Thumbnail image for Malibu Real Estate Transactions Up

Malibu Real Estate Transactions Up

by ritasimpson February 21, 2012 How's The Market

If you had any doubts, don’t. The number of transactions in Malibu Real Estate since the beginning of the year has almost  doubled from last year during the same period!

In 2011 there were 25 homes in escrow in the first two months of the year. This year there are 42. Prices have not come down …

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Luxurious Malibu Colony Estate

by ritasimpson February 17, 2012 Deal Of The Month

This is the largest home on the sand in the Malibu Colony, with a beach frontage over 65 feet. The home inspired in the East Coast Beach Cottages and  designed by architect Richard Landry is beautifully detailed and luxuriously comfortable. It easily can be a primary home at the beach for the most discriminating buyer.

We’re …

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Best Buys In Malibu Real Estate Under $2 Million

by ritasimpson February 15, 2012 Deal Of The Month

There are over 72 properties in Malibu listed for less than $2 million dollars.

Here is my pick of the four best buys on the land side. Each of these Malibu homes has something really special, and all are fantastic buys.

Check them out:

Sorry, but we couldn’t find any results in the MLS that match
the specified …

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Malibu Lagoon Restoration Controversial

by ritasimpson February 15, 2012 Community Information

The lawsuit  filed in the Superior Court challenges  the California Coastal Commission’s approval of the Malibu Lagoon Restoration Project and alleges that the project will harm birds, fish and other species that live in the lagoon, and in doing so violate the Coastal Act.

Supporters of the plan, including environmental groups Heal the Bay and Santa Monica …

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View Ordinance Compromise in Malibu

by ritasimpson February 15, 2012 Community Information

Residents now have the right to keep views they currently possess, but whether they will have the right to restore views is still up in the air.
The Malibu City Council on Monday voted 3-2 to adopt a view preservation ordinance, but delayed a decision on the much more controversial subject of view restoration for approximately …

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Buyer’s Agent Is More Important Than You Might Think!

by ritasimpson February 15, 2012 How's The Market

A good buyer’s agent  is instrumental in securing the Buyer the best deal possible and protecting their interest during the negotiation process.

Being a local expert means more than knowing what properties are on the market…it means understanding the dynamics of the market  area by area and being able to sort out the noise,  analyze the …

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Zillow Forecast: Slight Appreciation in Home Values

by ritasimpson February 9, 2012 How's The Market

The Los Angeles area Real Estate market., should bottom out for home values in 2012, according to Zillow, and might even see a slight increase in values.

While prices will drop in many markets, total home sales are expected to continue to pick up this year amid affordable prices and low mortgage rates, factors that draw in second-home buyers …

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$25 Billion Loan Write Down Deal would Help Underwater Borrowers

by ritasimpson February 6, 2012 How's The Market

Government officials are closer than ever to settling on a 25 Billion dollars in loan write downs, re-fis and other homeowner assistance deal with   Ally Financial, Bank of America, JP Morgan Chase, and Wells Fargo. Still several sticking points remain.

The largest chunk of such a deal would be in the value of principal reductions …

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Thumbnail image for How Did 2011 Compare To 2010 in Malibu Real Estate?

How Did 2011 Compare To 2010 in Malibu Real Estate?

by ritasimpson February 1, 2012 How's The Market

Malibu Real Estate proved to be pretty stable in the last 2 years. No big swings except for the very high end at the beach which was a bit surprising.

For the land side properties properties under $2 million had an almost identical outcome both years with sales volume  around $96 million an unchanged median of …

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Thumbnail image for FED Pushing Creative Solutions To Strengthen Housing Sector

FED Pushing Creative Solutions To Strengthen Housing Sector

by ritasimpson January 9, 2012 Real Estate News

The Fed’s moves in the last few months suggest it may be worthwhile to pursue more aggressive actions in terms of loan modifications, mortgage refinancing and sales of foreclosed properties even if they cause greater short-term losses at Fannie and Freddie, and so by extension to taxpayers. A possible policy option would be for the …

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