Ljittle Change in Interest Rates - 01/22/11 04:57 PM
Interest rates have remained pretty steady over the last couple of weeks, increasing slightly from a small decline which had taken place recently. The following is an excerpt from this week's newsletter on interest rates from HSH Associates :
"The upward tick for rates may persist into next week. A slew of fresh economic data is due, including the first look at 4th quarter 2010 GDP. The Federal Reserve holds a two-day meeting to chew over the level of growth, inflation and the efficacy of the on-going QE2 program, and we'll see reports covering durable goods, new home sales and a final January look at Consumer Sentiment. We'll … (1 comments)

10 Things California Baby Boomers Need to Know About Helping Their Kid Buy a House - 01/22/11 04:39 PM
I have worked with several of my clients to help them buy a home for their grown children. In this day and age, it is very difficult for young adults to save enough on their own for a down payment on a home, but there are a number of things that a parent can do to assist their grown child to buy a home.  Following is an excellent article by Janet Guilbault on 10 things you can do to help your kid buy a home:
Via Janet Guilbault California Mortgage Banker/Broker:
We baby boomers have always been a headstrong bunch of pioneers, and … (0 comments)

Eastview Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/22/11 04:23 PM
The Eastview area of Rancho Palos Verdes ( area 177 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold: 5
Address                         Sales Price BR BA  Sq.ft. $/Sq.ft Yr.Blt. MLS#     Sold Date     Days on Mkt.
28702 Mt. Lassen Lane      $650,000 3 3.00 1,768 $367.65 1973 V10079497 10/29/10      65
1953 Avenida Feliciano       $676,000 4 3.00 1,800 $375.56 1961 S10083160 11/16/10      68
27802 Avenida Cuaderno   $692,250 3 2.00 1,516 $456.63 1959 V10085426 10/19/10      29
28626 Mount Lassen LN     $700,000 4 2.00 2,100 $333.33 1973 S10069585 11/16/10      96
2030 Velez DR                    $720,000 4 … (0 comments)

Silver Spur Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2010 Real Estate Market Report - 01/22/11 04:10 PM

The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
 
Properties Sold: 5
Address                     Sales Price BR BA  Sq.ft. $/Sq.ft Yr.Blt. MLS#  Sold Date  Days on Mkt.
26836 Grayslake RD        $789,000 4 2.00 1,890 $417.46 1960 S10057508 10/08/10      113
26924 Grayslake RD        $805,000 3 2.00 1,838 $437.98 1960 S10105438 12/20/10        71
5102 Kingspine RD          $816,000 3 2.00 1,860 $438.71 1956 V10110629 12/03/10          9
5908 Flambeau RD          $862,000 3 2.00 1,890 $456.08 1959 S634065     12/10/10      105
5250 Willow Wood Rd   $1,099,000 … (0 comments)

Peninsula Center Area of Rolling Hills Estates and Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/22/11 04:01 PM
The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 4th Quarter of 2010 :
Properties Sold: 6
Address                      Sales Price  BR BA  Sq.ft. $/Sq.ft Yr.Blt. MLS#      Sold Date      Days on Mkt.
27803 Longhill DR            $835,000 4 2.00 2,017 $413.98 1966 S10074253 10/29/10          64
4957 Delacroix RD            $857,525 4 3.00 2,254 $380.45 1966 S10112846 12/15/10          53
27515 Warrior DR             $875,000 3 3.00 1,896 $461.50 1966 V10098120 10/28/10           7
27890 Longhill DR          $1,025,000 5 3.00 2,440 $420.08 1966 V10058210 12/15/10       106
27414 Larchbluff            $1,050,000 4 3.00 2,383 $440.62 … (0 comments)

Crest Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2010 Real Estate Market Report - 01/22/11 03:47 PM
The Crest area of Rancho Palos Verdes and Rolling Hills Estates ( Area 174 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold: 4
Address                             Sales Price BR BA  Sq.ft.$/Sq.ft Yr.Blt. MLS#  Sold Date    Days on Mkt.
29422 Indian Valley RD        $800,000 4 3.00 2,051 $390.05 2002 V10062112   11/17/10    151
28921 Pinecastle DR            $830,000 3 3.00 1,822 $455.54 1966 F1842834     10/15/10    138
29716 Whitley Collins DR     $903,000 4 2.00 2,044 $441.78 1967 V10053756   10/08/10     83
28208 Seamount DR         $1,003,000 4 3.00 2,185 $459.04 1972 V10078088   10/01/10     67
 

… (0 comments)

