Palos Verdes Estates, CA Real Estate News

By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
As you can see the real estate market in Palos Verdes Estates, Valmonte in particular is still going strong.  These market statistics show real estate sales in Valmonte area for 2006-2007 for all sales.  Prices per square foot may vary depending upon your individual home and location in Valmonte.  Prices ranges from $762.00 per square foot in 04/06 and are currently at $683.00 per sq. ft. as of 07/07.  They reached a high for the month of 2/07 to 809.00 per sq. ft. as you can see from the chart below.    Individual price per sq.ft on your home is also available, call for assistance. WE have market charts for the Palos Verdes Peninsula all communities and all of the Los Angeles Area.
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
Real estate market in Palos Verdes Estates is doing great.  I have seen an increase in some ocean view properties increasing dramatically..  As you can see, Zip codes of 90274 overall started at 04/06 at 643.00 per square foot selling price and is now as of 7/07 at 653.00 selling price per square foot. This is a genaral overview of the 90274 zip.  Prices may be considerable higher in your area.  If you want a detailed market price per square foot in ValmLunada Bayaonte,Malaga Cove, Monte Malaga,PVE,Lunada Bay,Rolling Hills Estates, please contact me for assistance.
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By Jason Buck
(Re/Max Palos Verdes)
Valmonte is a section of Palos Verdes Est extending away from the beach at Malaga Cove, bordered by the nearby Hollywood Riviera to the north, and the Palos Verdes Golf Course to the South, and stretches east along Palos Verdes Dr North to Hawthrone Blvd and the city border.There have been some fantastic sales in this community recently, for a complete update please write me and I would be happy to send them to you.There is a gorgeous home on Via La Selva that is worth looking into further. Here are the current listings:http://matrixreports.gsbrmls.net/MatrixReportServer/Output/31984/Customer_Full4075.PDF If you would like more information or a personal list of homes please visit www.jasonbuck.com 
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By Jason Buck
(Re/Max Palos Verdes)
I recently held an open house at 401 Via Almar. The turnout was pretty good since it was a nice day and soo many people were across the street at Rat Beach. This is a special single level home with about 3,300 sq ft on a fantastic roughly 26,000 sq/ft lot. From the Master Bedroom water view is awesome! And you can watch people on the beach from there all along the coast with the "Queens Necklace" view. The lot also has expansion possibilities and a pool with bar-be-que.As of July 5, 2007, here are some of the other local listings.http://matrixreports.gsbrmls.net/MatrixReportServer/Output/31984/Customer_Full8451.PDF Please visit www.jasonbuck.com for a current update.Have a great day.  
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By Jason Buck
(Re/Max Palos Verdes)
As of June 13, 2007, here are the current active, contingent, and pending listings for Montemalaga in Palos Verdes Estates.  Montemalaga is a very prestigious community in PVE and offers larger lots and enormous estates. Some of these homes have amazing views of the "Queens Necklace," the strip of beaches and lights along the Bay of Los Angeles looking up towards Malibu.http://matrixreports.gsbrmls.net/MatrixReportServer/Output/31984/Customer_Full6602.PDF If you would like more information, or a personalized list, please visit www.jasonbuck.com 
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By Jason Buck
(Re/Max Palos Verdes)
As of June 13, 2007, here are the active, contingent and pending properties in the Lunada Bay area. Lunada Bay is a community in Palos Verdes Estates.  There are nearly 1500 homes in this region which begins at the southern city border, west to the ocean, east to the RPV border and north to the intersection of PV Drive West and Paseo Del Mar at Bluff Cove. http://matrixreports.gsbrmls.net/MatrixReportServer/Output/31984/Customer_Brief4117.PDFIf you would like more current information or a personal list, please visit www.jasonbuck.com
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By Jason Buck
(Re/Max Palos Verdes)
On March 13, 1961 the Greek cargo vessel known as the Dominator was nearing the Los Angeles Harbor when it ran aground off Palos Verdes.  Carrying a load of wheat and beef the 441' boat struck land right at the point of Lunada Bay.  There are still some rusted skeletons of the Dominator along the rocks. Pounding surf has dismanteled much of the ship and the bow finally dissappeared two years ago now lying at the bottom of the sea. The boat ran aground offshore and there were several attempts to drag it off the reef during high tide. After three days the crew abandoned the ship and it eventually broke apart in heavy surf. Check out this video from this link:http://www.cawreckdivers.org/Wrecks/Dominator.htm This is amazing footage that I was soo very pleased to come across - hope you enjo...
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By Jason Buck
(Re/Max Palos Verdes)
I haven't seen the movie yet -however, I did see them filming last summer.I took this picture from my small 13' Whalier last summer when the Pirates of Carribean III At Worlds End was filming. In fact, I saw Johnny Depp as we were launching the boat. I got really lucky when I made it offshore to the boats location and everyone was taking lunch.  When they are filming there are tons of boats out there. The crew has two 80' fishing boats, then there are four fog making boats, cargo crew boats going toRedondo Pier in the tent city, as well as numerous jet skis that are supposed to keep curious boaters at bay.  I took a bunch of photos withPalos Verdes in the background, my home town. I went to high school right behind that first line of homes and surf those breaks all winter long.  I have ...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
 Interest RateThe monthly effective rate paid (or received if you are a creditor) on borrowed money. Expressed as a percentage of the sum borrowed.MLS- IDXIDX, or broker reciprocity, is a listing sharing arrangement between brokers within a Mulitple Listing Service. Market ValueAn asset's market value is the price it would fetch in the market, if it were sold immediately.Title InsuranceA type of insurance which guarantees the ownership and quality of title to land.AppraisalAn educated estimate of the value of a property on a certain date given by a person, usually after an inspection of the property.As isImplied in most Agreements of Purchase and Sale, suggests the buyer is accepting the property in it present state and relinquishes and responsibility from the buyer.Bankruptcya person w...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Home Staging  Marketing plays a huge part in everything we purchase. Think about this for a moment.. when you look through a magazine, or watch a television commercial, you are probably drawn to a certain product simply because of the way it is presented to you. You have to have that certain something, and will go out and buy it.In the same way, when your house goes up for sale, it is important to think about how you want your house to be presented.Every home has unique qualities that should be "shown off" to a potential homebuyer.Home Staging means to simply 'stage' your home correctly to highlight these special qualities. Below are a few tips to make sure your house is looking its best when you areshowing your home to potential home buyers.Follow these quick steps to get started on Se...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
 "Short payoffs" are becoming more prevalent in today's real estate market.  What is a "short payoff?"  It is when a lender is asked to accept less than what is owed on a property.  The lender does this in return for avoiding the complete foreclosure process.  It has been estimated that when a lending institution does implement foreclosure procedures, they may net as little as 40% of the original appraisal.  In order to alleviate this problem for the lender and to possibly save the credit of clients, a program has been developed in order to negotiate with lenders, which is accomplished by listing and selling the property at a price that may generate a loss to the lender.  During this marketing period, the lending institution has little to do with the short sale.  However, it is importan...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Sell your home for top dollar  Selling a home is a major transaction. Sellers make mistakes that cost them money because they don't often sell homes. Choosing the right Realtor to sell a property and negotiate the sale is the most important step in putting a home on the market.Show me the credentialsMany sellers choose a friend or family member who is a Realtor to sell their home, be careful when doing this. Friendship alone isn't enough to establish a realtor's credentials. Use the same standards when selecting a realtor that you would when choosing a doctor, accountant or other professional. Another reason to think before using a friend or family member as your agent is what if a problem develops while selling your home? Do you want to risk causing friction in that relationship?Don't ...
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