Dana Graham

Real Estate General Info Category

Just Listed in Ridgegate! This sold instantly way over asking with 6 offers.

28005 Ridgecove Court is a lovely 2 bedroom 1.5 bath townhouse in highly desirable Ridgegate.  Located in the center of the complex, there are two spacious bedrooms upstairs with a full bath, including separate tub and shower and lots of closets.  The lower (main) level includes living room, kitchen with dining area, and guest bath, all with newer hardwood laminate flooring.  The kitchen features newer appliances as well as an entrance to the private patio and the two car private...Continue Reading!

January 2022 Newsletter

Dear Neighbor: Whew!  We made it thru 2021.  The media continues to report brisk real estate sales but, as I’ve mentioned before, the media doesn’t know what they’re talking about.  The data they use is 2-8 months old and reflects what was going on then, not now.  I just heard 2 days ago that October business was up.  It kind of depends upon how you define “October business”.  They are talking about escrows that closed in October, which therefore generally went...Continue Reading!

November 2021 Newsletter

Dear Neighbor: Out here on the front lines, real estate trends often become apparent before the pundits and the press pick up on them.  As I’ve pointed out before, what you read in the press is generally written by reporters not directly involved in real estate.  Not being “in the business”, they tend to use data on closed sales which, by definition, reflects what the market was 60-120 days ago – escrows average about 60 days in length, and the price...Continue Reading!

Turn-Key Los Verdes Home Sold

First time for sale, this one level 3 bedroom 2 bath home is on a quiet street in Los Verdes and features a lovely view across Santa Monica Bay, mountains, etc.  Being sold by current long time owners, it has a remodeled kitchen, new paint, new carpeting, a 2-car garage, and inside laundry room.  A bargain at $1.3 million, so don't wait.  This sold before it hit the market at well over asking price. [ngg src="galleries" ids="111" display="basic_thumbnail" thumbnail_crop="0"]Continue Reading!

September 2021 Newsletter

Dear Neighbor: Don’t look now, but the market is still hot by almost any historical measure.  I say “almost” because I doubt we’ll ever see a repeat of the frenetic pace of the first 6 months of this year.  While there is still a fairly severe shortage of houses for sale, I am no longer seeing the lines of people waiting to buy – only just enough to generally get multiple offers within the first week, but not the crazy numbers...Continue Reading!

A Rare Frank Lloyd Wright, Jr, House For Sale! Closed Escrow over asking price.

In the pantheon of great 20th Century architects is Frank Lloyd Wright, Jr, designer of the iconic Wayfarer’s Chapel and of the 3 remaining Palos Verdes homes of his creation, of which 20 Narcissa Drive is one.  Being offered for sale for the first time since being designed and built in 1949 for Cecil B DeMille’s famous costume and set designer Ralph Jester and his wife Lois, this masterpiece of mid-Century organic architecture sits on grounds of 35,000+ square feet...Continue Reading!

July 2021 Newsletter

Dear Neighbor: To the amazement of many, me included, the real estate market continues to be red hot.  Demand exceeds supply, although it’s not clear to me that supply is any longer as constricted as it was during Covid.  Many people are deciding to sell now while the market is hot and prices are high, and retire to an area where the cost of living is lower.  As I’ve said before, I’ve seen markets similar to this in my 36 years...Continue Reading!

May 2021 Newsletter

May, 2021 Dear Neighbor: OK, the real estate market is, in a word, nuts right now.  It seems to have begun last Summer when the shortage of houses for sale, due partially to Covid, caused supply to fall far short of demand.  Other than the recent slight rise in interest rates (which always motivates buyers who think the interest rate train is pulling out of the station), I can’t honestly explain its perseverance.  I (and no one I know) could explain it...Continue Reading!

Top 1% for 2020

2020 was an interesting year, to say the least.  Despite it all, I ended up #3 in the company out of roughly 250 agents, and in the top 1% of all agents nationally.  A big thank you to all my clients who entrusted me with the sale or purchase of their homes last year, or in previous years, or in future years for that matter.  The guy on the left is Gustavo Cardenas, who is also a very good agent,...Continue Reading!

March 2021 Newsletter

Dear Neighbor: Out here in the real estate world we’re getting a small breather from the frenzied pace of 2020.  As I mentioned last time, that took us all by surprise.  When the reality of Covid hit in March, we all figured real estate was going to be on hold for the duration; but the opposite happened.  This was caused by the scarcity of homes for sale due to a) people just not wanting buyers carrying who knew what in their...Continue Reading!