During the month of September 2017, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists, nocturnal full moon walk and volunteer opportunities which are listed below. Special Events:  Palos Verdes Peninsula Land Conservancy will be presenting the Beauty of Nature Film Series Double Feature “Emptying the Skies”, and “The Sagebrush Sea,” on September 22, 2017, at 3:30 p.m at the Peninsula Center Library.  Of the two documentary films, the first is based on a New Yorker essay by novelist Jonathan Franzen exposing the rampant poaching of migratory song birds in southern Europe.  The second shows the amazing wildlife on a 500,000 square mile expanse of sagebrush.  The ticket... 08/29/2017

Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2017 increased to 42 single family homes sold in 2017 compared to 36 in 2016.  Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2017 increased to $745 from $685 in 2016, a 8.7% increase.  Average sales price for Lunada Bay/Margate homes sold in the first half of 2017 increased to $2,490,127 in 2017 compared to $1,900,153 in 2016.  The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $13,840,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,071,500. Currently, the Lunada Bay/Margate neighborhood has 16 Palos Verdes homes for sale.  There are 16 single family homes for sale ranging in price fro... 08/29/2017

Terranea Resort is considered one of the top tourist destinations in Southern California. As part of this great tourist destination, Nelson’s has been recognized as one of the top ten eco-friendly bars, and is the place to enjoy fresh California comfort cuisine, delicious microbrews and spectacular sunsets. Whether your looking for a view of the Point Vicente Lighthouse or Catalina Island, this Southern California find offers one of the most scenic locations in Palos Verdes to enjoy a meal or drink in a casual setting. Here you can watch the sunset by the patio fire pits, or relax inside and catch a sports event at the bar.During the summer months you can even enjoy live music all the way up to Labor Day from Friday till Sunday’s. As an addition to the summer music series at Nelson’s, t... 08/23/2017

My favorite Palos Verdes Homes on the August 8, 2017, Palos Verdes real estate Broker’s Tour (22 homes had open houses today) are described below.  We currently have 214 single family Palos Verdes homes for sale ranging in price from $925,000 in Rancho Palos Verdes (The low in Eastview is $837,000) to $40,000,000 in the City of Rolling Hills.  There are 27 Palos Verdes condos/townhomes for sale priced between $519,800 and $2,350,000.  My favorite Palos Verdes homes today are:       Wendy Sun’s (RE/MAX Estate Properties) 1409 Via Arco, Palos Verdes Estates 90274 (above left) is a 5 bedroom, 7 bath, 6,039 square foot home for $4,995,000.  This spectacular extensively remodeled Monte Malaga home features coastline/ocean views, luxurious private master suite, Chef’s dream kitchen, 2 family ... 08/22/2017

Palos Verdes homes owners are invited to support the annual Portuguese Bend National Horse Show held at Ernie Howlett Park, beginning on Friday, September 8, through Sunday, September 10, 2017.  This is the 60th year that this A-rated event offers three full days of a wide variety of special equestrian events.  Activities will be scheduled in both riding rings including the prestigious Pacific Coast Horse Association Horsemanship Medal Finals for riders 14 and under and the PCHA Victor Hugo Vidal Adult Horsemanship Class for riders 35 and over.  In addition, the $10,000 Hartwig Family Jr-A/O Jumper Classic and the $15,000 Seahorse Jumper Classic promise to challenge some of the West Coast’s finest Jumper riders over a difficult and exciting course.This show is the most popular three day... 08/22/2017

Palos Verdes residents can participate in the annual Coastal Cleanup Day which is a worldwide beach clean up program that has the largest number of volunteers on the planet.  Last year over 600,000 people participated throughout the world, and this year Heal The Bay is expecting 10,000 volunteers to participate here in California.  Coastal Cleanup Day has gained importance as debris has washed up on our coastline not only from tsunami residue, but also our own waste.  Our local annual Coastal Cleanup Day is scheduled for Saturday, September 16, 2017, from 9:00 a.m. to 12:00 noon at Abalone Cove Shoreline Park.  Los Angeles County alone has more than 60 sites participating in this clean up.  Los Serenos de Point Vicente, The City of Rancho Palos Verdes, and Palos Verdes Peninsula Land Co... 08/18/2017

My favorite Palos Verdes Homes on the August 1, 2017. Palos Verdes real estate Broker’s Tour (19 homes had open houses today) are described below.  We currently have 214 single family Palos Verdes homes for sale ranging in price from $959,000 in Rancho Palos Verdes (The low in Eastview is $849,000) to $40,000,000 in the City of Rolling Hills.  There are 30 Palos Verdes condos/townhomes for sale priced between $345,900 and $2,350,000.  My favorite Palos Verdes homes today are:        James Zappulla & Rocio Ortegon’s (Keller William Realty) 25 Tramonto, Rancho Palos Verdes 90275(above left) is a 4 bedroom, 4 bath, 3,740 square foot home for $2,595,000.  This solar powered Peninsula Point estate features panoranic ocean/Catalina views, upgraded kitchen, game room, 1 bedroom detached Casita... 08/14/2017

