Palos Verdes Coastal Homes - Norma Toering

Palos Verdes Farmer's Market--Fresh, Fun and Fantastic Food

2011-11-02T11:41:00.001-07:00

After my hike at Trump National, I decided to stop by the Palos Verdes Farmer's Market. I picked up some great hummus and Pita Bread and a few pear apples ( hybrids are all the rage in fruits as well as autos these days) and the most delicious barbecued chicken and rice with diced pineapples for a quick lunch before I headed to the carwash. Needless to say Sunday morning was active, productive and tasty!

If you've never shopped at the Palos Verdes Farmer's Market you are in for a treat. Stall after stall is filled with fresh from the earth goodness (vegetables and fruits galore) and beauty (fresh cut flowers and plants) plus there is music, entertainment and delicous street food. If you're looking for 'Made in America' this shopping extravaganza still has local soil clinging to the roots of many of the veggies.

Enjoy some local flavor and check out the Palos Verdes Famer's Market. Make sure you have room in your refrigerator as I'm sure you will come home with several bags of home grown goodness.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle- Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Palos Verdes Sellers, Your Home Is Needed Now

2011-11-02T11:40:00.001-07:00

Yesterday, a fellow agent remarked, "I have three PV buyers and nothing to show them."

Her words may have been a bit of an exaggeration to drive home the point of extremely low inventory on the Palos Verdes Peninsula. There are currently only 247 single family homes for sale in the four cities that make up the Palos Verdes Peninsula--Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills and Rolling Hills Estates. Market conditions are lining up to signal it's a good time to sell.

If you're planning to list your property next spring you may want to reconsider the timing. Market conditions and personal choice determine timing not calendar month. The market is signaling now may be the most opportune time of the year to sell a Palos Verdes property. Local market statistics confirm my observation. There are currently 99 single family homes in escrow. At the current rate of absorption, and no new listings, inventory will be depleted in less than three months.

Timing may be the most underrated component of a successful sale. Location has long been touted as the kingpin. Price must be in line with market conditions. Preparation and presentation play a key role in attracting buyers. Timing the market is an art aspired to by many. It is tough and involves luck as well as skill. There will be always be unknown components, but having less competition for qualified buyers certainly tips the scales in favor of the seller.

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There's a View Waiting for You in Palos Verdes CA

2011-11-02T11:34:00.001-07:00

As my tour bus snaked its way along the Amalfi Coast in Italy I listened to the other passengers ooh and aww over the amazing views, I thought to myself, reminds me of Palos Verdes. The Italian verison may be a little more dramatic with steeper hills and one-way roads with hairpin curves, but the high bluffs with blue water below share undeniable similarities.

Beauty is in the eye of the beholder, as is the value of a view. This is one of the great puzzles of selling view homes on the Palos Verdes Peninsula. We have a plethora of views. There are varying degrees of views, there are up close and personal views and there are some homes with pastoral views (some buyers consider this a non-view when compared with a panoramic view). What's an agent to do when asked to place a value on a view?

The Views of Palos Verdes:The Queen's Necklace view is one of the most sought after on the entire Palos Verdes Peninsula. Many residents of Palos Verdes Estates are fortunate to enjoy this amazing sight from the comfort and convenience of their home. It is a combination of Pacific Ocean meeting the encircling lights of the Beach Cities and beyond all the way to Malibu. Toss in snow capped mountain in the background on a clear day and few would disagree this is a million dollar view.

The Blue Pacific and Catalina Island is another very popular view in Palos Verdes. A drive along Palos Verdes South will soon reveal why Lowe's chose to build one of the most spectacular resorts in Southern California overlooking this view. Terranea Resort adds a much needed hotel to the Palos Verdes Peninsula and the views are incredible and inspiring. Donald Trump's golf course is located nearby and enjoys similar breathtaking views.

City lights is an undeniably romantic view. The lights of the Los Angeles Basin and Los Angeles Harbor sparkle throughout the night and twinkle like millions of strands of holiday lights. Palos Verdes is affectionately referred to as "The Hill" by locals and nowhere is this more evident than when you are looking down at the glittering lights of the night.

Other views include coastline, whitewater, bluffs, hills, park, bridge and so much more. Some are from atop "The Hill" and others are so close you can almost dip your toes in the water or hear the surf. There is no doubt views add value to Palos Verdes Property. It also adds beauty, serenity and joy. Those intangibles may be one of the greatest gifts of owning property on the Palos Verdes Peninsula.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle- Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Selling Smart in a Soft Housing Market

2011-11-02T11:31:00.001-07:00

There's a buyer waiting in the wings for every property. The catch is the property must be presented in a manner that will lure the prospective buyers out of shadows and convert them into a bonafide buyer, not a looker, not a tire kicker, but an actual offer-writing serious I-want-that-house committed consumer. To paraphrase Bette Davis, buying a house is not for sissies, quitters or the faint of heart.

Sellers, you are faced with a monumental task when the decision to sell is made. You have the commodity but it's up to you to make it enticing and irresistible enough for a buyer to part with his cash and commit to a monthly mortgage for the next thirty years that will consume a large portion of his family's discretionary income. A house is a big ticket purchase with inherent risks. If your property doesn't embed itself in their hearts and minds buyers will avoid making such a large life-altering decision.

How can a seller make his property the one that lingers in the buyer's mind long after the showing? Like cream, it must rise to the top. It can do this in many ways--some singular, but often by combining several buyer hot-buttons:

1) Price: There in no better way to grab buyers' attention than to offer the best price in the neighborhood. Every buyer wants outstanding value and your price does not need to be the lowest, but it must offer the best value.

2) Buzz: Every property needs it. Maybe it is a new razzle-dazzle kitchen, or new hardwood floors throughout or it could be a fantastic outdoor living area. Make sure to focus attention on what makes your property special and unique. Give buyers a reason to linger a bit longer and absorb the intangible as well as the tangible attributes of the home.

3) Leave the Lights On: Let buyers know they are welcome in your home. After all, you want them to think of it as potentially their home. Prepare for each showing as if a special guest is coming to visit. Fresh towels, spotless counters and all traces of felines and canines banished to a gated area or special "holding" room shows respect for prospective buyers.

4) Remove the Roadblocks: If your house is too difficult to show, you will miss showings and potential sales. Keep it simple with no elaborate alarm codes or "security" dogs--ask your agent to handle those tasks before the buyers arrive.

5) Let Your Motivation Show: It's okay for buyers to know you are motivated and not simply testing the market. Nothing turns a buyer off faster than hearing the seller doesn't have to sell unless he gets his way--meaning his price. Bullying tactics are a sure-fire way to get buyers to walk away. No one expects you to give your property away, but a little cooperation goes a long way on the road to sold, and that is the common goal shared by the buyer and the seller.

Selling a home need not be warfare. The goal is a peaceful exchange of the keys to the kingdom.

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Norma Toering's Malaga Cove Home Sales Report - Sept. 2011 - Palos Verdes Estates

2011-11-02T11:26:00.001-07:00

Malaga Cove neighborhood real estate and home sales report for Palos Verdes Estates, CA in September 2011.
Norma Toering's Malaga Cove Neighborhood Insider's Tip: This neighborhood is home to RAT Beach, one of the most popular beaches with the locals.
Homes for sale: 12 Homes are listed for sale priced from $1,799,000 to $3,950,000.
Pending sales: 2 Houses are in escrow priced at $1,299,000 and $1,399,000.
September sales: 2 Homes sold in Sept. 2011:

Address	Sale Price	Bed/Bath	Sq. Feet.	Lot	Year Built	Days Listed
1625 Via Lazo	$1,125,000	4/2	1920	5472	1951	39
364 PV Drive West	$2,850,000	5/5	3900	6925	2010	262

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Life in Ladera Linda Neighborhood High Above Trump Golf Course in Rancho Palos Verdes

2011-11-02T11:23:00.001-07:00

Located on the south side of the Palos Verdes Peninsula, Ladera Linda enjoys one of the most favorable climates on "The Hill" and definitely some of the best panoramic ocean views. The Palos Verdes Drive South corridor has become the resort side of the Peninsula with the addition of Terranea Resort. Once known as the remote side, it is now the recreational and resort playground of Southern Los Angeles County.

