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Malibu Local Nomenclature An Odd Mix

by ritasimpson January 9, 2012 Community Information

BY SUZANNE  GULDIMANN

Malibu Surfside News

 

Most Malibu residents adapt quickly to the local nomenclature, but even by California standards Malibu has an odd mix of place names. A never-to-be-forgotten visitor once stumped a resident with a request for directions to “ToppaAnga Sin,” and even among longtime residents the meaning of local names and their history is sometimes a …

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Big Funds Moving Into Housing

by ritasimpson January 4, 2012 How's The Market

“We believe housing is at a turning point, not just because of affordability and improving demographics,” says Darren Richman, a senior managing director at GSO. “The inventory picture has cleared meaningfully. It’s more in balance than it’s been in a long time.”

Behind the investor optimism: Pent-up housing demand, say industry observers. Record-low mortgage rates and …

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Three New & Notable Malibu Listings To Start The New Year

by ritasimpson January 4, 2012 How's The Market

Malibu offers good diversity of properties to choose from to suit almost every pocket. Here are three listings to start the New Year. You can sip your martini  and watch the dolphins swim by at the terrace of the lovely Victoria Point house for lease, just North of Broad Beach and spend less than 10K …

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Malibu Park Opportunity

by ritasimpson January 3, 2012 Malibu Park

Not many houses even in Malibu can compare to the charm of this Malibu home. Nestled in beautiful landscaped gardens with many entertaining but also meditative spaces, this artistic home is a treasure. The flow of the house is truly gracious and easy and the gardens weave through the living areas so naturally you will …

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Five Malibu Properties Around 2 Million

by ritasimpson January 2, 2012 Deal Of The Month

Here is a diverse selection of properties in malibu priced around $2 million each offering a different allure. One is steps from a secluded beach and is totally and very tastefully redone, another is a large estate in a gated community with great mountain views, which at one point was on the market at $6 …

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Five Malibu Beach Buys About One Million

by ritasimpson December 31, 2011 Deal Of The Month

If you are one that likes to be able to just walk down to the beach but doesn’t want to spend 5 million or more for a beach front house in Malibu, there are some great options right now on homes with easy access to the best beaches.

These are not beach homes per se but …

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5 Events That Impacted Real Estate in 2011

by ritasimpson December 30, 2011 How's The Market

In a recent Article in Times Magazine author Jed Kolko enumerated 5 events that helped shape the real estate market in 2011. Although those present a Macro view of the issues  they do affect our unique Malibu Real Estate Market.

For example, as a result of the Robot signing scandal,  2011 stalled foreclosures will pick up …

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Adjustment in Affordable Units Required in Malibu

by ritasimpson December 28, 2011 Community Information

The City of Malibu, which is currently rezoning properties to meet a state requirement proving it can accommodate 441 units of affordable housing, has been informed that number has dropped to two.

The City’s Planning Department contention always was that the 441 numbers were based on faulty growth forecast numbers. In the last 10 Years the …

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Malibu West Homeowners Worry as GHAD Bills Mount

by ritasimpson December 28, 2011 Community Information

As the bills accumulate  for preliminary work done for the Broad Beach Geological Hazard Abatement District, Malibu West homeowners, who collectively own one lot on Broad Beach, are becoming increasingly concerned about just how much ultimately the GHAD might cost the residents of the more financially modest neighborhood.

Malibu West is involved in the GHAD project, an attempt to restore …

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New Beach in Malibu

by ritasimpson December 28, 2011 Community Information

A one-mile stretch of beach has been fenced off from Pacific Coast Highway for decades. One city council member wants the County of Los Angeles to either improve public access or transfer control over the beach to the city, but county officials say a transfer of control isn’t in the cards. The beach is open to …

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