Palos Verdes Real Estate

Newsletters Category

November 2019 Newsletter

                                                                                                                                                         November, 2019 Dear Neighbor: Greetings from out here in the trenches.  Did you see the recent article in BusinessInsider.com on the Top 10 zip codes where the wealthiest millennials in the country live?  According to the article there are 618,000 millennial millionaires in the country and, as you might expect, the bulk of them live in Silicon Valley and the surrounding area, but it was #10 and #1 on the list that got my attention:  #10 was 90275, which...Continue Reading!

September 2019 Newsletter

Dear Neighbor: I have a number of new listings that have come on the market since my last letter, black and white flyers for which are included.  I’ve also got a couple more coming up in PVE and RPV under $1.4 million, so please call me if you or anyone you know might be interested.  It’s generally better to get to them before the world at large finds out, and this is your chance. The market has slowed noticeably in the last...Continue Reading!

July Newsletter

                                                                                                                                                                                                                                                                                                                                     July, 2019   Dear Neighbor: Well, I guess predictions that interest rates were on a long-term increase turned out not to be quite true.  Rates on purchase money loans for homes are now right around 3.875%, about .5% lower than they were a couple of months ago.  Wait long enough and they’ll be paying you to take the money. I’ve got 3 great listings coming up: 344 Via Almar, PVE is a 2642 square foot 4 bedroom 3 bath house in lower Malaga...Continue Reading!

May 2019 Newsletter

                                                                                                                                                                  May, 2019 Dear Neighbor: Palos Verdes (and surrounding area) real estate prices continue on a slow, barely perceptible downward trend.  The data and news in the press are all over the place (the parameters are often set to fit the story), but that’s the big picture.  One reason the trend is so slow is that there continues to be a shortage of houses for sale, which is supporting the prices.  Interest rates hover generally the low 4%’s, though you can beat...Continue Reading!