Silicon Beach has been all over the news lately. Many media publications have done stories on the area. Google has moved in and even Facebook opened an office recently. Now we are all aware of the allure the area has with the techies. It seems to also have a profound effect on the local Real Estate Market. In short Homes in LA's Silicon Beach are selling fast. There is no doubt about it. Homes and Condos only sit on the market for around 30 days. In a month's time a listing that you may seen that strikes will be sold shortly there after if you do not act. Cash buyers are having a feeding frenzy in the area. Giving sellers multiple offers to choose some with most of them going with the an above asking price. Listings in the $700K range only last for a mere 7 days or less. We now know that Silicon Beach is here to stay but with that the listings that are for sale do not. Silicon Beach Homes are selling fast. The numbers and activity only proves that the location is in hot demand. If you choose to purchase a home in Santa Monica, Venice, Marina del Rey or Playa Vista. Get ready to submit your highest and best offer.
