Palos Verdes Lifestyle - Norma Toering's PV Real Estate Blog

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Palos Verdes Peninsula Real Estate For Sale Best Buy January 2008

Hello Buyers!  This best buy gem is located in the unincorporated area of the Palos Verdes Peninsula.  It enjoys the award winning Palos Verdes Unifed School District as well as other perks to be found in the Palos Verdes area.

27133 Sunnyridge is a luxury home built in 2004.  The 6200 sq. ft. home has 6 bedrooms, 8 bathrooms, pool, view and incredible quality throughout.  Current listing price is $2,995,000.  A $355,000 price reduction puts it on my Best Buy list for January 2008.PVP Best Buy Jan 08

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

South Bay Los Angeles cities I sell real estate 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.


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Rancho Palos Verdes Real Estate Best Buy for January 2008

Hello Buyers!  Don't put your shopping shoes away just yet---January is a great month for sales, and there are some door-buster deals in Rancho Palos Verdes!  With nearly one hundred homes on the market in Rancho Palos Verdes it took some scouring to find my No. 1 RPV best buys jan 08recommended buy, but here it is:

3 Via Del Cielo in Rancho Palos Verdes is NEW Construction in the Oceanfront development.  This 4768 sq. ft. gated estate has 4 bedrooms and 4.5 baths. It's lovely, but the best news is the price--reduced from $4,690,000 to $3,990,000!  That's 700k, and that's why it makes my best buy list for January 2008.

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

South Bay Los Angeles cities I sell real estate 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.


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Palos Verdes Estates Real Estate For Sale Best Buy January 2008

Hello Buyers!

2008 will be a great year for you.   Here is my top pick as Buy of the Month in Palos Verdes Estates.

4252 Via Pinzon located in the oh so charming Valmonte neighborhood has slashed $100,000 from its listing price, and is now available for $1,099,000.  With 1962 sq. ft and three bedrooms/two baths this is considered a starter home in Palos Verdes Estates, but it would also be perfect for downsizing.  Lovely location and great yard puts this one on my buy list.PVE best buy jan 08 If you would like to see it, don't wait too long to call me.  Prediction:  It will soon be on the sold board.

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

South Bay Los Angeles cities I sell real estate 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.


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Rolling Hills Real Estate For Sale Best Buy for January 2008

Hello Buyers!

2008 is going to be a great year for you.  This is no crystal ball prediction or wishful agent thinking.  I'm seeing some serious price reductions on premium properties in Rolling Hills and other cities on the Palos Verdes Peninsula.  So get your pre-approval updated, put on your buyer's boots and check out my best buys for January 2008.

Rolling Hills:  4 E. Ringbit was just reduced to $2,200,000!  This 4 bedroom 2.5 bath is a single level traditional home of more than 3,000 sq. ft.  plus it's updated and move-in condition.  Pool and View included! $530,000 was trimmed from the asking price--now that's a serious seller! 

My prediction: It will be in escrow soon. Rolling Hills Best Buy Jan. 2008

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

South Bay Los Angeles cities I sell real estate 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.


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State of Single Family Home Sales in 2008

Rolling Hills view pic

2007 was an unbelievable year for real estate-it grabbed front-page headlines nearly every day.  Sub-prime submersion, buyer bailouts, and other notorious stories unfolded with growing concern for both sellers and buyers. These national stories are important and do have an economic impact, but let's go local for what transpired in Palos Verdes in 2007.

Three key factors have cushioned the fall for the cities of the Palos Verdes Peninsula:

  1. Coastal Location
  2. Limited New Construction
  3. Award Winning School District

This golden trio provides the pillars that continue to support real estate values in Palos Verdes.  Read them again. 2008 will not see any one of the three change in any significant way.  The market will do what the market is going to do, but it will occur on a local basis; it will not be a uniform national phenomenon.

Palos Verdes Single Family Sales Statistics:

2007:  329 Homes Sold for $1,500,000 or Less

2007:  201 Homes Sold for $1,500,000 or More

2007:  29 Homes are Currently in Escrow

2007:  168 Homes are Currently For Sale

The only sensational story about Palos Verdes properties is the coastal location, the uniqueness of the area, and the stellar schools.  Those are the reasons buyers will continue to purchase Palos Verdes homes in 2008.

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

South Bay Los Angeles cities I sell real estate 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.


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Seeking Funds for Face-Lift

It's an architectural masterpiece.  It's also beginning to show its age.  After fifty years of enduring salt spray from the nearby Pacific Ocean it is in need of a few nips and tucks, and a little polishing to bring back its original luster.  Yes, the little glass chapel in Rancho Palos Verdes is going under the scaffolding.

 

The world-renowned Wayfarers Chapel is a prized landmark on the Palos Verdes Peninsula and the fifty year old tower is in need of a lift.  Couples fly in from all over the world to be married within its glass walls.  Located at 5755 Palos Verdes Drive South, Rancho Palos Verdes, CA  90275 and sited on over three acres overlooking the Pacific Ocean it is a treasure not to be missed.  Contributions for the face-lift may be sWayfarer Chapel picent to the above address.

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

South Bay Los Angeles cities I sell real estate 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.


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Rolling Hills & Palos Verdes Peninsula Trail Guide

horseIf you are in the mood to saddle up the horse and go for a leisurely ride you might want to consult the Palos Verdes Peninsula Horsemen's Association Trail Guide.  It is the only complete guide to the equestrian trails of the Palos Verdes Peninsula.  Maps feature all of the equestrian trails superimposed on an aerial map.

The PVPHA Guide sells for $20, plus tax, and includes an equine service directory.  The Trail Guide may be purchased at the General Store in Rolling Hills Estates, or you may order it from PVPHA, P.O. Box 4153, Palos Verdes Peninsula, CA  90274.

