Dana Graham
Home"Palos Verdes Resident since 1947"
Palos Verdes Information Category
March 2016 Newsletter
March, 2016 Dear Neighbor: As predicted, after a slower last half of 2015, the market picked right up after the first of the year. 2 reasons: one is that it normally does this, since people put off buying and selling over the holidays, then hit the market right after the New Year; the other reason is that the pundits who claim to understand these things predicted that interest rates were finally going to go up, so buyers didn’t want to miss that. ...Continue Reading!
1329 Granvia Altamira, PVE — just closed escrow
This is a very nice, turn-key one level home on an enormous flat lot in Montemalaga. Remodeled throughout and at 2439 square feet, it features 4 bedrooms, 2.5 baths, formal dining, family room, living room, formal entry, and a huge garage. Top drawer throughout, as these pictures will attest. $1,995,000. Call me at 310 613-1076 to get in on the ground floor. No surprise to anyone, this house sold right away. It closed April 8, 2016. Continue Reading!
November 2015 Newsletter
Please click on this link to see my November, 2015, newsletter. 11-1-15 MailingContinue Reading!
September Newsletter
September, 2015 Dear Neighbor: In my last letter, I mentioned that the market was showing signs of slowing after almost 2 years of frenetic activity. It has, and there are now roughly twice the number of homes for sale in Palos Verdes as there were a year ago, although the number then was about the lowest I can remember in my 31 years in this business. As usual, when this happens without any outside event, I suspect that an affordability threshold has...Continue Reading!
Stale Listings
My clients lately have gotten my "Stale Listing" speech, which goes like this: the market has been going bananas for about 18 months. Whenever this happens, the idea seems to settle in that a seller can pretty much name his price and buyers will beat a path to his door. There is no shortage of current examples. If this isn't a sure sign that the market is about to slow down, it certainly contributes to it. Buyers look at the "comps"...Continue Reading!
As Seen in the Daily Breeze
I was named #1 Berkshire Hathaway agent in PV for 2014, which is kind of impressive since I have no assistants, secretaries, sub-agents, or anything else. If you click on the re-print below, you can actually read the whole thing. If my clients hire me, they get me for everything. Check the Testimonials in the upper right to see what my clients think of me. Call me and become one -- 310 613-1076. Continue Reading!
May 2015 Newsletter
May, 2015 Dear Neighbor: I’m not sure if the entire market is going crazy or just my share of it. In my last letter I mentioned that there were not a lot of homes for sale. That continues to be true, with the only ones not selling being those who, trying to take advantage of the market, have overshot the mark on the price. Speaking for myself, I can hardly get my listings on the market before I have really good offers. ...Continue Reading!
March, 2015 Newsletter
March, 2015 Dear Neighbor: The real estate market hasn’t changed too much since I last wrote in January. There is still a dearth of homes for sale, which insures that any that come up at a reasonable price don’t last long. All my listings are in escrow, but I do have a really lovely one level 4 bedroom home at 8 Aurora Drive, RHE, coming up about the time you receive this. Price will be $1,295,000. I will probably have others by...Continue Reading!
The History of Palos Verdes (straight from those of us who lived it)
Just out on You Tube is a fascinating history of Palos Verdes Estates as told by those of us who lived thru it. You'll see many faces and places you recognize, including me. Sorry, this link is down for some reason -- it's being investigated. Continue Reading!
November 2014 Newsletter
Dear Neighbor: The market continues as before. I would say it’s about a 7 on a scale of 10. I sense, though, that many buyers think the market has peaked or is about to. The argument for buying now remains low interest rates – just over 4% for 30-year fixed. I’m telling you, we’re all going to look back on this as the good old days. The subject this month is the agent you hire. Hire me. OK, letter’s over. But seriously,...Continue Reading!