You'll be so busy checking out the panoramic ocean views and Trump National Golf Course you may miss the Ladera Linda neighborhood laced into the hillside high above Palos Verdes Drive South. You're not alone, many people new to the area are not familiar with the neighborhood since it has no through streets and all heads are usually turned toward the ocean on a drive through the neighborhood.

I've saved the best for last--even with its prime location it is still one of the most affordable areas on the south side of the Palos Verdes Peninsula.
Check out these statistics for 2011 sales(YTD) in the Ladera Linda Neighborhood of Ranch Palos Verdes:
Heroic Drive: $715,00
Sea Raven Drive: $828,000
Vigilance Drive: $995,000
Sea Raven Drive: $1,050,000

Two homes are currently for sale in the Ladera Linda Neighborhood--listed for $900,000 and $919,000. Both homes have four bedrooms and two bathrooms. For more information contact Norma Toering & Team.

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Foreclosures and Short Sales in Palos Verdes, California 90274 & 90275

2011-11-02T11:22:00.000-07:00

Distressed sales are beginning to creep up the Palos Verdes Peninsula. We were fortunate for several years and had only a handful of short sales and even fewer foreclosures. The tide is beginning to shift and even our coastal location and top rated schools cannot offer immunity. Distressed sales are showing up more frequently among the standard (and still majority) sales in the four cities of the Palos Verdes Peninsula.
Current listings for distressed property on the Palos Verdes Peninsula:
Palos Verdes Estates: 10 Properties currently for sale are designated as "distressed" sales.
Rancho Palos Verdes: 25 Properties are listed for sale as distressed sales (short sale, foreclosure, notice of default, auction).
Rolling Hills Estates: 5 Properties are currently for sale and designated as "distressed" sales.
Rolling Hills: No distressed properties listed for sale at this time, however one short sale property sold in 2011 for over $2,000,000.
Total number of properties listed for sale on the MLS: 316 (includes homes, townhouses and condos). Nearly 13% of total listings are distressed properties. Many areas have much higher numbers, but we are no longer unaffected by the lingering depressed housing market.

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Is it too late to list my Palos Verdes home?

2011-11-02T11:17:00.000-07:00

"I waited too long to list my house this year, didn't I?" The caller's tone indicated he wanted confirmation of his suspicion. After all, the kids are back in school and pumpkins are appearing in stores and at front doors. Can the holiday frenzy be far behind, and who, if anyone, will be shopping for a home during such a hectic time of the year?

Contrary to popular opinion, the housing market does not come to a grinding halt during the final quarter of the year. Many years it is my best quarter. With summer relegated to memories and photos, and another year dawning, many senior sellers begin to wonder if it's time to make the move to the next phase of their housing life whether it be buying smaller and staying local or making a move to a new locale.

Job transfers, children leaving home and changes in financial situations do not vanish during the final months of the year either. Lucky for sellers, there are always buyers with housing needs at this time of year. I'm currently working with an out of the country buyer planning to open a division of his business in the Los Angeles area. He is carefully perusing the Palos Verdes luxury homes currently on the market. A young executive already working in the area is shopping for a home and plans to move the family over the holidays. Another young couple will purchase a starter home as soon as the wedding and honeymoon are over. The list goes on with more buyers waiting in the wings to find the right house for them in Palos Verdes.

Selling a home in California is not a seasonal business, it's personal. The right time to sell a house is when the time is right for you.

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Norma Toering's Malaga Cove Home Sales Report - Aug 2011 - Palos Verdes Estates

2011-09-08T15:28:00.001-07:00

Malaga Cove neighborhood real estate and home sales report for Palos Verdes Estates, CA in August 2011.

Homes for sale: 9 Homes are listed for sale priced from $1,341,000 to $10,900,000.

Pending sales: 2 Houses are in escrow priced from $1,399,000 to $2,975,000.

August sales: 2 Homes sold during August 2011:

Address	Sale Price	Bed/Bath	Sq. Feet.	Lot	Year Built	Days Listed
2509 Via Ramon	$1,400,000	3/3	2495	8340	1942	132
2704 Via Elevado	$1,750,000	4/4	3478	19567	1959	18

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle- Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

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Living on the Edge - Portuguese Bend Beach Club

2011-07-19T12:10:00.000-07:00

Most of the homes in the Portuguese Bend Beach Club are modest by Palos Verdes standards. A few might even qualifty for 'Beach Shack' status. Some are elegantly understated but nearly every house in the enclave boost a one in a million view. The lucky few occupy rim front lots with panoramic Pacific Ocean views from nearly every room in the house.

The gated community also enjoys a private beach with fire pits and palapa shaded picnic tables. The varied beach residences dot the hills and bluffs along Palos Verdes Drive South in Rancho Palos Verdes. Many residents live in the Club year round, but others use their beach home for weekends and vacations. Either way, the Portuguese Bend Beach Club offers a unique setting to enjoy the Palos Verdes lifestyle.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle- Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Inventory Is Low and Demand is High--Sales are Sizzling. Now Is a Smart Time to Sell Your Palos Verdes Home

2011-07-05T15:14:00.000-07:00

There are currently only 280 single family homes for sale on the Palos Verdes Peninsula, and there are 109 single family homes in escrow. Sales are sizzling hot and inventory is drying up. If you're contemplating selling your Palos Verdes home, now might be the perfect time to do so. Buyers are hungry for new inventory and savvy agents check the hotsheet several times a day in hopes of finding a new listing that will meet the criteria of their buyers.

Moments ago a new listing hit the market, and within minutes one of my buyers emailed me asking if she could see the house. It's true buyers are smart and savvy and will not overpay, but let a prime property hit the market and multiple offers are a real possibility.

If you would like some in-depth information and help in assessing whether the time is right so sell your Palos Verdes property, I can assist you. Whether your home is market ready or in need of some serious pre-sale preparation time, Norma Toering & Team will work with you to accomplish your real estate goals.

Inventory is low, demand is high--sales are sizzling. Now is a smart time to sell your Palos Verdes home!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle- Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Terranea Resort--Second Home Heaven! Beach Casitas and Villas at the Ocean's Edge

2011-04-20T12:00:00.000-07:00

Terranea Resort in Rancho Palos Verdes is one of the few places on the Palos Verdes Peninsula where you can watch the sunrise and the sunset with a turn of the head. Located on a point that juts out into the Pacific the sweeping views to the east and west are panoramic and nothing less than stunning. If you're looking for a second home in Southern California and less than one hour from the urban metropolis of Los Angeles Terranea Resort is the perfect solution.

Terranea opened approximately 18 months ago and is already considered a wold class destination resort. Offering golf, spa, numerous restaurants, a first class hotel and an unforgettable setting with up close and personal views of the Pacific Ocean and Catalina Island, the 100 plus acre site is laced with trails, several pools and an understated lobby and veranda.

The casitas and villas are sold fully furnished and owners may stay at their unit for up to 90 days each year. The rest of the time the unit must be rented per Coastal Commission requirements specifying the public have access to this historical and unique coastal location.

