Palos Verdes Real Estate

Buyers Category

May, 2013, Newsletter

Dear Neighbor:  Onward and upward!  Reasonably-priced homes continue to sell quickly, often with multiple offers.  Interest rates still have not moved upward, remaining at around 4%.  And lenders have begun making 95% loans again (5% down) – I think this is called amnesia.  One of the less-obvious issues we’re having these days is that of appraisals.  This is always a problem when the market is rising, as appraisers use closed sales (which, of course, are lower in a rising market) to determine...Continue Reading!

Sold Instantly! 4017 Via Nivel, PVE

Don't wait on this excruciatingly cute 1450 square foot one level Valmonte home, on the market May 20!  Remodeled 2 bedroom 2 bath with 3rd bedroom converted to family room and could be converted back. Over 8000 square foot flat lot, wonderful street, move-in condition, 2-car garage and, as you can see, curb appeal to die for.  $1,095,000 and worth every penny.  Call me at 310 613-1076 for a sneak preview! Update:  This property sold at $1,090,000 -- we deducted $5000...Continue Reading!

New Lease on Whitehorn

This will not last.  It didn't.  Leased 4/21/13.  For $2900/month you get this lovely about 1600 square foot one level 3 bedroom 2 bath home at 26629 Whitehorn Drive, RPV, which is walking distance to Silver Spur Elementary and Peninsula High.  There is also a convenient office, inside laundry room, private rear garden, and a 2-car garage with direct entry. [nggallery id=25]Continue Reading!

Coming Soon!

All these listings have sold and closed escrow -- call me for the latest on what's coming up -- 310 613-1076. I've got a few listings coming up in the next 30 days, so don't say I didn't warn you. Update:  Everything here is sold or leased except Los Verdes, which is still coming up late July. 5718 Ravenspur #303:  a lovely about 1500 square foot 2 bedroom 2 bath penthouse with high ceilings, big rooms, and even a little view.  Walk to...Continue Reading!