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Prudential Real Estate Consumer Survey Shows Americans Are Confident in Real Estate

May 21st, 2011

Americans are demonstrating a more bullish outlook for the real estate market today. Despite recent economic volatility, consumer belief in real estate as a good investment is unshaken.

In fact, the majority of America’s potential homebuyers and sellers—68 percent—believe that the real estate market and property values will recover in the next year or two, according to the 2011 Prudential Real Estate Outlook Survey released yesterday.

“Our survey clearly demonstrates that Americans continue to be optimistic about the real estate market and believe that home prices will rise,” says Jim Mallozzi, CEO of Prudential Real Estate and Relocation Services. “A key takeaway from the survey is although consumers recognize that it is a good time to buy, they are concerned about their ability to sell their homes. This is one of the reasons the market is still struggling to recover.”

Additionally, the majority of respondents—75 percent—highlighted the importance of real estate agents in the process of buying or selling their home. “Americans continue to see real estate agents as having a very important role in helping them price, buy and sell their homes,” adds Mallozzi. “Although the data underscores the value real estate agents provide, it also shows that the industry needs to continue to work hard to meet clients’ unique needs.”

The Prudential Real Estate Outlook Survey of 1,253 Americans between the ages of 25-64 in the market for buying a home was conducted Jan. 20-27.

via Prudential Real Estate Affiliates

https://www.prea.prudential.com/PREACenter/ArticleManagement/ArticleViewer.aspx?ArticleId=1269

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Summer Rentals

May 14th, 2011

The summer is near and what could be better than to spend it in Malibu. Surrounded by gorgeous Santa Monica mountains and an endless horizon of breathtaking ocean views. This Summer Prudential Malibu Realty is listing a luxurious array of summer leases.

33332 Pacific Coast Hwy, Malibu 90265 LP: $30,000 MLS: 11-506155 Contact: Tony & Alan Mark

33334 Pacific Coast Hwy, Malibu 90265 LP: $40,000 MLS: 11-505355 Contact: Alan & Tony Mark

22202 Pacific Coast Hwy, Malibu, 90265 LP: $55,000 MLS: 11-507015 Contact: Michael Novotny

21750 Pacific Coast Hwy, Malibu, 90265 LP:$15,000 MLS: 10-449073 Contact: Michael Novotny

3814 Malibu Country Drive, Malibu 90265 LP: $5,800 MLS: 11-510115 Contact: Pam Whitham

23560 Pacific Coast Hwy #66, Malibu, 90265 LP: $35,000 MLS: 10-433877 Contact: Gina Longo

20520 Pacific Coast Hwy, Malibu, 90265 LP: $11,500 MLS: 0-458859  Contact: Gina Longo

27208 Pacific Coast Hwy, Malibu, 90265 LP: $10,000 MLS: 10-429613 Contact: Maryam David & Pam Whitham

31626 Sea Level Drive, Malibu, 90265 LP: $60,000 MLS: 11-512723 Contact: Tony & Alan Mark

31008 Broad Beach Road, Malibu, CA 90265 LP: $65,000 MLS: 10-447073 Contact: Tony Mark & Alan Mark

31202 Broad Beach Road, Malibu, 90265 LP: $100,000 MLS: 11-522685 Contact: Tony & Alan Mark

7322 Birdview Ave, Malibu, 90265 LP: $20,000 MLS: 11-517663 Contact: Lynette Bishop

32060 Pacific Coast Hwy, Malibu, 90265 LP: $13950 MLS: 10-468141 Contact: Tony & Alan Mark

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Open House: 4/17/2011

April 15th, 2011

This Sunday, Prudential Malibu Realty is hosting four beautiful properties on open house.

20276 Inland Lane, Malibu LP: $2,390,000 MLS: 10-458929

Contact: Pam Whitham

11834 Pacific Coast Hwy, Malibu LP: $3,495,000 MLS: 11-517779

Contact: Lea & Leon Johnson

25422 Malibu Road #2, Malibu LP: $4,199,000 MLS: 09-399935

Contact: Maryam David

3194 Heidi Lane, Topanga LP: $750,000 MLS: 10-438779

Contact: Derinda Moses

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Open House: 4/10/2011

April 8th, 2011

This week Prudential Malibu Realty is hosting eight properties on open house.

Take a look.

