Your REALTOR:
George Fotion
October 2019
Real
At Your Service


New Program Makes It Possible to Rent Tesla Solar Panels
Dreaming of Tesla solar panels but don’t want to pay the thousands of dollars out of pocket to purchase them? The company is now offering solar panels for rent in six states as it rolls out a test program: Arizona, California, Connecticut, Massachusetts, New Jersey and New Mexico. 
      With no upfront costs, homeowners now have a newly affordable opportunity to add Tesla solar power to their home. 
      How it works: Homeowners don’t pay for installation and can start the process with a small deposit—as low as $50, which covers the first month of service. The monthly cost is fixed, and includes the panels
Mortgage Rates
U.S. averages as of October 2019:


30 yr. fixed: 3.64%
15 yr. fixed: 3.16%
5/1 yr. adj: 3.38%






themselves, hardware, and ongoing support and maintenance.
      The systems come in three sizes: “In every eligible state except for California, Tesla will
Wondering What Your Home Is Worth?

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Find out instantly and for free what buyers might pay for your home in today?s market

And for more interactive variables YOU CONTROL try my new COREFACT system. Play the video then email me for your personal and private access key code specific for your home

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Can’t Afford to Buy a Home? Have You Looked Into Down Payment Assistance?
     What’s the No. 1 reason renters fear taking the leap to homeownership or don't even think the leap is possible? That pesky down payment. Even with an FHA loan that requires a minimum of only 3.5% down, the idea of setting aside several thousand dollars is daunting at the least (and, in many cases, darn near impossible).
       
      A survey from Apartment List shows that most millennial homebuyers can’t come up with the funds for a down payment. "Seventy-two percent of millennial renters who plan to purchase a home cite affordability as a reason that they are delaying homeownership, with 62 percent pinpointing a lack of down payment savings specifically,” they said. "Forty-eight percent



How to Get a Jump on Fall Home Projects
     Starbucks just released a new pumpkin flavored drink and the Halloween gear is starting to replace the patio furniture outside the supermarket. That must mean fall is near. If you’re anything like us, the first freeze hits us and we remember all those projects we wanted to do and never started—projects that will help protect our house and make it run more efficiently. This year, we’re starting early to get our house ready for the cold, and you can too. 
      Consider your window coverings Conventional wisdom says you should trade out your lightweight draperies for something more substantial for the colder seasons. But sheers are great in fall and winter. Letting some sunlight trickle through can help heat the home while still providing privacy, and they can be added to any window, regardless of the type of treatment you already have. 
      Mulch. That. Yard.  "Should you

New Listings Coming In September

New Listings Coming In September

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There are some incredible, superior homes coming on the market in September.  Click this link and watch both videos; Lower Lunada Bay (Margate area), Monte Malaga (huge yard, huge yard – yes I wrote that twice on purpose), Silver Spur (RHE side coastline view), Peninsula Center (Blackhorse area walk to Pen High) and Portuguese Bend Beach Club (best California Beach Front Home along the coast of Southern California).  Contact me for details

RADICAL PRICE REDUCTION – WAY BELOW $/Sqft OF SIMILAR HOMES

I call this the "Avant Garde Moroccan" ... In command of your own castle is how you want to feel when you're at home and this is one of the few Palos Verdes homes which provide that feeling of safety, peace and harmony in a contemporary tranquil way.  Clean lines, dramatic volume, space and warmth.  As you step down toward the front door, to the right is a very private patio which you will discover is just outside of the formal dining room. What a great gathering place for parties or a quiet time to be secluded from the world.  Marble and hardwood floors exude a warmth that welcomes you into spacious living areas with cathedral ceilings.  The volume of space here bellows light and airiness made even more comfortable by dual zone cooling.  Apart from the other bedrooms, the master suite is luxurious and enjoys tremendous ocean views.  Downstairs we will find another master suite with a surprise, a butler's pantry! The family room and other 2 bedrooms downstairs create a perfect space for guests or children who need a place to quietly study.  You will love the open floor plan concept upstairs, the privacy of the street, integrated sound system and walking distance to Palos Verdes Intermediate School.  We can't wait for you to see this home. Make your private appointment today.   See virtual tour for details and features


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How to tell if home prices in your neighborhood will go up or down

It’s all and ONLY about the effects of supply and demand and those forces are changing constantly. If you’re thinking about selling your house and basing what to list your home for on past competitive sales (the traditional way real estate agents price property) then you’re making a big mistake. Did you know that 37% of the listings in Palos Verdes Estates had price decreases during the listing’s term, 46% in Rancho Palos Verdes, 16% in Rolling Hills Estates and 7% in Rolling Hills? All of these numbers are UP from the last month. One of the MOST important duties a real estate broker has is to price the property right – from the BEGINNING. That way, maximum competition exists for the home you’re selling and that competition among buyers to own your home, gets you the highest net cash possible from the sale. Get the pricing element wrong and you’re off to a rocky start and you will leave tens if not hundreds of thousands of dollars on the table that rightfully should be in your pocket. Want to learn more? Send me an email and let’s set up a time to talk about it.  Meanwhile to understand what might happen next to prices of homes, go here and play the video now

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Local Market Conditions

  Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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George Fotion,REALTOR
E-mail: george.fotion@homeispalosverdes.com
Website: http://www.bestpalosverdeshomes.com
(424) 226-2147
Call Realty Best Palos Verdes Homes

433 Via Corta
Palos Verdes Estates CA 90274


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