SILICON BEACH REAL ESTATE SNAPSHOT

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Real Estate Broker/Owner - Sotheby's International Realty
RECENT BLOG POSTS
by Jodi Summers Bet you didn’t know that the ancient Sumerian city of Uruk was one of the first master-planned cities. Uruk was situated on an ancient channel of the Euphrates River, some 30 km east of modern As-Samawah, Al-Muthannā, Iraq,  The city was the main force of urbanization during the U...
04/20/2014
by Jodi Summers Here’s an interesting factoid to drop into your conversation. A total 344 residences in Santa Monica sold for more than $1,000,000 in 2013, according to the MLS. 230 of those properties are houses, 114 are condos. 37 of those properties are in Ocean Park. In California, 39,145 hom...
03/05/2014
by Jodi Summers Two+ years ago, Google ditched their digs in downtown Santa Monica and expanded into Venice. They took over the landmark binocular building on Main St., leasing 100,000 square feet in three buildings for hundreds of employees. Other technology monsters and puppies followed, and ou...
01/11/2014
by Jodi Summers The residential real estate trends of the Silicon Beach cities Santa Monica and Venice that of their great mother, Los Angeles, only exponentially more intense. Affordable housing for sale is a precious commodity. Around SoCal, inventory-starved, lower-cost markets lag well behind...
12/03/2013
by Jodi Summers The world loves the Santa Monica Pier. It’s top 10 in popularity for Instagram locations. The view of the Pier from the balcony is one of the many selling points for the new multimillion dollar Waverly and Seychelle condos at the Village @ Santa Monica.  We enjoy the Santa Monica ...
11/17/2013
by Jodi Summers We’ve all laughed at the postcard of multimillion California homes….but the scary thing is that is becoming reality. In Santa Monica, the million-dollar “shack “is a century-old bungalow by the beach in need of rehabbing. This has become the bottom of the seaside single family res...
10/26/2013
by Jodi Summers Landlords get ready; it’s the attack of the Echo Boomers – your Deadhead friends’ kids who are now in college, out of school and starting families. They’ve been hibernating during the recession - living in their parents’ basement or with multiple roommates. Now is their time, they...
10/16/2013
by Jodi Summers Okay, so out in the real world: the National Association of Realtors reports that the U.S. median existing single-family home price was $212,200 in August, which is 14.4% higher than a year ago. In Los Angeles County, sales were down by 5.9% over the year to August while the media...
09/29/2013
by Jodi Summers If you own real estate at the beach, life is like a holiday by the sea, today is good, tomorrow even better.  As you enjoy the ocean, the  equity just keeps on rising. Figure if California real estate is strong, coastal real estate is stronger. And, BTW, California real estate is ...
09/02/2013
by Jodi Summers it is indispensable to have the proper insurances in place. That way, your investment stays your investment and does not become your liability. Remember, the primary objective of your rental business should be to make money…and keep what you made. To maximize your investment, you ...
08/20/2013
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Our ActiveRain Los Angeles Apartment Real Estate Blog contains excerts from the Southern California Multiunit Real Estate Blog @ www.SoCalMultiUnitRealEstateBlog.com We offer the keys to understanding the multiunit apartment building market in Los Angeles, Ventura, San Diego + Orange counties. It is one of several blogs created + maintained by The SoCal Investment Real Estate Group. Our websites + blogs include: www.SoCalInvestmentRealEstate.com www.SantaMonicaLandmarks.com www.SoCalIndustrialRealEstateBlog.com www.SoCalOfficeRealEstateBlog.com www.SoCalMultiUnitRealEstateBlog.com www.SoCalGreenRealEstateBlog.com www.SantaMonicaPropertyBlog.com