Palos Verdes Real Estate

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!

Pocket Listings

Whenever the market gets hot, the subject of pocket listings comes up.  A "pocket listing" is a signed listing with an agent who, for whatever reason, does not put that property on the general market.  The reasons might be that the seller doesn't want hordes of people tromping thru, or that the agent would like to see if his buyer will buy it before exposing it to other agents, thus ensuring the agent of a bigger commission.  While the first...Continue Reading!

July, 2013, Newsletter

Dear Neighbor:  As I said in my March newsletter, “it’s just a matter of time (and not much time) before rates rise”.  Well, that time arrived last week as you probably heard on the news.  30-year fixed rates on loans over $730,000 have shot up to nearly 6% from around 4% a month ago.  Though it may look high, 6% is still low by historic standards (my parents loan on Pleasant Hill Drive was 6.25% in 1963), and it’s a pretty...Continue Reading!

Just Listed in The Gardens

This closed escrow at $413,000.  There is pretty much nothing for sale in The Gardens, mostly because people who live there love it and won't move.  Here's your chance to join them with this coveted end unit with 2 master suites, family room off the kitchen, private patio, 2-car garage, and not far from the pool/clubhouse (but far enough).  2 bedrooms with big closets, 2 full baths + a guest bath on lower level.  I hope, for your sake, that this...Continue Reading!