Los Angeles, California - Real Estate
Los Angeles is the largest city in the state of California, and second largest in the United States. According to a 2004 estimate, the city itself has a population of 3,845,541, while the sprawling L.A. metropolitan area is home to about 12,925,330.
Real estate prices in Los Angeles, and southern California as a whole, have skyrocketed in recent years. The median cost of a home in the sprawling metropolis grew by 20.7% in 2005 alone, finishing the year at $568,400.
Such a market is prohibitive to the majority of buyers, but established homeowners can still get a moderate bargain in some cases through the use of foreclosed property and discount realty listings.
To find foreclosures and rock-bottom real estate bargains in Los Angeles, California and other cities across America, please click here.