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What are the large round white domes above Palos Verdes Drive East, just up from Palos Verdes Drive South? The two large round white buildings visible from Palos Verdes Drive East at the top of the hill house a radar facility that is still operational. It is run by the Federal Aviation Administration which continues to use the facility for long-range radar. The Los Angeles Air Route Traffic Control Center uses the facility to control air traffic into and out of Los Angeles. The FAA took over the facility from the [...]

The Palos Verdes Drive South (Area 169 in the map below) in the City of Rancho Palos Verdes stretches along the coastline from the border of San Pedro along Palos Verdes Drive South, including the Portuguese Bend area, north to Point Vicente Park and the western terminus of Hawthorne Boulevard. Palos Verdes Drive South is the principal road serving this area. Many of the homes in this area offer excellent ocean and Catalina views. The Portuguese Bend Club is in the center of this portion of the Peninsula, and is adjacent [...]

The Malaga Cove (Area 163 in map below) area of the City of Palos Verdes Estates is home to Palos Verdes City Hall, the Police and Fire Station, La Venta Inn and the Malaga Cove Plaza, the first commercial plaza built in Palos Verdes Estates. Malaga Cove Plaza is home to the Malaga Cove Ranch Market, a post office, the Rive Gauche restaurant, a small sandwich shop, and several realty offices. It is the first impression that most people get of the city. It's beautiful Arched Buildings, and The King Neptune [...]

The Montemalaga neighborhood (Area 162 in map below) of the City of Palos Verdes Estates is at the upper area of the hillsides of Palos Verdes Estates, and has some of the newer homes in the city. Homes in this area are predominantly Mediterranean in style with tile roofs. Many view lots in this area enjoy the "queen's necklace" view of the South Bay Beaches and Santa Monica Bay. Montemalaga Elementary School is located at the top of the Montemalaga area. There are no townhomes or condominiums in this neighborhood. Montemalaga [...]

OPEN HOUSE TODAY 1 TO 4 PM SPECTACULAR OCEAN VIEW CONDO6542 Ocean Crest Dr. #D306 Rancho Palos VerdesListed at $459,000 - MLS# PV13115097 Freshly Painted and Sparkling Clean, Don't Miss this Fabulous Remodeled Ocean View Condo in Rancho Palos Verdes! 2 Bedroom 2 Bath 1,068 square feet with Remodeled Kitchen including New Cabinets, Stove, Dishwasher, Microwave, Refrigerator and Granite Counters. With Beautiful Wood Laminate Flooring throughout, Bright Open Floor Plan with New Dual Paned Windows and Sliding Door that Leads to a Romantic tiled Balcony, Perfect for Sipping Wine and Enjoying [...]

SPECTACULAR OCEAN VIEW CONDO6542 Ocean Crest Dr. #D306 Rancho Palos VerdesListed at $459,000 - MLS# PV13115097 Freshly Painted and Sparkling Clean, Don't Miss this Fabulous Remodeled Ocean View Condo in Rancho Palos Verdes! 2 Bedroom 2 Bath 1,068 square feet with Remodeled Kitchen including New Cabinets, Stove, Dishwasher, Microwave, Refrigerator and Granite Counters. With Beautiful Wood Laminate Flooring throughout, Bright Open Floor Plan with New Dual Paned Windows and Sliding Door that Leads to a Romantic tiled Balcony, Perfect for Sipping Wine and Enjoying the Sunsets. The Master Bedroom Features a [...]

Interest rates moved up slightly this week, and have increased about 1 percentage point over the last month from their historic lows.The following are excerpts from the newsletter on interest rates published by HSH Associates : "The headlines were full of "mortgage rates jump" stories this week as volatility in the market continues. While true, most of the upward bump came early in the week, and things have flattened out and perhaps even eased a little over the last few days. Regardless, there is little suggestion to be seen anywhere that [...]

