Malibu and Coastal California Real Estate and News » Judy Kunisaki http://blog.judysellswestside.com in the Realtor-Buzz Network Tue, 24 Jan 2012 19:56:39 +0000 en hourly 1 63 Single Family Homes Sold in Pacific Palisades, California from October 1, 2011 to December 31, 2011 http://blog.judysellswestside.com/2012/01/24/63-single-family-homes-sold-in-pacific-palisades-california-from-october-1-2011-to-december-31-2011/ http://blog.judysellswestside.com/2012/01/24/63-single-family-homes-sold-in-pacific-palisades-california-from-october-1-2011-to-december-31-2011/#comments Tue, 24 Jan 2012 19:56:32 +0000 kunisaki http://blog.judysellswestside.com/?p=1324
63 Pacific Palisades Single Family Homes -  Winter Sale    
October 1, 2011 to December 31, 2011          
             
      Living  Sold  Sold List
ADDRESS Bedrm Bath SF size Date Price Price
560 LUCERO AVE  2 1 1036 10/12/2011 650,000 470,000
24 Aloha Dr.  3 2 1929 11/14/2011 672,500 685,000
767 HAVERFORD AVE  2 1 1064 12/14/2011 902,000 895,000
834 BIENVENEDA AVE  4 1.75 1799 12/9/2011 895,000 895,000
891 CHATTANOOGA AVE  3 2 1273 12/29/2011 917,000 899,000
17728 REVELLO DR  2 3 1547 12/29/2011 920,000 966,500
650 PALMERA AVE  3 2.5 2600 12/13/2011 956,500 995,000
1054 HARTZELL ST  2 2 1192 11/11/2011 950,000 1,025,000
17023 AVENIDA DE SANTA YNEZ  4 3 2890 12/7/2011 975,000 1,075,000
1055 EMBURY ST  2 1.75 1116 12/19/2011 1,150,000 1,090,000
14564 GALLAUDET PL  3 2 1874 10/24/2011 1,000,000 1,099,000
16058 ANOKA DR  3 3 2462 12/9/2011 1,050,000 1,195,000
1120 FISKE ST  3 2.75 1368 11/29/2011 1,275,000 1,199,000
16723 BOLLINGER DR  3 2 1957 12/13/2011 1,225,000 1,289,000
874 FISKE ST  4 3 1901 11/4/2011 1,240,000 1,295,000
1009 BIENVENEDA AVE  4 2.5 2313 11/4/2011 1,275,000 1,325,000
18425 KINGSPORT DR  4 2.5 2236 12/7/2011 1,284,250 1,350,000
1107 EMBURY ST  4 4.5 2973 10/17/2011 1,312,500 1,398,000
16798 CALLE ARBOLADA  4 4 3341 11/8/2011 1,370,000 1,429,000
1000 GALLOWAY ST  3 2 1652 11/16/2011 1,408,600 1,495,000
426 SWARTHMORE AVE  3 1.75 1410 11/14/2011 1,550,000 1,499,000
1211 EL HITO CIR  4 3 2442 10/27/2011 1,540,000 1,560,000
249 GIARDINO WAY  2 2 2236 10/21/2011 1,500,000 1,595,000
18200 COASTLINE DR  3 3 2108 11/29/2011 1,595,000 1,595,000
15001 BESTOR  3 2 1673 10/18/2011 1,583,000 1,599,000
