Is the housing market slowing down in the South Bay? The economy is still strong and mortgage rates are relatively low but what does the data tell us? You can find out here.
The Manhattan Beach City Council met August 21 and approved the draft "Five-Year Plan to Address Homelessness in Our Community." Here are the key takeaways from that council meeting's discussion of the plan.
Another lot sale from Michalski & Fujita, this one an ocean-view Sand section corner half lot at 328 25th Place, Manhattan Beach. The photo is the original, 1927-built, one-bedroom, 556 sqft (yes, you read that right) home. Look for a new home from premier local home-grown builder Fluent Homes in 16-20 months.
The current draft proposal to address homelessness in Manhattan Beach is up for discussion and comment at the next City Council meeting, August 21
. The proposal is long on generalities, short on specifics and, worst of all, seems to de-emphasize enforcement of existing city ordinances. Could make for an interesting meeting.
Our latest new construction sale - 2101 Elm Avenue
in the Manhattan Beach Tree section - proves once again the efficacy of our lot sale program
. The original lot owner got multiple offers from developers and a premium price without paying a commission and the winning bidder got a well-located, flat, west-facing lot which they were able to develop into a premium modern farmhouse-style home that sold over list price. We love it when a plan comes together.
Yet another $6 million sale of a large ocean-view Manhattan Beach Hill section lot transpired recently. The buyer was the next-door neighbor but which one? The international tennis star or the founder and partner in a successful private equity firm? Find out here.
Mike and Sachi just closed on the sale of a prime Manhattan Beach Tree section lot to a local developer. To find out more about this sale and the enhanced benefit to the sellers of substantially lower transaction costs, read on.
Litigation can be draining, particularly when it involves the fate of the once successful production company, Gurney Productions, that you helped create, the company that produced the mega-hit Duck Dynasty. Thankfully, one of the co-producers (and a Manhattan Beach resident) has a heretofore unknown (to us, anyway) second talent, namely remodeling and flipping homes, as this exquisite new Hill section listing will attest.
A new offering from Steve Lazar continues an emerging trend toward contemporary-styled homes in the Manhattan Beach Tree section.
One of the highest-priced homes ever to sell in the Manhattan Beach Tree section - 719 19th Street
- just recently went into escrow again after selling for $6.5 million just last year. We hear the new price is even higher! ($6.7 million, perhaps?)