Three Big Myths About LA’s Real Estate Bubble

Article from Forbes Magazine

As real estate investors, prospective homebuyers and brokers look back, 2017 could probably be called “The Year of Real Estate Records.” Dozens of major real estate markets saw rent and home prices continue to rise, sometimes even hitting all-time highs, while building on years of steady growth since the housing collapse a decade ago. It’s truly striking, and with each day that passes, 2018 shows few signs of slowing down.

In specific elevated markets such as Los Angeles, San Francisco and Manhattan, this growth has led bearish real estate investors to worry about the possibility of a real estate bubble. As a luxury broker who works closely with Los Angeles’ homeowners and prospective homeowners every day, it’s my business to understand the ins-and-outs of the market to best help my clients. And as it turns out, there’s a lot of misleading (or flat-out false) information out there about LA’s elevated home prices.

Read the full article in Forbes

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