Maralee Grantham's Blog

Wednesday, March 31, 2010

April 2010 Fun Things on the Westside

April 2010 Fun Things to Do on the Westside
Happy Easter and Happy Passover from your neighborhood realtor Maralee Grantham
Hooray they coincide this year! EASTER -- Passion Sunday, 3/28, Good Friday 4/2 and Easter is Sun 4/4. Sunrise service Hollywood
Bowl (also, bowl tickets for this summer go on sale 5/2 ) PASSOVER begins Monday night March 29 and ends 7 days later on the 5th.
ENVIRONMENT: Just a heads up for those interested in sustainable gardens, yes we missed the potluck, which was 2/1 , but the planting
event is 4/17-18, join a crew, sponsor a crew or be crew guru-100's of gardens are planted that weekend, www.gardensofgratitude.com also
to learn more you can go to the internet site westsidepermies.ning.com; UCLA Institute of the Environment lectures , 4-5:30 each Wed. in
April, oceans, to climate to fuels to business. Mar Vista 4/26 Sun see 79 home gardens, free, self guided - marvistagreengardenshowcase
Theodore Payne's 7th Annual Garden Tours include many on the Westside, April 13/14. There are 50 Native Gardens on display, tickets for
self guided tour available at www.Theodorepayne.org.$20tickets. Santa Monica environmental workshops, 6 classes free to residents,
suggested donation for non-residents. Starting on 2409 Main St. 4/12 Mon. and 4/21, Wed. at the SM Library, both 7-8:30 pm, contact
NancyBarba@sustainableworks.org to sign up. Earn an eco product filled goody bag; classes include water, energy waste, chemicals,
transportation, shopping and food. Beach clean up: West LA Surfrider beach club-Sat 4/3 9-11 am at Tower 26, near the Ocean Park
parking lot, go to coffee after on Main St. or end of month mixer, contact them at Surfrider WLAM [info@surfriderwlam.org]
NEIGHBORHOODS: Join your neighborhood assoc., there are 5 in Santa Monica; between Montana and Wilshire is Wilmont, to join $10
annual dues. Learn what is going on, bus fares are going up, city parking fees also. Learn about why Sears auto repair closed and about the
July 4th Parade by the Ocean Park Assoc. I am also a member of the large LA assoc. called Historical West Adams
VOLUNTEER: Save the coast with surfriderf.org, the Surfrider Foundation; help the homeless into a new life with Chrysalis, go to
changelives.org, help in Santa Monica; Share your pet, help give pet therapy in schools and hospitals, loveon4paws.org, or
horsesinthehood.org; Mentor students with after school writing or other help 826la.org and help high school students into college and beyond
with fulfillmentfund.org; Friends of the LA river, help return the paved river to a more natural state, folar.org; Red Cross continues to
donate to Haiti, or join a Disaster Action Team like me, or become certified for CPR, call Jennifer 310 394 3773, or West LA call Jerry 800
548 8226.
FUN: Don't forget first Friday evenings on Abbot Kinney, (crowded) Venice, CA. and last Fri. evenings on Main St. in Sta. Monica. Join
Santa Monica Junior Chamber, become a member or just go to their annual Peter Rabbit Day, Sat 4/3, at Douglas Park at 25th and Wilshire
Blvd., Easter party for children .smjaycees.clubexpress.com; Blessing of the Animals 4/3 held downtown at Olvera St. 213 485 8238, see
