How’s The Market

Thumbnail image for Point Dume, Malibu Home Median Up 26%

Point Dume, Malibu Home Median Up 26%

by ritasimpson October 13, 2013 How's The Market

In the last three months the Median price of  homes sold in Point Dume, Malibu rose by 26%. Homes in this most desirable neighborhood in Malibu tend to sell faster and at higher prices than in other neighborhoods in Malibu. Life at the Point is more integrated.  Some of the extra perks of living in …

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Thumbnail image for Home Buying Calculus Different For Investors/Homeowners

Home Buying Calculus Different For Investors/Homeowners

by ritasimpson September 19, 2013 How's The Market

You buy a property in Malibu because you want to live here or have your family grow up here or you just MUST have a Malibu home…

The house-owning math for investors is 180 degrees from the rest of us who are buying a house to live in. Today’s article in the WSJ, gives a great …

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Thumbnail image for Rare Multi-Unit Properties On Malibu Beach For Sale

Rare Multi-Unit Properties On Malibu Beach For Sale

by ritasimpson September 15, 2013 Carbon Beach

They are almost  never to be found, when buyers come searching for a multi-unit property on the beach in Malibu for sale. That is because people who have them, don’t give them up easily.

The other thing to know is that you don’t buy these for the cap rates. Income  from the rentable units is good, …

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Thumbnail image for Appraisals Tanking More Home Sales

Appraisals Tanking More Home Sales

by ritasimpson September 14, 2013 How's The Market

With bidding wars in hot markets , the property-appraisal process has been undermining transactions, forcing some would-be buyers to walk away.

The impact can be significant. Consider a jumbo borrower required to put 20% down on a $1 million purchase expects to pay $200,000. But if the home appraises at $900,000, the down payment goes up …

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Thumbnail image for Slower Rise In Malibu Home Prices Offer Opportunity

Slower Rise In Malibu Home Prices Offer Opportunity

by ritasimpson August 30, 2013 How's The Market

Prices have continued to rise for Malibu properties in the second quarter but we are already experiencing a slowdown in activity in sync with the broader market. If you have been planning on purchasing a Malibu home, Malibu beach house or Malibu land, the coming months will be offer great opportunities for striking the best …

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Thumbnail image for Market Performance Is Unique Per Market

Market Performance Is Unique Per Market

by ritasimpson August 26, 2013 How's The Market

If you have been shopping for Real Estate in many areas, you might have come to the realization that although many areas are overheated with multiple offers and closing way above asking, other areas are still sedate.

As a savy buyer you might want to shift your sights to some of the areas that are very …

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Thumbnail image for Malibu Offers Opportunity For Developers To Stretch The Borders

Malibu Offers Opportunity For Developers To Stretch The Borders

by ritasimpson August 7, 2013 How's The Market

Over the last few years, spectacular homes  have popped up in unexpected spots in Malibu and have now been selling for Mega bucks! These are not homes located in the traditional hot spots in Malibu, like Malibu Road, Point Dume, the Colony or even Serra Retreat.  These are homes located in areas that what might …

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Thumbnail image for Malibu Prices Up 30% over Last Year

Malibu Prices Up 30% over Last Year

by ritasimpson July 11, 2013 Malibu Market Update

As to be expected, Malibu home prices whether on the beach or on the land side have moved steadily and fast over the last 6 months. When compared to last year’s first semester, both beach and land side property prices have moved up about 30%, while the number of transactions remained flat. That is mostly …

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Thumbnail image for Malibu Market Update

Malibu Market Update

by ritasimpson March 31, 2013 How's The Market

If you want to know what is going on in Malibu Real Estate today here is a glimpse:

Realtors are busy, busy in Malibu. Activity as been in a frenzy at the beach but is also catching on  for the land side market, meaning properties on the land side of Pacific Coast Highway.

Last year, during the …

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Thumbnail image for Malibu Real Estate IN High Demand

Malibu Real Estate IN High Demand

by ritasimpson March 24, 2013 How's The Market

The spring homebuying season has kicked off  in Malibu with tight  housing inventories and Prices going UP.

Malibu  famous for it’s celebrity residents and gorgeous coastline is experiencing a run for the homes on the market with 90% increase  in properties under contract on the landside and a jump of 348% on the median price of …

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