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YoY% gains in asking prices and rents for majority of large metros, what about Los Angeles?

Asked by Trulia Los Angeles, Los Angeles, CA Tue Sep 11, 2012

While Los Angeles isn't a top city for YoY% in asking prices and rent, do you Los Angeles pros think you would would agree with this trend?

Check out the rest of the stats here:
http://trends.truliablog.com/2012/09/trulia-price-and-rent-m…

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Rents are up here in Chicago and my agents in CA state the same trend is happening in their areas as well. This is a good sign as Real Estate purchases look more appealing the more rents increase, assuming they outpace the Real Estate price increases at the same time (as a percentage).
0 votes Thank Flag Link Wed Sep 12, 2012
Getting higher rents here too!


"NEAL KNOWS LOS ANGELES AREA REAL ESTATE"

WESTSIDENEAL
Neal Grusky
DRE# 01890580
Hpremiere Properties
Real Estate and Financing
10940 Wilshire Blvd. Suite 1600,
LA, CA 90024 | Office:
(800) 652-1768
neal@hpremiere.com
0 votes Thank Flag Link Sun Sep 16, 2012
I have been able to get higher rents at the properties I manage and lease. Especially in Santa Monica and the West side of LA.
0 votes Thank Flag Link Wed Sep 12, 2012
Los Angeles is a big market. This cannot be said for all areas.
0 votes Thank Flag Link Wed Sep 12, 2012
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