We have just updated the Los Angeles Triple Bubble Trouble map with Q1 2009 data. The map color-codes zip codes based on three signs of a bursting bubble: increasing number of foreclosures, decreasing median sale price and a drop in the number of sales. The quarterly figures are compared with the average values in the past two years (8 quarters).
Zoom in on the map to the highest degree and you will get the actual values for all the three market indicators.
In the January 2009 Foreclosure Report by PropertyShark.com, Los Angeles foreclosures were down 49% from December 2008, Miami foreclosures increased by 58%, New York City by 64%, and new scheduled foreclosures in Seattle spiked 300%.
While most real estate markets across the country are slowly progressing along the road to recovery,…
After three consecutive years of growth, the L.A. housing market has gotten even hotter in the first months of this…
Check out our new interactive map that plots all single family homes and condominiums that…
Roxana Baiceanu 