Palos Verdes real estate single family home sales in the first 20 days of July 2017 are 52 homes which is an decrease from the 55 Palos Verdes homes sold in the first 20 days June and an increase from first 20 days of July 2016 (45).  (It may take an additional week for some sales to post after the actual close of escrow).  The average sales price for single family Palos Verdes homes from July 1st to date is $1,898,730 which is an increase from last month’s average of $1,756,497 for this same time period and an increase from $1,722,353 last July. In July 2017 to date, the highest priced Palos Verdes home sold for $9,250,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 5 bedrooms, 8 baths and 9,017 square feet on a 34,082 square lot.  This fabulous Tus... 08/14/2017

Interest rates for buying a home on the Palos Verdes Peninsula eased this week . The following are excerpts from the newsletter on interest rates published by HSH Associates :"Partly due to increasingly bellicose saber-rattling between the U.S. and North Korea, but also more than partly due to inflation that simply can't find a reliable toe hold, mortgage and other interest rates found new reasons to decline this week. With this as the backdrop, it seems likely that we'll set new 2017 lows for mortgage rates in the days ahead, possibly beating previous lows by a few basis points. This is remarkable, given that the Fed has raised the federal funds rate three times in the last eight months.To be fair, the fed funds rate and mortgage rates don't have a whole lot to do with one another, but... 08/13/2017

Palos Verdes homeowners need to be aware of the risk of an uninsured deed. Recently Ticor Title sent out a reminder to real estate agents regarding why this could be of concern. The most common problem of an Uninsured Deed comes in the form of a Quictclaim deed between family members. When a person gets added to title, this is a window of opportunity for those against him/her to attach to the property.When you are selling your property, it is always best to use a realtor.  They will use a title company to make sure that a recorded Uninsured Deed will be shown on the Preliminary Title Report, which is for the protection of the homeowner to make sure the deed was not signed fraudulently or under duress which was the intention of the grantor to transfer title.A realtor would know how to sp... 08/09/2017

Los Serenos de Point Vicente docents will be offering a tour of the Point Vicente Lighthouse & Museum, the native plant garden and a walk along the spectacular bluff top at the Vicente Bluff Reserve on Saturday, August 12, 2017, beginning at 10:00 a.m.  Palos Verdes homes owners will have the opportunity to enjoy a tour of the Point Vicente Lighthouse, which is not often open to the public, and view the Point Vicente Lighthouse Museum.   You will enjoy the beauty of the lighthouse which stands 67 feet tall and is one of the area’s jewels.  The lighthouse beam shines 185 feet high and can be seen twenty miles out over the ocean.  Point Vicente was named in 1790 by Captain George Vancouver in honor of his good friend, Friar Vicente of the Mission Buenaventura.  In 1979, the Point Vicente ... 07/25/2017

2016 Palos Verdes homes sales for the Eastview RPV neighborhood decreased to 69 single family homes sold in 2016 compared to 74 in 2015.  Price per square foot for Eastview houses that sold in 2016 increased to $484 compared to $474 in 2015 a 2.3% increase.  Average sales price for Eastview homes sold in 2016 was $814,787 compared to $754,139 in 2015.  The most expensive home sold for $1,149,000 and the lowest priced home sold for $610,000. Currently, Eastview RPV has 10 active Palos Verdes homes for sale.  There are 7 single family homes ranging in price from $605,700 for a 2 bedroom/1 bath, 1,077 square foot home, to $979,000 for a 3 bedroom/3 bath, 2,400 square foot home.  There are 3 condo/townhomes ranging in price from $379,000 for a 2 bedroom/2 bath, 1,207 square foot unit, to $... 07/24/2017

Palos Verdes home owners will once again have the opportunity to support “The Hills Are Alive Race” which benefits Rolling Hills Estates’ Pepper Tree Foundation.  This race is considered to be one of the oldest and finest trail races in Southern California.  The Pepper Tree Foundation was established in 1982 to promote citizen contributions and donations to enrich the quality of  life in Rolling Hills Estates.  The foundation has provided trees, benches, picnic tables and other items which enhance and preserve the city parks and open spaces.  This year the Pepper Tree Foundation will partner with UCLA Health and this 36th annual race will take place on Saturday, August 12, 2017, beginning at 8:00 a.m. Participants will enjoy running or walking on soft-packed bridle trails throughout sc... 07/24/2017