17248 AVENIDA DE LA HERRADURA  5 2.75 3282 12/15/2011 1,610,000 1,625,000
18326 WAKECREST DR  4 3 2136 10/28/2011 1,570,000 1,649,000
630 LACHMAN LN  5 3.5 2428 11/4/2011 1,629,500 1,664,000
3728 SURFWOOD RD  5 3 2965 10/7/2011 1,600,000 1,748,500
611 LAS LOMAS AVE  4 3.5 2634 11/30/2011 1,600,000 1,749,000
17179 AVENIDA DE SANTA YNEZ  4 5 3973 12/6/2011 1,680,000 1,799,000
531 ALMAR AVE  5 4.5 3788 11/9/2011 1,697,179 1,850,000
1568 CHASTAIN  5 4.5 3976 10/5/2011 1,792,000 1,875,000
1137 DONAIRE WAY  4 5 4200 12/22/2011 1,850,000 1,949,000
683 ALMA REAL DR  4 3 2442 12/19/2011 1,900,000 1,995,000
16714 BOLLINGER DR  5 4.5   11/23/2011 1,745,000 1,999,000
16808 Bollinger Drive  5 6 3381 10/28/2011 2,000,000 1,999,900
705 EL MEDIO AVE  4 3 2748 10/10/2011 2,170,000 2,195,000
1506 SORRENTO DR  3 3 3777 10/6/2011 2,300,000 2,350,000
500 CHAPALA DR  3 2   10/12/2011 2,250,000 2,395,000
1131 EMBURY ST  5 4 3478 11/29/2011 2,350,000 2,395,000
827 LACHMAN LN  5 4.5 3417 11/7/2011 2,274,000 2,395,000
714 BROOKTREE RD  4 2   12/9/2011 2,335,000 2,479,000
18434 COASTLINE DR  4 2.75 2638 12/5/2011 2,383,000 2,495,000
1065 NAPOLI DR  3 3 2974 11/7/2011 2,575,000 2,599,000
1077 CORSICA DR  3 3 2454 11/14/2011 2,475,000 2,750,000
1015 GALLOWAY ST  5 4.5 3764 11/17/2011 2,737,500 2,795,000
16634 CUMBRE VERDE CT  5 5.5 6013 11/17/2011 2,604,000 2,795,000
604 EL CERCO PL  5 4.75 3459 12/28/2011 2,610,000 2,850,000
14601 BESTOR BLVD  5 4 4381 10/28/2011 2,825,000 2,985,000
544 SWARTHMORE AVE  5 4 3380 11/14/2011 2,865,000 2,995,000
457 TOYOPA DR  3 4.5 5945 11/18/2011 3,795,000 3,795,000
17975 PORTO MARINA WAY  4 4 3324 10/6/2011 3,536,375 3,895,000
16852 CALLE BELLEVISTA  5 5 6648 11/17/2011 3,700,000 3,975,000
1513 SORRENTO DR  6 3.5 4680 10/6/2011 5,000,000 4,395,000
13565 D ESTE DR  6 5.5 5644 12/15/2011 3,900,000 4,500,000
931 CHAUTAUQUA BLVD  5 6 6500 10/6/2011 4,500,000 4,695,000
16130 ANOKA DR  5 6.5 5300 10/21/2011 4,100,000 4,700,000
612 TOYOPA DR  6 8 6250 11/30/2011 4,700,000 4,950,000
957 CHAUTAUQUA  7 9 7400 10/21/2011 5,100,000 5,450,000
1575 AMALFI DR  4 5 7254 11/3/2011 7,100,000 7,595,000
801 AMALFI DR  7 8.5 9153 10/12/2011 8,470,000 8,495,000
14223 W EVANS ROAD  8 9 8400 12/22/2011 9,500,000 10,000,000
             
