Malibu Homes

Thumbnail image for Malibu Posted The Most Expensive Real Estate Sale In The Nation Last Year

Malibu Posted The Most Expensive Real Estate Sale In The Nation Last Year

by ritasimpson February 7, 2014 How's The Market

 Luxury sales came roaring back to Southern California last year, and there is no reason to expect less this year.

Sales of homes priced over $1 million went up by 45% last year compared to 2012, and just 8% shy of the sales volume of homes over $1 million in 2007!

Malibu notched the most expensive sale last …

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Thumbnail image for Point Dume, Malibu, Best Buy Home

Point Dume, Malibu, Best Buy Home

by ritasimpson February 1, 2014 Deal Of The Month

Sometimes opportunity knocks. This is it: Under $3 million

Ideal Pt. Dume property with private beach key.

Almost one acre useable with lighted tennis court.

Move in condition. Main house has 3 bedrooms, 2 bathrooms, plus room and bath off garage. Room for pool.

Incredible investment opportunity.

Come see it before it goes! 310-617-0996

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Thumbnail image for Curious About Comparative Appreciation Malibu Beach Homes Versus Land Side Properties?

Curious About Comparative Appreciation Malibu Beach Homes Versus Land Side Properties?

by ritasimpson January 11, 2014 Malibu Market Update

Curious  about comparative appreciation between Malibu beach homes versus land side properties over the years?

I pulled the sales information from the MLS from 1998 to the end of 2013 and here is what I found:

For the Beach front properties:

On average  the Price per SqFt has been consistently up for 16 years with  few exceptions, and has more …

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Thumbnail image for Herb Alpert Talks About How He Got His Malibu Property

Herb Alpert Talks About How He Got His Malibu Property

by ritasimpson November 15, 2013 Encinal Bluffs

Trumpeter-producer Herb Alpert, 78, who has won eight Grammy awards and is the only recording artist to have a No. 1 hit as a vocalist (“This Guy’s in Love With You,” 1968)talks about his beloved property in Malibu

One day in 1971, my secretary told me that a movie director she knew who lived on 6 …

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Thumbnail image for Extending The Lock On Your Rate Up to 360 Days!

Extending The Lock On Your Rate Up to 360 Days!

by ritasimpson November 1, 2013 How's The Market

Jumbo-mortgage applicants are demanding long-term rate “locks” while they close on their homes. And rather than settle for the standard lock of a month or two, they’re asking lenders for commitments of as much as a year!

Rate locks provide protection and peace of mind in a rising-rate environment. Long-term locks are rarely free. Borrowers who want …

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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 Gorgeous Penthouse Under $4 million

Gorgeous Penthouse Under $4 million

by ritasimpson September 14, 2013 Deal Of The Month

It’s a rare find! New York sophistication by the beach. Half way closer to town, yet steps from the beach. Take a look at this single-level penthouse with insane views of the Pacific Ocean in newly completed  building.

Soaring ceilings throughout with two major skylights, reclaimed white oak flooring in a chevron pattern, signature exposed …

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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 The Serenity of Malibu Available for Lease or Sale

The Serenity of Malibu Available for Lease or Sale

by ritasimpson April 9, 2013 Deal Of The Month

Virtual Tour  Ditch the stress and come home to this serene villa in the hills of Malibu overlooking the great pacific. This gorgeous Malibu Estate is available for Lease at $8,500/month or for Sale at $2,495,000. One of the best buys in Malibu today!

Spectacular views from every room of this romantic family home. Behind gates, unique …

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Thumbnail image for Malibu Real Estate Market Update

Malibu Real Estate Market Update

by ritasimpson November 7, 2012 How's The Market

It’s been a great year for Malibu Beach Home sales, especially for those priced between $5 and $10 million. In this bracket sales surged 933% from the sales last year in the same price bracket, quite a surge! meanwhile the priced paid per square foot of those homes dropped by an average of 25% although …

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