Beachfront mobile homes in Southern California are fetching staggering prices.
"The value of mobile homes within walking distance of the surf has shot up tremendously in the last few years, reflecting a dramatic change in status for these dwellings. These trailers aren't the housing-market dregs; they're a sensible solution for some seeking the life of Malibu Barbie.
Kirk Murray, a Realtor with Pritchett-Rapf & Associates who has sold many mobile homes in Malibu, watched last year as one went for $795,000, and then sold again for $995,000 two months later. Another month after that, it was on the market again for $1.25 million."
Thanks to Laura Kranz
FULL STORY: Sold: $1,000,000
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