South Bay Digs • April 10, 2015

ON THE COVER Villa with a View: Family-friendly design and graceful aesthetics makes for beautiful utility in Palos Verdes Estates presented by Lauren Forbes and John Corrales of Forbes Corrales at Coldwell Banker Previews.

Vacation home purchases made up 21% of all home sales last year at an estimated 1.13 million, the highest level since 2003 and a 57% increase from 2013, according to a recent report from the National Association of Realtors. Distressed properties made up 45% of all vacation home sales last year with a median price of $150,000, an 11% decrease from 2013. Not surprisingly, a beach location was the most popular among vacation buyers, and 54% of properties were single-family homes.

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