Palos Verdes Real Estate
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November 2024 Newsletter
Dear Neighbor: Real estate prices have flattened out in the past 6 months. There is never any shortage of explanations for whatever the market does, so I won’t indulge in that here. There is, however, a shortage of homes for sale, which is supporting the prices. Interest rates have eased a bit, into the 5’s if you know where to go (I do), but there are a lot of folks who don’t want to give up their current sub-3% mortgage by...Continue Reading!
High Density Housing
As most PV residents are now aware, in its infinite wisdom, the State has dictated that every city must have "affordable" housing. "Affordable" varies by city, but the fact that the State is using our tax money and something called the "Builder's Remedy" to bludgeon cities into compliance is disturbing. The spirit of the California State constitution is that zoning is left to the cities and counties, but Sacramento has found a cynical way around it. The artist renderings below...Continue Reading!
May 2024 Newsletter
Dear Neighbor: Lest you think all I do is to write you an occasional letter, I was honored to be named the #1 Berkshire Hathaway agent in the South Bay for the first quarter of 2024, and in the Chairman’s Circle (the highest level) for all of 2023. Thanks to all of you whose family homes I have had the honor to sell over the past 40 years. OK, done bragging. I’m going to get into the weeds a bit here, but...Continue Reading!
March 2024 Newsletter
Dear Neighbor: I don’t usually cover this sort of thing, but as I’m sure most of you know Wayfarer’s Chapel has been in the news lately, and in my capacity as President of the Palos Verdes Historical Society, I figured I’d include a brief mention. Next to La Venta Inn, which recently had its share of excitement, Wayfarer’s is probably the most iconic building on the Peninsula. Higher than normal rainfall has caused the landslide not only to accelerate, but also...Continue Reading!