90274 Homes
For Original Content please visit http://www.homeispalosverdes.com/90274-homes-market-update-september-2013/
90274 Homes Market Update
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It’s Great Time To Buy!Here is your market video with the most recent activity for Palos Verdes Homes and for 90274 Homes! Please click the link above to view and contact me if you have any questions regarding your next real estate transaction I’d love to assist you with your real estate needs. Use the SpatialMatch™ Search Engine Map below to find 90274 homes for sale. You can use the same map to switch to closed sales for 90274 homes; this allows you to easily compare what’s for sale in the 90274 Homes category with what has closed escrow. Use the “Market Trends” button on the lower right side of the map to further drill down to dynamics happening with the 90274 Homes real estate market
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90274 Homes
[spatialmatch_map id=27 width=725 height=625]
This utility allows you to further investigate community and neighborhood data for 90274 Homes
George Fotion, HomeIsPalosVerdes.com
The City of Palos Verdes Estates, incorporated December 20, 1939, is the oldest of the four cities on the Palos Verdes Peninsula.
New York financier Frank A. Vanderlip, Sr. purchased the land from the Bixby family in 1913 with the idea of building a planned, residential community. The new community was laid out and landscaped by the famous Olmsted Brothers, sons of Frederick Law Olmsted, Sr., who designed Central Park in New York City. Gently winding roadways, green hillsides, paths, stands of eucalyptus, pepper, and coral trees were established, and a full 28% of the land area was dedicated to be permanent open space. This early planning and dedication of parklands gives the City its unique rural character and has resulted in its international reputation for scenic beauty.
Vanderlip’s plans were slowed by World War I, but subdivision of the land and construction of the first Spanish style homes in what is today Palos Verdes Estates began in the early 1920’s. Deed restrictions were imposed on the land in 1923, when the Bank of America, as trustee for Vanderlip’s Palos Verdes Project, drafted a trust indenture and outlined provisions for development. The area was unincorporated and governed by the Palos Verdes Homes Association, which was liable for taxes on all parkland. After the economic crash in 1929, the Association owed taxes to Los Angeles County and residents, concerned that the parklands might be sold for payment, in 1939 voted for City incorporation. In 1940, the parklands were deeded by the Homes Association to the new City.
Over the years, the City’s governance has been guided by the vision of the original founders with an emphasis on preserving, protecting and enhancing the quality of life and natural assets that make Palos Verdes Estates unique.