Aug
20th
2011
Urgent Action: Huge Project Before Santa Monica City Council
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica, santa monica city, santa monica city council, santa monica buildings

A new project in Santa Monica is currently in development: a large new commercial property across the street from the Water Garden in Santa Monica, and would probably be the same size and attract almost the same number of cars to this already traffic congested area.On Tuesday, August 23rd, starting at 6:45 p.m., the Santa Monica City Council will consider once again, on what will the future be for a new development at 26th and Olympic, site of the former Paper Mate building. It’s called the Bergamot Transit “Village.”The proposed project to be built will be 770,000 square feet, with the building rising up to 81 feet (7 stories).
The Santa Monica City Council has just lately permitted d...
Read Full Post
Comments: 0
Aug
19th
2011
Santa Monicans Stock Up on School Supplies – For themselves and for Operation Christmas Child
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica, operation christmas child, backtoschool

With school starting just around the corner, Santa Monicans are starting to shop for supplies, but not just for themselves. They’re stocking up on pens, papers, and a bunch of toys and other gifts to stuff their shoe boxes to give to Operation Christmas Child. The project is an International effort by Samaritan’s Purse to send gifts to children whose lives have been disrupted by natural disasters, disease, war, terrorism, famine or poverty....Read full Story
Read Full Post
Comments: 0
Aug
17th
2011
Go Through A Short Sale While Facing A Divorce
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: short sale, santa monica short sale, divorce short sale

