Dana Graham

Palos Verdes Information Category

January 2025 Newsletter

Dear Neighbor: Not to beat it to death, but real estate prices were flat for most of 2024.  As you know, there was a big run-up in prices during Covid, the reasons for which I have discussed previously.  By all odds, there should have been a post-Covid price correction; but if there was, it was barely measurable.  One reason was the number of people who re-financed when interest rates were under 3% and don’t want to sell their house and give...Continue Reading!

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!

The Latest on Water-Related Events in Palos Verdes

I suppose this will all someday be history, so on those tenuous grounds, here we go: I’m sure by now you’ve heard about the heart-rending ground movement at Wayfarer’s Chapel.  Completed in 1951, designed by famed architect Lloyd Wright, Jr (son of Frank) on land donated by Narcissa Vanderlip, this stunning chapel has become an iconic landmark on the Peninsula, rivalled only by La Venta Inn. Due primarily to the heavy rains of the last 18 or so months, the Abalone Cove...Continue Reading!

January 2024 Newsletter

                                                                                                                                                                 ...Continue Reading!

Just Listed near Peninsula Center — Sold within 5 days

27537 Elmbridge, RPV, is a 3 bedroom 2 bath home within walkng distance to Soleado Elementary, Peninsula High, and the Peninsual Center.  High ceilings give the main living areas an exceptional feeling of space.  One bedroom features an outside entrance and there is a peek a boo view of the city and mountains from the master suite.  Air conditioned for year around comfort.  The rear yard is large and flat with a lot size of over 13,000 square feet, and...Continue Reading!

November 2023 Newsletter

In my last letter I briefly discussed the market statistics.  I’m not a big fan of statistics as they can be misleading, but in this case they illustrate a current trend – the market is slowly slowing, which any experienced agent will tell you just by the “feel” of it.  When I wrote my last newsletter 60 days ago there were 112 houses for sale on the Palos Verdes Peninsula with an average time on the market at about 30...Continue Reading!

New Listing in Los Verdes — now sold in one week.

Like being at a B & B in Italy, this 3 bedroom 2 bath one level home just exudes charm and privacy.  From the private front courtyard to the expansive view of the Pacific and Santa Monica Mountains, this is truly a unique property.  You'll have a hard time finding another like it.  $1,699,000.  Closed escrow -- sold inside of a week. [ngg src="galleries" ids="124" display="basic_thumbnail" thumbnail_crop="0"]Continue Reading!