Eastview Real Estate Report for September 2008 Rancho Palos Verdes - 10/28/08 04:44 PM
The Eastview neighborhood of Rancho Palos Verdes has the option of attending Palos Verdes Schools, or LA Unified School System.  The area borders Western Avenue and is close to Trader Joes and Henry's markets as well as several larger supermarkets.  With schools and shopping nearby the area is a popular choice.
Eastview real estate update for September 2008:
Active Listings:  18 homes are currently listed for sale priced from $619,000 to $1,299,000.
Pending Sales:  9 homes are currently in escrow priced from $539,000 to $949,000
September Sales: 1 home closed escrow at $800,000.
 
Photo shows Eastview neighborhood.
 
Sales are … (4 comments)

Silver Spur Neighborhood Real Estate Report September 2008 Rancho Palos Verdes - 10/28/08 04:23 PM
The Silver Spur Neighborhood is located close to shopping, dining and entertainment on the Palos Verdes Peninsula.  Located only minutes away from the ocean, beaches and freeways it is easy to see why this is a popular residential area in Palos Verdes.
September 2008 real estate update for the Silver Spur neighborhood:
Active Listings:  12 homes are currently for sale priced from $864,900 to $1,299,000
Pending Sales:  5 homes are currently in escrow priced from $799,000 to $1,200,000.
September Sales:  2 homes closed escrow at $875,000 and $949,000.
Many of the homes in the Silver Spur area are within walking distance of … (1 comments)

I Was Googled at my Open House - 10/27/08 07:30 PM
They walked in, accepted the handout with a polite smile and proceeded through the property.  Before leaving they asked a couple questions, then requested to leave their information with me. 
I'm sure he noticed my surprise at their request because he replied, "We liked you right away, so while we were in the backyard we Googled you."
You guessed it, they found my blog and profile on Active Rain.  These are smart people, and not any agent will do.  They want to know they are working with an active agent, an experienced agent and a trustworthy agent. 
Sure, it takes time … (51 comments)

Pricing a Property Involves Much More Than Simply Pulling a Number Out of a Hat - 10/27/08 06:24 PM
Attention Sellers and Buyers I'm going to let you in on a real estate secret. I hate to admit it, but  pricing a property is not an exact science.   So how do we do it?
 
 Agents (and appraisers) look at comparable sales in the same neighborhood (LOCATION),  perform a Comparative Market Analysis, evaluate price per square foot and add or subtract value based on condition. The next step is to consider current market conditions, the seller's sense of urgency, or lack thereof, and current inventory.  
 
 I've always found the most valuable asset in pricing a property is familiarity with the proof--recent … (6 comments)

Peninsula Center Neighborhood Real Estate Report Sept. 08 Rancho Palos Verdes - 10/24/08 05:55 PM
The Peninsula Center is located in the center of the Palos Verdes Peninsula, hence the name also gives the location of the area.  Shopping, dining and entertainment are just minutes from your front door if you're fortunate enough to call this neighborhood home.
Here are the September 08 real estate stats:
Active Listings:  4 homes are currently for sale priced from $934,900 to $1,450,000.
Pending Sales:  3 homes are currently in escrow priced from $999,999 to $1,295,000.
September Sales:  No Single family residences closed escrow.

Grab a bite to eat, a workout or sit back and enjoy a movie at nearby … (2 comments)

The Psychological Benefit of Blogging: Improved Mental Health & More - 10/22/08 07:17 PM
One of my older clients has a standing weekly appointment with her therapist.  She has been going for years, and she does it because it helps her make it through the day. 
She said it keeps her from:
1.  Picking a fight with her husband over some mundane topic.  Therefore, she enjoys more peace in her life and her marriage is happier.
2. Feeling alone and afraid when issues (for her, poor health) seem overwhelming.  The therapist assures her many others are going through the same thing, surviving and even thriving.
She said she goes because it gives her:
1. … (16 comments)

Why I Chose Palos Verdes 20 Years Ago - 10/22/08 05:37 PM
It was late December 1988.  My family and I lived in a gorgeous 1920s home in the Old Northeast section of St. Petersburg, Florida.  My four children were happily ensconced in a top rated private school. I was one of the founding member of the Ballet Society, and life was humming along in the happy lane.  Naturally, it was time to move.
I was a reluctant house hunter. I thought Los Angeles was a fun place to visit, not to live.  As the jet approached the Los Angeles area the night I arrived, I was struck by how immense the area … (9 comments)

