by now, don’t bet on a home price reversal just yet. The National Index reached a new high of 192.60, up from last month’s peak high of 190.61 and Los Angeles had the highest index reading at 263.57.

South Bay Digs • August 25, 2017

ON THE COVER Spanish Coastal: A picturesque Manhattan Beach walk street home balances a California classic style with modern beachside living presented by Ed Kaminsky of the Kaminsky Real Estate Group.

alison clay-duboff, 3248 parkhurst, Rancho Palos Verdes

Relisting Your Home: A Second Chance with Tactical Planning

Relisting a home can be successful with strategic planning. Address any issues that hindered the initial sale, consult your Realtor, and sell strategically by utilizing modern marketing tools. Adopt a buyer’s mindset, upgrade the property, and stage it effectively. Embrace the opportunity for an encore performance.

Builder confidence is up, home prices continue to rise, U.S. hits record levels

According to the recently released National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index, builder confidence is back on the rise after some concern over construction labor problems in the last report. The index rose 4 points from its July reading to 68, beating analysts’ consensus predictions of 65. “The fact that builder confidence has returned to the healthy levels we saw this spring is consistent with our forecast for a gradual strengthening in the housing market,” said NAHB Chief Economist Robert Dietz.

Westside Digs • August 18, 2017

ON THE COVER Brentwood Beauty: Impeccable finished and an oversized lot endowed this grand Cape Cod-style home with patrician style and elegance presented by Kim Pollard of Jenro Realty Company.

South Bay Digs • August 11, 2017

ON THE COVER Beach Beauty: A Coastal Modern abode in North Manhattan Beach offers supreme SoCal lifestyle presented by Richard Haynes of Manhattan Pacific Realty.

Westside Digs • August 4, 2017

ON THE COVER Views from the Valley: A well-designed home with seven bedrooms, a landscaped backyard, pool, sports court and generous chef-ready kitchen is a natural backdrop for the family who loves to entertain presented by Anthony Marguleas of Amalfi Estates.

South Bay Digs • July 28, 2017

ON THE COVER Seaside Elegance: A stately French manor just steps from the beach is a dream residence for the entertainer and art collector presented by George Apostol of The Watermark Group, LLC.

Westside Digs • July 21, 2017

ON THE COVER Private Paradise: Located in one of the most exclusively gated communities in Beverly Hills this elegant, secure estate defines the pinnacle of privilege presented by Timothy Di Prizito and Joyce Rey of Coldwell Banker Global Luxury, and Mauricio Umansky of The Agency.

South Bay Digs • July 14, 2017

ON THE COVER Easy Living: A modern waterfront building sets a new tone on the Esplanade in Redondo Beach presented by Raju Chhabria and Neil Chhabria of Chhabria Real Estate Company.