Malibu CA Real Estate, Time to Sell?
Many owners of Malibu real estate wonder, is it time to sell? Markets all over the nation are seeing record prices, low inventories, and competitive offers. The question of whether it is time to sell is not an easy one to answer. Sit down with an experienced Malibu CA REALTOR to evaluate the market, your property, and your reasons for selling.
Is it a bubble?
People love to speculate on real estate. The unfortunate truth is that it is impossible to judge the absolute peak of a market. While it is very possible to get close to the peak, the reality is that buyers and sellers will ultimately find themselves on one side or the other of it. Many real estate analysts do not see this particular market as a bubble, yet many buyers and sellers do. A recent opinion piece in the New York Times “Wonking Out: Are We in Another Housing Bubble?” Does a good job of demonstrating past bubbles and why today is different. Eventually, however, prices will have to flatten.
Malibu CA is different
Bubble or not, Malibu CA has long been a desirable place to call home or second home. As a result, even when prices go up, they are not likely to collapse. Selling now can be a wise move for anyone planning to sell in the near future, however. Inventories are low and buyers are active. Malibu real estate values are buoyed by the spectacular location and lifestyle, so whether selling now or later there will always be buyers.
Learn more about Malibu CA real estate
Contact me, Judy Kunisaki, today to learn more about selling homes in Malibu CA. I welcome the opportunity to update you on the market while sharing a complimentary listing presentation at the same time. Let my knowledge and experience serve as your guide to Malibu CA real estate.
Click here to read “No, the housing market isn’t in a bubble. But there still are many things to worry about in 2022.” from the Washington Post.