Crest Neighborhood Real Estate Report for September 2008 Rancho Palos Verdes - 10/22/08 04:40 PM
There are only a handful of homes for sale  in the Crest neighborhood of Rancho Palos Verdes.  Located at the top of the Palos Verdes Peninsula with easy access off and on the hill and just minutes from shopping, dining and entertainment this area is a popular choice with new Palos Verdes residents.
Here's an update on Single Family Home activity for September 08:
Active Listings:  10 properties are listed for sale priced from $850,000 (short sale) to $1,475,000.
Pending Sales:  3 properties are in escrow priced from $799,000 t0 $1,329,000.
September Sales:  2 properties closed escrow for $990,000 and $1,465,000.
If … (0 comments)

My Vote is in the Mail - 10/21/08 09:52 AM
I've had the ballot for a couple of weeks.  I planned to vote immediately after the final presidential debate, but my decision was still clouded, so I left the ballot untouched on my desk and waited for my choice to become clear.
I vote for the person, not the party. I think character and integrity are more important than platforms and promises.  I vote not only for the economy of Norma, but for what I believe and hope is best for the world, our country and my grandchildren.  I think it's selfish not to take the long view of the legacy our lifetime imprints on … (23 comments)

Los Verdes Neighborhood Real Estate Update for September 2008 Rancho Palos Verdes - 10/20/08 05:38 PM
The real estate inventory is down in this delightful seaside Rancho Palos Verdes neighborhood of Los Verdes.  Perhaps it is all those stunning ocean views, or maybe it is the outstanding and high scoring elementary school in the neighborhood.  Vista Grande Elementary is usually near the top in districtwide educational test scores.  I'm not surprised as my daughter is one of the 4th grade teachers, and three of my very brilliant grands attend Vista Grande!
Here's what happened in Los Verdes in September 08:
Active Listings: 10 homes are currently for sale priced from $899,000 to $1,659,000.
Pending Listings: 1 property … (1 comments)

Shhhh, Don't Tell My Clients the Real Estate Market is SLOW, Because They Don't Know - 10/18/08 10:37 PM
Right after I push the post button on this blog, I'm going to take a long bath and recover from another slow day in real estate. It was so slow I showed seven houses to qualified buyers who believe now is the time to purchase a home in Palos Verdes. 
It was so slow I had time to meet and discuss listing a fabulous view house with clients.  We've done four transactions over the years and they believe the time is right to do another one. 
It was so slow I had time to correspond with a client and orchestrate a show list for next week. It … (34 comments)

The Things People Say --And What They Really Mean - 10/15/08 06:15 PM
I love quotes.  The past couple of weeks my clients have offered up some real gems:
1.  "The world is falling apart."  What he really means is I don't know what to do with this property.  Should we lease it? Take it off the market, or just dump it?   My advice:  Don't panic.  Just breathe and wait until you have evaluated your options.  Once the decision is made, don't waste time second guessing yourself.

2.  "This economy sucks."   What he really means is money is tight and I can no longer buy the property I want.  I need better credit and … (14 comments)

La Cresta Neighborhood Real Estate Update September 08, Rancho Palos Verdes - 10/14/08 06:31 PM
The La Cresta neighborhood in Rancho Palos Verdes, CA is located at the top of "The Hill" and is gifted with some stunning views of the Pacific Ocean.
 
September 2008 real estate statistics for La Cresta, Rancho Palos Verdes:
Active Listings:  15 homes are currently listed for sale priced from $1,395,000 to $3,200,000.
Pending Sales:  2 homes are currently in escrow priced at $1,495,000 and $2,400,000.
Sold Sept. 08:  2 homes closed escrow priced at $1,850,000 and $2,025,000.
Psst, here's a hot tip:  One of the homes currently for sale is bank owned and the price was recently reduced.  Call … (2 comments)

Country Club Neighborhood Real Estate Update for September 08, Rancho Palos Verdes - 10/14/08 06:09 PM
The Country Club neighborhood in Rancho Palos Verdes encircles the Los Verdes Golf Course, so if that's your game this might be the neighborhood for you.
Country Club real estate activity for September 2008:
Active Listings:  13 properties are currently for sale priced from $1,199,000 to $3,475,000.
Pending Sales:  There are no properties currently in escrow.
September Sales:  3 properties closed escrow priced from $1,650,000 to $1,725,000.
 