**the information is from Combined LA/Westside MLS data**    
             
Average Days on Market [to contract] :   60 days    
             
Average Sold Price/Average List Price:   95.66%      

If you are interested in leasing, purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2012/01/24/63-single-family-homes-sold-in-pacific-palisades-california-from-october-1-2011-to-december-31-2011/feed/ 0 53 Single Family Homes Sold in Calabasas, California from October 31, 2011 to December 31, 2011 http://blog.judysellswestside.com/2012/01/24/53-single-family-homes-sold-in-calabasas-california-from-october-31-2011-to-december-31-2011/ http://blog.judysellswestside.com/2012/01/24/53-single-family-homes-sold-in-calabasas-california-from-october-31-2011-to-december-31-2011/#comments Tue, 24 Jan 2012 19:55:41 +0000 kunisaki http://blog.judysellswestside.com/?p=1322
53 Calabasas Single Family Homes -  Winter Sale      
October 1, 2011 to December 31, 2011          
               
      Living  Sold  Sold List Initial
ADDRESS Bedrm Bath SF size Date Price Price List Price
23551 Summit Dr  2 2 1200 12/25/2011 400,000 399,000 399,000
3553 Elm Drive  3 2 1904 11/4/2011 490,000 489,900 550,000
27035 Helmond Drive  3 2 1600 11/11/2011 475,000 489,900 499,900
26148 Hatmor Drive  3 2 1598 12/28/2011 500,000 494,000 494,000
5808 Greenview Road  4 2 1850 11/23/2011 500,000 509,000 509,000
5735 Parkmor Road  4 4 2141 10/7/2011 579,000 564,900 564,900
3530 Gladiola Drive  4 3 2052 12/22/2011 565,000 585,000 649,900
26054 Mulholland  3 3 2476 11/7/2011 600,000 610,000 610,000
22638 Liberty Bell Road  4 3 2304 12/15/2011 610,000 620,000 680,000
24766 Via Del Llano  3 3 1575 12/16/2011 630,000 635,000 635,000
26935 Deerweed Trails  4 3 2048 11/14/2011 625,000 659,000 659,000
26611 Sunflower Court  4 3 2134 12/9/2011 658,000 679,000 695,000
4366 PARK PALOMA  3 3 2480 10/11/2011 650,000 699,000 999,999
3730 Eddingham Avenue  4 2 2067 10/14/2011 730,000 749,000 879,000
5223 Ambridge Drive  5 3 3280 12/28/2011 725,000 749,900 749,900
5224 Ambridge Drive  4 3 2920 12/22/2011 750,000 765,000 789,000
23015 Wrencrest Drive  5 4 2966 10/14/2011 770,000 779,900 779,900
24642 Calle Ardilla  5 3 2510 12/2/2011 786,000 785,999 786,000
22408 Calipatria Drive  4 3 2116 12/16/2011 755,000 790,000 829,700
24647 Calle Ardilla  3 3 2262 10/31/2011 765,000 799,000 799,000
22424 Liberty Bell Road  3 3 2428 12/20/2011 760,000 799,000 799,000
4189 Via Mira Monte  4 4 3156 12/20/2011 815,000 820,000 850,000
22611 TICONDEROGA Road  6 3 2507 12/29/2011 790,000 875,000 950,000
4511 Park Allegra  3 3 2279 10/27/2011 840,000 899,000 975,000
22121 Dardenne Street  4 3 2642 10/21/2011 900,000 899,900 959,900
4529 Park Cordero  3 3 2807 12/20/2011 900,000 950,000 999,000
23129 Park Terra  4 4 3258 11/10/2011 905,000 975,000 975,000
26039 Mulholland  5 4 3720 11/18/2011 1,050,000 1,050,000 1,299,950
4337 Park Corona  5 4 3128 12/30/2011 1,015,000 1,125,000 1,275,000
24864 Paseo Primario  5 5 3307 11/30/2011 1,137,500 1,199,000 1,299,000
3982 PEACOCK RIDGE RD  5 4.5 3783 10/14/2011 1,122,500 1,199,000 1,329,000
3543 VIA DEL PRADO  5 4 3497 10/3/2011 1,130,000 1,199,000 1,235,000
3816 PASEO PRIMARIO  5 5 3660 11/20/2011 1,130,000 1,200,000 1,200,000
26683 Mont Calabasas Drive  5 6 6303 10/19/2011 1,150,000 1,249,000 1,449,900
24132 Park Casino  5 5 4169 10/20/2011 1,235,000 1,295,000 1,295,000
23428 Park Colombo  5 5 5148 10/5/2011 1,392,500 1,425,000 1,565,000
24216 Park Granada  5 5 4582 11/13/2011 1,367,000 1,429,000 1,449,500
24807 Earls Court  5 5 4124 11/15/2011 1,335,000 1,499,000 1,499,000
4521 PARK MARBELLA  4 4 4562 12/14/2011 1,442,500 1,499,000 1,499,000
25445 Cumberland Lane  5 5 4633 10/18/2011 1,500,000 1,595,000 1,650,000
25471 Prado De Oro  5 5 4851 12/30/2011 1,625,000 1,625,000 1,625,000
4160 Prado De Los Zorros  4 5 3600 12/9/2011 1,590,000 1,649,000 1,649,000
23256 Bluebird Drive  5 5 5587 12/9/2011 1,600,000 1,689,000 1,799,000
5404 Amber Circle  5 6 6188 11/30/2011 1,560,000 1,695,000 1,995,000
24915 Palmilla Drive  5 6 5298 10/21/2011 1,825,000 1,849,950 1,849,950
25571 Prado De Las Bellotas  4 6 4618 11/3/2011 1,879,000 1,925,000 1,925,000
25570 Prado De Las Bellotas  5 6 4618 12/6/2011 1,885,000 1,950,000 1,950,000
3885 Prado Del Trigo  4 5 4259 10/4/2011 1,890,000 1,999,000 1,999,000
25481 Prado De Azul  5 6 5968 12/15/2011 1,690,000 1,999,000 1,999,000
5937 Normandy Drive  5 7 6995 12/1/2011 2,030,000 2,100,000 2,100,000
5445 COLLINGWOOD Circle  6 7 6610 10/14/2011 2,000,000 2,100,000 2,100,000
26066 MULHOLLAND HWY  5 5 6837 11/3/2011 2,200,000 2,495,000 2,950,000
5603 SLOAN PL  6 6.5 7329 11/18/2011 3,000,000 3,495,000 3,495,000
               
