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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 …

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 …

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. …

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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