Malibu Real Estate End of Year Round Up
Review of buyers in the local market in Southern California
Now the festive season is starting to end it is a great chance to review the market in Malibu. With the press about the Housing market being negative it is interesting to note that the market is not only changed but evolved.
More and more buyers start their search on the internet before contacting a Real Estate agent. New Real Estate technology tools are available for agents to inform buyers – this blog for instance as well as super-regional MLS systems that allow agents to research homes from an even larger pool than ever before.
According to the California Association of Realtors nine out of ten people are happy with the services provided by their agent and saw them as hard working. With the weak dollar property in spots such as Malibu and the surrounding area becomes a very attractive investment for overseas buyers – making an internet presence vital for buyers and sellers.
Malibu is a unique place, its climate, geography and celebrity status defines it – despite the national housing issues the luxury market in Malibu has been moving full steam ahead with properties over $5 million being snapped up. When viewed on the internet it is expected that these homes have multiple pictures and map directions and more! Now could be a great time to purchase a home in the area.
If you are thinking about purchasing a property in Malibu please call Judy Kunisaki on 310-317-8396.
Related Links
Internet vs. Traditional Buyers Survey - 2007 Highlights
California Association of Realtors
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