This year there are on-line coupons available for 56 businesses and restaurants in Rolling Hills and Rancho Palos Verdes (click here for the link) as part of the Peninsula Privileges program. These are available to all not just owners of Palos Verdes real estate. Participating merchants range from Terrenea Resort to Ice Chalet, Restoration Hardware, Equinox Fitness, Norris Center for the...
There were 9 homes on the November 24, 2009, Palos Verdes real estate Broker's Tour. We currently have 215 active single family homes for sale in Palos Verdes ranging in price from $800,000 in Rancho Palos Verdes to $14,900,000 in Rolling Hills (the low in Eastview is $699,900). There are 47 townhomes/condos for sale priced between $230,000 and $1,500,000. My favorites were: Gary Myer's, (Remax...
Palos Verdes Estates does not have residential street lights. Tennis courts and pool areas are also restricted. According to Sue Van Every, Palos Verdes Estates Homeowners Association Manager, in a recent article in the Peninsula News "there is a city ordinance, as well as the Art Jury (which) has not allowed any (lights))...because of the surrounding neighbors..." Of course, that means no night...
The upcoming holiday season will offer several events to be enjoyed by owners of Palos Verdes real estate. This year there are 4 beautifully decorated homes featured in the 53rd Yule Parlor Parade sponsored by The Neighborhood Church (benefiting South Bay charities) to be held on December 4th and 5th from 11:00 a.m. to 4:00 p.m. with a Christmas Tea served at the Neighborhood Church from noon 4:00...
This Homebuyer TaxCredit of $6,500 (married couple) is available as of November 6, 2009 for couples with combined adjusted gross incomes that do not exceed $225,000 (for singles a $3,250 credit and adjusted gross income not exceeding $125,000). You must be in contract on a new home by April 30, 2010, and must close escrow by June 30, 2010. The homeowner must have owned the prior residence for...
Statistics for the month of October 2009 for Palos Verdes real estate are now available and they again indicate stability in our market. The Active number of homes for sale in Palos Verdes have continued to decrease to an all time low (in the last 15 months) of 292 homes currently available for sale. 66 homes Sold/closed escrow in October and 76 homes have Pending Sales which is twice as...
There were 18 homes on the November 10, 2009, Palos Verdes real estate Broker's Tour. We currently have 230 active single family homes for sale in Palos ranging in price from $750,000 in Rancho Palos Verdes to $14,900,000 in Rolling Hills (the low in Eastview is $625,000). There are 51 townhomes/condos for sale priced between $250,000 and $1,500,000. My favorites were: Laurie Hurley's 7400...
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...