Interest rates on home loans are down one full percentage point in some categories from April 17, 2008, for example 5.5% for a 30 year fixed loan due in 10 years. Tuesdays, I attend our Office Meeting and then go on to the Palos Verdes Real Estate Broker’s Tour. Better loan rates were the pleasant surprise at our Office Meeting.
Today’s Broker’s Tour had 24 properties to view in approximately two hours. It feels like a treasure hunt and one quickly goes from one home to another, making notes and calling buyers to tell them about the properties for sale. I actually only saw 10 homes out of the 12 that I wanted to view today. As I got out of my car at one home, a woman stopped to ask me the price of the home I was about to view. She lived in the neighborhood and said her home was the first to be built on the block. I invited her to see the home and helped her get up and down some low stairs (as she was using a walker) to see her neighbor’s house. She was so appreciative and being able to help her was the gift that I received.
My favorite homes today were:
Cindy Chew’s 40 Country Meadow, Rolling Hills Estates (above top) – a 4 bedroom, 3 bath, 2613 square foot home with a pool, 3 car garage, newly remodeled kitchen and master bath in a the gated community known as The Ranch listed for $1,829,000. Irwin Gebroe’s 3016 Via Rivera, Palos Verdes Estates (above bottom) – a 3 bedroom, 2 1/2 bath, 2845 square foot home with separate guest house with an additional bedroom and bath listed for $1,850,000.
Brent Talbot’s 1605 Via Machado, Palos Verdes Estates (above top) – a 3 bedroom, 2 bath, 1502 square foot remodeled home on a serene street in Lunada Bay listed for $1,275,000. Rick & Kitty Edler’s 2540 Via La Selva, Palos Verdes Estates (above bottom) – a 4 bedroom, 3 bath, 2436 square foot home constructed in 2002 listed for $2,200,000.
