In addition to being a fabulous resort that you can visit for a walk on the ocean's edge, enjoy a meal or have an extended stay in one of their beautiful rooms -- you can also purchase one of Terrenea Resort's exclusive villas or casitas. There are currently 9 properties for sale at Terrenea. The Casitas are 3 bedrooms, 3 baths, 2,040 square feet and range in price from $1,995,000 to $2,750,000. The 3...
I have just earned the prestigious Certified Distressed Property Expert designation having completed extensive training in foreclosure avoidance and short sales. Although we have not experienced many of these sales in Palos Verdes real estate, more are expected in the future. In a nutshell, I learned how to assist homeowners who are either behind in their mortgage payments or are having trouble...
There were 25 homes on the July 21, 2009, Palos Verdes real estate Broker's Tour. We currently have 295 active single family homes for sale in Palos Verdes ranging in price from $836,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $475,000). There are 50 townhomes/condos for sale priced between $250,000 and $1,500,000. My favorites were: Chris Adlam's 2775...
I have written several articles in the last couple of weeks about the current status of Palos Verdes real estate. We have had better sales numbers in June compared to May. Now Peter Hong of the Los Angeles Times, who is usually ultra conservative, has written an article entitled, "Southern California median home prices surges in June". Could it be that we are finally turning the corner? Hong...
Recently, a client asked me "Exactly when did we start viewing our homes as an investment rather than the place we live with our family?" I didn't have an answer for her. I knew what she meant though. Originally, we purchased a home for shelter and then because we needed more space or wanted our children to go to a particular school or needed to be closer to our job. Now, we have those same needs...
Statistics for single family homes for the month of June for Palos Verdes real estate are now available and as I indicated in my post earlier this week, "Good News for Palos Verdes Real Estate," the numbers are looking better. June 2009 had nearly twice as many closed sales (47) and one additional pending sale compared to May 2009. Months of inventory (months it would take to sell existing...
There were 22 homes on the July 7, 2009, Palos Verdes real estate Broker's Tour. We currently have 293 active single family homes for sale in Palos Verdes ranging in price from $799,000 in Rolling Hills Estates to $18,900,000 in Rolling Hills (the low in Eastview is $475,000). There are 51 townhomes/condos for sale priced between $250,000 and $950,000. My favorites were: Jack Cummings' 2501...
Preliminary sales figures for Palos Verdes real estate for June 2009 show an upswing in single family homes sales compared to both May 2009 and June 2008 which is significant. That is good news for Palos Verdes real estate! June 2009 has 48 closed sales compared to 24 in May - twice as many sales. And June of 2008 had only 38 closed sales compared to 48 this June. It looks like buyers have moved...
Fourth of July on the Palos Verdes Peninsula will be celebrated at two special public events. There will also be several local firework displays in the evening. This year Palos Verdes Estates will be holding their48th Annual Independence Day Celebrationat Lunada Bay School, 520 Paseo Lunado. The festivities are free to the public and will begin at 9:45 a.m. with entries into the Apple Pie Contest...
There were 27 homes on the Palos Verdes real estate Broker's Tour. We currently have 294 active single family homes for sale in Palos Verdes ranging in price from $799,000 in Rolling Hills Estates to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 55 townhomes/condos for sale priced between $250,000 and $950,000. My favorites were: Nick Peters' 22 Oceanaire Drive,...