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Podcasts Take Two
SoCal's warm weather outdone by its hot housing market
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Mar 29, 2016
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SoCal's warm weather outdone by its hot housing market
The median home price here has climbed for the 47th straight month and there's no sign of slowing down heading into the fierce spring buying season.
Two areas with relatively low home prices saw the biggest biggest year-over-year increase in prices locally; Prices increased 10.3% in East Los Angeles, 9.4% in Compton, and and 8.7% in Downey.(Photo: A home for sale in Central Los Angeles).
A home for sale in central Los Angeles.
(
Christopher Okula/KPCC
)

The median home price here has climbed for the 47th straight month and there's no sign of slowing down heading into the fierce spring buying season.

Southern California may be known for its temperate climate, but for some the housing market has become too hot to handle

The median home price here has climbed for the 47th straight month, according to analysts at CoreLogic, and there's no sign of slowing down heading into the fierce spring buying season.

Real estate agent Kurt Wisner joins Take Two to help take a temperature of the market and offer his advice to buyers looking to move in.