Palos Verdes Horse Property with an Ocean View

May 19, 2013 in Front Page, Horse Property, Lifestyle in Palos Verdes, Palos Verdes Peninsula, Rolling Hills, Rolling Hills Estates

blog horse with girl riding

It’s okay to want it all.  Later today, I’ll be meeting with a buyer new to Palos Verdes but already in love with this hilly peninsula that juts skyward from the ocean’s edge.   After a recent stay at Terranea Resort, this first-time visitor to PV must have thought she landed in a horse lover’s paradise.  Actually, Palos Verdes is certainly “horse friendly” but it is equally appealing to those seeking a view property, or simply a more relaxed pace of life.

 

We will be shopping for a second home and it can be either a small horse property with easy access to the miles and miles of riding trails that lace the hills and canyons, or it can be a nice little bungalow close to the ocean and not too far away from boarding stables and riding trails.  It’s a gorgeous Southern California day and eight homes are on the show list.  Maybe we will find it all–a Palos Verdes horse property with an ocean view.

 

It’s okay to want it all, and we will certainly be trying to find it!

Palos Verdes Horse Property

May 15, 2013 in Front Page, Horse Property, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Drive South, Rolling Hills, Rolling Hills Estates

 

Horses in Rolling Hills

If you are in the mood to saddle up your horse and go for a leisurely ride you might want to consult the Palos Verdes Peninsula Horsemen’s Association Trail Guide.  It is the only complete guide to the equestrian trails of the Palos Verdes Peninsula.  Maps feature all of the equestrian trails superimposed on an aerial map.

The PVPHA Guide sells for $20, plus tax, and includes an equine service directory.  The Trail Guide may be purchased at the General Store in Rolling Hills Estates, plus tack and feed stores or you may order it from PVPHA, P.O. Box 4153, Palos Verdes Peninsula, CA  90274.

In the market to purchase a horse property? The gated community of Rolling Hills offers some of the finest equestrian estates in Southern California.  Riding trails lace the hillsides and snake along the canyon bottoms. Enjoy magnificent ocean views and expansive vistas of the Los Angeles area from your horseback vantage point.  Rolling Hills Estates is noted for its many equestrian neighborhoods also.

Would you like to tour equestrian estates online?  If so, simply contact Toering and Team and  I will send you an e-list of  horse properties currently for sale in Rolling Hills and Rolling Hills Estates.

Hikers, a horse is not required to enjoy the trails of Palos Verdes!

- Norma Toering -
Broker Associate at REMAX Estate Properties
(310) 493-8333

Rolling Hills Home Sales – April 2013 – Palos Verdes CA

May 3, 2013 in Palos Verdes, Rolling Hills

Rolling Hills in California

Rolling Hills neighborhood real estate and home sales report for Rolling Hills in Palos Verdes, CA in April 2013.

Rolling Hills is a gated city located at the top of the Palos Verdes Peninsula. The main entrance is off Palos Verdes Drive North with secondary entrances at Crenshaw and Crest Road as well as Palos Verdes Drive East. Rolling Hills is well known for its equestrian estates, large lots and privacy. The views are spectacular too!

Rolling Hills homes for sale:

Showing properties 1 - 12 of 12. See more Rolling Hills Homes for Sale.
(all data current as of 5/22/2013)

