Historically, properties in this market sell at a 9.5% discount. Today’s discount is 16.0%. This market is 6.5% undervalued.
Median home price is $534,900 with a rental parity value of $639,600. This market’s discount is $104,700.
Monthly payment affordability has been improving over...
http://ochousingnews.com/blog/los-angeles-housing-market-report-july-2016/
Saturday, July 16, 2016
Los Angeles Housing Market Report: July 2016
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