"Palos Verdes Resident since 1947"

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!

344 Via Almar, Palos Verdes Estates — Just Reduced to $1,899,000!!

A lovely 4 bedroom 3 bath 2642 square foot home in lower Malaga Cove with an unobstructable ocean/coastline view.  High, open beam ceilings, new carpet, paint in and out, new landscaping.  Walk to RAT and Torrance Beaches, Roessler Pool, Haggerty's, Malaga Cove Plaza, Riviera Village.  Now just $1,899,000 and turn-key.  This is a view house in Lower Malaga Cove folks.  Call me at 310 613-1076 for a private showing. [ngg src="galleries" ids="87" display="basic_thumbnail"]Continue Reading!

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!