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Mid Year Santa Monica Dirt Real Estate Blog

Mid-Year Dirt

The first half of the years seems like it flew by and with it behind us, its interesting to look back and see what happened, or maybe more appropriately, ask, “What didn’t happen?”. The Santa Monica real estate market is mixed. Very mixed. Some houses are selling quickly and others not at all. (More on that later). So, what didn’t happen? Interest rates did …

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 …

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 SantaMonicaDirt.com, there is a pretty good chance only 1 …

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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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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Top 10 Most Popular Home Additions

I was recently talking with colleagues about some of the popular and cool changes we’ve been seeing over the past few years in home construction.   I asked each of them which of the following 10 items they think have made the biggest improvement in the enjoyment of a home: Sonos Music Systems Crestron type control systems Nest Thermostats Gadget type toilets Hue lighting …

Blog Jul 06, 2018 0 Continue Reading
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