Palos Verdes Real Estate

Sellers Category

Beautiful 55+ Unit in Torrance — Sold!

This closed escrow at the asking price.  2367 Jefferson St #117, Torrance, is a 2 bedroom corner unit in a newer building just north of Wilson Park, and is convenient to shopping, entertainment, restaurants, etc.  With granite counters, high ceilings, laundry in the unit, and a lovely balcony off the living room, this choice unit is perfect for those downsizing.  Association amenities include gated parking, a meeting room, a party room with full kitchen, fitness room, and a large sheltered...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!

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!

Palos Verdes Estates Ranked as Best City in California in Which to Live!

CALIFORNIA   FOCQUS, LLC / GETTY IMAGES   Population: 13,582 5 yr. population change: +1.3 percent Median home value: $1,609,500 Median household income: $200,766 Located along the Pacific Coast less than 30 miles from Los Angeles, Palos Verdes Estates is the best place in California to live. One of the wealthiest neighborhoods in the country, the typical household earns over $200,000 a year, more than triple the national median household income of $55,322. Crime is virtually unheard of in Palos Verdes Estates as its...Continue Reading!