Magazines, South Bay Digs Magazine

South Bay Digs • May 24, 2013

Since we tend to always focus on what the local real estate numbers are telling us about local market conditions, I thought I would share some “big picture” economic numbers that you may find interesting. Housing contributes to Gross Domestic Product (GDP) in two ways: private residential investment and consumption spending on housing services. Historically, residential investment has averaged roughly 5% of GDP while housing services have averaged between 12%-13%, for a combined 17%-18% of GDP!

Cover Home
Page 19

Ocean Front Modern Masterpiece Offered by Rachel Ezra, Shorewood Realtors. Photography by Adrian Tiemens.

Home of the Week
Page 87

Historical Spanish Hacienda.

Publisher’s Muse
Page 28

Local Real Estate Rocks.

Real Estate Insider
Page 36

Ed Kaminsky.

Looking Back
Page 50

Morell House.

Local Nuggets
Page 55

Fishing With Dynamite.

Dig This
Page 64

Wine Cellar.

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DIGS – the largest and most influential real estate lifestyle media platform in Southern California serving the affluent coastal neighborhoods of Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills Estates, Rolling Hills, El Segundo, Playa Vista, Playa del Rey, Marina del Rey, Venice, Santa Monica, Malibu, Pacific Palisades, Brentwood and Beverly Hills.