DIGStv was invited to the West Edge Design Fair this year, a place where anyone can wonder and get thousands of great ideas for a home remodel, talk to furniture and appliance makers, and get design tips directly from high end professional interior designers on a potential project. DIGS talked to several of each and got our selection of great products, new trends, and what you can look out for in 2016.
As Told to Danielle Accovelli | Photography Andrew Kraus
While still in high school, Molly Hobin Williams had already decided on real estate as a career, earning her license at age 18. After spending some time in commercial real estate, she re-launched The Hobin Company, which her great grandfather founded, with her mother, Joan Hobin. Now president & CEO of the company, Hobin Williams helms a thriving office in Manhattan Beach, where she dedicates her time to providing the best possible client service. Here, the real estate expert shares with DIGS her secrets for industry success.
I grew up in real estate and got my real estate license when I was a junior in high school; I worked on and off at The Hobin Company and Jon Douglas Residential during summers in high school, and while I was attending UCLA. Upon graduating from UCLA, I spent 24 years in commercial real estate in Beverly Hills and West LA.
We just celebrated The Hobin Company’s 90th anniversary. My great grandfather founded the company in Northern California in 1925 and five years ago, I took over as its fourth generation president and CEO, opening the Manhattan Beach office and the Palm Desert office.
We are a full-service boutique Real Estate Brokerage Company specializing in residential and commercial sales and leasing, as well as construction management services. We pride ourselves in providing over-the-top service and making the entire process fun and enjoyable for our clients. Most of our business comes from referrals from past clients and our extensive network of friends and family.
My mother, Joan, runs our Palm Desert office and I run the Manhattan Beach office, however we work closely together, as many of our clients have homes in the desert as well as at the beach. We also have a great team that helps us provide the very best service for our clients.
JustAskMolly.com is a fun website and blog that I started a few years ago for my clients and friends and family of The Hobin Company. It provides them with news about fun events going on in the South Bay, as well as the latest restaurant and store openings. It also includes a directory of my favorite local resources, from plumbers and painters to interior designers and restaurants, boutiques and fitness facilities. It has become a very valuable resource for my clients who are new to the South Bay and some of them use it on a daily basis.
There is still a huge demand from people wanting to buy and lease in Manhattan Beach. We are definitely in one of the hottest markets in the country, and I do not see the demand slowing down anytime soon. Hopefully, interest rates will remain low and more inventory will come on the market now that summer is over.
My ultimate goal is to find them exactly what they are looking for and to make the process an enjoyable experience where both sides are thrilled once the deal closes. There is nothing better than happy clients who, in turn, end up referring me to one of their friends or family members.
I have been a Manhattan Beach resident for the last 30 years and cannot imagine living anywhere else. Of course we have our amazing beaches as well as all of our fabulous restaurants and shops and incredible school system, but it truly is our sense of community and all the wonderful people who live here that makes Manhattan Beach so special.
I started a group 13 years ago with two girlfriends called “The Irish Girls.” We put on networking happy hours and parties for several local charities, including Children’s Hospital LA, Walk with Sally, Westside Children’s Center and Para Los Ninos, to name a few. I also am involved with the Ziman Center for Real Estate at UCLA and have been a longtime member of the Junior League of Los Angeles.
My husband Tom and I love to ski and are both avid golfers. We also are die-hard UCLA Bruin football and basketball fans.
As told to Danielle Accovelli
Photography by Kieron McKay
With an industrial real estate broker as a father and a natural talent for closing a sale, Sean Dinneen seemed destined to work in the industry. After a successful career in commercial real estate, Dinneen made the bold move to residential real estate, focusing on the buying and selling of homes in the South Bay and becoming a top-producing agent in the area.
Here, Dinneen shares with DIGS his residential real estate expertise and passion for the place he calls home—the South Bay.
I grew up with real estate, so I knew I would end up doing it in some capacity for my career. Before he retired, my father, Dennis Dinneen, was a very successful and well-respected industrial real estate broker in the South Bay. He opened the South Bay office for Lee & Associates in 1990. After graduating from college, I worked for the Xerox Corporation, helping build a solid foundation for my eventual career in real estate. After Xerox, I began working with a small commercial real estate firm representing major institutional landlords and mom-and-pop owners, helping them buy, sell and lease their industrial warehouses. I knew I eventually wanted to work with my dad at Lee & Associates, but wanted to cut my teeth on my own before I did. I went on to fulfill a lifelong goal to work with my dad before he retired and, as you can imagine, it was a lot of fun! After working in industrial real estate for over 10 years, I switched to residential, down here at the beach, where I grew up. I started with South Bay Brokers, where I was fortunate to learn under the guidance of Jack Gillespie and Jim Van Zanten, the company’s very knowledgeable founders.
