The trends of people leaving have started over a year ago and has been gaining pace.
It was the first signs in the last two decades that came first before there was an economy melt down and real estate price crash.
If you want to know when the homes are going to start having big problems getting sold at a good price, look to condos and town-homes. Condos and town-homes are the last to benefit from the market and the first to go south.
So look for the condos and such to start having trouble selling and know the homes are next.
THE SKY IS FALLING B*U*M*P!
LA has ONE asset: the weather. It has several liabilities:
Hollywood
Ridiculous Housing Prices
Earthquakes
Illegal Aliens
Crime
Smog
Crowding
Traffic
In light of that, Akron, Ohio looks like a better place to live to me.
Not here in Fresno, the stupid prices keep going up.