  1. 5 beds, 5 full baths
    Home size: 3,772 sq ft
    Lot size: 1.97 ac
    Year built: 1963
    Parking spots: 8
    Days on market: 9
  2. 5 beds, 1 full, 4 part baths
    Home size: 5,734 sq ft
    Lot size: 1.37 ac
    Year built: 1952
    Parking spots: 6
    Days on market: 14
  3. 7 beds, 3 full, 3 part baths
    Home size: 5,452 sq ft
    Lot size: 2.36 ac
    Year built: 1965
    Parking spots: 6
    Days on market: 26
  4. 4 beds, 2 full baths
    Home size: 2,877 sq ft
    Lot size: 2.15 ac
    Year built: 1948
    Parking spots: 4
    Days on market: 37
  5. 4 beds, 2 full, 2 part baths
    Home size: 4,040 sq ft
    Lot size: 1.16 ac
    Year built: 1960
    Parking spots: 6
    Days on market: 79
  6. 5 beds, 6 full, 2 part baths
    Home size: 7,928 sq ft
    Lot size: 4.77 ac
    Year built: 2009
    Parking spots: 6
    Days on market: 79
  7. 5 beds, 4 full, 1 part baths
    Home size: 4,545 sq ft
    Lot size: 1.60 ac
    Year built: 2009
    Parking spots: 4
    Days on market: 82
  8. 6 beds, 8 full baths
    Home size: 11,996 sq ft
    Lot size: 2.62 ac
    Year built: 2000
    Parking spots: 8
    Days on market: 105
  9. 5 beds, 2 full, 6 part baths
    Home size: 8,000 sq ft
    Lot size: 4.39 ac
    Year built: 1991
    Parking spots: 8
    Days on market: 131
  10. 5 beds, 4 full, 3 part baths
    Home size: 6,000 sq ft
    Lot size: 6.37 ac
    Year built: 1951
    Parking spots: 6
    Days on market: 139
  11. 7 beds, 7 full, 3 part baths
    Home size: 14,374 sq ft
    Lot size: 4.47 ac
    Year built: 1983
    Parking spots: 4
    Days on market: 231
  12. 4 beds, 4 full baths
    Home size: 4,000 sq ft
    Lot size: 1.09 ac
    Year built: 2006
    Parking spots: 6
    Days on market: 380

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Rolling Hills homes currently in escrow:

Rolling Hills homes that sold in the last 12 months:

The Market Changed. Have You?

May 1, 2013 in Beach Cities, Buyer Tip, Front Page, Hermosa Beach, Manhattan Beach, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Real Estate News, Redondo Beach, Rolling Hills, Seller Tip

The Housing Market Came Roaring Back

Real estate is back in the news with leading stories to whet a viewer’s appetite for more details, and this time it’s not falling prices, foreclosures or strategic defaults.   What began as a whisper last fall turned into a raging roar with the arrival of 2013.  Last night a national news story flashed a map showing a one-year increase in prices of 14% from February 2012 to February 2013 for the greater Los Angeles housing market.

Indeed, the housing market has changed.  Have you and your plans?  If you were waiting for the bottom, you missed it.  If you were waiting for the market to improve before selling, it has.  Are there still good buys?  Yes, but the definition of “good buy” is very fluid these days.  Prices have not yet reached the dizzying heights of 2007 but predictions are prices will continue to rise throughout the year.

In my observations of the housing market behavior, the decline can be slow and painful and occur over several years, but there is a big bounce off the bottom giving the market a momentum to reclaim lost ground with astonishing speed.  Yesterday, as I toured new listings, I noted properties sporting price tags higher than my expectations, and realized, I too, must adjust the value calculator in my head to the new market conditions.

If you are a buyer in this market you will most likely need to lower your expectations of what your budget will buy.  It may be time to expand your search area and your “must have” criteria.  If you are a seller and your life was on hold during the housing crash, it’s time to dust off your delayed plans and move forward with selling your property.

In a perfect world, the market ascent would be slow and predictable.  The only thing I can promise is I can’t predict when the current climb will stall or when the market will take another fall.  There is undoubtedly enough pent-up demand to drive the market for some time.  An increase in interest rates will slow an over-heated market.  The addition of inventory will slow the market and reduce the frenzy of bidding wars and multiple offers.

I dream of working in a balanced market, but if I’ve learned one thing in over 20 years in the business, a balanced market comes and goes in the blink of an eye.  It is never here to stay.

Rolling Hills Home Sales – March 2013 – Palos Verdes CA

April 30, 2013 in Palos Verdes, Rolling Hills

 Rolling Hills Homes

Rolling Hills neighborhood real estate and home sales report for Rolling Hills in Palos Verdes, CA in March 2013.

Rolling Hills is a gated city located at the top of the Palos Verdes Peninsula.   The main entrance is off Palos Verdes Drive North with secondary entrances at Crenshaw and Crest Road as well as Palos Verdes Drive East.  Rolling Hills is well known for its equestrian estates, large lots and privacy.  The views are spectacular too!

