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Manhattan Beach tops list of million dollar+ sales

Posted by on Jan 31, 2014 in Uncategorized | No Comments

Southern California’s luxury housing market rebounds  The luster came roaring back to the Golden State’s luxury housing market in 2013, as sales of homes costing $1 million or more soared 45 percent to their highest level in six years, a market tracker said Thursday. Last year, wealthy buyers purchased 39,175 homes costing $1 million or […]

What color should I paint my home before putting it on the market?

Posted by on Jan 28, 2014 in Uncategorized | No Comments

  Gray is a subtle color that can bring sophistication to interiors while also the neutrality that home buyer crave. “It’s the hot new neutral, a sleek and sophisticated color option that adds refinement to almost any room,” says Debbie Zimmer, a paint and color expert with the Paint Quality Institute. “Walls that are painted gray […]

Foreign Buyers for Palos Verdes Real Estate

Posted by on Jan 21, 2014 in Uncategorized | No Comments

Chinese Buyers Boosting California’s Housing Market   Cash-loaded Chinese are flooding California’s high-end home markets. Most if not all of the deals are all-cash transactions. Statistics are all over the place but the California Association of Realtors (CAR) is reporting in its latest research that Chinese buyers make up 39.1 percent of the international buyers […]

2014 Real Estate Predictions for Palos Verdes

Posted by on Jan 20, 2014 in Uncategorized | No Comments

  We are already two weeks into 2014. So, now’s a prime time to take a look at what’s in store for us this year in the world of real estate on the hill. Signs point to another good year for the housing market, although the recovery most likely won’t clock the same breakneck speed […]

Where the Super Rich Buy Real Estate

Posted by on Jan 17, 2014 in Uncategorized | No Comments

Wealth-X and Savills are out with a new report showing how the super-rich (those with $30 million or more in assets) spend money on real estate. There are a ton of interesting takeaways from the report, which is available here. The map below, which shows the flow of wealth around the world, is particularly telling. It […]

My home isn’t selling, now what?

Posted by on Jan 10, 2014 in Uncategorized | No Comments

You hired an agent, listed your house, priced it “right” and excited to get is sold and move forward in life, you make plans to move and know you’ll see an offer in no time. Your agent comes over and snaps some photos and lists your property on the MLS.  Maybe they used language like, […]

FHA lending changes for 2014

Posted by on Jan 9, 2014 in Uncategorized | No Comments

A big change affecting the South Bay housing market is a Federal Housing Administration (FHA) has decreased the maximum loan amount for borrowers beginning Jan. 1, 2014. The agency announced that its mortgages will be limited to a maximum of $625,500, down from $729,750. The South Bay has high-priced housing — about one in four […]