For more information about owning a piece of Terranea Resort contact Norma Toering & Team. We'll help you realize your dream of owning a beach home along the coast of the Palos Verdes Peninsula.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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How is the Palos Verdes High End Luxury Market Holding Up in 2011?

2011-04-20T11:49:00.000-07:00

Palos Verdes luxury home sales are on the rise. 2011 is off to a promising start for high-end homes on "The Hill" as 22 properties priced over $2,000,000 closed escrow as of April 14.

2010 produced 72 sales over $2,000,000 in Palos Verdes single family homes.

In 2009 41 Palos Verdes homes sold for over $2,000,000.

2008 posted 60 sales over $2,000,000.

In 2007 101 homes sold in the same price range.

103 homes sold in 2006 in the same category.

2005 saw 112 sales in the $2,000,000 and up price range.

In 2004 the number of sales over 2M totaled 80.

In 2003, before the market took off for the unsustainable double digit annual increases, the number of sales in the 2M+ price range was 62.

So what do the numbers tell us? We're back to normal. The bubble broke, but the Palos Verdes real estate market did not crash, it simply reduced its rate of absorption to the pre-bubble level and posted a moderate decline in prices.

The ups and downs of market cycles will always be with us, but statistics are built one sale at a time. Your property can join the sold statistics with the right experience, expertise and exposure. If you would like to know what your home is worth in today's market, Norma Toering & Team provides a FREE value analysis.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Mira Catalina RPV - Home Sales March 2011

2011-04-20T11:46:00.000-07:00

Mira Catalina neighborhood real estate and home sales report for Rancho Palos Verdes, CA in March, 2011.

Homes for sale: 5 Homes are for sale in the Mira Catalina section of RPV priced from $899,000 to $1,699,000.

Pending sales: 2 Houses are in escrow priced from $895,000 to $899,000.

March sales: 2 Homes sold in March 2011:

Address	Sale Price	Bed/Bath	Sq. Feet.	Lot	Year Built	Days Listed
3618 Greve Dr	$880,000	4/3	2092	9736	1964	145
4 Avenida De Camelia	$1,495,000	4/4	4153	29686	1990	1

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Views in Palos Verdes

2011-03-08T15:50:00.001-08:00

Palos Verdes has many views ranging from ocean views, Catalina Island views, LA harbor views, canyon and trees views, city views, the "Queen's necklace" view of the beach cities and more.

Find our latest PV views on Facebook - Palos Verdes View Photo Album

Palos Verdes Estates

Palos Verdes Beach Club - PVE

Lunada Bay - PVE

"The Queen's Necklace" view - PVE looking at the beach cities.

Rolling Hills

From Crest Road looking to PVDS - Rolling Hills

View of harbor and city - Rolling Hills

View of city and mountains - Rolling Hills

Rolling Hills Estates

Canyons and hills - Rolling Hills Estates

Tree lined hills - Rolling Hills Estates

Nature preserve and riding trails - Rolling Hills Estates

Homes in the trees - Rolling Hills Estates

Rancho Palos Verdes

Pool with an ocean view - Rancho Palos Verdes

Catalina Island from Mira Catalina - Rancho Palos Verdes

View from Hawthorne Blvd - Rancho Palos Verdes

View from the Nuvola Court area - Rancho Palos Verdes

View from Forrestal - Rancho Palos Verdes

Overlooking Trump National Golf Course - Rancho Palos Verdes

Home with a view - Rancho Palos Verdes

Overlooking Portuguese Bend Beach Club - Rancho Palos Verdes

Sunset at Terranea Resort - Rancho Palos Verdes

View from a home above Hawthorne Blvd - Rancho Palos Verdes

View from a home above Palos Verdes Dr. S. - Rancho Palos Verdes

City view from home above Marymount - Rancho Palos Verdes

Home with a harbor and city view above Miraleste Dr. - Rancho Palos Verdes

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Luxury Homes - Sales Report Feb 2011

2011-03-07T16:00:00.000-08:00

Six luxury homes priced over $2,000,000 sold in Palos Verdes during the month of February. The most expensive Palos Verdes home sales in February 2011 ranged from $2,360,000 to $4,999,000. Four of the sales were in Palos Verdes Estates, the other two were in Rancho Palos Verdes.

1616 Paseo Del Mar, Palos Verdes Estates: Sale Price: $2,675,000

1424 Via Castilla, Palos Verdes Estates: Sale Price--$3,500,000

1959 Via Visalia, Palos Verdes Estates: Sale Price--$2,360,000

936 Paseo La Cresta, Palos Verdes Estates: Sale Price--$2,900,000

2923 Vista Del Mar, Rancho Palos Verdes: Sale Price--$4,999,000

2980 Twin Harbors View Drive, Rancho Palos Verdes: Sale Price--$3,200,000

For more information on luxury homes on the Palos Verdes Peninsula contact Norma Toering & Team.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Walk with me on the Trump hiking trails in Palos Verdes - Norma Toering

2011-02-17T17:22:00.000-08:00

I'm a frequent walker on the trails at Trump National Golf Course in Rancho Palos Verdes. It is a stunning place to walk--no street noise, no exhaust fumes from automobiles and lots of wide open spaces. It is a walker's paradise. The trails are surrounded with natural vegetation and the roar of the Pacific as it meets the shoreline below the bluffs is a constant reminder this is a coastal community.

I'm also working on video blogging. Each morning I stop at a particularly gorgeous spot on my walk and make at least one practice video. I'm a novice at this and some of them are hysterical as I fumble for the right word and try to flip the camera with the seasoned finesse of the pro I hope to become. Bear with me, they will get better.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Homes In Palos Verdes - Palos Verdes Agent Home
Palos Verdes Horse Property - Palos Verdes Property Blog
Needles River Front Land - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos
Palos Verdes Luxury Homes - Beach Cities Homes

The PV Drive South Area - The "Resort" area of Palos Verdes

2011-02-17T17:19:00.000-08:00

Palos Verdes Drive South is where all the action is--both the good and not so good. Let me explain.

Palos Verdes Drive South snakes along the resort side of the Palos Verdes Peninsula. Donald Trump recognizes a beautiful area when he sees it; Palos Verdes Drive South is home to Trump National Golf Course and Trump National Estates (featuring homes up to $12,000,000). It is also home to the world famous Terrenea Resort complete with villas, casitas and world class restaurants.

It is also home to one of the largest active landslides in the United States. I know, scary stuff, but it does not affect the entire area and much has been done to stabilize the area. A few neighborhoods are in the moratorium but most of the Palos Verdes Drive South area is stable.

I first discovered the neighborhood because I love to walk the trails that lace the area. The views are some of the best on the Palos Verdes Peninsula and hiking the trails is a great way to exercise and enjoy the natural beauty of the area.

Home prices in the Palos Verdes Drive South neighborhood currently range from a low of $799,000 to a high of $12,000,000. The area also has condos available with a price range from $435,000 to $888,000. Terranea Resort is offering villas and casitas in the $2,500,000 price range.

Oh, and I should mention the weather, right? After all that is what we are famous for. Palos Verdes Drive South has one of the most desirable climates on the Palos Verdes Peninsula. The ocean breezes keep it cool in the summer and the coastal effect keeps it mild in the winter too. If you're looking for some of that famous Southern California sunshine, you'll be happy you discovered Palos Verdes Drive South.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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When It Comes to Pricing Zeros Trump Nines - Trump National Golf Course Homes

2011-02-07T15:02:00.000-08:00

When it comes to pricing your home lots of zeros are better than all those nines of yesterday. It is time to throw out the old school psychology of listing a $2,000,000 house for $1,999,999. Why? Today's home buyers begin their search online and every search site has a space to type in the desired price range. If a prospective buyer's price point is $2,000,000 to $2,500,000 a seller may miss a $2,000,000 buyer by $1.00. Yes, I know, that is an extreme example but it is a real possibility.