Residential real estate was always in the back of my mind, and I always wanted to work at the beach. After working in commercial real estate, I was still young enough to shift focus, so I went for it. Since I grew up here, I really enjoy helping people find a home, and for them to be able to experience the same beach lifestyle that I very fortunately enjoyed.
Too many factors to list. It also depends on where you are in life. For families with children, schools are a big factor. In more of a macro sense, the extremely healthy lifestyle and accessibility. No matter the time of day, you see people out being active. Whether it’s running, walking the dog or surfing, there is something for everyone here that adds to their quality of life. Also, with South Bay’s close proximity to LAX, the mountains and the desert, there are no limits to what you can do. There have been a number of times when I have been up in the mountains snowboarding in the morning and at the beach in the afternoon. Not too many places where that is possible. It’s pretty amazing.
Have patience. Especially for first-time homebuyers, this type of strong market can be very intimidating. Multiple offers, usually from buyers who have missed out on other homes, make for an accelerated buying process. In a more balanced market, buyers have the luxury of taking a breath, and a more normal deal cycle, with maybe a round or two of negotiations. Now, for a property in demand, you really need to go “all in” the first time to edge out other buyers.
Having been very fortunate to spend my whole life here, I’ve immersed myself in all aspects of life in the South Bay. I have an intimate knowledge and true passion for the area that I can share with my clients to help them find an area that suits them best. At one point or another growing up here, I knew someone who lived in almost every part of the South Bay, and this experience allows me to share my insights about a specific area.
When in the commercial side of the business, I worked with everyone from large institutional landlords to small mom-and-pop owners. Working with such diverse clients has taught me how to navigate complicated nuances in a transaction to bring it to a successful finish. Occasionally, a client may be selling or looking to purchase an investment property, and with my background and expertise, I am able to not only look for and help underwrite a residential investment, but a commercial investment as well.
I am a proud, donating member of Giveback Homes. Through Giveback Homes, my clients and I partner to create social change through buying or selling a home. I make contributions from commissions I earn to build homes for families in need. When my clients buy or sell a home, they are directly responsible for helping build one for a less-fortunate family. It is very exciting!
I enjoy spending quality time with my wife, Teresa; playing with our 2-year-old daughter, Gracen; cooking; golfing; playing beach volleyball; and spending time in the desert or up in Lake Tahoe.
For More Information: caskeyandcaskey.com/why_pink/
It’s a heavy-hearted fact that breast cancer touches each and every one of us. On the heels of both an emotional funeral of a close friend and a victory over breast cancer of another friend just last month, one of our team members came to us and asked how we could apply our work in real estate to make an impact on the important issue of breast cancer. After discussing as a team how we can continue to contribute to our community in important and meaningful ways, we realized that each and every one of us has a story of a close friend or loved one that has been affected by breast cancer. Some have survived and some have been lost to us. Talking further, we agreed that if there was any way we could make a difference here locally, in our own backyard, we would want to work towards that goal as a team. We shared stories of friends, family members, colleagues, people in our community, neighbors — and we realized it was all too close to home. Then an idea was born . . . Our pink signs serve as reminders to book those mammograms! Our pink signs serve as reminders to book those important mammograms!
In order to spread awareness, we are Pinking Up The Town by turning our business pink. Every real estate sign, every ad, every flyer, everything we can think of will go pink for the month of October. Our hope is that women in our community who see our signs or ads will be reminded to perform regular breast exams and to book those mammogram appointments. Our hope is that through these subtle reminders, lives are saved. Throughout the month of October, every new listing and/or purchase through Caskey & Caskey will result in a financial contribution to Cancer Support Community – Redondo Beach. Our hope is that our October sales can significantly contribute to the ongoing work of the dedicated people and programs at Cancer Support Community – Redondo Beach.
