Malibu Condos/Townhomes Sales Only two Malibu condos sold this past week. One unit in Malibu Canyon Village (23901 Civic Center Way #379), that was listed at $499,000 just closed for $478,000.  The 3B/2.5B unit at the Pointe(6477 Zuma View Pl. # 125) was listed at $889,000 and closed at $865,000. Malibu Leases Seven properties leased out. A 2B/2B unit at 18147 Coastline Dr. leased for $3,550. Three of the properties leased out at their asking price. The Malibu Canyon Village 2B/2B unit leased at its full asking price of $2,850. A 2B/2B in Villa Malibu leased out at its full asking price of $3,750. One 2B/2B unit in Malibu’s Outrigger leased out for $10,000. Three single family residences leased out; 6122 Tapia Drive off of Trancas Canyon leased out for a substantial discount at $4,000... 08/27/2013

  Do you have a morning routine? Did you know that the first few hours of your workday have a significant effect on your level of productivity for the day? Eat a proper breakfast. This will help you have the mental energy needed to last throughout the day and deal with everything thrown your way. It will also help you stay more physically fit. Arrive on time. Although this may be obvious to most, not everyone gets it. If you arrive late, your entire day can be thrown off. If you arrive on time, you will feel a better sense of accomplishment. Take a deep breath. Many people deal with stressful stuff at home, prior to leaving for work. Then many face a horrendous commute and then they have to dive right into work stuff. Slowing down and taking a deep breath can help. Make this a part of y... 08/26/2013

If you’re looking for a great Malibu rental, 4 Malibu Real Estate Partners has three very distinct, different opportunities. For those looking for a furnished Malibu rental, there’s a great ocean view unit in the Malibu Villas. Pepperdine students are welcome! You’re just a few minute walk to Paradise Cove. The Malibu Villa complex offers a pool, spa and community clubhouse. Just pack your clothes and a toothbrush. Everything else you need is already here. Offered at $3600/mth and listed by Tamara Ravsten. Click here to view additional photos/info. 28386 Rey De Copas Ln., Malibu, CA 90265 MLS #13-693237 For those wanting to live in a house, versus a Malibu condominium complex, 505 Thrift Rd. may be the perfect fit. Conveniently located, you’re just minutes to Malibu beaches or the 101 f... 08/26/2013

  Freddie Mac reported that mortgage rates are at the highest they’ve been in two years. Thirty- year home loans are being offered at an average of 4.58%, which is up from last week’s average of 4.4%. This is the highest rate Freddie Mac has reported in over two years. The popular alternative to a thirty-year fixed loan, the fifteen-year fixed loan, was also up to 3.6%, from last week’s 3.44% and last year’s 2.89%. These rate jumps have had their impacts. Wells Fargo, the number one mortgage lender, is cutting nearly 2,300 of it’s employees within the next two months blaming it on that fact that there is way less demand for refinancing, as compared to last year. Also, there are fewer foreclosures and delinquencies than last year. A Wells Fargo representative said the layoff impact in th... 08/23/2013

  This Week in 4 Malibu Real Estate  August 21, 2013 Featured Stories LA Housing Market Tiny Houses Quick Links Leasing Dept. Property Mgmt.  Malibu Market Stats  Press  Blog   4 Malibu Real Estate Partners 22775 Pacific Coast Highway Malibu, CA 90265 O: 310.456.3655 | F: 310.218.2117 | Info@4Malibu.com www.4Malibu.com  Company Listings | Company Sales     4 Malibu Blog   Malibu's Super Yacht  Weekend with the Luna & Invictus July's Southland Home Prices Stay the Same as  June's, but Sales Increased Just Listed by Bobby  Lehmkuhl Malibu Ocean View Town Home   Los Angeles County entering new housing market cycle As reported on the Herald Online, Redfin's Local Insights report as summarized below is based on stats compiled from the Multiple Listing Service, agent interviews, and public s... 08/21/2013

As reported on the Herald Online, Redfin’s Local Insights report as summarized below is based on stats compiled from the Multiple Listing Service, agent interviews, and public sales record data. The report states that Los Angeles real estate is moving towards becoming a more balanced market, and in this transition, it is moving away from a intense seller’s market.  Median sales prices between June 2013 and July 2013 rose nearly 26% due to low inventory and increased demand, which resulted in bidding wars. The Los Angeles real estate market has been inundated with foreign buyers, investors, flippers and first-time home buyers since last year, mid-year, due in part to low mortgage rates and rising home prices. Although this frenzied buying pace has begun to slow down, Los Angeles County r... 08/19/2013

      DataQuick reported that Southern California’s July home prices remained flat, as compared to June as interest rates rose and more houses went on sale. The six county region median sales price was $385,000 for both June and July. The median price is over 25% higher as compared to last year in July. Many are questioning how long these home price gains will continue. Prices have risen quickly this year in part due by an improving economy, investor demand and low inventory. Buyers purchased a reported 25,419 new and resale single family and condominiums. John Walsh, the President of DataQuick believes the increase in activity is due to the rising inventory of homes for sale. Economists believe that price increases will begin to moderate as more owners put their homes on the market and... 08/16/2013