Buyers rarely search below their target price range. Sure, a few do, but most will not. If a buyer's comfort level is $700,000 to $750,000, those are the numbers he enters in his home search. A buyer's first point of contact with your home will most likely be online (over 90% begin their search on the web) or via listings sent to him by his agent. Pricing still has a psychological ploy to play in generating maximum number of eyeballs on a property.

Be an early adopter ( An early adopter is a person who embraces new technology before most other people do.) and embrace the "goose egg" approach to pricing a property.

It is time to lose the nines and love the zeros when it comes to pricing your house.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Drive West - Homes Sales Dec. 2010

2011-02-07T15:01:00.000-08:00

Palos Verdes Drive West neighborhood real estate and home sales report for the city of Rancho Palos Verdes, CA in December 2010.

Homes for sale: 10 Homes are listed for sale in the PV Drive West area priced from $1,149,000 to $7,900,000.

Pending sales: 4 Houses are in escrow priced from $850,000 to $2,999,999.

December sales: One home sold in Dec. 2010:

70 Via Del Cielo $3,000,000 4 beds/5 bath 2000yr.blt. | 4,183 sq.ft. | 21,963 lot

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Norma Toering inducted to REMAX Hall of Fame!

2011-02-07T15:00:00.000-08:00

Dear Norma,

The officers of RE/MAX, LLC would like to extend our sincere congratulations on your induction into one of our most prestigious clubs: the RE/MAX Hall of Fame.

Your consistent productivity, year after year, has propelled you into an elite group of real estate professionals--the best of the best.

We look forward to many more years of your continued success. You are a vitial part of the RE/MAX family and we couldn't be happier for you.

Sincerely,

Margaret Kelly, CEO

RE/MAX, LLC

If you're thinking of selling or buying on the Palos Verdes Peninsula or in the surrounding cities give Norma Toering & Team a call. Put our experience, expertise and excellence to work for you!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Desperately Seeking Comfortable Hunting Shoes

2011-02-07T14:57:00.000-08:00

I spent most of the daylight hours of the past weekend house hunting with three different clients. We traipsed up long driveways, up stairs and back down again, we took our shoes off and put them back on time after time. I learned the hard way, back in my rookie days, to forget about foot fashion when shopping for a home. Leave the stilettos on the shelf and slip into a comfortable pair of flats or loafers. Think slip on, slip off.

Whether you're a bike riding aficionado with heavy duty boots or a hip guy with high-tops. this is a gender free suggestion--remember, slip on, slip off. Otherwise, you will spend time trying to remove the footwear and more time putting them back on your weary feet. Shoe covers are usually provided, and sometimes a chair but a shoe horn--never. You're on your own with the repeated off and on procedure.

Carry a spare pair in the trunk. Midway through Saturday's showing a savvy and prepared house hunter made the switch from high fashion boots to high comfort flats. The wrong shoe can derail the best laid house hunting plans. Remember, slip on, slip off and eliminate sore feet and blisters from the house hunting agenda.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Drive South - Nov. 2010 Home Sales Report

2011-01-12T16:06:00.001-08:00

PV Drive South neighborhood real estate and home sales report for the city of Rancho Palos Verdes, CA in November 2010.

Active listings: 16 Homes are listed for sale priced from $839,000 to $12,000,000.

Pending sales: 6 Houses are in escrow around Palos Verdes Drive South priced from $835,000 to $3,400,000.

November sales: 2 Homes sold in November 2010:

Dauntless Dr $745,000
Channelview Ct $840,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Homes In Palos Verdes - Palos Verdes Agent Home
Palos Verdes Horse Property - Palos Verdes Property Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos
Palos Verdes Luxury Homes - Beach Cities Homes

Needles River Front Land

PV Drive West Home Sales Report - November 2010

2011-01-12T16:04:00.000-08:00

PV Drive West neighborhood real estate and home sales report for the city of Rancho Palos Verdes, CA in November 2010.

Active listings: 9 Homes are listed for sale in the PVDW area priced from $1,029,000 to $7,900,000.

Pending sales: One house is in escrow priced at $850,000.

November sales: No homes sold in Nov. 2010.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Needles River Front Land

Your Home Is Staged Whether You Know It or Not

2010-12-29T15:02:00.000-08:00

Forget about fifteen minutes of fame. The average home showing takes less than ten minutes. If your home captures the heart and soul of the prospective buyers they may stay longer. If not, they are gone in under five minutes. Yes, your house is staged whether you know it or not.

The image of your home is frozen in time in the buyer's mind. Images of the style, the condition, the smell, the amenities and the ambiance are locked away for future consideration or rejection. These components make up the overall "staging" of your property at the time of each showing.

When you grant permission to show your home you are issuing tickets to a show. Consider it your personal Broadway production. Just as a theatre patron expects to be entertained and have an unforgettable experience, the prospective buyer wants to be "moved" by a house they hope to call home. Your job is to set the stage, engage their senses and make the value of your home visible on every level.

Are you ready for your close up? Whether you pay for professional staging or not, your home is the stage and the prospective buyers are the players. You get one showing to make them want more. Give it your best shot the first time.

All the world's a stage,
And all the men and women merely players...Shakespeare

For advice on how to make every showing unforgettable contact Norma Toering & Team.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Needles River Front Land

Palos Verdes Home Sales 2010

2010-12-21T15:21:00.000-08:00

Palos Verdes Home sales in 2010 ranged from a high of $5,500,000 (Rolling Hills sale) to a low of $450,000 (Eastview area in Rancho Palos Verdes). The Palos Verdes Peninsula offers a wide selection of homes in various styles and price ranges.

Here is the breakdown for sold inventory of Palos Verdes homes for 2010:

Sales over $5,000,000: 2 Single Family Home Sales

Sale price from $2,000,000 to $4,999,999: 68 Single Family Home Sales

Sales from $1,000,000 to $2,000,000: 256 Single Family Sales

Sales under $1,000,000: 190 Single Family Home Sales

Total Single Family Palos Verdes Home Sales YTD: 506 homes sold on the Palos Verdes Peninsula.

Sales are up and inventory is low in Palos Verdes. For a Free e-market analysis of your property contact Norma Toering & Team. Find out the value of your property as the sun sets on the first decade of the 21st Century.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Needles River Front Land

Selling Your Palos Verdes Peninsula Home --Three Phases

2010-12-02T11:39:00.001-08:00

The move from one residence to another does not happen overnight; it takes planning, preparation and time to execute the three phases of selling one home and purchasing a replacement property.

Phase One: Once the decision to sell is made it is time for the pre-sale planning and property preparation to begin. This is the time to engage the services of a real estate professional. An agent can provide you with recent sales and current listings in your neighborhood. It is important to know the neighborhood real estate comps for precision pricing of your property. If your price is too high it will languish on the market for months. On the other hand, you deserve to receive the highest value the current market will support. An agent will review recent market activity with you and based on the condition and location of your home will offer a suggested list price.

The agent will also offer suggestions on improvements to increase the appeal and value of your property. Fresh paint and new carpet are transformational changes. Clean windows are a more subtle improvement but will add additional light and sparkle to every room. A room by room approach will create a pre-sale "To Do" list that will not only please prospective buyers but maximize the desirability and value of your home.

