Jack McSweeney's South Bay California Blog

One thing we have to realize is that the Federal Reserve does not always react when it is obvious to those of us that see what is going on in the trenches! The FED today has now reacted to the situation :"The Federal Reserve, in a statement that underscores the deepening severity of developments ...

It was interesting reading yesterday in the Wall Street Journal about Bill Gross of the PIMCO bond fund based in Newport Beach, California. He is one of the most successful Bond fund managers in the United States if you look at his record over the past 15-20 years, averaging around 8% profits on ...

Sometimes a graph say's it all! These graph's show you exactly what the inventory is doing in Rancho Palos Verdes, California. As you can see the inventory of available single family homes has risen to ninety, from a low of seventy in February 2007, but notice the high last July when there were 1...

The Palos Verdes Peninsula Active listing Inventory is low. In the last six month the single family home inventory went from 289 active listings last September, all the way down to 130 now. Needless to say we are again seeing some multiple offer situations on the best listings. A total of 72 home...