How’s The Market

Why Interpreting Statistics Can Be Challenging

by ritasimpson December 16, 2011 How's The Market

Have you noticed we keep getting conflicting notifications of how the real estate market is doing? That’s because it all depends on what is being put into the equation. If the study does not isolate the categories and reports on them separately, the conclusions can vary widely. Also Looking at the performance of each sector …

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Malibu Real Estate, Highlights

by ritasimpson December 15, 2011 How's The Market

The market is moving nicely in Malibu Real Estate although the composition of what is selling is changing. While in the past we would hear mostly about the glamorous sales, today buyers are snapping up opportunities in beach front and land side distressed homes and condos.

Of the 213 registered sales on the MLS so far this …

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Switch in Activity In the Malibu Real Estate Market

by ritasimpson December 9, 2011 How's The Market

The winds  are changing in the Malibu Real Estate Market. Famed  for  the record sale prices starting in the late nineties that accelerated and reached  a frenzy in higher end market of properties over $10 million in 2006 ,   2011 survey  results of data pulled from the MLS show that the action …

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The Difference Between Beach and Land Side Market Performance

by ritasimpson December 7, 2011 How's The Market

It is not news that Sellers often believe that their property is worth more than Buyers are willing to concede, but what is interesting is that in this difficult market the distance between Sellers and Buyers has widened. Buyers cautious in view of the incessant swings in the Market, tight loan availability and constant report of …

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La Costa Malibu, Area Report Card

by ritasimpson December 6, 2011 How's The Market

The La Costa area was active  this year with 6 sales on the hillside registering a Median Sold Price of $2,000,000 and a average price of $918 per square foot.

On the beach side, there are currently 10 Active Listings ranging from 13 million to the mid six million and there was one sale this year …

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Malibu Road Real Estate Report Card

by ritasimpson December 6, 2011 How's The Market

Malibu Road was one of the most active beach areas in sales this year. with four sales with a Median Price of $10,500,000 and an average price per square foot paid of $2,375.

Of the 15 Active listed properties on Malibu Road at this time one listing in particular stands out as the Best Buy : …

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Is Mortgage Interest Deduction Important or Not For Malibu Property Owners??

by ritasimpson December 6, 2011 Buying My Home

The National Association of Realtors is putting up a big fight in Washington to keep the Mortgage Interest Deduction in place. Many contest that it will not make a difference if it goes away. They cite examples such as what happened in Australia in 1984, when they stopped all capital gains-free sales and started charging taxes …

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Goldman Says Bottom of Real Estate Market is Here!

by ritasimpson December 5, 2011 How's The Market

For what is a daily question these days for Buyers, Sellers and Realtors alike, wondering when will the Real Estate Market  reach bottom and normalize,  the word from Goldman Sachs today that the bottom is really almost here, gives many great hope for the coming New Year!

The Quants at Goldman based their conclusion on some …

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Malibu Bank Owned Real Estate For Sale

by ritasimpson December 4, 2011 Deal Of The Month

Finish the year with a wonderful gift under your Christmas tree, a Malibu Home!

There couldn’t be a better time to get into one of the most celebrated areas in Southern California. alluring Malibu, with its fascinating community of creative and environmentally engaged population. Malibu City offers one of the most natural and healthy environments to …

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Malibu Beach Homes Sales Report

by ritasimpson December 2, 2011 How's The Market

Malibu Beach homes were sought after this year.  Buyers picked up some great condos at Malibu Beaches for bargain prices. Some 20 condos according to the MLS changed hands this year all along the Malibu coast from County Line to the most Southern Malibu beaches near Santa Monica. The Low price paid was a short …

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