Tomorrow, January 7th, it will be 20 years since Billy was taken from his elephant family and home in Malaysia and brought to the Los Angeles Zoo, where, today, he lives in solitary confinement in a tiny, barren exhibit.

Help us bring attention to his plight — and the fact that the zoo’s planned $42 million elephant exhibit still will not provide the space that Billy and other elephants need to thrive — by attending this important event.

WHEN: Wednesday, January 7, 2009 at 9:30am (please arrive by 9:15am)
WHERE: L.A. City Hall, 200 N. Spring Street, L.A., 90012 — we will gather on the 1st Street steps, located on the south side of City Hall
WHAT: We’ll be holding signs identifying each of the 15 elephants who have died at the L.A. Zoo. Speakers will urge the L.A. City Council to do the right thing by canceling the elephant exhibit and sending Billy to a sanctuary. We will then speak before City Council at the start of the meeting during the public comment period (John Ferraro Council Chamber, Room 340); begins at approx. 10am. Please keep your comments positive, emphasizing the good that the city council can do for elephants by shutting down the elephant exhibit.

Thank you for all you do to help Billy! Stay tuned for information on upcoming city meetings regarding closing the L.A. Zoo elephant exhibit and sending Billy to a sanctuary.

For more information, please email zoos@idausa.org or call Catherine at 323-301-5730.

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, Santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

No seller can require that the buyer purchase title insurance from any particular title insurance company. This rule pertains to transactions involving a federally-related mortgage loan for one-to-four residential units as defined under the Real Estate Settlement Procedures Act (RESPA) (12 U.S.C. section 2608). Although this is a well-established rule under RESPA, it bears repeating given the recent upsurge in REO transactions.

REO transactions are not exempt from RESPA requirements. If an REO lender chooses the title insurance company, as is often the case, it cannot require directly or indirectly, as a condition to selling the property, that the buyer purchase the title insurance policy.

An REO lender that violates this RESPA requirement can be, among other things, held liable to the buyer in the amount equal to three times all charges made for such title insurance.

Moreover, anyone who believes that RESPA has been violated may file a complaint (and may request confidentiality) to the U.S. Department of Housing and Urban Development (HUD). For more information about filing a RESPA complaint, click here http://www.hud.gov/offices/hsg/sfh/res/respamor.cfm#HE2.

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, Santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

The South Bay Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

During the Winter season, South Bay home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 2007 homes for sale in South Bay and 393 sold. Translation, under current market conditions, in any given month, you have about a 1 in 5 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks.

The Numbers Don’t Lie, Here Is What’s Happening:
On January 1, 2009, there were 2007 active listings for sale in the South Bay Market (Areas 107-193): 1325 Houses; 330 Townhouses; and 352 Condominiums.

In the past year, there were 4646 homes sold in South Bay (between 1.01.07 and 12.31.08): 3135 Houses; 898 Townhouses; and 613 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 2.3 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 152 days, Townhouses will be on the market an average of 132 days, and Condominiums should be on the market an average of 206 days.

Market Recap for the Month of December, 2008
When one compares the December results with the yearly result, we find that there is an approximately 5.1 month inventory of homes for sale in South Bay.

Broken down by specific property type, we find that there is a 4.7 month inventory of Houses, a 5.4 month inventory of Townhouses, and a 6.9 month inventory of Condominiums on the market in South Bay. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low.

For more information regarding the South Bay and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

South Bay Home Sales by the Numbers
393 sold in December 2008
245 sold in December 2007