Phase Two: Marketing your home begins the moment it is listed on the MLS and your agent sends it viral on the Internet. It takes new techie knowledge and old school tired and true methods to sell a house in today's slower market. A savvy agent will employ a variety of marketing tools to ensure all prospective buyers are reached one way or another.

Phase Two requires excellent communication and negotiations skills. Follow up and follow through will increase the likelihood your property will sell faster and at a higher price.

Phase Three: Once an offer is accepted it is time to open escrow and begin the inspections and complete all disclosures and a plethora of California Association of Realtors requirements. From rooftop to basement your home will be poked and prodded with each discovery being documented.

The escrow period is typically 30 to 60 days but may vary from sale to sale depending upon circumstances of the parties involved in the sale and purchase. As the sale nears completion the seller must finalize moving arrangements. If another home is being purchased the closings must be fine tuned to coincide and often requires some amazing juggling on behalf of agents, seller and buyer.

When selecting an agent to guide you through the process of selling make sure it is a professional you trust and is responsive to your requests and questions. It takes several months to move from the idea of moving to the completion of the sale. I like to tell my clients, "I am your new best friend for the next few months, and I'll do my best to make sure we enjoy our time together."

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Homes In Palos Verdes - Palos Verdes Realtor Home
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Needles CA River Front Land

High-end Home Expectations on the Palos Verdes Hill

2010-12-01T11:49:00.000-08:00

I previewed four Palos Verdes Peninsula luxury homes yesterday. The price of the homes ranged from $2,400,000 to $3,800,000 and I noticed several common threads connecting the amenities offered in the luxury properties:

1) Outdoor Living Areas - Complete with pools, spas, cabanas, seating area focused around fireplace or fire-pit and a high quality outdoor kitchen. This is Southern California and outdoor living is a year-round possibility.

2) Oversize Gourmet Kitchen - With top of the line energy efficient appliances, walk-in pantry, large center island, causal dining area and seating for guests who enjoy congregating in the kitchen to watch (or help) the cook prepare the food.

3) Oversize Master Bedroom and Bath Suites - The trend is to create a spa experience at home with a luxurious retreat where the homeowner can go to retreat, refresh and rejuvenate body, mind and soul. Think multihead showers, whirlpool tub and towel warming racks. A meditation room, a library or a sitting room with a view and a very luxurious bed complete the high quality luxury hotel feel to these at home bedrooms.

4) In Home Office Headquarters - A place for the homeowners to manage the household and their busy lives now dependent upon the Internet and wireless communication. A command central of sorts for living life in the 21st century.

5) High Tech at Home - Superior surround sound theatre and music throughout the home is expected as the home theatre experience rivals that of the local movie complex. Other home techie trends are sensored faucets, room darkening shades that open and close with the touch of a button (for movie watching or sleeping in) and fail-safe security systems.

Luxury home buyers on the Palos Verdes Hill expect their homes to keep pace with their changing needs and improve their quality of life.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Colorado River Front Property

So you want to live in Palos Verdes?

2010-11-09T12:08:00.001-08:00

Reasons People Want to Live in Palos Verdes:

1) Few places on earth are more beautiful.

2) The Palos Verdes Unified School District is one of the top public school systems in California.

3) It is located in Los Angeles County, and is close to all the urban conveniences, but is a coastal retreat far from the hustle and bustle of city life.

4) The climate provides many days of sunshine, a few of rain, but snow is a rare occurrence.

5) The coastal location provides easy access to beaches. The Palm Springs desert towns are an easy 2.5 hour drive and ditto for the mountain ski destinations.

6) Housing choices run the gamut from condos to grand estate homes. There are beachy cottages, rambling equestrian estates and hillside villas. Prices range from condos under $200,000 to multi-million dollar mansions. No matter what your budget there is a Palos Verdes home for you. The views are enjoyed by all.

If you're considering a move to one of the four Palos Verdes Peninsula Cities, it would be my pleasure to arrange a tour of the area.

If you're looking for a resort like area to call home, the Palos Verdes Peninsula is calling your name.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Colorado River Front Property - Beach Cities Blog

Palos Verdes Luxury Homes - What is selling in 2010?

2010-10-27T11:59:00.001-07:00

Breakdown of luxury 2010 sales by Palos Verdes Peninsula cities:

Palos Verdes Estates: Seven homes priced over $3,00,0000 closed escrow to date. The most expensive home sold for $5,000,000.

Rolling Hills: Two homes priced over $3,000,000 closed escrow to date. The most expensive home sold for $5,500,000.

Rolling Hills Estates: No homes priced over $3,000,000 sold to date.

Rancho Palos Verdes: Five homes priced over $3,000,000 closed escrow to date. The most expensive home sold for $4,500,000.

14 Homes priced over $3,000,000 sold on the Palos Verdes Peninsula to date in 2010. If you're searching for a luxury home now is a great time to explore the possibility of living in Palos Verdes. There are 45 single family homes priced over $3,000,000 currently for sale.

Whether your style is a rambling ranch, sleek modern or Mediterranean there is a home and view waiting for you in Palos Verdes.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Colorado River Front Property

Palos Verdes Drive West - Home Sales Aug 2010

2010-09-30T08:20:00.000-07:00

Palos Verdes Drive West neighborhood real estate and home sales report for the Rancho Palos Verdes, CA in August 2010.

Active listings: 12 Homes are for sale in the PVDW area priced from $1,279,500 to $7,900,000.

Pending sales: 6 Houses are in escrow priced from $888,808 to $2,999,900.

August sales: No homes closed escrow during August 2010.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Colorado River Front Property

Palos Verdes Drive South - Aug 2010 Home Sales Report

2010-09-17T11:32:00.000-07:00

Palos Verdes Drive South neighborhood real estate and home sales report for the Rancho Palos Verdes, CA in August 2010.

Active listings: 19 Homes are listed for sale priced from $896,000 to $12,000,000.

Pending sales: 8 Homes are in escrow in the PVDS area priced from $798,000 to $4,999,999.

August sales: 3 Homes sold in August 2010:

Vigilance Dr $999,000
Nuvola Ct $2,070,000
Sea Cove Dr $3,440,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Needles Land for Sale on the Colorado River

Smart Buys in Palos Verdes

2010-09-02T10:58:00.000-07:00

You do not have to give up your dream house; you may simply need to adjust the dream. This week's smart buy on the Palos Verdes Peninsula offers all this and more:

1) Coastal View

2) Private Setting

3) Pool

4) Gorgeous Grounds

5) Gated Estate

6) Income

7) Easy Freeway Access

8) Timeless Design

Offered at $2,500,000 this Mediterranean beauty offers a pool house, a second single family house on the property, lush landscaping, several patios and balconies overlooking views of the Pacific Ocean. It is Norma Toering and Team's choice for this week's Smart Buy in Palos Verdes. Call to arrange your private tour.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Selling Palos Verdes Homes - Palos Verdes Agent Home
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Land for Sale on the Colorado River

2017 Suana Dr - Mid-Century Modern in Palos Verdes, CA

2010-09-01T11:17:00.000-07:00

Join me at my open house August 28 & 29, 2010 at 2017 Suana Drive, Rancho Palos Verdes. The property will be open each day from 1:00 to 4:00 PM.

It is a brand new listing and this is the first open house; don't miss seeing this Mid-Century Modern with a view extending from San Pedro to Long Beach and beyond.

The home has three bedrooms, two baths and a view from nearly every room!

List Price: $849,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Needles River Front Land for Sale

Palos Verdes Buyer's Question: Where Can I Take My Kids to the Beach?

2010-08-13T13:35:00.000-07:00

Yesterday a prospective buyer asked, "Do you have sandy beaches in this area?" It was a fair question since we were looking at properties in Palos Verdes, an area famous for its breathtaking beauty and majestic cliffs towering above the blue Pacific, but not noted for sand filled beaches.

