How much will real estate prices rise in Malibu during 2013? The question itself is a statement that prices are certainly heading up, barring an extraordinary circumstance, during this year, when supply seems low and demand is high by past standards. For the past two years, prices have not changed much, and a certain status quo highlighted the local market. Realtors and appraisers may once again have to go back to work to make skillful judgments of new values, as things change this year.
For now, here is a rundown on some of the Malibu sales that have occurred this year:... Read the full article
Malibu Real Estate Report
May 31
Housing supply in 2013 is low and demand is high by past standards.
About Rick Wallace
Rick Wallace has been a Malibu Realtor for 25 years, currently with Coldwell Banker which merged with his original broker, Fred Sands Realtors, in 2001.
He is the most recognized real estate agent in Malibu, and well-known for his real estate articles published frequently in The Malibu Times.... read more
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