Dana Graham

Real Estate General Info Category

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!

Valmonte! First Time For Sale Since 1955

Sold!  Opportunities abound with this traditional 3478 square foot home in the Valmonte section of Palos Verdes Estates, on a usable 11,000 square foot lot.  There are 5 bedrooms and 3.5 baths in the wonderfully flexible floor plan.  All rooms are large, and include living room with manly wood-burning fireplace and full width balcony with access to huge rear garden, family room which also has a similarly manly fireplace, huge rumpus/play room, and workshop with separate outside entry.  This property...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!

For Lease on Via Solano, PVE — sorry, leased

4128 Via Solano, Palos Verdes Estates, is your classic Valmonte home -- 3 bedrooms. 2 baths, 2300+ square feet with a pool and spa.  Get that great Valmonte climate, on a quiet street, and easy commute off the Hill.  Lease asking price is $4500/month.  Don't wait on this one -- call me at 310 613-1076. [ngg src="galleries" ids="85" display="basic_thumbnail"]Continue Reading!

March 2019 Newsletter

                                                                                                                                                                  March, 2019 Dear Neighbor: The word is out!  Did you see USA Today Online where Palos Verdes Estates was ranked the best city in California in which to live?  Not one of the top 10, or top 5, but the best.  Housing prices are currently on a very slow downward trend.  There is still a shortage of homes for sale, which is working against an otherwise more rapid decline.  Remember the “no doc” loans of the early 2000’s, where the lender just...Continue Reading!

January 2019 Newsletter

Dear Neighbor: I think it would be hard to make the case that real estate prices in Palos Verdes have increased during the past year.  Of course there are all kinds of claims and statistics out there, but observing from out here where the rubber meets the road, prices look flat for 2018; however, they are still at or near their all-time highs.  There isn’t space to get into it here, but I’m sure you understand that in an area of...Continue Reading!

27105 Diamondhead, Ln, RPV — Sold in 2 Days!

Located on Diamondhead Lane, this is a lovely 4 bedroom 2.5 bath 2814 square foot family home on a huge (12,100+ sf) usable lot.  The house is in immaculate, original condition, and all rooms are quite large.  Diamondhead is a cul de sac within walking distance to Peninsula High, Soleado Elementary, Peninsula Center, and provides easy commute via quick off-Hill access on Hawthorne Blvd.  $1,350,000.  Sorry, this sold in 2 days. [ngg src="galleries" ids="84" display="basic_thumbnail"]Continue Reading!

November 2018 Newsletter

Dear Neighbor: Did you know that Rancho Palos Verdes ranked #8 among the 50 safest cities in California according to SafeWise?  They calculate based upon the number of crimes (robberies, murders, etc) per 1000 inhabitants.  So not only do we have wonderful schools, climate, restaurants, scenery, and isolation from the rest of LA, but you’re extremely likely to enjoy it all in safety. The real estate market continues to be rather flat price-wise.  Real estate cycles tend to last from 7 to...Continue Reading!

September 2018 Newsletter

                                                                                                                                         September 2018 Dear Neighbor: Well, Summer’s about over and we’re heading into Fall (I know you were waiting for this letter to find that out).  One of the misconceptions I cover in my talk about Real Estate Myths and Realities is the myth that Spring is the best time to sell.  That has so settled into the public consciousness that it often comes as a shock when I tell you . . . are you sitting down? . . . it’s...Continue Reading!