Cathy Izumo’s Palos Verdes Real Estate Blog

While you are waiting out the market, buyers keep this in mind.  For every half-point increase in the rates, is a 5% decrease in your loan amount.  Rates have increased by approximately a half-point from April to June.  So while you’re waiting for home prices to drop, you’re also losing buying power on the other end!     

Had the pleasure of hearing a presentation by Dan Cooke and Kevin Troy, representatives of Terranea Resort located in Rancho Palos Verdes.  This is a very exciting project and it’s wonderful to hear about their progress.   Of the 82 properties for sale, 50 of them have been reserved.  A few of the casitas and condos are approx. 80% complete and will be available for viewing soon.  The project is slated for completion by next summer.

Welcome to Cathy Izumo’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Rancho Palos Verdes.