Will Millennials Buy Big Boomer Houses?

By | July 30th, 2018|Beach City Luxury Homes, Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, Seniors Selling Primary Residence|

Palos Verdes Real Estate Snapshot for August 2018. A post shared by Norma Toering l Real Estate (@normatoering) on Aug 7, 2018 at 10:33am PDT Since I make it a habit of following real estate trends, I've been wondering who will buy the baby boomers' big houses when it's time for them to downsize.  I'm sure you've seen trending articles stating Millennials do not want the family china, antiques, and other stuff filling their parents' home. The big question is, will they want to move into the family home, or purchase one of their choosing? Perhaps smaller and closer to the urban center--time will tell. The giant boomer generation owns two out of every five homes in the United States. Let that statistic sink in for a few moments. That's 32 million homes. Here's the article I'm quoting if you would like to delve deeper. Urban living is popular with [...]

Palos Verdes Estates, CA Real Estate Snapshot July 2018

By | July 13th, 2018|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents, Seller Tips|

The market for single-family homes in Palos Verdes Estates remains in a robust seller's market. There are 62 Palos Verdes Estates single family homes for sale. 29 PVE residences are in escrow with accepted offers, and 93 Palos Verdes Estates houses have sold year-to-date. The overall single-family home market on the Palos Verdes Peninsula has slowed slightly due to increased inventory and slowed absorption. In April 2018 MLS records show there were 147 single family homes listed for sale. My July stats reveal we now have 219 active listings for single-family houses on the entire Palos Verdes Peninsula. The market still favors sellers, but due to the increased inventory, buyers have more choices. Likewise, due to the slower absorption rate, buyers have more negotiating power as the market edges toward a neutral and balanced market favoring neither the seller nor the buyer. Due to the higher price point of homes [...]

Palos Verdes Luxury Homes Snapshot July 2018

By | July 12th, 2018|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents|

Last week's triple-digit heat wave reminded me how thankful I am to live in a coastal community. I don't know about other agents, but my client and I braved the weekend heat wave and toured several Palos Verdes homes for sale. Weather rarely deters a determined buyer (and their agent), but temperatures in the 90s, an unrelenting sun, and houses with no air-conditioning did call for several bottles of water and a shade break or two.  :) The luxury home market is experiencing increased inventory and shrinking sales. There are 65 Palos Verdes luxury homes priced over $3,000,000 listed for sale and only 5 in escrow. At the rate of current absorption, there is over a year's supply of Palos Verdes luxury residences for sale. 32 Palos Verdes luxury homes have sold year-to-date. Market snapshot for all Palos Verdes single family homes: Market snapshots by Palos Verdes location:   Palos Verdes [...]

Palos Verdes Real Estate Snapshot July 2018

By | July 11th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with Pools, Palos Verdes Homes with view, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence|

    Hot weather, firecrackers and sky-high temperatures have not taken the sizzle out of the local Palos Verdes real estate market. Although inventory is up slightly with 219 single family homes for sale, the market is firmly embedded in a still strong seller's market. 87 Palos Verdes single family homes are in escrow with accepted offers, and 342 residences have sold year-to-date in Palos Verdes.   Palos Verdes real estate snapshots by the city: Palos Verdes luxury home snapshot ($3mm+): Both the luxury market and Rolling Hills have increased inventory and sluggish sales. This imbalance moved those markets into a strong buyer's market. Palos Verdes Real Estate Report July 2018 #palosverdes #realestate #charlemagneinternationalproperties #normatoeringrealestatebroker #whatsmyhouseworth #sellmyhouse A post shared by Norma Toering l Real Estate (@normatoering) on Jul 10, 2018 at 3:53pm PDT Selling Palos Verdes Properties Since 1992

Bluff Front Luxury Living in Palos Verdes

By | May 23rd, 2018|Beach City Luxury Homes, Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes Luxury Homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents|

There's a new listing in Rancho Palos Verdes that invites agents to stroll through it rather than make the mad dash we usually do at new listings. I love a pleasant garden, and when there is also a panoramic view of Pacific Ocean as a backdrop, the garden will win my full attention.  As I took in the garden vignettes, the sound and smell of the coastal location could not be ignored. Even though I had a long list of homes to preview for clients, I lingered a few moments at this property. It's the type of residence that draws you in and imprints its amenities on you as it beckons you to savor the moment and the location. If you're in the market to purchase a Palos Verdes luxury home, I know of several you should see before making a final selection.  Yesterday, I saw another exceptional luxury home [...]

