Home Prices Increase According to Standard and Poors

(From an article at Standard & Poors)

According to an article based on the Case Shiller index the property values in Los Angeles are slightly higher as of April.  The index shows that prices have adjusted to their 2003 levels and appear to be trending higher.

After several months of declining values, preceded by rising prices, the prices show a modest gain. Los Angeles is in Red.  Other nearby cities also shown.

Case-Shilling-April-2012

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In another article (click on the link  to read the entire article)  the study shows that nine cities faced a decline while the rest of the 20 cities studied increased.

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About the Author

Natalie Neith has 22 years of experience in Los Angeles real estate and is a consistent top producer for the John Aaroe Group. Accredited by the select Architectural Collection, Natalie is an expert in marketing historic and architecturally distinctive properties. From vintage mansions to contemporary condos to everything in between, she has sold hundreds of homes in the LA area, representing celebrity sellers, repeat customers, investors and first-time buyers alike.

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