Both the House and Senate have passed the new extended/expanded Homebuyer Tax Credit and it is now awaiting the President's signature.  Previously, the first time buyer credit of $8,000 was to expire on November 30, 2009, but it will now be extended to April 30, 2010.  The new bill also includes a $6,500 credit to qualified homeowners looking to "move up" by purchasing a replacement home for...

Owners of Palos Verdes real estate have several options to dispose of their household hazardous waste.  There is the permanent collection center in San Pedro - S.A.F.E.  Collection Center, 1400 N. Gaffey Street which is only open Friday, Saturday and Sunday from 9:00 a.m. to 3:00 p.m. but does not accept electronic waste.  Electronic waste (televisions, computers, etc) can be dropped off by...

  Earlier this week, I heard the City Managers from all 4 cities on the Palos Verdes Peninsula speak at the Palos Verdes Peninsula Association of Realtors meeting. Here is a synopsis of their update: Joseph Hoefgen, City Manager of Palos Verdes Estates, told us that the PV Dr West stabilization near Bluff Cove begins in a couple of weeks and should be complete in January 2010.  The Golf Club...

There were 15 homes on the October 27, 2009 Palos Verdes real estate Broker's Tour.  We currently have 244 active single family homes for sale in Palos Verdes ranging in price from $750,000 in Rancho Palos Verdes to $14,900,000 in Rolling Hills (the low in Eastview is $599,900).  There are 50 townhome/condos for sale priced between $230,000 and $1,500,000.   My favorites were: Rick and Kitty...

   The Annenberg Foundation has an Environmental Impact Report in progress for its multimillion dollar project at Lower Point Vicente.  Plans have also been submitted to the city of Rancho Palos Verdes for approval and a formal application is anticipated soon. "The proposal, based on a comprehensive study of the community done in concert with the development of the Coast Vision Plan, includes...

   Yes, we do have foreclosures in Palos Verdes real estate.  Currently there are 2 active single family residences and 1 condo that are REOs (or bank-owned properties).   669 Via Del Monte, Palos Verdes Estates, is a 4 bedroom, 3 bath, 3,469 square foot home listed for $1,449,900.  4053 Via Pavion, Palos Verdes Estates, is a 4 bedroom, 3 bath, 2,336 square foot home listed for $999,900. ...

   The Palos Verdes Unified School District received a AA+/Aa2 credit rating from Standard & Poor's and Moody's Investor Services.  This is one of the highest ratings that a California school district can get and there are only 16 public school districts in California that have a AA+ or better.  Owners of Palos Verdes real estate should be proud both of the School District, for their...

There were 10 homes on the October 13, 2009, Palos Verdes real estate Broker's Tour.  We currently have 247 active single family homes for sale in Palos Verdes ranging in price from $750,000 in Rancho Palos Verdes to $14,900,000 in Rolling Hills (the low in Eastview is $600,000).  There are 56 townhome/condos for sale priced between $220,000 and $1,500,000.  My favorites were: Pearl Kaperl's...

Statistics for the month of September for Palos Verdes real estate are now available and for the numbers indicate stability for the last 5 months.  As you will note from the graph above, the number of active single family homes for sale in Palos Verdes has been falling for the last several months and is an all time low (for the last 15 months) of 247.   For the month of September, there were 49...

  Portuguese Bend Beach Club is a guard gated beach community located off Palos Verdes Drive South in Rancho Palos Verdes.   This small neighborhood of approximately 90 homes has a private sand beach (one of the few private beaches in Southern California) with its own lifeguard in the summer months.  The private beach has barbecue fire pits, volleyball, paddle tennis and a children's...