Ocean Avenue South 3

by Jodi Summers Woo Hoo! Santa Monica’s recently developed Ocean Avenue South has been honored as a 2016 ULI Global Award for Excellence winner. The residential mixed-use, mixed-income development was one of 11 real estate development projects from around the globe. The ULI 2016 Global Awards for Excellence is one of the land use industry’s […]

Los Angeles Rent map 2016

by Jodi Summers Expect the average rent on an apartment in much of Southern California will rise by at least $100 over the next two years, concludes the USC Casden Multifamily Forecast, released by USC’s Lusk Center for Real Estate. Beacon Economics prepared the report for USC, analyzing rents, housing supply and population growth in […]

let us host

by Jodi Summers Do you want to know what rental prices at the beach have gotten so high? Short-term rentals have pushed up the demand and thus the price. The Los Angeles Alliance for a New Economy, a labor-backed advocacy group, estimates that more than 7,000 houses and apartments have been taken off the rental […]

humback whale with paddle boarders

edited by Jodi Summers Here’s some fascinating cocktail party information you can share about Santa Monica Bay: Santa Monica Bay is an integral part of the larger geographic region commonly known as the Southern California Bight, according to www.santamonicabay.org. The Bay itself is the submerged portion of the Los Angeles Coastal Plain. It is bordered […]

new-york-city-skyline

edited by Jodi Summers Its official, cities that are tech hubs yield the most income per worker. Many of the most productive areas in the U.S. economy are cities that the headquarters of the world’s largest technology companies. The San Jose metro area – a.k.a. Silicon Valley – had the highest output per resident for […]

Lucky

by Jodi Summers If you own real estate, you’re lucky. Your portfolio value grew…no matter where you own, but especially if you live in California. In 2015, the value of all homes across the U.S. increased $1.1 trillion, growing 4.1% percent over the past year. At year end, the entire housing stock is expected to […]