Tag Archives: property

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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Homeowner Equity: The Road To Serfdom

by on June 14, 2010 in Blog, Economy, Market Stats Comments { 3 }

The capital structure of US real estate assets has been in a long process of change. In 1945 homeowners owned 84% of their homes, with average mortgage to value ratios being 16%. Fast...

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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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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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