RECENT BLOG POSTS
by Jodi Summers It’s all good news for apartment property owners. Investor interest in U.S. multifamily properties remains strong. Investment sales dollar volume jumped 40% in the first quarter over the same period last year. Here’s the big news, more deals closed than in any quarter since mid-20...
06/03/2011
By Jodi Summers Before the recession, then-Governator Arnold Schwarzenegger, signed Executive Order S-21-09, directing the California Air Resources Board to adopt regulations increasing California’s Renewable Portfolio Standard to 33% by 2020. Current Gov. Jerry Brown recently made it law - requi...
05/25/2011
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By Jodi Summers The residential real estate market in Santa Monica is relatively uneventful. Perhaps the most noteworthy news is that the inventory of residential property is down to a 4.8 months supply of inventory. FYI...buyer-seller parity is 3.7 months of inventory. Yes, the double dip in res...
05/12/2011
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Edited by Jodi Summers Earthquake Safety for You + Yours Doorways are no stronger than any other part of the structure. During an earthquake, get under a sturdy piece of furniture and hold on. This will provide some protection from falling objects that can injure you during an earthquake. Become ...
05/01/2011
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Edited by Jodi Summers It’s not that we’re having more disasters, it’s that the planet has more people. Experts now recommend that disaster survivors be prepared to be self-sufficient for up to 7 days. The U.S. Geological Survey, City of Los Angeles Fire Department, California Office of Emergenc...
04/11/2011
By Jodi Summers Congratulations property owners! Santa Monica is moving closer to market parity. Parity in the local real estate market is said to be 3.7 months of inventory. Comparing March 2011 to March 2009, you’ll notice that in the past two years, our inventory is down -57.5%, according to C...
04/05/2011
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by Jodi Summers Japan, New Zealand, Chile – three points on the Pacific Ring of Fire have been active in the last year…but nothing grand has happened on the Pacific coast of North America. Kind of makes you wonder when then next disaster will hit us? As a refresher, the Ring of Fire is an area wh...
03/29/2011
By Jodi Summers Didja know, half the U.S. population is now represented by two age groups? Baby boomers (age 45 to 65) and their offspring, Gen Y (age 18 to 32), together account for 150 million people. The power of both of these groups will create a demand for alternative types of housing, accor...
03/21/2011
By Jodi Summers In Los Angeles County home prices and sales volumes are down…unless you live in Santa Monica. According to the Los Angeles Economic Development Corporation, home sales in Southern California fell in January to 14,458 units (new and resale houses and condos), dropping by -5.9% comp...
03/05/2011
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by Jodi Summers More power to the neighborhood! Google’s (Nasdaq: GOOG) new campus will be located @ at 340 Main St. in Venice. The iconic "Binoculars Building," designed by Frank Gehry, was constructed in 1991 as the headquarters for advertising agency Chiat/Day. The unique architecture of the b...
02/26/2011
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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.
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www.SantaMonicaLandmarks.com
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www.SoCalGreenRealEstateBlog.com
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