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Category Archives: Santa Monica Dirt

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 …

1016 San Vicente Santa Monica Homes For Sale Real Estate

What’s Up? What’s Down? What’s going On?

12 houses have come to the North of Montana Avenue market in the past 4 weeks and so far, only 1 of them has sold. If you are reading this in our Santa Monica Dirt magazine, it is possible that all, or none, of them are now sold. If you are reading this online at, there is a pretty good chance only 1 …

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Santa Monica School Dirt

Used to be that right after Labor Day was when children went back to school and parents would resume shopping for new homes. Now, with school calendar having shifted, summer vacations tend to be scattered and it is a little tougher to predict the rhythm and flow of the market. What used to by typical seasonal slowdowns because of school/family vacations are now easily …

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Strange Daze

Santa Monica Dirt Summer 2018 I have heard from a few colleagues that their business is slow and that their listings are not selling. In an effort to reassure, I often remind agents that unless a home is really priced carefully (read – under market value) the chances of a sale in the summer are a little dicier than Spring and Fall. This is …

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Battle of the Birds!

Have you noticed the new “Lime” scooters alongside the notorious Birds? Of course you have. They are on nearly every street and corner of the City. The company, LimeBike, dropped the “bike” and is now (also) in the electric scooter transportation business. The competition is yet another hit to Bird’s business after a $300k legal battle over allegations that Bird failed secure a business …

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The Dirt On Airbnb

Another round of litigation between the Santa Monica and the AirBnB/HomeAway legal team ended badly for the short-term rental online platform. AirBnb & HomeAway recently attempted to challenge the March ruling that sided with Santa Monica. The lawsuit was an attempt to remove the city’s ability to penalize the online platforms for aiding & facilitating locally unlawful business transactions violating the Home Sharing Ordinance. …

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6 Fun Things To Do In Santa Monica This Summer

6 Fun Things to do In Santa Monica This Summer Whether you’re staying local this summer or planning to entertain visitors, there are quite a few events to help keep the adults and children occupied. Here are 6 fun things to do right here in our own backyard.   Candytopia If you and/or your family have ever dreamt of walking around a real-life Candyland …

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