Palos Verdes Real Estate

Property Inspections

Obtaining a property inspection is a crucial step in the buying process and a popular subject for TV shows.  As a veteran of those type of shows, I will just tell you that what ends up on the screen often bears little resemblance to what actually went on.  But I'm getting ahead of myself. While you want to have an inspection by a disinterested, but qualified, 3rd party (please be there for it), there are aspects of property inspection that may not...Continue Reading!

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!