2007 Current Active Listings
1325 Houses
330 Townhouses
352 Condos

393 Sold in December 2008
281 Houses
61 Townhouses
51 Condos

464 Contingent & Pending in December 2008
312 Houses
76 Townhouses
76 Condos

393 Expired in December 2008
268 Houses
75 Townhouses
50 Condos

245 Sold in December 2007
154 Houses
61 Townhouses
30 Condos

460 Sold in December 2006
312 Houses
100 Townhouses
48 Condos

473 Sold in December 2005
301 Houses
117 Townhouses
55 Condos

667 Sold in December 2004
420 Houses
173 Townhouses
74 Condos

664 Sold in December 2003
457 Houses
134 Townhouses
73 Condos

753 Sold in December 2002
487 Houses
171 Townhouses
95 Condos

636 Sold in December 2001
409 Houses
156 Townhouses
71 Condos

593 Sold in December 2000
387 Houses
127 Townhouses
79 Condos

253 Expired in December 2007
171 Houses
54 Townhouses
28 Condos

367 Expired in December 2006
240 Houses
81 Townhouses
46 Condos

247 Expired in December 2005
169 Houses
50 Townhouses
28 Condos

159 Expired in December 2004
106 Houses
35 Townhouses
18 Condos

170 Expired in December 2003
133 Houses
28 Townhouses
9 Condos

251 Expired in December 2002
199 Houses
36 Townhouses
16 Condos

275 Expired in December 2001
208 Houses
47 Townhouses
20 Condos

249 Expired in December 2000
188 Houses
47 Townhouses
14 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com

Los Angeles Animal Services DEMO WRAP UP! (To see photos, click here).

Los Angeles, December 20th, 2008: Activists picketed two of the most influential deputy LA city mayors who have the ability to save the lives of animals inside LAAS by a stroke of their pen.

First up was Robin Kramer at 123 North Arden in Los Angeles; Kramer is Chief of Staff for Mayor Antonio Villaraigosa. Did you know that Villaraigosa is so abhorrent, he and his staff are cutting money from the spay/ neuter budget blaming it on the city’s budget crises? The money they’re cutting for spay/neuter is such a small percentage of the city’s spending, they would have been better off cutting Ed Boks’ six figure salary and other do nothing LAAS administrators in order to keep the money needed for spay/neuter.

But the Mayor’s priorities, as well as his Mayoral staff, are so slanted against life-saving opportunities, and their behavior towards the animals of our city so reprehensible, that they are surely going to be remembered as one of the worst administrations this city has ever had. Laura Chick the comptroller who has been a critic of LAAS for years, has even come out publicly and stated that another entity within the private sector should come in to help the mismanaged department of animal services- we only wish SHE was running for Mayor against Villaraigosa!

LAAS is so completely backward in it’s operations, so archaic and so stuck in a 1950’s catch-and-kill mind set, that activists are forced to continue their pickets against those who are responsible for this slaughter of homeless and lost animals– and Kramer was the first to be picketed.

Most of Kramer’s neighbors were sympathetic and even embarrassed that they have someone like Robin Kramer living on their street; one even came out and apologized and said Kramer is a Bi**h!” But Kramer’s next door neighbors are as nasty, inconsiderate and self-centered as Kramer is. When picketers were walking on the public side walk, the next door neighbor turned on their sprinklers just as activists were walking by drenching their posters as the male who turned them on stood laughing. Activists asked him if he would laugh seeing animals being dragged to the kill rooms?

Then the same neighbor pulled his gas-guzzling SUV blocking the sidewalk therefore preventing activists from walking on pavement held in public trust and paid for by the tax payers! Activists notified police and even the po-po realized when they arrived that the neighbors ridiculous antics were unlawful (although they didn’t cite them, which of course they should have.) However, activists intend to bring a civil suit against these neighbors who not only violated the rights of picketers, but who have also physically assaulted activists in the past and continue their criminal behavior. Picketers have decided to begin fighting back in the courts and becoming pro active rather then allowing their rights to be continuously violated and simply turning the other cheek.

The next stop was Dan Grunfeld at 2307 Duxbury Circle in Los Angeles; the last time activists picketed his neighborhood, his next door neighbor Michael Wisotsky and a sidekick pulled out a shot gun and hand gun on legal picketers! This time activists called ahead for police protection, and this time Wisotsky came running out of his home with his pants undone and his underwear and privates hanging out for all to see! He began screaming at activists and then called police. Activists figured he must have been on the potty when he heard the picketers and ran out without pulling up his pants! This guy is 100 percent certifiably nuts and dangerous.

Deputy Mayor Dan Grunfeld must be so proud to live next to a neighbor of this caliber; but Grunfeld himself isn’t much better! When a small petite female picketer attempted to leave a leaflet on the windshield of Dan Grunfeld’s vehicle, Grunfeld yelled “Don’t put that fuc**ing leaflet on my car; get the fu** out of here.” Nice words from the deputy Mayor of the city of Los Angeles!! But despite these antics, picketers continued their legal picket and neighbors began coming out of their houses to see what all the fuss was about. Activists explained to the neighbors the slaughter going on inside LAAS and how Grunfeld is responsible for allowing this unnecessary murder to continue.