My resounding reply was, "Of course we do!" The Beach Cities offers some of the best beaches in Southern California. Torrance Beach is a local favorite and RAT Beach is a delightful beach at the end of Torrance Beach with access from Malaga Cove.

It's summer and beach questions are to be expected. Check out these photos of beach destinations in the South Bay.

There are bike paths too!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Listing a Palos Verdes Home - Sell My Oceanfront Home
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Palos Verdes and Beach Cities Luxury Coastal Estates - Over $5 Million

2010-08-04T16:30:00.001-07:00

I decided to take a mid-year pulse on the high-end luxury home market in Palos Verdes and the Beach Cities of Redondo Beach, Hermosa Beach and Manhattan Beach.

Beach Cities:
Manhattan Beach has 7 homes currently for sale priced over $5,000,000. Hermosa Beach has 14 properties for sale above the $5,000,000 mark. Redondo Beach has only 1 property in the $5,000,000 and up price range.

Palos Verdes:
Palos Verdes Estates has 6 properties listed for more than $5,000,000. Rolling Hills has 5 homes listed in the $5M and up price range. Rancho Palos Verdes contributes 8 homes to the $5M and up price category.

2010 Sales in the $5,000,000 and up price range are as follows: Manhattan Beach: 5 Sales ranging in price from $5,250,000 to $7,500,000. Hermosa Beach: 2 Sales ranging from $5,175,000 to $5,800,000. Rolling Hills: 1 Sale at $5,500,000.

Contact Norma Toering and Team for more information on luxury living on the Palos Verdes Peninsula or the Beach Cities.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Homes Blog - Rancho Palos Verdes Homes
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Seller Tip: How To Know When and How Much To Reduce Your Price

2010-08-04T16:14:00.001-07:00

I requested a price reduction on a listing last week. The seller wants to know how much she should reduce the price to still be enough to generate an offer but not take unnecessary cash from her pile on the closing table. She also wants to know how I know it is time for a price reduction. Fair questions and very typical ones for every seller contemplating a price reduction.

My first response was to remind her she chose to list it at the highest dollar of the suggested listing price range I provided based upon recent sales in her neighborhood. True, her property boasts a long list of improvements and shows like a near model home, but improvements rarely return dollar for dollar. Next, we discussed the number of showings and the fact we have passed the first thirty days without so much as a nibble. Lots of compliments and kudos for terrific upgrades, but no offers.

I do not have a set formula for price reductions. I do keep a close eye on market activity in the area and monitor showings for feedback. My initial goal is neither to overprice or under-price a listing; the goal is to price it at market value. We are close but not quite on the money. Sometimes a small adjustment will move a property into the "sell zone" before staleness sets in and lowball offers emerge.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Homes Listed and Sold - First Half of 2010 - All PV

2010-08-04T16:13:00.001-07:00

Neighborhood	Available	In Escrow	Sold 1-6/2010
All of Palos Verdes	264	102	261
Lunada Bay	41	5	30
Monte Malaga	23	6	16
Malaga Cove	13	7	12
Valmonte	13	8	25
Palos Verdes Dr. North	26	13	26
Rolling Hills	16	2	11
Palos Verdes Dr. East	13	9	20
Mira Catalina	5	4	8
Palos Verdes Dr. South	22	5	7
Palos Verdes Dr. West	20	1	7
Country Club	16	5	8
La Cresta	10	4	16
Los Verdes	9	11	13
Crest	8	2	11
Peninsula Center	12	2	8
Silver Spur	7	8	17
Eastview	9	10	26

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Oceanfront Community: Luxury Living in Rancho Palos Verdes

2010-06-09T11:41:00.000-07:00

Oceanfront is a high-end subdivision in Rancho Palos Verdes consisting of 79 single-family homes. The site is located at the intersection of PV Drive West and Hawthorne Blvd. Construction began in 1998. The 132-acre site enjoys phenomenal ocean views. Over 70-acres were dedicated to the City of Rancho Palos Verdes as open space including at least 30 acres of coastal sage scrub habitat. Pedestrian walkways, bicycle trails and public parking are available.

Multi-million dollar homes line Via Del Cielo, Paseo De La Luz and other streets in the development. Most of the homes are two levels and many have a pool, view and other luxury amenities one expects at this price point.

There are currently eight homes for sale in Oceanfront. The least expensive home is listed for $3,199,900. The most expensive is listed for $7,900,000.

The developer, Capital Pacific Holdings, Inc., sold a section of the development to another developer and Calle Viento and Pacifica Del Mar contribute a lovely addition of smaller homes (mostly single level) with a price range a bit lower than the rest of Oceanfront.

If you are in the market for a high-end coastal home in Rancho Palos Verdes Oceanfront is an excellent place to begin your search. The location offers shopping and restaurants in the nearby Golden Cove Shopping Center. Trader Joes recently opened a new store in the center and the patio at Starbuck's offers panoramic views.

Homeowners at Oceanfront can watch whales and dolphin frolic offshore. A lighthouse is part of the local landscape and the world-class resort, Terranea, is five minutes away. If you are looking for location, luxury and coastal living Oceanfront is a lovely place to call home.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Coastline - Photo

2010-06-09T11:39:00.000-07:00

Sometimes the view is too beautiful for words! I snapped this photo on a picture-perfect Southern California day. The Palos Verdes Peninsula is famous for its bluffs and abundant ocean view properties, and of course the weather is one of the best selling features of the area.

A photo does make words unnecessary, and I hope it makes you want to experience the Palos Verdes lifestyle and enjoy all the amenities the area has to offer.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Lunada Bay Home Sales - April 2010

2010-06-09T11:37:00.000-07:00

Lunada Bay neighborhood real estate and home sales report for Palos Verdes Estates, CA in May 2010.

Active listings: 36 Homes are for sale in Lunada Bay priced from $999,999 to $5,200,000.

Pending sales: 13 Homes are in escrow priced from $1,029,000 to $1,725,000.

May sales: 10 Houses sold in Lunada Bay, PVE during May 2010:

Via Pacheco $1,100,000
Via Sanchez $1,150,000
Via Carrillo $1,502,000
Via Pacheco $1,550,000
Via Coronel $1,585,000
Avenida Mirola $1,750,000
Via Victoria $1,800,000
Paseo Del Mar $2,000,000
Chelsea Rd $2,250,000
Paseo Del Mar $2,770,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Rolling Hills Real Estate Blog

Palos Verdes Drive South - April 2010 Home Sales

2010-05-14T12:40:00.000-07:00

Palos Verdes Drive South neighborhood real estate and home sales report for Rancho Palos Verdes, CA in April 2010.

Active listings: 21 Homes are currently for sale around the PV Drive South area priced from $910,000 to $4,999,999.

Pending sales: 3 Homes are in escrow priced from $899,000 to $1,499,000.

April sales: One homes sold in April 2010 in PVDS:

Conqueror Dr $865,000

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Homes Blog - Palos Verdes Houses
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Los Angeles Photographer - Palos Verdes Homes Videos

What to Expect When You're Searching for a Coastal Home

2010-05-01T11:53:00.000-07:00

Last week my business partner and I showed coastal property to an inland client. The first surprise (make that shock) was the price of a Palos Verdes coastal home with a view. Much to her chagrin the price tags of coastal homes clearly reflect they are not "on sale."

Due to the coastal location coupled with a sought-after public school system values have not plummeted on the Palos Verdes Peninsula. A quick review of recent sales the first quarter of 2010 show prices are up 4% compared to March 2009. Distressed property makes up a very small percentage of listings on the Palos Verdes Peninsula and has little to no impact on local values.

