April 2018

Rolling Hills CA Real Estate Report April 2018

By | April 11th, 2018|An Agent's Life, Buyer Tip, Front Page, Horse Property, Lifestyle in Palos Verdes, Rolling Hills|

  The Rolling Hills real estate market is in a neutral zone favoring neither the seller nor the buyer. A neutral market offers equal negotiating power to both parties. Unlike a strong seller's market with limited inventory, a balanced neutral real estate market offers more choices to prospective buyers and more competition for sellers. The higher price point of Rolling Hills properties impacts the speed of absorption. The pool of prospective buyers for luxury homes is smaller than that of people shopping for an entry-level home in the million dollar range. There are currently only three homes priced under $2,000,000 [...]

Palos Verdes Real Estate Market Snapshot April 2018

By | April 10th, 2018|An Agent's Life, Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Seller Tip|

    The weather today is hotter than the single-family residential market on the Palos Verdes Peninsula--and that's hot! Thanks to Santa Ana winds and a longtime smoldering seller's market both fall into the "hot" category. How long either will last is hard to predict, but one thing I'm certain of is neither one will last forever. Notice the "Little Yellow Dot" indicates the heat of the seller's market is intensifying as we enter the spring and summer selling seasons. Most people prefer to move during the summer, especially if they have children in school. Let's review other sub-markets within [...]

March 2018

Palos Verdes Luxury Homes Report March 2018

By | March 31st, 2018|An Agent's Life, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Luxury Homes|

On the day I pulled the statistics for Palos Verdes luxury homes, those properties priced at or above $3,000,000, there were 49 single-family properties for sale on the entire Palos Verdes Peninsula. Only six homes in the price category were in escrow with accepted offers. These numbers translate to a real estate market favoring buyers of Palos Verdes luxury homes. Sellers, don't despair if you have plans to sell your Palos Verdes luxury residence. The luxury home market is heating up as the spring and summer selling season approaches. There are always buyers for homes that are appropriately prepped for sale [...]

Palos Verdes Horse Property Report March 2018

By | March 31st, 2018|An Agent's Life, Buyer Tip, Horse Property, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Seller Tip|

Last week I had a listing appointment with a prospective seller of horse property in Rancho Palos Verdes. We discussed the improvement of some long-neglected trails in RPV and the impact the improvements will have on horse property in the area. Although Rolling Hills Estates and Rolling Hills are noted for their abundance of properties zoned for horses, many residences in the Palos Verdes Drive East area are zoned for horses as well. The Portuguese Bend area of Rancho Palos Verdes is another horse friendly neighborhood. Riding trails and boarding stables are located in the Valmonte neighborhood of Palos Verdes [...]

January 2018

Beach Cities and Palos Verdes Comparison of Luxury Home Sales

By | January 25th, 2018|An Agent's Life, Beach Cities Luxury, Los Angeles Luxury Homes, Palos Verdes Luxury Homes|

The surge in Manhattan Beach home prices a few years ago delivered some spillover buyers to the Palos Verdes Peninsula as they searched for more affordable luxury homes in the South Bay of Los Angeles. It may seem odd to see affordable and luxury in the same sentence, but high-end home buyers are always in search of top value for dollars spent. As time passed, luxury home prices in Palos Verdes crept upward, and there was some leveling off in the luxury home markets of the beach cities. Charlemagne Int'l Properties defines luxury homes as those properties selling at or above [...]

November 2017

Homes For Sale in Rancho Palos Verdes, CA.

By | November 28th, 2017|An Agent's Life, Buyer Tip, Front Page, Los Angeles, Los Angeles Luxury Homes, Palos Verdes, Rancho Palos Verdes Lisitng Agent|

  Tuesday is tour day for new listings in Palos Verdes. This morning, the list is rather short due to entering the after Thanksgiving holiday countdown, and the seemingly permanent condition of inventory shortage for Palos Verdes and other cities in the South Bay of Los Angeles. Today, there is only one new listing I need to preview for a prospective buyer. However, on the upside, it's a gorgeous day, so perhaps as I meander along Palos Verdes Drive South, I will capture a few more coastal photos I can use on my blog to display the beauty of our [...]

October 2017

Palos Verdes Real Estate Report October 2017

By | October 4th, 2017|An Agent's Life, Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent|

Fall is here! My morning walk required a sweater for the brisk 58-degree day. After the languid last days of summer, I think the real estate market is ready to perk up and make the most of the final quarter of 2017. I bumped into an agent who has been in the business longer than I have, and she said, "This has been the quietest summer I can remember."  Yes, although I was busy and productive with listings and sales, the market took a bit of a breather during the summer months of 2017. Inventory remains tight with only 183 [...]

September 2017

From Contract to Close–Whether Selling or Buying

By | September 28th, 2017|An Agent's Life, Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes View Homes|

Palos Verdes Oceanfront homes in Rancho Palos Verdes. A typical day in an agent's life will involve an extensive list of "value-added" tasks. For example today we are waiting for a buyer's acceptance of a seller's response to the buyer's request for repairs. It has taken us a week of back and forth to reach an agreement. An appraisal is due, and late last night a former client who is about to begin a major remodel turned to me for help because the appraisal for his current home came in unacceptably low. He asked us to review it [...]

How Many Horses Do You Have?

By | September 27th, 2017|An Agent's Life, Horse Property, Palos Verdes|

"You have how many horses?" I asked the prospective buyer to repeat her reply as I wanted to make sure our less than clear cell phone connection wasn't playing tricks with my hearing. "Six," she replied. "That's what I thought you said. That's a lot of horses, but yes, I can show you properties in Palos Verdes, notably Rolling Hills, that will comfortably meet your equine needs." And so we were off to look at horse properties in Palos Verdes after tightening up her requirements and price point. At our first meeting, I presented the prospective buyer with a copy [...]

June 2017

Palos Verdes Single Family Homes Market Reports June 2017

By | June 20th, 2017|An Agent's Life, Front Page, Lifestyle in Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates|

Looking for a beautiful Palos Verdes home with a spectacular view? Call me; this one is For Sale! 284 Palos Verdes single family homes sold year-to-date in 2017.  Twenty-three of those private residences were priced at or above $3,000,000. There are currently 213 single family homes for sale on the Palos Verdes Peninsula.  124 Palos Verdes homes are in escrow with accepted offers.     The overall single-family home market in the four cities on the Palos Verdes Peninsula remains firmly entrenched in a market favoring sellers.  However, the luxury market is tilting toward a buyers' market as [...]