This summer our brokerage, Shorewood Realtors, was a major supporter of the successful Walk With Sally – White Light, White Night event. Shorewood, along with hundreds of other major supporters raised a record breaking funding amount for the ongoing success of their program, tailored towards supporting children and families who have endured the loss of a loved one to cancer. Inspired by the local focus of the Walk With Sally group, Caskey & Caskey elected to dedicate our 2014 Pinking Up The Town efforts on supporting the Cancer Support Community – Redondo Beach. Cancer Support Community – Redondo Beach provides free support groups to cancer patients, cancer survivors and those transitioning from the loss of a loved one. Located at 109 W. Torrance Blvd in Redondo Beach, the center offers many different programs for people of all ages, in all stages. Because their services are free, continuing aid and financial support is vital to the ongoing success of their important programs. We are pleased to report that as of this posting, we already have two new real estate transactions in the month of October contributing to Cancer Support Community – Redondo Beach; 544 Marine Ave in Manhattan Beach and 111 S. Meadows in Manhattan Beach. A portion of the sale of this home will go towards befitting the programs at Cancer Support Community – Redondo Beach A portion of the sale of this home will go towards benefitting the programs at Cancer Support Community – Redondo Beach
By Pinking Up The Town, we encourage every woman in our close-knit community here in the South Bay to book your mammograms, perform your self-exams, educate your daughters, and take an extra moment to reach out and touch someone you know affected by breast cancer. The smallest forms of kindness can make the largest difference. Dave Caskey | Jennifer Caskey http://caskeyandcaskey.com/ Shorewood Realtors 310.200.1960
Regan Hagestad of Watermark Home Loans, and Alex Abad of Palm Realty Boutique discuss how to win in this low inventory real estate market. Regan and Alex look at what real estate agents and Mortgage Brokers / Loan Officers do to make sure their client’s offers gets accepted as well as some factors that could hurt your chances at securing your dream home. In 2013, 75% of escrows that fell out, fell out because of the lending. Learn what you can do to help your offer stand out. Regan Hagestad Managing Director of Mortgage Banking Watermark Home Loans Direct: 310-607-0131 Toll Free: 800-357-4077 Fax: 800-883-8730 Email: email@example.com www.welcometoregan.com Alex Abad Palm Realty Boutique Direct: 310.877.6488 Email: firstname.lastname@example.org www.alexabadrealestate.com
The O’Connors have finally moved into their new home! After 5 months the process is coming to a close, and the last touches are being made. With just about everything completed, Dan goes over the design and finishing choices they made since the last episode. Watch the full series here: [xyz-ihs snippet=”OConnorRemodelEntirePlaylist”] Dan O’Connor of O’Connor Property, recently purchased a home in Hermosa Beach for his family. This fixer seriously needs some love and affection. This series will document his and his family’s progress on their redesign and remodeling of their new home. Dan will run into issues and will offer tips that the average home consumer looking for a fixer and to put a lot of value back into a property might come across. It will also look to show and discuss how Dan broached these problem areas that may help someone else who may be about to venture into similar home improvement waters. Look out for the upcoming videos or check out Dan’s progress by using the hastag: #OConnorRemodel Dan O’Connor O’Connor Property | www.OConnorProperty.com Office: 310-372-0500 Fax: 310-372-0511 3201 Manhattan Avenue Hermosa Beach, CA 90254
Dan O’Connor of O’Connor Property with Shorewood Realtors, recently purchased a home in Hermosa Beach for his family. This fixer seriously needs some love and affection. This series will document his and his family’s progress on their redesign and remodeling of their new home. Dan will run into issues and will offer tips that the average home consumer looking for a fixer and to put a lot of value back into a property might come across. It will also look to show and discuss how Dan broached these problem areas that may help someone else who may be about to venture into similar home improvement waters. Look out for the upcoming videos or check out Dan’s progress by using the hastag: #OConnorRemodel O’Connor Property | www.OConnorProperty.com Office: 310-372-0500 Fax: 310-372-0511 3201 Manhattan Avenue Hermosa Beach, CA 90254 Serving the Southern California South Bay Beach Cities of Manhattan Beach, Hermosa Beach, Redondo Beach and the Palos Verdes Peninsula cities of Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills and Rolling Hills Estates More DIGStv | Home Tours | Professional Profiles | South Bay Spotlight | Real Estate Insider
South Bay Digs was invited to attend Shorewood Realtors’ 2014 Housing Market Forecast presentation by Leslie Appleton-Young, Chief Economist – California Association of Realtors (C.A.R.) in January. This is the first installment in the series. In this episode, Leslie Appleton-Young discusses the general state of the economy, unemployment, tapering, higher rates in 2014 and the future of Fannie Mae & Freddie Mac. More DIGStv | Home Tours | Professional Profiles | South Bay Spotlight | Real Estate Insider
South Bay Digs was invited to attend Shorewood Realtors’ 2014 Housing Market Forecast presentation by Leslie Appleton-Young, Chief Economist – California Association of Realtors (C.A.R.) in January. This is the second installment in the series. Check out Part 1 here: www.southbaydigs.com/digs-tv/housing-market-forecast-2014-part-1/ In this episode, Leslie Appleton-Young discusses how the Housing Market recovery effort has faired throughout California since 2008, covering GDP, Job Growth, Commercial Vacancies, Sales and Median Price of Existing Home and Consumer Confidence. More DIGStv | Home Tours | Professional Profiles | South Bay Spotlight | Real Estate Insider
Jack Gillespie has been selling real estate in the South Bay Los Angeles since May 15, 1973 (he remembers the exact date). Back then, only one fixed rate loan was available and a 3 bedroom, 2 bathroom Manhattan Beach Tree Section home went for around $50,000. In 1985 Jack Gillespie co-founded South Bay Brokers with Jim Van Zanten, now one of the largest firms in the South Bay. Jack Gillespie agrees that right now there’s a real shortage of inventory in the South Bay. “We haven’t been this low on inventory since 2005,” he says, when loans were much more easily available. Today, people tend to hold on to their homes because they may not be able to take any equity into a new home if their mortgage is higher than the current value of their property. Also affecting inventory is the school system in the South Bay; people move here so their kids can attend the safe, good schools and they end up sticking around for at least twelve years, if not longer. Finally, speculative builders are just beginning to come back to the beach cities but have been largely gone for the past three or so years. “In the Tree Section, right now there are only 6, 8, maybe 10 spec homes so there’s really nowhere for people in the community to move up to,” Jack Gillespie says. Most new construction is happening on existing homes or involves tearing down older ones.
