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Wealth Has Never Been More Temporary

by on December 19, 2011 in Economy, Investing, Manhattan Beach Comments { 0 }

The Wall Street Journal published an article today called “The Truth About Money” that struck me as extremely relevant for Manhattan Beach residents. This excerpt says it...

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Manhattan Beach Home Sales Slip In September

by on October 4, 2011 in Blog, Economy, Manhattan Beach, Market Stats Comments { 1 }

September sales missed the mark, falling just short of what we’re used to seeing in closed sales for Manhattan Beach this time of year. A total of 29 single family residences...

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Stocks Crashing, How Is Manhattan Beach Real Estate Holding Up?

by on August 21, 2011 in Blog, Economy, Manhattan Beach, Market Stats Comments { 0 }

In an earlier article, I’d written that Manhattan Beach home prices are 33% correlated to movements in the S&P 500 stock market. Over the last month, U.S. stock markets have...

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How Obamacare Will Effect Manhattan Beach Real Estate

by on July 27, 2011 in Blog, Economy, Manhattan Beach Comments { 0 }

The Patient Protection and Affordable Care Act (PPACA), colloquially known as “Obamacare,” was passed into law last year under extremely divisive conditions. The Left...

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How Stocks Effect Manhattan Beach Home Prices

by on July 16, 2011 in Blog, Buying a Home, Economy, Investing, Manhattan Beach Comments { 4 }

Manhattan Beach is an affluent city with median household income registering more than twice the national average.  Higher income means residents have more financial assets than the...

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Will Down Payment Requirements Impact The South Bay?

by on July 6, 2011 in Blog, Buying a Home, Economy, Manhattan Beach, News Comments { 0 }

Six agencies, including the Department of Housing and Urban Development, Federal Deposit Insurance Corp., Federal Housing Finance Agency, Federal Reserve, are proposing risk retention...

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Do Interest Rates Matter For Housing?

by on July 1, 2011 in Blog, Economy, Investing, Mortgage Market Comments { 0 }

Will someone please tell me if interest rates matter for home prices? Conventional “wisdom” holds that low rates mean higher home prices, while high rates have the opposite...

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Rent Or Buy In The South Bay?

by on June 28, 2011 in Blog, Buying a Home, Economy, Manhattan Beach, Market Stats Comments { 1 }

To rent, or to buy: That is the question. It’s the question on a lot of minds after 3 years into the “Housing Bust.” But with mortgage rates low, prices about 20% off...

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Home Values Still Historically High: Does It Make Sense?

by on June 15, 2011 in Blog, Economy Comments { 0 }

Yale economist, Robert Shiller, mentioned in an interview today that home prices have been historically flat, going back a hundred years, from 1890 to 1990. Then, he says, housing...

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Manhattan Beach Pending Sales Point To Slump

by on July 5, 2010 in Blog, Economy, Manhattan Beach Comments { 3 }

The National Association of Realtors (NAR) announced a 30% drop in pending home sales in May, as home buyer tax credits expired. Given that Manhattan Beach real estate ranks on the...

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