Monday, February 05, 2007

BizJournals Los Angeles: Poll: Homes to still increase in value

I don't know if there is any real value in taking polls asking people about where they think home values will go. They've been hearing so much in Los Angeles press about how much the rate of price gain has slowed, but Los Angeles County overall still had a price gain for 2006 - what do you think they are most likely to answer for 2007?

Pretty much more of the same! Only 10% of the respondents anticipated a big move up or down. 21% said prices would stay flat, 35% thought prices would be a hair more, 31% thought a hair less.

You can read the poll results here in a February 2 story from Los Angeles Business from bizjournals.


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