Our local papers are reporting that housing prices posted gains for the third month in a row. On a year-to-year basis from August 2008, our total decline is now a statistical 12% for L.A. I don't think this has to do with the $8k credit. Rather, I think it's because of historically low interest rates and very short inventory.
Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
Wednesday, October 28, 2009
L.A. Times AND Daily News say home prices are up...
Our local papers are reporting that housing prices posted gains for the third month in a row. On a year-to-year basis from August 2008, our total decline is now a statistical 12% for L.A. I don't think this has to do with the $8k credit. Rather, I think it's because of historically low interest rates and very short inventory.
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