"Work on the Trader Joe's store at the Golden Cove Center, approved by the Planning Commission in December 2008, is moving forward." according to an article in the Peninsula News. This is great news for owners of Palos Verdes real estate. After a couple of false starts, Palos Verdes is finally getting their own Trader Joe's. Demolition of the old Golden Lotus Restuarant is to start the beginning...
Seller Advice
Yesterday, there were 32 homes on the Palos Verdes real estate Broker's Tour. I was able to see ten of the homes in the allotted 2 hour time period. We currently have 287 active single family homes for sale in Palos Verdes ranging in price from $827,900 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 45 townhomes/condos for sale priced between $229,500...
It is Cherry Blossom Time again at South Coast Botanic Garden on the Palos Verdes Peninsula. This is the closest location for us to see the beauty and color of these trees. And when the petals fall in the breeze, it is like a silent rain. I often forget what a special place the Garden is. One can roam around for hours enjoying beauty and nature. It is a gift to our soul. South Coast Botanic...
The Montemalaga neighborhood is located in Palos Verdes Estates. The best thing about this neighborhood is the fabulous ocean and Queen's Necklace views (photo above) that many homes enjoy as this area is the highest elevation (up to 1380 feet) in Palos Verdes Estates. The Montemalaga neighborhood is roughly 1 square mile in area and has no ocean borders. It is located on the hill above Lunada Bay,...
Yesterday, there were only 13 homes on the Palos Verdes real estateBroker's Tour. It must be because of all the rain we have been having. We currently have 261 active single family homes for sale in Palos Verdes ranging in price from $799,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 49 townhomes/condos for sale priced between $229,500 and...
Statistics for single family homes for the month of January for Palos Verdes Real Estate are now available. January 2009 compared to January 2008 has the same number of sold/closed escrows, 1 additional pending escrow, and 46 more active listings/home for sale. Average price per square foot for homes that sold January 2009 is $494 compared to $545 last January. For the month of January, there...
Everyone wants to know how the Palos Verdes real estate market is doing. I am an optimist by nature so I have to check for facts before I give my opinion. Currently we have 32 properties that have sold/closed escrow since the first of the year compared to 23 properties this same time period in 2008. Additionally, there are currently 42 properties in escrow. So the Palos Verdes real estate market...
A very special place to visit in Palos Verdes Estates is the Labyrinth at Neighborhood Church. There is a memorial plaque which reads, "For the Journey of Life to Help You find Your Way." It is "Dedicated to the Memory of Miriam Levonian". As you walk the path to the center (which is marked as a shell), you are to ponder your life. I am usually struck with thoughts of all that I have to be...
Yesterday, there were 31 homes on the Palos Verdes real estate Broker's Tour. We currently have 249 active single family homes for sale in Palos Verdes ranging in price from $775,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 50 townhomes condos for sale priced between $339,000 and $885,000. My favorites were: Van Barbieri's 6580 Sea...
How to get buyers off the fence and into their new homes in Palos Verdes is the question of the hour. This morning, the Los Angeles Times had two interesting articles on that very subject. "A reverse offer gets attention" by Lew Sichelman explores a unique concept - What can the Seller do to coax the Buyer to the table? Sichelman suggests that the Seller may want to make the Buyer an offer. That...