20276 Inland Lane, Malibu ~ $2,449,000 ~ MLS: 10-458929

Contact: Pam Whitham

11834 Pacific Coast Highway, Malibu ~ $3,495,000 ~ MLS: 11-517779

Contact: Lea & Leon Johnson

25422 Malibu Road # 2, Malibu ~ $4,495,000 ~ MLS: 09-399935

Contact: Maryam David

6435 Zumirez Drive, #15, Malibu ~ $749,000 ~ MLS: 10-477903

Contact: Maurice Yenni

6750 Fernhill Drive, Malibu ~ $6,500/month ~ MLS: 11-497957

Contact: Patti Spencer

3826 Marks Road, Malibu ~ $1,429,000 ~ MLS: 11-499989

Contact: Lynette Bishop

3541 Las Flores Canyon Road, Malibu ~ $1,595,000 ~ MLS: 11-517667

Contact: Barry Kinyon

24657 Blue Dane Lane, Malibu ~ $2,195,000 ~ MLS: 10-440407

Contact: Hassen Masri

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Open House: 4/03/2011

April 3rd, 2011

Today Prudential Malibu Realty is hosting 6 properties on open house. Come not only to see the beautiful properties but why J.D. Powers and Associates finds prudential open houses to be the best.

20276 Inland Lane, Malibu LP: $2,449,000 MLS: 10-458929

Contact Agent: Pam Whitham

11834 Pacific Coast Hwy, Malibu LP: $3,495,000 MLS: 10-479769

Contact Agent: Lea & Leon Johnson

25422 Malibu Road, #2, Malibu LP: $4,495,000 MLS: 09-399935

Contact Agent: Maryam David

6435 Zumirez Drive, #15, Malibu LP: $749,000 MLS: 10-477903

Contact Agent: Maurice Yenni

6750 Fernhill Drive, Malibu LP: $6,500/month MLS: 11-497957

Contact Agent: Patti Spencer

3826 Marks Road, Malibu LP: $1,429,000 MLS: 11-499989

Contact Agent: Lynette Bishop

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Prudential Ranks Highest in Satisfaction among Home Sellers

April 2nd, 2011

As noted earlier this year, Prudential ranks highest in satisfaction among home sellers. This is the second time in three years, prudential has achieved such high distinction. JD Powers and Associations broke down the following distinct achievements in a recent special report.

  • Prudential has the lowest average time-to-sell
  • Over half (56%) of home sellers working with prudential agents, are repeat customers
  • Prudential agents rank highest in hosting open houses

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Open House List: 3/27/2011

March 26th, 2011

This week Prudential Malibu Realty is hosting five unique properties on open house.

Check it out!

20276 Inland Lane, Malibu ~ $2, 449,000 ~ Pam Whitham ~ MLS: 10-458929

11834 Pacific Coast Hwy, Malibu ~ $3,495,000 ~ Lea & Leon Johnson ~ MLS: 10-479769

25422 Malibu Road 2, Malibu ~ $4,495,000 ~ Maryam David ~ MLS: 09-399935

6435 Zumirez Drive, Malibu ~ $749,000 ~ Maurice Yenni ~ MLS: 10-477903

6750 Fernhill Drive, Malibu ~ $6,500/month ~ Patti Spencer ~ MLS: 11-497957

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Open House List 2/20/2011

February 19th, 2011

Great news this weekend! According to a recent article in the LA TIMES, luxury home sales jump 21% in California,  “a rise for the first time in five years”. Many high end buyers view the market as hitting it’s low and are swooping in for the deal before prices climb up. For more information visit: www.latimes.com/business/realestate. Also Prudential Malibu Realty is hosting five properties on open house.

20276 Inland Lane, Malibu ~ $2,394,000 ~ Pam Whitham,  MLS:10-458929

11834 Pacific Coast Hwy, Malibu ~ $3,495,000 ~ Lea & Leon Johnson, MLS:10-479769

25422 Malibu Road, Malibu ~ $4,495,000 ~ Maryam David, MLS:09-399935

3194 Heidi Lane, Topanga ~ $750,000 ~ Derinda Moses, MLS:10-438779

6928 Castle Peak Drive, West Hills ~ $799,000 ~ Tami Lyyn, MLS:F11046539

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Open House 1/16/2011

January 15th, 2011

With weather in the high 70s, this weekend is a great opportunity to get outdoors. Take advantage of the Malibu beaches, hiking trails and Prudential Malibu Realty’s open houses.

20276 Inland Lane, Malibu: $2,394,000 ~ Pam Whitham

11834 Pacific Coast Hwy, Malibu: $3,495,000 ~ Lea & Leon Johnson

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Open Houses 1/9/2011

January 8th, 2011

The holidays are officially over. This week Prudential Malibu Realty is getting back to business with two open houses.

20276 Inland Lane, Malibu ~ $2,394,000 ~ Pam Whitham, MLS: 10:458929

11834 Pacific Coast Hwy, Malibu ~ $3,495,000 ~ Lea & Leon Johnson, MLS: 10-479769

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