Articles

digs, south bay digs, magazine, issue 75, November 22, 2013

South Bay Digs • November 22, 2013

DIGS November 22, 2013

In March of 2009 there were a total of 210 single-family homes for sale in Manhattan Beach — today there are 25. The scarcity of inventory has been a driving factor in pricing all year throughout the South Bay. That being said, Manhattan Beach and North Redondo Beach are the only markets whose unit sales are below last year, (Jan–Nov 18.) However, North – Adam Smith Redondo average sales price has increased $119,953 year-over-year and Manhattan Beach is even stronger at $175,899 average price increase over last year.

digs, south bay digs, magazine, issue 74, November 8, 2013

South Bay Digs • November 8, 2013

DIGS November 8, 2013

Inventory for single-family homes for sale in the South Bay (Manhattan-Hermosa-Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates) sits at 256. Through November 5th of this year, a total of 1315 homes have sold — a whopping $1,896,807,289 worth of real estate transactions. For the same period last year, a total of 1212 – Warren Buffet homes were sold, ($1,649,021,496 total sales volume.) The total number of sales for the year is up 103 units and $247,785,793 in total sales volume. Check out our Real Estate Insider (page 38) for a current inventory of homes for sale in each neighborhood.

digs, south bay digs, magazine, issue 73, October 11, 2013

South Bay Digs • October 25, 2013

DIGS October 25, 2013

ON THE COVER The Strand Life: The ultimate california oceanfront dream in Manhattan Beach presented by Gary E. Richardson of Shorewood Realtors.

Jane Sager of RE/MAX Estate Properties

DIGS October 25, 2013

Originally from the midwest, Jane Sager moved to the South Bay to pursue an electrical engineering career. Larry Wolf, of Shorewood Realtors, was also an engineer before he switched to real estate, and it was Wolf who inspired Jane Sager to make the change, too.

digs, south bay digs, magazine, issue 72, October 11, 2013

South Bay Digs • October 11, 2013

DIGS October 11, 2013

Inventory (or lack thereof) has been the single most discussed real estate metric in 2013. When you look back several years, you can really appreciate the steady decline in the number of homes for sale in the South Bay. In the chart below, we isolate the month of September, which had almost double the number of homes for sale in 2010 as there were in September of this year! On the COVER this issue is a truly original Old World Style Tuscan Villa that was originally built in 2007 by Dave Odle and professionally upgraded by LeighAnn Odle Construction Finish & Design offered by Ed Kaminsky, ITZ SOLD.

digs, south bay digs, magazine, issue 71, September 27, 2013

South Bay Digs • September 27, 2013

DIGS September 27, 2013

Recently released industry data showed home prices increased for the 14th consecutive month. According to the latest S&P/Case-Shiller Home Price Index figures, the 20-city composite index remains strong, with home prices growing by 12.4% from July 2012 to July 2013. On the COVER this issue is gorgeous Louie Tomaro designed Moroccan style home located on a wonderful street in Manhattan Beach. Offered by Lauren Forbes | John Corrales, Coldwell Banker Previews International.

digs, south bay digs, magazine, issue 70, September 13, 2013

South Bay Digs • September 13, 2013

DIGS September 13, 2013

On the COVER this issue is “Villa LaBarba,” an inspired Italian style Villa that is perched on the bluff overlooking the Pacific Ocean in Palos Verdes. Built in 1997 by the architectural firm of Edward Carson Beall & Associates, this one-of-a-kind estate is a true work of art, complete with its own Merlot grape vineyard and beautiful Venetian fountains. Offered by Rick Edler, Edler | DeRenzis, Peninsula Sotheby’s International Realty.

digs, south bay digs, magazine, issue 69, August 30, 2013

South Bay Digs • August 30, 2013

DIGS August 30, 2013

Real Estate consumers love metrics. So do we. Since we launched DIGS back in October of 2010, our audience continues to grow in both scale and reach. Our multi channel media platform is now a global destination, as home consumers from all over the World reach to us as the leading voice and resource for real estate in the South Bay. We have never been more passionate and excited about the future and are truly honored to serve the local community. We want to take a moment to say THANK YOU to our readers, our marketing partners and the entire South Bay community for your support.

digs, south bay digs, magazine, issue 68, August 16, 2013

South Bay Digs • August 16, 2013

DIGS August 13, 2013

Home prices in the U.S. have historically risen at an average of about 3.6% a year. Interestingly, if the housing market had not gone through the recent boom and bust cycle, and prices simply had risen at the historic average of 3.6% during the cycle, home – Manolo Blahnik prices would be almost exactly where they are today. Last year in Manhattan Beach the average sales price for Single Family Homes was $1,791,081, which would equate to a price gain of approximately $65,000 at the average price increase of 3.6%. Thus far in 2013, the average sales price in Manhattan Beach is $2,005,700 – a $214,619 (12%) increase year-over-year.

digs, south bay digs, magazine, issue 67, August 2, 2013

South Bay Digs • August 2, 2013

DIGS August 2, 2013

On the COVER this issue is an extraordinary estate in the private gated community of Rolling Hills. With exceptional city lights and Queen’s Necklace views, this fabulous home offers unsurpassed quality and sophistication. It has approximately 6000 square feet of living space on 6 acres of land. This issue’s HOME OF THE WEEK is “Villa Trenta Sei” – a gorgeous new construction home located in the Tree Section of Manhattan Beach. Custom built with superior quality and details throughout, this home offers all the custom amenities and attention to detail you would expect in almost 3600 square feet of living space.

digs, south bay digs, magazine, issue 66, july 19, 2013

South Bay Digs • July 19, 2013

DIGS July 19, 2013

The real estate market has reached the mid-point for 2013 and there are some interesting numbers. On the COVER this issue is a stunning Modern Plantation style home in the Manhattan Beach Hill Section. With approximately 4700 square feet of living space, this wonderful home incorporates the best of indoor / outdoor living design. Offered by Brett Zebrowski, Palm Realty Boutique.

digs, south bay digs, magazine, issue 65, july 5, 2013

South Bay Digs • July 5, 2013

DIGS July 5, 2013

Palos Verdes has just entered a new dimension in luxury real estate offerings with the newly listed “Hacienda de la Paz,” a 50,000 square foot estate set on 8-acres in the private gated community of Rolling Hills. Listed at 53,000,000 (no, that’s not a typo,) this amazing five-story home doesn’t violate Rolling Hills one-level building standard because of the four subterranean levels! On the COVER this issue is an KAA designed home situated on a rare lot and a half on the north side of 18th street.

Luxury Real Estate Happens Here