by Jodi Summers Fascinating facts and boring charts on owners and renters, according to the 2012 American Community Survey: WHO OWNS The typical owner-occupied household is headed by an individual between 45 to 54 years of age.  The median household income in 2012 was $65,514. The average household size was 2.7 occupants with the most […]

by Jodi Summers The residents of Santa Monica tend to think they live in their own little self-contained city, with its own government, business economy, water supply and elitest real estate process. Those on the outside of the “Republic of Santa Monica” see this city by the sea – with a daytime population of 250,000 […]

http://www.car.org/aboutus/onecoolthing/hood/?=image http://www.santamonicapropertyblog.com/?p=5556  

Courtesy of the City of Santa Monica department of Planning and Community Development Planning and Zoning Division  

** http://www.car.org/aboutus/onecoolthing/multiple/?=image http://www.santamonicapropertyblog.com/?p=5524    

by Jodi Summers Last summer, Ocean Park was home to the million dollar bungalow. This summer, not so much. The market is quieter than last year – only 19 properties sold in our neighborhood in the second quarter. Prices are a little more palatable for buyers…and not so exciting for sellers. “The drop in affordability […]