All in all, it was a day on which the founding fathers of this country were sure to be rolling over in their graves. The Constitutional rights they fought so hard for and the Bill of Rights they scribed, which protects individuals rights to picket and seek redress of grievances, is apparently lost on some people who could care less about animals being killed and their murder paid for by tax money because of a corrupt city administration. It boggles the mind that certain individuals have hearts that are so full of stone, but it seems that those are the individuals who make up the Mayoral staff these days.

Activists felt very good about the day because they knew in their hearts that the animals would be so proud that they are continuing to take a stand on their behalf and not just sitting on the sidelines complaining about the animals fate inside LAAS.

The San Pedro Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

As we head into Winter, San Pedro home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 242 homes for sale in San Pedro and 35 sold. Translation, under current market conditions, in any given month, you have about a 1 in 7 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks at least until the “sub-prime” mortgage meltdown crisis is figured out.

The Numbers Don’t Lie, Here Is What’s Happening:
On December 1, 2008, there were 242 active listings for sale in the San Pedro Market (Area 179-193): 152 Houses; 14 Townhouses; and 76 Condominiums.

In the past year, there were 388 homes sold in San Pedro (between 12.01.07 and 11.30.08): 231 Houses; 67 Townhouses; and 90 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 1.6 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 240 days, Townhouses will be on the market an average of 75 days, and Condominiums should be on the market an average of 300 days.

Market Recap for the Month of November 2008
When one compares the November results with the yearly result, we find that there is an approximately 6.9 month inventory of homes for sale in San Pedro.

Broken down by specific property type, we find that there is a 6.3 month inventory of Houses, a 4.7 month inventory of Townhouses, and a 9.5 month inventory of Condominiums on the market in San Pedro. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low. For those hoping that the market will cool, any advantage obtained by waiting for prices to decrease may be offset by higher interest rates.

For more information regarding the San Pedro and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 for Free Recorded Information 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

San Pedro Home Sales by the Numbers
35 sold in November 2008
20 sold in November 2007

242 Current Active Listings
152 Houses
14 Townhouses
76 Condos

35 Sold in November 2008
24 Houses
3 Townhouses
8 Condos

20 Expired in November 2008
12 Houses
0 Townhouses
8 Condos

54 Contingent & Pending in November 2008
42 Houses
3 Townhouses
9 Condos

20 Sold in November 2007
13 Houses
6 Townhouses
1 Condos

49 Sold in November 2006
27 Houses
10 Townhouses
12 Condos

64 Sold in November 2005
39 Houses
14 Townhouses
11 Condos

64 Sold in November 2004
37 Houses
15 Townhouses
12 Condos

77 Sold in November 2003
54 Houses
11 Townhouses
12 Condos

83 Sold in November 2002
52 Houses
17 Townhouses
14 Condos

84 Sold in November 2001
39 Houses
24 Townhouses
21 Condos

54 Sold in November 2000
31 Houses
11 Townhouses
12 Condos

13 Expired in November 2007
10 Houses
2 Townhouses
1 Condos

28 Expired in November 2006
16 Houses
4 Townhouses
8 Condos

11 Expired in November 2005
11 Houses
0 Townhouses
0 Condos

8 Expired in November 2004
5 Houses
0 Townhouses
3 Condos

8 Expired in November 2003
5 Houses
1 Townhouses
2 Condos

8 Expired in November 2002
6 Houses
1 Townhouses
1 Condos

14 Expired in November 2001
10 Houses
0 Townhouses
4 Condos

19 Expired in November 2000
11 Houses
1 Townhouses
7 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com

The Palos Verdes Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

As we head into Winter, Palos Verdes home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 312 homes for sale in Palos Verdes and 26 sold. Translation, under current market conditions, in any given month, you have about a 1 in 12 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks at least until the “sub-prime” mortgage meltdown crisis is figured out.

The Numbers Don’t Lie, Here Is What’s Happening:
On December 1, 2008, there were 312 active listings for sale in the Palos Verdes Market (Area 160-177): 242 Houses; 23 Townhouses; and 47 Condominiums.

