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marina del rey condominium market report: Marina Del Rey, CA Condominium Market Report for February 2012 - 03/11/12 10:21 PM
Marina Del Rey, CA Condominium Market Report for February 2012 Recent data suggest that the worst may be over and that the housing sector has begun to stabilize. This was on MSN.com a widely read portal on the internet. "While we still have a long way to go back to normal, the latest numbers are one more indication that housing is slowly turning the corner," Bob Nielsen, chairman of the National Association of Home Builders, said recently. David Crowe, the association's chief economist, added, "We anticipate continued, slow improvement in housing starts and sales through 2012." Comments like this are (0 comments)
marina del rey condominium market report: Marina Del Rey Condominium Market Report for January 2012 - 02/14/12 03:45 PM
Marina Del Rey Condominium Market Report for January 2012 The Marina Del Rey Condominium Market report is a bit late this month. Nevertheless the information is important and close to two months ahead of the Main Stream media’s reporting of the information. While the short term economic picture may be mired with uncertainty many indicators point to the financial strength of most companies, hence that will translate to consumer confidence and ultimately will reduce the high unemployment figures. That of course will help the Real Estate Activities. That in turn will help the economy. So with that said let me recap (15 comments)
marina del rey condominium market report: Marina Del Rey, CA Condominium Market Report for the month of December 2011 - 01/07/12 08:35 PM
Marina Del Rey, CA Condominium Market Report for the month of December 2011 As we closed this challenging year in Real Estate and in the overall Economy, I am truly glad we can start a New Year. So let’s review, we had the fear of a double dip recession, European crisis in Italy, Greece, Portugal to name a few. Then we had the Japanese Tsunami and the various other catastrophes around the world. All this has impacted the housing market. Let’s keep in mind that the debt crisis at home and in Europe will continue to linger on in 2012. Ironically (14 comments)
marina del rey condominium market report: The Marina Del Rey Condominium Market Report for the Month of October 2011 - 11/06/11 06:06 PM
The Marina Del Rey Condominium Market Report for the Month of October 2011 The Global Economic volatility continues and Europe’s problems are visiting every part of the world. The roller coaster ride of will China bail out Europe or not and will Greece take the offer of saving their as well as the rest of the Global economies or will they turn it down? It was a busy month for all. Hence if you are an investor would you want to invest in Europe and specifically Greece? The answer is clear to me, if you are an investor you need to (2 comments)
marina del rey condominium market report: The Marina Del Rey Condominium Market Report for the month of September 2011 - 10/02/11 08:59 PM
The Marina Del Rey Condominium Market Report for the month of September 2011 Every month as I am about to write my Condominium Market Reports, I am a bit nervous and wondering how the particular pocket of the area fared, since I am unable to gage the activity based on the news media’ s observations. I am confident based on the activities of the past couple of months that we are heading in the right direction. Interest rates are at an all time low and the Stock Market has been a Roller Coaster Ride, hence a perfect recipe to go to (1 comments)
marina del rey condominium market report: Marina Del Rey CA Condominium Market Report for the month of August 2011 - 09/10/11 07:17 PM
Marina Del Rey CA Condominium Market Report for the month of August 2011 There has been a lot of Turbulence in the world as well as the US economic arena. This always makes me pause and wonder what effect it will have on Real Estate in my geographic area of practice. Interestingly I have finished posting three other micro real estate markets and they all fared very well. So with that said, let’s see how the numbers were in Marina Del Rey, CA.
