Malibu Make Bid to Be World's Mega Mansion Capital

By JFP   follow   Fri, 11 Jan 2013, 10:31pm PST   ↑ Like   ↓ Dislike   284 views   0 comments   Watch (1)   Share   Quote  

"Malibu has always been known for its hidden beaches and un-hidden wealth. The combination has now turned Malibu into one of the nation's capitals of hyper-priced real estate.

Malibu had the most $10 million listings in the 12 months ending in November, according to Coldwell Banker. With a huge boom in sales in the fourth quarter, fueled in part by the fiscal cliff, Malibu is in the running to have the highest sales total in the $10-million-plus category for all of 2012."

See http://www.cnbc.com/id/100373158

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