Palos Verdes Homes For Sale and Interest Rates | Up or Down?

Interest rates are always an important factor when buying Palos Verdes homes for sale. Whether you’re a buyer looking at a $1,000,000 mortgage at 3.75% at $4,630/mo or the same mortgage at 5.75% (still low by historical standards) at $5,836/mo; that $1,200/mo difference is a big deal!

If you’re a seller of Palos Verdes homes for sale, what interest rates are doing therefore will certainly effect the price you would ask for your home. Some title company statistics show that people are palos verdes homes for salestaying in their homes an average of 7 years (personally I think owners of Palos Verdes homes for sale have stayed in their homes for much longer) that $1,200/mo over 7 years is an increased cost to a buyer of Palos Verdes real estate of over $100,000.

Clearly then pricing is a function of interest rate. So if you’re planning being one of the Palos Verdes homes for sale, what can you keep a watch on to determine WHEN THE FED WILL RAISE RATES? I read an article by Tony Crescenzi of Pimco.com recently that provided some pretty good information on that question. Summarizing… Key Points:

  • To decide when the Fed might begin to taper its asset purchases, closely monitor the Fed’s favorite labor market indicators.
  • Investors need be alert for signs of progress in the many employment indicators the Fed is watching, and listen closely to what the Fed is saying to know when bond buying will be tapered.
  • The failure to achieve “escape velocity” is why the Fed is using its printing press to purchase $85 billion of securities monthly. These purchases will continue, the Fed says “until the outlook for the labor market has improved substantially.”

The Fed has made progress toward achieving escape velocity but the progress must be sustained for the Fed to throttle back on its stimulus. If you’re interested, you can read the full article here: http://www.pimco.com/EN/Insights/Pages/Telling-(Taper)-Time.aspx

Of course, no one has a crystal ball, certainly not me. Yet I wanted to share with you the best indicators I can for how we can “read the tea leaves” so that we can figure out the best course of action for your either buying one of the Palos Verdes homes for sale OR whether you want to get on the market and compete against the other Palos Verdes homes for sale.

Meanwhile, here’s a handy tool for you to study at what price recent Palos Verdes homes for sale did closed escrow.

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And to study other community features around Palos Verdes homes for sale, please feel welcome to use this LifeStyleFinder tool: George Fotion on Google+

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George Fotion, HomeIsPalosVerdes.com

Original content  http://www.homeispalosverdes.com/palos-verdes-homes-for-sale-and-interest-rates-up-or-down/

17 Tips To Improve Palos Verdes Real Estate Curb Appeal

Selling Palos Verdes real estate for the highest price requires many different components all working together.  One of those components is making Palos Verdes homes capture buyers with the best possible curb appeal.

I recently read an article by Laura Gaskill who runs a great blog on house ideas.  She published 17 ideas on how to improve “Curb Appeal”

  1. Add big bold house numbers.  Next time you’re driving around and looking at Palos Verdes real estate, take note of the houses that feature this.  Do they look better?  Match up the style of the home with the fonts.  For example, use a clean sans serif font for a modern house, maybe hand painted tiles for Palos Verdes real estate that is more “cottage” like in nature.
  2. Paint the front door.  A front door that “pops” really improves Palos Verdes real estate curb appeal.  You might even consider getting a new front door.
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  3. If your Palos Verdes real estate home has a porch, get new porch furniture
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  4. Swap out that old grungy porch light with a big statement making light to show off Palos Verdes real estate
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  5. Add a hot red accent; but don’t get carried away.  A little bit goes a long way to add vibrancy to Palos Verdes real estate
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  6. Freshen up the hardscaping.  A simple path, or a low stone wall adds texture to Palos Verdes homes.
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  7. While you’re at it, don’t forget about your side yards.  Clear out weeds and manicure a nice path to the back yard of your Palos Verdes real estate
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  8. Check with your city, whether Rolling Hills Estates, Palos Verdes Estates or Rancho Palos Verdes and see about adding a low fence that is approvable.  Fences can make Palos Verdes houses look bigger
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  9. Making Palos Verdes real estate stand out in front of the competition is key in getting the best price possible.  Another way to do this is to dig up part of your front lawn and plant textured height perennials.
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  10. How’s the driveway looking for your Palos Verdes real estate?  Shabby?  Cracked?  Get it fixed.
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  11. One of the biggest visual features of any Palos Verdes real estate is the garage door.  It takes up a lot of “visual real estate”.  Is it shabby looking?  Consider painting it.
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  12. For Palos Verdes homes with decks and the marine atmosphere in which we live, they can take a beating.  Strip it and refinish.
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  13. Before I forget and back to the subject of front doors, consider getting a good looking door knocker and hardware.  Palos Verdes homes with plain doors can be livened up with this simple addition
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  14. Laura seems to have a focus on front doors and one of the other tips she gives is getting an unusual front door.  Now for Palos Verdes real estate, especially in Palos Verdes Estates with the Homes Association, this can be a bit tricky.
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  15. Create “cohesion” between your Palos Verdes real estate and the plants and pots around the house.  For example, more modern Palos Verdes homes would match up well with succulents and more traditional homes with lush beds of flowers
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  16. For me, the visual imprint of Palos Verdes real estate flows from the three dimensional perspective to the two dimensional pathways.  Do they match up?
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  17. And lastly for Palos Verdes real estate in the townhome or condo category, add window planters, glossy color appropriate shutters and good lighting to accent what you have.
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There you have it.  17 Good ideas to help you sell your Palos Verdes Real Estate for a Higher Price