Currently there are 139 Active Condominiums on the Market available for purchase. This was a huge (2 comments)
marina del rey condominium market report: Marina Del Rey, CA Condominium Market Report for the month of July, 2011 - 08/06/11 11:18 AM
Marina Del Rey, CA Condominium Market Report for the month of July, 2011Finally the Debt Ceiling cloud is resolved for now and buyers and sellers of luxury Condominium in Marina Del Rey can return to what we call the ‘normal real estate market’. When I say ‘normal’, I am referring to the new “normal” in today’s turbulent economic times. The long term ramifications are unknown at this time. Once thing is clear there will be an economic slowdown for a number of reasons. One important reason is the Economic uncertainties in Europe, particularly Greece, Spain and Italy. You might be wondering, (7 comments)
The month of June was very active for me, many listing appointments, and a lot of viewing of my listings. Hence I am a bit late with my Market Report. As most of you who read my Market Reports consistently will notice that my focus is always on the Trends. I have been reading a great deal about higher interest rates being on the horizon. This is based on the premise that, the Federal Reserve's second round of quantitative easing (QE2 that it is referred to) has ended with the close (2 comments)
As most of you who read my post consistently, know I am a firm believer that you have to look at a Real Estate Market Report not just as a snap shot of the previous months activities, but rather as what the Trend is. If we observe and monitor the trend, than we can make educated predictions of activity for the near future of the Real Estate activity in a particular pocket. Unfortunately there are events that are beyond our control that will impact the local Real Estate activity. Last month (7 comments)
As you know I have been blogging for years about the benefits of living in Marina Del Rey. Those of you who know me are aware I live here and I am a bit biased. So for some of you who are not familiar with Marina Del Rey, it has a population of approximately 8200 people with about 19 marinas that have a capacity for about 5300 boats. The entire Marina Del Rey consists of only 1.5 square miles of which only .9miles is land and .6 is water. So if (4 comments)
marina del rey condominium market report: The Marina Del Rey Condominium Market Report for March, 2011 - 04/09/11 02:56 AM
The Marina Del Rey Condominium Market Report for March, 2011 As you know I live in Marina Del Rey, I live and blog about the virtues and benefits of living here. I have lived all over the world and this is one of my favorite places. So without being partial let's look at the Market results for March. As I mentioned last month that Credit has loosened up a bit and consumer confidence is on the road to recovery. Keep in mind it is still a very fragile confidence and as long as there are factors which create fear, these factors (3 comments)
marina del rey condominium market report: Marina Del Rey, Condominium Market Report for December 2010 - 01/08/11 06:52 PM
Marina Del Rey, Condominium Market Report for December 2010. Well here we are and 2010 is in the history books and we are well on our way into 2011. So let us look how last year fared with an expanded explanation. There were 155 Condominiums listed for Sale this is almost identical to the numbers in December 2009 it was an increase of 2 % which is very interesting. On the other hand expired listings increased by 29%. What this tells us is that it takes a lot longer for a Condominium to sell compared to a year ago. This is (2 comments)
marina del rey condominium market report: Marina Del Rey, CA Condominium Market Report for October 2010 - 11/04/10 02:45 AM
Marina Del Rey, CA Condominium Market Report for October 2010 I f you have been keeping an eye on the weather in addition to the election results, you would have noticed that we had a Heat wave now for the past three days. Los Angeles was backing and 97 degrees was the daytime temperature. Here in the Marina it was a comfortable 74 degrees. We complained that we did not have a summer, well October an now November is making up the difference. BTW I have not heard anyone complaining here. Not only the weather has been heating up, so has (3 comments)
marina del rey condominium market report: Marina Del Rey CA Condominium Market Report for the Month of September 2010 - 10/03/10 06:15 PM
Marina Del Rey CA Condominium Market Report for the Month of September 2010 Marina Del Rey CA Condominium Market Report for the Month of September 2010 As most of you know Marina Del Rey, CA is a beach community and one can consider it as a Suburb of Los Angeles CA. Depending where you live the beach can be walking distance of a few feet or furthest around 2-3 miles from the beach. Needless to say depending if you buy a Townhome, or a Single Family Residence, or a Condominium the Value increases if you have an Ocean View Property as (2 comments)
Endre Barath,Jr. Realtor Los Angeles Home Sales 310.486.1002
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