This story first appeared in the June 28 issue of The Hollywood Reporter magazine. Even in such second-home meccas as the Hamptons and Malibu, beachfront property is a rare commodity -- and as the market heats up, prices are skyrocketing, regaining as much as two-thirds of their pre-recession peaks. "There's a confidence in luxury real estate right now. This is the buyer segment's chance to step up," says Betty Graham, president of Coldwell Banker Previews International. "If they have the money and the valued lifestyle, this is the time to do it before it goes higher."
read more...
read more...
- 6/21/2013
- by Leslie Van Buskirk
- The Hollywood Reporter - Movie News
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.