Explore Palos Verdes Peninsula, CA

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 0
On Thursday evening, I drove down Palos Verdes Drive South and noticed lights on at our new Terranea Resort.   A call to Ara Mihranian, Project Planner at the City of Rancho Palos Verdes, confirmed that the contractors are working extended hours in the enclosed interiors of the site.  It is the ...

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 0
There were 11 homes on the Palos Verdes Real Estate Broker's Tour.  We currently have 258 active single family homes for sale in Palos Verdes ranging in price from $749,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $619,000).  There are 69 townhomes/condos for...

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 0
                                There are several 2008 holiday events coming up to be enjoyed by owners of Palos Verdes Real Estate.  The 52nd Yule Parlor Parade featuring 3 beautifully decorated homes will be held Friday, December 5th, and Saturday, December 6th, from 11:00 a.m. until 4:00 p.m. ...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
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The Federal Reserve swooped in to bolster the flagging economy with a further $800 billion rescue package for the failing mortgage industry this week .U.S. mortgage rates fell more than three-quarters of a percentage point when the program was announced. "This action is being taken to reduce the ...

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 1
Statistics for single family homes for the month of October for Palos Verdes Real Estate are now available.  There were 21 closed escrows (32 in September) and 16 pending sales (19 in September).  Active homes for sale have been reduced a bit to 264 (276 in September) . Average price for homes t...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
Mortgage Interest: Mortgage payments are set up to be due on the 1st of each month, and pay both a principal payment, as well as interest owed for the prior month. If a buyer's loan closes on 4/15, the lender will charge prepaid interest for the last 15 days of the month that the loan closes, whi...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
Most home inspections do not include a specific test for the presence of mold, other than determining whether there is evidence of prior water damage or the obvious smell of mold. Mold is an increasingly sensitive and complex area, and is the subject of significant litigation. Most homeowners ins...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
Home Improvements can substantially increase the value of your home, but it is important to understand that most home improvements will not necessarily lead to an increase in the home value at least equal to the investment.  According to a 2007 Annual Survey prepared by Remodeling On-line, on ave...

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 1
There were 16 homes on the Palos Verdes Real Estate Broker's Tour.  We currently have 263 active single family homes for sale in Palos Verdes ranging in price from $749,000 (see below) to $18,900,000 in Rolling Hills (the low in Eastview is $479,000).  There are 63 townhomes/condos for sale price...

By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Comments 6
For the past couple of years price and value had a serious disconnect, but I'm beginning to see the two form a closer relationship. It stings when assets drop in value, and since a home is many people's largest asset, the pain can be very intense as the dollars disappear.  Denial is common.  Ange...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 1
The following are approximate interest rate levels for varying loan types as of November 14, 2008: November 14, 2008   FIXED RATES CONFORMING JUMBO       Rates Points Rates Points   30-Year Fixed Rate 5.875% 1.000 8.250% 1.000                   30-Year Fixed Rate FHA 6.250%   7.125%              ...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 3
The Congress is currently considering bailing out General Motors by making a $25 billion dollar loan. General Motors is burning up cash at an alarming rate (they used almost $7 billion in cash last quarter alone ). I personally do not understand what good making a $25 billion dollar loan to Gener...

By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Comments 4
I'm beginning to notice a shift in buyer's expectations.   The dream of the McMansion on The Hill is being replaced with the lure of a romantic cottage by the sea, or in the hills, or tucked away at the end of a private lane.  Perhaps they've spoken with their lenders and had their dream home rec...

By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Comments 0
  Your down payment of 20% is in the bank for that million-dollar home you want to buy in Palos Verdes.  Congratulations, but there is still work to be done before you start shopping:   Know the Score:  If you're not already familiar with your credit score, find out what your number is.  If it's ...

By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Comments 6
  Dear Valued Clients of Norma Toering & Team,   It is mid-November and Thanksgiving is fast approaching.   My first note of gratitude goes out to you for your loyalty and business.  You are truly the cornerstone of my business. I appreciate your continued support and stand ready to assist you wi...

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 0
  On Tuesday, I attended a presentation by Robert A. Kleinhenz, Deputy Chief Economist for the Callifornia Association of Realtors, to hear the forecast for Palos Verdes real estate.  Although, Kleinhenz did not have information specific to Palos Verdes (because we need a minimum of 30 sales per ...

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Comments 0
  The news today from the Federal Housing Finance Agency was that conforming loan limits will remain at $417,000 in the continental United States for 2009.  There are higher loan amounts for certain counties.  These are known as ‘High Cost Areas" and we are one of them.  Our conforming loan limit...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
The following is a list of tennis facilities and clubs on the Palos Verdes Peninsula: Tennis FacilitiesRolling Hills Estates:        Ernie Howlett Park --- 310-541-4585 Rolling Hills Estates Tennis Club --- 541-4585. Jack Kramer Club --- 310-326-4404 Peninsula High School Palos Verdes Estates: Pa...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
Point Vicente Interpretive Center is located near the southern terminus of Hawthorne Boulevard, just south on Palos Verdes Drive West. This Center is one of the best viewing points for the semiannual migration of whales along the California coast. The center was recently expanded and remodeled. I...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
The following is a list of Utility and Transportation Providers for the Palos Verdes Peninsula: CALIFORNIA WATER SERVICE(310) 541-2438  COX COMMUNICATIONS(310) 377-1800 VERIZON TELEPHONE(800) 483-4000 EDISON INTERNATIONAL(800) 684-8123. SOUTHERN CALIFORNIA GAS COMPANY(800) 427-2200. WASTE MANAGEM...

Palos Verdes Peninsula, CA Real Estate Professionals