**the information is from Combined LA/Westside MLS data**    
               
Average Days on Market [to contract] : 101 days      
               
Average Sold Price/Average List Price:   94.65%        

If you are interested in leasing, purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2012/01/24/53-single-family-homes-sold-in-calabasas-california-from-october-31-2011-to-december-31-2011/feed/ 0 36 Single Family Homes Sold in Malibu, California on the Land Side from October 1, 2011 to December 31, 2011 http://blog.judysellswestside.com/2012/01/23/36-single-family-homes-sold-in-malibu-california-on-the-land-side-from-october-1-2011-to-december-31-2011/ http://blog.judysellswestside.com/2012/01/23/36-single-family-homes-sold-in-malibu-california-on-the-land-side-from-october-1-2011-to-december-31-2011/#comments Mon, 23 Jan 2012 23:45:57 +0000 kunisaki http://blog.judysellswestside.com/?p=1320
36 Malibu Single Family Homes -Land Side – Winter Sale      
October 1, 2011 to December 31, 2011          
               
      Living  Sold  Sold List Initial
ADDRESS Bedrm Bath SF size Date Price Price List Price
29500 Heathercliff RD #59 3 2 1750 11/17/2011 400,000 465,000 605,000
26312 FAIRSIDE RD  2 2 1300 12/31/2011 579,000 579,000 699,000
26322 FAIRSIDE RD  2 2 1648 10/4/2011 560,000 584,990 599,900
506 THRIFT RD  3 3 2649 12/14/2011 692,000 695,000 849,000
1735 MANZANITA PARK AVE  3 2 2256 10/6/2011 608,000 699,000 615,000
3560 LAS FLORES CANYON RD  2 2 1488 11/23/2011 795,000 799,900 1,144,700
6223 Frondosa Drive  5 3 2381 11/30/2011 902,699 850,000 850,000
1714 DECKER SCHOOL LN  1 1 1298 11/2/2011 867,027 895,000 895,000
3003 SEQUIT DR  4 3.5 2467 12/16/2011 851,000 899,000 949,000
32918 Calle De La Burrita  2 2 1568 11/22/2011 1,256,000 945,900 945,900
29051 PACIFIC COAST HWY #1/2 5 3 2448 11/18/2011 950,000 1,050,000 1,495,000
6320 VIA CATALDO ST  3 3.5 2549 11/1/2011 1,350,000 1,100,000 1,100,000
24750 W SADDLE PEAK RD  3 3 3233 12/2/2011 1,138,000 1,198,000 1,362,000
18277 WAKECREST DR  3 2 2027 10/26/2011 1,050,000 1,200,000 1,390,000
3600 LAS FLORES CANYON RD  3 3 1942 12/28/2011 1,175,000 1,299,000 1,499,000
29053 Pacific Coast Highway  5 4 3450 12/13/2011 1,200,000 1,375,000 1,375,000
6257 GAYTON PL  3 2 1798 11/2/2011 1,500,000 1,595,000 1,595,000
422 MOONRISE DR  4 5 4007 12/22/2011 1,585,000 1,695,000 1,695,000
5914 FLORIS HTS  4 3 2500 12/20/2011 1,413,545 1,695,000 2,230,000
29351 BLUEWATER RD  3 2 1550 12/30/2011 1,680,000 1,725,000 2,375,000
6363 SYCAMORE MEADOWS DR  4 3 2710 10/18/2011 1,700,000 1,955,000 2,299,900
21609 RAMBLA VIS  3 3 3310 11/22/2011 2,120,000 2,300,000 2,300,000
21452 PASEO PORTOLA  3 3 3359 12/12/2011 2,100,000 2,495,000 2,695,000
31209 PACIFIC COAST HWY  8 10 2802 12/29/2011 2,450,000 2,500,000 2,500,000
3900 RAMBLA ORIENTA  4 2.5 3430 12/7/2011 2,450,000 2,695,000 2,995,000
31663 BROAD BEACH RD  3 3.5 3800 12/22/2011 2,600,000 2,790,000 3,900,000
20247 PIEDRA CHICA RD  3 3 3278 12/1/2011 2,710,000 2,995,000 2,995,000
6218 RAMIREZ MESA DR  5 6 5873 12/28/2011 2,825,000 3,150,000 3,495,000
30441 MORNING VIEW DR  4 2.75 2012 10/11/2011 2,525,000 3,790,000 4,199,000
6737 Wildlife DR  4 2.5 2365 12/23/2011 3,575,000 3,850,000 4,150,000
6228 SYCAMORE MEADOWS DR  3 3.5 3066 10/25/2011 3,150,000 3,995,000 4,795,000
5959 Murphy WAY  6 6 5749 12/15/2011 3,900,000 4,150,000 4,150,000
6415 MEADOWS CT  6 8 9331 10/3/2011 3,900,000 4,499,000 5,999,000
23425 MALIBU COLONY RD  3 4 2477 12/5/2011 3,700,000 4,750,000 8,350,000
7064 FERNHILL DR  5 5 2145 10/13/2011 4,500,000 4,800,000 4,800,000
3270 SERRA RD  6 6 6500 12/15/2011 9,454,000 11,495,000 11,495,000
               
