Where Sales Are SlowingPosted on Sunday, November 28th, 2010 at 6:05pm.
That said, you can try this Redfin map list of open houses or the more traditional Beach Reporter list of opens if you've got time and a hankerin' for viewing.
South Bay Confidential column in the Daily Breeze, which discusses data on the sales pace in our grand region.
Looking at escrows closing in the 4 months from July 1 through Oct. 31 – the period in which most Summer deals close – we found a significant slowdown in some segments, comparing this year to last year, as well as to prior years.
The 3 beach cities (Redondo, Hermosa, Manhattan) saw a steep drop in sales, for instance, year-over-year. However, all of that drop is attributable to a dive in condo and TH sales, while SFRs crept up a tiny bit.
Check out the column for a bit more analysis of the data and a hypothesis or 2 to explain them.
More here on Monday looking at MB specifically.
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