Condos in Santa Monica - Are they good to have ?

Thinking of buying a condo in Santa Monica ? That's not surprising because Santa Monica, with its beautiful beach and well developed infrastructure is considered one of the best vacation destinations in Southern California. The city is a unique blend of a vacation paradise and a beautiful modern city ...

Is a condo in Santa Monica a good investment ?

Santa Monica is flanked by gorgeous, sunny, palm lined beaches on one side and Hollywood and downtown Los Angeles on the other ... it has over 400 restaurants - many of which are considered world class, and Pacific Palisades is to the north of Santa Monica. And real estate prices have risen from the past several years, and many feel this trend is likely to continue.

And Santa Monica is also known for its health loving people - not surprisingly, the city is very pedestrian friendly. The city also has an excellent public transport system. Santa Monica also has world class restaurants and shops that draw thousands of tourists every year.

With all of these going for it, Santa Monica is a fun place ... and if real estate prices continue to increase like it has in the past, then a condos in Santa Monica could be great investments.

Real estate market trends in Santa Monica

Currently ( winter of 2005 ), the overall trend of the market is increasing, although there are more sellers than buyers. The prices are reported to have increased by 10 to 15% compared to last year and Santa Monica Canyon is one of the hottest housing areas. Sellers are said to be getting multiple offers at asking price.

Condos in Santa Monica - Are they good to have ?

Is a condo in Santa Monica a good investment ?

Real estate market trends in Santa Monica

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