To see any of the homes currently available in the Country Club neighborhood in Rancho Palos Verdes, simply give me a call and I'll make the arrangements. 
Norma Toering & Team RE/MAX Palos … (4 comments)

Palos Verdes Drive West Real Estate Statistics for September 2008 Rancho Palos Verdes - 10/13/08 06:24 PM
The west side of the Palos Verdes Peninsula offers wonderful views of the Pacific Ocean and a variety of homes to enjoy the view from!
Here's what happened in the Palos Verdes Drive West neighborhood during September 08:
Active Listings:  16 Homes are currently for sale priced from $1,149,000 to $6,780,000.
Pending Sales:  2 homes are in escrow listed at $1,149,000 and $2,288,000.
September Sales:  3 properties closed escrow priced from $1,340,000 to $2,800,000.
 
If you would like to buy a seaside cottage or a seaside mansion Palos Verdes Dr. West might be the perfect place to start your search.  For more detailed … (4 comments)

First a Dead Zone, Then a Crowd - 10/13/08 01:05 AM
The first hour of my open house was eerily quiet.  A few cars slowed to a crawl as they passed the open house sign, then moved on.  A neighbor or two biked past, but continued onward with their Sunday afternoon ride.
I walked out and checked to make sure the open house sign was upright.  Yes, standing tall, but no takers on the invitation.  I made some calls, returned a few and even worked on a file.  I jotted down my business priorities for the upcoming week.  I was about to call it a day and close up early, when in … (84 comments)

Must Main Street Crumble Because Wall Street Took a Tumble? - 10/09/08 07:27 PM
 
 I think not. The true strength of America is in her citizens, not her institutions.  Most people are responsible, ethical and do not have golden parachutes or slush funds to pillage.  They have a job, a family and a home they want to keep.  New jobs, new babies, an empty nest and other life changes will continue to move the Main Street real estate market.
 
I plan to finish 2008 strong by doing the following:
 
 Explore the depth of my SOI.  This week a friend I met in an aerobics class in 1991 called.  She's moving back to … (16 comments)

What I Learned in Real Estate Today - 10/08/08 08:10 PM
There are some great buys on residential income properties in this market.  In fact, there are often multiple offers, yes I said multiple offers, for the best ones.  I have come in second on the last two residential income offers I wrote.  Consequently, my buyers and I are still shopping.
Today I saw another property of interest on the MLS, I previewed it, sent the information to a client and did some research on REAP in Los Angeles.  Rent control applies to this property and all LA City residential income buildings built before 1978.  However, the listing stated, "In REAP."  I had to look that one up!  … (10 comments)

Rancho Palos Verdes - Palos Verdes Dr. South Market Update for September 08 - 10/08/08 05:42 PM
Palos Verdes Drive South offers some incredible views, and the Palos Verdes Dr. South neighborhood of Rancho Palos Verdes offers a variety of homes with breathtaking views.
Here's the September 08 real estate market report for Palos Verdes Dr. South:
Active Listings:  16 homes are currently on the market priced from $999,900 to $6,900,000.
Pending Sales: 2 homes are currently in escrow priced at $1,639,000 and $1,650,000.
September Sales:  2 properties closed escrow priced at $850,000 and $977,000.
Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800
South Bay Los Angeles cities I sell real estate, property, houses … (0 comments)

Rancho Palos Verdes Mira Catalina Neighborhood September 08 Real Estate Update - 10/08/08 05:26 PM
The Rancho Palos Verdes Neighborhood of Mira Catalina was relatively quiet during September from a real estate viewpoint.
 
Active Listings:  13 homes are currently for sale priced from $995,000 to $3,399,000.
Pending Sales:  1 property is currently in escrow listed for $1,295,000.
September 08 Sales:The MLS shows no homes were sold during September.
 
There are some fabulous view homes on the market in the Mira Catalina area.  Check out this view from a home currently listed in the area.
 
If you would like to know what your Mira Catalina home is worth in today's market I will provide … (2 comments)

Rancho Palos Verdes, Palos Verdes Dr. East September 08 Real Estate Update - 10/08/08 12:28 PM
September was a brutal month for most markets, but the Palos Verdes Drive East neighborhood of Rancho Palos Verdes was buzzing with real estate activity.
Palos Verdes Dr. East September 2008 Real Estate Update:
Active Listings:  29 homes are currently for sale ranging in price from $859,000 to $3,400,000.
Pending Sales:  8 properties are currently in escrow priced from $825,000 to $2,200,000.
Closed Sales:  3 properties closed escrow priced from $690,000 to $1,250,000.
 
