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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Sr K who wrote (141967)8/20/2008 12:36:38 AM
From: Peter VRead Replies (1) of 306849
 
Well I see that it's based on zip code 90210 (for being in the center of Los Angeles, but a stupid choice since it's a separate city), and if you were alive in the USA in the 1990's (or was it the 80's?), you'd recognize that as Beverly Hills. And I'm sure that median price is pretty accurate for the zip code.

But you are probably correct that it's not representative of all of Los Angeles. Is the housing turnover representative? Hard to say. A sampling of other zip codes are different, LA probably has 40-50 zip codes.

Do you have a better source of information for housing urnover rates? I looked for a while, so it's somebody else's turn. Maybe the County recorder has those stats, I don't know.
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