Los Verdes Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/22/11 03:33 PM
The Los Verdes area of Rancho Palos Verdes (Area 173 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold: 11
Address                             Sales Price BR BA  Sq.ft. $/Sq.ft Yr.Blt. MLS#  Sold Date    Days on Mkt.
6940 Abbottswood DR        $870,000 4 3.00 2,056 $423.15 1963 S10089088 10/08/10      5
7035 Beechfield DR             $895,000 4 3.00 2,845 $314.59 1962 S10035946 10/14/10   175
28073 Braidwood DR          $915,000 4 2.00 1,880 $486.70 1963 V10080943 12/30/10    123
28319 Ella                          $940,000 3 2.00 1,780 $528.09 1964 V10112190 12/20/10      52
28303 Ella RD                     $969,000 3 2.00 1,780 $544.38 1964 V10088372 10/26/10      … (0 comments)

La Cresta Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2010 Real Estate Market Report - 01/22/11 03:20 PM

The La Cresta area of Rancho Palos Verdes and Rolling Hills Estates( area 172 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold:  5
Address                               Sales Price BR BA  Sq.ft.  $/Sq.ft  Yr.Blt.     MLS#       Sold Date   Days on Mkt. 
5314 Middlecrest RD        $1,350,000 4 4.00 2,788 $484.22 1958 S10097755 12/10/10      40
28857 Crestridge RD        $1,450,000 4 3.00 2,566 $565.08 1959 V10094261 12/23/10   103
18 Santa Catalina              $1,800,000 4 3.00 3,317 $542.66 1986 V10047366 10/25/10   173
22 Via Costa Verde            $1,950,000 5 6.00 5,630 $346.36 1991 V10056997 10/01/10   117
5964 Ocean Terrace DR   $2,450,000 … (0 comments)

Country Club Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/22/11 03:08 PM
The Country Club area of Rancho Palos Verdes (area 171 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold:  3
Address                          Sales Price BR BA  Sq.ft.  $/Sq.ft Yr.Blt. MLS#      Sold Date     Days on Mkt.

30364 Camino Porvenir    $1,375,000 4 3.00 2,906 $473.16 1971 V10092327 11/05/10        23
6892 Alta Vista DR           $2,250,000 5 5.00 5,285 $425.73 1986 V10058266 12/13/10      144
30200 Cartier DR             $2,800,000 5 7.00 6,188 $452.49 2010 S10063056 12/02/10      148
 
Properties for Sale as of 12/31/2010: 11

 
 
 
Average List Price at 12/31/10 : $ 1.7 million
Average Sales … (0 comments)

West Palos Verdes Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/22/11 02:58 PM
The West Palos Verdes area of Rancho Palos Verdes ( area 170 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold:  4
Address                    Sales Price BR BA  Sq.ft.   $/Sq.ft Yr.Blt. MLS#  Sold Date  Days on Mkt.
30358 Via Rivera           $975,000 4 3.00 2,779 $350.85 1970 V10039207 10/25/10 164
30181 Via Rivera        $1,580,000 4 5.00 3,321 $475.76 1961 S10079562 10/13/10 18
30 Via Del Cielo         $2,800,000 4 6.00 6,204 $451.32 2005 S10047842 10/27/10 177
70 Via Del Cielo         $3,000,000 4 5.00 4,183 $717.19 2000 V10110688 12/10/10 30
 
Properties for Sale as … (0 comments)

Palos Verdes Dr. South Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/21/11 07:40 PM
The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
 
Properties Sold:  8
Address                          Sales Price BR BA  Sq.ft.  $/Sq.ft  Yr.Blt. MLS#   Sold Date   Days on Mkt.
4361 Dauntless DR             $745,000 3 3.00 2,303 $323.49 1956 V10041346 11/04/10     170
6147 Arrowroot LN             $819,000 4 2.00 2,094 $391.12 1963 S10112363 12/17/10       14
9 Sea Cove DR                   $825,000 2 1.00 1,594 $517.57 1950 S10104423 12/30/10       77
6622 Channelview CT         $840,000 3 2.00 2,474 $339.53 1990 F1848408   11/21/10      113
16 Packet RD                     $900,000 3 2.00 1,967 $457.55 1957 … (0 comments)

New Manhattan Beach Requirement for Retrofit to Low flow Toilets at Sale - 01/11/11 08:20 PM
Toilet Retrofit Certificates are required as of JANUARY 21, 2011.
On December 21, 2010, the Manhattan Beach City Council approved the Toilet Retrofit Ordinance No. 2138, requiring that prior to transfer of ownership, dwellings meet specific water conserving standards for toilets. A plumbing permit is not required for this program; however, the owner may elect to obtain a permit and inspection for the retrofit.

