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Santa Monica, CA Real Estate News

By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Santa Monica, is “California’s Most Celebrated Beach City” and one of National Geographic’s “Top 10 Beach Cities in the World” with many award-winning hotels, restaurants and attractions.  There are various distinct neighborhoods (see Santa Monica community information), each with its own unique character, and varied housing affordability.  The closer to the ocean and the further north you go, the more expensive it gets. For the purposes of this Santa Monica housing market report the areas will be broken down by zip code. Santa Monica Single Family Homes 90401 - Downtown Santa Monica Sold Median High Low Active Pending  2  $3,537,500 $5,825,000  $1,250,000 3 0 90402 - which includes the areas of Santa Monica Canyon, North of San Vicente,  and North of Montana and the northern part of Oc...
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
Santa Monica Real Estate – Single Family Homes: Active Listings: 70* Short Sales – 2* Bank Owned/REO – 0 Of the 70 active Santa Monica homes for sale,21 had their List Price decreased, and none of them actually increased in list price...continue reading
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
Great news! The short-sale process is now expected to get shorter! On June 15, Fannie Mae announced that it is now instructing servicers to speed up short sale transactions and enhance communication while reviewing short sale applications. This is part of the Federal Housing Finance Agency’ Servicing Alignment Initiative to complement the servicing and loss mitigation standards of Fannie Mae and Freddie Mac...continue reading
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
GIVE CHANCE THE CHANCE HE DESERVES ! This was sent to me PLEASE Help!  Chance is a gorgeous red pitty, about four years old, who was rescued from the worst conditions imaginable. Shockingly, Chance remains the sweetest gentlest soul. He is good with other dogs, good with people and good with kids!       Unfortunately Chance is now at the Santa Monica shelter. Chance was rescued from an abusive home where he was tasered regularly and beaten!! But he continues to smile and lick every human who comes his way. Despite all the abuse and neglect Chance has suffered, he remains very affectionate. He's a wise old soul who knows that there are better humans out there, and he is not going to let his past rule his present and future. Go Chance!       Chance was overjoyed to finally go outside of h...
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
Santa Monica Real Estate – Single Family Homes: Active Listings: 77* Short Sales – 4* Bank Owned/REO – 1 Of the 77 active Santa Monica homes for sale, 19 had their List Price decreased, and 1 of them actually increased in list price...continue reading
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
You are relocating and looking for a rental property in Los Angeles.  Try Santa Monica. Why live in Santa Monica?  Here are some reasons: The Santa Monica-Malibu School District is excellent, and includes Roosevelt Elementary, Franklin Elementary, and Santa Monica High. The air is fresher and the days cooler near the ocean. Restaurants, shopping and entertainment abound:  including Third Street Promenade, Main Street, Santa Monica Pier and Montana Avenue. Santa Monica is 10 miles from the Los Angeles International Airport and a fairly easy drive avoiding the freeway. In a car-centric state, Santa Monica has earned a reputation as a bike-friendly city.  And it has one of the best bus services in the area, the Big Blue Bus. Here is an overview of rental properties in Santa Monica.  The cl...
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
FIG Restaurant Santa Monica101 Wilshire Blvd, Santa Monica, CA 90401310- 319-3111Email: info@figsantamonica.comWeb site link: http://figsantamonica.com/ FIG Santa Monica is a seasonal bistro with an emphasis on organically grown and locally sourced ingredients, located at the Fairmont Hotel. It is suitably named after the 125 year old Moreton Bay Fig tree surrounding the hotel’s entrance. The hotel location was once a private estate of Senator Percival Jones, and the tree has been planted there more than a hundred years ago...continue reading
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
The U.S. Department of Justice (DOJ) and the state attorneys general have agreed to the conditions of a global settlement with the leading mortgage servicers, which include Bank of America. This government agreement will be giving a huge boost to a continuing commitment of giving aid and assistance to homeowners who are struggling to make their mortgage payments by extending their other options...continue reading
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By Kim & Kristine Halverson, Sisters, Realtors
(Sotheby's & Knipe ERA)
Is Home Buying Right For You? As Featured in Made Woman Magazine Knowing when to buy a home comes down to one thing and one thing only: it’s time when you decide it's right. Yes, you have to deal with banks, real estate agents, saving money, and finding the best home for you wherever you are at in life. But the first step is being mentally prepared for the big decisions ahead.It’s common for a woman to see owning a home as a symbolic change -- it represents a new level of growth and responsibility. Choosing the colors you’ll paint your walls, the carpets, the furniture, and which appliances you’ll need are all big decisions that can feel extremely liberating to make! And most liberating of all? Putting your hard-earned cash towards your own mortgage instead of paying rent to someone els...
