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Who’s HOT Manhattan Beach New Construction This is no secret but Manhattan Beach has been on a new construction kick. Buyers in this city tend to be high-income earners and want to focus on their business, not remodeling a home. Although East Manhattan Beach was down as a whole, new construction prices continued to make record highs even to this day. That being said, Liberty Village is setting new records for itself as well. The Tree Section was flat in 2018 and although new construction has slowed slightly, people are still picking up new builds at a strong pace. The Hill Section poses a lot of risks for spec builders, so when a newer well-done home
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Millennials An online survey conducted by Harris Poll on behalf of Nerd Wallet recently found that millennial parents (ages 18-34) are “supersavers.” Other interesting findings shared in the report… • Among employed millennial parents, 38% contribute MORE than 15% of their income to retirement savings. • Very few are not saving anything; only 7% save nothing (compared to 18% of baby boomer parents). • If their savings rate continues, millennial parents could be setting themselves up to retire with $1 million more than baby boomer parents and $400,000 more than Generation X parents. Another statistic I found impressive, was that the median millennial parent saves 10% of their annual income. That is substantial compared to other
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This past week brought a large number of fresh home listings to Manhattan Beach. Now that the spring selling season is under way, we expect more listings and more buyers gobbling up that inventory. We noticed that of the new to newer construction, there was a nice supply of contemporary style homes to hit the market from the Sand Section to the Trees, and even to East Manhattan Beach. So if you like contemporary, then you are in luck…take a look at these four beautiful contemporary listings: Sand Section 216 9th Place This brand new contemporary spec home was featured on the cover of Digs Magazine and  “commands unobstructed Strand-like views, without the Strand-like price” to quote JocLene Davey
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