Today I wanted to write a bit about divorce, and a tip on how you might get through it when there’s a home involved. Divorce is a very disastrous situation and obviously something we would all like to avoid if possible. But the reality is that more than 50% of marriages end up in a divorce that involves splitting up of joint assets and liabilities. It is now more complicated and difficult to go through a divorce, given today’s economic conditions; couples going through this are struggling on how to end their relationship and trying to figure out what to do with their assets. One asset in particular, their home, becomes a liability in the sense that they might now owe more money for thei...
Read Full Post
Comments: 0
Aug
15th
2011
Quick Weekly Santa Monica Real Estate Market Update – August 5, 2011 to August 12, 2011
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica real estate, short sale, santa monica, market update, reo
Santa Monica Real Estate - Single Family Homes:
Active Listings: 93
* Short Sales - 4
* Bank Owned/REO - 3
Of the 88 active Santa Monica homes for sale, 33 had their List Price decreased, and 2 actually increased in list price.
Current Pending Sales: 44
* Short Sales - 8
* Bank Owned/REO - 0
Total Sales: 4
* Short Sales - 0
* Bank Owned/REO - 0
Average Days on the Market for the 4 sold Santa Monica homes for sale was 58
Average Selling Price versus the Average List Price of Santa Monica homes for sale was 96.31%
Average Selling Price was $3,977,500.00
Santa Monica Real Estate - Condominiums:
Active Listings: 146
* Short Sales - 14
* Bank Owned/REO - 10
Of the 146 active Santa Monica condominiums for sal...
Read Full Post
Comments: 0
Aug
10th
2011
Santa Monica Farmers Market Starts Off Early with its 30th Birthday Festivities
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica, santa monica farmers market, good food festival, events in santa monica
The Santa Monica Farmers Markets were established in 1981. Today, they cater to about 900,000 customers per year, bringing farm fresh local produce to their patrons. The markets are a way for farmers to still stay on their land and bring their crops and harvest to a city crowd.
On Thursday, August 11, 2011, The Santa Monica Farmers Market will be kicking off its five-day 30th anniversary celebration which will be held in September, with a panel discussion at the Main Library, suitably dubbed “Celebrating 30 Years.”
Four Santa Monica farmers market long-timers - Two Chefs and Two Farmers: Renowned chefs Mark Peel of Campanile and Josie Le Balch of Josie, together with Santa Monica farmers ma...
Read Full Post
Comments: 0
Aug
08th
2011
Quick Weekly Santa Monica Real Estate Market Update – July 29, 2011 to August 5, 2011
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica real estate, short sale, santa monica, market update, reo
Santa Monica Real Estate - Single Family Homes:
Active Listings: 88
* Short Sales - 6
* Bank Owned/REO - 1
Of the 88 active Santa Monica homes for sale, 29 had their List Price decreased, and 2 actually increased in list price.
Current Pending Sales: 37
* Short Sales - 6
* Bank Owned/REO - 1
Total Sales: 7
* Short Sales - 1
* Bank Owned/REO - 0
Average Days on the Market for the 7 sold Santa Monica homes for sale was 47
Average Selling Price versus the Average List
Price of Santa Monica homes for sale was 96.55%
Average Selling Price was $1,691,500.00
Santa Monica Real Estate - Condominiums:
Active Listings: 154
* Short Sales - 16
* Bank Owned/REO - 11
Of the 154 active Santa Monica condominiums for sale...
Read Full Post
Comments: 0
Aug
05th
2011
BUYER TIPS - How to know if a Foreclosure is a Good Deal
Posted By: Dana Ehrlich
In: Home Buyer Tips
Tags: foreclosure, exp realty, dana ehrlich, short sale alternative, buy a foreclosure
Let’s see...you have enough cash or credit and you want to get a great deal on a property that has been foreclosed, but first, there are some things that you would want to know before buying a foreclosure.
Before anything else, let’s define what is meant by the word foreclosure. It is usually called real estate owned (REO), and it is a property owned by a bank or lending institution. This happens when the previous owner of the property has stopped paying mortgage for it, due to unforeseen circumstances and hardships. As a result, the lending institution (Wells Fargo, Chase Bank, Bank of America, etc.) has legally repossessed and taken ownership of the home. It will then be listed for s...
Read Full Post
Comments: 0
Aug
03rd
2011
My Citibank/Chase Success Story - Let Me Also Help You With Your Short Sale
Posted By: Dana Ehrlich
In: Short Sales
Tags: short sale process, mortgage short sale, bank short sale, short sale qualifications
Citibank is one of the large national banks, and many of those residing in the Westside Los Angeles area have turned to for financing of their homes. I just recently finished a Citibank short sale for a client in Santa Monica. And while the entire transaction took almost a year, once we had the right buyer in place, we were able to close in less than three months. It was absolutely amazing; by and large, the whole transaction went very smoothly. I won’t bore you with the whole story, but once we put the property on the market at the right price, and the sellers did everything they could to get the best price by keeping the house in great shape for showing to potential buyers and we had ...
Read Full Post
Comments: 0
Aug
02nd
2011
Top Producing Agent Dana Ehrlich Joins eXp Realty in Santa Monica, California
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica home for sale, santa monica, santa monica realtor, exp realty, dana ehrlich
eXp Realty, LLC, the world’s first fully-immersive, Web 3.0 real estate brokerage has announced that Dana Ehrlich has joined the company in Santa Monica, California. Prior to joining eXp, Dana was affiliated with Keller Williams Realty where she consistently ranked among the top 6 producers in an office of close to 300 agents. Dana is a member of the Beverly Hills Greater Los Angeles Association of Realtors and is one of approximately 250+ members of Cyberstars International, an elite group of top technology-oriented real estate professionals across the U.S.
The first Realtor to join eXp in Westside Los Angeles, Ehrlich brings to eXp a track record of accomplishment, an appreciation of t...
Read Full Post
Comments: 0
Aug
01st
2011
Quick Weekly Santa Monica Real Estate Market Update – July 22, 2011 to July 29, 2011
Posted By: Dana Ehrlich
In: About Santa Monica
Tags: santa monica, market update, real estate
Santa Monica Real Estate - Single Family Homes:
Active Listings: 101
* Short Sales - 8
* Bank Owned/REO - 2
Of the 101 active Santa Monica homes for sale, 32 had their List Price decreased, and 2 actually increased in list price.
Current Pending Sales: 32
* Short Sales - 7
* Bank Owned/REO - 0
Total Sales: 12
* Short Sales - 0
* Bank Owned/REO - 0
Average Days on the Market for the 12 sold Santa
Monica homes for sale was 50
Average Selling Price versus the Average List
Price of Santa Monica homes for sale was 96.33%
Average Selling Price was $2,105,690.00
Santa Monica Real Estate - Condominiums:
Active Listings: 159
* Short Sales - 18
* Bank Owned/REO - 11
Of the 159 active Santa Monica condominiums for...
Read Full Post
Comments: 0
Jul
29th
2011
5 Financing Tips for Buying Property at a Real Estate Auction in Santa Monica, Ca.
Posted By: Dana Ehrlich
In: Home Buyer Tips
Tags: santa monica real estate, santa monica, santa monica realtor, santa monica home buying, auction
In the midst of foreclosures flooding the real estate market, it’s only fair to say that these days, real estate auction sales have full attendance. According to Inman news, “Foreclosure sales accounted for 28 percent of U.S. home sales in the first quarter of 2011,” with those properties selling for nearly “27 percent below the average sales price of properties not in foreclosure,” as recently reported by Realty Trac. Because of these figures, flocks of buyers and investors are being brought to real estate auctions, searching for the next great deal.
Those of you who are not familiar with the auction world might find these few very important financing tips exceptionally useful before ...
Read Full Post
Comments: 0
Jul
25th
2011
Quick Weekly Santa Monica Real Estate Market Update – July 15, 2011 to July 22, 2011
Posted By: Dana Ehrlich
In: Santa Monica Real Estate
Tags: santa monica, market update, real estate
Santa Monica Real Estate - Single Family Homes:
Active Listings: 104
* Short Sales - 9
* Bank Owned/REO - 2
Of the 104 active Santa Monica homes for sale, 35 had their List Price decreased, and 2 actually increased in list price.
Current Pending Sales: 35
* Short Sales - 6
* Bank Owned/REO - 0
Total Sales: 6
* Short Sales - 0
* Bank Owned/REO - 0
Average Days on the Market for the 6 sold Santa Monica homes for sale was 23
Average Selling Price versus the Average List Price of Santa Monica homes for sale was 99.81%
Average Selling Price was $2,104,167.00
Santa Monica Real Estate - Condominiums:
Active Listings: 158
* Short Sales - 18
* Bank Owned/REO - 11
Of the 158 active ...
Read Full Post
Comments: 0