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The Dirt on the Santa Monica Seller’s Market

Despite the cold weather lately, the housing market here in Santa Monica is still hot hot hot, especially for sellers. Want proof? Let’s take a look at the current Market Action Index (MAI). The MAI gives us a number for the balance between supply and demand using the current rate of sale versus the current inventory. Santa Monica’s current MAI is hovering around 48.… Continue Reading The Dirt on the Santa Monica Seller’s Market

The Dirt on SB 9 Part 2: The Fight Over Zoning Continu...

I’ve heard from most of my friends and clients that they oppose SB 9 and 10 and worry about the consequences of the bills. If you are like most people living in an R1 zoned area you might be happy to learn that some cities in California are pushing back. As you probably recall, senate bills 9 and 10 allow for the building of duplexes and fourplexes… Continue Reading The Dirt on SB 9 Part 2: The Fight Over Zoning Continues

The Dirt on the Promenade Part 2:
Patrolling Downto...

There is a turf war waging in Santa Monica’s downtown Promenade and it’s not between rival gang members (this time anyway!). Rather, it is between the Promenade’s business owners and the Mayor of Santa Monica. John Alle is a property owner suing the City of Santa Monica over the maintenance of the Promenade, or lack thereof. For months, he has complained to city officials… Continue Reading The Dirt on the Promenade Part 2:
Patrolling Downtown Santa Monica

The Dirt on Capital Gains

President Biden is set to work on the next phase of his economic agenda — a sprawling collection of programs that would invest in infrastructure, education, carbon-reduction and working parents. These infrastructure proposals are likely to require trillions of dollars in new tax revenue aimed at large corporations and high-income individuals. While Economists on both sides of the aisle are pleading their cases for,… Continue Reading The Dirt on Capital Gains

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.… Continue Reading India – A Lifechanging Journey

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The Post-Holiday Walk Dirt

  Well, if you were here last Friday night, you know how fun our party and Montana Ave was and if you missed it, check out a few fun photos here and put it on your calendar for next year – the 1st Friday of December is the date and you are invited! Interest rates have moved up a bit since the election last… Continue Reading The Post-Holiday Walk Dirt

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The Dirt on the Montana Avenue Holiday Walk

Are you going to join me this Friday at our Montana office party? If you are reading this email, you are invited! Our party is by invitation only. Be sure and mention me at the door. Bring your camera or camera phone for photos with Santa and his usual Santa’s Helpers, drink some holiday cheer and you will surely get into the holiday mood.… Continue Reading The Dirt on the Montana Avenue Holiday Walk

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Santa Monica Dirt

    One listing went into escrow yesterday – a really unique home at  524 11th Street –  Designed by Charles Ward. 3,419 square feet according to the MLS with 4 bedrooms and 5 baths on a 7,494 square foot lot.  List price is $4,900,000.  If this closes escrow at anywhere near this price, it will buoy several development deals in progress. $1,400 per… Continue Reading Santa Monica Dirt

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