With much in the national press at the moment about a Housing Market Slump in the US it is interesting to note that the luxury housing market is booming in Southern California!
Westside, the area west of LA including Malibu, Bel Air, Beverly Hills and Pacific Palisades etc. It has been noted that the luxury real estate sales have been booming with people snapping up property quicker than before!
Despite the luxury end of the market in the area performing so well buyers are cautious because of the generalised national press.
With beach houses, hideaways in the mountains and plenty of mansions of different styles to choose from there is plenty of luxury real estate in Malibu, it is just that demand for property is outstripping supply!
If you are considering a property in the area please contact Judy Kunisaki on 310-317-8396.
Related Links
Los Angeles's Westside Thrives During Real Estate Slump
Despite US subprime mortgage crisis, demand for luxury LA real estate
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[...] dollar and the strong Euro/Sterling and Canadian Dollar. This is of course not the first time that a boom in sales in the Westside area has been reported and it appears that its appeal and popularity goes from strength to strength as many buyers are [...]
[...] you are considering purchasing a property in Malibu or the surrounding Westside area then please contact Judy Kunisaki on 310-317-8396 for professional Real Estate [...]