Tag Archives: Manhattan Beach

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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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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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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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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Manhattan Beach Sales Volume

by on June 18, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 1 }

If you have not yet heard the news, the US is in a housing recession. The story is no different for South Bay real estate. We may be cushioned from most of the world in our luxurious...

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White House Wants To End Tax Break For Wealthy Homeowners

by on June 12, 2010 in Blog, Economy, Investing, Manhattan Beach Comments { 2 }

The White House is urging Congress to limit, or cut, the once untouchable tax break for mortgage interest. In traditional class warfare parlance, the White House cap on mortgage...

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Fannie Mae Economist: Housing Recovery In 2013

by on June 12, 2010 in Blog, Economy, Manhattan Beach Comments { 0 }

Fannie Mae’s Chief Economist, Doug Duncan, predicts national housing markets will not recover until 2013. He predicts prices will decline another 1% to 3% before bottoming in the...

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What Do Pending Home Sales Mean For The South Bay?

by on June 10, 2010 in Blog, Economy, Investing, Manhattan Beach, Market Stats, News Comments { 0 }

Pending home sales have risen for three consecutive months, according to the National Association of Realtors®. The United States index rose 6%, and the Western states index increased...

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A Busy May In Manhattan Beach

by on June 9, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 2 }

The month of May turned out to be a busy time for Manhattan Beach real estate, particularly for the single family residence (SFR) market. SFR volume increased 80% to 36 closed sales...

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