Found 40 blog entries about THs.

Here we were just saying last month that "[a]uctions are fun. Auctions are interesting."

710 Manhattan Beach Boulevard Manhattan Beach CAThere was one coming up for a condo at 710 MB Blvd.(3br/3ba, 1675 sqft.). On Saturday, they were going to auction it off. (See "Auctions Aren't Always Distress Calls.")

But no.

Because the "luxury auction" was much more in the discretion of the seller. By setting what they thought to be a low "come-on" start price of $1.475M, they planned to draw a bunch of offers and sell for more.

Now the whole gambit is postponed.

Instead of sorting through bids on Saturday, they cut the price $100K to $1.375M and extended the time for the "auction" to take place.

Now it will be Oct. 22. Probably.

Are buyers feeling the need to rush?

They're not really doing…

Auctions are fun. Auctions are interesting.

710 Manhattan Beach Boulevard Manhattan Beach CAThere's now one coming up for a condo at 710 MB Blvd. (3br/3ba, 1675 sqft.), but it's not what it first appears. This auction is also different.

The listing's come-on start price of $1.475M is intended as an irresistible low bid, a screaming deal that helps form a line at the front door.

So, should buyers rush to get in that line? Or wait? Or what?

Frankly, it's confusing. 

This "luxury auction" is more of a gambit intended to drive buyers wild than it is a more "typical" auction.

You might wait till the October 8 auction date, or you might try to make a deal sooner. They're not committed to going all the way to October. The company running the auction swears that most properties offered this…

There has been no doubting the pricing trend on Sand Section townhomes: Up.

They've just pre-sold one new construction townhome on Manhattan Ave. south of the pier for a reported $5M, and now the back unit of that complex-to-be is looking for nearly 6.

Early this year you had 611 Bayview (3br/4ba, 2720 sqft.) setting the tone, coming in with a closed sale price of $4.650M – a case where the prior sale on the same unit was just 2 full years prior at $3.250M, or 43% less.

428 23rd Street Manhattan Beach CAIn context, then, the Feb. 2016 sale price on the brand new, large townhome at 428 23rd (4br/5ba, 2735 sqft.) at $3.745M might not have been too much of a shock.

Even if it was a bit of a shock.

The 400 block of 23rd is a nice location. We've got clients right nearby. This…

If you're a writer or a reader (hi there!), you might know the old saw about headlines that are written in the form of a question.

According to what's known as Betteridge's Law of Headlines, if a header ends with a question mark, the answer is "no." (Example: A blog post titled, "Do Most People Know Betteridge's Law of Headlines?")

But here at MBC, we like toying with tradition. Defying expectations. Mixing it up.

Manhattan Pointe Townhomes Aviation Place Manhattan Beach CAAnd so it was with our headline on a December post about the "Manhattan Pointe" condo complex east of Aviation Blvd.: "Big Bump Coming at Aviation Place?"

Then, most definitively, our predicted answer to the question was, "Yes." A "big bump" was coming.

There had been no sales at all in the 28-unit complex of row-house-inspired…

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