Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Simon says: "What happened to our real estate values in 2007?"
Written by Simon Salloom. Originally Published in the Santa Monica Daily Press.
So, is everyone ready to see how 2007 stacked up against 2006? And, how it looks compared to our peak in 2004? Please note that in this article, 2004 is considered the peak of our most recent housing boom because of the number of transactions that occured.
In 2007, Santa Monica Single Family Homes hit their highest median sales value of $1,691,750. In 2006, the second highest year on record, we ended with a median sales price of $1,575,000. The sales dollar volume (the amount of dollars spent on Santa Monica houses) was up from $510,541,226 in 2006 to $569,571,243 in 2007.
The number of days on market in 2007 averaged 46 days, (up two days from 44 days in 2006). The number of single family properties sold was 263 in '06 and 270 in '07.
Overall, Single Family Homes in Santa Monica did notably better in 2007 versus 2006. The increase in the median sales price by about $100,000 and a slight increase in the number of homes sold, is in striking contrast to the media's accounts of collapse and misery.
Santa Monica Condominiums had a different experience. Santa Monica Condos had a median sales price in 2006 of $755,000. In 2007 the median sales price increased to $783,000. Sales volume was at $417,848,122 in 2006. While in 2007, sales volume was down notably to $358,869,970.
The average days on market was about two months (57 days) with a total number of sales at 408; this is a decrease in the number of sales from 485 in 2006. It is also an increase of almost two weeks from the 44 days on market experienced in '06.
In consideration of the decrease in number of sales and the almost two week increase in days on market, the demand for condos went down in 2007 over 2006, even though median sales values increased.
A more studied approach of the condo market will show that higher-end condos (properties sold for over $850,000) had shorter days on market than the lower end condominiums. And, the North of Wilshire neighborhood faired better than most other condo markets.
Last year also experienced a significant mortgage industry shake-up. First-time homebuyers are the most suceptible to increased lender scrutiny, and these are the people who buy entry level condos. My guess is that once the mortgage industry settles down, and it becomes easier to attain mortgages, the condo market will begin feeling a little better.
At the height of the condo market in 2004, the average days on market was 42, there were 677 sales and a total sales volume of $465,763,460; the median sales price was $622,000.
For single family homes in Santa Monica in 2004, there were 333 sales, the average days on market was 37 and the Sales Dollar Volume was $549,427,055. The median sales price was $1,425,000.
So, some changes to our market yes. Misery, tragedy, desperation-- no.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.