http://www.venicebeachliving.com
HOUSE-HUNTING ? ? ? Stop by Sunday to see our great listing on the Venice Canals !!!
217 Linnie Canal . Venice Canals Open from 1:00 to 4:00 this Sunday ... January 15th This artfully charming waterfront retreat is on an island in the Venice Canals. The living spaces, filled with warm colors, textures and whimsical art, consist of 3 bedrooms, 3 baths, a first floor library/media room (or 4th bedroom) and an open living/dining/kitchen. French doors lead to a sunny south-facing outdoor oasis ... a spacious patio, envisioned as an extension of the house, with built-in BBQ plus a delightful garden with flagstone paths ... all overlooking a peaceful canal. What a Life!!! There is a full bath and bedroom on the first floor, a rare find in the Canals. Features include wood floors throughout (oak down, bamboo up), French stone fireplace in the living room, hand painted murals and wall art, steam shower in the master bath, lots of storage, dual heat/air, double garage plus an additional awning-covered outside parking space. It is a short walk to Abbot Kinney, Venice Beach and the Farmers' Market. The permitted boat dock is a huge plus as permits for new boat docks are not currently being issued ... $1,895,000. VIEW THE PROPERTY WEB SITE VENICE REAL ESTATE MARKET UPDATE DECEMBER VENICE SALES ... See below for a list of all of the properties sold in Venice during December 2011 and the charts showing the comparisons.
Sales are for all of Venice and do not necessarily represent sales of CJ & Jay Cole. Information is compiled from DataQuick and the MLS/CLAW. Sources are deemed reliable; however, no representation of any kind is made as to its accuracy. VIEW THE VENICE PROPERTY SALES FOR THE PAST 12 YEARS COMPARED WITH LAST MONTH AND A YEAR AGO ...
2011 SALES AS COMPARED WITH THE PREVIOUS 7 YEARS ... A look at the annual figures for the last 8 years (graphs below) it shows that both the yearly sales volume and the number of single family homes sold a year hit their bottom in 2009 with a steady year-over-year increase in 2010 and 2011. The average sales price and price per square foot, even though declining slightly, has remained fairly steady at the 2009 levels. THIS COULD SIGNIFY THE END OF OUR "DOWN MARKET."
VIEW MORE STATS & GRAPHS ON OUR FACEBOOK PAGE KNOW RISKS WHEN FORGOING INSPECTION CONTINGENCY ... Surprise defects can compromise a homebuyer's deposit. Think again if you're considering buying a home without having it inspected. This particularly applies to first-time buyers who have little, if any, experience with home defects and repairs. Even professionals can make mistakes when buying homes without having them thoroughly inspected. 11 MUST-KNOWS ABOUT EARLY MORTGAGE PAYOFF ... Q: Will I save money if I make my regular monthly payment early ? A: No, paying early merely allows the firm servicing your loan to earn interest on your money until the payment due date. This is not the case, however, if you have a simple interest mortgage (SIM). Because it accrues interest daily, the earlier you pay a SIM, the more interest you save. FIVE ISSUES FOR HOUSING IN 2012 ... Just as in 2011, in 2012 many will be trying to figure out where housing is headed. While the housing market didn’t worsen in 2011, it also didn’t stabilize either. This year, the story will be about local markets. While many housing markets rose and fell together, they’re recovering at difference paces so talking about housing on a national level is not beneficial.
We have just launched our Venice Beach Living facebook page and invite you to Become a Fan on Facebook. You will find timely Venice news ... what's happening in the community and with Venice real estate. Hope you "like" it and visit often. Thanks ... CJ & Jay. Our page is located at http://facebook.com/VeniceBeachLiving. FAST FACTS ... California median home price - November 2011: $280,960 (Source: CAR) California highest median home price by CAR region November 2011: Marin: $736,410 (Source: CAR) California lowest median home price by CAR region November 2011: Madera $103,330 (Source: CAR) California Pending Home Sales Index - November 2011: 109.8, an increase of 11% compared with the prior year. (Source: CAR) NEW INDEX READ MORE California Traditional Housing Affordability Index - Third quarter 2011: 52 percent (Source: CAR) Conforming mortgage rates - week ending 1/5/2012 Please keep us in mind when you have family, friends or associates who are Thanks ... CJ & Jay
CJ COLE, BROKER Phone: 310.823.3129 . 310.773.6945 |
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PS. I respect your privacy and if I have sent this to you in error, please accept my apologies and reply with "REMOVE" in the subject line for automatic exclusion from future communications. PSS. The information above is deemed reliable but not guaranteed. This is not intended as a solicitation if your property is currently listed.
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