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CJ & JAY COLE LAUNCH NEW VENICE BLOG ... This week marks another first for the owners of Venice Beach Living ... They launched the beta version of their new Venice blog entitled "VENICE DIGS." You are welcome (encouraged) to visit http://venicedigs.com (still in it's development stages) and offer your comments, criticisms, editorial input ...
WHO ARE WE? CJ and I have lived in Venice since 1965. We recently started "Venice Digs" ... a new community blog. It seemed like a natural extension of our personal and business interests. And, we want you to be part of it. We hope "Venice Digs" will help provide Venicians with an interactive forum for the quality of life that we love so much ... topics will range from what's new to our property values. I have been in print publishing for 30 years. CJ & I owned our own publishing corporation in the Eastern Sierras for 15 years. I was also publisher of national magazines and vice president of Petersen Publishing, the west coast's largest publishing firm. I have also consulted and contributed articles for local newspapers. CJ's interests are additionally Internet related ... she designed her award-winning web site in 1996 (venicebeachliving.com). CJ is a real estate broker, having been in the business since 1986. We have our own company. I am a licensed realtor. "Venice Digs" is about living in Venice. Real estate research and information will be a part of the editorial mix. WHY ARE WE BLOGGING? Our mission is to inform and educate Venicians on what we dig about our community. I want to cover news, special events, and write reviews on restaurants, theater and local businesses. And, yes, there will be controversial editorials. CJ will provide her expertise as a former member of the VNC and a real estate professional. CJ has a wealth of background/information to offer. MOST IMPORTANT WE NEED YOUR CONTRIBUTIONS. THIS IS ALL ABOUT YOU, OUR READERS AND NEIGHBORS. OUR MISSION IS TO CREATE A DIALOG WITH THE COMMUNITY AND A VOICE FOR VENICE. "VENICE DIGS" WANTS TO PUBLISH YOUR NEWS RELEASES, PERSONAL RANTS AND RAVES, FUNNY STORIES, PHOTOS, VIDEOS, BUSINESS INFORMATION AND OPINIONS. ... Jay NEW LEASE ON THE VENICE CANALS ...
422 CARROLL CANAL
ENJOY THE AMBIANCE OF THE VENICE CANALS !!! Fabulous 2 Bedroom 1 bath canal-front home for lease. This upper-unit abode was rebuilt just five years ago and is packed with state-of-the-art amenities ... wood floors throughout, recessed lighting, cable, satellite, built-in speakers. The living/dining area faces a wall of windows and French doors that open out to a large waterfront patio ... perfect for a bar-be-que with friends or an intimate dinner. The open kitchen is equipped with stainless range, refrigerator and dishwasher plus a built-in microwave and ample cabinets. The dreamy bath features a spa tub/shower and pristine white cabinetry and tile. Each bedroom has great closet space ... the master is very nice sized ... the second is smaller. Parking is a single garage plus one outside space and one shared guest space. Minimum one-year lease. Exclusively offered for lease ... $3,475 / month. Download Brochure VENICE REAL ESTATE MARKET UPDATE MAY 2009 VENICE SALES
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. HOW DOES THIS COMPARE ??? May sales stats for single family homes in Venice showed another increase over the previous month. Still not where it was a year ago, however. Eleven single family home sold in May ... up from seven sales the previous month ... still below the 14 that sold in May, 2008. The total sales dollar volume increased as compared with April sales; however, the average sale price decreased. The average price per square foot increased a little as compared with last month. Currently 28 single family homes are in escrow (average days on market is 71). This is a increase over 25 homes in escrow a month ago. The average days on market increased significantly over 62 a month ago. The Multiple Listing Service statistics as of June 16th show Venice listing inventory decreased by 3 since last month to 112 active single family homes for sale. The average days on market for the current listings decreased to 99 days from 101 days a month ago. Of the 112 current listings, 41 (36.6%) are listed below last month's average sale price of $1,273,071 and 71 (63.4%) are listed above that average sale price. The average list price for the active listings is $1,561,795 ... 44.8% above May's average sale price.
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. SBA LAUNCHES PROGRAM TO ASSIST STRUGGLING SMALL BUSINESSES ... Small businesses suffering financial hardship as a result of the slow economy may be eligible to receive temporary relief to keep their doors open and get their cash flow back on track through to a new loan program from the federal government’s Small Business Administration (SBA). Beginning June 15, the SBA will start guaranteeing America’s Recovery Capital (ARC) deferred-payment loans of up to $35,000. The loans will be available to established, viable, for-profit small businesses, as defined, that need short-term help to make their principal and interest payments on existing qualifying debt. ARC loans are interest free to the borrower, 100 percent guaranteed by the SBA, and have no SBA fees associated with them. ARC loans will be disbursed within a period of up to six months and will provide funds to be used for payments of principal and interest for existing, qualifying small business debt, including mortgages; term and revolving lines of credit; capital leases; credit card obligations; and notes payable to vendors, suppliers and utilities. Repayment will not begin until 12 months after the final disbursement. Borrowers don’t have to pay interest on ARC loans. After the 12-month deferral period, borrowers will pay back the loan principal over a period of five years. WHAT IS YOUR WATER FOOTPRINT ??? To learn how water-intensive your lifestyle is and how to lessen your “water footprint,” visit waterfootprint.org. For more green real-estate-related tips and discussion, visit CAR’s Green Web site (http://green.car.org/). FAST FACTS California median home price - April 09: $256,700 (Source: CAR) California highest median home price by CAR region April 09: Santa Barbara So. Coast $840,000 (Source: CAR) California lowest median home price by CAR region April 09: High Desert $106,530 (Source: CAR) California First-time Buyer Affordability Index - First Quarter 2009: 69 percent (Source: CAR) Conforming mortgage rates - week ending 6/4/09 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 |
