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Top Ten Turnaround Cities - Real Estate Recovery

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Real Estate Agent with Keller Williams Realty CalBRE# 01308620
Top Ten Turnaround Cities - Real Estate Recovery
 
Great news for my fellow Los Angeleans....Los Angeles made the list for the Top 10 Turnaround Towns in the housing recovery!! Our median price is UP 30% from this time last year! And our days on market have been reduced by 27%!! Although we cannot sustain this kind of growth, it's nice to see such positive reports, and let's hope that we slow down to a sustainable recovery rate in 2014!! With interest rates rising and the elusive QM taking effect in January, I think those factors will help to give our marketplace the balance it needs to sustain further growth at a much healthier pace! 
 
Here's to optimism in the LA Real Estate Market for 2014....Cheers!!! 
 

PLEASE SEE THE CHART BELOW FOR OTHER TURN AROUND TOWNS & THEIR NUMBERS.....

 

Top Ten Turnaround Cities - Real Estate Recovery

 

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