Why Malibu Real Estate Is Hot Again
When the economy went into a free fall in the dark days of 2008 and 2009, buying a second, third or fourth home quickly became less of a priority for the wealthy. Even Malibu was not immune to the downturn. Sales volume and prices in the tony beach community plummeted, and the market has been treading water ever since.
There are signs that 2011 might be different. Sales were up for April, and the summer rental market is starting to heat up, too. Consider the deals that went down during Read more [...]