Dorene Slavitz,
Agent, Culver City, CA
Dear Alan,
I don't think it's possible to answer this question since the market has been so volitale in the past few years and there are just so many "unknowns".
Generally speaking...the best neighborhoods remain the most stable, therefore, the most likely to maintain their values and appreciated in the future.
I don't think it's possible to answer this question since the market has been so volitale in the past few years and there are just so many "unknowns".
Generally speaking...the best neighborhoods remain the most stable, therefore, the most likely to maintain their values and appreciated in the future.
Denise Simon,
Agent, Pacific Palisades, Los Angeles, CA
Hi Alan, if you are asking about appreciation in the Los Angeles area, there would be some logic to considering properties that are closer to the ocean, as the weather is more desirable to a great number of folks. Another indicator could be the history and volume of short sales and foreclosures in specific neighborhoods. A higher volume of properties under water could keep prices down and slow the return of an appreciating market. Best to create a working relationship with a local Realtor, wherever you are considering buying, to help you analyze trends and make the right decisions.
