The Market – Los Angeles
Everything should be back to normal in the next month.. NOT!
The simple, painful reality is that you can not unwind a decade of
overleveraging in a few months. The government can continue to slow down the
pain but you can not cheat the market. It must hurt before it will get
better. With that said it will get better.
In the meantime there are a lot of great opportunities for those who need a
home for their family or those that have the means and like the idea of
getting a great property for as much as 40% off.
The numbers…
From downtown to the Ocean. Check out these great visuals!
http://forms.themls.com/forms/la_times_news/11_02_08_LA_Times_Article.pdf
http://forms.themls.com/forms/la_times_news/10_05_08_LA_Times_Article.pdf
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