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 Robert & Barbara Schmalz 310.505.5571 bob_schmalz@wlaregroup.com |
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Robert & Barbara Schmalz 310.505.5571 bob_schmalz@wlaregroup.com |
Santa Monica is Los Angeles' Jewel by the sea. Featuring some of California's best restaurants and shopping opportunities, living in Santa Moinca is like living at a world class resort. The city is very diverse, and offers a little something for everyone, no matter the size of their pocket book. If you like the mountains and hiking, Santa Monica has them; if you prefer the sand and the sea, they're just ten minutes away from those beautiful mountains.
Santa Monica is one of the most environmentally friendly cities in the United States, as well as with one of the most health conscious. Couple these facts with a vibrant economic climate, and you get an unbeatable place to live! Some of the more fabulous attractions in this city within a city include the Santa Monica Pier, Third Street Promenade, Montana Avenue, and Main Street.
Other than sellers having a slightly harder time finding qualified buyers, the housing crisis has not really affected the single family home market in Santa Monica. For the pre-qualified buyers, there are some houses that have seen their prices come down slightly, but most real estate prices are consistant with where they were three years ago. If you take into consideration the previous inflationary trend, the fact that Santa Monica is holding steady proves it's a smart place to invest. On the other hand, you will find excellent values in the condo market which has been slightly more volatile than the single family home market.
The reason home prices have not dropped drastically in the area is that demand to live here is still so strong. Any investment you make in the Santa Monica area will appreciate ahead of the market in the years ahead.
Use our website to look around Santa Moinca. If you have any questions, or would like to schedule a personalized real estate tour of the area, email me at bob_schmalz@wlaregroup.com. Once you visit you'll never want to leave!
Thanks,
Bob
