Palos Verdes Real Estate

Newsletters Category

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!

July 2024 Newsletter

Dear Neighbor: I was bombarded with phone calls after my May newsletter, on the subject of Proposition 19 and property re-assessment upon death of a parent.  As the bill was originally passed and implemented, it required that, upon death of the parent, ALL heirs move into the inherited house to avoid a reassessment at market value which, as you can imagine, would trigger a massive increase in property taxes.  Well, it appears that Sacramento was also bombarded with complaints about that...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!

Beautiful Lease in The Estates

3602 Estates Lane #104 is a completely remodeled 2 bedroom 2 bath, one level condo in Rolling Hills Estates.  Includes dishwasher, microwave, refrigerator, walk-in closets, lots of storage cabinets, and 2 covered parking spots.  Outstanding community amenities include pool, spa, huge rec room, and babbling brooks throughout the complex.  Walk to grocery shopping, restaurants, and the South Bay's best pizza place -- Lamp Post Pizza!  Great location for off-hill commuting.  Get the kids in the incomparable PV Schools (full disclosure,...Continue Reading!