locolocal
New member
http://www.latimes.com/business/la-fi-adv-bubble-prices-20140304,0,6106375.story#axzz2vmeO45Ul
Housing prices surpass bubble peak in some Southland ZIP Codes
Housing prices surpass bubble peak in some Southland ZIP Codes
Home prices in a dozen Southern California ZIP Codes have passed their peaks during the housing bubble, according to research firm DataQuick. Most are either in the San Gabriel Valley, a magnet for buyers from Asia, or on the Westside, where the technology industry is booming.
Of the 12 ZIP Codes where the non-inflation-adjusted median price has passed its bubble-era peak, six are in the San Gabriel Valley and one is in affluent Irvine. All are hubs for buyers from China looking to move to the U.S. or invest here.