The provisions of the Ordinance apply to all residential buildings at the time of property sale, unless an exception is requested, and supporting documentation is provided. Toilet Retrofit Certificate includes a list of exceptions.
For more information go to … (1 comments)

Prime Whale Watching off of Palos Verdes Coast - 01/10/11 06:25 PM
Now that the weather is cooperating, this is prime time to go whale-watching off Southern California, especially when you consider that  Pacific gray whales are being spotted in concentrations not seen locally in years.
As reported at Whales showing in large numbers off Southern California volunteers with the Gray Whale Census and Behavior Project on the Palos Verdes Peninsula logged daily counts of 38, 25 and 24  gray whales in a three-day span ending Sunday.The overall count of 178 southbound grays, since Dec. 1, places the project's count three times above last season's count through the same period.

The 65'  145 … (2 comments)

Mira Catalina Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/10/11 04:12 PM
The Mira Catalina area of Rancho Palos Verdes ( area 168 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold:  6
Address                      Sales Price  BR BA  Sq.ft.  $/Sq.ft  Sold Date     Days on Mkt.
30595 Ganado DR             $715,000 4 2.00 2,074 $344.74 12/30/10                 35
3663 Greve DR                  $765,000 3 3.00 2,357 $324.57 12/08/10                 39
2769 Calle Aventura           $820,000 4 2.00 2,290 $358.08 11/24/10                 89
3768 Falconhead DR          $830,000 3 3.00 2,304 $360.24 12/28/10                 60
3708 Hightide Dr.               $975,000 3 3.00 1,984 $491.43 12/24/10                 61
2 Paseo De Castana        $1,300,100 4 5.00 4,107 … (0 comments)

Palos Verdes Drive East Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report - 01/10/11 03:30 PM
The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010 :
Properties Sold:  6
Address                      Sales Price BR BA  Sq.ft. $/Sq.ft  Sold Date   Days on Mkt.
3536 Newridge DR          $818,000 4 3.00 2,661 $307.40 12/07/10            82
4313 Miraleste DR           $974,800 4 3.00 2,957 $329.66 12/15/10            56
2808 Via El Miro            $1,055,000 3 4.00 2,594 $406.71 12/01/10          124
48 Avenida Corona       $1,075,000 3 2.00 1,991 $539.93 12/03/10           39
3262 Starline DR           $1,100,000 3 3.00 2,426 $453.42 10/22/10          117
3217 Crownview DR     $1,199,950 4 3.00 3,132 $383.13 12/16/10         … (0 comments)

Rolling Hills 4th Quarter 2010 Real Estate Market Report - 01/10/11 03:18 PM

Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2010:
Properties Sold:  4
Address                        Price    Bd Bth   Sq ft    $/Sq     Date of Sale       Days on Market   
20 Portuguese Bend RD     $2,025,000 3 5.00 4,193 $482.95 10/08/10         12
2862 Palos Verdes DR        $2,500,000 5 4.00 4,066 $614.85 12/21/10         1
7 S Quail Ridge RD             $2,705,050 4 4.00 3,192 $847.45 11/17/10       199
6 Chesterfield RD               $3,075,000 5 6.00 5,902 $521.01 10/05/10        56

 
Properties for Sale as of 12/31/10:  12
 


 
Average List Price at … (0 comments)

Palos Verdes Drive North Area of Palos Verdes Peninsula 4th Quarter 2010 Real Estate Market Report - 01/10/11 03:06 PM
The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010:
Properties Sold: 8
Address                        Sales Price BR BA  Sq.ft.  $/Sq.ft   Dale of Sale     Days on Market
2219 Estribo                       $795,000 3 2.00 1,512 $525.79   10/07/10             270
27441 Rainbow Ridge RD    $860,000 3 2.00 1,884 $456.48   10/02/10              62
20 Club View LN               $1,050,000 3 3.00 3,231 $324.98   11/24/10             26
26041 Marina DR              $1,100,000 3 3.00 2,133 $515.71   12/13/10             16
34 Moccasin LN                 $1,225,000 3 3.00 2,975 $411.76   11/18/10            195
5453 Valley View … (0 comments)

Malaga Cove Area of Palos Verdes Estates 4th Quarter 2010 Real Estate Market Report - 01/10/11 02:48 PM
The Malaga Cove area of Palos Verdes Estates ( area 163 in map below )had the following real estate activity for single family residences during the 4th Quarter of 2010:
Properties Sold:  8
Address                    Sales Price   BR BA  Sq.ft. $/Sq.ft   Date of Sale  Days on Market
2744 Via Campesina      $1,055,000 3 2.00 2,091 $504.54 12/01/10            66
541 Via Del Monte         $1,273,500 2 3.00 2,338 $544.70 12/27/10            76
1524 Via Lazo               $1,500,000 5 4.00 3,453 $434.40 10/15/10            67
829 Via Somonte           $1,510,000 4 2.00 1,540 $980.52 12/07/10            66
3302 Via Campesina      $1,868,000 5 4.00 4,049 $461.35 12/21/10           90
1512 Via Lazo               $2,500,000 5 7.00 6,540 $382.26 10/29/10            10
2324 … (0 comments)

