Palos Verdes Lifestyle - Norma Toering's Palos Verdes Homes Blog

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Some Houses Get All the Offers

Everyone knows some neighborhoods are more popular than others.  They have the wow factor working for them in obvious ways such as superior schools and locations.  On the other hand, sometimes a neighborhood's popularity is judged in less tangible ways.  The hip and cool factor is more difficult to measure, but buyers pick up on it right away. 

 

Maybe it is the Prius lined driveways, high tech baby strollers or the evolution of the 1950s ranch home into the green abodes of the 21st century that makes young home buyers say, "This is the where we want to live."  Whatever it is it is working well.

 

Perhaps it is simply "Popular Personality Syndrome" the it factor that makes others want to join the in crowd.  Maybe it is the sense of belonging or a good match.  Whether we can define it or not, it exists, and buyers are willing to pay a premium for homes in such a neighborhood. 

 

On such home came on the market a week ago today.  There are currently three offers and counters are due back today.  Three buyers, one home.  Being popular pays dividends.

Norma Toering - REMAX Palos VerdesNorma Toering & Team RE/MAX Palos Verdes Realty
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19 commentsNorma Toering • September 29 2010 12:45PM
Some Houses Get All the Offers
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Everyone knows some neighborhoods are more popular than others. They have the wow factor working for them in obvious ways such as superior schools and locations. On the other hand, sometimes a neighborhood's popularity is judged in less tangible… more
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Country Club neighborhood real estate and home sales report for the Rancho Palos Verdes, CA in August 2010. Active listings: 14 Houses are listed for sale priced from $1, 050, 000 to $2, 990, 000. Pending sales: 3 Homes are in escrow in the Country… more
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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… more
Look Who Is Re-Blogging Now?
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Hello Norma! We wanted to let you know that one of your recent blogs was re-posted on REALTOR. com Blogs recently. Click here to read the post: http://www. realtor. com/blogs/2010/09/23/what-your-realtor-does-behind-the-scenes/ Please be sure to… more