Palos Verdes 2017 Market Data Report 3rd Quarter YTD

Palos Verdes 2017 Market Data Report 3rd Quarter YTD

Marketing 3rd QtrPalos Verdes 2017 Market Data Report shows an increase in sales in all neighborhoods from 2016.

Currently, Mira Catalina has posted the largest gain in average sales price for Palos Verdes homes at 64%, followed by Monte Malaga at 37.5% and Lunada Bay at 15%. Lunada Bay posted the largest number of Palos Verdes homes sold to date in 2017 at 80, compared to 57 homes in 2016.

For more information on the Palos Verdes & Harbor Market Intelligence Report click here.

Palos Verdes’ Terranea Resort

Palos Verdes’ Terranea Resort

terranea

Palos Verdes residents were excited when after years since the closure of the Marineland of the Pacific in 1987, this large piece of property was purchase by Lowe Enterprises in 1998 and the ten year development of this 102 acre resort begin.

On three sides you are surrounded by the waves of the Pacific and across the channel is Catalina Island.  This coastal setting embraces the Mediterranean heritage and carries it into it’s architecture. From it’s outside gardens to private terraces that invite you to stop and stay awhile, this family resort takes you away from the hustle and bustle of Los Angeles.

One of the principals in the creation of Terranea was to keep the cultural, historical and social fabric of the Peninsula. The Palos Verdes resort pays homage to the rich heritage of the site by naming some of it’s amenities such as The Catalina Room, Marineland Ballroom, and the Vanderlip suite.  Nelson’s restaurant was named after Mike Nelson the character played by Lloyd Bridges in the television series Sea Hunt, which was filmed at Marineland in the late 1950′s and 1960′s.

Terranea is part of the Destination Hotels collection. The luxury resort offers 326 rooms, 34 suites, 20 bungalows,  50 casitas and 32 villlas. The property consists of a nine hole, par three golf course, oceanfront spa, four ocean view pools and a collection of eight restaurants, bars, cafes and lounges. There is also 135,000 square feet of flexible indoor and outdoor meeting and event space, 50,000 square foot spa and fitness center, oceanfront yoga and Pilates studio, Tide Pool Kid’s Club, and Adventure camp, boutique retail shops and 24 hour concierge service.

For more information on Terranea Resort go to terranea.com or call (310) 494-7891.

Terranea Resort is located at 100 Terranea Way, Rancho Palos Verdes, Ca.  90275.

Photo courtesy of Terranea Resort.

 

 

Palos Verdes Peninsula – Rolling Hills

Palos Verdes Peninsula – Rolling Hills

Rolling Hills horse image

The City of Rolling Hills is a private, gated community located atop the hills of the Palos Verdes Peninsula. It was incorporated in 1957, and still to this day Rolling Hills maintains a ranch style/equestrian environment with respect for native wildlife and natural surroundings.

Rolling Hills is called the smallest city on the Peninsula. The city is only 3 square miles, and 1,920 acres. The lot size average in the city is 2.7 acres. The population taken back in 2014, showed 1,906 residents.

The Homeowners Association zoning code strictly limits grading and disturbance of natural landscape in this area. You are only allowed to build on 35% of lot coverage with any surface whether structural, patio or paved areas.

Currently, there are 25 homes for sale in this area starting at $1,950,000 to $48,000,000 (highest priced single family home on the Peninsula). The smallest lot for sale in this area is a 32,550 square foot lot.

Photo courtesy of the City of Rolling Hills.

 

 

Palos Verdes Estates – Oldest City on the Palos Verdes Peninsula

Palos Verdes Estates – Oldest City on the Palos Verdes Peninsula

History Rosita

The City of Palos Verdes Estates, is the oldest of the four cities of the Palos Verdes Peninsula and was incorporated December 20, 1939.

In 1913, New York financier Frank A. Vanderlip Sr, purchased the land from the Bixby family.  His idea was to build a planned residential community, and he called out the famous Olmsted Brothers, sons of Frederick Law Olmsted Sr., who designed Central Park in New York City, to help lay out this new community. After designing roadways, hillsides and placement of trees, they decided that 28% of the land area should be restricted to building.