Valmonte Area of Palos Verdes Estates 4th Quarter 2010 Real Estate Market Report - 01/10/11 02:29 PM
The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2010:
Properties Sold:  6
Address                   Sales Price   BR BA    Sq.ft. $/Sq.ft    Date of Closing   Days on Market
3857 N PV DR                 $755,000 2 2.00    1,523 $495.73     10/18/10                  130
3901 PV DR                 $1,050,000 3 2.00    2,050 $512.20     10/27/10                    15
3915 Via Solano          $1,100,000 3 2.00    1,739 $632.55     12/23/10                    40
4013 Via Pima             $1,190,000 4 2.00    2,184 $544.87     12/23/10                   191
4009 Via Gavilan         $1,269,000 3 2.00    2,096 $605.44     12/01/10                    22
4201 Via Pinzon          $2,140,000 4 5.00    4,700 $455.32     10/06/10                    46
… (0 comments)

Monte Malaga Area of Palos Verdes Estates 4th Quarter 2010 Real Estate Market Report - 01/10/11 02:09 PM
The Monte Malaga area of Palos Verdes Estates ( area 162 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010:
Properties Sold:  3
Address                  Sales Price  BR   BA       Sq.ft.  $/Sq.ft  Date of Closing       Days on Market
1021 Via Nogales      $1,249,000 3 2.00        2,146 $582.01     11/08/10                    118
1515 Via Fernandez  $2,325,000 5 4.00        4,656 $499.36      12/24/10                     23
1817 Via Coronel       $2,350,000 4 4.00       4,094 $574.01      10/20/10                      2
  

Properties for Sale as of 12/31/10:  20

Average List Price at 12/31/10:  3.8 million
Average Sales Price of homes sold during 4th quarter: $2.0 million
Average Price per Sq. Ft. for … (0 comments)

Lunada Bay Area of Palos Verdes Estates 4th Quarter 2010 Real Estate Market Report - 01/10/11 01:34 PM
The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2010:
Properties Sold:  20
Address                  Sales Price   BR BA  Sq.ft.  $/Sq.ft  Closing Date   Days on Market  
2812 PV DR                    $899,000 3 2.00 1,612 $557.69  10/01/10              42
2116 Via Pacheco           $900,000 4 2.00 2,114 $425.73  10/29/10            165
2301 Via Rivera              $901,500 3 2.00 1,473 $612.02  10/15/10              92
2510 W PV DR                $950,000 3 3.00 2,019 $470.53  11/24/10            149
2621 Via Rivera           $1,025,000 3 2.00 2,045 $501.22  11/15/10              46
2653 Via Olivera          $1,150,000 4 4.00 2,828 $406.65  10/05/10              … (0 comments)

Interest Rates Remain Stabile - 01/07/11 08:00 PM
Interest rates have remained stabile over the last couple of weeks. The following are some excerpts from this week's newsletter on interest rates from HSH Associates :
"The economy continues its trend of firming growth, but there are few indications that it is poised to rocket forward. After a late-fall and early-winter rise, mortgage rates have largely levelled off.
The impetus for the rise has been a warming economic tenor after a late-summer swoon. However, in order for interest rates to continue to rise -- or even hold these levels -- we need to see continued upward progress or growing inflation concerns, or both. … (1 comments)

Yes Virginia, There are Buyers - 01/05/11 03:15 PM
This year, I received a wonderful Christmas present from Santa Claus,  3 escrows for property totaling $3.6 million, with 2 of them just closing, with the other buyer waiving contingencies and closing in a couple of weeks,  I also should be in escrow on another deal in a couple of days, with several buyer clients actively looking for a home.
 
I have been telling clients for a long time that now is probably the best time to buy a home that we will see in our lifetimes.  Interest rates are still at 50 year lows, and home prices appear to … (0 comments)

 
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Palos Verdes Real Estate Blog - Maureen Megowan

Palos Verdes Estates, CA

More about me…

Remax Estate Properties - DRE #01368971

Address: 63 Malaga Cove Plaza, Palos Verdes Estates, CA, 90274

Office Phone: (310) 541-6416

Cell Phone: (310) 259-7124

Email Me

Information about the real estate and home markets of the beach communities of the South Bay of Los Angeles and the Palos Verdes Peninsula. Palos Verdes homes for sale and South Bay Los Angeles real estate. I strive to be the best real estate agent / realtor in the cities of Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills Estates, Rolling Hills, Redondo Beach, Torrance, Manhattan Beach, Hermosa Beach, San Pedro and El Segundo.l


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