Just reduced, my condo lease listing at 3605 Hidden Lane #202, in Rolling Hills Estates. Offered now at only $2280/month, you will find that this is the best priced condo unit currently available in this area on the Multiple Listing Service.This unit is 2 bedrooms/2 baths, and is 951 square feet. It has a remodeled kitchen and bath with newer carpet. It is located in a wonderful condominium complex, with a swimming pool, spa, tennis court and much more.Contact me for more information at www.tubasellspv.com.Originally posted to Tuba Ghannadi's real estate blog Aboutpv.com.Photo courtesy of the CRMLS. 07/21/2017

Family Movie Night featuring Disney’s “Moana” will be shown on Friday, July 28, 2017, at South Coast Botanic Garden. The evening begins at 5:00 p.m., with activities including games, Twilight Excursions & Polynesia Dancers.  This is a fun event and you can purchase tickets by going tosouthcoastbotanicgarden.org.  The cost is $9/adults and $4/children.South Coast Botanic Garden is located at 26400 Crenshaw Blvd, Palos Verdes Peninsula.On Saturday, July 29, 2017, at Rancho Palos Verdes City Hall “The Lego Batman Movie” will be presented.  Children’s activities will begin at 6:30 p.m. with Electrikids.  Food trucks will be arriving and serving at 6:45 p.m.  The movie is scheduled to start at 8:15 p.m.  This event is free and food can be purchased from the food trucks.Rancho Palos Verdes Ci... 07/18/2017

The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 29 units at the end of June is down approx. 24% compared to this time a year ago. The average number of sales per month over the last 3 months of 18 units per month is up approx. 6% compared to a year ago however. There are 18 units in escrow at the end of  June, however showing continuing strong recent sale activity.   The average price per square foot of condos and townhomes sold on the Palos Verdes Peninsula over the last 3 months of $433 per sq. ft. is unchanged over the similar period last year.     The average days on market to sell a condo or townhome on the Palos Verdes Peninsula has been approx. 1 to 2 months recently. Condos and townhomes are currently selling at an average of 98% of list price.   Wi... 07/17/2017

Summary: The number of homes listed for sale on the Palos Verdes Peninsula has increased to seasonal levels, but the number of homes on the market at the end of June is down 7%, but the number of homes sold during the last three months is down 3% compared to the prior year, resulting in unsold inventory of just over 3 months supply. Prices per square foot is up approx. 3% compared to the prior year's quarterly average. Lower priced homes are moving faster than the upper end of the market. The market has also been very active with houses taking only approx. 1 to 2 months to sell.The number of properties listed for sale for the overall Palos Verdes Peninsula at the end of June of 225 properties is 7% lower than the same time last year, and the average number of homes sold per month of 72 ... 07/17/2017

The Palos Verdes Peninsula Land Conservancy and Art to Grow On, Inc, will be sponsoring “Summer Impressions” workshop at the beautiful Terranea Resort located on the Palos Verdes Peninsula.  This family fun-filled event will take place on Sunday, July 23, 2017, from 10:00 a.m. to 12:00 noon.  The outing begins with a family coastal hike down the discovery trail with activities along the path which helps the young artists notice patterns of color, objects and the different textures seen in nature.  During the walk, they will be looking for different animals and plant life which make up the theme for the summer project.  Then, the young artists will take their new skills and transfer all their new impressions into their own masterpieces.  This is a great event for children over 3 to enjo... 07/17/2017

2016 Palos Verdes homes sales for the Silver Spur neighborhood increased to 52 single family homes sold in 2016 compared to 49 in 2015.  Price per square foot for Silver Spur houses that sold in 2016 increased to $616 compared to $592 in 2015 a 4.0% increase.  Average sales price for Silver Spur homes sold in 2016 was $1,180,277 compared to $1,079,257 in 2015.  The most expensive home sold for $3,300,000 and the lowest priced home sold for $835,000. Currently, Silver Spur has 5 active Palos Verdes homes for sale.  There are 5 single family homes ranging in price from $940,000 for a 3 bedroom/2 bath, 1,395 square foot home, to $1,749,000 for a 4 bedroom/3 bath, 2,151 square foot home.  There are no condo/townhomes for sale in this neighborhood. For background and history on Silver Spur ... 07/17/2017

Palos Verdes real estate market has increased in the first six months of the year, with sales price and average square foot prices increasing.The overall area markets seem to be feeling the same movement with interest rates still low, and first time buyers getting the sticker price shock.RE/MAX Estate Properties has put out an actual closed sales price report for Westside sales, South Bay sales, Palos Verdes and Harbor areas sales. To read more on each of these area statistics click here.Above is my listing at 28623 N. Enrose Ave, Rancho Palos Verdes. This gorgeous home is in move in condition with 3 bedrooms/2 baths and 1,856 square feet. it has been remodeled with an open concept floor plan and new wood flooring throughout. It features a gorgeous kitchen with granite counter tops, sta... 07/14/2017