subject: Purchasing Bel Air Real Estate [print this page] Bel Air real estate is some of the most prized properties in the Los Angeles area, with multi million dollar homes being commonplace. Real estate agents who serve homebuyers in the area who are interested in the most beautiful properties are some of the most highly skilled, highly educated and dedicated professionals in the country. Bel Air is home to some of the most expensive properties in the country, and to help homebuyers deal with such tremendous decisions, a professional who is familiar with the areas of Bel Air, Beverly Hills and Holmby Hills is a necessity.
The Sunset Strip is also in this area, which is shared with West Hollywood on Sunset Boulevard. Here you will also find some streets that are famous, such as Rodeo Drive, Wilshire Boulevard, Santa Monica Boulevard, Beverly Drive and others as well. Coldwater Canyon Drive is the main road that connects Beverly Hills to the San Fernando Valley. Although some of the largest mansions in the country are found in the area, they only make up about 10 percent of the citys area. Even though the area seems to be well known for being a playground for the rich and famous, in reality the citys average household income is only $73,000 per year, which is only about $19,000 greater than the average of the entire county. However, Bel Air real estate has consistently claimed the title of having the most expensive market in the country, with the average home costing just over 2.2 million dollars.
For the most part, this unique play of numbers in this real estate market is pretty much due to the large amount of people who rent homes throughout the area. Those residents of the city who do own their own homes do not make up a majority of the population. The average income for a household that owns its real estate is just under $130,000 per year. If you are looking to buy Bel Air real estate, you need to decide what type of property you are interested in purchasing, whether it is a single family home, an estate or even a horse farm. The area is unique in the fact that some homes have views of the city, some have views of the ocean, and still others have views of the majestic mountains just beyond the area. The view you want to see every day as you look out your windows is only one of dozens of decisions you will have to consider making to make sure that you find Bel Air real estate that is exactly what you have been looking for.