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Manhattan Beach Home Sales Close Strong in 2011

by on January 4, 2012 in Blog, Manhattan Beach Comments { 0 }

Despite news that the rest of the country’s housing market is still in the doldrums, and that the National Association of Realtors(R) made a humiliating downward revision to home...

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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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November Sales Surge 16 Percent In Manhattan Beach

by on December 7, 2011 in Blog, Manhattan Beach, Market Stats Comments { 0 }

Watching CNBC can easily make one believe the sky is falling. Daily we are bombarded with news of the Euro zone moving towards collapse, runaway budget deficits from Congress, and...

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October Sales Exactly As Expected

by on November 7, 2011 in Blog, Manhattan Beach, Market Stats Comments { 0 }

A sizzling summer is officially over for the Manhattan Beach real estate market, and the Fall and early Winter doldrums are upon us. That said, the 23 closed sales in October came in...

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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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Healthy August for Manhattan Beach Real Estate

by on September 7, 2011 in Blog, Manhattan Beach, Market Stats Comments { 1 }

With 39 closed sales totaling $70.8 million the Manhattan Beach real estate market is coming off a modestly healthy August. 30 of those sales were 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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Manhattan Beach Market Update, Aug 6th 2011

by on August 6, 2011 in Blog, Manhattan Beach Comments { 0 }

There are 110 homes listed for sale in Manhattan Beach, as of this weekend. The total listing value is nearly $250 million, with an average listing price of $2,317,751 and a median of...

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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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