I have a new lease available January 1st by a well-known owner. It’s a stylish family home with jaw dropping beach and ocean views, overlooking the famous Santa Monica and Pacific Palisades skyline. This property is a true gem with exquisite features throughout, perfect for entertaining. Here is your real time MLS data: On the week of Thanksgiving, there’s one new listing that came… Continue Reading Celebrity Dirt
Right now, between Montana Avenue and San Vicente there are only 8 homes available for sale. There are 10 homes under contract (in escrow) and 23 have closed in the past 90 days. Of the 10 homes in escrow, 9 of them had multiple offers when sold. The “Backup” column indicates that the home is still being shown for backup offer purposes (contingencies have… Continue Reading Santa Monica Dirt: Common Knowledge or Dirty Little Secret?
Pence Hathorn Silver had a 30% market share North of Montana in 2012. This is 200% more than our closest competitor. The reasons are numerous and chief among them: Pence Hathorn Properties sold 10% faster and for 11% more money than Multiple Listing Service reports and we had a 99% List Price to Sales Price average ratio. But here is the real kicker –… Continue Reading Pence Hathorn Silver ‘Dirt’ier than ever!
Santa Monica Dirt by John Hathorn July 25th, 2012 Last weekend the Montana Avenue Merchant Association hosted the Third Annual Montana Avenue Artwalk. As one of the participants, Pence Hathorn Silver held a very successful children’s art contest. The turnout was fantastic as kids beamed with pride, showing off their talents. Each participant was given a certificate and “goody bag,” while our grand prize… Continue Reading A Successful Children’s Art Contest!
Santa Monica Dirt by John Hathorn June 21st, 2012 So, it looks like my prediction of a summer slowdown for the North of Montana Avenue real estate may have been a tad hasty. As soon as 346 16th St. hit the market, agents and buyers were clamoring for appointments and offer presentation opportunities. The home, near Marguerita Ave. was listed for $2.5 million and… Continue Reading 11 Purchase Offers for 16th Street Home!
Santa Monica Dirt by John Hathorn May 24th, 2012 By the time some of you read this, the restriping of Montana Ave. will be complete and include the addition of buffered bike lanes between Ocean Ave. and 17th Street. The way I understand it, “buffered” bike lanes are designed to buffer the cyclists from car drivers and vice-versa. Many major cities throughout the US have… Continue Reading Buffered Bike Lanes Coming To Montana Avenue
Santa Monica Dirt by John Hathorn May 16th 2012: Buyers demand is up, supply is down, pent-up demand – fueled by prices that are still off their peaks – and continued low interest rates result in Buyer confidence and a heated start to the 2nd quarter. These conditions and Buyers missing out on one or more properties due to multiple competing offers have created… Continue Reading First Quarter 2012 Way Up Over First Quarter 2011
Santa Monica Dirt by John Hathorn May 11th, 2012 I met with a homeowner last Sunday that said he has a friend that is in escrow to buy a home that had been on and off the market for several months. He says the purchase contract is for more than $30,000,000! The home is still under construction. It is located on a very large lot… Continue Reading $30 Million Home Sale in Santa Monica?