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Archive for the 'Senior Information' Category

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I recently visited the new 55 and over community of Rolling Hills Villas located in Rolling Hills Estates on Deep Valley Drive. This is a welcome addition to Palos Verdes real estate. It is conveniently located within walking distance to the Promenade, Bristol Farms, medical buildings, the post office, library and many other shops in the area. The condominium units are beautiful with granite counter tops, stainless steel appliances, fireplaces, balconies and interior laundry areas with a washer/dryer.

Rolling Hills Villas have 7 different floor plans – one, two, and two plus den models ranging in price from $419,900 to $929,900. All are on one level. Nine of the 41 units have been sold. Homeowner Association dues are approximately $200 per month. The complex is within a secure building, has a gated garage, a rooftop deck with barbecue grill, a walking trail and sitting areas.

This complex is perfectly located in the center of the Peninsula. Rolling Hills Villas will be great for those homeowners wishing to downsize or for parents wishing to move closer to their families that live on the Peninsula. Models are open daily from 11:00 to 5:00. Floor plans can be accessed by clicking on the links above. For more information, call RH Villas at 310-377-6200.

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Tuesday night, Barbara Walters had a fascinating ABC-TV Special entitled, “Live to be 150 – Can you do it?” There are more than 84,000 centenarians (100+) living in the United States with a projection of over 1,000,000 by the year 2050. Many are choosing to stay in their own homes. This is an important demographic that will change many industries, including real estate.

According the 2000 U.S. Census Bureau, here on the Palos Verdes Peninsula 18.7% of homeowners were over 65 versus 10.2% for Los Angeles County (statistics are for Rancho Palos Verdes). Bill McCord of McCord Realty Services has some interesting information on the Property Tax Postponement Program on his Seniors Tax Break 3-13-08 post.

The qualities the centenarians had in common were their attitude, their passion (for something), love of life, doing for others, ability to adapt, a spiritual life and commitment to family. What a good reminder for all of us!

The experts said that older age will represent power, money, wisdom and survival.

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