Rolling Hills homes for sale:

Showing properties 1 - 12 of 12. See more Rolling Hills Homes for Sale.
(all data current as of 5/22/2013)

  1. 5 beds, 5 full baths
    Home size: 3,772 sq ft
    Lot size: 1.97 ac
    Year built: 1963
    Parking spots: 8
    Days on market: 9
  2. 5 beds, 1 full, 4 part baths
    Home size: 5,734 sq ft
    Lot size: 1.37 ac
    Year built: 1952
    Parking spots: 6
    Days on market: 14
  3. 7 beds, 3 full, 3 part baths
    Home size: 5,452 sq ft
    Lot size: 2.36 ac
    Year built: 1965
    Parking spots: 6
    Days on market: 26
  4. 4 beds, 2 full baths
    Home size: 2,877 sq ft
    Lot size: 2.15 ac
    Year built: 1948
    Parking spots: 4
    Days on market: 37
  5. 4 beds, 2 full, 2 part baths
    Home size: 4,040 sq ft
    Lot size: 1.16 ac
    Year built: 1960
    Parking spots: 6
    Days on market: 79
  6. 5 beds, 6 full, 2 part baths
    Home size: 7,928 sq ft
    Lot size: 4.77 ac
    Year built: 2009
    Parking spots: 6
    Days on market: 79
  7. 5 beds, 4 full, 1 part baths
    Home size: 4,545 sq ft
    Lot size: 1.60 ac
    Year built: 2009
    Parking spots: 4
    Days on market: 82
  8. 6 beds, 8 full baths
    Home size: 11,996 sq ft
    Lot size: 2.62 ac
    Year built: 2000
    Parking spots: 8
    Days on market: 105
  9. 5 beds, 2 full, 6 part baths
    Home size: 8,000 sq ft
    Lot size: 4.39 ac
    Year built: 1991
    Parking spots: 8
    Days on market: 131
  10. 5 beds, 4 full, 3 part baths
    Home size: 6,000 sq ft
    Lot size: 6.37 ac
    Year built: 1951
    Parking spots: 6
    Days on market: 139
  11. 7 beds, 7 full, 3 part baths
    Home size: 14,374 sq ft
    Lot size: 4.47 ac
    Year built: 1983
    Parking spots: 4
    Days on market: 231
  12. 4 beds, 4 full baths
    Home size: 4,000 sq ft
    Lot size: 1.09 ac
    Year built: 2006
    Parking spots: 6
    Days on market: 380

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Rolling Hills homes currently in escrow:

Rolling Hills homes that sold in the last 12 months:

Little Luxuries of the Palos Verdes Lifestyle

March 27, 2013 in Buyer Tip, Favorite Photos - Palos Verdes, Front Page, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Rolling Hills

170 Lighthouse distant

Whenever people ask me where I’m from, when traveling outside California, they most often have a quizzical look on their face after my reply.  I know what’s coming next.  “Palos Verdes?  Where’s that?”

Of course,  if I want to avoid the long explanation I simply say, “Los Angeles,” and leave it at that.  The truth is, the anonymity of the locale is a luxurious aspect of life on the Palos Verdes Peninsula.  This is not Hollywood, nor Beverly Hills or even Malibu.  The world has heard of those glittering places; not so Palos Verdes.

The majesty and length of our scenic coastline is another luxurious perk of life on the Palos Verdes Peninsula.  Eons ago, this land was an island, and as the name implies, it is surrounded on three sides by glorious cliffs meeting the regal Pacific Ocean.  The end of land and the beginning of water is a dramatic transition.  Palos Verdes is known for its cliffs and hills, not its sandy beaches–those can be found in the adjoining beach cities of Redondo, Hermosa and Manhattan.

There is room to roam (miles and miles of hiking trails) and plenty of open space to stroll and enjoy the geological wonders of the area.  It’s easy to leave the urban sprawl of LA in the flatlands below and exhale as you enter the Palos Verdes area.  Whether your home is an equestrian estate in Rolling Hills, a villa by the sea in Malaga Cove or an ocean view home high in the hills of Rancho Palos Verdes it does not take long to realize you are a part of something very special.

Those are a few of the quiet little luxuries of life on the Palos Verdes Peninsula.

How is the Housing Market in Palos Verdes? – February 2013 – Toering & Team

March 15, 2013 in Front Page, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates

Palos Verdes

Active listings of homes for sale: There are currently 105 single family homes on the market in all of Palos Verdes priced from $400,000 to $15,900,000.  The average price is $3,220,000, but the median price is $1,799,000.

Homes in escrow: There are currently 102 homes in escrow in Palos Verdes priced from $519,000 to $3,950,000. The average price for property in escrow is $1,395,000.

Palos Verdes homes  sold in February 2013:  45 Homes sold during the month of February ranging from $690,000 to $4,200,000.   The average sale price for February was $1,403,000.

