July 1, 2025 Breaking News, Latest News, and Videos

Real Estate News Update From The North Santa Monica Market:

By John Hathorn

Traditional trends and cycles have reemerged within the Westside real estate marketplace.

For years we have told buyers and sellers that the Spring market begins in mid-February, right after the Superbowl. However, in the last couple years this market failed to materialize and there was really no rhythm or predictability.

This year we have returned to familiar patterns. The more normal (pre-recession) Spring frenzy has appeared again, to a very welcoming seller and brokerage community. We are seeing good, well priced inventory come to the open market and sell quickly. Once again multiple offer sales and offers exceeding list price are the talk of the neighborhood.

If you have been looking to buy and have been waiting for lower prices or lower interest rates, right now appears to be the time to strike. Waiting any longer could prove to be risky for serious buyers looking to make a move. Of course, only time will tell — but all signs point to a re-energized, very active market.

John Hathorn can be contacted at 310.458.4024 with any questions.

in News
<>Related Posts

Three-Bed Palisades Highlands Townhouse Hits Market for $1.7M

June 30, 2025

June 30, 2025

The Mediterranean-style property, located at 1529 Michael Lane, is part of a 71-unit community A remodeled 1,919-square-foot townhouse in the...

Six-Bed Mar Vista Hilltop Home Under Construction Lists for $5.3M

June 30, 2025

June 30, 2025

The private backyard is complete with a pool, spa, fire pit, built-in BBQ, and areas for outdoor dining A stunning...

(Video) Getty Villa Reopens Six Months After Dodging Destruction of Palisades Wildfires

June 29, 2025

June 29, 2025

With the reopening also comes a new exhibit, “The Kingdom of Pylos” Getty Villa Reopens Six Months After Dodging Destruction...

Free Virtual Planetarium Shows Coming to SMC in July

June 29, 2025

June 29, 2025

The virtual format is in place as construction of the new SMC Planetarium and Observatory nears completion The Santa Monica...

Santa Monica Adopts $793.3M Budget for FY25-27, Prioritizing Housing and Safety

June 29, 2025

June 29, 2025

The budget preserves core services and invests in major projects, including over $1 billion in hotel investments The Santa Monica...

Iranian Pastor in West L.A. Speaks as Church Rocked by Immigration Raids 

June 28, 2025

June 28, 2025

Five Detained as Fear Spreads Through Persian Christian Faith Community  Fear has spread through a West Los Angeles congregation after...

California Doubles Down on Hollywood: $750M in Tax Credits Approved for Film and TV Industry

June 28, 2025

June 28, 2025

State Lawmakers Back Major Expansion of Production Incentives, Raising Job Projections Los Angeles’ film and television industry is poised to...

Park: “Our Water Infrastructure Must Be Emergency-Ready Every Day”

June 28, 2025

June 28, 2025

Councilwoman expressed cautious relief at the news but emphasized the need for robust infrastructure The Los Angeles Department of Water...

Washington Square Pizza Opens to the Public

June 28, 2025

June 28, 2025

New York Style Pizza “By-The-Slice” Now at the Beach By Nick Antonicello  Washington Square Pizza formally opened its doors today...

California Allocates $5B for Road Repairs, Transit Expansion

June 28, 2025

June 28, 2025

The funding aims to improve road safety, reduce traffic congestion, and promote cleaner transportation California is investing nearly $5 billion...

THIS SUNDAY: Palisades Symphony Presents “Best of Broadway”

June 28, 2025

June 28, 2025

The performance will feature a full orchestra playing iconic selections, from John Philip Sousa’s *El Capitan* and George Gershwin’s *The...

LAPD Updates Immigration FAQ to Clarify Enforcement Role

June 27, 2025

June 27, 2025

The document, available in English and Spanish, outlines the department’s policies and limits regarding immigration status The Los Angeles Police...

Three Santa Monica College Student Films Selected for International Film Festival

June 27, 2025

June 27, 2025

The LA Shorts International Film Festival, the city’s longest-running shorts festival, screens over 350 films annually and draws 10,000 attendees...

EEEEEATSCON Los Angeles Returns with Star Chefs, Firefighter Tribute, and Wildfire Relief Efforts

June 27, 2025

June 27, 2025

Culinary Festival Features Exclusive Restaurant Collabs, Support for Small Businesses  EEEEEATSCON Los Angeles, the celebrated food festival curated by The...

Suspect Charged by Los Angeles DA with Shooting of Santa Monica Cop and Teens

June 27, 2025

June 27, 2025

Faces Attempted Murder Charges and Over 100 Years to Life in Prison if Convicted. Criminal charges have been filed against...