Has the Los Angeles Real Estate Market Finally Peaked?

Maybe in the San Fernando Valley at least (see Daily News article).  According to the Southland Regional Association of Realtors, the median price of a single-family median home dropped from a record high of $671,500 in March to $630,000 in April, a 6.2 percent month-to-month drop. Unfortunately for buyers in the market, they might not […]