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Condos in Santa Monica - Are they good to have ?
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 MonicaCurrently ( 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. If these conditions persist, then condos in Santa Monica will increase in price over time, and may prove to be a very good investment.
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