**the information is from Combined LA/Westside MLS data**      
               
Average Days on Market [to contract] : 157 days      
               
Average Sold Price/Average List Price:   88.82%        

If you are interested in leasing, purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2012/01/23/36-single-family-homes-sold-in-malibu-california-on-the-land-side-from-october-1-2011-to-december-31-2011/feed/ 0 4 Single Family Home Sales in Malibu, California from October 1, 2011 to December 31, 2011 http://blog.judysellswestside.com/2012/01/23/4-single-family-home-sales-in-malibu-california-from-october-1-2011-to-december-31-2011/ http://blog.judysellswestside.com/2012/01/23/4-single-family-home-sales-in-malibu-california-from-october-1-2011-to-december-31-2011/#comments Mon, 23 Jan 2012 23:35:10 +0000 kunisaki http://blog.judysellswestside.com/?p=1316
4 Malibu Single Family Homes – Beach Front – Winter Sale      
October 1, 2011 to December 31, 2011          
               
      Living  Sold  Sold List Initial
ADDRESS Bedrm Bath SF size Date Price Price List Price
20552 PACIFIC COAST HWY  3 3.5 1750 11/30/2011 2,240,000 2,395,000 2,395,000
25000 MALIBU RD  5 5 3000 11/4/2011 8,000,000 9,100,000 9,100,000
6957 WHITESANDS PL  8 9.5 8764 11/14/2011 9,000,000 11,500,000 13,500,000
25438 MALIBU RD  4 3.5 5500 10/17/2011 12,000,000 13,995,000 13,995,000
               
**the information is from Combined LA/Westside MLS data**      
               
Average Days on Market [to contract] : 83 days      
               
Average Sold Price/Average List Price:   84.46%  

 

 

      

 

 

 

If you are interested in leasing, purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2012/01/23/4-single-family-home-sales-in-malibu-california-from-october-1-2011-to-december-31-2011/feed/ 0 Housing is still impacted by tighter lending practices – it impacts buyers moving to high end homes too such as Malibu, CA;Beverly Hills, CA, etc. http://blog.judysellswestside.com/2011/07/10/housing-is-still-impacted-by-tighter-lending-practices-it-impacts-buyers-moving-to-high-end-homes-too-such-as-malibu-cabeverly-hills-ca-etc/ http://blog.judysellswestside.com/2011/07/10/housing-is-still-impacted-by-tighter-lending-practices-it-impacts-buyers-moving-to-high-end-homes-too-such-as-malibu-cabeverly-hills-ca-etc/#comments Sun, 10 Jul 2011 22:16:32 +0000 kunisaki http://blog.judysellswestside.com/?p=1268

The recent Wall Street Journal article “Tighter Lending Crimps Housing” gave a good perspective on the obstacles endured by legitimate buyers today.  It takes persistence and patience by the serious buyer to endure the race to complete the loan.

