I heard recently that there are a few areas in California that have not been affected by the recent drop in real estate values. Where are they?
#113916. Asked by unclerick. (Apr 06 10 2:42 AM)
However, housing bubbles did not manifest themselves in each of these areas at the same time. San Diego and Los Angeles had maintained consistently high appreciation rates since late 1990s, whereas the Las Vegas and Phoenix bubbles did not develop until 2003 and 2004 respectively.
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