Rolling Hills CA Real Estate Snapshot May 2018

By | May 11th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Rolling Hills Homes, Seniors Selling Primary Residence|

Rolling Hills Stable The Rolling Hills real estate market remains in a neutral market favoring neither the seller nor the buyer. The higher price point of Rolling Hills residences translates to a slower absorption rate.  Many RH homes spend more days on the market than properties in other Palos Verdes real estate submarkets. The luxury market for homes over $3,000,000 is another example of higher prices usually translating to more days on the market due to a smaller pool of qualified buyers. There are 30 Rolling Hills homes for sale and only six in escrow at the time of this writing. Eight Rolling Hills residences have sold year-to-date. Snapshots of Palos Verdes real estate markets:   Palos Verdes Homes Market Report May 2018. #palosverdes #realestate #normatoeringrealestatebroker #charlemagneinternationalproperties #sellmyhome #luxuryrealestate #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on May 8, 2018 at 11:38am PDT For [...]

Palos Verdes Estates CA Real Estate Report May 2018

By | May 9th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report|

Palos Verdes Estates real estate market for single family homes remains in a strong seller's market. There are 54 PVE residences for sale. 27 Palos Verdes Estates homes are in escrow with accepted offers. 56 PVE single family properties have sold year-to-date. The Palos Verdes Estates real estate market for single family homes shows a slight uptick with the arrival of the spring selling season.   Palos Verdes real estate snapshots for other markets on the Palos Verdes Peninsula:   Palos Verdes Homes Market Report May 2018. #palosverdes #realestate #normatoeringrealestatebroker #charlemagneinternationalproperties #sellmyhome #luxuryrealestate #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on May 8, 2018 at 11:38am PDT For more information about your Palos Verdes city or neighborhood contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com.  

Palos Verdes Luxury Homes Report May 2018

By | May 4th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents|

  A coastal view on the gorgeous Palos Verdes Peninsula   Palos Verdes Luxury Real Estate Report for May 2018 #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #luxuryrealestate #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on May 1, 2018 at 11:55am PDT The Palos Verdes real estate market snapshot update for May 2018:   There are 53 luxury properties priced at or over $3,000,000 for sale on the Palos Verdes Peninsula. Luxury homes comprise over 25% of the single-family homes currently for sale. 13 Palos Verdes luxury homes are in escrow with accepted offers. 15 luxury properties sold year-to-date in Palos Verdes. Luxury homes for sale by city location on the Palos Verdes Peninsula: Rolling Hills:  21 Luxury residences are for sale. Palos Verdes Estates:  17 Luxury homes are listed for sale per MLS records. Rancho Palos Verdes: 14 luxury properties are on the active market. Rolling Hills [...]

When It’s Time to Sell Your Palos Verdes Luxury Home–Do This

By | April 25th, 2018|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home|

Seller Tip: Put your Palos Verdes luxury home on a diet when it's time to sell! Remove the excess furniture and personal belongings. Thin out the overstuffed closets, reduce countertop clutter, and make sure the traffic flow is not obstructed with furniture. Less is more when it comes to selling an occupied Palos Verdes residence. Check the lighting and make sure all lights are functioning. You should consider adding soft white or even pink bulbs to bathrooms and bedroom lights. The right lighting sets the mood for great professional photos and enhances the appeal during property tours. When it's time to move from being a homeowner to a home seller, I can help you set the stage for a successful sale. Book your one-hour free consultation today. Selling Palos Verdes Properties Since 1992

You Be the Judge

By | April 15th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home|

  Is now a good time to sell my Palos Verdes home? I'll let the numbers do the talking.  :)  You be the judge and let me know what you conclude. Palos Verdes market snapshots for April 2018: During a recent conversation with a mortgage broker who was purchasing one of my listings, he commented he was advising "everyone" to sell now. Inventory is low; prices have more than recovered from the recession a decade ago. I will add real estate tends to rise and fall on a ten-year cycle. Hmm, the market is always speaking to us. The statistical numbers show it's a great time to be a seller in this Palos Verdes real estate market. Buyers, don't despair, instead, consider the value of owning property in one of the most desirable locations in the South Bay of Los Angeles. The coastal location and stellar schools, both public and [...]