In July 2022, we wrote an alert describing the impact of rising interest rates on the real estate market. There were initial and embryonic signs of a slowdown. Now, we have collected data and surveyed clients and members of our Real Estate group to assess the impact of rising interest rates over the past six months and will share our thoughts about the prospects for the commercial real estate market in 2023. A number of these topics have been addressed in the press. Read more...The National Law Review
Santa Monica Market Update | January 2023
Single Family Homes
Average Sold Price
3.6
Million
Down -20.5%
from January 2022
Closed Sales
12
Down -7.7%
from December 2022
Average Days on Market
42
Up 61.5%
from December 2022
Condos/Townhomes
Average Sold Price
1.0
Million
Down -28%
from January 2022
Closed Sales
16
Down -44.8%
from December 2022
Average Days on Market
50
Up 22%
from December 2022
Food Obssession of the Month
Keto Pancakes
A delicious keto pancakes recipe that doesn’t require a lot of fuss, switches out almond flour for coconut flour and is the BEST low carb pancake you will ever have!
- 8 oz. cream cheese, softened at room temperature
- 4 eggs
- ½ cup coconut flour
- ¼ c monkfruit sweetener, or other favorite keto sweetener
- ½ cup heavy cream, or keto approved milk of choice
- 2 teaspoons baking powder1 teaspoon vanilla extract
Source: https://www.ketofocus.com/recipes/keto-cream-cheese-pancakes/
Local Happenings
2/10/23, 6:30 pm to 8:30 pm
FEBRUARY 12, 3:30 PM