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 of 61homes is down significantly with the average number of homes for sale having decreased approx. 38% compared to the end of May last year. The average number of homes sold per month over the last 3 months of 36 homes per month, is 33% higher than the comparable 3 month period last year. There are 43 homes in escrow at [...]

The average number of properties listed for sale for the overall Palos Verdes Peninsula at the end of May is approx. 29% lower than the same time last year. Single Family home sales for the overall Palos Verdes Peninsula Real Estate Market have improved and the average number of homes sold per month of 65 over the last 3 months is about 20% higher than the comparable period last year . Pending sales in escrow have been strong , with 75 homes in escrow at the end of May, forecasting continuing [...]

The City of Rolling Hills had the following real estate market activity for single family residences during May 2013: Properties Sold: 5 Address Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days to Sell 3 Roundup RD $1,805,000 4 4.00 3,347 $539.29 1955 SB13033566 5/03/13 21 3 Running Brand RD $1,905,000 3 5.00 3,409 $558.81 1980 V12104490 5/31/13 92 26 Chuckwagon RD $2,100,000 4 3.00 2,673 $785.63 1958 SB13055530 5/23/13 55 26 Georgeff RD $2,375,000 4 4.00 3,993 $594.79 1958 PV12133973 5/30/13 180 16 Bowie RD $2,700,000 4 [...]

The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 23 units has dropped 5 consecutive months, and is down approx. 38% compared to a year ago. The average number of sales per month over the last 3 months of 17 units per month is also up 13% from a year ago. There are 17 units in escrow at the end of May. Click here for a current search for condos and townhomes available for purchase on the Palos Verdes Peninsula.. Make sure and scroll down to see [...]

Abalone Cove Volunteer Workday: The Palos Verdes Peninsula Land Conservancy will sponsor an Outdoor Volunteer Workday at Abalone Cove Reserve from 9 a.m. to noon Saturday. Volunteers will help beautify habitat along the Coastal Trail near Portuguese Point; 310-541-7613 [email protected]. Help the Conservancy restore vital habitat by planting natives and removing invasive species in various preserves around the peninsula. All volunteer work days are on Saturdays from 9am. Training, tools, camaraderie and beautiful scenery are provided, but bring close-toed shoes, water and sun protection. Outdoor workdays will be cancelled if it [...]

As reported in the NY Times today: "The latest sign (of a strong recovery ) emerged Tuesday as the Standard & Poor €™s Case-Shiller home price index posted the biggest gains in seven years. Housing prices rose in every one of the 20 cities tracked, continuing a trend that began three months ago. Similar strength has appeared in new and existing home sales and in building permits, as rising home prices are encouraging construction firms to accelerate building and hiring. The broad-based housing improvements appear to be buoying consumer confidence and [...]

It's family fun time at the FREE PV Street Fair & Music Festival - the largest in the South Bay!FREE ADMISSION & PARKING!2013 DATES & TIMES:Saturday June 8th 10am-10pmSunday June 9th 10am-9pmLOCATION:Located in the heart of Palos Verdes on Norris Center Drive & Deep Valley Drive. More InfoMORE INFORMATION:Contact the Palos Verdes Chamber of Commerce atTel: 310-377-8111 begin_of_the_skype_highlighting 310-377-8111 [email protected] Largest Carnival in the South Bay . Fun family rides and attractions, including a 65 ft ferris wheel, FREE pony rides, & a petting zoo! More Info Live Music on Two [...]

Interest rates inched up a bit again this week.The following are excerpts from the newsletter on interest rates published by HSH Associates : " Mortgage rates bounced higher this week, as minutes from the Federal Reserve's last meeting and an answer to a Senator's question by Federal Reserve Chairman Bernanke roiled the markets, causing a selloff in both stocks and bonds, with the latter subsequently lifting mortgage rates. In the end, really, nothing has changed very much. Minutes of the Fed's April 30-May 1 meeting exposed a willingness on the part [...]