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Investing in Marina Del Rey luxury real estate is the right move for your future. The outlook for the real estate market in Marina Del Rey is continually positive, as the Marina has so much going for it. Its great location next to the ocean, its fantastic boat marina, and abundant new condo's, and ease of access from all areas of the city will continue to make Marina Del Rey attractive in the real estate market. The average home price in Marina Del Rey is high, about 1.2 to 1.6 million dollars all the way up to 3 million for the luxury homes on the Strand, and there is a wide range of properties available, whether it is for investment or living. Many of the luxury Condo's range in price from 700,000 to 1.4 million.. Even in this current real estate market, where prices did drop between 20 - 40 %. Marina Del Rey has seen an increase in home and condo prices of approx 10% to 30% in the last 12 months the demand for Marina Del Rey real estate remains stable. Richard Chernock knows that the magic of Marina Del Rey real estate is that it comes with qualities that cannot be measured in any simple terms. Those who purchase a Marina Del Rey luxury home, beach home, or condominium do it also to invest in a lifestyle and community that has a much more abstract value; this kind of desire is not as easy to extinguish, no matter how the national market is doing. Contact Richard today to find out how you can start your real estate search in Marina Del Rey.
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