Jul 29 2009
I’ve seen a few great deals pop up this week and the cash buyers are starting to come out of the wood work. If you want to discuss where the deals are at give me a call. There is a lot more to find out about a home than just asking price. I have the ability to look in to public records and see what is owed against the house, and often have a sense about what the seller or bank is willing to take. Call me and get the low down on the high end.
Apr 17 2009
The skinny!
Prices range from $700k in Coral Canyon to $6m on the beach at Sea Level near Broad Beach. Send an email and I’ll send the current list.
Here is a 6000 + sqft. homes for a $3,150,000! That’s about $500 /sq.ft…….a great deal in Malibu! Call 310 699 8428 or email for details.
E-mail Me!
Check out past articles on Reo, Bank Owned, Short Pays.
Listed with Shirley Sherman / West Side Estates
Apr 05 2009
I’m getting a sense that we may be at the bottom of the curve and a recovery to a normal market is at hand. Here’s why. The stock market has done well in the last few weeks, and some key indicators weren’t as bad as many expected. This is boosting consumer confidence. This week, a client who had decided to sit out the market for the last 5 months, called to start looking at homes in the $4m-$6m dollar range. They felt that prices were more reasonable and interest rates were about as low as they can get. I personally had numerous showings at a condo here in Malibu, and many of the top agents I’ve spoken with are all reporting a big increase in showings. Clients are still slow to write offers but they seem to be coming out and getting ready to strike at anything that seems like a good buy.
Watch the video below from San Francisco. Keep in mind that it is often California that leads the way in trends for the rest of the country.
Mar 17 2009
First off, Sea Level is a great beach. It is located just up from Broad Beach and has a cool, mini-community vibe to it. Residents leave kayaks and surfboards on the sand without any worry about someone stealing them. The 4th of July party there is huge and the beach is in better shape than Broad Beach right now. This could go out at a good price and is worth seeing if you are in the real estate market for a beach house in Malibu. Places like this also rent out for top dollar in the summer months. Listed at $5,950,000.
From the MLS
BEACH FRONT LIVING- LIGHT, BRIGHT AND A THIRD LEVEL DEN THAT OPENS TO VERY LARGE SUN DECK. GREAT MASTER SUITE ON THE WATER. GATED COMMUNITY. SELLER HAS CA. REAL ESTATE LICENSE. SHORT PAY SUBJECT TO SELLER HAVING LOANS ACCEPTABLE TO SELLER.
Check out this article if you want to be on my priority list for distressed listings in Malibu.
Listed with Bill Mason / Malibu Surf Realty
For Questions about Malibu real estate, leases, vacation rentals, and where to eat, call Michael Gardner Prudential Malibu Realty Cell: 1 310 699 8428.
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