  As reported in the LA Times last month, a report released by global real estate firm, CB Richard Ellis stated that the Chinese will be spending billions of dollars on U. S. real estate within the next few years. Realtor.org reported China as being the top three foreign buyers in real estate. The top three countries of choice for these Chinese buyers are the United States, Canada and Australia. Particular cities of choice where they are on quite the spending spree in the high-end market are New York, San Francisco and Los Angles. According to the Chinese real estate website Juwai.com, in 2011, Chinese buyers bought over $10 billion of U.S. real estate and they account for 9% of foreign U.S. house buyers. These Chinese investors see real estate in the United Stats as a big bargain, due ... 08/12/2013

  We’ve all seen some seen some pretty bad paint jobs on houses before, but this one is raising a lot of negative attention. One homeowner in East Hampton, N.Y., greatly upset his neighbors when he posted a sign outside his house stating; “Help paint a starving artists house. Throw a pint.” His whole house, even the windows and doors are now covered with splashes of paint. One angered neighborhood told the East Hampton Patch that it degrades the whole neighborhood and everyone’s property value goes down. He asked, “Why would you buy a house next to him?” The homeowner was issued notices of violation by town officials over the state of his property months back. The homeowner did not respond and he is not required to go to court. This is not the first time this particular homeowner has ha... 08/06/2013

  According to California Home & Style blog, the top five California Beach Escapes are Cayucos, Santa Barbara, Sonoma Coast-Bodega Bay, Coronado Island and last, but not least, Malibu. Santa Barbara, a.k.a. the “American Riviera” is about one hundred miles north of Los Angeles. Some of Santa Barbara’s best know beaches areEl Capitan Beach and State Park, Goleta Beach, Leadbetter Beach and Hendry’s Beach, to name a few. Santa Barbara is also famous for its outdoor recreation, wineries, dining and restaurants. (Photo courtesty of Flikr.com) Cayucos, the coastal town located halfway between Los Angeles and San Francisco is known as one of the “last California beach towns.” It remains relatively untouched by major development and continues to hold its small town charm with its boutique stor... 07/23/2013

  As reported on the LA Weekly blog by Dennis Romero, Los Angeles real estate today is mirroring the market in 2006. All cash offers, investors flipping properties, multiple offers, over-asking offers… Real estate broker Red fin says things cooled off in May this year, slightly. It was reported that Los Angeles real estate showed just over 86.1% of listings had competitive bids in May versus April’s 86.2%. What does that mean? 8 to 10 listings are seeing multiple offers. Los Angeles was only beat out by San Francisco. Orange County came in third, followed by San Diego. Los Angeles and Orange Counties faced competition on more than 8 out of 10 offers. Los Angeles real estate competition saw just a .1% drop from April to May in the rate of offers met by other bidders. 07/22/2013

The 5 Hottest LA Real Estate Neighborhoods Los Angeles County real estate has been on fire. Experts are saying that economic recovery does not even come close to explaining the ridiculous levels of interest in home buying. Cash is king and bidding wars are common. Many will be surprised to learn that some of the hottest areas with some of the highest price increases do not include a Malibu 90265 zip code or a Beverly Hills 90210 zip code.  According to a report by Redfin, the five hottest Los Angeles real estate neighborhoods just so happen to be inner city communities. From June 2012 to June 2013, these areas reported the highest increases per square foot. Check out their top five listed cities. Top Los Angeles Real Estate City #5 – Mid-Wilshire The median price per square foot is $551... 07/17/2013

Bank of Books, Malibu, CA 90265 As many independent bookstores and chain bookstores have been closing over the years it is a pleasure to report that another independent bookstore has opened in Malibu, CA and is going on their sixth month of existence! I was at Point Dume in Malibu and needed a great cup of coffee and look what I found as a bonusJ. The best part is after a bit of research I discovered that not only do they sell used but new books as well. Since Malibu is about 18 scenic miles on the Pacific Coast Highway and there is another independent bookstore at the other end this makes perfect sense. Many locals would not want to drive all the way to the other end of Malibu to go to a bookstore. Hence it makes perfect sense to open one here at Point Dume. Point Dume VillageHeathercl... 06/30/2013

  Who is the Mystery Man in the Scottie Pippen Malibu, CA  altercation?   As most of you heard on the news that Scottie Pippen former Chicago MBA player , a  Michael Jordan’s team mate of the Dream Team, was involved in some altercation outside Nobu’s Parking lot in Malibu.  As some of you know NOBU is a great Sushi Restaurant (of Matsuhisa the Uber Chef and De Niro the actor’s fame).   Everyone has been focusing on Pippen, NOBU and now Celebrity Attorney Mark Garagos. There are various versions of what happened in this great Ocean View Malibu Restaurant’s Parking lot. No one took a picture of the mystery man. No one knows his name. Well thanks to a local Realtor Endre Barath, Jr. who happened to be in Malibu, CA and had camera in handJ here is the picture maybe or maybe not J Is this t... 06/27/2013

