The Malibu Real Estate Resource Guide Malibu California Real Estate ׀ Malibu Homes ׀ Malibu Homes for Sale As of November 20,2009, the properties below are currently on the market in Malibu, CA as short sales and REOs. For additional information on any of these properties, visit my website at www.4Malibu.com. Searching for foreclosures in Malibu, CA? Click here. CONDOS Status Address LP BR BA SF LSZ DOM Short Sale 6485 Kanan Dume Rd. $389,000 2 2 1,056 - 34 Short Sale 23901 Civic Center Way #C129 $395,000 2 2 902 - 41 REO 28212 Rey De Copas Ln. $446,700 2 3 1,306 1,947 104 Short Sale 23901 Civic Center Way #373 $454,900 1 2 856 1,599 8   SINGLE FAMILY RESIDENCES Status Address LP BR BA SF LSZ DOM Short Sale 26258 Fairside Rd. $800,000 4 3 1,796 5,955 390 REO 33439 Mulholland Hwy. $864,... 11/20/2009

How to Set a List Price for Your Home Setting the list price for your home involves evaluating various market conditions and financial factors. During this phase of the home selling process, your REALTOR® will help you set your list price based on: pricing considerations comparable sales market conditions offering incentives estimated net proceeds Pricing Considerations - Find a Balance Between Too High and Too Low When setting a list price for your home, you should be aware of a buyer's frame of mind. Consider the following pricing factors: If you set the price too high, your house won't be picked for viewing, even though it may be much nicer than other homes on the street. You may have told your REALTOR® to "Bring me any offer. Frankly, I'd take less." But compared to other houses for... 11/15/2009

The Malibu Real Estate Resource Guide Malibu California Real Estate ׀ Malibu Homes ׀ Malibu Homes for Sale   First Time Buyers at the Beach (Malibu, CA)REO, Short Sales, Foreclosures - Yes, even the beach (more specifically, Malibu, CA) is not immune to this economic impact. If you are in a position to purchase real estate, now is the time -  to act. Where do you want to live? If you have always dreamed of living by the beach, opportunity is knocking and deals are out there.   According to a news article, in Malibu, over the last 50 years, there has been a 5% increase over time. 12 of those years have averaged 20% or more. Only 8 times has there been a decrease.      You want it, we've got it - the ultimate Malibu deals - Beachfront or Canyon, Single Family Homes, Land, Condos & Leases... 11/12/2009

Market Analysis Report     # of Listings Average DOM Low Price $ Median Price $ High Price $ Average Price Total $ *Avg. Price w/ Sq.Ft. $ *Average Sq. Ft. *Avg. Price/Sq.Ft. $ ***Avg. Price w/ LSZ $ ***Average LSZ ***Average Price/LSZ $ Average SP/Average LP Active 124 131 1,975 607,000 14,995,000 1,544,173 1,549,315 3,032.12 510.97 1,638,686 102,187.14 16.04 -- Backup 1 59 550,000 550,000 550,000 550,000 550,000 995 552.76 N/A N/A N/A -- Hold -- -- -- -- -- -- -- -- -- -- -- -- -- Pending 7 167 375,000 985,000 9,500,000 4,082,857 3,646,667 2,611.33 1,396.48 4,599,167 6,626.17 694.09 -- Sold LP 15 121 2,600 5,000 11,900,000 1,023,741 163,593 2,953.17 55.40 1,023,741 333,443.07 3.07 -- Sold SP ** 15 121 2,500 5,000 10,300,000 898,408 153,426 2,953.17 51.95 898,408 333,443.07 2.69 87.76%... 11/09/2009

Malibu, an area of Los Angeles that contains some of the most expensive real estate in Los Angeles County and is home to countless movie stars, is about to lose the bulk of its septic tank systems after years of fierce debate. The septic tank system has been popular in the area because it hindered growth in a neighborhood coveted for its wide open spaces and beautiful views. But detractors fought against the ocean and beach pollution caused as a result.The switch to a sewer system will come at great expense to residents in the areas affected, around $500 a month. Businesses will pay $20,000 a month. There is a compromise which would shrink the affected areas and allow owners in commercial areas to comply by 2015 and residents in Malibu Knolls, Serra Retreat, and Malibu Colony by 2019.Se... 11/08/2009

RECENTLY REMODELED BY A FAMED NEW YORK DECORATOR. LOCATED IN AN EXCLUSIVE GATED COMMUNITY THIS PARKLIKE ESTATE TRANSPORTS YOU INTO A WORLD OF SECRET SECLUSION. DRAMATIC FLOOR PLAN WITH SOARING CEILING HEIGHTS & ENORMOUS ROOMS. MASTER SUITE WAS CREATED AS A PRIVATE REFUGE WITH A SITTING AREA AND A SUMPTUOUS BATH SUITE, WALK-IN CLOSET, EXPANSIVE TERRACE & INTIMATE VERANDA OVERLOOKING THE LUSH LANDSCAPE BEYOND. THE POOL ENTERTAINING AREA IS ENHANCED BY A VIKING BARBEQUE, REFRIGERATOR, ICE MAKER, & A TRELLISED DINING AREA OFF THE CABANA & CHANGING ROOM. TRULY A MUST SEE!! CALL NOW 310.459.8191 Neighborhood: Malibu Lot Size: 44431 Type: Single Family Residential for Sale Floors: Two or More Stories Bedrooms: 4 Baths: 6 Square Feet: 5599 Year Built: 1992 School District: check with city View... 11/07/2009

