Southern California Half Off Sale: 11 Los Angeles County Zip Codes with 50% Year over Year Price Drops.
What once seemed like a total impossibility has occurred in Los Angeles County and in many other cities throughout Southern California. During the decade long housing boom, you would be thought mad if you would guess that any zip code in Los Angeles County would fall 50% in any given year. In fact, during many […]
Is Oil Having an Impact on Housing? Taking a Look at Los Angeles County.
High gas prices are nothing new to those that live in Southern California. But there is something surreal about seeing prices quickly approach $5 per gallon. In fact, as you scroll through the list of your local gas station options, you’ll already see $5 a gallon for diesel serving as a highlight of coming attractions.
California Home Prices Down 35% From a Year Ago. Sales are up due to Distress Sales.
There may be a silver lining in falling prices and that is, homes are selling. Â Maybe not at the blistering pace of the early 2000s but there is definitely a minor jump in those searching for bargains in the now heavily hit California market. Â Incredibly prices are down statewide by a stunning 35%, the worst […]
Revisiting the Last California Housing Slump: How bad are Things Currently for California Housing?
Sometimes the best way to measure one current downturn with one from a distant past is to look at the headlines. Many will recall that California in particular Southern California faced a boom and bust cycle; in the late 80s prices went up only to bust during the early 90s. Much was to blame including […]