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Malibu, CA Real Estate News

By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Check your condo rules before you put up that menorah or Santa decoration, or you might find yourself taking your holiday decorations down a lot sooner than you planned.   I want to flout condo rules and put up holiday decorations despite an HOA rule banning them. What’s going to happen to me? Option 1: Nothing may happen because the HOA rules aren’t enforced. Option 2: You might get a letter asking you to take down your decor. Option 3: You might get fined for breaking condo rules. Constructive ways to balance your need to deck the halls with condo rules that ban decorations:Talk to your neighbors. If it’s your first holiday in your new home, check with your neighbors to find out what's really allowed. Condos that ban lights and signage most of the year may ignore illegal decorations d...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Information provided by DataQuick stated that the number of homes sold in Southern California rose modestly in November from both October and in 2010, as first-time buyers targeted homes priced below $400,000.  Prices slipped in most areas. There was a total of 16.884 resale and new houses & condos sold in Riverside, San Diego, Ventura, San Bernardio and Orange counties last month.  November existing-home/condo sales rose 5.8% from a year earlier, while new home sales fell 15.2% to the lowest level on record for a November. Distressed property sales accounted for 51.3% of the Southland resale market last month, down from 52.3% in October and down from 53.4% a year earlier. Short sales, where the sale price fell short of what was owed on the property, made up just shy of 20% of Southland...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Just Listed - Malibu Bank-Owned/REO - 3B/3B - $634,900 MLS #11-570645 - 31422 Birdella Rd., Malibu, CA 90265 View additional photos/info at the Property Website. Bank-owned/REO. This Craftsman home, located on a cul-de-sac street, surrounded by mature oak trees & Santa Monica Mountains. The living room is light and bright and has soaring ceilings. New paint & carpet throughout. The family room has a fireplace and opens to the kitchen. Formal dining room. Downstairs den with its own bathroom. There is an upstairs loft / office. Master has a large walk-in closet. Master bath has dual sinks and a separate shower & tub. Inside laundry. Detached two-car garage. Close to the beach and 101 freeway.   View other Bank-Owned/REOs in Malibu. Click here.
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Fitch Ratings analysts reported that a  typical foreclosed home will spend eight months in REO before being resold. Lender Processing Services estimate that more than 2 million of these properties are somewhere in the foreclosure process with many more coming. Fitch statest that the majority of the backlog could take as long as two years to clear, and the current foreclosure timeline can last more than 12 months, before the time the property will spend in REO. Bulk sales will be a  key part of the housing market for the next few years, accoridng to analysts. Freddie Mac & Fannie Mae currently own half of these properties and the Federal Housing Agency is working on new ways to sell these homes.  What remains unknown however, is the effect. New rental programs could also be in the mix.  ...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
I love sharing great news! Happy Sunday everyone! I hope you have enjoyed your weekend and staying warm at home... November 29, 2011 At the City Council meeting on November 28, 2011, State Senator Fran Pavley honored Malibu as the first recipient of her new Sustainable City Award in recognition of the City's policies and practices which protect and preserve the environment.   The Senator congratulated the City for awards previously bestowed for its projects, such as Legacy Park and LEED-certified building, and commended Malibu for its leadership in being one of the first cities to ban plastic bags.   "You're sending the right signal, not only to your constituents, but particularly the children growing up here," remarked Senator Pavley while presenting the award to Mayor Laura Zahn Rosen...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
An analyst from Barclays Capital has predicted housing recovery, supported by improving job numbers and prices for non-distressed homes with stabilize without government support. He reported that prices for these non-distressed properties have stabilized over the last year even without government homebuyer incentives. This stability has not been getting much media attention and it has occured despite a large portion of distressed activity and a contintued decline in overall prices.  Improvement potential in this sector is supported by recent economic data which includes more job creations  last month and improved homebuyer traffic.  In mid-2010, the federal homebuyer tax credit expired, leaving the housing market without training wheels for the first time since the 2008 economic meltdow...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
It's that time of week again. Sunday open houses. If you're in Malibu or Topanga tomorrow, stop by one of the many open houses that are being held open from 1-4p. There are beach homes, condos, townhomes, bluff estates and much more to see. Click here to view the complete Malibu & Topanga Open House List for Sunday, 12/4 from 1-4p. Click here to see what else is on the market in Malibu for sale.   "Like Us" on Facebook and tell us what you are looking for. We have properties not on the market that may be a fit for you.
