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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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Rising Rents Make Buying More Attractive

by on July 9, 2011 in Blog, Buying a Home, Investing, Manhattan Beach, Market Stats Comments { 0 }

It’s official: Rental rates are on the rise! Constrained supply of new apartments, and several years of slumping housing markets are driving vacancy rates lower. Reis, Inc....

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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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Manhattan Beach Home Sales Smash Expectations In July

by on August 15, 2010 in Blog, Manhattan Beach, Market Stats Comments { 0 }

There was widespread belief in a national housing slump following expiration of first-time home buyer tax credits in the second quarter of 2010. The National Association of Realtors...

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Manhattan Beach Real Estate Booming In June

by on July 5, 2010 in Blog, Manhattan Beach, Market Stats Comments { 2 }

The Manhattan Beach real estate market kicked butt through the end of June! The second quarter (Q2) of 2010 saw Manhattan Beach single family residence (SFR) prices rise 8% compared to...

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Home Sales And Mortgage Rates Down..Huh?

by on June 23, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 0 }

Conventional [government] logic is that low interest rates, capital subsidies, and encouraging words of home ownership bliss will spur housing demand. While this is certainly true...

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