Palos Verdes Real Estate

Sellers Category

September 2013 Newsletter

Dear Neighbor:  In my July newsletter I mentioned that interest rates had just gone up about 2% (which is huge – 4% to 6%) about a week before I wrote it.  They have now settled to just under 5% now (loans over $729,750 are somewhat higher), but the predictable effect has transpired:  whereas in April when the market was absolutely berserk, there were as few as 112 homes for sale on the Hill; there are now 168, give or take.  For...Continue Reading!

Are Realtors Are Overpaid?

I've heard this question before, and I understand where it comes from.  The answer is generally no, however, and here's why: 1)  When you pay your Realtor a commission to sell your house, you are paying for the accumulation of (presumably) many years' experience being brought to bear.  While you are not generally paying your realtor to attract buyers (if you read my stuff you already know this), you are paying him/her for what happens when an offer(s) appears.  I get into...Continue Reading!

New Lease — Valmonte Family Home — Reduced!

Just listed at 112 Via Las Vegas is this lovely about 3000 square foot one-owner family home in the coveted Valmonte neighborhood of Palos Verdes Estates!  4 bedroom 3.5 baths, gleaming re-finished hardwood floors and new wall-to-wall carpet, 2-car garage + tons of off-street parking, huge laundry room and storage space galore.  This house has a living room, family room, rumpus room, storage room, dining area, and is located on 1.5 lots (lots of yard) on a cul de sac --...Continue Reading!

New on Market on El Rodeo

This 2750 square foot 4 bedroom + office 3 bath home has just come on the market. Completely remodeled, it features island kitchen with granite counters, high ceilings, family room off the kitchen, 2 bedrooms on main level, 2 more (including master suite) upstairs. The private rear garden includes a barbeque and lattice patio cover. 6710 El Rodeo in New Los Verdes. $1.2 million and should be a gonner at that. [nggallery id=30]Continue Reading!