el segundo: Marina del Rey, CA. Hospitals - 09/11/08 02:19 AM
As I sit infront of my computer screen I am reflecting on seven years ago the tragedy we faced in this country that changed everything. Here we are on the night of 9/11 and I was wondering what if something happened here in the Marina. Where would a new person that … (3 comments)
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el segundo: South Bay- Beach Cities: August SOLD 2007 - 09/18/07 10:12 PM
Redondo Beach: Golden HillsWhat a difference a few weeks can make. Overall sales have slowed in all the Beach Cities as buyers adjust to new lending rules and sellers grapple with how those changes will affect potential buyers for their homes. Buyers will continue to find qualifying more difficult then in … (8 comments)
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el segundo: CAN YOU BELIEVE, “St. GREENSPAN” DIDN’T KNOW? - 09/17/07 10:34 AM
Even Alan Greenspan didn’t realize the danger to the nation’s economy as a result of faulty mortgage loans. As Chairman of the Federal Reserve, wouldn’t mortgage fall under his watch? His explanation is in “Fed Speak,” as are all communications from the Federal Reserve.As I understand it, the idea behind the … (3 comments)
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el segundo: Chicago Considering Adopting Paris Self-Service Bike Scheme. - 09/13/07 01:44 PM
Chicago? (Kind of hard to get around in the snow with a bike. And the humidity without A.C. might be unbearable at times.) How did the South Bay (So California, USA) overlook this opportunity to put a major dent in the areas of horrendous gas consumption, and to help get the … (4 comments)
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el segundo: Manhattan Beach CA:South Bay- Beach Cities.. Sold July 2007 - 08/17/07 01:13 AM
Manhattan Beach Walkstreet
What a difference a week can make. Had I posted Beach Cities: Sold July 2007 figures the first week in August I would have said that rates were low and the market was chugging along although at a slow rate. That was before August 4 and the collapse of … (11 comments)
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el segundo: California: Tops on Best Places to Live List - 07/24/07 02:28 PM
Where Do You Want to Live?
A new report from Money Magazine on the Best Places to Live in the U.S.. spots California with three big cities on the top 10 list of best places to live. Los Angeles is number 4 in the large U. S. city category. No surprise.. … (10 comments)
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el segundo: South Bay Beach Cities: Things to do on the Fourth - 07/01/07 09:07 PM
El Segundo:
Plan a day of fun in El Segundo with two events..
10:00 am-2:00 pm Rec Park
5:00 pm -9:00 pm 300 and 400 block of Eucalyptus
Lots of games and food and live music
8:30 pm Fireworks at Stevenson Field (tickets a must for grandstand seating.. $3.00 pre-sale … (11 comments)
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el segundo: Manhattan Beach and the Beach Cities: Why Rents Are So High - 06/19/07 01:13 PM
Rents in the South Bay/Beach cities are among the highest in Los Angeles County and in California. But then rents in most coastal cities in California are very high. A lot of people want to live at the beach and either can't or don't want to buy a property. In the South Bay … (10 comments)
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el segundo: Manhattan Beach.. Where's the Housing Crash? - 06/14/07 04:56 PM
Lots of stories in the news about falling home sales and growing foreclosures. Some stories point to the downfall of the housing market while others seem to view things with a more local perspective. Dan Green in his blog The Mortgage Reports has an interesting take on the cities that … (8 comments)
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el segundo: Some Nice Selections - 05/17/07 05:44 PM
I’ve been sending out some of the nice selections locally to a picky market. Hard to figure. People seem to be very selective with no particular reason. Even 4-unit listings are beginning to make an appearance after it seems like a lifetime of sitting in the weeds. Buyers are simply finding … (0 comments)
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el segundo: An El Primero Town - 05/15/07 05:35 PM
For a little town with nothing fancy going on, and a few entrances that make it look like a grungy scene from the old ‘78 film noir movie with Robert De Niro, “The Deer Hunter,” El Segundo is slowly becoming an El Primero town with one of a kind restaurants that … (1 comments)
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el segundo: Beach Cities SOLD March 2007 - 04/20/07 01:52 PM
Take a TOUR of South Redondo.What's Happening in the Market?The South Bay/ Beach Cities home market is as unpredictable as ever. Headlines in newspapers and sound bytes in the media push the fallout in the sub prime loan market. Forecasts of thousands of foreclosures are being blasted eveywhere. Meanwhile in our … (0 comments)
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el segundo: Negative Amortization Loan Disclosure. - 04/14/07 02:56 PM
Borderline consumers with low FICOs, No Doc Stated Income Loans etc, who are in need of a loan to make a mortgage loan work, are likely to be approached with a negative amortization loan. Why? It’s simple: the lender is about to make a huge profit from higher interest rates, … (5 comments)
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el segundo: Up Up and Away... Market Snapshot Beach Cities - 04/13/07 11:48 AM
What's wrong with this picture.. no sub prime loans, prices are not nose diving, inventory is declining and buyers are once more in multiple offer situations. Guess it must be Spring in the Beach Cities.
Here is the breakdown for available listings and number of sold properties in the Beach Cities:Manhattan Beach: … (6 comments)
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el segundo: U-Haul's #1 Destination City is in CA... A Beach City? - 03/28/07 12:32 PM
I was listening to my favorite afternoon radio talk show yesterday.. John & Ken on KFI. They were talking about an article in the LATimes about why residents in other states disliked Californians who moved into their states and changed things. One of the biggies was how California transplants have influenced NO SMOKING laws … (15 comments)
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el segundo: Beach Cities SOLD prices for February - 03/19/07 05:46 PM
Hermosa Beach tour
February is not only a short month but usually also a slow one. There is a lot of property currently in escrow ( sale pending). We should see more action as properties close in March reflecting a 45-60 day escrow period. Here's a quick snapshot of home sales in the … (4 comments)
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el segundo: Manhattan Beach and the Beach Cities... Chic and Unique? - 02/26/07 09:46 PM
Brian Brady wrote a terrific piece You Can't Miss with this Real Estate(if you can afford it) about why some markets will always be high priced. I think the South Bay Beach cities.... Manhattan Beach, Hermosa Beach, Redondo Beach and the Palos Verdes Peninsula should be added to his list. The Donald has built a … (15 comments)
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el segundo: 265 homes sold in 25 days or less - 02/22/07 04:12 PM
Since January 2007 the real estate market has really taken off. I pulled some stats directly from the multiple listings 1/07- 2/20/07. 265 homes (in the South Bay beach cities) sold in 25 days or less. Many other homes sold in Jan, but they were on the market longer. It is an active … (0 comments)
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