calleolvera.org; Farmwalk visit the 225 acre working Pierce College Farm, Woodland Hills 818 710 4253, www.piercecollege.edu. Festival of
Books LA Times held at UCLA 4/24-25, 213 237 3144, latimes/fob.; Cowboy Poetry and Music Festival, Santa Clarita, Ca, 4/22-25,1
admission ticket $20 for a 1 day pass or $30 for 2 days, to see all shows, cowboyfestival.org, 661 286 4021. This is your once a year chance
to enter the Melody Ranch where all famous westerns were filmed from "High Noon" to "Bonanza".Glow 2010, Santa Monica is up for a
$250,000 artist grant from Pepsi for 20 projects for the 9/26 Sat art and music project on the beach last done in 2008.
Sta. Monica FUN: Antique and Collectible sale in parking lot near Bundy, 6 a.m. to 1 p.m.each 4th Sunday Farmer's Markets-2 in Sta.
Monica on Sat earliest 8 a.m. Pico and Cloverfield and 9:30 at 3rd near Arizona. Sun. on Main St. and in Hollywood 8a.m. on Sunday south of
Hollywood and Vine, at Ivar and Selma.
SM Conservancy $10 for a 2 hour walking tour 10 am Saturdays, meet at 1436 2nd .St, rain or shine 310 496 3146
FILM: all April LACMA offers the films of Jean Renoir, (son of the famous painter), he escaped Nazi Germany to come to Hollywood, go to
lacma.org, tickets $10 each weekend and Tues. matinees; also check out films at the UCLA film school
ART: Skateboarding history, art California Heritage Museum (on Main St. in Santa Monica) 310 392 8537, californiaheritagemuseum.org
through May 30; Venice, Home Tour Sun 4/11 $75 self guided.
Museums': LA County Museum of Art "LACMA" continues with Pierre Auguste Renoir in the 20th century and his son in the theatre with
the films of Jean Renoir, also art retrospective of American history with "American Stories", all month also;4/18 Getty lecture Leonardo Da
Vinci's Science, Technology and Art 3pm Sunday; Sat night Concert at the Getty, 4/17 at 7:30 with Micachu and the Shapes, (In May and
June they will be every Sat night). Getty Villa celebrates the empire of the Aztecs with the Grammy Award winning group Sones de Mexico,
Sat 4/10, 8 pm and Sun; Autry Museum of the American West in Griffith Park Sat and Sun 4/3 and 4/4 free day from Bk. of America; 4/10
Sat and 4/11 Sun. 1 pm hear a talk on Native American Basketry in the Wells Fargo Theatre; Thurs. 4/15 member preview 6 pm of Also at the
Autry :"Homelands How Women Made the West," opens to the public Friday 4/16 also at the Autry, Sun 4/18 talk by famous author Lisa
See, whose ancestor immigrated to Cal. To build the railroad, married an American girl (against the law) and had 5 children, divorced her on a
visit to Canton and currently both sides of the family have exquisite antique shops in Los Angeles area.
WESTERN Music Jam, at the Autry in Griffith Park noon, each 3rd Sunday 4/18 of the month.
Griffith OBSERVATORY: first Fri free show "All Space Considered", discussing latest events in astronomy 7:30 pm; also SM College
Drescher aud. Planetarium shows 7 pm and 8 pm, 2 shows for $9 or one for $5, park free, enter from Pico at front of school.
Westside Subway meeting- SM Public Libr. 4/20 Tues 6- 8 pm.;
LA Bicycle Race, ending in Santa Monica- help Dodger owner Frank McCourt plan the route , scheduled for Sept., 2010, see on Google.
Maralee Grantham and Associates In Pursuit of Your Dreams
Sotheby’s INTERNATIONAL REALTY maralee@maraleegrantham.com cell 310 570 6100