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
Santa Monica Real Estate – Single Family Homes: Active Listings: 79* Short Sales – 4* Bank Owned/REO – 1 Of the 79 active Santa Monica homes for sale, 18 had their List Price decreased, and 2 of them actually increased in list price...continue reading
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Saturday everyone! I hope you are having a great weekend and are enjoying the beautiful weather. Here are a few fun ideas for this weekend: Altered Space Gallery: Todd Reed Trunk Show Beyond Baroque: Ellyn Maybe's Poetry Rodeo & Potluck Party Santa Monica Saturdays with LA Opera: recurring mnonthly on the 3rd Saturday. Main Library's multipurpose room, 601 Santa Monica BLVD. 310.458.8600 visit website  
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy hump day everyone! I hope you are enjoying the week and getting ready for the weekend ahead.  There are so many great things happening in my life right now, I dont know where to begin.. First I would like to say how blessed I am to have a beautiful wife and daughter who are my biggest fans. Secondly I am so fortunate to have the opportunity to work with such an amazing team of agents at Westside Properties. Third, I am in process of opening another business and will be sure to keep you posted as soon as construction is complete. Have a great day and don't forget to contact me if you would like assistance in selling or purchasing Real Estate.  
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By Dana Ehrlich, Seniors Real Estate Specialist
(Mint Real Estate)
Santa Monica Real Estate – Single Family Homes: Active Listings: 78* Short Sales – 4* Bank Owned/REO – 0 Of the 78 active Santa Monica homes for sale, 17 had their List Price decreased, and 2 of them actually increased in list price...continue reading
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By Kim & Kristine Halverson, Sisters, Realtors
(Sotheby's & Knipe ERA)
I've been holding out on this new delightful cafe, North of Wilshire, Santa Monica, CA.  It's within walking distance to my office which is both good and bad.   Good for my taste buds and bad, really bad since I love their pastries.  It's difficult to find a place that has pastries I love and crave.   I went for breakfast on Saturday and ordered a fritatta with asparagus, green onion, and goat cheese.  It came with a little salad on top. It was made fresh to order, light and yummy! It was so good and part of me was eating it so I could order desert. Just as I was finishing my breakfast they brought out a freshly made tray of Apricot tarts! The filling is vanilla custard. I ordered a corner piece with a Vanilla Latte. It was so tasty and good. This cafe is owned by a local family. It's a...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Let’s check out the Santa Monica housing market so far this year. Santa Monica Homes Under $2 Million Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption 63 $1,200,000 $659.01 11 36 29 9   Santa Monica Homes $2 to $5 million Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption 31 $2,717,000 $847.37 8 35 14 11   Santa Monica Homes $5 to $10 Million Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption 5 $7,400,000 $897.00 2 5 2 1   Santa Monica Homes for sale over $10 Million Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption 0       1 1 0 ** Santa Monica Condos under $2 Million Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption 155 $650,000 $563.50 33 94 97 36   Santa Monica Cond...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Santa Monica Short Sale Realtor. As a Santa Monica Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Santa Monica Short Sale Realtor to help answer any questions you have in regards to Santa Monica Short Sales. Short Sale My Santa Monica Home Lloyd Cullen is a local Santa Monica Short Sale Expert with experienced Santa Monica Short Sale Agents here to assist you.   Short Sale My Santa Monica Home We specialize in Short Sales for Santa Monica and Surrounding Areas Few homeowners would rather undergo bankruptcy than avoid foreclosure in Santa Monica. Banks and real estate professionals can help. Often the solution is to sell a Santa Monica home as a short sale, which a...
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By The Condo Showroom The Condo Showroom
(The Condo Showroom)
  High-rise condominiums in Santa Monica   Most of Santa Monica California is nestled up against the Pacific Ocean with lower rise condominiums, resorts and hotels. There are also an abundance of lofts in the Santa Monica area such as the Broadway and the Sailhouse Lofts. But for those high-rise, luxury type condominiums, Santa Monica only has a few. This is typically due to height restrictions and conditions that would require certain modifications. Among the high-rise condominiums in Santa Monica the choices are El Tovar, Ocean Towers, and Santa Monica Bay Tower.  El Tovar is the lowest of the high-rise condominiums in Santa Monica being just six stories high, but these elaborate and luxurious condominiums features only 22 units and allows for creative design and extremely generous la...
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By Kim & Kristine Halverson, Sisters, Realtors
(Sotheby's & Knipe ERA)
The Sea Colony I Townhomes in Santa Monica, CA offer ocean views and the ultimate So Cal lifestyle.  They are in the prime location literally steps to Santa Monica's, Ocean Park Beach.     There are 3 different condo buildings all within walking distance of each other.  Two of the three buildings are condo's. This building is different than the other two since they are townhomes. Sea Colony I in Santa Monica, CA was built in 1979, as unique townhomes that have their own private street, named Sea Colony Drive, and private 2 car garage. There are two rows of 43 multi-level townhomes.   The first row of townhomes are two levels with direct ocean views. The second row of townhomes are three levels with ocean views on the top level. There are three different styles of townhomes to chose.  Tw...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Santa Monica Short Sale Realtor. As a Santa Monica Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Santa Monica Short Sale Realtor to help answer any questions you have in regards to Santa Monica Short Sales. Santa Monica Short Sale Realtor Lloyd Cullen is a local Santa Monica Short Sale Expert with experienced Santa Monica Short Sale Agents here to assist you.   Santa Monica Short Sale Realtor We specialize in Short Sales for Santa Monica and Surrounding Areas You cannot always help the financial situation that you are in but an experienced Santa Monica Short Sale Agent with Lloyd Cullen Real Estate can help you see the light when it comes to your Santa Monica Sho...
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