In the market to purchase a horse property? The gated community of Rolling Hills offers some of the finest equestrian estates in Southern California.  Riding trails lace the hillsides and snake along the canyon bottoms. Enjoy magnificent ocean views and expansive vistas of the Los Angeles area from your horseback vantage point.  Rolling Hills Estates is noted for its many equestrian neighborhoods also. 

Would you like to tour equestrian estates online?  If so, simply comment below and provide an email address.  I will send you an e-list of properties currently for sale in Rolling Hills and Rolling Hills Estates.

Hikers, a horse is not required to enjoy the trails of Palos Verdes!

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

South Bay Los Angeles cities I sell real estate 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.


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Christmas Eve and Still Shopping

snowmanWould You Show or Shop for Property on Christmas Eve?

I'm not, but my former broker loved to tell the story of his Christmas Eve mega sale.  It seems he received a call from a former resident, now retired, who was back in town for the holidays. This past client and former resident was driving through his old neighborhood, one of the most exclusive on the Palos Verdes Peninsula, and saw a for sale sign in the yard of the property he had always coveted.  This would-be-buyer and Christmas Eve spoiler, found the closest pay phone (no cell phones in his era), called his former agent and insisted he must see that house immediately, as he had a family dinner to attend in just a few hours and was leaving on a cruise the day after Christmas.

My broker knew the house was occupied-obstacle number one.  He, too, was scheduled to host a Christmas Eve gathering-Yikes, his wife would not take this news well-Strike two.  He quickly put in a call to the sellers thinking they would refuse and he would strike out.  Not so, they accepted with obvious delight, and the showing was set.

When my broker arrived to show the home the exterior holiday lights were aglow.  A Christmas tree filled the front window, and a single candle illuminated all the other windows. Smoke curled heavenward from two chimneys.  His client arrived and as they entered the front door there was laughter and music while mouth-watering aromas scented the air. He said he knew at that moment he would sell the house, and he did.

Maybe this was merely a motivational ploy my broker used to make sure his agents worked through the holidays, but I was once a holiday home shopper and buyer myself. So sellers remember, a buyer can fall in love with your house any day of the year.  Holidays are no exception.

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

South Bay Los Angeles cities I sell real estate 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.


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You'd Better Contact Your Clients, I'm Telling You Why

The past client holiday letters have been sent, random client Christmas calls have been made and many gifts have been delivered.  Whee, it's a chore and each year I evaluate whether it's worth it or not.  Should I scale back?  Do those letters end up in the circular file?

Yesterday I received the answer.  A past client called (2002 Rolling Hills sale) with my letter in hand. She has a relative who will be in town for the holidays and he will be relocating to Palos Verdes.  She thinks a beach house will suit him just fine!  Or perhaps an Old Spanish with a jaw-dropping view.  Hmmm. Did I say it was a chore--now I think not!

ornament

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

South Bay Los Angeles cities I sell real estate 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.


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When Your Career is on Fire Beware of Burnout

When making your business plan for 2008 don't forget to make a personal plan too. 

 Burnout is all too common in this career.  Real estate agents work weekends (yes, I'm showing property this Sunday two days before Christmas), schedule evening appointments, and I've even met a client at 6:30 AM to sign documents before he left the country on business. His schedule became my schedule, and I wouldn't have it any other way, but the hours can get pretty crazy. The demand of juggling so many balls without dropping one requires not only an agile and organized mind, but creates its own anxiety.

2007 was a rocky year in the real estate industry, but seasoned professionals know the market can change on a dime.  A hot seller's market can disappear almost overnight.  After fifteen plus years in the business, one thing I've learned for sure is to plan in pencil! 

So as you type out your business plan for 2008 pencil a few things just for you and those you love in the margin of each month.

Here are my 12 Staying Sane and In the Game 2008 Margin Activities:

1.  Plan a trip to someplace I've never been.  Last summer I went to Italy (see photo insert) and after I stopped checking my messages I had a marvelous time.  There's something decadent, but oh so relaxing about drinking wine in St. Mark's Square in the early afternoon!

2.  Learn to Tango.  I took six lessons thirty-five years ago--now I want thirty-five lessons in the next six months.

3.  Keep two books on my bedside table--one a classic I may have missed or be revisiting, the other a scintillating page-turner of the best seller genre.  Take a break from reality and visit some good fiction. 

4.  Visit a new restaurant each month.  I hate ruts--I love food.

5.  Take a friend to lunch each month (can be combined with the above).

6.  Indulge in a weekend yoga retreat.  Remember, just b r e a t h e!

7.   Schedule a massage after each closing! This is the best way ever to close a deal--it's done, now let it go!

8.   Always have fresh flowers or a blooming plant in my office.  They make me smile. :)

9.   Buy the most exquisite thank you notes I can find and send hand-written notes excessively. Random acts   of kindness never go out of style.

10. Run away weekend trips are a favorite of mine--no plans just take off and let a couple of days unfold.  It's Friday afternoon and the calendar is clear for an escape adventure--just do it.  I once ended up in Rosarito Beach, Mexico and my morning walk on the beach included helping a Mexican family dig for clams and watching wild horses run on the beach--talk about beautiful!  The memory is still vivid and one I often call up when I ask Calgon to take me away!

11. Continue to raise the bar on the art of the bath!  It relieves stress, promotes sleep and I don't have to leave home to indulge.

12. Spend more time with those I love.  Time is our most precious asset.  Share it with those you love.

Work hard and smart in 2008,fishing village but don't forget to play a little too.

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

South Bay Los Angeles cities I sell real estate 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.


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

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