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Southern California Real Estate 

Following the California Real Estate bubble 

Los Angeles real estate agents and Los Angeles real estate

Wednesday, July 20, 2005

Southern California Real Estate Prices Rising, But at a Slower Pace

Southern California real estate prices continue to climb, but at a much slower pace than in previous months. According to a DataQuick study cited in the LATimes, "Prices in each of the Southland's six largest counties posted records, pushing the median price regionwide for all houses and condos to a record $465,000." Orange County hit a staggering $600,000 for the median price. San Diego County continues its cooling trend, but still hit $493,000 for the median price. Los Angeles County hit $475,000, and Ventura County topped $584,000. What this means for the real estate bubble is anyone's guess. Some economists think the data points to a 'softlanding'. Additionally, as long as job growth remains at current levels, many economists argue, housing prices should remain relatively stable.(Full LATimes story)

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If you seek to purchase a home, or to sell a home, in the greater Los Angeles or Southern California area, you are in the right place. We work with Los Angeles real estate agents, as well as agencies covering most of Southern California. 

Perhaps, you would like to take the equity from your home and move into a bigger home? Or perhaps you would like to utilize your home equity to make a life change.

Many of today's real estate agents have become greedy, as the Los Angeles area real estate market has bubbled.

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