The notable quotes in this article include the following:

“’as the noose on credit availability tightens, credit is being choked off at a time when the housing market is extremely fragile,’ says Laurie Goodman, senior managing director at Amherst Securities Group LP.

‘There’s no question that accessible credit is a problem,’ says David Stevens, chief executive of the Mortgage Bankers Association, an industry group.”

The lenders are back to the basics of underwriting and quality control guidelines to evaluate majority of the transactions including the upper echelon borrowers. Wall Street Journal notes “in all, the nation’s 10 largest mortgage lenders denied 26.8% of loan applications in 2010, an increase from 23.5% in 2009”
Additionally, “nearly four in 10 banks reported tighter mortgage lending conditions for the 12 months ended in February, according to a survey published
this week by the government’s Office of the Comptroller of the Currency.” Note that this loan standard is impacting all price strata from the multi million dollar loans to the conforming loans – impacts all price levels.

Yes, this practice reverberates to borrowers in Beverly Hills, CA; Bel Air, CA; Brentwood, CA; Malibu, CA; Calabasas, CA;Westlake Village, CA; Pacific Palisades, CA.  It
seems to be felt even stricter for the self employed applicants who are “hitting barriers to loans—hurdles they didn’t face in the past.” The lenders are critical of those who had
interrupted periods of income.

If you are interested in leasing, purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2011/07/10/housing-is-still-impacted-by-tighter-lending-practices-it-impacts-buyers-moving-to-high-end-homes-too-such-as-malibu-cabeverly-hills-ca-etc/feed/ 0 Review of the WSJ – “Why It’s Time To Buy” http://blog.judysellswestside.com/2011/06/08/review-of-the-wsj-why-its-time-to-buy/ http://blog.judysellswestside.com/2011/06/08/review-of-the-wsj-why-its-time-to-buy/#comments Wed, 08 Jun 2011 22:36:15 +0000 kunisaki http://blog.judysellswestside.com/?p=1266

On June 4, 2011, The Wall Street Journal wrote an article titled “Why It’s Time To Buy – The Clouds Haven’t Quite Parted, But the Long-Term Case for Home Ownership is Looking Stronger.”  It gives a current birds eye view of the housing market nationwide.  I highly recommend reading this article in its entirety – a link is provided.   According to CoreLogic, “provider of real-estate data and analytics, if you exclude distressed sales, prices were off just 0.5%. So it you are in a market that isn’t battered by foreclosures, you may be close to a bottom already.”

One gem is though renting is cheaper than buying in some markets, other markets are experiencing rising rents and falling house prices.  Another gem is “mortgage financing remains plentiful for borrowers with good credit scores and solid employment histories. But for borrowers who don’t fit traditional lending standards, getting a loan can still be nearly impossible. In the first quarter, about 10% of banks tightened standards for nontraditional loans, according to the Federal Reserve. Meanwhile, higher down-payment standards are locking some would-be buyers out of the market.”

Bottom line – buyers “after waiting so long, are starting to move off the fence and into the market, motivated by attractive pricing, low interest rates and, most important, the desire to take the next step in their lives.”

If you are interested in leasing,  purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

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Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2011/06/08/review-of-the-wsj-why-its-time-to-buy/feed/ 0 Malibu, California real estate market is heating up compared to last years activitiy http://blog.judysellswestside.com/2011/06/06/malibu-california-real-estate-market-is-heating-up-compared-to-last-years-activitiy/ http://blog.judysellswestside.com/2011/06/06/malibu-california-real-estate-market-is-heating-up-compared-to-last-years-activitiy/#comments Mon, 06 Jun 2011 19:40:43 +0000 kunisaki http://blog.judysellswestside.com/?p=1259

The Hollywood Reporter June 4th, 2011 article notes that the Malibu, California real estate market is heating up in both sale purchases and leases.  There are several notable properties on the market that includes several celebrities as well as unique spectacular property location.  Chad Rogers at Hilton and Hyland is quoted in the article as saying “This market is value-driven. When prices come down to fair market value, there are definitely buyers out there ready to buy.”  That is exactly what is happening – many of these luxury transactions end up as all cash transaction.  One should read this article - offered in the links.

