Where To Find Malibu Land For Sale
Posted by adairsawyer on August 3rd, 2011
If you are looking for land and property bargains that are located in California, you will want to take a look at Malibu land for sale. This is luxury real estate located along the coast of Southern California and includes homes as well. Many of the lots for sale can be built upon. As of July 2011, there are currently over 220 parcels of Malibu land available. The low absorption rate (rate that homes coming onto the market are sold) means that buyers have a lot to choose from and have more leverage when deciding which lot to buy so now is the ideal time for buyers who want to take advantage of the low costs for these homes and find Malibu land for sale.
Many celebrities make Malibu their home and even a few of the lots for sale of the Malibu land actually is owned by these celebrities. Furthermore, those who buy Malibu land may become neighbors with some famous people but this is not the only reason to invest in Malibu. The area itself is located on the Pacific Ocean and consists of many private beaches. If buying a Malibu beach property, many who are fortunate to be able to buy on the beach often share the sand with only a handful of other homeowners and in some cases, they can have a private beach to themselves. There is still some Malibu land for sale where the right buyer could purchase a home on the edge of the Pacific Ocean.
There are lower prices today when it comes to real estate in California such as Malibu land than ever before. For example, there are currently 72 lots for sale in Malibu that are over 1,000,000. That number may seem high but the truth is that many of these parcels have sat on the market for a long time and would welcome an offer to come their way. In fact, average days on market for this Malibu land for sale are 377 days! The housing market appears to have reached a bottom when it comes to value, and for the most part prices are stabilizing which is bringing a lot more confidence from both Malibu buyers and Malibu sellers that now is the time to take action in the Malibu real estate market. With the value slated to start to go up in the near future, those who have capital to invest realize that this is the time in which to purchase some Malibu land for sale, especially that which has been traditionally high end.
People who could not afford to buy any type of home in California only a few years ago now can enjoy the Southern California sunshine by moving to this state such as Malibu land. This is the ideal time for anyone who has money to spend to invest it in real estate. Because California has seen an influx in foreclosures, the price of real estate in this state has dropped to a low value. Those who are looking for a bargain when it comes to real estate can find it when they take a look at the real estate in this state, particularly the Malibu land for sale.
Not all states provide bargains such as California does when it comes to real estate, but California is where many people want to be; especially Southern California where the weather is hot all year round. And who does not want to live near the beach? Those who live in Malibu are close enough to Los Angeles to commute to work and also have a beach nearby. This is the ideal location for anyone who wants to live in the area near LA and today, the prices of homes are lower than ever before. Those who are looking for a luxury home should look no further than Malibu land when it comes to the many homes that are priced to sell are right on the market and ready for a buyer. Now is the ideal time to buy real estate. Those who have money to spend can pick up some bargains when it comes to luxury estates as well as beach front property that is located in Malibu. Thus, Malibu land for sale is, for the most part, a good deal.
If you are looking for the best deals when it comes to real estate can find it when they look for Malibu land for sale. Those who are interested in Malibu land can find what they want when they go to Malibu Luxury Realty.
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About the Authoradairsawyer
Joined: April 9th, 2011
Articles Posted: 1,903
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