A substantial amount of rainfall earlier this year is accelerating the ground movement under Rancho Palos Verdes.
Driving through Rancho Palos Verdes has become a bumpy situation as city workers scramble to repair roads that are buckling due to the land shifting.
Phipps says a majority of the houses are built on one complex large landslide that formed thousands of years ago. The land has been gradually shifting since. "The historical movements have been divided up into three or four main landslides," Phipps said. "The total area of all those landslides was about 380 acres, but the area that's moving now is over 680 acres, so the landside has gotten much bigger."So what does this mean for homeowners and the real estate market?
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