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Santa Monica Dirt

New price: 325 Georgina Ave

Transfer Tax Dirt: How Will This Impact the Santa Moni...

The “mansion tax” was passed both in Santa Monica and Los Angeles yet most agree it is a wealth tax. The National Association of Realtors (NAR) has recently predicted that there will be a decline in home sales over the next few years. A proposed mixed-use development project at 2668 2nd Street has been met with significant opposition from residents who are concerned about the impact on traffic and parking in the area. Continue Reading Transfer Tax Dirt: How Will This Impact the Santa Monica Housing Market?

A Development Boom in the Cards for Santa Monica?

The state of California has closed a loophole that allowed developers to build without approval from the city. Continue Reading A Development Boom in the Cards for Santa Monica?

Inflation and Spec Homes:

Find out how the rise of inflation and subsequent increase in mortgage rates affects spec homebuilders in Santa Monica. Continue Reading Inflation and Spec Homes:

Market Prediction Score Card

How did I do with my 2022 housing market predictions? Read on to find out. Continue Reading Market Prediction Score Card

Miscellaneous End of Summer Musings 

A few random musings from the lingering summer days…a trip to Italy, Oktoberfest in Munich, and a little bit about real estate here in Santa Monica. Continue Reading Miscellaneous End of Summer Musings 

The Dirt on 1221 Ocean Avenue

If you haven’t heard, 1221 Ocean Avenue (a 120-unit apartment building located just South of Wilshire Boulevard in Santa Monica) has been sold to the Douglas Emmet real estate trust for a whopping $330 million according to The Real Deal.com. Not only is this an impressive purchase, it also means the previous owner of the property, The Irvine Company, no longer has any residential… Continue Reading The Dirt on 1221 Ocean Avenue

Happy Mother's Day

Mother’s Day Recommendations in Santa Monica

Mother’s Day and the brunching go hand-in-hand. And since your mom probably isn’t into Denny’s Lumberjack Slam, here are a few suggestions for a more impressive brunch in Santa Monica. Whether you are headed to Montana Avenue, Ocean Avenue, Ocean Park,  you can’t really go wrong with lots of mimosas so, you’re welcome.  And to all mothers, grandmas, stepmoms, foster moms and aunties, too,… Continue Reading Mother’s Day Recommendations in Santa Monica

The Dirt on Who Is Buying: The New Neighbors of the We...

With Westside real estate prices at all-time highs, people have once again been asking me “who are the people buying all these expensive properties?” I answered that question back in May of 2019 and here is my update for 2022. Buyers of some of our recent transactions include: A financial services executive who closed last week on an Ocean Avenue, North of Montana, penthouse condo that… Continue Reading The Dirt on Who Is Buying: The New Neighbors of the Westside

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