Palos Verdes Homes Real Estate Snapshot Aug 2020

By | August 5th, 2020|Charlemagne Int'l Properties, Featured Articles, 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 Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  The local Palos Verdes real estate market appears to be oblivious to world events (catastrophes, perhaps) as it continues to grow stronger as the summer progresses. Inventory is still shrinking, and demand remains steady. A glance at my Little Yellow Slider shows it edging toward a more robust seller's market as we enter August 2020. There are 133 Palos Verdes single-family homes for sale. 105 PV single-family residences are in escrow with accepted offers, and 297 single-family properties closed escrow thus far in 2020. Last year at this time, there were 271 homes for sale, 91 houses in escrow, and 370 single-family properties sold as of August 2019. The Little Yellow Dot hovered around "3," indicating a weaker seller's market than we are experiencing in the middle of a pandemic. No doubt, the reduced inventory is playing a vital role in the strength of today's local real estate market. [...]

Palos Verdes Real Estate Snapshot for July 2020

By | July 13th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Communities, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes, Palos Verdes Market Snapshot, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home|

If we must live through a pandemic, let it be in Palos Verdes.   Markets are always moving, and the Palos Verdes housing market is not in "wait and see" mode during these unsettling times. Perhaps, homes are our refuge from the uncertainty that awaits outside the door, in our economy, and future. No wonder home sales are continuing at a healthy clip as we learn to live with new challenges daily. My Little Yellow Dot shows the single-family home real estate market in Palos Verdes still favors sellers. There are 148 single-family homes for sale on the entire Palos Verdes Peninsula. There are ninety-three houses in escrow with accepted offers, and 260 single-family residences have sold year to date. Last year at this time, 285 SFR sales were recorded. That performance is not too shabby considering the events that have occurred in 2020 thus far. More Palos [...]

Palos Verdes Real Estate Snapshot May 2020

By | May 7th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents|

  View this post on Instagram   New Showing Procedures in Place During the Pandemic. It’s not business as usual. #palosverdes #pandemiclife #realestate #showingyourhome #normatoeringbrokerowner A post shared by Norma Toering l Real Estate (@normatoering) on Apr 28, 2020 at 10:17am PDT You're not alone if you are curious about the effect the Coronavirus Pandemic is having on the local real estate market. While history will record the complete story, early opinions project the impact on housing will be less severe than the effect on the stock market. Our homes have become our shelters from the storm raging throughout the world. It's where we feel safe, and that emotional value is impossible to quantify with a dollar amount.  Home is where many of us now work, school our children, and care for those we love. The value of "home" encompasses much more than a structure and the land beneath it. [...]

Palos Verdes Real Estate Snapshot March 2020

By | March 18th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Real Estate Report, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence|

Dear Readers, Let me acknowledge the world is experiencing events I never expected to see in my lifetime. The stock market is reeling and reacting to the latest news daily. I'm focused on remaining calm and relying on my common sense as I consider the ramifications the coronavirus will have on the real estate market as well as on my clients. Whatever the effect may be, we can take precautions to lessen the likelihood of spreading the virus. It's not a time for business as usual, but a time to make sure we observe the recommended preventive measures. As always, the financial health of my clients is my top concern, and now I can add your physical safety is of equal importance. On the day I pulled statistics for this month's real estate snapshot, there were 142 single-family homes for sale on the Palos Verdes Peninsula. Eighty-two single-family residences are [...]

Palos Verdes Real Estate Snapshot February 2020

By | February 10th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Palos Verdes homeowners will love February's single-family home market report, as it reflects a continuing seller's market. It's not too late to ride the coattails of this long-lasting seller's market. Low inventory, coupled with steady demand from buyers, delivers a seller's market month after month and year after year. There are 137 Palos Verdes single-family homes listed for sale per the Multiple Listing Service. 67 PV homes are in escrow with accepted offers, and 38 Palos Verdes single-family homes sold during January 2020.   More Palos Verdes Real Estate Snapshots for February 2020:   Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner 310.493.8333 For more information about a particular neighborhood or your property contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com, or simply submit the below form with your question or request.  

