Best Side Of The West Side

While the government, federal regulators and large private investors try to work out a plan for mass sales of foreclosed homes, large banks are already making deals, but they are not many, and still not close to having a solution. The problem is, they are facing even bigger write-offs than they forecasted if they sell [...]

Isn’t it exciting and tempting when we hear about “hot”, “amazing,” “smokin’” or “crazy” deals? We often hear and read about them in the real estate world. This is the hype that surrounds short-sales and foreclosed, bank-owned homes. What is a Short Sale? Basically, a short sale is an agreement between a bank and a [...]

Santa Monica Real Estate – Single Family Homes: Active Listings: 93 * Short Sales – 4 * Bank Owned/REO – 3Of the 88 active Santa Monica homes for sale, 33 had their List Price decreased, and 2 actually increased in list price. Current Pending Sales: 44 * Short Sales – 8 * Bank Owned/REO – [...]

Quick Weekly Santa Monica Real Estate Market Update – July 29, 2011 to August 5, 2011 Santa Monica Real Estate – Single Family Homes:Active Listings: 88 * Short Sales – 6 * Bank Owned/REO – 1Of the 88 active Santa Monica homes for sale, 29 had their List Price decreased, and 2 actually increased in [...]

It’s time for another breakdown of home/condo real estate sales in the Santa Monica, California market. The stats just came out for November 2008 and the market has shifted somewhat dramatically here in Santa Monica, in light of the economic craziness we are caught in. With 278 active single family and condos on the market, [...]

It’s time for another breakdown of home/condo real estate sales in the Santa Monica, California market. The stats just came out for October 2008 versus October 2007 and the numbers are pretty amazing. With the average drop in home sales in Los Angeles County of 28%, Santa Monica is barely feeling the pinch, with short [...]

Single Family Active Pending Sold Sold January 2008 90402 42 7 0 6 90403 12 1 2 1 90404 8 2 0 1 90405 36 5 2 3 Total 98 15 4 11 Condo/ Townhome Active Pending Sold Sold January 2008 90402 24 3 0 0 90403 55 16 0 0 90404 48 14 0 [...]