In the past year, there were 490 homes sold in Palos Verdes (between 12.01.07 and 11.30.08): 389 Houses; 39 Townhouses; and 62 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 1.6 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 224 days, Townhouses will be on the market an average of 212 days, and Condominiums should be on the market an average of 273 days.

Market Recap for the Month of November 2008
When one compares the November results with the yearly result, we find that there is an approximately 12 month inventory of homes for sale in Palos Verdes.

Broken down by specific property type, we find that there is a 11.5 month inventory of Houses, a 23 month inventory of Townhouses, and a 11.8 month inventory of Condominiums on the market in Palos Verdes. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low. For those hoping that the market will cool, any advantage obtained by waiting for prices to decrease may be offset by higher interest rates.

For more information regarding the Palos Verdes and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 for Free Recorded Information 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

Palos Verdes Home Sales by the Numbers
26 sold in November 2008
45 sold in November 2007

312 Current Active Listings
242 Houses
23 Townhouses
47 Condos

26 Sold in November 2008
21 Houses
1 Townhouses
4 Condos

44 Expired in November 2008
37 Houses
2 Townhouses
5 Condos

39 Contingent & Pending in November 2008
28 Houses
3 Townhouses
8 Condos

45 Sold in November 2007
34 Houses
4 Townhouses
7 Condos

54 Sold in November 2006
41 Houses
4 Townhouses
9 Condos

59 Sold in November 2005
50 Houses
4 Townhouses
5 Condos

63 Sold in November 2004
49 Houses
6 Townhouses
8 Condos

69 Sold in November 2003
54 Houses
6 Townhouses
9 Condos

75 Sold in November 2002
55 Houses
10 Townhouses
10 Condos

72 Sold in November 2001
55 Houses
8 Townhouses
9 Condos

64 Sold in November 2000
51 Houses
6 Townhouses
7 Condos

20 Expired in November 2007
17 Houses
1 Townhouses
2 Condos

28 Expired in November 2006
22 Houses
3 Townhouses
3 Condos

15 Expired in November 2005
13 Houses
0 Townhouses
2 Condos

8 Expired in November 2004
8 Houses
0 Townhouses
0 Condos

13 Expired in November 2003
13 Houses
0 Townhouses
0 Condos

20 Expired in November 2002
20 Houses
0 Townhouses
0 Condos

32 Expired in November 2001
30 Houses
1 Townhouses
1 Condos

22 Expired in November 2000
20 Houses
1 Townhouses
1 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com

The South Redondo Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

As we head into Winter, South Redondo home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 138 homes for sale in South Redondo and 22 sold. Translation, under current market conditions, in any given month, you have about a 1 in 6 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks at least until the “sub-prime” mortgage meltdown crisis is figured out.

The Numbers Don’t Lie, Here Is What’s Happening:
On December 1, 2008, there were 138 active listings for sale in the South Redondo Market (Area 155-157): 37 Houses; 61 Townhouses; and 40 Condominiums.

In the past year, there were 246 homes sold in South Redondo (between 12.01.07 and 11.30.08): 82 Houses; 106 Townhouses; and 58 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 1.8 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 162 days, Townhouses will be on the market an average of 207 days, and Condominiums should be on the market an average of 248 days.

Market Recap for the Month of November 2008
When one compares the November results with the yearly result, we find that there is an approximately 6.3 month inventory of homes for sale in South Redondo.

Broken down by specific property type, we find that there is a 4.6 month inventory of Houses, a 6.1 month inventory of Townhouses, and a 10 month inventory of Condominiums on the market in South Redondo. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low. For those hoping that the market will cool, any advantage obtained by waiting for prices to decrease may be offset by higher interest rates.

For more information regarding the South Redondo and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 for Free Recorded Information 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

South Redondo Home Sales by the Numbers
22 sold in November 2008
22 sold in November 2007