Palos Verdes Homes Market Snapshot January 2020

By | January 13th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent|

  Well, hello to a brand new decade! Will it be another "Roaring Twenties" with a rather disastrous ending? Who can say, but we can track the ups and downs of the local real estate market and do our best to time the buys and sales of our lives. It's everyone's goal to buy low and sell high, but life's timing does not always permit a wait for the market attitude. The best time to buy or sell is when it makes sense for you and your family to make a move.   It may be winter, but the Palos Verdes real estate market is still generating plenty of heat as our seller's market moves into 2020. The Big Story of low inventory continues to be the new normal; there are only 121 Palos Verdes single-family homes listed for sale on the entire Palos Verdes Peninsula. 65 PV homes are [...]

Palos Verdes Real Estate Snapshot November 2019

By | November 25th, 2019|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Cloudy weather does not diminish the beauty of the Palos Verdes coastline.   The holiday season is upon us, and let me first express my gratitude for my clients, past and present. Your continued support is deeply appreciated, as previous clients and their referrals generate nearly 100% of my business.  A referral is the highest compliment you can give me, and I humbly thank you.   The bullish stock market has nothing on the optimistic seller's market the Palos Verdes Peninsula has enjoyed for the better part of the decade.   There are 199 single-family homes in Palos Verdes for sale. 100 PV single-family homes are in escrow with accepted offers, and 543 Palos Verdes single-family residences have sold thus far in 2019.   More Palos Verdes Real Estate Snapshots for November 2019:   If you have questions about your Palos Verdes neighborhood, contact Norma Toering at 310.493.8333 [...]

Palos Verdes Real Estate Snapshot October 2019

By | October 9th, 2019|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes most expensive homes, Palos Verdes top real estate agents|

Our Gorgeous Palos Verdes Peninsula   October's single-family inventory remained stable on the Palos Verdes Peninsula, with only a slight increase over September's numbers. Pending sales on the Peninsula experienced a slight increase helping to create a balance between supply and demand.     There are 236 Palos Verdes single-family homes listed for sale. There are 91 homes in escrow with accepted offers, and 490 Palos Verdes single-family homes have sold thus far in 2019.   As we enter the fourth quarter of 2019, the overall PV housing market is maintaining its grasp on a seller's market. However, if we analyze the luxury market for homes over $3,000,000, it reflects a market favoring buyers. The supply of luxury homes far exceeds the demand. The attractive interest rates, coupled with ample inventory signals this may be the time to purchase a Palos Verdes luxury property.   Need help in [...]

Palos Verdes Homes Real Estate Snapshot Sept 2019

By | September 9th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips|

  Palos Verdes home inventory continued to be absorbed at a healthy pace last month. The number of sales and reduced inventory combined to give a boost to the aging PV seller's market. The Palos Verdes home market appears to be revitalized and ready for a crisp autumn selling season. 233 Palos Verdes single-family homes are for sale. 85 PV homes are in escrow with accepted offers, and 441 Palos Verdes single-family homes have sold year-to-date. The seller's market continues to maintain its grasp on the overall single-family market on the Palos Verdes Peninsula.   More Palos Verdes Real Estate Snapshots for September 2019: Rolling Hills experienced an increased movement of my Little Yellow Dot due to an increase in the number of listings and a drop in the number of sales. The Rolling Hills housing market is small in number; therefore, a slight shift in sales or listings can [...]

Palos Verdes Real Estate Snapshot August 2019

By | August 10th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

View this post on Instagram Palos Verdes Single Family Homes Market Snapshot August 2019 #charlemagneinternationalproperties #normatoeringrealestatebroker #palosverdes #brokerowner #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on Aug 23, 2019 at 8:53am PDT   The Palos Verdes housing market is languishing a bit during these dog days of summer. My Little Yellow Dot market indicator shows the overall PV real estate market for single-family homes is softening. As a result, the market is moving toward a neutral market, favoring neither the seller nor the buyer. What does this mean for prospective sellers and buyers? Sellers can expect more competition as inventory increases, and buyers will have more choices and negotiating power as the number of available homes expands. There are 271 single-family homes currently for sale. 91 PV homes are in escrow with accepted offers, and 370 Palos Verdes Peninsula single-family properties have sold thus far in [...]