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Buyer Indecision

Santa Monica Dirt by John Hathorn March 16th, 2012 Buyer indecision that had pervaded the bull market north of Montana starting a few months ago has given second – chance opportunities to lucky Buyers this week.   Active/ Available New Listings 477 21st Pl. –   4bd + 5.5ba.  $3,495,000.   Re – List (sort of)   This could only be purchased as part of a two – …

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Big News – 9 Million Dollar Sale

Santa Monica Dirt by John Hathorn March 8th, 2012 The big news this week is the Pence Hathorn Silver sale of 2202 Georgina.  Construction began in 2010 on this magnificent apx. 11,000 sq. ft. home.  It has 3 levels, 6 bedrooms (den/ office can be 7th bedroom), 8 bathrooms and after nearly 2 years was sold to a local resident who fell in love …

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Typical Cycles Return

Santa Monica Dirt by John Hathorn March 2nd, 2012 Finally we can say again with certainty that the typical cycles of the Westside real estate market are showing themselves. For years we have told Buyers and Sellers that the Spring market begins in mid-February, right after the Superbowl though some years, this market failed to materialize and there was really no rhythm or predictability …

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Brisk Market with Multiple Offers

Santa Monica Dirt by John Hathorn February 16th, 2012 Active/ Available New Listings New listings continue to come and go at about the same pace as the past weeks (2 -3 new listings and 2-3 sales each week since the first of the new year). The “feel” of the market is brisk, with multiple offers on anything priced properly, meaning Buyers recognize when a …

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Lot Value Homes Poised to Sell with Multiple Offers

Santa Monica Dirt by John Hathorn February 16th, 2012 There are several properties either listed, sold or closed  in the 90402 North of Montana Ave. market to write about this week.  Two of them are new listings being offered for land value, one with plans for a new home on a Gillette’s Regent 60 X 149’ lot and another on a 50 X 150 …

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Hot New Listing has the Phones Ringing Non-Stop!

Santa Monica Dirt by John Hathorn February 10, 2012 Active/ Available New Listings The hot new listing this week is my 339 20th St. (see photo on the right).  The minute this house hit the MLS the phones started ringing non-stop.  Since this is a Trust Sale, there will be limited Seller disclosures (the Seller never lived on the property). Offers that have no …

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Super Bowl Marks Begining of “Sellers SeasonR...

Santa Monica Dirt by John Hathorn February 3rd. 2012 The market in North Santa Monica continues to build as we near the traditional “after the Super Bowl” launch of new listings hitting the market. I have for years advised sellers to consider getting a jump on the competition by placing their homes on the market well before the traditional “Spring Selling Season” inventory typically …

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Properties That Sold For More Than List Price

Santa Monica Dirt by John Hathorn January 26th, 2012 Active/ Available New Listings 1424 Marguerita Ave. –  5bd + 4.5ba.  $2,999,000.   New Listing, probably will sell quickly. Being sold by its original owner of 1982. Nice location on 15th and Marguerita. Small but adequate backyard. 363 21st Pl. –  4bd + 3.75ba.  $2,550,000.   Newly relisted.   We had this home on the market a few …

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