The Palos Verdes Dr. East area is home to Miraleste Intermediate School, the Miraleste Library, Miraleste Plaza and some incredible Los Angeles Harbor view homes.  Check out this view photo … (0 comments)

Chelsea "Had Some Work Done" - 10/07/08 06:05 PM
She's a Baby Boomer and although the years have been kind to her, I signed her up for a little nip/tuck!  Her credentials include a coastal location, a coveted address and a sought after school system.  Her floor plan is not archaic and her accouterments still ooze class and quality.
 
She's just a bit frazzled and looking a tad tired after four months of showings, opens and yes, even an offer or two.  She' still on the market but needed a lift.
 
 
The patio is large, but not very inviting.
 
 
 
So we added this!
    
 
(2 comments)

Rolling Hills Real Estate Sales & Listings September 2008 - 10/07/08 05:33 PM
September was an active month for Rolling Hills, California equestrian properties. 
Here's the real estate market update for September 08 for Rolling Hills:
 
Active Listings:  19 properties are currently listed for sale priced from $1,629,000 to $18,900,000.
Pending Sales:  3 properties are currently in escrow priced from $1,800,000 to $4,200,000.
September 08 Sales:  2 properties closed escrow at $1,950,000 and $2,670,000.
 
Rolling Hills, California is a gated community with some of the finest equestrian estates in Southern California.  For more information, a tour of available homes or a value analysis of your Rolling Hills home, contact Norma Toering & Team.
(2 comments)

Palos Verdes Dr. North Neighborhood Real Estate Update September 2008, Rolling Hills Estates - 10/07/08 04:47 PM
Properties were snapped up along thePalos Verdes Dr. North corridor during the month of September.  Here's a breakdown of what's happening in this equestrian neighborhood:

Active Listings: 23 properties are currently listed for sale priced from $1,123,000 to $2,890,000.
Pending Sales:  7 properties are currently in escrow priced from $995,000 to $2,890,000.
September 08 Sales:  2 properties closed escrow priced at $1,030,000 and $1,225,000. 
 
 
 
If you're in the market for an equestrian property this is definitely an area to watch.  Contact me if you would like more information on horse property in the Palos Verdes Dr. North area of … (0 comments)

Valmonte September 2008 Real Estate Update Palos Verdes Estates 90274 - 10/06/08 06:08 PM
It was another roller coaster day on Wall Street, but the real estate market in the Valmonte neighborhood of Palos Verdes Estates appears a bit more stable!
Here's an update on real estate happenings in Valmonte for the month of September  2008:

Active Listings:  13 Single Family Homes are currently for sale priced from $925,000 to $3,490,000.
Pending Sales:  4 homes are in escrow priced from $1,030,000 to $1,275,000.
September Sales:  3 properties closed escrow priced from $1,612,000 to $2,250,000.
 
If you enjoy tree-lined streets and close proximity to the beach Valmonte may be the neighborhood for you. 
To … (2 comments)

A Fall Facelift for Your Tired Listings - 10/04/08 08:20 PM
Let's face it, sometimes a fabulous house will linger on the market for months.  What's an agent to do?
 
One of my listings is a great house on a sought after street in a lovely coastal neighborhood.  My thoughts are beginning to echo my seller's question:  Why hasn't it sold?
 
Let's eliminate some of the obvious suggestions.  It is so clean it sparkles.  The windows were all washed by my favorite window washing service and I was honestly afraid someone might try to walk through the glass of an unopened door!
 
The owner spent big bucks on landscaping … (11 comments)

Monte Malaga September 2008 Real Estate Statisitics Palos Verdes Estates - 10/04/08 06:26 PM
I previewed several lovely homes in Monte Malaga this week.  There was something for everyone--a stately mansion in need of a facelift or at least a strategic nip/tuck, a new mansion with a queen's necklace view of the coastline and Pacific Ocean, and several beauties of smaller stature, but with their own charm and personality.
 