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed. For information on stats from January 1, 2009 - current, visit: http://www.4malibu.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2134403 Beachfront  (as of  Nov. 5, 2009)   Landside  (as of Nov. 5, 2009)     # of Actives Price Range     # of Actives  Price Range SFR  76 $875,000 - $36,000,000   SFR 268 $269,000 - $65,0... 11/05/2009

Kitchen and bathroom renovations are always giving me mixed feelings. I'm happy when my clients get a fresh, functional, and clean space. On the other hand, after every such renovation in my mind's eye I can already see the mountains of debris where, eventually, the newly installed materials end their life after the owner decides that they can no longer serve their purpose. The most popular hard surface material is natural stone: granite, marble, limestone, travertine, soapstone, you name it. Almost all of them are imported from remote locations. Because of this, they have increased levels of embedded energy (embedded or embodied energy is energy required to extract raw materials, manufacture the product, and supply it to the point of use), meaning that there is a significant amount of ... 11/05/2009

Reasons why homes don’t sell If you have had your home on the market for several months and haven’t seen much activity or any offers, chances are that one or more of the reasons below are to blame.   Your price is too high No doubt about it, the most common reason for a home not selling is that the asking price has been set too high. The reasons for setting your price too high to begin with are many. Ranging from over enthusiastic listing agents to unrealistic seller expectations. Regardless of the reason though, if you’ve priced your home too high, you’ve set yourself up for a number of obstacles to selling your home. Even if you do get an offer for the overly high asking price, the deal may fall apart before closing because the buyer may have problems financing at too high a price. L... 11/03/2009

The 9 Steps to Home Ownership Step - 1 Make the Decision to Buy It seems obvious, but it's good to note that the first step to buying a house is making the decision  to buy. Consider the reasons you want a new house and write them down. Determine how long you want to live in the new house - does buying still make good financial sense? Can you afford a house that will meet your list of requirements? A good rule of thumb is your mortgage payment should not exceed 1/3 of your net monthly income. Step 2 - Seek Professional Guidance I'd like to schedule a time to meet with you to hear the reasons you want to buy a house and your plans for the future. We'll talk about neighborhoods, schools, economic factors liable to affect the market today and tomorrow, as well as how you would like your h... 10/30/2009

Search the MLS like an agent! To begin, click on my link http://4malibu.listingbook.com. How Listingbook works for Home Buyers Shop for your dream home anywhere, anytime, and rely on your agent's expertise when you need it! Searching for Your Dream Home is Fun You get the freedom to search for homes just like real estate agents do. You're empowered with 24/7 access to in-depth detail on all properties listed in your area. Adjust your search criteria at any time. See details on any property that interests you, including days on market, price history, additional photos, virtual tours and much more. Get Updates & Notifications in Real Time Want to know when a house comes on the market or if a seller reduced the asking price of a home? Listingbook is continuously updated so you'll be infor... 10/28/2009

4Malibu.com Bobby Lehmkuhl ׀ Danielle Dutcher    POINT DUME, Malibu, CA MARKET ACTIVITY Point Dume - Known as the "Malibu Riviera" due to its panoramic ocean views and private beachfront estates. It is hands down, one of the most beautiful spots in Southern California, with its rocky coves, headlands, cliffs and vast beach access. On a clear day, one can see the entire Santa Monica Bay to the north Malibu Coast, and even Catalina Island, which can be enjoyed on the bluff-top viewing platform. Many celebrities have called it home; Johnny Carson, Madonna, Sean Penn, Barbara Streisand, Martin Sheen and Bob Dylan, to name a few. Appreciation has been steady for the residents and over the years the neighborhood has grown statelier as trees matured and landscaping softened the views. Most hom... 10/27/2009

If You're Buying Another Home  You may wonder what will happen when you're selling one home and buying another - how will all the details work out? This is a common situation and REALTORS®, lawyers, and title and escrow companies have plenty of experience in arranging contracts and loans so that the two transactions dovetail smoothly. And should you sell your home first then buy or buy first then sell? Ideally, it's best to find a home you like and make an offer subject to selling your current home. This generally works in a normal market. However, in a "hot" market most sellers will not accept a "subject to sale" offer. In this case you need to sell your home first and then buy a new home in the interim period between selling and vacating your house. If you find that you need to buy th... 10/24/2009