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
The National Association of Realtor's pending home sales  index rose from from 84.5% to 93.3%, which is based on signed real estate contracts for existing single-family homes and condos. This index is based upon a national sample, which usually represents 20% of the transactions for existing home sales. They remain above last years levels. An index of one hundred is equal to the average level of contract activity in 2001. Lawrence Yun, the National Association of Realtors chief economist stated that there is a pent-up demand for home buyers who normally would have entered the market in recent years  and interest rates are staying at record lows.    
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
It's that time of week again. Sunday open houses. If you're in Malibu or Topanga tomorrow, stop by one of the many open houses that are being held open from 1-4p. There are beach homes, condos, townhomes, bluff estates and much more to see. Click here to view the complete Malibu & Topanga Open House List for Sunday, 11/27 from 1-4p. Click here to see what else is on the market in Malibu for sale.   "Like Us" on Facebook and tell us what you are looking for. We have properties not on the market that may be a fit for you.
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
MALIBU REAL ESTATE PARTNERS Sales | Leasing | Property Management | Notary23805 Stuart Ranch Rd., Ste 150 & 22967 Pacific Coast Highway | Malibu, CA 90265   O 310.456.3655    F 310.218.2117     Info@4Malibu.com   Approved Short Sale | Back-on-Market | Corral Canyon | 4B/3.5B | $1,195,000 APPROVED SHORT SALE! Custom view home situated on a promontory point overlooking the Pacific Ocean & Solstice Canyon. Vaulted ceilings and large, view picture windows. The kitchen opens to the family room. Formal dining room. 3 separately zoned heating/air systems. Attached mother-in-law suite can be 5th bedroom or office. 3-car garage w/additional storage space (apx. 600 sq. ft.). Conceptual plans for infinity pool available. This is a must see Malibu property.     For additional photos/info, click th...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
  For SALE - Not in the MLS 31636 Broad Beach Rd., Malibu, CA 90265 PROPERTY WEBSITE Enjoy the ultimate in beach living with this private, gated Tuscan estate located on Broad Beach Road with spectacular ocean views and stairs to the beach. Recent high- end renovations throughout, with state-of-art electronics and top-of-the-line appliances. The many features include a separate one-bedroom guest house, high-beamed ceilings, distressed wood floors, beautiful railings, custom cabinetry and lighting fixtures. Ample parking and room for nearly 100 guests, this makes for a perfect entertainer’s home. 5B/6B  NOT IN THE MLS. Available for Lease.  Inquire on Sales Price & Lease Price.   ****Click here to "Like Us" on Facebook and be the first to hear of other Malibu properties that are not on t...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
According to an industry trade group, home foreclosure filings rose in the 3rd quarter, as recent declines in the rate of new foreclosures came to an end. The Mortgage Bankers Association reported that foreclosures started for 1.08% of outstanding home loans, up from 0.96% in the second quarter. Even though the rate of homeowners who are delinquent in their mortgages dropped, the jump in foreclosures still came. Those only 30 days late making payments improved to 3.19%, the lowest level since the second quarter of 2007. And those 60 and 90 days or more late in making payments also declined, bringing the percentage of delinquent loans not in foreclosure to under 8%. But the Mortgage Bankers Association said increased foreclosure filings by several big lenders led to the upturn in homes i...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
               MALIBU REAL ESTATE PARTNERS       Sales | Leasing | Property Management | Notary              23805 Stuart Ranch Rd., Ste 150 & 22967 Pacific Coast Highway | Malibu, CA 90265            O 310.456.3655    F 310.218.2117     Info@4Malibu.com         "Like Us" on Facebook and tell us what type of property you are looking for. Vacation | Short-Term Furnished Rentals in Malibu - Pacific Palisades - Santa Monica       Carbon Beach Hideaway Malibu • 1B/1B (Sleeps 4) • Walk to Malibu Pier & Restaurants • Hardwood Floors Throughout • $450/Night (2 Night Minimum) Property Website Zen-Like Townhome - North of Wilshire Santa Monica • 1B/1B • 2 Fireplaces • Tranquil Environment • $3,000/mth (Weekly Rates Available) •  Property Website   Charming California Bungalow Pacific Palisades ...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
