36 Single Family Homes closed escrow in Malibu, California on the Land portion from October 1, 2011 to December 31, 2011. On average, these properties were on the market for 157 days [until the properties went under contract]. The average sales price was 88.82% of the last listed price.
Malibu
36 Single Family Homes Sold in Malibu, California on the Land Side from October 1, 2011 to December 31, 2011
Also posted in Finance, Judy Kunisaki, Luxury Homes Tagged Luxury Real Estate, Malibu Land Home Sales, Winter 2011 Sale in Malibu California Leave a comment
56 Single Family Home Sales on the Land portion in Malibu, California from June 1, 2011 to September 30, 2011
56 single family homes sold on the land portion in Malibu, California – for the period June 1, 2011 to September 30, 2011 — what a fantastic summer. Overall, some bargains were picked up — final price reductions ranged from $69,000 to $5,000,000 at the end tally. Interesting surprises as there were 2 homes that sold above the initial asking price that ranged from $100,000 to $600,000 above the initial price–signs that multiple offers were taking place.
Now is a good time to be pre-approved for a loan and pick up the bargains. If the homes are priced right, properties sell and sometimes the price is even driven up by the buyer competition. Call me!
Also posted in Finance, Malibu Sales on the Land Side Tagged 2011 Summer Malibu Sales, Malibu Land Side Sales Comments closed
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.
Wall Street Journal on June 25, 2011 notes that the tight lending practice is crimping the housing industry. They have denied 26.8% of loan applications in 2010 (higher in 2010) than in 2009 – 23.5%. This practice impacts all pricing strata including the upper end, not just the conforming loans.
Also posted in Calabasas, Finance, Judy Kunisaki Tagged finance - malibu, lending obstacles, self employed borrower, tight loan practice Comments closed
Malibu, California real estate market is heating up compared to last years activitiy
The Malibu, California real estate market is heating up in both home purchase sales and leases according to the Hollywood Reporter.
Also posted in Beach front real estate in Malibu, Judy Kunisaki, Luxury Homes Tagged Malibu Homes, Malibu Leases, malibu real estate Comments closed
Duke’s restaurant in Malibu, California prepares to re-open after a rain deluge for the first time in 38 years.
Duke’s Restaurant in Malibu,California is re-opening on April 8,2011 after completing repairs for damages caused by the freaky rain deluge that caused flooding in the restaurant.
Also posted in Beach front real estate in Malibu, Malibu Development, Malibu Restaurants Tagged Duke's Malibu, Malibu Restaurant Comments closed
Luxury Home Purchase is up 3 times more than 2009 in Los Angeles County – includes Malibu, California
Luxury home sales in 2010 above $10 million has tripled in Los Angeles County as compared to 2009. In Malibu, California for the same period it has increased 30 percent.
Also posted in Beach front real estate in Malibu, Finance, Luxury Homes, Real Estate Tagged 2009 vs. 2010, Luxury Real Estate, Malibu Luxury Homes Comments closed
Happy 20th Birthday Malibu <3 Congratulations for a job well done so far – so much more to offer
Today is Malibu celebration as being incorporated as a city for 20 years — wow, special birthday! Thankfully to the collaborative efforts of Malibuites, Malibu preserves its rural status.
Also posted in community, Malibu Community, Malibu Development Tagged Malibu, Malibu Birthday, Malibu Community Comments closed
Visit Malibu Beach – several pristine beaches to enjoy
Malibu, California offers so much besides its pristine beaches, water sports, great walks/jogs at the beach, hiking in the scenic trails – worth the visit to stay a month and enjoy the ‘Bu life.
Also posted in Beach front real estate in Malibu Tagged Malibu Beach, Malibu Lifestyle Comments closed
U2 Malibu, California project hits a road block by the California Coastal Commission
U2 – The Edge/David Evans project – also known as “Leaves in the Wind” a green estate development in Malibu, California hits a road block according to the California Coastal Commission staff report.
Also posted in Luxury Homes, Malibu Development Tagged Malibu California Real Estate, Malibu Development, Malibu-California, U2 Guitarists planned development Comments closed
Real Estate Ending 2010 on Positive Note – Happy New Year in Malibu, CA and Calabasas, CA and Pacific Palisades, CA and Santa Monica, CA
2010 ends on a positive note with tax credits extended by President Obama. Happy New Year in Malibu, CA and Calabasas, CA and Pacific Palisades, CA and Santa Monica, CA
Also posted in Calabasas, Finance, Pacific Palisades, Uncategorized Tagged Calabasas, malibu real estate, Tax Credit Comments closed