Read the full Article Here: www.southbaydigs.com/real-estate-insider-jack-gillespie/ Real Estate Insider is a new, cutting-edge video web series focused on top-of-the-minute, hyper-local real estate trends and events in the Southern California South Bay communities Hermosa Beach, Manhattan Beach, Redondo Beach, and the Palos Verdes Peninsula. Every episode covers new and significant luxury home listings, current local real estate trends and statistics, and an interview with an influential South Bay real estate professional willing to lend their expertise on relevant and timely real estate market news. More DIGStv | Home Tours | Professional Profiles | South Bay Spotlight | Real Estate Insider
More DIGStv | Home Tours | Professional Profiles | South Bay Spotlight | Real Estate Insider Real Estate Insider is a new, cutting-edge video web series focused on top-of-the-minute, hyper-local real estate trends and events in the Southern California South Bay communities Hermosa Beach, Manhattan Beach, Redondo Beach, and the Palos Verdes Peninsula. Every episode covers new and significant luxury home listings, current local real estate trends and statistics, and an interview with an influential South Bay real estate professional willing to lend their expertise on relevant and timely real estate market news. Profiled in the first episode of Real Estate Insider, Shorewood Realtors founder & President Arnold Goldstein commemorates 50 years as a leader in South Bay real estate. Special appearances by Shorewood agents Raju Chhabria (Shorewood’s #1 agent), Audrey Judson (over 25 years as a South Bay agent), and Ed Kaminsky (featured on The Today Show and Good Morning America) make the premiere episode a special 50th anniversary celebration of Goldstein’s career and successful real estate business model. Goldstein lends viewers a rare glimpse inside his stunning art deco Manhattan Beach home and his extensive art collection with wife Homeira, while providing his expert, seasoned opinion on significant existing real estate market trends in the beach cities with a dry sense of humor and personal sensibility. SOUTH BAY DIGS founder and Publisher Warren Dow says, “We are extremely excited to launch our Real Estate Insider Web Series as we continue to expand the video component of our multi-channel media platform. The South Bay of Los Angeles has some of the most exclusive real estate in the Country and is one of the most desirable places to live in the World. Real Estate Insider provides an “all access pass” to the South Bay’s luxury real estate community and the players within.”
After 50 years working in real estate, Arnold Goldstein’s philosophy is still, “love what you do.” Love for his business and love for his life give him an advantage and have since he sold his first property in 1962. Back then, houses in Manhattan Beach were selling for 16,000! Since 1969, he built up Shorewood Realtors to the large company it is today. Doing what he calls “an amazing amount of business” in his time, Goldstein stands by his face-to-face policy of meeting his clients’ needs and says he makes his living by talking to people. Shorewood Realtors focuses only on the South Bay region and is consistently in the top 10 Real Estate companies in Los Angeles. A longtime resident of Manhattan Beach, Arnold’s knowledge of the beach cities markets and his training programs make Shorewood Realtors a company that realtors stick with; many have worked for Shorewood Realtors for over 20 years.
Our hyper-local and innovative multi-channel media platform provides targeted exposure to active home consumers in the South Bay of Los Angeles. Leveraging today’s most relevant and engaging communication channels, South Bay Digs generates optimum 360˙ exposure for local real estate professionals, architects, mortgage lenders, interior designers, builders, banks and lending institutions.
Our “next generation” media platform redefines the local real estate experience by integrating our online digital media portfolio and digital media assets, (high definition video production, social media, audio podcasts, and tablet apps) with our hyper-local target audience luxury print publication. Our print publication is the community foundation for building trust, loyalty, and awareness for your business, your brand, and your service offerings. More DIGStv | Home Tours | Professional Profiles | South Bay Spotlight | Real Estate Insider