Great Coastal Property In Rancho Palos Verdes
By Susan Morrow, Extraordinary Service With A Smile
(RE/MAX Estate Properties)
I recently completed some research for several clients of mine interested in a beautiful complex of condominiums overlooking the Ocean in Rancho Palos Verdes. I thought I would share my findings with all of you! The real estate market in the South Bay area, including the Palos Verdes Peninsula, has faired better than some neighboring areas, however, we have all seen a slowdown in activity and a slight decrease in perceived home values. Unfortunately, the press has in some cases exaggerated the state of the market and this has affected how some buyers approach a purchase. Also unfortunate are the situations where homes are placed on the market at inflated prices only to sit stagnant and consequently slide down below their true market value. Palos Verdes Bay Club sale prices have near...
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