If you are interested in leasing,  purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2011/06/06/malibu-california-real-estate-market-is-heating-up-compared-to-last-years-activitiy/feed/ 0 Changes to take place effective September 30, 2011 to the federal backed mortgages http://blog.judysellswestside.com/2011/05/11/changes-to-take-place-effective-september-30-2011-to-the-federal-backed-mortgages/ http://blog.judysellswestside.com/2011/05/11/changes-to-take-place-effective-september-30-2011-to-the-federal-backed-mortgages/#comments Wed, 11 May 2011 20:15:11 +0000 kunisaki http://blog.judysellswestside.com/?p=1255

The New York Times today notes that federal agencies that backed new mortgages as high as $729,750 will end September 30, 2011.  The new loan limits will depend on various formulas but in the higher end counties, the limit will fall to $625,500.  It is anticipated the Buyers will face more demands from the lenders “including higher credit scores and larger down payments.”  In the next few months, there should be more articles swirling about this but at least this is a good heads up for anyone looking to buy or sell. 

If you are interested in leasing,  purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2011/05/11/changes-to-take-place-effective-september-30-2011-to-the-federal-backed-mortgages/feed/ 0 Santa Monica,California Sales Tax is 10.25% effective April 1, 2011 http://blog.judysellswestside.com/2011/04/03/santa-monicacalifornia-sales-tax-is-10-25-effective-april-1-2011/ http://blog.judysellswestside.com/2011/04/03/santa-monicacalifornia-sales-tax-is-10-25-effective-april-1-2011/#comments Sun, 03 Apr 2011 20:40:07 +0000 kunisaki http://kunisaki.realty-buzz.com/?p=1250

I enjoy reading the Malibu Patch daily.  Just last Friday – April 1st, it alerted to a new sales tax in Santa Monica, California.  The new rate as of April 1, 2011 is 10.25% for all purchases made in Santa Monica.  This half percent rate had been approved by the voters last November.

Here is an excerpt from the Malibu Patch:

“This will not affect the purchase of vehicles, which are taxed based on where they are licensed. There is no city sales tax in Malibu.

Malibu residents could benefit from the Santa Monica tax because voters also approved an advisory measure that half the estimated $12 million in annual sales tax revenue “support school, educational and afterschool programs.” This would include the Santa Monica-Malibu Unified School District, and the money would go to the whole district, not just the Santa Monica schools.”

If you are interested in leasing,  purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2011/04/03/santa-monicacalifornia-sales-tax-is-10-25-effective-april-1-2011/feed/ 0 Mortgage Electronic Registration Systems – MERS – a good article by New York Times http://blog.judysellswestside.com/2011/03/06/mortgage-electronic-registration-systems-mers-a-good-article-by-new-york-times/ http://blog.judysellswestside.com/2011/03/06/mortgage-electronic-registration-systems-mers-a-good-article-by-new-york-times/#comments Sun, 06 Mar 2011 23:33:29 +0000 kunisaki http://kunisaki.realty-buzz.com/?p=1239

On March 5, 2011 – The New York Times wrote an interesting article about MERS – an acronym for Mortgage Electronic Registration Systems.  In this current world speeding towards automation and efficiency – it is an enlightening article about the impact this system that claims it holds title to almost half of all home mortgages in the nation.  I am just summarizing a highlight but one needs to read this article in its entirety, highly encouraged to do so.  MERS impacts so many — according to the New York Times article, “MERS has distanced itself from the dubious behavior of some of its members, and the company itself has not been accused of wrongdoing. But the legal challenges to MERS, its practices and its records are mounting.”

If you are interested in leasing,  purchasing a property or selling a property in Malibu, Pacific Palisades, Calabasas or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 her online contact form on her website.

Subscribe to our blog using our RSS feed. (Click here!)

Judy Kunisaki – CA DRE license 00963582

]]> http://blog.judysellswestside.com/2011/03/06/mortgage-electronic-registration-systems-mers-a-good-article-by-new-york-times/feed/ 0