What’s selling now in Palos Verdes Real Estate

A quick look at the $1,000,000 – $2,000,000 Palos Verdes Real Estate market place

There are homes for sale in Palos Verdes CA, there are homes that represent the closed sale Palos Verdes real estate market and then there are homes in Palos Verdes that are in escrow now.

It’s the homes that are in escrow now that give us the best “today” snapshot of what buyers are accepting in today’s market.

 

View 1.0 – 2.0mm Palos Verdes Homes In Escrow in a full screen map

DRE 785373

 
Homes for sale in Palos Verdes Estates
Homes for sale in Rolling Hills Estates
Homes for sale in Rancho Palos Verdes
Homes for sale in Rolling Hills
South Redondo Beach homes for sale
Hermosa Beach homes for sale
Manhattan Beach homes for sale
South Torrance homes for sale
George Fotion
Call Realty Company
(310) 346-6467
gfotion@emailtreo.com

Palos Verdes Real Estate Trends

Existing Home Sales Continue To Climb In November

From the “Daily Real Estate News”, an online publication by the National Association of Realtors, it was reported today that, “…Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners.  Although rebenchmarking resulted in lower adjustments to several years of home sales data, the month-to-month characterization of market conditions did not change. There are no changes to home prices or month’s supply….”

To read the full article with back up documentation go here: http://realtormag.realtor.org/daily-news/2011/12/21/existing-home-sales-continue-climb-in-november

But that’s a national overview.  And we all know the age old adage for real estate don’t we?  Let’s repeat it together, ready, “Location, Location, Location”.  And because of that, there is a corollary to that adage and that is “All Real Estate is Local”.  What that means is that it is of very little significance what the market is doing in Miami as to what the market is doing for Palos Verdes real estate. 

That being said, what is the Palos Verdes homes market looking like these days?  First, we need to understand that real estate, just like any other asset, is a commodity.  It is ruled by the forces of supply and demand and that “ebb & flow” creates levels of “unsold inventory” by which we can gauge the strength of the market.  The basic question is this …. “How many days of unsold inventory are on the market today and how does that compare to times past?”  This is what can provide us hints as to the direction of the market.  Take a look at the chart to get a glimpse of what the Palos Verdes real estate market is doing today.  For more information and additional proprietary charts, you’re welcome to call me or visit my website at HomeIsPalosVerdes.com

From Palos Verdes Real Estate Market Charts
 
Homes for sale in Palos Verdes Estates
Homes for sale in Rolling Hills Estates
Homes for sale in Rancho Palos Verdes
Homes for sale in Rolling Hills
South Redondo Beach homes for sale
Hermosa Beach homes for sale
Manhattan Beach homes for sale
South Torrance homes for sale
George Fotion
Call Realty Company
(310) 346-6467
gfotion@emailtreo.com

Protect Your Palos Verdes Ocean View Real Estate

Do You Have A View?

Can you count on it EVERY DAY to be crystal clear?

I advise my ocean view and city light view homeowner clients constantly, “take pictures of the views when the weather is crystal clear”.  We had incredible winds last night that made it beautiful today. 

Get your cameras and take pictures.  Sure enough, if you don’t, and some day when it comes time to sell your home that has as one of its most high demand features, the ocean view, you will regret not having your view shots!

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So, as soon as you’re done reading this … grab your camera and GO TAKE SOME PICTURES!

For more information on Palos Verdes homes for sale and how to maximize your benefits as a home owner, buyer or seller of Palos Verdes real estate, visit my website, www.homeispalosverdes.com

 
Homes for sale in Palos Verdes Estates
Homes for sale in Rolling Hills Estates
Homes for sale in Rancho Palos Verdes
Homes for sale in Rolling Hills
South Redondo Beach homes for sale
Hermosa Beach homes for sale
Manhattan Beach homes for sale
South Torrance homes for sale
George Fotion
Call Realty Company
(310) 346-6467
gfotion@emailtreo.com

Are Real Estate Agents Stupid; How about Palos Verdes Real Estate agents?

Are real estate agents as stupid as they look?

I saw the article below a couple of days ago and just had to groan

Really?!?!  Overcounted?!?! and for FIVE YEARS?!?!  (Don’t worry, I will get to my point in a minute, keep reading below the picture excerpt of the article)

Wow, no wonder real estate agents don’t rank very high in “Honesty and Ethics” 

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So even though real estate agents are in a “profession” that is ranked in the top 10 of most stressful jobs, it would seem that it would go a long way to improve these perceptions by just doing a good job and telling the truth. Is it really that hard?

Let me make a promise to you right here and now, when you come to me for consultation or service, I will tell you the truth – it may not be what you want to hear …. I won’t “buy your listing” by giving you an inflated price opinion so that you will list with me AND you can count on my numbers as I do my own research. 

For example, here’s a chart on the latest home sale price trends for Palos Verdes real estate.   No double counting here, just the facts

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If you would like access to my proprietary real estate market charts for Palos Verdes and the South Bay, go here

 

 
Homes for sale in Palos Verdes Estates
Homes for sale in Rolling Hills Estates
Homes for sale in Rancho Palos Verdes
Homes for sale in Rolling Hills
South Redondo Beach homes for sale
Hermosa Beach homes for sale
Manhattan Beach homes for sale
South Torrance homes for sale
George Fotion
Call Realty Company
(310) 346-6467
gfotion@emailtreo.com

Senior Living Options in Palos Verdes

Senior Living Options in and around Palos Verdes

Many of my clients who are seniors and adult children of seniors have asked me about what residential living options exist.  Here are some that you might want to research. 

Recently built in 2008 Rolling Hills Villas feature 7 different floorplans. There are 42 units total in the Rolling Hills Villas.  Their website shows floorplans, video and more

ASSISTED LIVING OPTIONS IN PALOS VERDES:

For more information on Palos Verdes real estate and Palos Verdes Homes for Sale as well as real estate trends in Palos Verdes, you are welcome to visit my website at http://www.homeispalosverdes.com  Thank you.

 
Homes for sale in Palos Verdes Estates
Homes for sale in Rolling Hills Estates
Homes for sale in Rancho Palos Verdes
Homes for sale in Rolling Hills
South Redondo Beach homes for sale
Hermosa Beach homes for sale
Manhattan Beach homes for sale
South Torrance homes for sale
George Fotion
Call Realty Company
(310) 346-6467
gfotion@emailtreo.com