Trulia Los A…, Other/Just Looking in Los Angeles, CA

Single family home rents are down 0.4% while single family home prices are up 11% Y-o-Y in Los Angeles.

Asked by Trulia Los Angeles, Los Angeles, CA Thu Apr 4, 2013

Do these numbers reflect what you are seeing in your own neighborhood in Los Angeles?

Check out more info on rent vs. buy here:
http://trends.truliablog.com/2013/04/trulia-price-rent-monit…

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Answers

2
Rent is still high in my area in Glendale, Burbank, And Tujunga. Its Crazy how rental properties dont want to drop the value of there homes. I mean i understand mortgage payments are still high, but its not worth renting anymore. But i do agree with houses increasing in value. Our house increased roughly 30 to 50k duriing a 6 month period. (zestimate price). I live in Tujunga, CA
0 votes Thank Flag Link Thu May 16, 2013
I would say that is probable accurate in my area rents have been going up aggressively the past 2-3 years, now that the real estate market is starting to come back it would make sense for the rental market to level out.
0 votes Thank Flag Link Mon Apr 8, 2013
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