RECENT BLOG POSTS
By Jodi Summers The tide has turned; it is officially a seller’s market in Santa Monica. Experts consider market parity to be 3.7 months of inventory, and according to Clarus Market Metrics, in March, we had 2.2 months of residential property on the market in Santa Monica < down 49% from two ye...
04/10/2012
Jodi Summers Sotheby's International Realty 310. 392.1211 jodi@jodisummers.com The GOTHAM LOFTS > Style + Cash Flow in Long Beach 229 Atlantic Avenue, Long Beach, CA 90802 Price: $3,195,000 No. Units: 30 Cap Rate: 6.33% Gross Rent Multiplier: 9.88 Please Contact us @ jodi@jodisummers.com for...
03/28/2012
By Jodi Summers Check out the statistics, market conditions are shifting. If you’ve been on the sidelines thinking about selling your apartment property, the stats are in favor. According to Clarus Market Metrics, in Los Angeles County, multiunit real estate sale prices are up, and supply is way ...
03/21/2012
by Jodi Summers This is Year of the Landlord, or so concludes a recent report from Morgan Stanley. And yes, there are impressive statistics to support that claim. The percentage of Americans who own their home has dropped from a peak of 69.2% in late 2004 to a 13-year low of 65.9% in 2Q 2011. For...
03/13/2012
By Jodi Summers “Houses will be a better investment than stocks over the long term,” recently stated Warren Buffett, the second richest man in the U.S., on CNBC. This is an extremely noteworthy comment, as Buffet built his Berkshire Hathaway empire selling securities. “It’s a very attractive asse...
03/10/2012
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posted by Jodi Summers A very entertaining history of real estate 4 U... http://blog.movoto.com/infographic/real-estate-through-time-infographic/ http://www.santamonicapropertyblog.com/?p=4184
03/02/2012
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by Jodi Summers Yeah for our economy! Construction activity is definitely on the rise. In 2011, the number of multi-family units permitted issued in Los Angeles was 8,051, up 60.1% over 2010. With new construction raising the roof > you know there’s going to be a rise in Mechanic’s liens. Laws ar...
02/23/2012
By Jodi Summers Here is the great divide. If you're a homeowner considering selling in 2012, you’re probably pessimistic about getting the price you need or want, and therefore it's possible you won't even try to sell. But, if you're a buyer, you’re very attracted by 30-year fixed mortgage rates ...
02/16/2012
by Jodi Summers Everyone uses different statistics, which yield conflicting options…which is why the February Santa Monica Real Estate snapshot smacks of inconsistency….about as precise as consulting the Magic 8 Ball. For example, the California Association of Realtors (CAR) December 2011 report ...
02/09/2012
By Jodi Summers Everybody loves Santa Monica. Of latest accolades, Forbes has selected Santa Monica as one of America's Best Downtowns. Forbes chose the country’s most alluring downtowns with the help of travel experts from Frommer’s and Livability, a travel and analysis site that focuses on mid-...
01/31/2012
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Real Estate Resources
Our ActiveRain Los Angeles Apartment Real Estate Blog contains excerts from the Southern California Multiunit Real Estate Blog @ www.SoCalMultiUnitRealEstateBlog.com
We offer the keys to understanding the multiunit apartment building market in Los Angeles, Ventura, San Diego + Orange counties.
It is one of several blogs created + maintained by The SoCal Investment Real Estate Group.
Our websites + blogs include:
www.SoCalInvestmentRealEstate.com
www.SantaMonicaLandmarks.com
www.SoCalIndustrialRealEstateBlog.com
www.SoCalOfficeRealEstateBlog.com
www.SoCalMultiUnitRealEstateBlog.com
www.SoCalGreenRealEstateBlog.com
www.SantaMonicaPropertyBlog.com