Produced by Realty.com, this video provides a snapshot of the Los Angeles, CA real estate market.
Los Angeles ranks as the 14th most populous metropolitan area in the united states. According the National Association of Realtors, Los Angeles' average home price in 2007 is $593,000. In 2005, the US Census Bureau told us that the average household income for the state of California is $53,629. Los Angeles is subject to California's 11.5% tax rate, which ranks as the 13th most taxed state in the union.
For more real estate information, and to gain full access to all MLS, For Sale by Owner, and Foreclosure listings in the Los Angeles area, visit us at Realty.com.
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