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Tuesday, March 16, 2010

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Ca. Assoc of Realtors State of Housing 2009

California Assoc. of Realtors statistics on the State of Housing 2009 show that the average time homes are owned has declined from 10 years in 1999 to 5 years for all home sellers, but the portion that are second home and investment sellers declined to 3.5 years.

Sales volume for existing homes in Ca. and the US bottomed out at the same time in 2007 and only showed improvement in mid-2009. Sales had risen 28% over 2008 by the 3rd quarter of 2009. The median price hit a low in Feb 2009 to $245,170, then began to rise to $271,000 currently and projected to be $280,000 by 2010 ( to $597,000 in May 2007).
Homes break out at 77% below $500,000, 3% above $1,000,000 and 20% between $500 and $1,000,000. Inventory supply is 9 mo. for the above $1mmm category, 3 months for those below $$500,000 and 4 months between $500 and $1mm.

The really great news is that 1st time home buyer as a % of total buyers rose to 47%, mostly because of the tax credit of $8,000, which could be requested in the same year as the purchase. (This level had been reached only in the 1993 and 1995 years).

Distressed homes, at the state level, REO/foreclosures and short sales made up almost half (46.5 percent) of all annual sales in 2009, an increase from 35.6 percent in 2008. Median price of distressed properties was $250,000 vs. $485,000 non-distressed. was $250,000 vs. $485,000 non-distressed. The top reason for selling in S. Cal was short sales and foreclosures, 28% and in N. Cal., 19%, and 43% in the rest of Cal.
The profile of the 2009 1st time home buyer was that most had an income above $80,000, were 32 years old, received an interest rate of 5.5%, and made up 53% of total buyers. Those able to buy homes made up
80% and condos 16.8%, the median home price was $365,000 with an average square footage of 1900 up from 1600 in 2005, 34% were able to get FHA loans; 35% were single and 31% were married.

How Clients Found Agents in 2009

Recommendations of friends 27.7%
Client was friend/relative/neighbor 19.4%
Represented in previous transaction 17.0%
Listing agent for home purchased 1.0%
Yard signs 3.1%
Newspaper/Internet/Magazine Ad 5.2%
Direct mail/telephone marketing 1.2%
Other 25.3%

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Wednesday, March 3, 2010

Short Sale imminent? Gov. assures FHA loan on next home

Anyone who is facing a short sale, if possible, keep your mortgage payments current and you are assured of receiving an FHA insured loan on your next home. There are more details, such as your home's sale must pay off your present mortgage...

Here is link to find out more detail about the government insured loan program: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/09-52ml.pdf

