Palos Verdes Real Estate

Palos Verdes Information Category

July 2022 Newsletter

                                                                                                                                                   Dear Neighbor: As you know, if you read these letters regularly, I have been predicting the imminent end of the crazy, partially Covid-induced real estate market of the last 2 years.  The combination of a shortage of homes for sale due partially to concern over Covid, with the persistently low interest rates and, until about a year ago, booming economy, extended the normal real estate cycle beyond the normal 9-10 years, resulting in a run-up in prices to historic highs. ...Continue Reading!

LA VENTA INN IS UNDER ATTACK!

  No, this is not some story about a Japanese submarine off-shore shelling La Venta in 1942.   YOU ARE NOT GOING TO BELIEVE THIS, BUT LA VENTA INN IS STILL UNDER UNRELENTING ATTACK BY A COUPLE OF NEIGHBORS who, with misinformation, have stirred up the others.   I am sorry to have to put this out there again, but just when we all thought there was an agreement 2 months ago, which La Venta had bent over backwards to achieve, the goal posts have...Continue Reading!

March 2022 Newsletter

Dear Neighbor: For reasons those of us out here in the trenches have a tough time understanding, the real estate market is still strong.  I know this sounds like a broken record (is that still a useful metaphor?).  You can say it’s because of a shortage of houses for sale, but that wouldn’t be the case if they weren’t selling the minute they hit the market, or before.  Clearly there are still, despite record high prices, more buyers out there than...Continue Reading!

Just Listed in Ridgegate! This sold instantly way over asking with 6 offers.

28005 Ridgecove Court is a lovely 2 bedroom 1.5 bath townhouse in highly desirable Ridgegate.  Located in the center of the complex, there are two spacious bedrooms upstairs with a full bath, including separate tub and shower and lots of closets.  The lower (main) level includes living room, kitchen with dining area, and guest bath, all with newer hardwood laminate flooring.  The kitchen features newer appliances as well as an entrance to the private patio and the two car private...Continue Reading!