Relevant:
- A Tale of Two California Markets -- Culver City and California City. Culver City prices back near peak levels with flippers out in full force. California City seeing prices back to levels last seen in the 1990s.
- Revisiting a friendly bubble in Culver City -- A median home price of $680,000 and typical household income of $66,000. An example of a $300,000 pending price cut and the hidden impact of home equity loans
- Culver City welcomes back home flippers
- Westside Los Angeles: The Ultimate Prime and Stagnant Real Estate Market
- Wall Street Threatens Washington as Reform Vote Approaches; Europe Acts Pre-emptively Against Fraud
2012-10-11 — doctorhousingbubble.com
The Westside of Los Angeles is seeing Great Depression built homes selling for prices higher than what they were during the housing bubble. For example, today we highlight a short sale that is selling for $749,000 (2 beds, 1 bath, 1000 sq.ft). This place sold in 2008 during the crazy mania for $669,000. So some areas in SoCal never even corrected to begin with!
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