There are 15 blog entries for May 2012.
Thursday, May 31st, 2012 at 12:29am. 446 Views, 0 Comments.
The priciest non-Strand home in MB is one. It needed just 6 weeks to find a buyer.
The finished, furnished home has never been lived in.
The buyer changed course and bought a waterfront property 3,000 miles away. Turns out he needed yacht parking, and MB does not (currently) offer that. It was time to unload 128 5th here in MB, after all that work.
The list price: $6.799m.
Time on market: 43 DOM.
(For our review from late April, click…
Tuesday, May 29th, 2012 at 6:20pm. 465 Views, 0 Comments.
If you meant to sell (or buy) in the Spring, too late. Now comes what is more typically a slower time of year for both listings and sales. Inventory tends to climb gently throughout the Summer.
We dare not predict, though – 2012 has packed some serious surprises, with low inventory, a flip to more of a sellers' market and more and more sales stacking up that could make you say "huh?!?"
We did think this would be a good time for another check-in on inventory. Our newest chart (click to enlarge) looks at active and pending listings as of mid-February (the start of "Spring") this year and from another post…
Saturday, May 26th, 2012 at 10:20pm. 400 Views, 0 Comments.
This must be how Summer begins, when your body's ready for it.
And this is the weekend when, ceremonially, Summer begins.
It's also a weekend that new listings generally avoid. Why debut when "everyone" is away?
But fear not, there's one great MB destination home for the weekend looking for your attention Sunday, over at 625 31st, near where all the Snoopers were crawling just last week. It's worth your time if you're here in town Sunday.
To plan your weekend tours, try this Redfin map list of open houses – sort by price or sub-region of MB by clicking the title on a column.
Or click here for the more traditional Beach Reporter list of…
Thursday, May 24th, 2012 at 11:24pm. 457 Views, 0 Comments.
Below is a little selection of our photos from MBC's prime position at the start of the parade route.
We saw 100 entries, a few dozen dignitaries and notables, heard a few marching bands and old-time crooners, saw hundreds of girl scouts and a goodly number of boy scouts (girls win!), watched a few dozen horses hoof it, enjoyed endless numbers of elementary school marchers (plus MBMS kids too), and even caught both a stagecoach and Santa on virtual film.
A friend said lovingly of the parade: "So small town." But he quickly clarified: "That's why we love our little town!"
Wednesday, May 23rd, 2012 at 4:30am. 640 Views, 0 Comments.
|Current house at 636 8th|
Sure, $4.575m is still some kind of stratospheric price for dirt, but it's now about 6% off from the start price, and just 6% above the most recent, nearby, reasonably comparable lot sale in the Hills from 2010.
If you want to appreciate what they're offering at 636 8th (a 9950 sq. ft. lot), you might need to devote 2 minutes to our short video capturing those views:
The potential here is impossible to miss.
The problem is that it's a $7m++ project for whoever undertakes it, and that requires a rare combination of acquisition capital and patience to achieve the right result.
We recounted a list of Hill Section comps in our…
Saturday, May 19th, 2012 at 3:41pm. 450 Views, 0 Comments.
The true real estate must-sees are all on the Sophisticated Snoop tour, including some nice MB properties.
The tour includes this little "Monterey Colonial" beauty at 2523 Valley, which we've raved about here in the past. (Including the nice deal the current owners got in 2010.)
The other MB homes:
1148 Fisher, a standout architectural modern with ocean and PV views near downtown; and
652 31st, a "Coastal Carolinas" (don't say Cape Cod) inspired home on one of the prestige blocks of MB's Tree Section.
And there are 3 pretty nifty Hermosa homes on the tour as well. Hours are 10am-4pm Sat/Sun, $30 at the door if you did not pre-buy your tour tix. Here's the flyer.
Of course, this…
Friday, May 18th, 2012 at 4:29pm. 565 Views, 0 Comments.
For a time last Fall, there was 1417 Elm (5br/5ba, 3000 sq. ft.) on the market, a truly gorgeous bit of craftsmanship but a home with no real yard. The sellers held out for $2m+, didn't get it and rented the property out instead.
Recently we saw 1700 Elm (5br/4ba, 3200 sq. ft.) give it a go near $2.2m for a month, but that listing quit suddenly.
The sale at 2808 Elm has just closed, and it points to an upward market, doesn't it?
Last year, they couldn't get a nibble with the price as…
Tuesday, May 15th, 2012 at 3:00pm. 661 Views, 0 Comments.
No, there's not a single home that's both "clunky" and "beautiful" with ocean views. At least not among the current crop. Here's the roundup:
2300 Elm (5br/3ba 2780 sq. ft.) definitely qualifies as clunky. It's a dated, worn-out late-1980s home with an unusual layout.
Entry is off the side of the home (unusual), there's no real master bedroom (unusual) and one upstairs bedroom opens to a vast bonus room with wet bar (unusual).
We said no master – there's one one br with an attached bath, but it's a small bath, and whose master is off the living room?
The yard here is surprisingly ample for a 4480 sq. ft. lot, and could really be something with a little work.
Truly that's the story of 2300 Elm – a…
Saturday, May 12th, 2012 at 6:37pm. 516 Views, 0 Comments.
Yes, it'd be very nice to buy mom a new house for Mother's Day, but everything has to fall together just right.
A note to readers: We appreciate your indulgence as MBC's been a little bit light on content recently. Some of you have been keeping Dave very busy working on offers, negotiations and all of the details of pending deals, and that has sometimes cut into blog writing time. We're trying to keep up with everything, though.
To plan out your weekend tours, try this Redfin map list of open houses – you can sort by price or sub-region of MB by…
Thursday, May 10th, 2012 at 8:39pm. 635 Views, 0 Comments.
201 Larsson (3br/3ba, 3900 sq. ft.) is a bachelorish sorta-modern with a Miami Vice flavor, giving non-family buyers a lot of what they might want: Ocean views from the top of the hill, a big main floor for entertaining, including a pool and spa, a huge and utterly modern kitchen, grownup playroom with pool table and, separately, a substantial home gym.
201 Larsson has been offered off-and-on in 2009, 2010 and 2011, with prices as high as $3.3m and as low as $2.245m. The property racked up nearly a year's worth of DOM spread out over several listings.
Just last year, we were told there was a new motivation to sell, but the Fall 2011 listing flopped.
This year, Larsson came out…