Venice Style E-Newsletter April 2008

VENICE REAL ESTATE MARKET UPDATE

MARCH 2008 VENICE SALES

HOW DOES THIS COMPARE ???

The charts say it all ... Both the number of single family homes that sold and the total dollar volume was drastically off during the month of March 2008 as compared with both the previous month and March 2007. However, the average sales price and the average price per square foot remained relatively steady.

I must qualify this with ... "Venice stats are difficult to analyse due to the small size of the data base and the wide variety in size and condition of the sold properties" ... CJ

For a look of all of the Venice property sales by month since 1999, visit my web site at http://venicebeachliving.com/sa/index.html.

FROM THE LOS ANGELES TIMES LAST WEEK ...

"SOUTHERN CALIFORNIA BEACH HOUSE PRICES STAYING AFLOAT"

April 8, 2008. Coastal bargains are to be had amid the housing downturn, but the properties are holding their value better than homes inland.

To read the whole article, click here.

C.A.R. GREEN TIP ...

GIVE YOUR COMPUTER A COOLING OFF PERIOD

Idling computers left on 24/7 gobble up electricity: the equivalent of a barrel of oil every 90 days. Fifteen perpetually idling computers in your brokerage are equivalent to the gas consumption of one car.

That's why UniblueTM Research Labs released LocalCoolingTM, a free power management tool that automatically optimizes your PC's power consumption via a more effective power-save mode. What's more, you'll be able to see your savings in real-time translated to more environmental terms, such as how many trees and gallons of oil you've saved. Visit www.localcooling.com to download the free software.

For more information, click here.

(Broker Agent News)) -- The Bottom Line ... Early in February, Congress passed the Economic Stimulus Act of 2008, and on February 13th, the President signed this bill into law. A major component of this $152 billion stimulus package is a tax rebate of up to $600 for single individuals and up to $1,200 for married couples. If you have kids under the age of 17, expect to receive an additional $300 per child as well.