Lunada Bay (Palos Verdes Estates, CA)

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
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The single family home market for Palos Verdes Estates struggle during the 1st quarter of 2019. There are 66 homes listed for sale in the City of Palos Verdes Estates at the end of March , which is 38% higher than this time a year ago. The number of homes sold over the last 3 months, averaging on...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
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Summary: The number of homes listed for sale on the Palos Verdes Peninsula of 155 homes is 19% higher than last year and the number of homes sold during the last three months is 1% higher compared to the prior year, resulting in unsold inventory of 4 months supply. Prices per square foot are down...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
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On November 27, 2018 The Federal Housing Finance Agency (FHFA) announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019.    The loan limit effective 1/1/19 for a conforming loan is $484,350(previously $453,100). For certain high cost areas su...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
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Mortgage interest rates for buying a home on the Palos Verdes Peninsula rose significantly this week. The following are excerpts from the newsletter on interest rates published by HSH Associates :" It's certainly hard to ignore the noise surrounding the biggest spike in mortgage rates since Novem...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
 There are 48 homes listed for sale in the City of Palos Verdes Estates at the end of March , which is 7% lower than this time a year ago. The number of homes sold over the last 3 months, averaging 14 sales per month, is 20% lower compared to the same period last year . This equates to a bit over...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
Interest rates for buying a home on the Palos Verdes Peninsula moved up a bit this week . The following are excerpts from the newsletter on interest rates published by HSH Associates :"Bond markets exhibited a little bit of nervousness this week, and as is often the case, mortgage rates are firmi...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
 There are 56 homes listed for sale in the City of Palos Verdes Estates at the end of September, which is 3% less than this time a year ago. The number of homes sold over the last 3 months, averaging 17 sales per month, is 18% higher compared to the same period last year . This equates to a bit o...
Palos Verdes Estates, CA Real Estate Professionals