138 Current Active Listings
37 Houses
61 Townhouses
40 Condos

22 Sold in November 2008
8 Houses
10 Townhouses
4 Condos

15 Expired in November 2008
4 Houses
7 Townhouses
4 Condos

20 Contingent & Pending in November 2008
6 Houses
9 Townhouses
5 Condos

22 Sold in November 2007
7 Houses
9 Townhouses
6 Condos

35 Sold in November 2006
13 Houses
13 Townhouses
9 Condos

38 Sold in November 2005
17 Houses
9 Townhouses
12 Condos

30 Sold in November 2004
9 Houses
15 Townhouses
6 Condos

37 Sold in November 2003
10 Houses
14 Townhouses
13 Condos

32 Sold in November 2002
8 Houses
14 Townhouses
10 Condos

34 Sold in November 2001
11 Houses
15 Townhouses
8 Condos

38 Sold in November 2000
8 Houses
16 Townhouses
14 Condos

10 Expired in November 2007
2 Houses
4 Townhouses
4 Condos

14 Expired in November 2006
3 Houses
4 Townhouses
7 Condos

11 Expired in November 2005
2 Houses
6 Townhouses
3 Condos

4 Expired in November 2004
2 Houses
2 Townhouses
0 Condos

5 Expired in November 2003
3 Houses
2 Townhouses
0 Condos

9 Expired in November 2002
7 Houses
1 Townhouses
1 Condos

7 Expired in November 2001
3 Houses
3 Townhouses
1 Condos

3 Expired in November 2000
1 Houses
2 Townhouses
0 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com

The North Redondo Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

As we head into Winter, North Redondo home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 107 homes for sale in North Redondo and 20 sold. Translation, under current market conditions, in any given month, you have about a 1 in 5 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks at least until the “sub-prime” mortgage meltdown crisis is figured out.

The Numbers Don’t Lie, Here Is What’s Happening:
On December 1, 2008, there were 107 active listings for sale in the North Redondo Market (Area 151-154): 42 Houses; 55 Townhouses; and 10 Condominiums.

In the past year, there were 370 homes sold in North Redondo (between 12.01.07 and 11.30.08): 162 Houses; 193 Townhouses; and 15 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 3.5 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 93 days, Townhouses will be on the market an average of 103 days, and Condominiums should be on the market an average of 240 days.

Market Recap for the Month of November 2008
When one compares the November results with the yearly result, we find that there is an approximately 5.4 month inventory of homes for sale in North Redondo.

Broken down by specific property type, we find that there is a 4.7 month inventory of Houses, a 5 month inventory of Townhouses, and a 0 month inventory of Condominiums on the market in North Redondo. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low. For those hoping that the market will cool, any advantage obtained by waiting for prices to decrease may be offset by higher interest rates.

For more information regarding the North Redondo and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 for Free Recorded Information 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

North Redondo Home Sales by the Numbers
20 sold in November 2008
25 sold in November 2007

107 Current Active Listings
42 Houses
55 Townhouses
10 Condos

20 Sold in November 2008
9 Houses
11 Townhouses
0 Condos

11 Expired in November 2008
1 Houses
10 Townhouses
0 Condos

28 Contingent & Pending in November 2008
11 Houses
17 Townhouses
0 Condos

25 Sold in November 2007
10 Houses
15 Townhouses
0 Condos

49 Sold in November 2006
20 Houses
29 Townhouses
0 Condos

51 Sold in November 2005
15 Houses
35 Townhouses
1 Condos

73 Sold in November 2004
28 Houses
45 Townhouses
0 Condos

62 Sold in November 2003
22 Houses
40 Townhouses
0 Condos

64 Sold in November 2002
27 Houses
36 Townhouses
1 Condo

51 Sold in November 2001
25 Houses
26 Townhouses
0 Condos

53 Sold in November 2000
25 Houses
27 Townhouses
1 Condo

8 Expired in November 2007
2 Houses
5 Townhouses
1 Condos

24 Expired in November 2006
15 Houses
8 Townhouses
1 Condos

7 Expired in November 2005
4 Houses
3 Townhouses
0 Condos

7 Expired in November 2004
4 Houses
2 Townhouses
1 Condos

4 Expired in November 2003
0 Houses
3 Townhouses
1 Condos

15 Expired in November 2002
8 Houses
7 Townhouses
0 Condos

7 Expired in November 2001
4 Houses
3 Townhouses
0 Condos

14 Expired in November 2000
6 Houses
8 Townhouses
0 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com

The El Segundo Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

As we head into Winter, El Segundo home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 51 homes for sale in El Segundo and 3 sold. Translation, under current market conditions, in any given month, you have about a 1 in 17 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks at least until the “sub-prime” mortgage meltdown crisis is figured out.

