LA Home Prices: The Coming Perfect Storm

Courtesy of National Assoc. of Realtors
December 2012 home sales ended the best year for the U.S. real estate market since 2007. Up 9% from 2011, the perfect storm of record-low mortgage rates, low inventory and increased employment have the folks at the National Association of Realtors predicting record-breaking sales through 2013 and beyond.
So does this mean that L.A. home prices have hit bottom? Yup, I think so–so much so that we’re buying a new house this year.
Interested in buying at the bottom? Let me know.

Selling Your Home?

Find Out What It's Worth

Sign Up For The Mailing List

Get the latest scoop on your favorite Los Angeles neighborhoods!