Looking for a Unique Holiday Gift?

Come visit the gift shop at the Point Vincente Interpretive Center. You’ll find all kinds of hand-made ceramics, pottery, jewelry, & ornaments. Books by local artists & authors are available, as well T-shirts and puzzels. These are one-of-a-kind that you won’t find any place else. The shop is located at 31501 Palos Verdes Dr West and open daily 10-5:00. Happy shopping!
Posted by Deborah London, RE/MAX Palos Vedes Realty, deborahlondon.com

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Housing Stimulus Package Outlined!

The national Association of REALTORS has outlined several ways that can help homeowners during this recession and to get the housing industry back on its feet. One way is to give First Time Buyer incentives. Another item on the list is to make the higher conforming loan limits for FHA Buyers that are now temporary to become permanent. To read the details in the article published by NAR, click here!
-Posted by Deborah London, RE/MAX Palos Verdes Realty
deborahlondon.com

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December Happenings in Town!

This Post Sponsored by Deborah London.

Many fun events are lined up for the first week of December here in the RPV Community Center:

Rancho Palos Verdes Community Calendar
12/01 Babies in the Library 10:15am
12/01 Babies in the Library 11:00am
12/01 Marvelous Monday Storytime 11:30am
12/01 Miraleste Library Teen Book Club 2:15pm
12/02 Coldwell Banker 8:45am
12/02 Curly’s Tuesday Storytime 10:15am
12/02 Curly’s Tuesday Storytime 11:00am
12/02 Word Class 1:00pm
12/02 Tuesday Writers’ Workshop 1:00pm
12/02 Pillow Tales Storytime 7:00pm
12/02 City Council Meeting
12/03 Barney Bear Storytime 10:15am
12/03 Barney Bear Storytime 11:00am
12/03 Lenny Lion Storytime 11:30am
12/03 Lions Club Meeting 7:00pm
12/04 Thwacky Thursday Storytime 10:15am
12/04 …

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How’s our real estate market?

This continues to be a challenging real estate market. There are many bank-involved properties in the South Bay area, particularly in such cities as Carson, Gardena, Downey, Los Angeles, and Long Beach, just to name a few. For the investor or the Buyer who doesn’t need to sell a property before purchasing another one, this is a time of GREAT OPPORTUNITIES! I have a list of bank-owned (REO) properties NOT YET ON THE MLS. If you have an interest in adding to your real estate portfolio, call me now to learn more!

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A Job For You!

The city of RPV might have a job opportunity for you for part time, year around programs in the parks and recreation fields! It is open to anyone 18 years or older with a high school diploma (or advanced degrers are wonderful too) and some customer service experience. Apply anytime on line at this link: or you can call the job info line at 310-544-5308. Good to know-pass the word!

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The City of Rancho Palos Verdes Has a Birthday Party this week!

This year we’re celebrating the 35th birthday of the city of Rancho Palos Verdes! The big party is this Saturday, October 11th, from 10AM-4PM at the Point Vicente Interpretive Center. If you are new to this center, the address is: 31501 Palos Verdes Drive West. Come have fun with book signings by local authors, paintings displayed by local artists, games for kids, and music and dance performed by local school children. There is no cost for the festivities. Come one-come all!

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2008 Artist Studio Tour coming soon!

Our annual PV artists’ tour is planned for October 4th and 5th. This is sponsored by a cooperative of artists afilliated with the PV Art Center and will highlight nine of the members by allowing the public to visit their studios while they demonstrate their different art forms. The various art forms include printmaking,oils, ceramics, jewelry making, sculpting, and fabric artistry. For more information, please call 310-265-2592. Enjoy-have fun!

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The Sound of Music-coming soon!

The 36th annual Peninisula Music Fair is coming Sunday, October 5th. From 11:00 AM to 4:30 pm at the Palos Verdes High School, be prepared for a fun afternoon of music in a variety of forms-Japanese Festival Sounds, swing dance band, jazz ensemble, and more! In addition to the musical presentations, there’ll be children’s crafts, puppet show, and a parade throughout the day. Come one, come all!

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Tax Credit for First Time Buyers!

There is now a tax credit of up to 10% of the purchase price of a home (or a mximum of $7,500) if a first time Buyer purchases their principal residence.This credit will be repaid, however, in the coming years. Other stipulations apply. Call or email me for more info about this or other Buyer-assisted loans or credits!

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Interest Rate News!

With inflation rising and some investors in mortgage-backed securities demanding higher rates to purchase bonds, home buyers should work with their broker to lock in a low interest rate. For every half point interest rate increase, the monthly payment on a typical $294,600 mortgage increases by approximately $100. That adds up to a savings of roughly $1,200 annually and $36,000 over the life of a 30-year loan. The calculations are based on the median price of a single-family existing home in California in June of $368,250 and the borrower providing a 20 percent down payment. Here is the name …

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