The Numbers Don’t Lie, Here Is What’s Happening:
On December 1, 2008, there were 51 active listings for sale in the El Segundo Market (Area 141): 23 Houses; 15 Townhouses; and 13 Condominiums.

In the past year, there were 105 homes sold in El Segundo (between 12.01.07 and 11.30.08): 61 Houses; 25 Townhouses; and 19 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 2.1 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 136 days, Townhouses will be on the market an average of 216 days, and Condominiums should be on the market an average of 240 days.

Market Recap for the Month of November 2008
When one compares the November results with the yearly result, we find that there is an approximately 17 month inventory of homes for sale in El Segundo.

Broken down by specific property type, we find that there is a 0 month inventory of Houses, a 7.5 month inventory of Townhouses, and a 13 month inventory of Condominiums on the market in El Segundo. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low. For those hoping that the market will cool, any advantage obtained by waiting for prices to decrease may be offset by higher interest rates.

For more information regarding the El Segundo and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 for Free Recorded Information 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

El Segundo Home Sales by the Numbers
3 sold in November 2008
6 sold in November 2007

51 Current Active Listings
23 Houses
15 Townhouses
13 Condos

3 Sold in November 2008
0 Houses
2 Townhouses
1 Condos

3 Expired in November 2008
1 Houses
0 Townhouses
2 Condos

6 Contingent & Pending in November 2008
3 Houses
2 Townhouses
1 Condos

6 Sold in November 2007
3 Houses
2 Townhouses
1 Condos

6 Sold in November 2006
3 Houses
1 Townhouses
2 Condos

9 Sold in November 2005
5 Houses
4 Townhouses
0 Condos

19 Sold in November 2004
15 Houses
2 Townhouses
2 Condos

15 Sold in November 2003
12 Houses
2 Townhouses
1 Condos

8 Sold in November 2002
4 Houses
3 Townhouses
1 Condos

17 Sold in November 2001
14 Houses
1 Townhouses
2 Condos

11 Sold in November 2000
5 Houses
5 Townhouses
1 Condos

3 Expired in November 2007
2 Houses
1 Townhouses
0 Condos

4 Expired in November 2006
4 Houses
0 Townhouses
0 Condos

0 Expired in November 2005
0 Houses
0 Townhouses
0 Condos

1 Expired in November 2004
1 Houses
0 Townhouses
0 Condos

1 Expired in November 2003
1 Houses
0 Townhouses
0 Condos

3 Expired in November 2002
2 Houses
0 Townhouses
1 Condos

1 Expired in November 2001
0 Houses
0 Townhouses
1 Condos

1 Expired in November 2000
1 Houses
0 Townhouses
0 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com

The Rancho Dominguez Hills Real Estate Market Authority

From the desk of Greg M. Ingerson, Attorney At Law

As we head into Winter, Rancho Dominguez Hills home sellers should begin to see a gradual decrease in the number of showings and inquiries for their home over the next few weeks.

Last month, the MLS summary showed that there were 38 homes for sale in Rancho Dominguez Hills and 3 sold. Translation, under current market conditions, in any given month, you have about a 1 in 13 chance of selling your home.

In other words, when pricing your home, the practice of adding a “Pad” or “Cushion” to make room for negotiating is not advisable in this market.

As an informed Home Seller, you should understand that with an increase in inventory “supply” there is a corresponding decrease in demand.

Home Sellers should pay close attention to “Current Buyers.” Similar homes that have recently “Sold” tell us what people are willing to pay for this kind of home, in this area, at this time.

Information about similar homes “Currently for Sale” tells us what we are competing against. Buyers considering your home are also inspecting these homes.

Moreover, “Expired” listings tell us what people are not willing to pay for this kind of home, in this area, at this time.

Home Sellers in this market should realize that buyers in today’s market will not overpay for a home and even if they would, the bank will not loan more than the home is worth when it doesn’t appraise.

So what can we expect? Demand should decrease a little over the coming weeks at least until the “sub-prime” mortgage meltdown crisis is figured out.

The Numbers Don’t Lie, Here Is What’s Happening:
On December 1, 2008, there were 38 active listings for sale in the Rancho Dominguez Hills Market (Area 138): 34 Houses; 3 Townhouses; and 1 Condominiums.

In the past year, there were 34 homes sold in Rancho Dominguez Hills (between 12.01.07 and 11.30.08): 34 Houses; 0 Townhouses; and 0 Condominiums.