View a list of homes for sale in: Palos Verdes EstatesRancho Palos VerdesRolling HillsRolling Hills Estates

Youtube Norma REMAX Estate Properties

Rolling Hills Home Sales – January 2013 – Palos Verdes CA

March 9, 2013 in Front Page, Horse Property, Palos Verdes, Rolling Hills

Palos Verdes Peacock

Rolling Hills neighborhood real estate and home sales report for Rolling Hills in Palos Verdes, CA in January 2013.

Homes for sale: 15 Homes are listed for sale in the city of Rolling Hills priced from $1,495,000 to $10,990,000.
Pending sales:
3 Houses are in escrow priced from $1,075,000 to $2,150,000.
January sales:
Two homes sold in January 2013 in Rolling Hills for $2,500,000 and $3,300,000.

Rolling Hills homes for sale:

Showing properties 1 - 12 of 12. See more Rolling Hills Homes for Sale.
(all data current as of 5/22/2013)

  1. 5 beds, 5 full baths
    Home size: 3,772 sq ft
    Lot size: 1.97 ac
    Year built: 1963
    Parking spots: 8
    Days on market: 9
  2. 5 beds, 1 full, 4 part baths
    Home size: 5,734 sq ft
    Lot size: 1.37 ac
    Year built: 1952
    Parking spots: 6
    Days on market: 14
  3. 7 beds, 3 full, 3 part baths
    Home size: 5,452 sq ft
    Lot size: 2.36 ac
    Year built: 1965
    Parking spots: 6
    Days on market: 26
  4. 4 beds, 2 full baths
    Home size: 2,877 sq ft
    Lot size: 2.15 ac
    Year built: 1948
    Parking spots: 4
    Days on market: 37
  5. 4 beds, 2 full, 2 part baths
    Home size: 4,040 sq ft
    Lot size: 1.16 ac
    Year built: 1960
    Parking spots: 6
    Days on market: 79
  6. 5 beds, 6 full, 2 part baths
    Home size: 7,928 sq ft
    Lot size: 4.77 ac
    Year built: 2009
    Parking spots: 6
    Days on market: 79
  7. 5 beds, 4 full, 1 part baths
    Home size: 4,545 sq ft
    Lot size: 1.60 ac
    Year built: 2009
    Parking spots: 4
    Days on market: 82
  8. 6 beds, 8 full baths
    Home size: 11,996 sq ft
    Lot size: 2.62 ac
    Year built: 2000
    Parking spots: 8
    Days on market: 105
  9. 5 beds, 2 full, 6 part baths
    Home size: 8,000 sq ft
    Lot size: 4.39 ac
    Year built: 1991
    Parking spots: 8
    Days on market: 131
  10. 5 beds, 4 full, 3 part baths
    Home size: 6,000 sq ft
    Lot size: 6.37 ac
    Year built: 1951
    Parking spots: 6
    Days on market: 139
  11. 7 beds, 7 full, 3 part baths
    Home size: 14,374 sq ft
    Lot size: 4.47 ac
    Year built: 1983
    Parking spots: 4
    Days on market: 231
  12. 4 beds, 4 full baths
    Home size: 4,000 sq ft
    Lot size: 1.09 ac
    Year built: 2006
    Parking spots: 6
    Days on market: 380

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Rolling Hills homes that sold in the last 12 months:

Palos Verdes Luxury Homes Sales – February 2013

March 2, 2013 in Favorite Photos - Palos Verdes, Front Page, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates

Coastal views in Palos Verdes - trails by Oceanfront Estates

Six Palos Verdes luxury (over $2,000,000) homes sold during February 2013.  Five of the homes were located in Palos Verdes Estates and one in Rancho Palos Verdes.

A home on Via Rincon sold for $3,825,000 and claims the honor of being the highest priced home to sell on the Palos Verdes Peninsula during February 2013.

Norma Toering & Team either showed or previewed five of the six luxury homes sold during the month.  We consider it our duty to our luxury clients to stay well-informed about movement in the high-end market.  If you’re in the market to either sell or purchase a luxury home in Palos Verdes we will be honored to help you acquire a luxury home on the Palos Verdes Peninsula.

