Kindergarten Registration - 01/27/09 11:28 AM
 
 
February is traditionally the month that Kindergarten "Round-Up" is held for owners of Palos Verdes real estate who have children entering Kindergarten in the Fall.  I should restate that because tenants in Palos Verdes may also enroll their children in Palos Verdes schools.  This year Kindergarten Orientation will be held on Monday, February 2,  at Vista Grande Elementary School and Tuesday, February 3, at Dapplegray Elementary School.  Both meetings will begin at 7:00 p.m.  Click here to read more.....
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Property Tax Reductions - 01/20/09 01:07 PM
 
I was recently asked about reduction in property taxes for areas of declining values.    Although statistics show that Palos Verdes real estate has only declined 6.2%  in 2008, it might be worthwhile to request a reassessment from the Los Angeles County Tax Assessor if you have purchased your home in the last few years.  By the way, you really can do this yourself and do not need to hire one of the "services" that have popped up that want to charge you for this service.  Click here to read more....
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December Market Statistics and Year-End Results - 01/16/09 10:52 AM
 
The numbers are in and owners of Palos Verdes Real Estate single family residences experienced a 6.2% decline in 2008 average sales price compared to 2007.   That is actually not bad compared to the rest of Los Angeles County which was down about 28%.   Home values on the Palos Verdes Peninsula have held fairly steady: 2008 was the first year of declines in recent memory.  Palos Verdes homeowners enjoyed an average of 12% annual appreciation for the prior 5 years - 2007 was 2.1%,  2006 was 2.5%, 2005 was 19.2%, 2004 was 20.2% and 2003 was 16.7%.  Number of sales were down from 2007 … (1 comments)

Top Tusday Tour Tips - 01/14/09 10:31 AM
There were only 7 homes on this first Palos Verdes real estate Broker's Tour for 2009.  We currently have 224 active single family homes for sale in Palos Verdes ranging in price from $699,00 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $599,000).  There are 53 townhomes/condos for sale priced between $269,900 and $2,000,000.  My favorites were: Click here to read more....
   
 
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Have We Hit Bottom? - 01/12/09 03:12 PM
 
Conventional wisdom tells us that we do not know if we have hit bottom until we are on the way up.  Trying to "time" the bottom is a matter of luck.  For buyers of Palos Verdes real estate I encourage them to consider the following:
 1) Interest Rates are at historic lows.  4.75% for conforming 30-year fixed and 6.625% for jumbo 30-year fixed rate loans.
2) Many buyers are sitting on the sidelines waiting and watching.  Buyers entering the market now have less competition and are able to negotiate better with sellers.  Click here to read more.....
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Remodeling Cost vs. Value - 01/09/09 04:51 PM
 
I am often asked by owners of Palos Verdes real estate which remodeling projects will give them the greatest return on their investment.  The answer is siding replacement, window replacement and major kitchen remodel according to the December 2008 Realtor Magazine.  This article covers areas around the country and states, "Pacific Coast cities recorded the best payback on remodeling by a wide margin.....replacement projects that boost curb appeal - siding, windows and decks - give you the greatest chance of recouping your money.  Inside, only kitchen remodels can compare..."Click here to read more.....
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2008 Favorite Top Tuesday Tips - 01/06/09 11:24 AM
I thought it would be fun to go through 2008's Top Tuesday Tour Tips for Palos Verdes real estate and pick my favorites, tell you why and give you an update on those properties.
     
My favorite listing is my own listing at 838 Rivera Place, Palos Verdes Estates; it is a 4 bedroom, 3 bath, 3,025 square foot home for $2,449,000 (original price was $2,499,000.  This Lunada Bay home is lavishly remodeled with a private courtyard entry and panoramic ocean/Catalina views from nearly every room.  It is a great alternative to a Terranea casita (and less expensive) and you can use it … (5 comments)

 
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Elaine Carlson

Palos Verdes Peninsula, CA

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Remax Palos Verdes Realty

Office Phone: (310) 802-2393

Cell Phone: (310) 701-5698

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