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 [...]

Rancho Palos Verdes Real Estate Snapshot July 2018

By | July 14th, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, Selling your Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Thinking of selling or buying in 2018? It's not too late to catch the wave! I'm sipping a tall glass of iced sun tea as I write this on a hot and humid Saturday morning. July's heat is more than making up for our cooler than usual June! Does weather affect the Palos Verdes real estate market? Yes, but not nearly as much as in other parts of the U.S. Once in a while I will have a showing cancellation due to extreme heat, but those are rare. Many homes have air conditioning or ocean breezes--sometimes both, making touring houses comfortable except on triple-digit heat days. Rancho Palos Verdes real estate market seems to be tolerating the heat wave just fine. Once again it remains the "hottest" real estate market on the Hill, beating out Palos Verdes Estates by a small margin. There are 100 single family homes [...]

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

Rancho Palos Verdes Real Estate Snapshot June 2018

By | June 13th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Selling your Palos Verdes Home, Seniors Selling Primary Residence|

Rancho Palos Verdes claims the coveted title of "Hottest Market on the Hill" for June 2018. With 81 single-family homes for sale, 59 single-family homes in escrow with accepted offers, and 150 Rancho Palos Verdes homes sold year-to-date, the largest city on the Palos Verdes Peninsula is enjoying a hot seller's market as we roll into summer.   Other Palos Verdes Real Estate Market Snapshots for June 2018: June 2018 One Minute Market Video: Palos Verdes real estate market update June 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #sellinghomes ##marketreport A post shared by Norma Toering l Real Estate (@normatoering) on Jun 5, 2018 at 11:36am PDT For more information about selling or buying a Rancho Palos Verdes home contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

Palos Verdes Real Estate Snapshot June 2018

By | June 11th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home|

Portuguese Bend Beach in Rancho Palos Verdes The inventory of Palos Verdes single-family homes for sale is up slightly since last month's report, but the number of pending sales (100) remains the same. Given the increase in homes for sales the market temperature cooler slightly.  However, the overall real estate market in Palos Verdes remains a seller's market. There are 199 single-family homes for sale on the Palos Verdes Peninsula. 100 Palos Verdes homes are in escrow with accepted offers and 266 PV single-family residences have sold year-to-date. June 2018 Market Snapshots for Palos Verdes real estate markets: The Palos Verdes luxury market for homes priced at or over $3,000,000 slowed a bit due to increased inventory as well, but the luxury market remains in a neutral market favoring neither the sellers nor the buyers. June 2018 One Minute Market Video: Palos Verdes real estate market update June [...]

Palos Verdes Luxury Homes Market Snapshot June 2018

By | June 11th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Top Palos Verdes Listing Agents|

The Palos Verdes luxury home real estate market is comfortably settled in a neutral market favoring neither the seller nor the buyer as it has been for the past several months. There are 57 luxury homes priced at or above $3,000,000 for sale on the Palos Verdes Peninsula. 13 Palos Verdes luxury homes are in escrow with accepted offers. 24 Palos Verdes luxury homes have sold year-to-date. Palos Verdes real estate market snapshots June 2018: June 2018 One Minute Market Video: Palos Verdes real estate market update June 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #sellinghomes ##marketreport A post shared by Norma Toering l Real Estate (@normatoering) on Jun 5, 2018 at 11:36am PDT   For more information about the Palos Verdes luxury home market contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com.     Selling Palos Verdes Properties since 1992

Rancho Palos Verdes Real Estate Snapshot May 2018

By | May 10th, 2018|Charlemagne Int'l Properties, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report|

Rancho Palos Verdes claims the May award for being the hottest market on the Palos Verdes Peninsula. The sizzle is due to 61 Rancho Palos Verdes single family homes in escrow with accepted offers and only 75 RPV residences for sale. That's a high absorption rate. 104 Rancho Palos Verdes homes have sold year-to-date.   Palos Verdes Market Snapshots for May 2018:   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 selling or buying a Rancho Palos Verdes home contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

Rancho Palos Verdes Real Estate Snapshot April 2018

By | April 12th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report|

  Rancho Palos Verdes is the city with the most single-family homes for sale and comes in at the number two spot for hottest markets on the Palos Verdes Peninsula. Based on my Little Yellow Dot Slider graph the real estate market in Rancho Palos Verdes is growing hotter by the month! There are 63 single-family homes for sale in RPV. 48 single-family properties are in escrow with accepted offers. 74 RPV single-family residences have sold year-to-date.   Palos Verdes Peninsula real estate market snapshots for April 2018:   If you would like more information about your neighborhood or an individual property contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com. I track the Palos Verdes real estate market so you won't have to add that chore to your list of things to do! Palos Verdes Real Estate Update April 2018 #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #selling #buying A post shared by Norma [...]

Palos Verdes Real Estate Market Snapshot April 2018

By | April 9th, 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 Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent|

The weather today is hotter than the single-family residential market on the Palos Verdes Peninsula--and that's hot! Thanks to Santa Ana winds and a longtime smoldering seller's market both fall into the "hot" category. How long either will last is hard to predict, but one thing I'm certain of is neither one will last forever. Notice the "Little Yellow Dot" indicates the heat of the seller's market is intensifying as we enter the spring and summer selling seasons. Most people prefer to move during the summer, especially if they have children in school. Let's review other sub-markets within the overall Palos Verdes real estate market. The single-family luxury market and Rolling Hills are both in a neutral market favoring neither the seller nor the buyer. Both markets consist of higher priced homes than the general PV real estate market. Hence, there is a smaller pool of buyers for the properties, and [...]

Rancho Palos Verdes Real Estate Update March 2018

By | March 19th, 2018|Charlemagne Int'l Properties, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Top Palos Verdes Listing Agents|

There are currently 69 Rancho Palos Verdes single-family homes listed for sale. The prices range from $859,000 for a home in the Eastview neighborhood to $8,499,000 for a luxury property in the Oceanfront Estates development at Hawthorne Blvd. and Palos Verdes Drive West. 48 Rancho Palos Verdes single-family properties are in escrow with accepted offers. 55 RPV single-family homes sold year-to-date per the local Multiple Listing Service. A property on Sea Cove off PVDS sold for $6,399,999 in February 2018. The bluff-front property had a stunning coastline view.   Palos Verdes Peninsula Real Estate Update for March 2018 by Norma Toering #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #sellmyhouse #pvhomes A post shared by Norma Toering l Real Estate (@normatoering) on Mar 20, 2018 at 11:28am PDT View from the Sea Cove property   There are only five Rancho Palos Verdes single-family homes for sale priced below $1,000,000. All five are located [...]