How’s The Market

Thumbnail image for Malibu Is Set To Be Next Hot Target For Foreign Real Estate Buyers

Malibu Is Set To Be Next Hot Target For Foreign Real Estate Buyers

by ritasimpson June 12, 2012 How's The Market

It’s not news that foreigners are snapping up US Real Estate. What is news, is the Rate at which foreigners are buying US properties. International buyers accounted for  over $82.5 billion in US property acquisitions in the last 12 months. That is a 24% increase from the previous year!

Buyers for California and Malibu properties came …

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Thumbnail image for May Sales Activity Malibu Land Side Homes

May Sales Activity Malibu Land Side Homes

by ritasimpson June 8, 2012 How's The Market

May appears to have been a clean up month in Malibu, with most but not all sales sweeping the lower priced properties. The median price paid was $1,535,000 the high priced sale was $3,450,000 and the average paid per square foot was $561.05

Only a handful of the 17 sold Malibu Land side homes in May …

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Thumbnail image for May Sales Activity At Malibu Beach

May Sales Activity At Malibu Beach

by ritasimpson June 8, 2012 How's The Market

May was the month when all the beach homes that had been stuck on the market, for one reason or another, coincidentally closed.

For the 5 homes sold in May, the Median was$4,367,000  and the high priced sale was for $7,300,000. This was  for a brand new Malibu Road Architectural home which was in  probate. The final …

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Thumbnail image for Which Of These $40 Million Malibu Properties Would You Pick?

Which Of These $40 Million Malibu Properties Would You Pick?

by ritasimpson June 6, 2012 How's The Market

Hard to choose among these gorgeous properties, but more interestingly, contrary to popular speculation the most expensive homes in Malibu belong or belonged to some intriguing personalities, from Max Palevsky to Terry Semel,  Richard Weintraub, and  William Chadwick, not  famous for their acting in movies…just intelligent people successful in their fields.

Sorry, but we couldn’t …

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Thumbnail image for Prices Don’t Lie, If You Dream About A Malibu Home, Now May Be The Best Time To Buy

Prices Don’t Lie, If You Dream About A Malibu Home, Now May Be The Best Time To Buy

by ritasimpson May 29, 2012 How's The Market

Don’t take a real-estate agent’s word for it, but prices and increase in sales volume don’t lie!

For Buyers that have been dreaming of purchasing property in Malibu, It’s time to wake up and take action. So many factors are coming together to make this the best time to buy and this opportunity will not last.

Prices …

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Thumbnail image for Malibu Home Sales UP

Malibu Home Sales UP

by ritasimpson May 26, 2012 How's The Market

As you will be able to see from the charts in the link below, Malibu Home Sales are on a strong Up-Swing. The Median Price for the Sold homes was UP by 148% over last May, the Number of home Solds in Malibu was up by 64% and the Number of Homes in Escrow increased …

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Thumbnail image for Is Now The Time To Buy Your Malibu Home? Deeper Research Shows Malibu Market Is Least Vulnerable

Is Now The Time To Buy Your Malibu Home? Deeper Research Shows Malibu Market Is Least Vulnerable

by ritasimpson May 14, 2012 How's The Market

In today’s Wall Street Journal Report on “Squaring Off On Personal Finance” one of the questions debated by experts was: Is it time to Buy, or  will prices continue to slide? Opposing opinions are correct for different markets. Here is why It’s time to Buy property in Malibu:

On one side ,some argue that homes are …

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Thumbnail image for Most Active Home Sales Areas In Malibu This Year

Most Active Home Sales Areas In Malibu This Year

by ritasimpson May 9, 2012 How's The Market

Malibu Real Estate is moving nicely this Spring. The most active  areas for home sales in Malibu  so far this year have been:

Point Dume with 4 sales totaling over $30 million so far. One of the properties sold at $21 million skewing the average which would have been in the mid threes. Malibu Road followed …

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Thumbnail image for Malibu Inventory Of Homes For Sale Tightens, Properties Under Contract Up 56%

Malibu Inventory Of Homes For Sale Tightens, Properties Under Contract Up 56%

by ritasimpson April 27, 2012 How's The Market

In step with other hot Real Estate markets around the country, the Malibu Real Estate Market is experiencing a revival. The number of properties under contract in Malibu is UP 56% from last year, and average days on the market is DOWN 23%. Meanwhile the average months supply of Inventory is DOWN 51% and the …

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Thumbnail image for Bargain Hunting For Malibu Beach Homes

Bargain Hunting For Malibu Beach Homes

by ritasimpson April 22, 2012 How's The Market

Bargain hunting continues for Malibu beach homes and the pace of sales is heating up. This year so far we have had 11 sold properties on the beach ranging in price from $2,250,000 to $21,000,000! The median hangs at $5,500,000 with 7 of the eleven sales centering around the $5 million range and averaging a …

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