September proved to have one of the largest monthly increases in 26 years for home resales, due in large part to first-time home buyers rushing to make their purchase before the tax-credit expires on November 30. The NAR (National Association of Realtors) reported that sales were up 9.4 percent, for a rate of 5.57 million to the 5.1 million in August. Although sales are up nationwide, prices are still down, reflecting all the foreclosures and short salesthat are still flooding the markets. Los Angeles, San Diego and Las Vegas top the foreclosure sales.  More foreclosures are anticipated, as unemployment continues to rise, therefore, prices could fall even further. Supply will soon surpass the demand. As the housing market is still a major concern, Congress is considering extending the t... 10/23/2009

How Long Has Your House Been on the Market? Professional appraisers sum up their entire body of knowledge in three words: " Buyers make value." Your home is worth as much as a buyer will pay for it. If your home has been on the market for months, it's a clear message that the property may not be worth what you're asking for it. This is particularly true if there haven't been many prospects coming to see it. What you do at that point depends on whether you really need to sell, and whether you're working with a time limit. If you're not really motivated to move soon, you can always wait - years if necessary - and hope inflation will catch up with the price you want. The problem is that in that time, your home begins to feel shopworn. Buyers become suspicious of a house that's been for sal... 10/22/2009

 Happy Tuesday everyone! It has been an amazingly busy day here at Westside Properties. We've hosted an extremely busy broker open house today at our listing at 15901 Alcima Avenue(website) in Pacific Palisades.               Josh and I also had the opportunity to cruise PCH up to Malibu to check on our new listing at 6360 Cavalleri Road(website). I ran across this article in the SFGate and figured to expose to my readers...especially the new-home buyers. The $10,000 state tax credit for new-home purchases could be revived soon for a limited-run engagement. Last week, the California Senate passed a bill 35-1 that would provide $30 million in tax credits to about 4,000 additional new-home purchases. The bill now moves to the Assembly floor, which could take it up as early as Monday. A sp... 10/20/2009

  4Malibu.com Bobby Lehmkuhl • Danielle Dutcher Broker Lic #01457517 • Broker Lic #01463653 DRE Certified Short Sale Negoitator Active Malibu Properties as of October 21, 2009 Beachside Landside   # of Actives Price Range     # of Actives Price Range SFR 71 $875,000 - $36,000,000   SFR 264 $269,000 - $65,000,000 Condos 34 $557,900 - $5,900,000   Condos 43 $379,000 - 1,995,000 Leases 165 $1,200 - $90,000,000   Leases 161 $1,600 - $50,000 Land 6 $198,500 - $13,500,000   Land 6 $24,900 - $29,999,999      SHORT SALES & REOsMALIBU, CAas of October 21, 2009 Address LP BR BA SF LSZ DOM SS/REO  26258 Fairside Rd. $800.000 4 3 1,796 5.955 360 SS  33439 Mulholland Hwy. $896,800 6 3 3,014 412,508 47 REO  11770 Pacific Coast Hwy. $949,000 3 3 1,854 3,799 601 SS  31341 Birdella Rd. 1,025,000 5 3 2,7... 10/20/2009

Showings and Open Houses  To prepare your home for viewing, make it as bright, clean, cheerful and serene as possible. Always look at your home from the buyer's point of view. Your REALTOR® will probably find a tactful way to suggest that you be absent while the house is being shown to prospective buyers, because your presence will inhibit their actions and conversations. They won't feel free to open closets and cabinets, test out the plumbing and discuss their observations objectively as they walk through the house. It goes without saying that your children and pets should not be on the premises either. If your REALTOR® has scheduled an open house, you may want to notify the neighbors, and assure them that they'll be welcome. They'll jump at the chance to poke around in your house, and... 10/16/2009

  As of October 14, 2009, there are currently 8 Short Pay - Short Sales on the landside and 2 Short Pay - Short Sales on the beachside. If you would like further information on Short Pays / Short Sales, I am a DRE Certified Short Sale Specialist. For additional information, you can also visit my website at:  http://www.4malibu.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2067020 SHORT PAY - SHORT SALES - MALIBU, CA SINGLE FAMILY - LANDSIDE Address LP BR BA SF LSZ YB DOM 26258 Fairside Rd. $800,000 4 3 1,796 5,955 1976 354 33439 Mulholland Hwy. $896,800 6 3 3,014 412,508 2002 41 31341 Birdella Rd. $1,025,000 5 3 2,776 7,105 1995 24 20404 Roca Chica Dr. $1,075,000 3 3 2,612 11,186 1964 79 21549 Pacific Coast Hwy. $1,249,000 3 2 1,905 7,753 1947 370 10935 Pacific View Dr. $1,... 10/14/2009

The Basics of Marketing Your Home Your REALTOR®'s marketing efforts and considerations will include advertising, showing the property, how long the house has been on the market and whether you're buying another home. Your home should be listed, whenever possible, through a Multiple Listing Service (MLS). Advertising and Promotion Properties are commonly advertised through real estate agent Web sites, Internet home search/listing services, classified advertising and real estate guides. Promotion efforts through office and MLS tours are a good way of getting other buyer agents to view your home and to promote it to the buyers they are working with. Even with all these advertising avenues, " For Sale" signs on front lawns are still remarkably effective. Many REALTORS® promote their Web sit... 10/14/2009