May 2018

Palos Verdes Real Estate Market Snapshot May 2018

By | May 14th, 2018|Buyer Tip, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes Homes for Rent, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Rolling Hills|

  The single-family residential real estate market on the Palos Verdes Peninsula continues to maintain its firm grasp on a seller's market, even with a slight growth in inventory since last month's report. Demand continues to keep the supply in check. Timing plays a vital role in real estate, and this is the time of year buyers yearn to make a move to their neighborhood of choice. Fortunately, Palos Verdes buyers have a few more options with the increased supply, and sellers usually have more showings during the spring and summer months. However, a well-appointed and well-priced home will attract [...]

April 2018

Rolling Hills Estates Real Estate Report March 2018

By | April 2nd, 2018|Palos Verdes|

I spent a chilly March morning reviewing listings and sales in Rolling Hills Estates, and RHE has the dubious honor of having the lowest single-family residence inventory of homes for sale of the four cities located on the Palos Verdes  Peninsula. At the time of my research, Rolling Hills Estates had only 14 single-family properties for sale. When the unincorporated areas of the Palos Verdes Peninsula are included (the Multiple Listing Service includes the unincorporated areas in the PVDN area) the number of homes for sale increases slightly. However, it is evident with nine single-family homes in escrow Rolling Hills [...]

February 2018

Palos Verdes Estates Real Estate Update February 2018

By | February 11th, 2018|Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Valmonte|

Palos Verdes Estates Luxury Home Photo by Norma Toering   If you are a Palos Verdes Estates resident or hope to be in the near future, here is a snapshot of the real estate market for Palos Verdes Estates: There are currently 31 single family homes for sale in Palos Verdes Estates. 14 PVE single-family homes are in escrow with accepted offers. 20 Single-family Palos Verdes Estates homes sold YTD in 2018. These numbers indicate the real estate market in Palos Verdes Estates remains in a strong seller's market. The median price for single-family homes sales in PVE [...]

January 2018

Palos Verdes Single Family Home Market Report January 2018

By | January 4th, 2018|Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Luxury Homes, Rancho Palos Verdes|

  Happy New Year! The Palos Verdes single family home real estate market finished the year (2017) with low inventory and continued high demand. There are currently only 113 Palos Verdes single family homes for sale on the entire Palos Verdes Peninsula as we begin 2018. 56 Palos Verdes residences are in escrow with accepted offers. 692 Palos Verdes homes sold during 2017. These statistics indicate we are in for another year of low inventory and high demand for single-family homes in Palos Verdes. Given the depleted supply of houses, the time is right to list your Palos Verdes home. [...]

Palos Verdes Luxury Homes Market Report January 2018

By | January 2nd, 2018|Front Page, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Rancho Palos Verdes|

Beautiful Dawn photo by Norma Toering   Palos Verdes Real Estate One Minute Update January 2018 #palosverdeshomes #realestate #normatoering #brokerlife #charlemagneinternationalproperties A post shared by Norma Toering l Real Estate (@normatoering) on Jan 9, 2018 at 11:10am PST Happy New Year! The Palos Verdes luxury home market closed out 2017 with 51 sales of homes priced at or above $3,000,000.  Thirty of the luxury home sales are located in Palos Verdes Estates. Rancho Palos Verdes recorded twelve sales, and Rolling Hills had nine luxury homes sales in the $3,000,000 and up price range. There are currently 35 Palos [...]

December 2017

Sustainable Luxury Homes

By | December 14th, 2017|Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Luxury Homes|

One of the things I appreciate most about luxury homes in Palos Verdes is the use of timeless materials during the construction. Marble, limestone, granite, quartz, and hardwood floors will last for generations to come. The initial choices (and expense) are more than justified by the longevity of the materials. I had the pleasure of living in a 1929 home in St. Petersburg, Florida. The wood floors were original and beautifully restored by the previous owner. The bathroom tiles were original as were the pedestal sinks. I upgraded the kitchen with a professional Wolf six-burner stove, a commercial Traulsen refrigerator/freezer, [...]

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 [...]

September 2017

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 [...]

August 2017

Where Is the Best Palos Verdes Horse Property?

By | August 16th, 2017|Palos Verdes|

Last week I received an email from a person interested in purchasing horse property in Palos Verdes.  His first question was, "Where are the best Palos Verdes horse properties located? Best is such a subjective word. Before I could answer the question, I needed to delve deeper into his equestrian wants and requirements. Did he want the best price, the best location, the best horse facilities, or the best house in an area zoned for horses? Unquestionably, the best and top horse properties are located in Rolling Hills with its large lots and miles and miles of riding trails. It's  a [...]

July 2017

Luxury Apartment Living in the South Bay of Los Angeles

By | July 27th, 2017|Front Page, Income Property, Lifestyle in the Beach Cities, Los Angeles coastal income property, Palos Verdes|

I have a client who is in the market to invest approximately $5MM in real estate. He is selling a commercial building and wants to roll the proceeds over into another property. Simple enough. The dilemma he faces is where to make a long term investment that will require minimum management but provide a decent return on investment. Retail seems like a high-risk venture with the disruption online shopping is creating in the industry. Will gas stations become a thing of the past as the 21st-century advances? As the economic climate changes so do an investors' goals and guidelines. One [...]