Palos Verdes Real Estate

Real Estate General Info Category

The Top Ten Reasons Escrows Fall Out

When I got into this business 35 years ago, my office couldn't help but notice that my escrows almost never fell out.  They were so impressed that they had me give a series of classes on the subject to the newer agents.  500+ escrows later, my escrows still almost never fall out.  What follows are the Cliff Notes on why that is, without giving away all my trade secrets. First, by way of general explanation, every contract provides a buyer contingency period...Continue Reading!

Is It A Good Time to Buy? A Good Time To Sell?

I get these questions all the time.  This is one of those times when I can honestly say that it's a good time for either.  I know what you're thinking, but hear me out: If you're buying:  Interest rates have not been this low since the Earth cooled.  4%?  Are you kidding?  They've been low for a while now (tho not this low), and we've sort of gotten used to them.  When I got into this business in 1984 the best 30-year fixed rate loan was...Continue Reading!

Listings I’ve Sold Recently

In no particular order, here is a sample of listings I've had that have recently sold.  I'm transferring these over from my old site, so if you want to see them all in the meantime, go to DanaGraham4re.com/properties/my listings.  This is a new site and I'm having some formatting issues, so please bear with me: 2233 Via Acalones, Palos Verdes Est.  About 2700 square feet on a street-to-street lot. It needed a little updating and sold for $1.8 million.                                1533 Addison Road,...Continue Reading!

January, 2012

In 2011 Palos Verdes sales continued at about the same pace as last year, aided by a continuance of historically low interest rates in the 4%’s.  However, the average sale price in Valmonte , for example, dropped from $1,482,438 to $1,209,634, and the average sale price in dollars-per-square-foot (if you’re into that sort of thing – I’m not – see below) dropped from $632 to $506.  A cursory look might lead one to conclude that prices in Valmonte had dropped...Continue Reading!