Palos Verdes Real Estate
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September 2021 Newsletter
Dear Neighbor: Don’t look now, but the market is still hot by almost any historical measure. I say “almost” because I doubt we’ll ever see a repeat of the frenetic pace of the first 6 months of this year. While there is still a fairly severe shortage of houses for sale, I am no longer seeing the lines of people waiting to buy – only just enough to generally get multiple offers within the first week, but not the crazy numbers...Continue Reading!
A Rare Frank Lloyd Wright, Jr, House For Sale! Closed Escrow over asking price.
In the pantheon of great 20th Century architects is Frank Lloyd Wright, Jr, designer of the iconic Wayfarer’s Chapel and of the 3 remaining Palos Verdes homes of his creation, of which 20 Narcissa Drive is one. Being offered for sale for the first time since being designed and built in 1949 for Cecil B DeMille’s famous costume and set designer Ralph Jester and his wife Lois, this masterpiece of mid-Century organic architecture sits on grounds of 35,000+ square feet...Continue Reading!
Prepare to be Captivated! Sold Before It Hit the Market.
Words don't suffice -- you absolutely have to see it. This is a large one level home in excellent condition on a large corner lot in an idyllic Valmonte location. Entry is via a Dutch door into an captivating patio with a tranquil fountain. The spacious living room looks out onto the patio and features peg and groove hardwood floors and a wood burning fireplace. There is a separate dining area adjoining the roomy remodeled kitchen. All 5 bedrooms are...Continue Reading!
July 2021 Newsletter
Dear Neighbor: To the amazement of many, me included, the real estate market continues to be red hot. Demand exceeds supply, although it’s not clear to me that supply is any longer as constricted as it was during Covid. Many people are deciding to sell now while the market is hot and prices are high, and retire to an area where the cost of living is lower. As I’ve said before, I’ve seen markets similar to this in my 36 years...Continue Reading!