Since coastal homes are close to or front on the water, they often have a noticeable dampness or ocean odor (and this was a very wet winter), especially in any below grade or enclosed areas. If you're not accustomed to the ocean mist and fog this may be a disconcerting discovery. Once the rainy seasons ends the smell usually disappears when the Southern California sun returns for the days of summer.

A dehumidifier is a great way to counter unwanted dampness. Sometimes simply opening the windows and letting fresh air work its magic is sufficient to banish stale damp air. If you think the problem may require the help of a professional there are mold and mildew expects who can access your situation and suggest ways to remedy it.

Palos Verdes coastal homes range in price from under $1,000,000 to well over $10,000,000. The average price of Palos Verdes homes currently for sale is just over $2,000,000. With 17 major neighborhoods and many more micro areas there are many styles and locations to choose from.

From hillside villas to equestrian estates Palos Verdes is a coastal community with much to offer. Views range from peek-a-boo to panoramic. The proximity to the ocean's edge is never far and generally speaking, the closer to the water you buy the more it will cost.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Homes Blog - Rolling Hills Homes
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Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes

Palos Verdes Photography - Palos Verdes Videos

Five Ways to Add Views to Your Home - Palos Verdes, CA

2010-04-06T11:37:00.000-07:00

The Palos Verdes Coastal area is graced with some of the most magnificent views in the world. Since it is a peninsula it is surrounded on three sides with water and a large number of waterfront and bluff-top homes. The Palos Verdes Peninsula is also a small mountain and the hillsides are lined with view homes.

A view is a desirable thing to have; it also increases the value of your property. It is impossible to install an ocean view, but I've seen some creative ways to "add a view" to a property. Let's start with the obvious:

1. Trim and prune overgrown shrubs and trees. It is not unusual for a peek-a-boo view to grow into so much more with some artful trimming and pruning. A client once laced several large trees to discover a distant water view.

2. Turn a corner of your backyard into a garden with a fountain, seating area and your own mini resort.

3. Focus all eyes on the pool. Enhance the pool deck with a cabana, potted plants, dramatic lighting and inviting lounge chairs. What's not to love about vacationing at home?

4. Add a piece or two of interesting yard art. An interesting sculpture can transform a ho-hum space into cutting edge chic upon installation.

5. Refresh or start over with new landscaping. In my opinion, landscape architects are undervalued. The right green-scape and hard-scape can change the appearance and appeal of an ordinary house into an unforgettable home. Who needs the ocean to look at when everywhere the eyes turns there is a new delight to discover and enjoy?

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Rolling Hills Homes Blog - Rolling Hills Houses
RH Horse Property - Palos Verdes Blog
Coachella Valley Lots for Sale - View Homes in Rolling Hills
Palos Verdes Coastal Estates - Rolling Hills Homes
Rolling Hills Photographer - Palos Verdes Property Videos

Malaga Cove Home Sales - March 2010 - Palos Verdes Estates

2010-04-02T13:35:00.000-07:00

Malaga Cove neighborhood real estate and home sales report for Palos Verdes Estates, CA in March 2010.

Active listings: 12 Homes are available for sale in Malaga Cove, PVE priced from $1,750,000 to $13,775,000.

Pending sales: 8 Houses are in escrow priced from $998,000 to $2,496,000.

March sales: No homes closed escrow in Malaga Cove during March 2010.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Coachella Valley Lots for Sale - View Homes in Palos Verdes
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Long Beach Photographer - Palos Verdes Property Videos

A lender's love is oh so conditional.

2010-03-01T16:07:00.001-08:00

You had him at hello. It started with grand promises and tantalizing interest rates. It was a whirlwind affair with documents flying around the globe. Your Big Three resume carried recognition and clout. He felt comfortable with your world renowned brand. Now he is just another would-be borrower with a broken heart.

What went wrong? Was it because yours was one of those Internet clandestine affairs and you never had a face to face? Breaking up was easy via email. There were a few last minute torrid phone calls but you stood firm and called it off the day loan approval was due.

A good loan is hard to find and even harder to close these days. It takes a borrower with a resilient heart to stay in the game. The phrase "I'm sorry it didn't work out for you" was his cue to move on (this time to a local lender) and seek a new loan, a new lender and continue forward with his pursuit for a place to call home.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Rancho PV Horse Property - Rancho Palos Verdes Listing Agent
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes View Homes - 90275 Homes
Palos Verdes Photography - Palos Verdes, California Videos

Mudslides, Landslides and Other Perilous Perks of Life in California

2010-02-08T16:46:00.000-08:00

Breaking news is playing in the background as I write this blog post. 41 Homes were either destroyed or damaged by mudslides overnight north of Los Angeles. The local hills were charred from recent forest fires and last night's heavy rainfall was sufficient to trigger a flow of mud into the community below the barren hills.

When building or purchasing a home it is important to be familiar with local conditions and past history of landslides and other acts of nature. Hillside homes are common throughout the Greater Los Angeles Area. The Palos Verdes Peninsula consists of hills, canyons and cliffs. I currently have a hillside home listed for sale in Rancho Palos Verdes. Thanks to the forethought of the City, adequate drainage systems lace the hillsides and mudslides are rare.

If you are considering purchasing a hillside home, investigate, inspect and engage professionals to ensure proper precaustions are in place to keep your home free of mudslides. The rains will come, but with ample planning the water and mud will flow through the designed channels, not through your home.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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The Estates at Trump National: Homes in Palos Verdes

2010-01-04T10:41:00.000-08:00

The Pacific Ocean is your never-ending back yard, and Trump National Golf Course is steps away from your front door. If you thought the Estates at Trump National were out of your league, you might want to re-visit the idea.

Each home was recently reduced $500,000; the new prices are far below the original asking prices. In 2005 these spectacular homes came on the market priced from $5,200,000 to $6,950,000. Today the price spread is $3,400,000 to $4,999,999. What a difference a recession makes.

Yesterday I spent a balmy Southern California afternoon showing prospective buyers these incredible ocean view homes. Prospective buyers were impressed with the location, style and price, and with their individual styles each home brought expressions of delightful surprise. The interiors are elegantly staged, golf privileges are included as well as concierge services.

With some of the best views on the Palos Verdes Peninsula and new, attention grabbing prices, perhaps it's time to schedule a private tour to see what everyone is talking about.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Lunada Bay, Palos Verdes Estates - Home Sales Dec. 2009

2010-01-04T10:35:00.000-08:00

Lunada Bay neighborhood real estate and home sales report for Palos Verdes Estates, CA in December 2009.

Active listings: 24 Homes are currently for sale in Lunada Bay priced from $1,080,000 to $3,495,000.

Pending sales: 8 Properties are currently in escrow priced from $1,160,000 to $2,995,000.

December sales: 4 Homes sold in December 2009:

Via Coronel $1,040,000
Chelsea Rd $1,100,000
Via Carrillo $1,400,000
Via Estudillo $1,565,000

All Lunada Bay, Palos Verdes Estates real estate and home sales reports.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Photography

La Cresta Neighborhood - Nov 2009 Real Estate Report

2009-12-21T11:57:00.000-08:00

La Cresta neighborhood real estate and home sales report for Rancho Palos Verdes, CA in Novemeber 2009.

Active listings: 9 Homes are currently for sale in the La Cresta neighborhood of RPV priced from $995,000 to $2,880,000.

Pending sales: 4 Houses are in escrow priced from $949,000 to $2,699,000.