Sick Sea lions in Malibu, CA Update!!    As most of you remember in March, Sick Sea lions have been washing up the coast of California, from San Francisco to Southern California Beaches. This has been going on for the entire month of March & April. Totally devastating and a sad occurrence, I almost did not want to write about these occurrences since it is so depressing. (Ultimately I did not until now)   All the news media have picked up these occurrences, the sea lion incident in Laguna Beach with the former US Representative’s daughter and husband the Astronaut Mark Kelly having their dog loose, not on a leash that killed the sea lion pup made the internet. Ironically the focus was on the celebrity status of the owners rather than focusing on the problem of why are Sea lion pups washi... 06/23/2013

Truth in the Media: Miami Heat pops 100 bottles of Dom Perignon worth $100,000. NOT!!!   As most of you know I have been an advocate of Truth in the Media. So you can imagine my outrage when I heard that the Miami Heat popped 100 bottles of Dom Perignon worth $100,000. Ok first my reaction was why waste a nice luxury Champaign for showering each other (see link http://bossip.com/602970/makin-it-rain-on-them-hoes-championship-miami-heat-team-popped-100-bottles-of-pricy-dom-perignon-after-their-win-worth-100k-in-the-club/ )   Ok now let us look at the Truth. Enclosed here is a picture of a vintage 1993 Dom Perignon at today’s market price it is worth around $360 per bottle.  As most of you will guess they probably had at best 2003 Vintage. So my best guess is around $160 per bottle. OK no... 06/21/2013

  According to a recent report from Coldwell Banker Previews International, Malibu placed seventh on the list for the number of homes selling for ten million or more.  Malibu places among one of the top places the richest of the rich love to live, as well as Beverly Hills, Brentwood and Bel Air. Coldwell Banker Previews International reported that from January 2012 to December 2012, Beverly Hills tops the chart with twenty-one homes sold at ten million or more. If you’re in the market for Malibu real estate, we have inventory (on-and-off market). Click here for more information. Top ZIP Codes for Sales of Homes $10 Million of More ZIP Code Location Homes Sold 90210 Beverly Hills, CA 21 81611 Aspen, CO 16 93108 Montecito, CA 15 90077 Bel Air, CA 10 33139 Miami Beach, FL 8 90049 Brentwood... 04/14/2013

Malibu, CA what is the Luxury Real Estate Market like? Often times I get asked what is the Malibu Luxury Real Estate Market like? First I am thrilled that I get asked, unlike two years ago no one really asked me, now it is back in the everyday conversation. Second I smile everything in Malibu is Luxury Real EstateJ The better question is:  how  is the Real Estate Market on the Beach Side  or conversely how is the Real Estate Market on the Land Side of Malibu? So instead of giving generalizations, like many people like to do, I prefer to give factual information. These numbers are taken from the Multiple Listing Service covering the period of January 1st, 2013 to January 31st, 2013. I have separated the statistics based on the Ocean Side vs. the Land Side. Now you tell me what you think ... 03/22/2013

  Sunset Mesa, a community that overlooks the Pacific Ocean and basques under the California sun, has many attributes that draw in its residents. In the beginning, there were two housing developments, Sunset Mesa & the Pacific Riviera. Sunset Mesa eventually took full title, as “mesa” means “table” in Spanish, and it best describes the plateau that is carved into the cliff that has panoramic ocean views. The mansionization that has occurred and plagued some nearby communities has been effectively prevented due in large part to the strict CC&Rs regulating the Sunset Mesa community. Keeping trees trimmed and running underground utilities help protect views. There are about fifty-three condominiums and about five hundred single-family homes. When originally sold, they were built as track h... 03/20/2013

  The travel service website, Gogobot.com, has listed fifteen of the most popular beaches in the world. Malibu’s Point Dume State Beach ranked fourteen out of fifteen. La Jolla Shores in San Diego topped the Best Beaches list.    1. La Jolla Shores, San Diego, Calif., U.S.2. South Beach, Edgartown, Mass., U.S.3. Leblon, Rio de Janeiro, Brazil4. Baker Beach, San Francisco, Calif., U.S.5. Lanikai Beach, Kailua, Hawaii, U.S.6. Manly Beach, Sydney, Australia7. Baga Beach, Goa, India8. Konyaalti Beach, Antalya, Turkey9. Coney Island, Brooklyn, N.Y., U.S.10. Boulders Beach, Cape Town, South Africa11. Kaanapali Beach, Lahaina, Hawaii, U.S.12. Playa de la Concha, San Sebastian, Spain13. Lake Como, Italy14. Point Dume State Beach, Malibu, Calif., U.S.15. Siesta Key Beach, Fla., U.S. 03/15/2013