Vanderlip’s plans were changed after World War 1, since monies were harder to come by. The division of land started, and the first home construction of Spanish design started in the early 1920′s. In 1923 deed restrictions were imposed and the outlined provision for development was started and governed by the Palos Verdes Homes Association, which in turn were liable for taxes on the parkland.  Soon after the economic crash in 1929, the Palos Verdes Home Association owed taxes to Los Angeles county and concern that the parkland might have to be sold to pay back tax dollars owed, the city voted in 1929 for incorporation. The new city parklands, were deeded by the Homes Association in 1940.

Still to this day, Palos Verdes Estates city government has been trying to keep the vision of the original founders in preserving and protecting the natural assets of Palos Verdes Estates uniqueness.

Photo of Palos Verdes coastline, courtesy of the City of Palos Verdes Estates.

What Cities Makes Up the Palos Verdes Peninsula

What Cities Makes Up the Palos Verdes Peninsula

So did you know that the Palos Verdes Peninsula is actually made up of 4 different cities. They are Palos Verdes Estates, Rancho Verdes Estates, Rolling Hills and Rolling Hills Estates.  There are also 2 Los Angeles County areas on the Peninsula know as Westfield and Academy Hills.

The first city on the Palos Verdes Peninsula to incorporate was Palos Verdes Estates. This city incorporated in 1939 and soon after the areas of Monte Malaga, Malaga Cove, Valmonte and Lunada Bay all added their unique charm to this area.

Rancho Palos Verdes was the last city on the Peninsula to incorporate in 1973, and is the largest city on the Peninsula.

Rolling Hills estates is the third largest city on the Palos Verdes Peninsula.  It has a very rural atmosphere and contains some of the largest lots with many areas zoned as equestrian.  It also has 6 city parks located within its area.

Rolling Hills is a privately gated equestrian community located on the scenic hills of the Peninsula.  It incorporated in 1957 and is the smallest city with most of its lots being over one acre.

To read my last article on AboutPV click here.

Photo courtesy of Ernie Howlett Park located in Rolling Hills Estates.

 

COME SEE MY NEW LISTING IN RANCHO PALOS VERDES!

COME SEE MY NEW LISTING IN RANCHO PALOS VERDES!

This is my new real estate listing in Rancho Palos Verdes which is being offered at $1,200,000. 27004 Grayslake Road, Rancho Palos Verdes just went on the Multiple Listing Service yesterday, and is a 3 bedroom, 2 bath, 1,442 square foot home in the desirable Silver Spur neighborhood.

                         

This nicely remodeled one level home offers you both ocean and city light views from multiple rooms and patios. The quality finishes throughout the home include marble countertops, floors, fireplace and even a matching marble living room table.  Elegant crown mouldings, recessed lighting, dual pane windows and French doors help show the quality of this beautiful home.  Relax and enjoy the covered front and back porches with gardens which offer mulberries, pomegranates, persimmons, blood oranges, peaches plums and more. This home is located near the border of Palos Verdes Estates and Rancho Palos Verdes on a corner cul-de-sac lot, convenient to shopping, golf, restaurants and award winning Palos Verdes schools.

To read more about my new listing please go to www.27004Grayslake.com.

Please stop by my Broker’s Open House on Tuesday, January 31, 2017 from 11:00 a.m. to 1:30 p.m.

 

Why choose me for all of your REAL ESTATE needs!!!

15 Reasons I’m the Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Manhattan Beach, and Hermosa Beach Real Estate Agent for You!

 
  • I have a total commitment to providing excellent service throughout the real estate transaction.
  • I have exceptional knowledge of the local Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Hermosa Beach and surrounding Los Angeles County, CA areas real estate market.
  • As a real estate professional, I will be committed to negotiating on your behalf to help meet your specific goals and objectives.
  • I will engage in a comprehensive networking strategy to assist in the purchase or sale of your home.
  • I will go the extra mile for you to make sure your next real estate transaction is a smooth one.
  • I take pride in providing personalized service which means that I will be highly involved in the actual purchase or sale or your home.
  • I will utilize technology to better meet your specific real estate needs, whether you are buying or selling.
  • I will take on the difficult tasks to make moving an easy process.
  • I will assist you in finding the related services that are necessary to buy or sell a home or other property.
  • I will keep you apprised of current local real estate market conditions that can impact the purchase or sale of your home.
  • I engage in a corporate level of marketing to make sure that your home gets as much exposure as possible if you are a seller and that you find the perfect home if you are a buyer.
  • I work as a full time real estate professional which means you will have the pinnacle of support throughout your real estate transaction.
  • I will utilize my experience both in and out of real estate to let you attend to your family while I do the work making sure your real estate transaction is processed in the most trouble free manner possible.
  • I will respect your time and work with you so your busy schedule is not interrupted.
  • I will uphold the highest moral and ethical standards throughout any real estate transaction I am involved in.
 

