When was the peak in Los Angeles?
The housing peak in terms of prices in Los Angeles was August 2007 where the medium house price was $605,300. In March 2009 it was at $295,100, a 51.2% drop.
I'm a residential and commercial broker serving Los Angeles County, and based in beautiful Pasadena. Most everything is local, local, local, and I share my insights and experiences. But the macro affects each person, each house, each decision in one way or another, and I bring the big picture into focus, since it all trickles down to the basics of selling or buying a property. I hope you enjoy my blog.....
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