And to find sold around you, use this map search utility.

 

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Original content located at http://www.homeispalosverdes.com/17-tips-to-improve-palos-verdes-real-estate-curb-appeal/

George Fotion, HomeIsPalosVerdes.com

Miraleste Homes | Rancho Palos Verdes Homes | 6252 Via Canada

One of the most unique Miraleste Homes located in the city of Rancho Palos Verdes is the home designed by world famous Walter Davis.

Breathtaking and inspiring,miraleste homes the architectural genius of Walter Davis flows through this home that he designed for his son. Walter and Pierpont Davis were early pioneers of the courtyard complex, with projects of Mediterranean design dating from about 1915. He was also the architect for the La Venta Inn, the first structure to be completed on the Palos Verdes Peninsula in 1924. Ocean, harbor and city lights from most rooms, winding paths through lush landscaping, mystery and intrigue aat nearly every step. This is a one in a kind property that astounds.

This is an incredible once in a lifetime opportunity to own, not only a home, but a work of art. For example, the ceiling in the Master Suite took approximately 8 years to create. It was inspired by the Capella Palatina, the Royal Chapel of the Norman Kings in Palermo, Sicily dating back  to the 11th Century! Think about it, anyone miraleste homes walter s daviscan own a home and hang a piece of art inside; it’s something else all together to live in piece of art! Call or email for your private appointment. Serious candidates only please.

Miraleste homes provide classic interpretation of the spirit envisioned by the “Father of Palos Verdes”, Frank Vanderlip. The old world charm envisioned as the “American Riviera” lives on with Miraleste homes. Temperate climate, easy access to freeways, yet one of the most calming environments to live, Miraleste homes provide this along

with tremendous schools ranked among the best in the United States. While we encourage you to shop and compare, we know that you will find none of the Miraleste homes, let alone any of the Palos Verdes homes that compare to this living art. (Picture is of Walter S Davis in 1922 with siblings)

 

Find other Miraleste Homes for sale

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George Fotion, HomeIsPalosVerdes.com Original content located at http://www.homeispalosverdes.com/miraleste-homes-rancho-palos-verdes-homes/

 

Palos Verdes Nature Preserve Public Use Master Plan

Palos Verdes Nature Preserve Public Use Master Plan (PUMP)

This paper is one of the most, if not the most comprehensive description of the trails and uses for the Palos Verdes Nature Preserve.  One of the most enjoyable benefits of living here in Palos Verdes and owning one of the Palos Verdes homes relative to all the other communities around the South Bay is access to miles and miles and miles of Palos Verdes hiking trails.  The wide open spaces are accessible year around and FREE!  You will find easy to navigate trails or trails that will tax your physical limits.  Trust me, I know, I’ve been taxed, big time!

Few realize how luck we are that the the Palos Verdes Land Conservancy has invested so much time, money and effort into preserving lands for our enjoyment.  You can visit their website here.  While the purpose of this post isn’t to get you to contribute anything, perhaps you will consider doing so just the same.  It all helps keeping the Palos Verdes Nature Preserve something we can enjoy for years. 

On April 2, 2013, the City Council adopted the Public Use Master Plan (PUMP) Document for the Palos Verdes Nature Preserve (Preserve). In order to balance the public’s passive recreational needs with the protection of natural resources within the Preserve, the NCCP requires that the City and the PVPLC prepare a Public Use Master Plan (PUMP) for the Preserve. The PUMP is intended to be a covered activity under the NCCP and address issues germane to the Preserve such as public access, trail and trailhead locations, parking, trail use, fencing, signage, lighting to name a few.

to view the April 2, 2013 Council adopted PUMP Document.

Inquiries should be directed to Ara Mihranian, Project Planner, at 310-544-5228 or via email at aram@rpv.com

Meanwhile if you would like to search for homes around the Palos Verdes Nature Preserve, you can use this map based search tool below.

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George Fotion on Google+

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George Fotion, HomeIsPalosVerdes.com

Original Content located here:http://www.homeispalosverdes.com/palos-verdes-nature-preserve-public-use-master-plan