Location, Location, Location with Michael King
Beverly Hills is my kind of town! The glitterati and glamorous places to live, dine, play and shop. The holiday season celebration is upon us. The iconic Rodeo Drive is brimming with high-end boutiques and sparkling amongst the stars with its enchanting festival lights. The luxury real estate market on the westside of Los Angeles is world renowned for its stunning mansions and estates. From the dazzling lights of the Hollywood Hills to the piercing blue waters of Malibu. As we learned from the Wizard of OZ, “there’s no place like home”. What a dreamy place to live.
We are living in interesting times as we are reminded that the real estate market is cyclical. The market continues to normalize. There is a trifecta of headwinds currently that are affecting certain sectors of the market with unusual financing, values and low supply. For now, the contrarians see the silver lining which is opportunity. The ultra-luxury market is performing well locally and globally. If you find yourself dreaming of a Villa in Greece with panoramic views of the Aegean Sea, we have a new construction Villa compound on Paros Island that will be available in the spring.
The historical data shows time and time again that the westside market is resilient due to the economics of supply and demand. At King Real Estate Brokerage, we provide a monthly market update for your location on the westside of Los Angeles, so just email us if you would like to receive it.
We extend a warm welcome from King Real Estate Brokerage in Beverly Hills. At King we handle the successful selling and acquiring of luxury properties. Our collective core values shape who we are, and this requires a culture devoted to exceptional service, integrity and a deep understanding of the industry from a local and global level. We place great value on long-term relationships. If you are considering selling or buying luxury residential real estate, we would love to hear from you.