Rise in sales of luxury homes to people relocating to the area

Malibu has long been known for its desirable location and many have dreamed of relocating to its sun drenched shores.  Its luxurious real estate offerings have long been the subject of press coverage - especially due to the number of celebrities who live in the area.

With a national slowdown in the housing market receiving lots of attention it is interesting to note that the luxury home market is really taking off and is growing! With foreign investors taking advantage of the weak dollar and custom homebuilders seeing their work backlog by months or even years as people are instructing them to build their ideal dream home!

In Malibu, anything over $10 million is selling fast and properties within a close proximity to a beach or any part of the coast are being snapped up by hungry buyers! This comes at a time nationwide where luxury properties are being bought up in the wake of Wall Street bonuses and other favorable economic conditions.

Some of the most exclusive addresses in the world lie within Malibu’s limits or just outside. The area is peppered with beachfront estates which are becoming more and more desirable as coastal preservation tightens up and restricts construction.

In any case a Real Estate transaction is an important decision and as such the right advice should be sought when searching for property. Judy Kunisaki offers just this in this part of Southern California, she know’s that a buyer is not just looking at a property but the neighborhood, the local schools (which are outstanding), commute times and more!

If you are thinking of relocating to the area give Judy a call on 310-317-8396

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