Blog

The City of Rancho Palos Verdes has announced that it has been awarded a grant to improve the Abalone Cove Shoreline Park . In November 2010, the City of Rancho Palos Verdes applied for grant funding under the Land and Water Conservation Fund (LWCF) Program for the Abalone Cove Shoreline Park Improvement Project. The project proposed adding landscaping, trails, interpretive signage, shade structures, picnic areas, viewing stations and an exploration play area within a 3.69-acre portion of the City €™s 80.04-acre Abalone Cove Shoreline Park, located at 5970 Palos Verdes Drive [...]

The number of homes listed for sale in the City of Palos Verdes Estates during 2011 has been relatively steady, averaging 78 homes, but is down about 25% compared to a year ago. The average number of homes sold per month during this same period has also been very steady, averaging 15 sales per month. This equates to approx. 5 months of inventory. Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Nov. 11 Oct. 11 % Change Nov. 11 Nov. 10 [...]

The overall Palos Verdes Peninsula Real Estate Market sales slowed during September and October but increased in November to 50 home sales, the average monthly home sales over the last 6 months. The average number of properties listed for sale during the last 3 months is approx. 21% lower than the comparable period last year, and the number of sales per month over the last 3 months is up 13% compared to that of the similar period last year. Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt [...]

After making a strong comeback in the average price per sq. ft. of homes sold in Rolling Hills Estates during the spring, the most recent quarter showed an approx. 6% drop from the comparable quarter a year ago. Because of the relatively small number of monthly sales, the average monthly price per sq. ft. for this city is highly dependent on the type of homes sold during the month. Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Nov. 11 Oct. 11 [...]

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 is down significantly with the average number of homes for sale over the last 3 months having decreased approx. 27% over the comparable period last year. The monthly average number of properties sold during the last three months compared to the similar period last year has gone up almost 29%. The average monthly number of homes in escrow during the last 3 [...]

If you enjoy viewing neighborhood Christmas lights and decorations displays, the best in the South Bay is in the "Sleepy Hollow" area of Torrance. The best area is near Sharynne Lane and Doris Way, and some people believe that Reese Road is the best of the best. You can also enter the area off of Pacific Coast Highway near Calle Mayor or Robert Road. It is just wonderful how these local neighbors band together every year to put on this incredible display of Christmas cheer to brighten thousands of family's Christmas [...]

Santa Claus will be coming to visit children in Rancho Palos Verdes compliments of the Sheriff's Dept. Here's Santa's schedule: Dec. 4: Rancho Palos Verdes - Dodson area (Montereina Drive, Avenida Aprenda, Pontevedra Drive, Toscanini Drive). 5:30-8:30 p.m. Dec. 8: Rancho Palos Verdes - Caddington and Strathmore areas. 5:30-8:30 p.m. Dec. 14: Rolling Hills Estates - Larga Vista tract; Montecillo tract. 5:30-9 p.m. Dec. 15: Rancho Palos Verdes - Area around Silver Spur Elementary School, Basswood Avenue, Littlebow Road, Eau Claire Drive, Fond Du Lac Road. 5:30-9 p.m. Dec. 21: Rancho [...]

The City of Rolling Hills Estates will hold it's annual Peninsula Holiday Parade Tonight Saturday 12/3 on Silver Spur Road. Peninsula Holiday Parade of Lights Date: 12/3/2010 6:00 PM - 7:30 PM Cost: Free Location: Peninsula Center Commercial DistrictSilver Spur RoadRolling Hills Estates California 90274 The 13th annual holiday parade will take place from 6:00 p.m. to 7:30 p.m., as illuminated floats and festive participants make their way through Peninsula Center along Silver Spur Road, Deep Valley Drive and Norris Center Drive (formerly known as Crossfield Drive).A new direction is in [...]

The King Harbor Yacht Club sponsors its 20th Annual Christmas Boat Parade on Saturday, December 10th from 5:30 to 7:00 p.m. The theme this year is "A Storybook Christmas" and our Grand Marshals are Ines Davidson and her husband Hal. Ines was the founding member of the parade some 20 years ago.The parade is visible all along the harbor that has a view to the main channel. From King Harbor Marina to the Redondo Beach Pier and All the areas in between along the sea wall. Best viewing locations will be [...]

Interest rates remained steady this week and remain near historical lows. With the volatility in the stock market expected to continue, the flight to safety and bonds is expected to continue, keeping interest rates down The following are some excerpts from this week's newsletter on interest rates from HSH Associates : "A considerable rise in stocks this week came partly at the expense of bonds, and while underlying interest rates rose somewhat as a result, most mortgage rates didn't follow them. With the economic sky brightening somewhat, interest rates would normally [...]

Interest rates remain near historical lows. The following are some excerpts from this week's newsletter on interest rates from HSH Associates : "Both global and domestic economic troubles contribute to the low interest rate environment, as central banks keep short-term rates low while investors seek shelter for their assets, content to earn little if anything on their holding rather than expose those funds to potential loss. This in turn keeps mortgage rates on a low and even path, and for that, at least potential homebuyers and refinancers can be thankful. Somewhat [...]

Palos Verdes High School won both the Boys and Girls StateChampionships for Division III. PV was the only school to sweep the boys and girls titles at Saturday morning's State Finals, capping an incredible season for both of the school's cross country teams. Rebecca Mehra finished fourth to lead the Palos Verdes girls... (Alex Valladares, Daily Breeze Correspondent) The Palos Verdes girls team finished with 103 points, topping Vista del Lago (143), Aptos (147) and defending champion Campolindo.. The Palos Verdes Boys team , heavy favorites all season, scored 100 points [...]

The Supply of Condos and Townhomes on the Palos Verdes Peninsula available for sale is Down Significantly. The number of condos and townhomes listed for sale is down 46% from its peak in March of this year. With the decrease in supply, the number of condos and townhomes sold has also dropped , however the 15 pending sales as of the end of October portend an increase in reported sales for November. Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Oct. [...]

The earliest known inhabitants of the area now part of the City of Lomita were the Gabrielino Indians in a village they called Suangna, or "Place of the Rushes", near what is now the intersection of 230th Street and Utility Way in Carson. This land was originally a small part of the Spanish land grant called Rancho San Pedro, given to Juan Jose Dominguez in 1784 ( See the History of the South Bay for a discussion of the early Spanish land grant ranchos and the lengthy disputes between the Dominquez [...]

Torrance was founded on May 31, 1911 by Jared Sidney Torrance and Associates by the purchase of 2,791 acres of land from the Dominguez Estate Company for $976,850. Susana Dominguez del Amo sold an additional 730 acres to Torrance for $350 per acre. This land was originally a small part of the Spanish land grant called Rancho San Pedro, given to Juan Jose Dominguez in 1784 ( See the History of the South Bay for a discussion of the early Spanish land grant ranchos). At its inception, this planned industrial town [...]