What this means is that on a yearly average, the inventory is currently turning over at a rate of approximately 0.9 times per year.

Broken down even further by specific property type, we find that given the current absorption rates, we can expect Houses to be on the market an average of 360 days, Townhouses will be on the market an average of 0 days, and Condominiums should be on the market an average of 0 days.

Market Recap for the Month of November 2008
When one compares the November results with the yearly result, we find that there is an approximately 12.7 month inventory of homes for sale in Rancho Dominguez Hills.

Broken down by specific property type, we find that there is a 11.3 month inventory of Houses, a 0 month inventory of Townhouses, and a 0 month inventory of Condominiums on the market in Rancho Dominguez Hills. (Based on current absorption rates).

How should a Seller approach the market? The key in today’s market is proper pricing. If you are thinking of selling, now may be the best time to put your Home on the market for the foreseeable future before any additional interest rate increases are implemented.

How should a Buyer approach the market? For buyers, this is a good time to be in the market while sellers are willing to negotiate price and while interest rates are still low. For those hoping that the market will cool, any advantage obtained by waiting for prices to decrease may be offset by higher interest rates.

For more information regarding the Rancho Dominguez Hills and/or greater Los Angeles Real Estate Markets, please visit our website at http://www.LAHomeSearch.com for FREE information or give our office a call at 310.908.2172 for Free Recorded Information 24 Hours a Day.

- Sell Your Home In 120 Days or We’ll Sell It For Free
- Buy a Home With NO Money Down
- FREE Seller Reports Sell Your Home Fast And For Top Dollar
- FREE Buyer Reports – Get The Most Home For Your Money
- FREE Over The Net Home Evaluation
- Find Out What The House Down The Street Sold For
- Virtual Tours
- And much more

Rancho Dominguez Hills Home Sales by the Numbers
3 sold in November 2008
0 sold in November 2007

38 Current Active Listings
34 Houses
3 Townhouses
1 Condos

3 Sold in November 2008
3 Houses
0 Townhouses
0 Condos

3 Expired in November 2008
3 Houses
0 Townhouses
0 Condos

9 Contingent & Pending in November 2008
9 Houses
0 Townhouses
0 Condos

0 Sold in November 2007
0 Houses
0 Townhouses
0 Condos

1 Sold in November 2006
1 Houses
0 Townhouses
0 Condos

1 Sold in November 2005
1 Houses
0 Townhouses
0 Condos

1 Sold in November 2004
1 Houses
0 Townhouses
0 Condos

4 Sold in November 2003
4 Houses
0 Townhouses
0 Condos

2 Sold in November 2002
1 Houses
1 Townhouses
0 Condos

3 Sold in November 2001
3 Houses
0 Townhouses
0 Condos

2 Sold in November 2000
2 Houses
0 Townhouses
0 Condos

2 Expired in November 2007
2 Houses
0 Townhouses
0 Condos

1 Expired in November 2006
1 Houses
0 Townhouses
0 Condos

1 Expired in November 2005
1 Houses
0 Townhouses
0 Condos

0 Expired in November 2004
0 Houses
0 Townhouses
0 Condos

0 Expired in November 2003
0 Houses
0 Townhouses
0 Condos

1 Expired in November 2002
1 Houses
0 Townhouses
0 Condos

0 Expired in November 2001
0 Houses
0 Townhouses
0 Condos

0 Expired in November 2000
0 Houses
0 Townhouses
0 Condos

To search for bank owned properties on the market go to http://www.LAHomeSearch.com

To search for Southern California Real Estate including real estate in Beverly Hills, Brentwood, santa Monica, and Malibu go to http://www.LAHomeSearch.com

For Los Angeles Real Estate go to http://www.LAHomeSearch.com

To search for “For Sale By Owner” properties in the Los Angeles Real Estate Market visit http://www.FSBO.LAHomeSearch.com

Thinking of Selling? To get the most Money, Fastest Sale, and the Fewest Problems, visit http://www.LAHomeSearch.com

About the Author
Greg M. Ingerson, Attorney At Law & Real Estate Broker, is a real estate Broker with LA Home Search in Los Angeles, California. To learn more about the Los Angeles Real Estate Market, please visit http://www.LAHomeSearch.com