Santa Monica will be doing lots of different cool events over the next months in celebration of the 100th anniversary of the Santa Monica Pier, but one of the COOLEST events for me is having Cirque du Soleil performing from October 16th to December 20th at the 1550 Lot just north of the Pier itself.
You can read more about it here at SantaMonica.com and you can check out the KOOZA website at this link: Cirque du Soleil KOOZA
Hope to see you there!
Have a nice weekend,
Tracey
Hmmm… Here’s an article that I came across this week stating that “we’ve hit bottom and home prices are now recovering”… Recovery Signs in Housing Market Stir Some Hope
Again, I will say, Hmmmm….
I would love to believe these words, but I personaly feel that it is still too early to tell from one report printed this week by those that very well may be manipulating the data to move sentiment among those that are getting very discouraged.
Not sure.
But, either way, “across the nation” really does not reflect what’s going on here in Santa Monica or the Westside. Yes, we are seeing some price adjustments moving between 5% and 15% lower than the seller’s asking price, but nothing (thank goodness!) compared to some markets around the U.S. that are nose-diving to 50% below asking price.
Again, I will repeat what I always say, and that is that our location and unique luxury features within Santa Monica and most of the Westside have continued to hold their value over time (even throughout this housing crisis) and remain a premier destination that the right buyer will pay a premium for…
If you’re concerned about listing your home and not receiving what you feel it’s worth, give me a call and we can discuss my killer strategies to get your home the best exposure available in front of very qualified buyers.
No worries, there is definitely still movement out there in the market, albeit slower, but nothing too too discouraging (just yet)!
That’s it for this week…
Have a good one,
Tracey
If you think that people have stopped buying expensive homes because of this recession, you need to think again.
Ok, sales are not “through the roof” like they have been over the past few years, they have slowed down, but there are still a lot of homes selling out there in the $5-15 million range, and even more in the $1-5 million range…
Life is still “happening”, despite this recession and those with cash are like kids in a candy shop with the incredible selection that they have to choose from!
So, don’t be discouraged if you need to sell your home on the Westside, there are buyers, believe me… and if you are in search of a great new home in a place that you never thought you could afford, then you are definitely in luck.
If you are an investor… there are no words, other than “Have at it!”
Have a great weekend,
Tracey
