I always mention in my seminars that the real estate market varies depending on location (including as micro as neighborhoods) AND price point/TIERS. Check out what's happening in our Los Angeles market in regards to tiers. The information is already "old" since it stops at January 2019 but is still useful to see what is happening overall.
**Price Index: Percentage number that shows the extent to which a price (or a 'basket' of prices) has changed over a period (month, quarter, year) as compared with the price(s) in a certain year (base year) taken as a standard. See also consumer price index.
Crissi Avila will teach you how to buy smart. We’ll look at location, development, and turnover so you can spot opportunities long before most even start considering them.