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Tuesday, March 2, 2010

LA Westside Fun March 2010

March Fun Things to Do on the Westside
Brought to you by your neighborhood realtor Maralee Grantham
Happy St. Patrick's Day, Don't forget to run or volunteer to help in the 1st LA Marathon to end at the SM Pier!
2010 LA MARATHON 3/21, Learn how you can get involved in the big event by submitting your marathon special offers, display downloadable
LA Marathon placards or by volunteering to welcome runners and fans. Read More; Academy Awards 3/7
NATION'S BEACH HOUSE: Annenberg/Marion Davies Beach House: 415 PCH ,sign up classes such as yoga, soccer, dance start 4/15,
see http://www.annenbergbeachhouse.com
OPERA Thursday Evenings with the LA Opera 2/18 — The fifth of a free series of presentations about five upcoming operas (before heading
out to see them) is Introduction to the Ring Cycle & Gotterdammerung, 7 p.m. at the Main Santa Monica Public Library, 601 Santa Monica
Blvd., Santa Monica, (310) 458-8600 or www.smpl.org/
THEATRE/CONCERTS: Getty Saturday night music at the 7:30-3/27 see gettycenter.edu or call 310 440 7300 ( Note parking at Villa and
Center is $15,free after 5 pm; Getty has new play Alkestis -modern version with a modern dance company-- where Herakles wrestles death,
sat 3 and 8 pm and Fri 8 and Sun 3; UCLA Royce Hall Randy Newman of "I love LA" fame 8 p m tickets $65, 50, 40.
HOME BUYERS: The So.California Home Buyer’s Fair, open 10 a.m. to 5 p.m., Saturday, March 13, and 11 a.m. to 4 p.m., Sunday, March
14, features more than 50 educational “how-to” seminars designed to help home buyers navigate today’s real estate market with confidence
and peace of mind. Seminar topics range from understanding home prices and monitoring and fixing credit to applying for a mortgage and the
importance of the home inspection. Several of the sessions also will be offered in Spanish. The event is free to the public. In addition, the first
200 attendees each day will receive a free movie ticket (one ticket per person). See a consumer fact sheet about the event. Please visit
http://www.homebuyersfair.com/ for more information. Buying Income Property in Santa Monica seminar 3/2 SM Public Library 9:30-12
noon put on by Rent Control Board.
MUSEUMS/ART: LACMA: Renoir in the 20th Century February 14, 2010–May 9, 2010 American Stories:Paintings of Everyday Life, 1765–
1915, many icons of American art on display, February 28, 2010–May 23, 2010; Getty 3-25 to 7-5 Aztec Pantheon and the Art of Empire; SM
Airport Art Walk 3/20 Sat 1-5 pm-see amazing portrait painter, give a workshop to paint children 1:30. 3300 #G airpt av. enter from 23rd.st
LECTURE: :Getty Villa free lecture 3/4, Thurs. 7:30 pm (park $15 or free after 5) 2000 year old Greek Cosmos tracking device-Antoikythera
discovered ,now we know it 's purpose. Santa Monica, Winter Lectures at Memorial Park, 3/13, "The True Story of Marion Davies", put on by
the SM Conservancy and in honor of the donor of the Annenberg Community Beach House.14th and Olympic tickets $10, ,smconservancy.org,
3/27 lecture on the rebirth of the Beach House site the architecture, both 2-5 pm
FILM: USC, French new wave cinema of Kourtrajmé Productions, a Paris-based collective of emerging visual artists, filmmakers, actors and
musicians short films, music videos and documentaries. Directors share their work.
ARCHITECTURE: LA Conservancy has 16 free walking tours of downtown, such as LA' s evolving Skyline.
FESTIVALS: 3/6-7 Pomona Fair grounds Irish festival weekend.
MUSEUM/THEATRE: new play from the museum's Native American company, "Tales of an Urban Indian", opens March Fri 8pm and Sat
2pm and 8 pm and Sun 2 pm
ENVIRONMENT: Native Plants? Sunland, Ca has the definitive Native Plants Foundation, Theodore Payne, don't want to drive to Sunlandnorth
on the 5 Freeway? Go to see them at the Hollywood Farmer's Market, just n. of Sunset and w. of Vine, 8 am to 1 pm, Sundays, one of
LA's best, see farmernet.com; Tree Hugging Day 3/20 Sat. go to Palisades Park SM noon; SM city offers to anyone these 6 session Green
Living Workshops. Sessions start 3/1 Mon., another 6 sessions start Tues 3/2 and Wed. 3/3 another. Topics include:, one per week: Water,
Energy, Waste, Chemicals, Transportation, and Shopping & Food. Workshop meets for six sessions at the same location and time. All evening
7:00 pm to 8:30, Sustainable Works [nancy.barba@sustainableworks.org], or www.SustainableWorks.eventbrite.com, open to all, suggested
donation for lare workbook is $25.West LA Surfrider Foundation offers core training course 3/6 Sat. 11-12 am, Santa Monica Youth Hostel,
2nd St., this is a beginner intro course to help people learn basic water quality, plastics, ocean friendly gardens, beach clean-up…RSVP
www.surfriderwlam.comDANCE: don't forget to see what Staci and Conroe have planned for the Michael Jackson dancing classes and
subsequent performances- www.flashmobamerica.comTOURISTS: Friends visiting? Send them off to see 3 major areas: Santa M Bev Hills W
est LA, Hollywd Universal on the Star Line, they can ride all over, get on and off as they like $30 for 1 day $40 for 2, Go online or visit any
hotel.. YEAR OF THE TIGER: listen to what an expert says- what is in store for the Tiger metal year:
http://www.raymondlo.com/ver2/aboutmasterlo/articles.asp?id=15
Maralee Grantham and Associates In Pursuit of Your Dreams
Sotheby’s INTERNATIONAL REALTY maralee@maraleegrantham.com cell 310 570 6100

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Did you remeber all your Real Estate tax deductions?

Selling Your Home, Sweet Home:
Have you thought of all deductions?

deductions on points paid when you bought the home
deductions on mortgage interest
property taxes while you lived in it.

Sellers
deduct the fees you incur to unload your home.
deduct a portion of the property taxes
agent commission lowers the sales price (reducing capital gains tax
fees you paid at closing.

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