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Category Archives: Blog

Santa Monica Dirt Buyers

With Westside real estate prices at all-time highs people keep asking me “who are the buyers for all these properties?” Well, as usual, it is a mixed bag of buyers. Here is the dirt on 10 of our recent sales. The most expensive properties were sold to a novelist from Spain and to an investor whose primary business is parking lots. Several entertainment professionals …

Traffic Dirt

Westside traffic can be a soul crushing experience. Did you know that the Westside of Los Angeles is ranked as the worst traffic-clogged urban area in the entire US? The old approach of in civil engineering has been simply to build more roads. Sadly, that has never seemed to resolve the traffic problems. Do you remember when rush hour was an hour? Now it’s …

Spring Market Has Sprung

Multiple offers and sales closing well over the list price are again the norm this Spring in the north Santa Monica market. This dirt is hot! 251 24th is a two-story Spanish style home on the corner of 24th and Georgina that listed 10 days ago for $5,995,000. $6.3, or better, was the counter offer to all bidders. It’s a very romantic, emotional home …

When Is The Sale Price Not The Sale Price?

  When Is a Sale Price Not The Sale Price? So, a sale that closed last week on 21st Place shows up online, with a somewhat artificially low closed sale price. The Buyer – who happens to be a real estate broker and the Seller agreed that rather than receive a sales commission from the Seller, the Seller reduce the sale price of the …

The Dirt on Montana Avenue’s Commercial Real Estate

Since my group, Pence Hathorn Silver, has been selling Santa Monica real estate from Montana Avenue for over 30 years, people assume that not only do I know all there is to know about houses and condos, but also Montana Avenue stores, rents and trends. Because of this, I do try to keep up, hence this interview with one of my commercial real estate …

Santa MonicaSnapshot Loraine Silver Blog

India – A Lifechanging Journey

Namaste. Welcome to India! It was an epic adventure and I want to share it with you. Our first stop – the Oberoi Villas in Jaipur. A very lavish hotel boasting 30 beautiful acres. Originally the residence of the Maharaja, now converted into the spa & pool area of the hotel. 300 year old Shiva temple located on the grounds. Beautiful architecture and surroundings. …

Palisades Village Shann Silver

Palisades Village

Palisades Village is finally open and we couldn’t wait to check it out. The Village is in the heart of the Pacific Palisades with over 40 unique and curated boutiques, entertainment and dining options. The Legendary Bay Theater is to be revived by Cinepolis USA with 5 screening rooms, 40-60 luxury recliner seats and call buttons for both food and bar service. Stop by …

Forbes: Housing 1998-2018: America’s Most Expens...

By Andrew De Pietro via Forbes.com                            In part one of the study, Housing 1998-2018: A Look At Markets Utterly Broken By The Crash, we examined the string of real estate markets dealt irreparable damage by the housing crash in 2006-2007 and its fallout. In part two, we’re looking at the most expensive …

Blog Oct 03, 2018 0 Continue Reading
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