Why Investing in Property is a Smart Long-Term Decision:
A Look at Hermosa Beach & Manhattan Beach
If you're considering purchasing property, it's essential to understand that real estate is one of the most reliable long-term investments. The housing markets in desirable areas like Hermosa Beach and Manhattan Beach are continuing to thrive. Over the past year, home values in these cities have appreciated by approximately 8%. This steady growth means that purchasing a home today could yield significant returns in the future.
For example, based on current appreciation trends, a $2,000,000 home purchased today could increase in value by 8% in just one year—bringing its potential value to around $2,160,000. Beyond just short-term gains, homes in Hermosa Beach have appreciated by 323% since 2000, while those in Manhattan Beach have seen a 284% increase over the same period.
The increases illustrated in these charts show that buying a home in these markets isn’t just about finding a place to live—it’s about making a smart financial decision for your future. If you’ve been on the fence about whether now is the right time to invest, the appreciation data highlights the potential returns of getting into these high-demand markets.
Feel free to email me or schedule a call if you’d like to learn more or have any questions!
