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Palos Verdes High Schoolwas one of 218 schools in California designated as a California Distinguished School on Thursday. In Los Angeles County, 39 schools were recognized. Palos Verdes High School was the only school inPalos Verdes Peninsula Unified School Districtto receive the honor. "These schools have gone the extra mile to provide high-quality instruction that puts their students on the right path toward career and college," said Tom Torlakson, state superintendent of public instruction. "Given the enormous challenges schools have faced in recent years, it is inspiring to see this kind [...]

The real estate market in the City of Rancho Palos Verdes has been very active, with sales strong and inventory down . The level of inventory of homes for sale of56 homes is down significantly with the average number of homes for sale having decreased approx. 47% compared to the end ofFebruary last year. The average number of homes sold per month over the last 3 months of 30homes per month, is 30% higher than the comparable 3 month period last year. There are 35 homes in escrow at the end [...]

Los Angeles-Orange County house prices increased 21.8 percent in September from a year ago, the biggest percentage gain in almost eight years, according to the S&P/Case Shiller Home Price Index. IndexSept. Case Shiller (L.A.-O.C.) 21.8% CoreLogic (O.C.) 21.5% DataQuick (O.C.) 19.3% Calif. Realtors (O.C.) 19.7% Orange County also saw the third biggest house-price gain among the top 20 U.S. metro areas included in Case Shiller's monthly report. Nationwide, house prices were up 11.2 percent For more information about Palos Verdes and South Bay Real Estate and buying and selling a home [...]

The Malaga Cove area of Palos Verdes Estates ( area 163 in map below ) had the following real estate activity for single family residences during October of 2013 : Properties Sold: 2 Address Sales Price Bd Bth Sqft $/Sq Built ML# Sold Date Days on Market 109 Via Colusa $1,450,000 3 3.00 2,335 $620.99 1963 PV13158381 10/24/13 80 3432 Via Palomino $1,605,000 3 3.00 2,442 $657.25 1951 PV13183459 10/17/13 7 Average $1,527,500 3.0 3.00 2,389 $639 44 Number of Properties Listed for sale as of 10/31/2013: 9 ( A 3 [...]

The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during October 2013: Properties Sold: 7 Address Price BR BA Sq.ft. $/Sq.ft Date Blt MLS # Closing Date Days on Market 3013 WPVDR W $1,149,900 4 3.00 2,684 $428.43 1963 SB13126199 10/02/13 68 3012 Via Buena $1,240,000 4 4.00 2,744 $451.90 1969 PV13156323 10/09/13 93 1521 Addison RD $1,385,000 3 3.00 2,136 $648.41 1954 PV13177698 10/16/13 54 2649 Via Olivera $1,450,000 4 3.00 2,770 $523.47 1975 [...]

Interest rates for buying a home on the Palos Verdes Peninsula edged down this week.The following are excerpts from the newsletter on interest rates published by HSH Associates : "Like standing on a boat in nearly calm seas, watching mortgage rates lately might make you a little queasy, what with the regular cadence of rolling back and forth in single- and multi-week swells. Of late, for example, a 4.45 percent average on October 18 gave way to a 4.27 percent one two weeks later, only to turn back upward to 4.45 [...]

THE MUSICAL YOU HAVE BEEN DREAMING OF ARRIVES AT THE NORRIS CENTER FOR THE PERFORMING ARTS Beloved holiday musical, €˜White Christmas€™ comes to life on stage December 6-15 Celebrate the season at the sparkling holiday musical, Irving Berlin€™s White Christmas, December 6-15, at the Norris Center for the Performing Arts. Based on the beloved 1954 film starring Bing Crosby, this lavish Broadway romantic comedy is an all-singing, all-dancing evening of theatre that includes some of the greatest songs ever written, and even a live snowfall on stage and a visit from [...]

The real estate market in the City of Rancho Palos Verdes has been very active, with sales strong. The level of inventory of homes for sale of 84 homes at the end of October is up significantly over the last 9 months since decreasing to extremely low levels at the first of the year, with the average number of homes for sale now up about 15% compared to the end of October last year. The average number of homes sold per month over the last 3 months of 36 homes per [...]

Interest rates for buying a home on the Palos Verdes Peninsula bounced higher this week.The following are excerpts from the newsletter on interest rates published by HSH Associates : "As expected, mortgage rates bounced higher this week by about a tenth of a point, driven upwards by more promising economic news. Most of that news came at the end of last week; this week featured more of a mixed bag of mostly second-tier data to describe the state of the economy. Federal Reserve Vice Chair Janet Yellen sat before members of [...]

The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 46 units has risen dramatically the last 3 months, and is up approx. 58% compared to this time a year ago. The average number of sales per month over the last 3 months of 16 units per monthis upfrom a year ago, however has decreased each of the last three months to only 10 units sold in October. There are14 units in escrow at the end of October. Click here for a current search for condos and townhomes [...]

The number of properties listed for sale for the overall Palos Verdes Peninsula at the end of October of 153 properties is approx. the same as the same time last year. Single Family home sales for the overall Palos Verdes Peninsula Real Estate Market had been improving and the average number of homes sold per month of 61 over the last 3 months is about 5% higher than the comparable period last year, however only 49 home sales closed in October . Pending sales in escrow have slowed down considerably as [...]

The City of Los Angeles and the Battleship Iowa present the 2nd Annual Veterans Appreciation Festival tomorrow Saturday November 9th from 10 am to 4 pm . The Veterans Appreciation Festival will offer live music, kid-friendly activities, food trucks, patriotic Harley riders and more. €œWere going to have a lot of vets: anywhere between 5,000 and 10,000, said Andrew Bossenmeyer, a USS Iowa spokesman. €œThis is the second annual USS Iowa Veterans Day event and its presented with the city of Los Angeles. € Veterans and active military service members (with [...]

Harden House for Sale An historical estate in Rancho Palos Verdes known as "the Harden House" is currently on the market for sale for approx. $5 million. Across the street from the Portuguese Bend Gatehouse and the entrance to the Portuguese Bend community, the Harden House sits behind another beautiful Gatehouse. The gatehouse was an exact duplicate of a gate house architects employed by Frank Vanderlip photographed in Italy. Frank Vanderlip purchased the entire Palos Verdes Peninsula in 1913. This house was built by Vanderlip's beloved sister Ruth and her husband [...]

Two incumbents were re-elected to second terms on the Rancho Palos Verdes City Council in Tuesday €™s balloting. With all 16 precincts reporting, Councilman Anthony Misetich emerged as the top vote-getter at 35.8 percent. Councilman Brian Campbell was close behind in second place at 34.5 percent. Former Councilman Ken Dyda, who was seeking to return to elective city office and ran his campaign without taking contributions, trailed with 30.0 percent. Misetich and Campbell were elected in 2009 and were seeking second four-year terms. Due to term limits, these will be their [...]

Machado Lake Machado Lake is located in the Ken Malloy Harbor Regional Park bounded by Anaheim Street, South Vermont Street, Pacific Coast Highway and the 110 Freeway in Harbor City. The regional park, at 241 acres, probably contains the greatest bio-diversity of any like sized site in Los Angeles County, but certainly in the coastal section of the county. The lake was named for Antonio Machado, who had married the widow of Jose Dolores Sepulveda (who first laid claim to Rancho de los Palos Verdes in a dispute with the Dominquez [...]