View Malibu Rentals.• No Membership Required• Search our Malibu site for a complete list of Malibu rentals available. Updated daily • Daily Email Alerts • Oceanfront, landside, vacation, furnished, unfurnished, short-term, long-term options available • Inquire about our Relocation Program • Concierge Services Available • We Schedule Appointments • Free Consultation 
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
The California Association of Realtors reported an increase in home affordability due to lower interest rates and lower home prices. In the third quarter the median priced home rose one percent from 51 in the second quarter to 52 percent in the third quarter. The HAI measures households that can afford to purchcase a median priced single family residence in California. To qualifiy for the purchase of the statewide median home priced, existing single family residences, home buyers must earn an annual minimun income of just over $60,000. With a 20% downpayment, the monthly payment would be around $1550/mth.  View Malibu homes for sale here. 
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
  Looking to live in Malibu? To see what is available now, click here: - Beachfront- Landside- Estates- Apartments- Condos- Singel Family HomesWe have it all... - Short-term - Furnished - Unfurnished - Corporate  - Vacation Let us help you! Contact us today or stop by our sales & leasing office at 22967 PCH (right across from the Malibu Pier) and let us help you find your next Malibu home.
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Are you looking to buy a home in Malibu or Topanga? 4 Malibu Real Estate Partners provides a full list of properties in Malibu and Topanga that will be on open house this Sunday, November 20th from 1-4p. To view other Malibu homes for sale, click here.    4 Maibu Real Estate Partners also has Malibu homes for sale that are not currently on the market. Contact us today and let us know what you are looking for. We may just have the right the place!   Click here to go the the Malibu Open Houses list.   
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
If you have bought property in California between the years of 2003 - 2010, have you ever thought about looking into reducing your property taxes? You could save hundreds of thousands of dollars a year by getting your property taxes reduced. In this time of economic uncertainty, it is more important than ever to save money.  Property Tax Back specializes in property tax reduction by offering re-assessment services for owners of all type of real estate, whether it’s a house, an apartment building, a commercial building or land.  The team has the market knowledge, outstanding reputation, and invaluable relationships to build the strongest case to get your property taxes reduced to their maximum extent. They are a performance based company which means there is no cost to you. They only ge...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Malibu is on sale!!! Talk about a great investment property. This is a 2B/2B condo, located in Malibu Canyon Village, which is right in the heart of Malibu and just adjacent to Pepperdine University. This complex is highly desired by students at Pepperdine, who want to be close to campus, but want to live OFF campus. The complex features a pool, tennis court and clubhouse. You are minutes to the beach either by bike or walking. Restaurants and shops are just a hop, skip and a jump away as well.  This unit is currently being rented out to Pepperdine students who are paying $2600/mth. Buy now as an investment property and start earning equity now.    View additional info and photos of this unit here. Offered at $399,000. Don't miss this opportunity!  Click here to view other Malibu condos...
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By Bobby LehmKuhl, Exceeding Every Clients Expectations. Every Time.
(4 Malibu Real Estate)
Short Sale - Alternatives to Foreclosure Did you know that bank foreclosure is at a 30 year high?There are various reasons for such high levels of bank foreclosure such as: unemployment, an erratic stock market, and the fact that the cost of home ownership had increased. YOU HAVE OPTIONS! One very important thing to remember: Time is of the essence. Many homeowners are not aware of all the options that are available to them to help save their home. If you do nothing, then you will get exactly that in return. Here are some quick tips to help you save your home or save your credit score from further “dings”: Payoff / Refinance - This option may allow you to use the equity that you have established in your home to pay the delinquent amount. Depending on the interest rate of your new loan, ...
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