How’s The Market

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Home Sales In Malibu Blossoming!

by ritasimpson April 12, 2012 How's The Market

Spring in Malibu has home sales  blossoming  in all price ranges. From $500,000 to over  $20 million. There were 109 properties either in escrow or sold in these first months of the year compared to 80 last year in the same period.

The momentum in the Malibu Real Estate Market  is picking up steam and activity …

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Great Buys In Malibu Snapped!

by ritasimpson April 4, 2012 How's The Market

Two great  home buys in Malibu are about to close. Lucky buyers!  They were listed at incredibly accessible prices. One is a  5000 square foot Modern on the bluffs above Sea Level Beach with private steps and deeded rights to the beach below.  The other, was a refined 10,000 square foot Mediterranean, with incredible attention to …

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Only Good News For Malibu Real Estate

by ritasimpson March 27, 2012 How's The Market

With Bernanke’s resolve on keeping rates low, the Federal Reserve’s policy of easy money will continue to support the recovery of the job market and consequently the housing market. Americans are buying more homes this year than in 2011. The pending home sales, which many economists see as an indicator of future housing activity was …

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Buying Foreclosures

by ritasimpson March 23, 2012 Buying My Home

3 Stages offer different challenges and rewards

The strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage payments, they are now in a position to entertain offers made …

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Believe, Malibu Real Estate Is Moving!

by ritasimpson March 21, 2012 How's The Market

No matter what you may be hearing on the street or maybe the left over jitters of the last few years, you can now believe, Malibu Real Estate is on the way back! The proof? since the beginning of the year we have seen a steady uptick in sales and showings to the tune of …

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Malibu Real Estate Market Roaring Back! Time To Move?

by ritasimpson March 14, 2012 How's The Market

If you have any doubts about whether the Malibu Real Estate Market has hit bottom, I think after to hear these statistics you will agree  there has been a big turnaround!

Last year by this date there had bee 30 sales of condos and single family homes for both landside and beach homes combined, with prices …

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Malibu West Neighborhood is a Top Seller

by ritasimpson March 8, 2012 How's The Market

The Malibu West Neighborhood has registered dynamic activity since the beginning of the year, with 4 homes in escrow at this time. The median for the neighborhood has been around $1,150,000 with an average price paid per Square foot of $419 and a Sold to List price Ratio of 88.57%

Malibu West is one of the best …

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Thumbnail image for Point Dume, Malibu, Home Sales On To A Good Start!

Point Dume, Malibu, Home Sales On To A Good Start!

by ritasimpson March 7, 2012 How's The Market

Two great sales closed and one amazing big deal under contract so far this year, in the Point Dume neighborhood of Malibu!

Average Price Paid for the closed deals was $3,737,000 with an average price paid per Square foot of $1,368 and a discount of 17% of list price.

The deal under contract by contrast is $14,995,000 …

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First Malibu Beach Home Sales 2012

by ritasimpson March 3, 2012 How's The Market

The year is starting with stable sales for Malibu beach homes. Last year we had three beach sales in the first two months of the year. This year the same. However the median price last year was $2,050,000, this year the median was $5,950,000. Suggesting a move towards the more expensive homes is nascent. The …

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Thumbnail image for Malibu Home Sales Double This Year!

Malibu Home Sales Double This Year!

by ritasimpson March 2, 2012 How's The Market

Home sales on the land side  in Malibu (not beach front) have doubled in volume this year when compared to the volume during the same period, January and February, last year.  In 2011 there were 14 sales during the first two months of the year. This year there were 28. While pricing played a big …

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