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Palos Verdes Peninsula, CA Real Estate News

By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
 Did you know that Remax Palos Verdes sells or participated in the most sales on the Palos Verdes Peninsula?  Remax Palos Verdes has the best and most accurate real estate market charts,graphs and trends for the Palos Verdes Peninsula. Satistics show that Remax Palos Verdes has sold or participated in the sale ( Buyer)  in 1 out of every 2 properties in Palos Verdes Area for the 2006 and 2007 real estate years and years prior.  So you knowq their market statistics are accurate.Remax has an excellent source for analyzing the Palos Verdes Market.  We are now able to supply real estate market charts,graphs and trends for every city and area on the Palos Verdes Peninsula.  We can now tailor market prices per selling price per feet, asking price per square feet etc. We can give you selling c...
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
Unfortunately,  The public needs to be made aware of the dangers of rebate realtors in Palos Verdes.The rebate realtor offers a commission rebate to the client offering to save as much as $15,000.00 This is how rebate realtors work and why you can lose $30,000.00 or more by working with them. I had a call from one buyer who claimed theat his rebate realtor was the up and coming new thing..IF SO Look out Home buyers-Buyers  Bu Beware I just love being able to educate the real estate public in Palos Verdes via the swift moving internet. In the old days of my real estate career I would have to do an article and send it via snail mail to a few hundred home owners. I hope this will help save money for future homeowners on the Palos Verdes Peninsula. Pitfall #1- Rebate realtors cause their cl...
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
If you are new to town and looking for the best baseball camp in the south bay for your little leaguers through college age and live inPalos Verdes,Torrance,Rancho Palos Verdes,HermosaBeach,Redondo Beach....  Check out the  South Bay Sports Academy at Wilson Park in Torrance.  I ran into it by accident because my son loves the batting cages there.  Murphy Su'a fomerly of the Dodgers and later the Milwaukee Brewers now runs the South Bay Sports Academy in WIlson Park.  Murphy is the head baseball coach at Cal State Dominguez.  The South Bay is so blessed to be the home of so many professional athletes.It is not too late to join his South Bay summer baseball camp July 16-19 at Cal State Dominguez.  Several Professional coaches and players will be helping out.  Murphy also has regular staf...
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
The best kept secret for Ocean View Properties in Palos Verdes that are still under 1.5 Million is on the border of Palos Verdes Estates. These homes have location ,location, location. This year I have sold several properties with fantastic palos verdes peninsula ocean views of Catalina Island, Sunsets and the Malibu Santa Monica Mountains.  This little pocket in Rancho Palos Verdes is the best value on the hill.  You can get Ocean and Coastline Lights from most of these homes.  Plus Border on the Presitgeous Palos Verdes Estates. These homes are quiet cul-de-sacs and in the desirable Point Vicente Elemenaty School.  Which by the way boasts of the Best Ocean Views for an Elementary school on the Palos Verdes Peninsula.If you do not mind remodeling a fixer upper you can still find a home...
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By Vidya Naik
(Re/Max Palos Verdes Realty)
               Rancho Palos Verdes Estates:You can visit Parade of executive homes on Sunday 7/15/07 between 12-5 PM and enter to win a drawing for a day of being pampered at Harbor Health Spa.
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
 Great schools.com is a fantastic link for parents that would like to search their school district rating and compare it to the location that they are moving too.  The easiest way to find the best schools in your neighborhood.You can compare your individual school be it elementary,middle or high school  You can also search by zip codes and by cities.  You will find test scores and test results by School District, City and each individual school.The average for the State of California is 500 on the State Testing Scores.  The Test Scores run up to 1000, with Palos Verdes Schools being rated in the high 900"s.  The Palos Verdes Schools are number one in the State of California.  What that means to families relocating to California is basically this-  If you are purchasing a home in a schoo...
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
It just burns me up when I see Palos Verdes,Rolling Hills Estates and Rancho Palos Verdes homeowners fall into the hands of a discount brokers. A home I watched came on in Rolling Hills Estates last month and of course it is still sitting.  The house was listed with a discount broker with a discount commission to the seling agent in our current buyer's market. The poor sellers don't know that the agents are not motivated to want to sell it, when they can go around the corner and get the same Rolling Hills Estates home for a higher commission to the selling agent. Especially in this market of Rolling HIlls Estates, the prices are dropping 10% since last year so every day that Seller sits on the market he is losing $8,333.33 a month.  If he sits for 3 mos. as has this poor seller he has l...
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By Jack McSweeney, CDPE, SRES, e-PRO, PVS
(RE/MAX Estate Properties)
The Palos Verdes Peninsula Active listing Inventory is low. In the last six month the single family home inventory went from 289 active listings last September, all the way down to 130 now. Needless to say we are again seeing some multiple offer situations on the best listings. A total of 72 homes have sold on the Palos Verdes Peninsula since the first of the year. Average days on the market was 63. Prices ranged from $810,000 (2 br, 2 bath, 1291 sq.ft home built in 1950) to $6.9 million (7 br, 6.5 bath, 10,000 sq ft home built in 2006) , with the average sale price at $1.61 million.
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By Eddy Martinez
(Nationwide Funding Group)
As you can see a Property Managers duties are very detailed. THey are: -To create the rental schedule-Merchadise the space-Advertise vacancies through selected media-Develop a tenant/resident relations policy-Qualify and investigate a prospective clients credit-Prepare and execute leases-Collect the rent-Review and pay bills-Obtain and pay insurance premiums and taxes-Create and supervise maintenenace schedules and repairs-Maintain proper records and make regular reports to the owner-Comply with fair Housing laws If a property manager has employees under him the his duties are to:-Hire and keep personnel to staff the building(s)-Instruct and supervise employees- Develop employee policies, including an injury prevention plan-Set up payroll system for all employees -Comply with applicable...
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