- Norma (310) 493-8333

 

Luxury Homes for Sale in Palos Verdes:

Showing properties 1 - 35 of 50. See more Palos Verdes Homes over $2 Million Dollars.
(all data current as of 5/22/2013)

  1. 4 beds, 3 full, 1 part baths
    Home size: 3,420 sq ft
    Lot size: 14,146 sqft
    Year built: 1987
    Parking spots: 9
    Days on market: 3
  2. 4 beds, 5 full, 1 part baths
    Home size: 5,630 sq ft
    Lot size: 1.98 ac
    Year built: 2005
    Parking spots: 6
    Days on market: 6
  3. 5 beds, 5 full baths
    Home size: 3,772 sq ft
    Lot size: 1.97 ac
    Year built: 1963
    Parking spots: 8
    Days on market: 9
  4. 5 beds, 1 full, 4 part baths
    Home size: 5,734 sq ft
    Lot size: 1.37 ac
    Year built: 1952
    Parking spots: 6
    Days on market: 14
  5. 6 beds, 4 full baths
    Home size: 4,376 sq ft
    Lot size: 34,347 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 15
  6. 5 beds, 6 full, 1 part baths
    Home size: 8,533 sq ft
    Lot size: 20,204 sqft
    Year built: 1996
    Parking spots: 6
    Days on market: 15
  7. 4 beds, 2 full, 2 part baths
    Home size: 3,308 sq ft
    Lot size: 10,026 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 16
  8. 6 beds, 4 full baths
    Home size: 4,387 sq ft
    Lot size: 15,899 sqft
    Year built: 1967
    Parking spots: 6
    Days on market: 16
  9. 4 beds, 2 full, 2 part baths
    Home size: 3,461 sq ft
    Lot size: 8,849 sqft
    Year built: 1961
    Parking spots: 4
    Days on market: 16
  10. 7 beds, 3 full, 3 part baths
    Home size: 5,452 sq ft
    Lot size: 2.36 ac
    Year built: 1965
    Parking spots: 6
    Days on market: 26
  11. 4 beds, 2 full, 1 part baths
    Home size: 2,750 sq ft
    Lot size: 6,724 sqft
    Year built: 1966
    Parking spots: 2
    Days on market: 30
  12. 4 beds, 3 full baths
    Home size: 2,446 sq ft
    Lot size: 1.87 ac
    Year built: 1969
    Parking spots: 6
    Days on market: 30
  13. 6 beds, 7 full baths
    Home size: 6,219 sq ft
    Lot size: 13,116 sqft
    Year built: 1980
    Parking spots: 12
    Days on market: 30
  14. 4 beds, 2 full baths
    Home size: 2,877 sq ft
    Lot size: 2.15 ac
    Year built: 1948
    Parking spots: 4
    Days on market: 37
  15. 6 beds, 5 full baths
    Home size: 5,952 sq ft
    Lot size: 19,901 sqft
    Year built: 1981
    Parking spots: 6
    Days on market: 37
  16. 4 beds, 3 full, 1 part baths
    Home size: 5,467 sq ft
    Lot size: 18,881 sqft
    Year built: 2007
    Parking spots: 4
    Days on market: 40
  17. 6 beds, 5 full baths
    Home size: 4,677 sq ft
    Lot size: 21,539 sqft
    Year built: 1967
    Parking spots: 6
    Days on market: 43
  18. 4 beds, 2 full, 2 part baths
    Home size: 3,561 sq ft
    Lot size: 15,030 sqft
    Year built: 1978
    Parking spots: 6
    Days on market: 46
  19. 4 beds, 1 full, 4 part baths
    Home size: 4,526 sq ft
    Lot size: 10,540 sqft
    Year built: 2001
    Parking spots: 4
    Days on market: 58
  20. 4 beds, 4 full baths
    Home size: 4,166 sq ft
    Lot size: 13,646 sqft
    Year built: 2010
    Parking spots: 2
    Days on market: 60
  21. 4 beds, 5 full baths
    Home size: 4,511 sq ft
    Lot size: 17,128 sqft
    Year built: 2001
    Parking spots: 8
    Days on market: 62
  22. 5 beds, 4 full baths
    Home size: 5,000 sq ft
    Lot size: 1.94 ac
    Year built: 1929
    Parking spots: 10
    Days on market: 72
  23. 4 beds, 2 full, 2 part baths
    Home size: 4,040 sq ft
    Lot size: 1.16 ac
    Year built: 1960
    Parking spots: 6
    Days on market: 79
  24. 5 beds, 5 full, 2 part baths
    Home size: 4,260 sq ft
    Lot size: 20,909 sqft
    Year built: 2001
    Parking spots: 8
    Days on market: 79
  25. 5 beds, 6 full, 2 part baths
    Home size: 7,928 sq ft
    Lot size: 4.77 ac
    Year built: 2009
    Parking spots: 6
    Days on market: 79
  26. 5 beds, 4 full, 1 part baths
    Home size: 4,545 sq ft
    Lot size: 1.60 ac
    Year built: 2009
    Parking spots: 4
    Days on market: 82
  27. 3 beds, 3 full baths
    Home size: 3,800 sq ft
    Lot size: 34,966 sqft
    Year built: 2004
    Parking spots: 4
    Days on market: 84
  28. 5 beds, 9 full, 1 part baths
    Home size: 11,346 sq ft
    Lot size: 1.12 ac
    Year built: 1997
    Parking spots: 8
    Days on market: 86
  29. 5 beds, 5 full, 4 part baths
    Home size: 8,000 sq ft
    Lot size: 1.05 ac
    Year built: 1978
    Parking spots: 8
    Days on market: 89
  30. 4 beds, 3 full, 3 part baths
    Home size: 7,031 sq ft
    Lot size: 25,265 sqft
    Year built: 2000
    Parking spots: 8
    Days on market: 93
  31. 6 beds, 8 full baths
    Home size: 11,996 sq ft
    Lot size: 2.62 ac
    Year built: 2000
    Parking spots: 8
    Days on market: 105
  32. 4 beds, 2 full, 2 part baths
    Home size: 3,596 sq ft
    Lot size: 15,005 sqft
    Year built: 1975
    Parking spots: 4
    Days on market: 107
  33. 6 beds, 6 full, 2 part baths
    Home size: 7,778 sq ft
    Lot size: 2.00 ac
    Year built: 1999
    Parking spots: 6
    Days on market: 107
  34. 4 beds, 3 full, 1 part baths
    Home size: 4,443 sq ft
    Lot size: 16,988 sqft
    Year built: 1973
    Parking spots: 6
    Days on market: 108
  35. 5 beds, 6 full, 1 part baths
    Home size: 9,853 sq ft
    Lot size: 22,856 sqft
    Year built: 1988
    Parking spots: 6
    Days on market: 108