Monte Malaga real estate activity for September 2008:
Active Listings:  26 homes are currently for sale priced from $1,288,000 to $12,990,000.
Pending Sales: 2 properties are currently in escrow priced from $1,999,000 to $2,699,900.
September 08 Sales:  1 property closed escrow at $1,300,000.
If you … (6 comments)

Malaga Cove September 2008 Real Estate Activity Palos Verdes Estates 90274 - 10/04/08 06:09 PM
September was an interesting month for the financial markets and the world's economy.  Let's take a look at how things are moving a little closer to home.
 
Malaga Cove, a neighborhood in Palos Verdes Estates, is filled with view homes that hug the hillsides above the Pacific Ocean.

Malaga Cove Real Estate Statistics for September 2008:
Active Listings:  15 Single Family Homes are currently for sale priced from $1,649,000 to $5,790,000.
Pending Sales:  3 properties are currently in escrow priced from $2,250,000 to $2,799,000.
September Sales:  2 homes closed escrow priced at $1,775,000 and $2,500,000.
Norma Toering & Team … (2 comments)

King (or Queen) of The Hill ---the one in Palos Verdes, CA 90274 - 10/03/08 07:02 PM
It's Friday afternoon and I'm playing with the numbers! 
 
I've always enjoyed tracking home sales on the Palos Verdes Peninsula.  It is a great way to spot trends, determine value and basically keep my finger on the pulse of property sales on this gorgeous peninsula.
 
The Dow is down, the economy is moving at a snail's pace, but property is still changing hands in Palos Verdes. Granted, it is not moving at the crazy 2004-05 rate, but didn't we all know those nosebleed annual increases could not be sustained? 
 
Welcome back to reality, and yes you will give … (2 comments)

A New Dance Step Added to the Real Estate Hustle - 10/02/08 06:29 PM
There's a new tilt to the real estate dance floor, some of our favorite old partners are gone--they are not doing loans anymore.  We've been dumped by the zero down guys, and now our clients need a whole lot more dating capital to get tapped on the shoulder for a chance to tango with the "new" mortgage man.
Are we up to their new expectations?  Can we add a new step to the already complicated dance of matching homes with buyers and closing the deal?  Of course we can; we're rugged real estate agents and we face rejection on a regular basis.  We're ready … (10 comments)

This is Dedicated to the One(s) I Love - 10/02/08 12:17 PM

I'm talking about clients here.  And yes, some are just so easy to love, and others, well, they take a little more work.  But like every therapist worth their salt fee reminds us, any relationship worth having requires work.  Sometimes we count on them, other times we're there for them.  Just like the song says:
http://www.youtube.com/watch?v=iZo-ScF4Tl4
This song goes out with a big thank you to:
Past Clients:  You have generated the bulk of my business in 2008.  Some of you purchased another property, others referred friends or family.  Thank you.
Open Houses:  One of my current listings came indirectly from an open … (6 comments)

Lunada Bay Real Estate Update September 2008 Palos Verdes Estates - 10/01/08 07:57 PM
There are some wonderful homes on the market in Lunada Bay, including my listing at 2321 Chelsea Road!    
 
 
 
 
 
 
 
 
 
 
 
 
 
Here's what happened with Lunada Bay real estate during the month of September:
Active Listings:  32 single family homes are currently on the market priced from $969,000 to $7,900,000.
Pending:  1 property is in escrow priced at $2,599,900.
September Sales:  2 homes closed escrow at $1,075,000 and $1,200,000.
 
There are a couple of oceanfront fixers for sale and a plethora of other interesting properties on the market.  If … (6 comments)

 
Norma Toering  Palos Verdes Homes in Los Angeles Area, Broker-Associate (REMAX Estate Properties Broker Associate Lic# 01147470) Ambassador_large

Norma Toering Palos Verdes Homes in Los Angeles Area

Broker-Associate

Rancho Palos Verdes, CA

More about me…

REMAX Estate Properties Broker Associate Lic# 01147470

Address: 8 Miraleste Plaza, Rancho Palos Verdes, CA, 90275

Office Phone: (310) 493-8333

Cell Phone: (310) 493-8333

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Broker Associate with RE/MAX Estate Properties. Tune in for Best Buys in Palos Verdes; Market Updates; Buy & Sell Signals; Advice to Buyers & Sellers and other real estate related topics of interest. Updates will be posted on all four cities on the Palos Verdes Peninsula, PV School District and other happenings on The Hill.

South Bay Los Angeles cities I sell real estate in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.




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