Tag Archives: South Bay Listings

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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The Effects of Taxation on Real Estate

by on June 27, 2009 in Blog, Economy, Investing Comments { 1 }

In order for government to function it must raise revenues. It does so through taxes. In America, we have multiple levels of government – local, state, and federal – each...

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