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buyers on Fire While Sellers Sleep

February 26, 2013 in Front Page, Inspiration, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Real Estate News, Rolling Hills, Rolling Hills Estates, San Pedro, Seller Tip

Ignition of match, with smoke on black

 

I am one of several hundred real estate agents and brokers engaged in the art (or shall I say war) of selling real estate on the Palos Verdes Peninsula.  Add a thousand or so more South Bay and Beach Cities agents and we are all ready to write an offer with a tap on the iPad, seal it with an electronic signature and send it on its merry way to find its place amid a pile of similar offers on the same property.  Multiple offers are the norm, not the exception these days.

Yes, it’s a battle zone out there and both buyers and agents are bruised, battered and beleaguered by current market conditions.  Meanwhile, sellers are once again sleeping well while visions of new-found equity dance in their heads.  I’ve not yet heard Marie Antoinette’s famous line of, “Let them eat cake,” but there is certainly no rush to market to satiate the intense buyer hunger enveloping the nation.

Perhaps the buyer for your home is one of the buyers in my pack of prospective would-be Palos Verdes, or other cities, buyers if only they could find a home.  I’ll only mention those from my list that are so hot to buy the flame is visible in their eyes:

1)  Family of four living in temporary quarters and scanning new listings daily.  What their hearts desire:  4-bedrooms, pool and a yard for kids.  Area:  Palos Verdes

2)  Ocean view property with yard and remodeled for busy executive relocating to Palos Verdes.

3)  Beach cottage or townhouse in Manhattan Beach–former chef wants a great kitchen.

4)  Cash buyer wants ocean view in Rancho Palos Verdes or South Shores.

5)  South Bay income property wanted yesterday by several investors.

6)  Oceanfront property, or very close, with open floor plan.

I could go on, but if I have this many “hot” buyers, I’m certain most other active agents have an equal or greater number.  Last week Norma Toering & Team added four new qualified and ready to buy customers to our active list.  I only wish we had four new listings to show to each of them.

Sellers, maybe it’s time to wake up from the long rest the market took during the recession and open your front door to waiting buyers.  More than likely there are multiple buyers waiting to purchase your home too.