Real Estate
Word on the street
George Nakano is joined by Bayside Properties broker Dean Thomas and musician Remi Kabaka during a fundraiser for the 28th State Senatorial District candidate hosted last Friday by Bayside Value Mortgage, Fidelity Title and Coral Music Nakano has our State Senator.
MoreThe Shorewood Report
South Bay home prices continued gaining in February even as the number of homes changing hands fell to a 12-month low in the cities of El Segundo, Manhattan Beach, Hermosa Beach and Redondo Beach, and the number of homes being put on the market climbed to a 12-month high.
The average selling price of a home [...]
Word on the Street
Prices up, volume down in
January – Shorewood Report
Coming off the traditionally slow holiday sales period, El Segundo, Manhattan Beach, Hermosa Beach and Redondo Beach recorded 103 homes sold in January, a 12-month low, according to the monthly Shorewood Report. Last January’s figure was 125 homes sold.
At the same time, the number of homes listed [...]
Word on the street
Nigerian drummer Remi Kabaca drums up interest for Coral Development’s open house on the Redondo Esplanade during Sunday’s Tour of California. Kabaca, who has played with the Rolling Stones, is managed by Coral Development’s Charlie D’Agostino. The four bedroom home is listed at just under $3 million with Dean Thomas of Bayside Realty. Photo by Kevin Cody
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Back in the USSR
Latvian real estate agents are “energetic, optimistic…and have a good capital system set up. They’re attracting both domestic and foreign investment, and they’re renovating and rebuilding a lot of buildings that had been put up under the Soviets,” said Shorewood Realtors agent Mickey Knickerbocker, following a visit to two former USSR states.
In [...]
Word on the Street
CAR economist Lesslie Appleton-Young agrees California’s rate of appreciation is “unsustainable,” but predicts a “soft landing.”
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The ‘second home indicator’
Real Estate West Broker Robert Schumann has identified what he calls a “ringing endorsement” for the current values assigned to homes in the beach cities.
He calls it “the second home indicator” — the multi million dollar prices being paid for second homes at the beach.
“These sales are to people who can afford [...]
Word on the Street
Over 500 guests enjoyed the 22nd Annual Mama Liz Thanksgiving Dinner, organized each year by Donna Dawick of Moore and Associates and Cheer for Children and underwritten by Easy Reader readers, who this year donated 51 turkeys, and dozens of pies, along with the usual Thanksgiving fixin’s. Among the major contributors were the Kiwanis and Rotary clubs, which donated their halls; Laidlaw Transport which provided transportation; chef Rick Hankus of Ocean Diner, who ran the kitchen with the help of Ted Nguyen; The Sandpipers and Moore & Associates Realtors who donated pies; Ray Riddle, who coordinated the entertainment, Balloon Affaire, which provided decorations and Manhattan Bread, which donated rolls and pies.
MoreWine Time
Viva Italia
When people think of Italian wines, they generally concentrate on its two main appellations, Tuscany (which includes the Chianti and Chianti Classico regions), and Piedmont. The former is in the middle of the country, near Florence, and its wines feature the Sangiovese grape. The latter is in the colder northwest corner of the [...]
Word on the Street
Architect Pat Killen has blurred the lines between the commercial and residential spaces in hismixed use project at 2nd St. and Hermosa Ave.
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