The Hermosa Beach real estate and homes for sale request form covering the areas of Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Hermosa Beach and all other Los Angeles, CA areas.

 

Do you need professional real estate representation in order to find a home in Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Hermosa Beach or in another CA area? Are you thinking about selling your home in Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Manhattan Beach, or Hermosa Beach? If so, I can help meet all of your real estate needs. Whether you have residential real estate needs, commercial real estate needs, leasing needs, or income property needs, please fill out the following brief real estate quick request form describing how I can be of service. This form will help me provide you with outstanding real estate service. Thanks again.

If you do end up choosing me for any or all of your real etate needs feel free to contact me at (310)686-4688 or email me Tuba@remaxpv.com. Also dont forget visit my business and facbook page which are both linked above in my main menu!!! 

5 Errors Home Shoppers Should Avoid!!!

Real estate professionals say they keep seeing buyers make the same mistakes over and over again in a home purchase. Among some of the common errors they see:

  • Unrealistic time tables: With a regular sale, “assuming you’re preapproved and it’s straightforward, you can probably do it in 30 days, but 45 is more common,” says Ron Phipps, immediate past president of the National Association of REALTORS®. But he advises home buyers to prepare for 45 to 60 days. And if it’s a foreclosure property, they may encounter lien and title issues that could cause delays stretching that to 60 to 75 days, even up to 90 days. And for short sales, that timeframe will greatly depend on whether the lenders have already agreed to it and a preset price, but it could take anywhere from 45 days to even up to nine months, Phipps says.

 

  • Ignorance with financing: Home buyers should learn more about the mortgage process, learn the terminology, and know what questions to ask in shopping around for the best mortgage rate. For example, Carolyn Warren, author of “Homebuyers Beware,” cautions buyers to never tell a lender, “This is my first time, and I don’t know how it all works — and I need you to guide me through the process,” she says. “It’s like putting a sign on your forehead that says, ‘Charge me more.’”

 

  •  “Trash talking” when negotiating: If the home is painted pink and the buyer insists it needs to be repainted, he could risk jeopardizing negotiations. Instead, Phipps suggests that when making an offer, buyers should stress what they like about the home. “Don’t make it adversarial,” he says. A price reduction should be talked about in terms of what the home is worth to that buyer, he says.

 

  • Getting in over their heads: Buyers may be tempted to stretch their budget in order to get the house of their dreams. Phipps suggests buyers don’t stretch themselves so thin that they miss out on having a reserve fund in case they need to make any unexpected repairs once they move in. “In most homeownership situations, there are going to be some unforeseen circumstances,” Phipps says. “So you want to make sure you have some funds behind you.”

 

  • No Reserve Fund:  After finally finding that “dream home,” what buyer isn’t tempted to stretch as far as possible — and drain all available savings — just to make the numbers work? It’s one of the big homebuyer mistakes, Phipps says.Often, buyers fall in love with a property, and they try to rationalize the decision, he says. “You need to be disciplined about it.”Too often, buyers set a price range and then fall in love with something that costs more. So they figure they’ll borrow the difference, Phipps says.But you need a reserve fund — something you hold back to address unexpected problems, like the refrigerator that quits in mid-July, or the “like-new” water heater that dies the day after you move in. Or the realization — after seeing the neighbors sunbathing once too often — that you need a privacy fence, pronto.”In most homeownership situations, there are going to be some unforeseen circumstances,” Phipps says. “So you want to make sure you have some funds behind you.”

Article from http://realestate.glozal.com/profiles/blogs/5-errors-home-shoppers-should-avoid

If you do end up choosing me for any or all of your real etate needs feel free to contact me at (310)686-4688 or email me Tuba@remaxpv.com. Also dont forget visit my business and facbook page which are both linked above in my main menu!!! 

Movers Hold Home Owners’ Items Hostage?

It has been said that, next to divorce and the death of a family member, moving is among the most stressful experiences many people will have in their lifetime. Dealing with a bad moving company makes matters worse.