November sales: 2 Homes sold in November 2009:

Pepper Tree Ln $945,000
Clear Vista Dr $1,423,000

All La Cresta, Rancho Palos Verdes real estate and home sales reports.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Housing Market - 2010 Predictions

2009-12-21T11:56:00.000-08:00

Jumbo loans are back. Can movement in the high-end luxury home market be far behind? Savvy buyers will continue to cherry-pick the best of the best deals, but with jumbo loans easier to obtain my prediction is the $2,000,000 and up homes will play an active role in the Palos Verdes real estate market in 2010.

How low will they go? The competition is fierce for prime entry-level homes in Palos Verdes. It's the location and the schools that continue to support the prices at the low end of the price spectrum. Bank-owned and short sale properties comprise a minuscule portion of the local market and therefore, have little to no impact on Palos Verdes Peninsula prices.

Super-sized homes shrink in size but grow in "greeness". Today's buyers are concerned with the environment, the economy and the day to day cost of running a McMansion. Water is a precious commodity in Southern California and conspicuous consumption of Mother Nature's resources is frowned upon. Look for desert friendly landscaping to make a return as water bills skyrocket.

Price and value will align. Seller will release their "unrealized equity gains" to the universe and price properties in line with recent sold comps in their neighborhood. Those paper gains are gone. After all, how can you lose something you never really had?

The fluidity of the market is a given, and like the undulating ocean will continue to ebb and flow based on the pull of the economy, employment and local lending environment. My parting 2009 wish: May 2010 bring small improvements for all conditions impacting the housing market.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Drive West - Real Estate Activity for 10/2009

2009-12-04T13:24:00.000-08:00

Palos Verdes Drive West neighborhood home sales and real estate report for October 2009 in Rancho Palos Verdes, California.

Active listings: 14 Homes are currently for sale around PV Drive West priced from $1,195,000 to $7,900,000.

Pending sales: 2 Properties are currently in escrow priced from $2,800,000 to $5,199,000.

October sale: 2 Houses sold in October 2009 in the Palos Verdes Drive West neighborhood:

Berry Hills $890,000
Lunada Vista $2,075,000

All Palos Verdes Drive West real estate and home sales reports.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Rolling Hills - $3M Home Sales for 2009 Year to Date - Palos Verdes CA

2009-11-16T12:36:00.000-08:00

A remodeled home in Rolling Hills hit the market a few days ago and the list price is under $1.3M. I saw the property when it was listed at a higher price. It's not perfect, but hey, it is Rolling Hills, the gated city at the top of the Palos Verdes Peninsula. Buyers, that is a deal based on location alone! The median price of homes in Rolling Hills is over $2M.

Here's a peek at home sales over $3M in Rolling Hills for the past few years:

2009: 3

2008: 3

2007: 10

2006: 8

2005: 7

(numbers based on MLS--deemed correct but not guaranteed)

No doubt about it, sales are down and so are prices in Rolling Hills. If you're thinking of making a move to behind the gates of Rolling Hills, now is an excellent time to see if your dream home is available at a surprisingly attractive price.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Estates - $3M+ Luxury Home Sales Report 2009 YTD

2009-11-16T11:52:00.000-08:00

The over $3,000,000 home sales have endured a sluggish couple of years on the Palos Verdes Peninsula. Chalk it up to the near extinction of jumbo loans and the economic decline. I noticed during the usually quiet dog days of summer a high end sale or two started appearing on the MLS hotsheet.

Digging a little deeper, and closing a high-end home in Palos Verdes Estates myself, encouraged me to delve a little deeper to determine whether my sale was a fluke, a stroke of good luck or a turning point in the local housing market. Here's what I found:

10 Palos Verdes Estates homes $3,000,000 and up closed escrow in 2009. 4 Homes in the price range are currently in escrow.

9 Palos Verdes Estates homes $3,000,000 and up closed escrow in 2008.

18 Palos Verdes Estates homes $3,000,000 and up closed escrow in 2007.

13 Palos Verdes Estates homes $3,000,000 and up closed escrow in 2006.

17 Palos Verdes Estates homes $3,000,000 and up closed escrow in 2005.

It appears the high-end home market in Palos Verdes Estates hit bottom in 2008, and the number of sales in 2009 will be back in the double digit zone.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Portuguese Bend - Coastal Homes off of Palos Verdes Drive South

2009-11-12T11:09:00.000-08:00

Yes, you can have an ocean view and horses in Palos Verdes. You can also live in a gated community surrounded by stunning natural beauty and enjoy one of the best climates on the Palos Verdes Peninsula. Located just off Palos Verdes Dr. South, the Portuguese Bend Club equestrian neighborhood is smaller than the gated city of Rolling Hills (and less expensive) but it, too, is graced with abundant open spaces, horse and hiking trails and spectacular views of the Pacific Ocean.

I am watching the neighborhood for a client who has kids and horses. We're hoping a four bedroom with stables and a view will come on the market in the next few months. Portuguese Bend home prices range from just under $1,000,000 to multi-million dollar equestrian compounds.

The Portuguese Bend Club has a neighborhood stable for boarding horses, riding rings and exercise areas plus miles of riding trails. The Portuguese Bend Club Horse Show is an annual event in the neighborhood.

Located on Palos Verdes Drive South between Donald Trump's golf course and Terranea Resort the Portuguese Bend neighborhood is a few minutes from recreational and fine dining options. Upon entering the gates you will find it hard to believe you are in Los Angeles County.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Palos Verdes Homes for Sale - Rancho Palos Verdes Houses
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Palos Verdes Coastal Homes - Portuguese Bend Homes
Palos Verdes Homes Videos - Portuguese Bend Video

Palos Verdes Ocean Front Homes - Pricing

2009-11-02T11:12:00.000-08:00

If you too are wondering what's happening with coastal mega mansions during this prolonged recession, and are considering selling or buying a high-end property, here's the scoop on the luxury market on the Palos Verdes Peninsula:

42 luxury homes are for sale in Palos Verdes in the $3,000,000 and up price range.

24 of those homes are priced from $3,000,000 to $5,000,000.

18 fall into the ultra high-end of $5,000,000 and up.

Let's examine the same price range and look at sales since 2007:

61 Single Family Homes priced from $3,000,000 to $5,000,000 sold since January 1, 2007 to present.

23 of of those sales were for $5,000,000 and up.

We don't have the celebrities and movie stars of Beverly Hills and Bel Air, and our ocean front home prices are cheap compared to Malibu. This is a peninsula and we are graced with gorgeous coastline on three sides. We are also located on a hill so many more homes enjoy spectacular views from their strategic perches high above the Pacific Ocean. As a matter of fact, many people have never heard of Palos Verdes and the paradise this peninsula offers. That's the one of the things I like best. It's serene and peaceful here.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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Queen's Necklace View Home - Via Arriba in Palos Verdes Estates

2009-10-06T15:47:00.000-07:00

1633 Via Arriba - Sold for $3,199,900
Buyer represented by Norma Toering RE/MAX Palos Verdes Realty

Located in Palos Verdes Estates in the Malaga Cove neighborhood and offering a spectacular view of the Queen's Necklace this home offered one level living in one of the most sought after areas of the Palos Verdes Peninsula.

I saw the buyers at a social function last weekend and they are thrilled with their new abode. However, they have an unwelcome night visitor who is wrecking their front lawn! I laughed as I listened to their story of uprooted sod and my bet is on a family of raccoons.

Palos Verdes is home to much open space and many animals share the area with the residents. If you're looking for more space, or perhaps you're ready to downsize, call Norma Toering and Team for a tour of available homes or a market evaluation of your Palos Verdes property.

It's a great place to call home.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

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