The Malibu Real Estate Blog

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Real Estate Agent - Prudential Malibu Realty
All about Malibu Real Estate
RECENT BLOG POSTS
What was this seller thinking? A condo goes up for sale in Malibu and starts with a listing price of $1,098,000. Many agents that saw it thought it was overpriced. 5 days later the seller drops it to $999,999. A drop of around 10%. 14 days later the seller raises it $1,150,000. An increase of 15%...
07/11/2008
I recently had an opportunity to photograph a condo for a fellow agent in Malibu. She explained that it was an incredible unit that had been remodeled to the studs and had an amazing view. WOW! I had know idea it was this nice! When I arrived I was blown away with how well done it was. The view w...
07/04/2008
I've only been at this "blogging" thing for a few months but I finally can say I feel like I'm making some progress. I'm just about to hit 15,000 page views with my best day being 548 views. For weeks I was landing on the second page on Google when you typed in the words "Malibu Real Estate". The...
07/04/2008
Last week Prudential Realty announced that they signed an exclusive deal with a company called Wham Mobile which allows potential home buyers the ability to pull up in front of a real estate sign and send themselves a text message with all the information about the home. This is such a great idea...
07/04/2008
Currently Malibu has 78 condos on the market and roughly half of them have had a price reduction since being listed. Only one has sold in the last 90 days and many agents are claiming the phone just ain't ringing for condo's right now. That's a serious flat spell! The highest price unit on the m...
07/04/2008
It's not often that you see a house like this for under $3,000,000 on Point Dume in Malibu. 2 years ago this price got you a tear down ranch house. Here's the low down. The house is completely remodeled, has a good size yard with a large lawn, an nice ocean view, is close to Point Dume Marine Sci...
07/04/2008
For $375,000 you can buy a deluxe-Crayola-brown-tornado-proof-double-wide mobile home in Paradise Cove where you can do a surf check from your living room and walk to the beach in under a minute. This is the lowest price I've seen in the Cove for many years and what makes it a great deal is the o...
07/04/2008
Most agents go into a listing appointment hoping for a 6% commission but will often get the contract signed at 5%. In areas like Malibu and other expensive communities, it's not unusual for the commission to be 4% on homes that are $6,000,000 or more. This beautiful home on Broad Beach not only o...
07/04/2008
A home (more like a funky shack) at 21106 Pacific Coast Highway burned down this morning. The house was listed for sale at $2,595,000 and had been on the market for almost one year. The blaze scorched both neighbors homes on either side. Here is the extensive MLS description..."Original beach sha...
07/04/2008
On March 8th I posted an article on my free Wordpress.com blog about a new record price being set for a monthly rental in Malibu. (click here to read it)The L.A. Times read it and called me to do an article on leases in Malibu and ran it on March 24th on the front page. (article)On May 7 Le Figar...
05/25/2008
Rainer
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Michael Gardner

Malibu real estate professional
local_phone(310) 699-8428
smartphone(310) 699-8428
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The low down on the high end.