Federal lawmakers are cracking down on moving companies who try to hold home owners’ belongings hostage during a move — a scam that’s more common than many realize. Home owners will soon have more protection against this increasingly reported rip-off in the moving industry.

It usually involves a moving company providing a home owner with a lowball quote for a move. The mover then packs up the home owner’s belongings onto a truck and refuses to unload it until a higher fee is paid. Some unscrupulous moving companies are notorious for underestimating the weight of items they’ve been hired to transport and even resorting to extreme measures to squeeze a few extra dollars out of their customers — including holding everything a customer owns and cherishes essentially for ransom.

“Aside from being extorted for money, they may even damage your goods,” said Ada Vassilovski, vice president of online marketing and product management for Imagitas in Waltham, Mass., which operates MyMove.com, a resource offering advice for stress-free moves. “If you hire a mover to transport your goods across state lines and they hold your personal property hostage, you can appeal to the Department of Transportation and it now has the power to enforce fines,” she told the Pittsburgh Post-Gazette.

President Barack Obama signed a law last month that will benefit people who think they have been scammed by a moving company. Beginning in October, movers who hold home owners’ items hostage can be fined by up to $10,000 a day, according to new rules imposed by the Federal Motor Carrier Safety Administration, an agency of the Department of Transportation. Starting in October 2014, new moving company owners will be mandated to pass tests on consumer protection and moving-cost estimates, The Pittsburgh Post-Gazette reports. 

“We are finally seeing recognition that movers holding people’s possessions hostage is a problem,” Vassilovski says. “I don’t think many people are aware of this being a problem, so it’s great this legislation is shining a light on it.”

The Better Business Bureau reports that among the 4,790 industries it monitors, moving companies are No. 10 on the list of those receiving the most consumer complaints. In 2011, the bureau received 1.2 million inquires and complaints against movers. The Federal Motor Carrier Safety Administration, on the other hand, received 2,851 complaints that year. The federal agency only counts interstate moves, whereas the BBB data includes both interstate and intrastate moves. Movers used to be regulated by the Interstate Commerce Commission, but in an effort to balance the federal budget, Congress eliminated that agency in 1995.

“This legislation will educate people that there is a problem,” Ms. Vassilovski said. “But if you are moving you need to do your homework to select a mover that is reputable and not chose one based on price alone.”

Article from http://realestate.glozal.com/profiles/blogs/movers-hold-home-owners-items-hostage?xg_source=msg_mes_network

Hello blog readers!!!

Hello fellow bloggers and blog readers,

I just want to take this time to tell you a little bit about my self, my name is Tuba and I am a Real Estate Consultant with RE/MAX Palos Verdes Realty. I have been an agent for over 25 years, I am also a member of the exclusive RE/MAX Hall of Fame, as well as the prestigious Platinum Club. I rank in the top 1% of agents in the business and my sales record will prove it. So if you are looking for a realtor you have found the right one. I am here to service all of your real estate needs so feel free to comment on this blog post if you are looking to buy or sell a home. :)

Enjoy this amazing pasta salad recipe and dont forget my service is almost as good as this salad!!!

1 12 tbsps white sugar
1 tsp salt (taste)
1 12 tsps black pepper (ground)
1 tsp onion powder
1 12 tsps dijon mustard
2 cloves chopped garlic
1 12 cups fresh basil (chopped)
12 cup fresh oregano (chopped)
14 cup fresh cilantro (chopped)
2 tsps hot pepper sauce (g tabasco)
13 cup red wine vinegar
12 cup olive oil
1 tsp lemon juice
4 ozs grated parmesan cheese
4 plum tomatoes (roma, chopped)
6 green onions (chopped)
4 ozs black olives (minced)
16 ozs bow tie pasta (farfalle)
12 cup pine nuts
1 cup shredded mozzarella cheese

Directions: 1. In a large bowl, whisk together the sugar, salt, pepper, onion powder, mustard, garlic, basil, oregano, cilantro, hot pepper sauce, red wine vinegar, olive oil, lemon juice, and Parmesan cheese. Add the tomatoes, green onions and olives to the bowl, and stir to coat. Refrigerate.

2. Bring a large pot of lightly salted water to a boil. Add the pasta, and cook for 7 minutes, or until tender. Drain, and rinse with cold water to cool. Add pasta to the bowl of dressing, and mix well. Top with mozzarella cheese and pine nuts. Refrigerate for at least 1 hour before serving.