Marina del Rey, CA

The annual Marina Del Rey Holiday Boat Parade will take place on December 12th from 6:00 to 8:00 p.m. The parade will start with fireworks at 5:55 p.m.

This year's theme is Christmas in Paradise with the boats circling the channel several times and judging taking place later in the evening.

For more details please visit mdrboatparade.org.

I have been so consumed by three different transactions that I just did not have any time for the Market Report for Marina Del Rey for the month of October. Late as it may be, here it is. To make up for the lateness I have added the following for added value. Let me know what you think:

I find the numbers very telling. I would be interested in your comments and input.

-If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.

Marina Del Rey, CA Condominium Market Activity Report for September 2009

September was a very busy month for many Realtors in the Marina. Every one I spoke to seemed to be going into or coming out of Escrow. I have noticed many times that it takes two attempts before something closes.

Looking at the Active Condominiums as of October 1^st there has been a nine per cent drop in the inventory. Coming from 184 Active listing to 169 tells a lot, fewer choices in the next few months to pick from.

The Condominiums that are currently in Escrow consist of 23 still waiting to remove their contingencies and 40 are solidly pending. The total number is identical to the month before. How fascinating is that?

Interestingly there were more sales in the month of September then in August. There was a 9% increase in Sales month over month.

As I mentioned above the inventory is shrinking(see chart)

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.

I love writing about Marina Del Rey, CA. I live here and I am passionate about this seaside town that is only 47 years old. Los Angeles is famous for many things, one is the Entertainment industry and the other is Los Angeles loves everything that is new. Hence in the big picture Marina Del Rey is New. A suburb of Los Angeles,CA.

Thanks to President Eisenhower's signing of the River and Harbor Act in 1954 the building of Marina Del Rey came about. The workers broke ground around 1957 and the rest is history.

With that introduction let me show you the pictures we took this past Sunday on a casual stroll. How can you not be passionate about living here?

I understand it is starting to get cold everywhere else but here:)

If you look at the slip to the right of the boat you will see the Sea Lions sunbathing. So San Francisco eat your heart out we have our own Sea Lions:))

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.

I have compiled the Marina Del Rey Condominium Market report for August.

The numbers seem very consistent with July’s Active Listings. Currently there are 184 Active Condominiums on the Market, compared to July it is one more.

Properties that are in Escrow and Accepting Backup offers as well as Pending are amazingly similar as well. There are 26 properties where the Buyers have not removed their contingencies and there are 37 that have removed all their contingencies. The numbers are virtually identical.

I just read somewhere that the Pending Sales Index has only been tracked since 2001. This I found quite interesting, since the Pending numbers are the indication what the following month will look like. As I look at these numbers I can see that the momentum continues for the better and I anticipate a robust sales numbers for the month of September as well.

The most important number outside predicting next month is the Sold numbers. Last month there were 26 Condominiums that changed hands in Marina Del Rey, CA. that is an increase of 8 per cent again. Compared to the national statistics, Marina Del Rey, CA has had an increase month over month in sales now for the past 8 months vs. the national numbers have been six months in a row in creasing.

I just want to remind everyone do not wait too long, since the tax incentive for buying will be ending on November 30th. That means you have less then 60 days to take advantage of this great benefit.

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com or visit one of my websites at http://www.endrebarath.com