By Coco Clayman Cook

With a signed bailout and the election only days away it seems almost certain that things are about to change, the real question is, "How?"  And while I am interested in the entire market I will confess to being infinitely more interested in the market here in Los Angeles.  In the luxury condo market we have seen definite changes in the last 2 years, but nothing as drastic as the rest of the country.  In fact luxury condominiums actually enjoyed a surge in sales over the summer.  More and more people are realizing that in this economy a luxury condo is a great investment in the long run and an instant investment in gas savings.

In the coming months we will see what the economy has in store for Los Angeles, our country and the world market.  One thing is clear though, people will continue to need homes.  If they aren't able to purchase, which potentially could be a substantial portion of the public, then they will need to rent.  A smart investor who purchases prime rental properties now could certainly be poised to cash in for years to come.  If you are looking for smart investments in luxury condominiums on the Westside of Los Angeles give me a call, it could prove to be life changing