March 2012

There’s Nothing New About 3-Day Old News

By | March 28th, 2012|Buyer Tip, Front Page, Palos Verdes Drive South, Palos Verdes View Homes, Seller Tip|

    Few things disappoint a prospective buyer more than arriving too late to make an offer on a property.   It appears the slumbering South Bay real estate market is waking with renewed energy and zest this spring.  There is nothing new about 3-day old news in an active real estate market.   How could this happen?   There are many real estate websites online.  Most buyers begin their search on the Internet.  The Internet sites have an information data exchange (IDX) agreement with local real estate boards and the real estate websites are permitted to place new listings [...]

Pass the Peace Pipe

By | March 23rd, 2012|An Agent's Life, Buyer Tip, Front Page, Seller Tip|

The mini wars of real estate negotiations often resemble the big wars of mankind; there are two sides each fighting for the outcome they believe is right and fair--and most beneficial to them.  Disputes over territories often result in power struggles; transfers of property are filled with similar nuances.  Do you have to engage in battle to win the war, or is there a peaceful approach to this exchange of cash for keys?   Begin with the end in mind.  One party wants to sell and the other party wants to buy. This is a wonderful beginning and should be [...]

Demolition Work for New Waterfront Hotel in Redondo to Start this Fall

By | March 18th, 2012|Beach Cities, Front Page, Los Angeles, Manhattan Beach, Redondo Beach|

The owner of the Shade Hotel in Mahattan Beach (room picture) and numerous other beach cities businesses, Michael Zislis, said he plans to start the clearing and demolition work for his Shade Hotel Redondo this coming fall.  The waterfront, boutique hotel has been in the planning stages since 2008 and was on hold until voters passed the harbor zoning initiative Measure G in November 2010. From the Daily Breeze article by Douglas Morino: "Shade Redondo Beach will occupy 1.4 acres of city-owned land at 655 N. Harbor Drive, the site of a former Red Onion Restaurant and, most [...]

Things That Move Us

By | March 17th, 2012|An Agent's Life, Buyer Tip, Front Page, Inspiration, Seller Tip|

Birth, death, marriage, divorce, promotion, demotion, illness, age and debt can create the need to leave our current "nest" and venture out into the real estate world to seek a new one.  A new job or the loss of an old one may be the catalyst of change, or sometimes it's the desire to move forward with the pursuit of a postponed goal.  No matter what the reason, life can become chaotic once the decision to move is made. It can be especially challenging to move with children.  A young father considering a job offer in Los Angeles recently asked for advice on how [...]

Palos Verdes Neighborhoods with Most Multi-Million Dollar Home Sales

By | March 15th, 2012|Buyer Tip, Front Page, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Drive West, Palos Verdes Luxury Homes, Rolling Hills|

I wrote the original version of this article in 2011; it remains a perennial favorite for web search results, so perhaps it is time for a 2016 update on luxury home sales on the Palos Verdes Peninsula. First, the criteria bar for luxury homes has moved--upward to $3,000,000.  That change gives an indication of the condition of the uber-luxury home market in Palos Verdes. High ranking Palos Verdes Peninsula areas for luxury home sales in 2015-2016 (September to September).   Lunada Bay topped the luxury home sales list with 11 properties selling at or above $3,000,000.   Rolling Hills snagged second place [...]

Kindles and iPads for Palos Verdes Elementary Students

By | March 10th, 2012|Front Page, Palos Verdes, Palos Verdes Drive North, Palos Verdes Peninsula, Rolling Hills Estates|

If your elementary school age child attends Dapplegray Elementary School in Rolling Hills Estates they are in for a techie treat.  A new computer lab complete with iPads and Kindles will help the school's 650 kindergarten through fifth graders embrace the digital world.  The ribbon cutting ceremony is Sunday 3-5 PM and will be culmination of a six-year capital campaign.  I'm sure the students and staff will give a well-deserved shout-out to the major donors.   This is a wonderful example of the importance of education in the Palos Verdes Peninsula community.  The willingness of parents and residents to contribute to [...]

Sample of New Features

By | March 8th, 2012|Palos Verdes|

                Neighborhood blog posts now include interactive maps with homes for sale including photos & stats.  - March 2012    

Buyers Are Not the Statue of Liberty

By | March 6th, 2012|Front Page, Palos Verdes, Seller Tip|

 "Give me your tired, your poor,  Your huddled masses yearning to breathe free,   The wretched refuse of your teeming shore.  Send these, the homeless, tempest-tossed to me,    I lift my lamp beside the golden door!"  This quote comes from Emma Lazarus' sonnet, New Colossus, written for a fundraiser auction to raise money for the pedestal upon which the Statue of Liberty now sits.   I love this iconic lady and what she stands for--our willingness to open our doors to all who wish to enter.  Prospective buyers are not quite as forgiving.  If your property shows signs of being [...]

Rolling Hills Estates Plans Upgrades to Equestrian Center

By | March 4th, 2012|Front Page, Horse Property, Los Angeles, Palos Verdes, Rolling Hills Estates|

The City Council of Rolling Hills Estates approved the planning application for additions and upgrades to the city owned Peter Weber Equestrian Center. Over $1.7 million in work is currently proposed (funded by grants/propositions) and would finish around October. Per the PVP News article by Mary Scott, the Center "will get a state-of-the-art prefabricated steel barn at the back of the property, a new restroom, and a new covered area for feed, manure and shavings. There will be little to no changes to the existing barn at the front of the property, along Crenshaw Boulevard, and the riding rings, Planning [...]

Long Term Outlook for Los Angeles Beaches: Research Paper

By | March 4th, 2012|Beach Cities, Long Beach, Los Angeles, Palos Verdes|

The LA Times reported on a research paper looking in to the long term changes that could occur to our local Los Angeles beaches from rising sea levels.  The paper concluded that sandy beaches may face increased erosion and that many smaller beaches may shrink to the point that tourists no longer use them. The overall economic impact was studied for loss of tourism dollars in a meter rise of sea level and the Times article ranked "winner/loser" areas over the 100 year timescale.  For the Southbay, Manhattan Beach was expected to gain tourist money at an $8 million gain, [...]